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Ready, Start Online Business, Go!
You now are in a start online business mode. You have
determined that your online business ideas are feasible, that going after them
is right for you, and that you will be proud of yourself when you arrive
at Destination Success. How do
you get started?
The start online business mode in essence is the same as just
“starting any business.” Your
first step should be to review small business resources available locally. In
the USA I attended a seminar sponsored by our state university Small Business
Development Center (SBDC). Items covered included a local business start-up
checklist, a Small Business Tax Education Program (STEP) packet from the
Internal Revenue Service, local and state business guides and many other helpful
hints on starting business, including local access to many valuable resources.
In addition to the SBDC, most US cities have a SCORE (Service Corps of Retired
Executives)– a resource partner of the US Small Business Administration
(both start online business assistance and a link to the SBA are available at www.Score.org).
You should become familiar with the resources that are provided. Every
government entity has a vested interest in promoting business growth –
including providing resources for starting an online business.
Once you have determined the type of entity (sole
proprietor, partnership, corporation, etc) you may wish to be, you are ready to
get some professional help. I ended up going to a prestigious local law firm and
paid a lot of money for initial incorporation, setting up an S-chapter election
and the review of my proposed initial business agreement (I started my business
with a management training franchise). Today I would approach this differently
– especially in starting an online business. For many reasons I would want my
primary legal advice and support to come from professionals familiar with the
nuances of online business today.
Here is one example why. The US
Patent and Trademark Office is going through a complete transformation in
recognition of the growth of e-commerce. My understanding is that future
applications will have to be made online. It took me about two years to receive
final approval for the Best Managers trademark.
To get your trademark you need to have knowledgeable professionals representing your
interests.
Before you make any final decision about your legal
representation, check out the services offered at
MyCorporation.com.
You
will find the professionals there familiar with the legal nuances of starting
and conducting an online business as well as what you may encounter further down
your pathway to cyber success. Further, I think you will be very pleased at how
much you will save in start-up legal costs to complete your start online
business mode.
In addition to the specifics of
your business, you will
be doing any number of other traditional business activities such as setting up a
bank account, setting up credit lines, keeping records, paying your bills and
just generally managing your business. You will need to do all these things in a
professional, cost effective manner. Most importantly, you will need a good business
plan and clear business strategy. Where can you get help in these matters?
I earlier mentioned the public
resources that are available to those in the start online business mode. In
addition to them, excellent help is available online. Here are just some of the
topics you may wish to search for:
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Starting a Business
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Sales and Marketing
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Financial Management
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Personnel Management
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Internet Business
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General Management
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Personal Skills
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International Trade
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Inspirational Stuff
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Buying a Business
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Chris Malta's new book
Understanding the Internet for Home Business! is an excellent source.
Click Here
to get three free chapters of his new EBook. Just remember to come back here -- because I have a very important recommendation that you
should consider right now while you still are in your start online business mode.
Here are some additional
resources
highly recommended by Jeff Levine
and David Martin of Fortune Small
Business:
Small Business Kit for Dummies,
How To Prepare and Present a Business Plan,*
and
Where to Go When the Bank Says No.
Click here for a FREE
online course on how to start a business (website developed to help small
business owners in Los Angeles after the riots there).
Now for my recommendation. I
know that your online business will either need a new website or an upgrade to
the one you already have. Getting it right while you are in the start online
business mode is critical. Here's why.
Beyond the
many start online
business details covered above, you'll need a jump-start in the right direction to making sure your website will sell
your products/services right from the beginning. Here is the very best way to do
that:
Click here
to get a free trial version of Ken Evoy's acclaimed book on how to sell on the Internet -- it's the #1 guidebook to your
future business success.
After reviewing his book you should follow up with one of his free courses -- either the Affiliate or Service Sellers Masters. I have taken them both and consider them full of useful, concise and accurate information about what you really must know -- and do -- to use your website to sell your products/services. I know. I’ve tried just about everything out there and Ken’s words are right on target.
I hope to see you again soon at some of our other pages
Best of success in your start online business venture,
Richard Dowell, President,
Best Managers on the Net
We are a business
consulting, training and development company dedicated to helping good
managers and their companies prosper by reaching for the top.
*See
additional business plan resources here.
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