subject: How to Start Online Business on a Shoestring [print this page] How to Start Online Business on a Shoestring
Two of the easiest online business to get started without external funding is a business services (such as web design, web development, counseling or social media), or blog.
To keep this concise article, we will focus on how to start a business online service.
Here are 5 steps to do:
First of all, that is something already like to do, or may know a little what? For example, in my case, before starting PetoVera I had developed some law office oral surgery sites along with other free-lance projects small. I knew enough technical work, and had a general idea of what customers want. I also liked the creative way I got to work. It important that every idea is to try to make sure it is something you should do every day. By the way, if you are just chasing money, it is very likely to burn before with great success.
Get your customers before anything else. This second stage may seem counter intuitive, but trust me, it's the best way to go, and reduces the risk substantially. You do not need a logo, you will not need a website, and you do not need Office. The only thing you need to get the business going to be a paying customer. To find the first customer (or client), I suggest you pick up a mailing list their friends and acquaintances, and sends a notification that you have commenced operations and what the company will offer. Preferably, there is something concrete to show people such as samples of previous work, or is something more technical, perhaps a process diagram of how to produce value. In an e-mail I sent to start PetoVera, I've included some examples of websites visual recently I had planned. People are better able to digest and remember the ideas if they can be displayed.
Earn advance. This would also seem counter intuitive, but it is necessary to de-risk your business idea where to start. The explosion of the first e-mail I sent came back several replies saying that they were involved or who knew someone who was interested. One of the great customer projects, I got a result that allowed me to start a business, we began to discuss with the customer via e-mail, and then on the phone. I sent a possible model for the design, showing them a clear idea of what the new site might look like. Before I did this, although they certainly give them a price range and get them to tell me that the area would be acceptable. Creating the design mock-up has gone well to build trust and reduce the perceived risk for them. Once we have signed an agreement, and give us a deposit. Movement was officially opened!
Know your numbers from the beginning. How are you going to pay for itself or for a weekly salary or hourly? Do not be ridiculous this is, is, and just assume that whatever the company to pay the money because it is not! The company is a separate entity from you, so keep in good condition and I respect it. If you plan to hire help, know what they are going to be paid, and put your written consent. It should not be complicated and you do not need a lawyer. Keep it simple. Finally, by comparing these numbers, the income that you just imported and determine what your profit will be.
Reinvest and get all the essentials covered. Finally, take the profit you earn and put it to join the company. To do this, at first, because it will do 2 things: (1) you'll be able to open a bank account for business and (2) you get a legal shield to protect you from liability if something goes wrong (f. such a plaintiff you). Also reinvest your earnings to find good accountants who can help you keep track of your numbers and take care of your tax returns are done correctly. Other than that, reinvest in better business outcomes: to recruit and train more help if you can focus on work instead of the company have a website and designed a logo and business cards.
The game is done with little or no money (only the input of the time), you can start your online business. If you have questions or want more information checks PetoVera blog, leave a comment below, or e-mail me directly.
In case you do not have a list of email contacts, try to send or ask for Face book, LinkedIn, Twitter and Craigslist. There are many free ways to collect the first leads to a change in sales.
