If you've ever thought about starting a business, but it seemed like too much work or if you're just not ready to take that step yet, dropshipping might be the answer. This is an online business model in which a retailer sells their products through an online store without having ownership of any inventory.

Make a business plan

A business plan as a Startups work is a document that helps you outline your business and its goals. It's important to write down what you want to do, how much money you'll need to start the venture, and where it will operate. A good way to start is with writing down what you want from this project—a set of goals like "get my first customers" or "sell enough products so I can make money." Then consider what types of things might keep those goals from being met: money supply problems like lack of capital (in other words, if there isn't enough cash on hand), legal issues (like being sued by competitors), employee turnover rates and skill shortages (if employees leave within two months then they won't be able).

Once these issues are identified as potential roadblocks in achieving those initial goals then look at each one individually until they're all covered by thorough research into possible solutions such as government tax breaks or grants available through organizations such as Amazon Associates Program or eBay Partner Network or even just through personal contacts at local businesses who might know someone who could help out financially!

Do some market research

Before you start, do some market research. Find out what your competitors are doing and why they're doing it. Then, find out what customers want from a supplier like yours.

Next, research the target audience for your product or service and figure out if there are any commonalities that might make sense for a drop shipping business model (e.g., people who wear pants). Finally, investigate whether anyone else is selling similar items at similar prices as well—this will help determine whether there's room for growth in this area of sales revenue!

Choose products to sell

  • Choose products that are in demand.
  • Choose products that are easy to ship.
  • Choose products that are easy to return.
  • Choose products that are easy to source.
  • Choose products that are easy to market and sell, too!

Find suppliers

  • Find suppliers from Alibaba. The Alibaba search engine can help you find suppliers, but it can also be a source of information on products and pricing. Learn how to use it, and get familiar with its functions so that you can find what you're looking for quickly.
  • Find suppliers from social media. Social media sites like Instagram have become more popular in recent years because they allow users to share photos and videos in real time with friends who may be interested in similar products or services as yours! You should keep an eye out for new accounts on these platforms by searching "dropshipping" or something similar within the search bar at each site (such as Facebook).

Pick an e-commerce platform

When you’re ready to start your dropshipping business, it is important to pick a platform that will be easy for you and your team members. Below are some of the most popular e-commerce platforms:

  • Shopify — Shopify is the most popular e-commerce platform on the market today. It integrates with all of your payment processors, suppliers and marketing software (Facebook Ads etc.). This makes it super convenient for any small business owner who wants to start an online store without having any technical skills or knowledge of how these things work!
  • WooCommerce — Another easy option would be using WooCommerce as your front-end website builder because it allows you to easily create beautiful stores without having much programming knowledge at all! The only downside here? It costs less than $200 per month which might limit some potential customers' choices when searching through their shopping carts; however I think this could still turn out alright if done correctly."

Set up payment processing

To set up payment processing, you'll need to:

  • Set up a merchant account. Most online businesses use Stripe or PayPal as their payment processor. If you're just starting out and don't want to risk too much money on your first dropshipping business, then this is the option for you!
  • Get a business bank account. Having an actual checking account will make it easier for people who are buying from your store because they won't have any extra fees when paying with cash or plastic at checkout (e-commerce sites often charge customers a % fee). A good way of finding one is by asking around among friends/family members who have one already—they might know someone who has been successful using that particular service provider before! They also offer low monthly fees so there's no risk involved yet either since there aren’t any minimums required either."

Create and implement your marketing plan

A marketing plan is a comprehensive strategy that helps you understand how and when to market your products. It's important to create this plan before starting any dropshipping business because it will inform how and where you should spend money on advertising.

If you're not familiar with marketing plans, think about them as a road map for reaching your goals. The most important part of creating one is knowing what kind of product(s) or service(s) you want to offer—and then making sure it matches up with the target audience for each channel (social media, email marketing etc.).

The most important thing is to start somewhere.

The most important thing to remember is that you can't start a business without a plan. Your first step should be to make a list of everything you need to do, then figure out how much money it will take and how long it will take.

Once you have that information, use it as the basis for your plan: what are the first few steps? What's next after those initial steps? How long should each task take? Are there any things that can be done in parallel with other tasks (like writing an email)? If so, how many days/weeks/months does each one require before moving onto another step on your list?

The second most important thing is not being afraid of asking for help! There may be people out there who know more than we do about specific aspects of our project - from graphic designers and copywriters down through web designers all the way through programmers who could write code for us if necessary!


I hope this article has helped you get started on your journey to becoming a dropshipping entrepreneur. Just remember that there’s no one-size-fits-all business plan or template for building a successful dropshipping business. The best way to find what works for you is by doing your research and asking questions of other entrepreneurs in the space.