Your Small Internet Startup
This is, without doubt, one of the lowest
cost, and highest profit, businesses on earth.
A recent study showed that internet
business startups had a much higher return on investment (ROI) than brick
and mortar businesses. The reason is easy to see: minimal
overhead, with very high profit potential.
In fact, all you really need is a computer and good
web host.
For a minimal investment of $299 you can
get the very top web host. You can pay more, if you insist, but you
won't get more.
I recommend SiteBuildIt because I use
it. There is, in fact, nothing on this website that I recommend that I
don't use myself.
I recommend SBI because it is so
customer-focused. Your success is their success. The SBI
business plan is to build a community of successful web sites, not to churn
sites over and over each year.
The site you are looking at is in the top
1% of all web sites. Yours can be, too. Take a look at the Results
page at SBI to see some of the top 1% sites.
That "results" orientation is
what makes creating your business plan so much easier. You're not
starting from scratch, reinventing the wheel. All the ground work has
already been done -- the templates, choosing the right topic, pinpointing
the right key words, structuring your site, constantly submitting your site
to search engines, easy blogging -- the list really goes on and
on.
AND no HTML is needed! (If you
already know FrontPage, or any of the other popular programs, you may, of
course, use it.)
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There's a lot of
research involved in creating a strong internet business
startup plan. Here's the
tool that will help you with that research. It's FREE and it's
especially valuable if your business has a web site component.
Click
here to find out more. |
Best
Business Plan for Your Internet Business Startup
Your demo of your new site has got to be
the best piece of business plan development you can do.
If you are planning to remain a solo
practitioner, perhaps as a work at home mom, odds are that you won't need
any outside financing at all at the beginning of your internet business
startup.
However, as your business grows, don't be
afraid to help it along. Sometimes employees or contractors can
accomplish a task much faster and more efficiently than you can. If
that task will result in higher revenue for your business, don't be shy
about borrowing for it.
And when you step into the bank, take a
written business plan with pertinent information. And also take a
portable computer so that you can demo your site.
Don't be surprised if your site is one of
the best small internet business startup sites that your banker has ever
seen.
Large
Internet Business Startup
You know, of course, that your biggest
hurdle is something you probably didn't do: the dotcom bust.
It can also be your strongest asset.
If indeed you were part of the dotcom bust,
put it right up front, and note a couple of the lessons you learned in the
process.
If you were not, note how you have used the
intervening time to learn all you can to make your internet business startup
a success.
The internet itself is so highly volatile
that business plans are pretty unreliable. Rather than trying to put
everything into black and white, rely on your ability to create and adapt to
the ever changing online world. A lender or investor will be much more
impressed with your personal abilities than with your great pie charts.
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of Internet Business Startup
Other Articles of Interest:
Financing
an Online Business: How One Musician Financed His Online Business.)
Creating
your Online Business Plan: The ultimate directory of online business
tools to make your website more successful.
SBA
Microloans. If all you need is a minimal loan, perhaps $2,000 to
$5,000, a Small Business Administration microloan may be your best answer.