Archive for the ‘online business’ Category

How much to start a small online retail business?

Please ONLY answer if you HAVE an online business. Basically, I just need to know what an average monthly price should be for a website that can support a business and have enough bandwidth without causing slow usage. Also, if you have any suggestions for where I should host my domain that would be great. Lastly, if you have started and online retail business please share some tips which could help my effort.

I run 5 websites (none in retail though). I can say that this is a hard question to answer. Clearly, overstock.com will cost more to run than joesglass.com. I personally use bluehost.com for hosting, so my monthly expense is under $10 for all 5 sites (non-retail though…). I see anywhere from 8k to 20k visitors monthly with no speed issues. You should probably look into some e-commerece software solutions like this:

http://smallbusiness.yahoo.com/ecommerce/

It looks like their starter package is about $40/month, and its scalable in case your business grows unexpectedly.

Cyber Law: A Legal Arsenal for Online Business

http://live.pirillo.com – I’ve met many people over the years, and one good friend I’ve kept in touch with is Attorney Brett Trout. Brett has written a new book: “Cyberlaw: A Legal Arsenal for Online Business”.

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Network Marketing Residual Income Online Business

http://www.JasonCardamone.com/Global_Domains_International/HouseholdIncome-1.html?t=ythatresidual
Create HUGE Residual Income, 100% Online. No Phone Calling. All Walks Of Life Can Succeed With This VERY Easy System. Come See Proof Of Over 1,550 Members In Only 10 Months. Anybody Can Do This Business! (I’ve already helped hundreds down the path to financial freedom…and soon to be thousands.)
I was put on this Earth to help others create financial freedom, as well as all other types of freedom.

Are YOU our team’s next success story?

http://www.StayHomeGetCash.com

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#1 Home Based Business in Australia

http://www.MakeYourMillion.com.au

What if you could take all the holidays you want, wherever you want on the spur of the moment pay off your mortgage in no time flat… send your kids to the best schools…update to a brand new car on a whim… surprise your family with generous gifts… own holiday homes in every part of the world and become the hero of your 5 favourite charities… All without breaking a sweat!

…And what if you could do all this while, working less than you ever have before…Following a Proven Step by Step Home Based Business System… Backed up by a dedicated training & support team…

All the while Developing the Mindset of a Millionaire… Meeting and working with some of the worlds most successful people… And Fine Tuning your own investment skills and strategies.

And Helping Other People Create The Life Of Their Dreams…

http://www.MakeYourMillion.com.au

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How to Start Your Own (Online) Business

$15k/month Start YOUR Business Online

Are you looking for an online business? Start your own business today and its absolutely FREE. Your own business online that will cost YOU $0.00 investment. Yes NO start up cost to you. Earn as much as $15,000 per month by just using your computer at anywhere in the world. Work from 2-4 hours per day, easy to do business online. Watch the video to know more.

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How do you start an online consignment business?

I have an idea for an online consignment store. I don’t have many items at this time, so there is no stock yet. What would you suggest as a starting point (besides getting the website set up)? And do you need a business license for an online business?

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box. These 4 sites should get you on your way in terms of what needs to be done (e.g. licenses, permits, taxes, etc.)

Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you’ll inevitably have as well as many you haven’t anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* Too Good to be Threw: The Complete Operations Manual for Resale & Consignment Shops by Kate Holmes
* A Common Sense Entrepreneurial Guide: How to Open & Run a Successful Consignment Shop [DOWNLOAD: PDF] by Nancy L. Nolan
* How to Start and Run an eBay Consignment Business by Skip McGrath
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

How to start online business? Do you have to register or pay before starting an online business? Is it free?

Do you need a business license to do business online? Or do you have to register or pay for a certain fee to start online business? And also, what are the steps to start begin an online business?

My suggestion is to do some research on the subject before starting. Check with your local Chamber of Commerce, the Secretary of State, the Small Business Administration. Read up on it — go to your local library, check Amazon, etc. Write a business plan — there are plenty of books available on this subject.

