Archive for the ‘How-to’ Category
The internet has come a long way in the last few decades, and e-commerce has become big business; not just for mega corporations like Amazon.com, but also for the little guys, selling niche-market products in virtual stores that would never sustain themselves in the brick and mortar world. It’s this freedom and low overhead that allows the internet to be the most versatile and unique marketplace that’s ever existed, and there’s always room for more vendors. If this is you, but you don’t know where to start, here’s a few tips for the beginner looking to wade into the waters of e-commerce.
Establish Your Site
First thing’s first, you’ll need a website. Yes, you can launch your website with a tightly integrated e-commerce solution, but chances are, people will be reluctant to hand over their credit card information to a website they’ve never heard of. The best bet for a brand new site is to integrate an e-wallet solution while you establish your credibility. E-wallets are essentially a middle-man service where you (the seller) received money from an account that the buyer has setup with the e-wallet vendor. Popular e-wallet methods include Paypal and Google checkout. There are others, but if your goal is credibility, your best bet is to stick with these two.
Weigh Your E-commerce Options
Once you’ve established your name and your brand, it’s time to setup your own e-commerce solution on your website. You may ask why you would do this, since services like Google checkout and Paypal will gladly handle this for you; well, the main reason is that e-wallet services charge a pretty hefty commission (as high as 15% in many situations). The ideal situation is to handle your own billing (which will be essential if you plan to do high volume sales) but if you see yourself doing something more in the sub-$100k/month range, consider some of the e-commerce vendors that exist on the web. Recommending specific vendors is beyond the scope of this article, but look around, compare the fees, lookup user reviews and make sure, above all, that whoever you work with is trustworthy.
Read the full article at http://www.homebusinessbug.com/starting-an-ecommerce-home-business-10173/
Being a mom is a full time job, so if you’re a work at home mom, it’s really important to find the proper balance your primary and secondary jobs (and hopefully, you’ll see raising your children as the primary :).
This balancing act is one that takes time and experience to succeed in; there will often be the pull to chose between the work projects seeking your attention and your attention seeking children. While no amount of preparation can get you ready for all of the hurdles you’ll encounter as a work from home mom, here are some ways to practically set up your home office to maximize both your jobs, and hopefully avoid some of the push/pull with your children.
Have a desk that is clean, cleared and by a window. Your space is where focus and productivity needs to happen. To do this, keep it clean and clear of clutter.
This can happen by doing a quick sweep of garbage and papers at the end of your time working. It doesn’t matter whether your desk is an office desk, kitchen table or breakfast bar, but the importance of clutter free will help you focus when you sit down the next time to work.
Keep in mind the need for daylight — which also gives you a way to keep an eye on the kids when they play outside.
Read the full article at http://www.homebusinessbug.com/setting-up-a-work-at-home-mom-wahm-office-10170/
From angel investors to venture capitalists, these days there are plenty of ways to fund a business, but in the past, the most common and usually the only option was to get a loan from a bank. This may not seem as exciting as finding an angel investor to put up the money with little to no risk to you, but it definitely has it’s advantages (not the least of which is that the bank will not take a hefty founder\’s share of your company). So, you’ve decided that a bank loan is the best move for your new small business; but what\’s the best way to go about securing the loan you need? The best place to start is to get prepared for what banks are looking for when they draft a loan, and here\’s the top 3.
Read the full article at http://www.homebusinessbug.com/what-banks-look-for-when-offering-home-business-loans-10149/
As the recession of 2008 doesn’t seem to be bouncing back as fast as everyone had hoped, one thing that many people are noting is that now, more than ever, being an entrepreneur makes a lot of sense. And while home based businesses are becoming increasingly popular, there are still some additional steps that you should take to maximize your effectiveness and minimize your bottom line. The idea here is that while you’re immediately going to be able to run a lot leaner as a home based business, cutting down as much as possible within your home business will not only help you net the highest profits possible, but it could ultimately be the difference between your business failing or succeeding.
Read about three methods to saving money while growing your home business, http://www.homebusinessbug.com/learn-to-save-money-while-growing-your-home-business-10148/
When you’re getting your business off the ground, many entrepreneurs will run into the dilemma of either needed some positive cash flow, or needing an initial client base and quite often, the first place to turn will be friends and family. This can be a somewhat awkward proposition, since you’re using an existing relationship to further your business needs, but if done properly it doesn’t have to be awkward at all, and can even help bolster the relationship. However, if done improperly, the results can be catastrophic. Here’s a couple suggestions for how to approach this delicate subject with the people you care about the most.
Read the full article at http://www.homebusinessbug.com/how-to-ask-family-and-friends-for-money-10145/