101 Online Business

If You Wants To Start An Online Business But Doesn't Know Where To Begin

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Business Planning for the Online Business Owner

Planning a business for the online business owner is not much different from planning a bricks and mortar business. The main differences are the choice of infrastructure. Online business owners are typically solopreneur who run their business from their home office employing contractors to fill in skill gaps. Every business owner who wants to plan their business first must gather information via research in order to create their mission and develop business goals.Once the mission is understood, and the goals are established, the next aspect of business planning to tackle is to create business strategies, and tactics that help you implement your business plan. Then for the rest of the business cycle it's important to monitor performance metrics in order to have a way to evaluate whether or not your business is succeeding. One thing interesting to note is that within an online business this cycle can repeat often, especially if you create information products or other products to …

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How to Set Up a Web Hosting Business

If you are planning to start your web hosting business, there is an easier way out without spending any money on the hardware/infrastructure. This business model is especially useful for small business owner with services related to IT, web designing, or creation, etc.What you can do is to purchase a reselling hosting plan to make money by offering hosting services to your clients. Typically, reseller hosting account comes with everything you need to sell hosting for your client. It usually take less than 5 clients to cover the cost you have pent in the reseller account. As a reseller, you collect 100% of the fee directly from your client, and you can also use your own brand name, prices, & hosting packages if you want.There are many web hosting companies that offer reselling account. If you are just started, I suggest you try out one from Hostgator. In term of affordable, support and quality, Hostgator is definitely one of the best in it's category.If you are looking for a …

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What is a Joint Venture?

According to Merriam-Webster.com “A joint venture is a partnership between two or more companies that work jointly for a specific period of time.“ For small businesses this can mean working with other businesses to purchase advertising in a local magazine. For a small handcrafter it could mean partnering with another crafter to save money at a craft show. Whichever way you choose to work with someone, you must first develop a strong relationship. You must also determine your goal for the partnership as well as the responsibilities of each partner.First, you need to develop a strong relationship with your future partner. You want to know all about their business and their business goals. What do they value? Do these values match yours? One way you can develop a relationship with potential partners is to participate in their blog, forum, and on social media.Once you determine that you are a good match you need to develop your relationship further. Start out small and work your …

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