How to Start an Online Business Reef for Under $500

This is a comprehensive list of expenses normally associated with an Online Business Reef setup. Now we have also included the costs to setup a business entity for further protection so if you did not want that you could set this up for under $200 or less.

  • 1 year of prepaid Blue Host web hosting services.$85.00
  • Setup of WordPress and website $0
  • Domain Name (1st domain is free) $0
  • Register of Business with State $70.00
  • Business License $75.00
  • Checking Account $0 per month
  • eBay and PayPal account, $0 setup fees. Monthly fees based on selling. Some listing fees on eBay up to $50.00 per month.
  • Amazon account for selling products is $39.99 per month if you want an account to sell in a pre-approved venue. If you are just selling books and other items it is no charge.
  • Opencart, Magento, or WoCommerce shopping cart installation $0
  • Authorize merchant account for true eCommerce $35.00

TOTAL NECESSARY EXPENSES SO FAR – $230, a lot less if not required to get a business license with your local ordinances.

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