INTRODUCTION
Starting your own business is a dream that many people have. However, few persons follow through on their impulses to start a business because they think that they don't have enough money to start a new venture. With the advent and development of Internet commerce, starting a business can now be done with little or no money. An online business needs a solid business plan. If you truly want your business to succeed, you will need to have a determination to make it succeed. It will not happen by itself. You will need to work and work hard. Read on to find out how.
Evaluate what skills, equipment and assets you have already that you can use to start a business. For example, if you have a computer, Internet access and writing skills then you can start up a freelance business with little or no money. Determine what type of business you want to start. Take into consideration your interests, your current skills, how much time you want to spend on your new business and what types of businesses you can handle. Research your business options; if you are interested in online businesses then you may want to look at the following options.
BUSINESS STARTUP OPTIONS
* Selling your handmade goods or services on your website
* Selling or resells items on an auction site such as eBay, Amazon etc
* Selling freelance or article write-ups
* Become a reseller of hosting, movies, e-book or software
* Become a virtual assistant to a company
* Join a home-based business such as: affiliate marketing, referral club, multi-level-marketing (MLM), Google adsense, online survey and many others…….
Whatever you decide to start as an online business, determine to yourself to do it well. Do your homework. Research the business in and out. Know what you are doing. When a customer or client asks you a question, you should know the answer. Become an expert in your field or craft.
THE BASICS IN STARTING A SMALL ONLINE BUSINESS
Step 1 WEBSITE/BLOG CREATION
Now that you know what kind of business you want to run, you should be ready to get a website. If you do not feel or know how to create a website on your own, hire someone good. You do not want it to appear incomplete, and if having a website is hard for you at this time, then go for a blog; what matters in an online business is the way and manner you gain traffic or clients to your business and not what tool. Make sure the person or company has experience with creating keyword rich content for you on your site/blog.
Step 2 SITE AND URL NAME
You will need to pick out a great url name for site or blog. The web address or URL is very important. It should consist of keywords that describe your business or your products. This will help people find you when they search for your product.
Step 3 MERCHANT ACCOUNT
You will next need a great way of accepting payments online. You can, by all means, allow your customers to send you a check as payment, but you need to setup a policy concerning holding the check until it clears, you can also use other e-payment systems.
Step 4 MARKETING FREE AND LOW COST
Once you are all setup, you will need to market. This is a crucial step in your business succeeding. After all, if no one knows about you, no one will buy from you.
Step 5 SOCIAL NETWORK
If you are tight on funds, start out by network marketing. Network marketing is free and very beneficial to your business. Go to forums, blogs, and social networks such as, Facebook.com, Bizstuffs.com, Ryze.com, Ning.com, and create your own profile on 360 at Yahoo.com.
Step 6 Join as many networks and neighborhoods as you can. Invite people to be your friend. Leave posts and comments. You will be able to leave your site or product information with URL in your comments or signature line.
Pay for some pay per click advertising like Google Adword. Watch this closely. It can drain your pocket book if you do not put a limit on the spending.
Step7 KEEP TRACK OF YOUR ROI (Return on Investment)
You should keep a spreadsheet of your spending verses your profit. Keep all your receipts.
Step 8 When you begin to make a profit put the profit back into marketing the business for a time. This will greatly pay off and you will be able to enjoy a much larger profit in due time.
Step 9 CUSTOMER SERVICE
Customer service is another vital aspect in having a successful and profitable business. It is key to have excellent customer service. A bad report can spread like wild fire. Treat your customers with genuine respect and kindness. Be courteous to them. Try to understand their point of view and their needs.
Slide 16
Starting your own business is a dream that many people have. However, few persons follow through on their impulses to start a business because they think that they don't have enough money to start a new venture. With the advent and development of Internet commerce, starting a business can now be done with little or no money. An online business needs a solid business plan. If you truly want your business to succeed, you will need to have a determination to make it succeed. It will not happen by itself. You will need to work and work hard. Read on to find out how.
Evaluate what skills, equipment and assets you have already that you can use to start a business. For example, if you have a computer, Internet access and writing skills then you can start up a freelance business with little or no money. Determine what type of business you want to start. Take into consideration your interests, your current skills, how much time you want to spend on your new business and what types of businesses you can handle. Research your business options; if you are interested in online businesses then you may want to look at the following options.
BUSINESS STARTUP OPTIONS
* Selling your handmade goods or services on your website
* Selling or resells items on an auction site such as eBay, Amazon etc
* Selling freelance or article write-ups
* Become a reseller of hosting, movies, e-book or software
* Become a virtual assistant to a company
* Join a home-based business such as: affiliate marketing, referral club, multi-level-marketing (MLM), Google adsense, online survey and many others…….
Whatever you decide to start as an online business, determine to yourself to do it well. Do your homework. Research the business in and out. Know what you are doing. When a customer or client asks you a question, you should know the answer. Become an expert in your field or craft.
THE BASICS IN STARTING A SMALL ONLINE BUSINESS
Step 1 WEBSITE/BLOG CREATION
Now that you know what kind of business you want to run, you should be ready to get a website. If you do not feel or know how to create a website on your own, hire someone good. You do not want it to appear incomplete, and if having a website is hard for you at this time, then go for a blog; what matters in an online business is the way and manner you gain traffic or clients to your business and not what tool. Make sure the person or company has experience with creating keyword rich content for you on your site/blog.
Step 2 SITE AND URL NAME
You will need to pick out a great url name for site or blog. The web address or URL is very important. It should consist of keywords that describe your business or your products. This will help people find you when they search for your product.
Step 3 MERCHANT ACCOUNT
You will next need a great way of accepting payments online. You can, by all means, allow your customers to send you a check as payment, but you need to setup a policy concerning holding the check until it clears, you can also use other e-payment systems.
Step 4 MARKETING FREE AND LOW COST
Once you are all setup, you will need to market. This is a crucial step in your business succeeding. After all, if no one knows about you, no one will buy from you.
Step 5 SOCIAL NETWORK
If you are tight on funds, start out by network marketing. Network marketing is free and very beneficial to your business. Go to forums, blogs, and social networks such as, Facebook.com, Bizstuffs.com, Ryze.com, Ning.com, and create your own profile on 360 at Yahoo.com.
Step 6 Join as many networks and neighborhoods as you can. Invite people to be your friend. Leave posts and comments. You will be able to leave your site or product information with URL in your comments or signature line.
Pay for some pay per click advertising like Google Adword. Watch this closely. It can drain your pocket book if you do not put a limit on the spending.
Step7 KEEP TRACK OF YOUR ROI (Return on Investment)
You should keep a spreadsheet of your spending verses your profit. Keep all your receipts.
Step 8 When you begin to make a profit put the profit back into marketing the business for a time. This will greatly pay off and you will be able to enjoy a much larger profit in due time.
Step 9 CUSTOMER SERVICE
Customer service is another vital aspect in having a successful and profitable business. It is key to have excellent customer service. A bad report can spread like wild fire. Treat your customers with genuine respect and kindness. Be courteous to them. Try to understand their point of view and their needs.
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