Work From Home and Start an Online Business – Where Do You Begin? | moneymandanet.ga

The internet connects people from all over the globe, with many wishing to work from home and wondering if you should take the plunge and start an online business. After all at first glance it should be easy especially when you see so many testimonials on so many web sites, that sell work form home packages, followed by the usual start an online business and fire your boss nonsense.If you have taken the leap and decided to work from home and start an online business there are many things you will need to have in place. As with any business including a work from home business you need to give careful consideration to a multitude of questions. Now let’s assume that if you are reading this far you have made a conscious decision to look into the possibility that you want to start an online business, at least in your mind you have.Where do you go from here, what kind of web site should you go for, should it be Blogging site? There are many people that work from home with the aid a blogging site. You would need to keep it current with up to date content and over time grow a fan base that returns on a regular basis.If a blogging site is not what you are after then you could consider the ever popular affiliate marketing type of site, where you sell other companies products and you receive a commission on each item sold, so you basically act as the middleman. This is a highly popular type of site for anyone wanting to work from home and looking to start an online business.


If you want to start an online business that is of a more traditional nature then an online shop maybe what you are after, selling your own products online. Perhaps you can offer a service that you are competent in to buyers looking for that service. Offering a service can sound daunting but it can be anything from writing an article relating to a topic that your potential client asks for to designing a website for an individual.When you are looking to start your online business you must give serious consideration to which niche you want to break into. What is a niche you may ask, well for example, health is a niche, web design is a niche or sports would be considered as a niche. You need to give serious consideration to which niche market you intend to enter. Are you knowledgeable in that particular area, what can you bring that others don’t bring already. What would make you stand out from the rest, and most importantly who are the target audience and what competition am you going to come up against if you decide to enter this niche market.Now a few key points that without doubt you must take into consideration before you start an online business and work from home.• If you are currently employed, then start an online business as a part time venture for now. Once you see you are moving in the right direction then and only then should you consider that your original aim is to work from home. Remember it is an extremely low percentage of people that would leave a perfectly good paying position, providing a monthly income, to start an online business. Only those that already have financial security should consider leaving their employment in the initial phase.• How do I design a website or should I buy one? If you intend to designing a website when you start an online business, do you have what it takes, if you don’t know, then that probably tells you the answer already, buy a low cost website temple to get you started.• Once you have a website where is it in reality, how do I get it on the internet? You need to have a hosting package basically this is where your website will sit on the internet. There are many hosting providers out there so make sure you look around for the best offers available before you make a decision.• How do you intend to earn cash from your web site, will it be primarily from the goods or service that you sell? In all cases you should always consider secondary streams of income from you site. Things such as opening a Google AdSense account, once you have one, you can place advertisements on your site from Google. You are paid a fee each time some one visiting you site and clicks on one of these advertisements. You can also join an affiliate programme and have a sprinkling of products that relate to you website topic. When a visitor clicks on one of the affiliate links on your site then goes on to purchase the item you are given a commission for each sale.• Now this is one of the most import questions you need to be asking yourself how you intend to drive traffic (customers) to your site. When start an online business you must never forget no matter how nice your website looks, customers need to be able to find it.


• Here to get you started are one or two ways to drive that all essential traffic to your site, build a list, write articles and submit then to articles sites with a link in your article back to your website domain. When you buy a domain name (your website name) try hard to get a domain name that relates to the product or service you provide. Make sure your articles are of unique content and have keywords relating to what your website is about. Get one way links to your site from other websites, for example you must have come across a site where you can leave a comment on an article or blog, it also asks for your name and lets you leave your website name. If the owner likes your comment then it will be published on their site giving (in most cases but not all) a link back to your site.Remember when you want to work from home and start an online business there are many questions that need answered. If you would like a more detailed explanation then click on our link below for our beginners course including training videos, covering all aspects you will need to know to get up and running.Thank you for taking the time to read our article on how to start an online business.

7 Ways to Expand Your Online Business | moneymandanet.ga

So you just started your online business, congratulations! But you’re not yet sure of how to expand them. Here are 7 ways to help you. Read and be motivated!1. Consider opening another location. This may not be a great choice for expanding internet business. But according to business consultant and writer Frances McGukin, opening another location for your online business is just the same thing as traditional business. Moreover, McGukin recommends online-based business owners to:
Look closely at the trends (both consumer and economic-based) to indicate the staying power of your business.
Ensure that the management team (including its administrative systems) is extraordinary in setting a location before keeping it running.
Maintain the “bottom-line” profits that have been steady for the first 2 – 3 years of the business.
Determine how and where you’ll obtain your finances.
Set up a separate business plan for the new location.


2. License your offers. This may be a low-cost medium for many online businesses. According to Larry Bennett, head director of the International Center for Entrepreneurship Studies at Johnson & Wales University, these businesses can receive upfront royalties and dues from consistent sales or software use through licensing. This helps control the risks of losing product or service control.3. Sign a government contract. Rep. Nydia Velazquez of the Democratic Party wrote in her August 2003 article the importance of getting the approval of the federal government in expanding an online-based business. Coordinate with your local SDBC and SBA offices before signing a government contract. The US Chamber of Commerce offers a special matchmaking program for small or online-based entrepreneurs.4. Target other people. Your present market is serving you well, and that’s understandable. But McGukin suggests that having multiple markets is an advantage in expanding your business online. Think about it! If your market ranges from young adults to professionals, chances are you’ll be able to earn over hundreds (or even thousands) of bucks and make a name in the online business realm. Sponsor speaking events, entrepreneurship programs and other offerings that can generate a multitude of revenue streams to your business.5. Place your business website in search engines. According to SEO expert Sally Falkow, 85% of traffic comes from Google and Yahoo. Falkow adds that as of June 2011, about five billion business and traffic doubles every 200 days, making the visibility of these sites crucial to the needs of people.


6. Expand your business globally. FatWire is among the few online-based businesses that successfully expanded its services to over 60 countries. Since then, the company has already established offices in Italy, France, Holland, Spain, United Kingdom, Singapore, Japan and China. To expand the business outside of your country, you need a foreign distributor who will carry the inventory of your product or service to resell them in your target domestic markets.7. Merge with other online businesses. It’s an advantage if the business you chose to join forces with is also up for expansion.