If you’re just starting an internet business or you’re not quite sure exactly how or where to start, here are 10 top tips to get your online business started as you mean to go on.1. Find a way to make a living from your passion.If you can find a way to make a living from your passion, you’ll find the whole process easier and more enjoyable and, ultimately, more successful. You need a lot of time and energy to start and build a successful internet business and you’ll be much more inclined to fully immerse yourself in your work, if it involves doing what you love.2. Research your marketThis is absolutely necessary. Without adequate research, an expensive mistake is quite probable. Even if you are totally absorbed by your topic, others may not be. So, honest research is where you find out if there’s a market and people willing to buy from you.3. Always write a business planAlways have a plan. That’s the route to making a business from your passion. First of all you need to have a destination, a dream. Then, to start on the road to success, you need to thoroughly plan all the necessary steps to achieve your dream.Having a plan for your online business will focus your aim. You’ll find that, when times are difficult, it will reaffirm what you set out to achieve and will keep you on track.4. Plan your finances as wellYou also need a sound financial plan. The attractiveness of an online business, is often the minimal expenditure required, which means that many online businesses are started without any outside funding. But you still need to produce your financial plan to demonstrate to yourself that the business will be viable and, to give you targets to measure against.And, if you do need to seek external funding, a well thought out business plan will be essential.5. Be professional from the startBeing business like and professional from the start will confirm to others, and yourself, that you are serious about doing business and being a success.So as well as producing your business and financial plans, be prepared to organise business cards and stationery, a work phone, a business email address etc.6. Don’t expect your business to generate income immediatelyIt may be some time before your new business can pay its way. So, be realistic in your planning and, if you are already employed don’t give up your job and think you’ll get by somehow. That’s always difficult. Find a way to keep your job and build your business in your spare time, because that way, you’ll feel better knowing that you can pay the bills.7. Start finding customers and build a list before you start sellingWith a normal retail business, you create a product, produce your stock and then try to sell it. With an online business, however, you can reverse the process by creating a blog and using name capture to start building a mailing list of potential customers, before you’ve finished creating your product.8. Expect to include paid help in your planAlthough an online business can easily be run by one person, some things are easier done by a professional, like setting up a web site or tax and accounting. And if you’re planning on expanding, usually, you’ll need to free up your time by having someone author your articles. So, make sure to include these in your planning.9. Seek upfront advice on how to set up your businessFor a serious business proposition, one thing you’ll need at the beginning, is advice on the best business structure to suit you. Sole trader partnership, limited company, these all have benefits and limitations and, unless you’ve previous experience, it’s best to seek professional advice before launching your business. In the long run, it will prove money well spent.10. Know your goalsSometimes things seem to go wrong and it’s easy to get caught up in thinking “was this a such a good idea after all?” So, write down your goals, new house, car, holidays etc. and stick the list up in your office to remind you everyday, of why you’re doing this.Be confident and assured of your goals. Plan your work and work your plan. Include spending time with like minded and encouraging people.By following this process, even for a couple of days you’ll be amazed at how focused you become and the results that follow.
According to the recent statistics reported by Small Business Administration (SBA), about 51 percent small businesses survive in the first year, which means 49 percent fail. If you want to be among the successful percentage of online businesses the following 5 must-know tips for starting an online business would come in very handy.1. Get A Mentor – do not assume that you know it all, especially if you are running a very successful business offline. The virtual world is far, far different and requires many things to be unlearned and new ones learned. With an expert on board you will get more than tips for starting a business; you will get direction, day-to-day guidance and technical know-how. There are plenty of professional agencies and genuine business beginner’s courses (check reviews carefully before zeroing in on the best choice) that will teach you the ABC of launching and running a business.2. User Friendly Website -. This is one of the most important among these critical tips for starting an online business. You are starting a new shop and this, in the virtual world is your website. This shop should be attractive and easily navigable so the customer should be happy to enter, look through it. He should be able to see all that is offered before he makes a decision to buy anything. Your website thus, should extremely user-friendly. Design it in such a manner that at no point of time buying a service or product should require more than 3 clicks of the mouse. The user should be able to get or find what he wants in less than 7 seconds. For that is the average attention span of an Internet surfer.3. Search Engine Friendly Website – the tips for starting a business stresses search engine optimization. It is utmost important to have your website search engine optimized. This is done by adopting niche keywords and placing them strategically so the search engines read them correctly and rank your website page high on the search engine result pages. The higher the rank, the more visible your website; the more visible, the more traffic it would attract; the more traffic, the better prospects to get business and make profits.4. Get Traffic – the mother of all tips for starting a business is on how to get traffic to your website. Whether you are starting a new business or are running an established one, getting traffic will always be one of the top fueling factors for high profits. Without people visiting your shop what are the chances that they will buy anything? So, everything should be geared to enhance traffic to your website. This aspect you could outsource to a professional agency, use a mentor or take an Internet marketing course to learn the tricks of the trade yourself.5. Online marketing – another lifeline you need when you are starting a business is a powerful Internet marketing campaign. People who are surfing the Net should know that you exist and are offering some superb services or products. A properly run Internet marketing campaign will take care of almost everything that a successful business needs. This is why you need to direct a lot of effort and attention in this direction.There are many more tips for starting a business that would contribute to building the foundation of success when you are starting an online business; but these 5 are among the most important of all. Success is spelled among these 5 must-know, must-apply, must-follow tips.