So you’ve decided to have an online business. Before you start having those big cash flow dreams, stop and get some tips for having an online business. There are many internet information resources for doing this sort of thing. However, the basic tips for an online business are very close to those of a traditional business. Here are some basics:
Write a business plan and revise that plan periodically. Your business plan should be thought of as a living document. As with any business, you will initially find out what works and what does not work and will have to change your plan accordingly.
Be very careful about buying webspace and pre-packaged website templates for your business (the we will build your website people). You’ll find that down the road it will be difficult to change the site plus get source code to it. You are better off outsourcing the web design with a freelancer and purchasing your own domain and installing the site yourself.
Make sure you follow all security measures when running a site that accepts credit cards for purchases.
If you expect to receive a lot of phone calls, you may want to consider hiring an...
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