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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