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Online Business Guide

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Marc Said:

Planning to open a business in Bahrain and would like to meet some business people online who can guide me.?

We Answered:

Have you not heard. Britain is in freefall and heading for a massive recession. Not the best time to open a business here.

Kim Said:

fed up of online business. either they ask us to pay or they dont give us enough free business. please guide .

We Answered:

If you're fed up with online businesses, then don't do online. There are hundreds of legitimate opportunities, why limit your self to something that isn't working for you?
Also, an attitude change towards starting a business will help. You absolutely cannot expect to make lots of money without investing some. You don't have to spend thousands, but don't expect free either. On top of that, having a successful business requires personal dedication. Even businesses that allow you to do very little do not work if you are not willing to put time into making contacts and actually selling the product.

Marian Said:

How would I go about creating an online business?

We Answered:

I presume you started by thinking about your idea offline. An "online" idea is usually the same as any business idea in principle so I am guessing that you did the usual stuff like having an idea, a budget plan and thinking of your USP and so on. If not then do that first. In my experience, this is all about focus and understanding the risks that you are going to take. It is good to dream but you also need to plan for the reality.

If your idea is technology based then one of the things I would recommend is getting good technology advice. I wouldn't think of just getting some "techie" that you know. You need a genuinely insightful technological mind who can understand the world of business on your team. Why? Because the likelihood is that your business idea is likely to need a reality check for feasibility, costs and time taken to develop it into a live service/ business.

Online businesses have some very specific business dynamics which are incredibly important to grasp if you are going to make a successful business out of them. Think of having advantages in terms of having tiny manufacturing costs, almost free delivery and a global market. Disadvantages are that the world can bite back and improve upon your idea or out-market into oblivion. Think of Facebook and Friends Reunited. Betamax and VHS.

Plus your idea may not work as easily in practice as it does on paper. Stuff like an assumption of "and then I'll just charge them a fee" leads to "OK do you have a secure site? And what about a payment provider? And is it legal to store those credit card details?" Techies can do all this stuff but go look on a techie blog to see just how odd a bunch they all are.

As it happens our business does actively partner with people who have a business idea but no technical background. We provide the technical side but since I am not touting for work (see my other posts!) I'll just post my link. I just saw this and thought "interesting..."

Tara Said:

Which is the best site for doing online business?

We Answered:

We have so many site for doing online business where we get the entire details about the online business...They even guide to achieve how to increase the traffic in the site and the page rank which is very important in the online business...Once we achieved the customer satisfaction then we are sure that we can capture the market easily...

Salvador Said:

How do I Set up my own online business?

We Answered:

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. Also take a look at Entrepreneur's online guide. -- Entrepreneur's How to Start a Retail Business Guide -- Clothing Retailer Directory

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:

* Start Your Own Clothing Store (Entrepreneur Magazine's Start Up) by Entrepreneur Press
* Start and Run a Profitable Retail Business by Jim Dion, Ted Topping
* Retail Business Kit for Dummies by Rick Segel
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder
* So You Want To Own The Store: Secrets to Running a Successful Retail Operation by Mort Brown

There are plenty of free informational resources out there. Check out these articles:… – Building Retail Business without Financial Muscle by James Little… – Start a Small Retail Business with Multiple Sales Channels by Jacob Wren… – Retail Selling Strategies by Donny Lowy

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

Leslie Said:

If I run an online business, do I need to get a business license in California AND also register a dba?

We Answered:

If your online business is making more than $9,000 per year, or you plan it will this year, then yes you need to incorporate for tax purposes. Having a business license is good anyway, it will allow you to open a checking account in your businesses name, and buy products through wholesalers. To register you business and it's name your going to need forms that meet your state requirements. It's pretty easy to do and doesn't require a lawyer. You can download a kit or order a book that will include the forms and guide you through the entire process at the link below. Your Ad Here

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