Starting an Online Business

6 Reasons to Invest in an Amazon “FBA” Business

Are you looking to purchase a business in the near future? It may be time for you to get in on one of the biggest trends in business investing at the moment–buying Amazon FBA online businesses. If you haven’t heard of this growing business opportunity yet, you owe it to yourself to read on.

What Is an Amazon FBA Online Business? FBA stands for Fulfillment by Amazon. Basically, it’s a method of selling some type of product online at the Amazon online store. Merchants make their products available for customers to buy. Transactions are completed through Amazon’s secure shopping cart […]

Using Retirement Funds to Start an Online Business

The world of online business continues to grow, making plenty of opportunity for those with the right drive to achieve success and build a successful business. Unfortunately, it takes more than just passion and vision to start an online business; it also takes capital.

Although many online businesses are very profitable, obtaining financing to start one can be a challenge as financial institutions and investors often view them as risky endeavors due to the fact that they usually do not involve the type of tangible assets that can be used as collateral. That doesn’t mean that it’s not possible to […]

  • 5 Ways to Help Employees Drive Success With Your Online Business
    Permalink

    5 Ways to Help Employees Drive Success With Your Online Business

5 Ways to Help Employees Drive Success With Your Online Business

If you’re hoping to one day sell your online business for a profit, you need to achieve success, grow your startup, have a plan for the future at all times and constantly be focused on achieving your goals. Many online businesses begin as startups without any employees, but as businesses grow, the need to hire others to help you keep growing becomes important.

Going from being a solo entrepreneur running a small Internet business to being a business owner and a boss can be daunting. This is especially true if you’ve never been in management before. Many online business owners […]

Growing Trend in Entrepreneurships

When you think of the word “trend,” your mind likely turns to fashion, beauty, interior design and other creative fields where people tend to draws inspiration from similar sources, leading to the popularity of certain looks or styles. But trends aren’t just relegated to the world of consumer products; as economic conditions change, trends also emerge in the world of business, particularly in the area of entrepreneurship, where patterns emerge regarding who is starting businesses, what kinds of businesses they’re starting and how they’re getting them off the ground.

Those who keep up with the latest in entrepreneurship have noticed […]

Top 3 Business Industries for Online Start-Up Companies

You know that the Internet is booming, but did you realize that 20 percent of global economic growth is due to online businesses? Experts predict that the importance of online businesses in the overall global economy will only grow in the future, meaning that outlooks for many types of online businesses are good. Among the many types of online companies, there are some that stand out. Here is a look at three of the top online business industries:

1. E-commerce
What Is It?
E-Commerce is the selling of goods online. This can be done through a business website or through an online […]

5 Tips on How to Make More Effective Use of Social Media

If you do any kind of reading about marketing at all, you’re going to see tips about using social media as a part of your strategy. There’s a simple reason for that–social media marketing truly is becoming a necessity for businesses across all industries.

Many business owners are reluctant to believe this, though, because they’re stuck on two big myths about social media. If you’ve let either of these two beliefs keep you off of social media, it’s time to make a change and fast if you don’t want to lose out to your competitors:

1. “Only women are on social […]

Hot Startup Trends – Subscription Box Businesses

More and more people are considering starting an online business in hopes of becoming their own bosses and realizing their dreams of becoming entrepreneurs. While traditional Internet businesses like e-commerce stores and service-based businesses are still incredibly popular choices of start-ups, a newer type of online business is slowly gaining traction and attracting would-be business owners as well as investors. That online business model is the subscription box business, and if you’re toying with the idea of entering the online business world, it could be the right choice for you.

 
What Is a Subscription Box Business?
A subscription box business isn’t […]

4 Behaviors to Stop So Your Internet Business Can Grow

You want your Internet business to succeed and grow so that one day you can sell the online business at the best valuation possible. The last thing you want is to be making mistakes that are undermining your vision and detracting from your business in subtle ways, but this is very common problem from which many online businesses suffer. Taking some time for careful introspection and knowing what mistakes to look out for can help you to maximize the potential your business has for success and make your company as attractive as possible in the future to those looking […]

  • Online Business
    Permalink

    5 Ways to Help Employees Drive Success for your Online Business

5 Ways to Help Employees Drive Success for your Online Business

To help your online business succeed, you’ve hired talented people to assist you with achieving your goals. How you lead your team will ultimately determine whether or not each individual and the group as a whole reaches their true potential and helps to drive your business. Leading the right way now can help you grow a successful company, so that one day when it comes time to sell the online business you can get the best possible valuation.

Here are five ways that you can motivate and lead your employees, so that everything that they do will help to drive […]

Selling a Business in Just Nine Steps

Every Internet business is unique, but still, the sales process for any online company or e-commerce store is similar. No matter what type of business you’re hoping to sell, a qualified Internet business broker should guide you through the following eight steps:

1. Valuation – Prior to the execution of a listing agreement the broker will require specific financial and operational information on your business. Upon receiving that information the broker will then develop a valuation which will indicate a suggested listing price for your business. That valuation will be driven by the historical financial performance of your business, its […]

Making the Change from Offline to Online

In the second quarter of 2014, Internet sales in the U.S. were $75 billion, rising 4.9 percent over the first quarter of the year. With figures like that, it’s no wonder that so many people are saying that the Internet is where the money is. If you’ve been hearing that wisdom for years, it’s natural that you’d be curious about exactly what the prospects are for moving from owning an offline business to an online one or leaving your current job to enter the world of online business as your own boss. So what’s holding you back?

If you’re like […]

Top 8 Reasons to Become an Entrepreneur

When the daily grind begins to grind you down, do you find yourself heaving a wistful sigh and wishing you could leave it behind? Do you dream of firing your boss and going into business for yourself? Everyone in the working world entertains these types of fantasies at some point in their lives, but obviously, not everyone is cut out to actually take those steps to go it alone and begin or buy their own business.

So how can you be sure whether you actually possess that entrepreneurial spirit or if it just a passing flight of fancy? There is […]

Growing Revenue without Adding Overhead

You started your Internet business in hopes of growing and becoming profitable. Now, that you’re starting to achieve your goals, you want to continue maximizing growth, but you need to be careful to do so without increasing overhead. When it comes time to sell an online business, overhead can reduce the attractiveness of a company. By reducing overhead in smart ways that improve the efficiency of your Internet business in the years leading up to a sale, you can improve your financials and one day reap the benefits in terms of getting a lucrative selling price.
Here are six ways […]

Are Business Plans a Waste of Time?

When you read most of the literature about starting an online business, the conventional wisdom is always to begin by writing a business plan. You hear the advice that you must have a business plan to ensure success so many times that it can begin to feel like an unarguable truth about beginning your own company; however, the truth is that a business plan won’t keep your company from failing. In fact, all too often, people invest too much time in their business plans and wind up missing other important steps in the planning process.

 

Here are three things that […]

  • Online Regular Businesses
    Permalink

    Why some online “regular” businesses sell for huge premiums

Why some online “regular” businesses sell for huge premiums

When it comes to starting a successful online business, ordinary seems to be the way to go. In a struggling economy, it’s the everyday products and services— health and beauty products, sports and fitness products, IT and online marketing businesses, etc.—that outshine the novel ones.

In general, most online businesses usually sell for about 2.0 to 4.5 times the seller’s total discretionary income. But there is a certain section of the market—namely, businesses that provide common goods and services that command the higher range of these multiples. Why are these companies selling for so much? Here are a few reasons:

Wide […]