A decade ago, many small eBay businesses wouldn’t have guessed that they could routinely post more than $1 million in profit each year. However, that’s just what happened to Eliabeth Bennett, who runs the seven-employee company AfricaDirect.
After starting her business in 1997, Bennett’s business quickly grew as she found a large market selling items from African traders such as clay pots, textiles and carved masks, according to AOL.
“At first, I was like, ‘Wow, we made just $50 a week,'” Bennett told the news source. “I would never have guessed we could grow our business into what it is today.”
While Bennett’s biggest challenges these days are finding the right boxes for unique items – such as seven-foot-tall giraffe sculptures, entrepreneurs who want to tap into the international market through eBay face different challenges.
In addition to coming up with an original idea, these individuals need to look for ways to reduce startup costs, especially if they are setting their sights on future growth. However, they may be able to reduce their costs by investing in VoIP business phones for their workers.
With this tool, entrepreneurs and their employees can have access to all of the company’s essential data no matter where they need to work. In addition, studies have shown that VoIP telephony services are capable of drastically reducing a business’ phone bill.
According to TMCnet, the monthly phone bills of those who make international calls can routinely be in excess of $100. But, by purchasing a phone service through a trusted reseller that can provide maintenance, support and installation, these owners can reduce their costs to less than $20 a month.
A decade ago, many small eBay businesses wouldn’t have guessed that they could routinely post more than $1 million in profit each year.