Times are hard today! Though the economic data would indicate otherwise, we are now facing a world economic problem of such massive problems that could result in a large economic downturn. In many countries we have massive property bubble that is just waiting to burst and the recent large increases in the price of crude oil are certainly not going to help inflation and if sustained will lead to interest rises that will have a devastating effect on the world economy. This will mean a lot of people will find themselves out of a job whereas many others will struggle to make a living.

The aim of this article is to propose an online business that requires very little capital that can if carried out properly be used to supplement the income of a person or if an even bigger effort is made could turn out to be a business that can itself make a living for an individual. This business is an online e-bookstore. It should be stressed that this business is not a scam since it involves the sale of information to customers for in many cases at a reasonable price. There is also an advantage of selling eBooks over traditional books in that they are kind to the environment and are seeing an increase in their market share at the expense of the traditional book.

The type of information that could be sold varies from: eBooks on diets, nutrition, health, sports & recreation, fun &n entertainment and many other areas of interest.

Many people could say that to set up such a business takes time and effort. However there is one product available on the market that has done all work and for which the capital cost is insignificant for a ready-made business. Details concerning

To conclude the world is going through a tough time and only the dynamic individuals who grasp opportunities presented to them will prosper.

Andy George is a qualified chartered accountant who was born in Birmingham, England and who has had many years’ experience in public practice, industry, and commerce and as a lecturer. Since 1991 he has been based in the island of Cyprus. Andy was a financial correspondent for eight years at the Cyprus Financial Mirror where he wrote articles on business and accounting related issues to a non-technical audience. He is the author of eBooks: How to write and Publish Your Own With a Shoestring Budget http://www.budgetebook.com

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akgeorge@cytanet.com.cy