Prior to investing your time, money & effort into an online business name, it is strongly advised that comprehensive research be conducted to ensure that the name you’re interested in is truly available.

This entails searching the pending & registered Federal and State trademark files as well as the US National Common-Law files. Then, if clear, you can decide if you would like to file for a Federal or a State trademark.

Research is needed to make sure your trade name is legally available, before opening, before expansion, before incorporation or before designing your logo. Similarities in sound, appearance and meaning affect you too!

There are 16+ million trade names in use in the United States. Similar names matter, if close in sound, appearance or meaning. Similar names in related classes, distribution channels and customer matter too. You are affected by Common Law use (14 million), State Trademarks (500,000) and Federal Trademarks (2 million).

How do you legally start an online business or service?

I want to offer online classes in Religious Studies subjects after I graduate with my degree in Religious Studies. I would charge maybe $10 or $20 per person per class, and offer subjects such as: Introduction to World Religions, Learn to Read and Write Hebrew, Introduction to Judaism, Introduction to Ancient Religions, etc.

I myself took an online Taoism class like this, and really enjoyed it.

But how do you do this legally? Do you have to get a business license? How do you do taxes? What else do I need to know about starting an online business?

Thanks.

you might try to contact an established school and see if you can offer your course through them.
Barnes and Noble has a line of online courses where this might fit.

How Can Online (Business) Create Relief From The (Credit Crisis)?

http://www.HiddenBusinessStrategies.com
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How Can Online (Business) Create Relief From The (Credit Crisis)?
(Credit crisis) weakens relief for states’ student-loan programs …The financial (credit crisis) is squeezing student loan programs that offer breaks to borrowers who enter … “But I now owe over $100000 with no relief.”
Risky Times in Moscow: The (Credit Crisis) Hits Russia – SPIEGEL …8 Oct 2008 … The world (credit crisis) “doesn’t affect us at all,” says Tatiana … September pledges of more than $150 billion in relief and loans for
Despite (Credit Crisis), Businesses still plan to Grow | The Works .Despite (Credit Crisis), Businesses still plan to Grow. Written by Ric in Wednesday, October 8th 2008 under (Business) Finance. A source from the Institute of …
Credit Unions Need Red Tape Relief to Aid Small Businesses …
1 May 2008 … Credit Unions Need Red Tape Relief to Aid Small Businesses. CU’s making (business) loans … I am starting to see Texas credit unions make a
Relief for (business) as court rules agency workers can’t claim …
5 Feb 2008 … Relief for (business) as court rules agency workers can’t claim … The Slaughter and May dealmaker advising the Treasury on the (credit crisis)
How Can Online (Business) Create Relief From The (Credit Crisis)? …
Mortgage relief as bank rates set to fall – Times Online15 Nov 2007 … Unless the BoE predicted the credit crunch and Northern Rock crisis and didn’t bother telling anyone, it should shut up as its powers of
(Business) Report – Loan angels bring relief amid credit market pain
28 Aug 2008 … Online Shopping • Play Euro & UK Lotteries • Property Search • Residential Property … (Credit crisis) offers some pointers for ecocrunch
Surviving the online (credit crisis) fallout
21 Oct 2008 … Security outfit MessageLabs today warns that as the (credit crisis) worsens so there has been a …

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What % of revenue you spend on advertising for your online business?

I am new to selling online. If you own an online business, what % of income (from this online business) you would be using for online marketing? Is there a normal range — say 20-40% to keep the business running, and more than 80% to grow the business more aggressively?

Hi Teddy,

I don’t like very much the approach of focusing in "how much" before having a very good idea about "what", "to whom", "how", and "why".

The way I like doing this is:
1) I think about the target market (who do I want to send the message to?)
2) I think about ways to reach the target marketing: the media they use, the language they like, the keywords they use, etc.

Once I’ve defined the target public and the product, I can think about message options (what to say and how to say it). Each message option has its own cost and limitations and that is the point where I start thinking about budget.

As you see, each marketing action has its own cost and it doesn’t have much to do with your income. This situation is even worse at the very beginning when your income is expected to be lower.