The Small Business Administration estimated in 2006 that there were over 27 small businesses in the United States. Due the recent downturn in the job market, many people have started to consider to running their own small business to replace lost income. Still others have been bitten by the entrepreneurial bug, especially due to the opportunities the Internet offers to create an online business quickly and easily.
For many people who wish to start up a new business, the main obstacles are not enough time, money, or expertise. Some people can run a successful online business in only a few hours a day. Lack of expertise does not need to be an obstacle with so many online courses and free small business mentoring programs and guides both online and in one's local area.
Funding therefore can be the biggest obstacle to getting starting in a new business. However, there are a number of ways to find the money to start a new business, particularly an online business.
