Starting A Home Based Internet Business
You do not have to search all over town looking for real estate to get into business for yourself. You can start a home based internet business, provided you can offer a viable product or service, or take advantage of opening one of many available franchises. Your abilities, desire and financial resources can help determine the type of business and how long it may take to get it started.
When considering a home based business you need to determine the type of business you want to be involved with. You can sell other people’s products or services or sell your own product line if you have one. There are several companies offering services that you can resell and make a profit on if you find any of them useful.
You can also choose to sell a combination of products and services to take advantage of different aspects of the online shopping venture. While niche marketing and focusing on one product line has proven successful, so has being able to take advantage of different needs for different customer bases. Niche markets are more focused while a product mix reaches more of your targeted audience. You can also offer backend products, such as printer paper and ink to go with printers.
Working capital is a serious consideration in starting any internet business and probably the biggest expense will involve marketing your business. A good business plan can help you determine your target audience, which in turn will help determine where you will focus your marketing. This plan should be part of the overall business plan. Without a specific market to target, you could end up simply throwing money into the wind and hoping it falls where it will do the most good. This usually ends up wasting your money.
Sustaining growth is another planning process and depending on your product line can be a viable exercise. Every business that sells merchandise should plan to offer products that are considered disposable. Items that customers will need to replenish or replace when used to gain the possibility of repeat business. Some businesses, such as home mortgages, are only able to sell to the same customer once, or maybe twice so they are constantly on the lookout for ways of attracting new customers.
A business offering disposable items do not have to continually focus on new customers. Instead they need to focus on good customer service and quality products that can provide continued growth based on repeat shopping by the same customers. For example, if you sell digital cameras, it may be years between sales to the same customer. However, you can bolster your sales by also offering memory cards and printing services or supplies to bring in additional sales to existing customers.
Above all though, always keep your customers’ needs top priority. They will highly appreciate that and keep coming back to you as long as you provide good quality products and services.
Larry Bregman
http://www.articlesbase.com/home-business-articles/starting-a-home-based-internet-business-123597.html
Starting a home based internet business.?
I want to start up my own home based business using the internet but I am at a loss as to where I should start. Obviously I need to get a website created, register my business… but the most important part is where I am stuck. What product or service am I going to offer? I have absolutely no idea. Most people have something in mind and then go from there, for me I have nothing in mind but want to make the business. Any suggestions?
i am going to do scrapbooking online
how do you register your business?
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Oh my goodness…this is perfect for you!
I have a home-based online business and am absolutely thrilled. There was so much support and assistance with setting up my website and promotional tools and everything else in between! I really wanted to go this route in order to be home for my kids more and get tax write-offs, but had no idea how to go about it. I also didn’t know what to offer – I wanted it to be something there was a market for and that wouldn’t peter out.
Visit my informational webiste at http://www.123FullyFree.com
Good luck and I hope I hear from you!!
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What skills do you have that people will want to pay for? What type of products do you like that has a strong market? I am with a company that has high demand products and will provide you with your own website. You may want to consider starting with an established company until you build a customer base and some experience and then branch out on your own. Send me an email if you want more info on what I do.
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You’ve asked some very good questions and yes, it can be overwhelming if you’re trying to start something from scratch, not to mention expensive and labor intensive to set everything up and get going.
If this is something that you’re looking into doing, then start figuring out what the current market trend is, find something in that trend that excites you….something you’d really enjoy doing and start researching companies from there, you might find one that has already done all this leg work for you that you can get into quickly, easily with a very low start up cost.
Of course, you want to beware of that "get rich quick" and "pay us this amount of money and we’ll show you how" sort of thing. Run Forest run! You know that’s gotta be a bad deal.
If the companies that you’re looking into appear to be legitimate, check out what they’re offering you, see if that fits what you want and if it does, then look even harder – inside and out – at that company. Find out what kind of training and ongoing support they’ll offer you as well as that can be such a crucial point to your success.
Once you’re satisfied that everything is above board and you feel that it is what you want, then go for it! The trend is swinging very quickly to on-line home based businesses and it can be very lucrative as well as rewarding.
If you’d like more info, please visit my profile so that I can be of further assistance.
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Absolutley! I have an AWESOME home based business!!! you can work full or part time at this! Email me if you are serious!!!
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Use this basic checklist to make sure all the important steps are taken before you launch your new venture. This business checklist will make sure that you cross all your t’s and dot all your i’s before your business launch.
Steps to Starting a Business –
http://www.developer-resource.com/starting-a-business.htm
Other sites you might find helpful are:
SBA – http://www.sba.gov/
SCORE – http://www.score.org
Small Business Resource – http://www.small-business-software.net
Business Link – http://www.businesslink.gov.uk/bdotg/action/home
Goodluck!
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Hi,
If you would like help putting it all together, I can recommend a package by SBI. They offer a complete system to develop, launch, and market any Internet business- for a fraction of what one would expect.
SBI assumes you know nothing about building an online business) and provides everything – even ideas on what to sell/promote – for newbies without a product or service.
They also have lots of real, homey, honest communication on video clips from actual owners/users… you might like to check out…
All the best,
Joti
http://www.buildingbusinesstoday.com
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Are you serious about starting a home based business? then go here
http://www.myearnpro.com/jolly
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It depends on what you want. Do you want to have a home business like MLM or Network Marketing, or are you leaning into more of your own, one that will require and actual license and "official" paperwork and products and what-not.
If you’re looking into the MLM, Network Marketing, Internet Marketing home business, first look at the industry you want to be a part of (home decor, beauty, fruit juice, cosmetics, personal development, ebooks, etc), then take a look at their compensation model, then look at the initial investment and the amount of time that is required to work. Basically you got to have a checklist of what YOU want, then go from there.
Now if you’re looking to start from the ground-up, then that’s a different story. Obviously there is a whole process to obtain a license and if you’re doing food items then a license for that, you’ve got to register your business and the liking.
What I have to say is the most important thing is your mindset. You must have a postive and successful mindset. If you want to get rich and be successful you have to think like you are already rich and successful. Your mind will play tricks on you, my friend, and you’ll have your doubts, that’s why most home businesses fail from the get-go.
Hope this helps!
Don Downing
http://www.DonDowning.com
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Brainstorming is a great place to start. Don’t feel at a loss. What are your interests/passions? Is there a product or service that relates? There are many resources for good ideas and tips. One I like is http://www.entrepreneur.com/ebusiness/index.html
They have internet business ideas and tips. The web host that I use also has many examples and tips too. http://find.sitesell.com/UnstoppableDreams.html
I would be happy to help you brainstorm too if you’d like.
BEST WISHES!
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