Online Business - 4136 Words

Introduction Are you planning to start your own business? A business that is easy to manage with a cheaper starting capital? A home-based business? As years passed by, many things are invented and improvised. And for this reason, we are already engaged in a high technology society. You look around, everyone knows how to use computers. And everybody will not allow not to have a cellphone. Did you know that your computer and cellphone can help you to earn money? Instead of just browsing your social networking sites,why dont you also conduct your own business at the same time? Background of the Study Online Business or Electronic Business (e-business) is a term used to described businesses that is run on the internet using a computer†¦show more content†¦c. Email and Website Account Set-Up d. Training in using your new computer and software Once youve bought your equipment, you are ready to plan, design and built your website. A well-planned and design website will make it easier for you to do business, not only with your costumers but also with your suppliers. You also need to let your current and potential costumers know about your new website. Ensure that you include your website details on all your promotional material. e. Internet connection (Broadband recommended) Internet- a network of computer that serves a clearing house for database around the world. f. Anti-virus program g. Email h. Zip program I. Productivity software j. Start-up capital k. Credit card l. Paypal Account (highly recommended) you can get a free account at PayPal. If you live in a country that PayPal doesnt allow,read this article for inspiration. m. Business checking account (highly recommended) n. Business registration (require vary-might be optional) o. Business entity such as an LLC (optional) In generally, you can probably start as a sole proprietor and decide later if you want to form an LLC. An LLC may help you from paying self employment taxes. It also can protect your personal assets. Consult with an attorney or tax account.. If you want to avoid paying an attorney to help with the paperwork,you can often do the cheapest directly through your state department. Like LegalZoom to be helpful shortcut. p. Accountant (optional)Show MoreRelatedBenefits Of A Online Business943 Words   |  4 Pagesin online business. There is no way you can make money online if you are not persistent. Training yourself to become persistent, despite all eventualities, is one important factor that you need to learn right from the day you venture into online business. It should be understood right from the start that making money online takes time. Do not be fooled by those scams who promise you heaven and who make you think that you can make thousands of dollars overnight. To benefit from online business, itRead MoreOnline Grocery Business10398 Words   |  42 PagesURL-http://www.idea-group.com IDEA GROUP PUBLISHING 16#%%# Building an Online Grocery Business: The Case of asda.com Irene Yousept, University of Newcastle upon Tyne Business School, UK Feng Li, University of Newcastle upon Tyne Business School, UK EXECUTIVE SUMMARY This paper uses the case of ASDA.com, ASDA’s home-shopping arm, to demonstrate the challenges in building and developing an online grocery business in the UK. To set the stage, the initial implementation and learning from phone/catalogueRead MoreStarting a Business Online Essay1252 Words   |  6 PagesAssignment One BUS 107 April 19, 2012 Professor â€Æ' 1. Identify the advantages and disadvantages of taking your small business online by performing a SWOT analysis 2-4 items in each category. The online business I am going to start is Earl’s Flowers Togo. We sell flowers arrangements and candies online and we have a brick and mortar store. One of our strengths is that we sell affordable high quality flower arrangements with name brand candy. We have a website that is very internet friendlyRead MoreStarting a Business Online Essay1161 Words   |  5 Pagesthe advantages and disadvantage of taking a small business online by performing a SWOT analysis. It will provide key issues that any company faces when it conducts international commerce that includes trust, culture, language, government, and infrastructure. The businesses that operate on the Web that extends a company’s reach beyond traditional boundaries. Second, it will attempt to explain the Web increases the speed and efficiency of business communications. Finally, it will look at the lawRead MoreStarting a Business Online Essay1570 Words   |  7 Pagessmall business online by performing a SWOT analysis. Include 2-4 items in each category. What is a SWOT analysis? It is an evaluation of strengths and weaknesses of a business unit and identification of opportunities presented by the markets of business units and threats posed by competitors. Strength, Weakness, Opportunities and Threats is what the letters of SWOT resemble (Schneider 2001 page 32).. Inside a business are where the strengths and weaknesses are found and what each business is capableRead MoreOnline Shopping And The Future Of All Business1936 Words   |  8 Pageswebsites like Amazon and eBay. Online shopping and the virtual store may be the future of all business. Online shoppers spent an estimated 126 billion in the U.S. alone in 2013. Seeing exponential growth in coming years, Many major retailers have already made efforts to set up online shops. Retail juggernauts like Walmart and Target have thrown their hats into the online arena with websites of their own. Many more entrepreneurs have begun creating entire businesses online. The reasons to takeRead MoreOnline Shopping And The Future Of All Business1867 Words   |  8 Pageswebsites like Amazon and eBay. Online shopping and the virtual store may be the future of all business. Online shoppers spent an estimated 126 billion in the U.S. alone in 2013. Seeing exponential growth in coming years, Many major retailers have already made efforts to set up online shops. Retail juggernauts like Walmart and Target have thrown their hats into the online arena with websites of their own. Many more entrepreneurs have begun creating entire businesses online. The reasons to takeRead MoreInfluence Of Social Media On Online Business2397 Words   |  10 Pages Abstract This research proposal is geared towards understanding the influence of social media in online business. With the growing number of social media such as Facebook and twitter, the nature of human purchase decision making has been changing. In light of this, there are companies that provide platform to sell and buy goods and services online. This particular research proposes ways to solve purchase decision using Facebook along with the already established mobile distribution technology offeredRead MoreStart An Online Business Is Finding The Right Product898 Words   |  4 PagesOne of the biggest challenges of starting an online business is finding the right products. For an online store to be profitable, it must have products that are in demand, but are not in an over-saturated market. In other words, it’s all about finding the right niche. Then, when you have found a great niche product, you need to be able to acquire your inventory at a low enough price so you can make a pr ofit. In short, the success of every online store depends on sourcing the right products at theRead MoreE Commerce And The Online Transaction Of Business Essay2308 Words   |  10 Pagese-commerce is â€Å"the online transaction of business, featuring linked computer systems of the vendor, host, and buyer. Electronic transactions involve the transfer of ownership or rights to use a good or service. Most people are familiar with business-to-consumer electronic business (B2C). Common illustrations include Amazon.com, llbean.com, CompUSA.com, travelocity.com, and hotels.com.† (Export.gov) E-commerce can be broken into four basic categories. An example of Business to Business (B2B) is manufacturers