How to start a Web Business
Starting a website on blogger.com and owning a website business are two different things. When you start a business on the web it produces revenue for you and this is the essential factor that sets it apart from simply owning a website.
The first thing you need to do is to jot down a business plan. Quote your visions and set realistic goals. You also need to focus on the marketing techniques and the other ways of attaining your targets.
Then you need to have a business structure. There are 5 types of business structure. They are a) sole proprietorship b)c corporation c)subchapter s corporation d)limited liability corporation e)general partnership corporation
Have your own business checking account. Some business owners are tempted to have their personal checking accounts but this is definitely not advisable. This is because this means a commingling of funds and is despised by the IRS.
Pick up a domain name. This is the most essential step where you can either buy an existing domain name or you can create a brand new domain name.
The next step is to select a web host. This task might be quite cumbersome for beginners and easy for the ones who have sufficient knowledge in the area. A few of the most popular web hosting companies are listed-fatcow.com, inhost.com, justhost.com etc.
Building your website is the next step. Here you can either build it from the scratch which can be quite a handful or you can use the Site Build It (SBI) software. The beauty of the software is that you get the sophistication of a fully developed website right from the word go.
For real time transactions to be conducted you also need to accept credit cards with merchant accounts. There are 2 ways for it –setting up your own merchant account and using a free merchant account or a payment gateway.
Optimizing your website for search engines is the next step. This involves not only on your ability to optimize your website but also the area of market where you intend to operate. If the market is highly competitive you need to keep your short term ranking expectations in check. It might just be possible that it takes a lot of time before you actually get to see the results.
Advertising and marketing of your website is the final step to kick start the sales by increasing traffic.
The above instructions are just the outline of what you need to do. This is not an account of a detailed process.
