Building Your Business Foundations – The Key Components Explained

So where do I start?

If you are new to internet marketing the whole process can seem a little overwhelming; however following a few simple rules will ensure that you get your business off to a flying start and enable you to feel more confident with your new business venture.

The basis of starting on your foundations is essentially to clarify what you need to achieve with your business; how are you going to set these foundations up? And an element you need to consider is how long will the process take?

There are many areas within your foundations that you need to look at; start by making a list of what you need as far as your business is concerned and work from there. Communication is essential for your business and it takes many forms. E Mail is an obvious one to look at first; you need to make sure that your e mail provider allows you to receive e mails into your in box. The last thing you need is for all your essential mail to be dropped into your spam box; you could miss out on information that is important to the running of your business. A lot of the top providers will offer free accounts and it is down to personal preference as to which one you choose.

You need to look at the financial aspect of your business; how are payments going to be made and how are these going to be set up within your business structure.

A working business bank account should be looked into as quickly as possible; this usually takes time to set up and as your payment processor will need the information in order to make payments into your account this is your first point of call. again it is personal preference as to which bank you use. Look for the best deals around that will save you money and give you the best benefits available.

Payment processors are an essential part of you business structure; this is what you will use so that your customers can make payments for the products and services that you offer. This will be linked up with your bank account; again make this a priority in setting up as these elements can take time to process.

Auto responders form the basis of your communication with your customer base; it allows you the freedom to communicate with a large audience and keep them up to date with all aspects of your business. This will be an essential part of your foundations; something that you need to spend time looking into to get the best for your business.

Domains; sounds obvious given that you are working on the internet, however this does take time to get right. Choosing the right domain name is important so that it will meet the criteria for your business and that the idea of your business name is available to you. Finding the right domain is part of the finer detail that you need to achieve; essentially a window into your business. Focus upon the elements that you wish to promote and work from there, opt for a good service provider that will meet all the needs you require. This can be in to form of a provider who will host your domain as well as providing other services such as auto responder integration, web design as well as training and support.

Although there are many areas to take into consideration when setting up your business you should treat all that you set out to achieve as a great learning curve; trust your abilities and do your research. There are many people out there who will give you all the advice that you need. Sometimes you just need to ask.

Online Business Foundation

With all the home-based businesses out there it can be difficult to find business opportunity that has
basic foundation that you need for a home based business that actually makes you money. Here are some of the basic foundations you need.

1) Start-up Cost: When looking for an online home based business for sale, this is so important. A good rule of thumb is around $2000.00 or less, anything much higher than this you might have to worry about people just getting your money and leaving you in the dust. Remember your starting a business, it will cost you money.

2) System: The business should have a proven system that works . This might be most important thing to look for. Anyone who a successful business has system in place that makes them money. No System= No Money

3)Training and Support: The online Business that you consider should have a training and support back office where members can go for support, and training. If your new to the online world, you’ll we need all training and support you can get, the internet is a big place, and you to make sure your energy is focus in the right place.

The internet is a great place to make a living, like anything your foundation is the most important thing.
So make sure you pick the right business for you.

Every second of the day is a chance to change your life!

Gold nugget= With any venture your attitude will the deciding factor in making it grow. There is reason why you see passionate people succeed!

Your Business Foundation – Where the Right Results Start

As a solo business owner, you are like one of those specialty performers: A plate spinner keeping a whole row of dishes on sticks whirling like tops. You get lots of things in motion at the same time, and then spend a lot of time and energy making sure everything keeps spinning.

If you are like most solopreneurs, your plates started spinning on Day 1 and you’ve been keeping them going ever since. You have had very little opportunity to step back and consider the strategic foundation upon which your business needs to stand. Unfortunately, this means that you are probably wasting a lot of your resources spinning the wrong plates; in other words, you are not making the progress that you should.

“What do you do?” So many of the solopreneurs I work with have a problem answering this question with elegance. They stutter and stammer, talk on and on, leave the listener confused and nodding politely. They find it hard to answer this question because they haven’t spent the time needed to lay the foundation for their businesses. Without this foundation business growth can’t reach the levels they seek.

Your business foundation also supports marketing and sales activities. A clear understanding of your target market and what you do to serve its members allows you to create on-target marketing messages and to sell offerings that fit their needs and objectives. If you aren’t clear on the foundational elements of your business, you risk overspending, putting energy in the wrong places, and having the sensation of wheel spinning.

As soon as possible, sit down at your computer or with a pen and paper and go through these three exercises:

  • Fine tune your target market. This may be counterintuitive – as solo business owners, we should spread our nets wide, right? Wrong. The more specific you are in defining your target market, the more focused and effective your sales sphere and marketing will be.
  • Walk in your customers’ shoes. What keeps them up at night? What challenges or obstacles do they face that you can help them with? What are their goals and objectives? What are the right results that they need to produce?
  • List the benefits customers get from working with you. What issues, challenges, or problems do you help them solve? What goals or objectives do you help them achieve? Be specific; the more specific you can be with this list, the better focused your marketing message will be.

The results of these exercises will give you the “raw material” you need to create the right offerings and build the right marketing program for your market. The sooner you stand back from those spinning plates, the sooner you can get rid of the ones that you don’t need.