eCommerce Online Business
An eCommerce Online Business involves creating an online or virtual store front. Your eCommerce site will be open 24-7 and will continue to operate even when you are asleep.
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Accept Payments Online
If you are planning on incorporating e-Commerce as one of the methods of making money from your online business you are doing to have to consider whether or not to accept payments online and which mechanisms are the most appropriate for your business.
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What to consider when you are choosing keywords for your site, why keywords are important and what you should and should not do with them.
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eCommerce Shopping Cart Software
ecommerce shopping cart software - what is it and are you going to need it for your new online home business
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Although it was a lot more lucrative in days gone by, Adsense Income is still one of the first monetisation methods used by new online business owners.
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Running an Online Business From Home
If you are planning on running an online business from home, there are one or two things you should consider.
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Which Small Business Web Hosting is Right for You?
One of the first questions that will arise when you start the process of building your online business is which form of small business web hosting will you need?
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Do you know what people mean when they talk about setting smart goals? SMART is an acronym that describes the characteristics of good goals.
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Cash flow Statement Defined
a cash flow statement is a financial report that outlines the flow of cash in and out of a business over a fixed period of time.
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Income Statement Defined
Your Income Statement is one of the big 3 financial reports that you will generate to establish the profitability of your new business.
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Financial Planning and Analysis
One of the important steps developing a business model and starting a new business is the financial planning and analysis you need to do.
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Affiliate Marketing Leads
All you need to be a successful affiliate marketer is a lot of good quality (warm or hot) affiliate marketing leads.
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Business Financial Plan
Regardless of whether you are starting a new business or you are managing an existing one, having a well prepared and comprehensive business financial plan is vital.
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The eBizBAM Site Map
If you are not sure where to go next, check out my site map to find the topic you are looking for.
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Lead Generation Online Business
Another form on online home business is lead generation site designed to support an offline business or an affiliate or drop-shipping business.
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Performance Measure - What and How?
If you intend to start a business, developing a performance measure or two will help you to determine whether or not your business has been a success and indicate where you need to improve.
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Setting Goals and Objectives for Your Online Business
Setting goals and objectives for you online business is an important task whether you are starting a new online business or if you have an existing business that you want to grow and develop.
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Fixed Costs - What Are They?
Do you know what fixed costs are and how they impact on the method you use to set your prices?
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One method of pricing your goods and services is cost-plus pricing. Basically this means that you calculate what each product or service costs you to produce and then you add a margin for profit.
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Key Performance Indicator Milestones
The final section (other than any appendices) in your business plan is a section about key performance indicator milestones. This section details how you will measure success of the business.
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One of the most well known models used to undertake industry analysis is Porters Five Forces Model of Competition.
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Business Mission and Vision
Defining your business mission and vision are about defining your business and identifying the direction you want to do in with your new business, and it is more important than many people believe.
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Core Business Values
Your core business values are going to be a mix of your personal values and the values that you feel are important for operating your business.
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Choosing a Business Name
Choosing a business name is one of the legal or administrative tasks you will have to complete before you open your doors for business.
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Business Legal Structure
One of the steps in starting a new business is working out which business legal structure is the best option for you.
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Defining Your Unique Business Identity
Your unique business identity is the way in which you present yourself and your business to the public.
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Calculating the Contribution Margin
The contribution margin is the unit price for your product or service less the variable cost per unit and it is a very useful number to know and understand.
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Competitor Analysis - Who are Your Competitors?
Do you know who you will be competing against? Doing competitor analysis will give you a better understanding of the industry and the preference of your target market.
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Customer Analysis - Who Are Your Customers and What do They Want From You?
Customer analysis is a process of working out who your ideal or target customers are and determining what they want.
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Business Plan Format - Each Section Explained
Reviewing this simple business plan format with explanations of each section will help you to work out which sections you need to include when you are writing a business plan.
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Online Income Sources
The next step in evaluating the profit potential of your new online business is planning or identifying your online income sources.
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Calculating Your Sales Forecast
Calculating your sales forecast is a task you will have to do when you are assessing the feasibility of your new online home business and then again every time you develop a new budget.
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Pricing Decisions for New Online Businesses
Making Pricing Decisions is one of the critical activities when you are assessing the viability of your (new) online business.
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Definitions of Key Terms and Phrases
Check out this page for definitions if you are not sure about the meaning of some of the key terms and phrases used on the pages of this site.
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Identifying Your Operating Costs
Before you can calculate the profit potential of your business, you will have to identify all of your operating costs and classify them as either fixed or variable costs.
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Business Plan Mistakes - What Not to Do!
The business plan mistakes detailed below are very common in small business plans and any one of them could seriously damage your credibility with potential business partners or investors.
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Failing to plan is planning to fail. Sound familiar? When you consider the ridiculously high failure rather for small business, skipping business planning is a fatal.
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Profit Planning for Your New Business
Step 5 for starting a new business involves profit planning, basically you need to work out if the business model will generate enough income to cover your costs.
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Small Business Market Research
Conducting small business market research is one of those must do tasks that all would-be entrepreneurs undertake to determine the feasibility of their business model.
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SWOT Analysis - What it is and How to do it
SWOT Analysis is a really useful tool that you can use over the life cycle of your small business, whether you are investigating the feasibility of a business idea or searching for areas for growth.
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Online Business Models - Getting It Right
Once you have generated some ideas for your new business, you need to use those ideas to develop online business models. Only then can you determine which model will be the most viable business.
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Business Management Skills
Do you have all the business management skills you need to manage an online home business and if not, what do you need to do to acquire them?
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Generating Online Business Ideas
Some people, when they get bitten by the entrepreneurial bug, know exactly what they want to do. Many, many others though, struggle to pin down their ideal online business ideas.
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Advantages of Being Self Employed
There are some really great advantages of being self employed and that is why so many people attempt a small business start-up.
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Starting a New Business
Do you know all of the steps involved in starting a new business? If you want our new business to be successful it pays to go through each step carefully before you jump online.
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Network Marketing Online Home Business
Network Marketing is another type of online home business that is inexpensive to start that has the potential to generate a decent income.
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Affiliate Marketing Business
Another type of online home business is an affiliate marketing business.
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Content Marketing Online Business
One of the types of online home businesses that you can build with a minimal cash investment is a content marketing online business.
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Online Home Businesses - One Size Fits All?
What do Online Home Businesses actually look like? Are they all the same or are they just as unique as their creators are?
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