Your Questions About Doing Business Online World

Jere answers:

If you want to work online from your computer at home, you are probably going to have to do it as a business owner, rather than as an employee. There are no online work-at-home “jobs”.

When you apply for a job offline, in the bricks and mortar world, do you have to pay anything? Of course not. It should be the same in the online world. If you are asked to pay any money, at best, it is a business opportunity, but more likely it is just a scam.

Be very careful that you don’t get scammed.

I do affiliate marketing online. I’ve been doing it for a year and I’m getting ready to quit my regular job, as I am now making over $10k per month. It takes dedicated work, at minimum a small amount of initial working capital, decent organizational skills, and persistence, but you can make a living at it if you stick with it.

But that is a business. And businesses require lots of work.

If you want something easy, with no investment, you could probably make $500 to $1000 per month getting paid by companies to write postings on blogs about their products. That’s about the only legitimate way that I know of to earn money online without any investment.

Good luck to you.

Jere answers:

You can find plenty on Rip-off report on Doba and Simplx. While Simplex has little value to your business….Doba is a simple approach which lets them be the middle man and hide the true supplier sources. They can mark up the prices, shipping, and fees and then you sell products for them and they order them from the suppliers. WWB is great, but it is not a drop ship company…it is a directory of companies that you can use. Using middle man companies like Simpx and Doba can REALLY hurt your profits…see this tool to see how:
http://www.inventorysource.com/index.php/middleman_calculator.html

You can look at WWB but if you dont have the $300 just create a free account at Inventory Source. They have many of the same suppliers that Doba uses…but because you can work with them directly you have room to make a profit and run your business the way you need….plus IS has data service support and can load your products and images and apply updates to almost any cart platform like Yahoo Stores, eBay ProStores, osCommerce, Magento, CRE Loaded, and more.

Jere answers:

Set up a website and take payment through www.paypal.com
I would recommend you start with eBay and sell items on that before you tackle the online world. Good luck

Jere answers:

I have a friend who lives and owns a business in Mexico who was doing some wire transfers while she was here on vacation. She used the bank Wachovia (east coast bank) they didn’t charge a % just a flat $12 fee per transaction.

Jere answers:

1 )Start with your idea. This probably isn’t a brand new invention or product. In fact, many successful small businesses have found a way to deliver an existing service or product more efficiently and economically or have customized an existing product or service to fit an opportunity.
Ads by Google
2) Incorporate- 3 Easy Steps (1) Sign Up (2) Fill in online form (3) Launch your new corporation.
Put together a business plan. : This doesn’t require hundreds of pages with thousands of charts. Include research into things like how much you can charge for your product/service, how much it will cost to produce or deliver (include variable & fixed costs), and the size of your potential market (i.e. Number of customers). The plan should evaluate your competitors – how many competitors, how strong are they, where are they, how will you compete. The plan should state what is required to enter this market, barriers to entry such as high fixed costs (factories, restaurants) and government regulations that must be met.
3)Determine if you need financing. Your business plan will include a section on financing. How will you pay the costs to start and run your business? Do you need a bank loan? Use credit cards? Self finance? Also, you’ll need to consider how much salary you need to support yourself while starting your business.
4) Put together your initial marketing plan. Marketing need not cost a fortune. Some businesses require very little. For example, many service businesses such as accounting firms build their practices through word-of-mouth referrals. You can also join free or low-cost associations to build awareness of your small business. Again, your business plan (product, customer, competitor) will help you determine the marketing efforts you need to undertake.
5) Build your infrastructure early. This doesn’t mean build a big factory or a fancy office. It simply means keep accurate customer records, a clean set of updated books and a technology foundation, if necessary. One of the downfalls of many small businesses is that they don’t know if they’re making or losing money (i.e. The need for a clean set of books). Another downfall is when small business owners try to sell their company years later but lack accurate customer history and customer information. Many times, the customers of a small business are its best asset, and, without the records, the small business can be sold only for salvage.
6) Move forward and get started. Once you know you can be profitable take the leap and get started. Besides getting business supplies or advertising, plan ahead by establishing some new business clients ahead of time. If you’re business is unlike a restaurant, that physically needs to wait for customers to walk into it’s doors, establish accounts ahead of time. In this way, you will have pre-planned future receivables to look forward to. Think about and focus on making money first, where ever possible, instead of spending money. The more money you can bring in, without spending money, the more profitable you are going to be.
7) Use the web. Use every technology available that will give your business a competitive advantage. The internet is a customers research tool. Help future customers learn more about you and the details about what you sell and why your products or services are different and better for them than other competitors.
8) Make paying for your items or service convenient. In today’s world, understand how people pay. Carrying cash can be risky. Therefore, most people choose to carry Visa, Mastercard, American Express and Discover. All these credit cards are part of our societies everyday life for making purchases. Debit cards are becoming especially popular. So, along with having a sales counter cash register, get set up to accept credit cards for your business. If you have your website set up, you should also make paypal payments available because most consumers feel that this is more secure, and many will use paypal.
9) Purchase a new electronic credit card machine. These are now very affordable and available at wholesale prices for about $147. Be sure to look for a wholesale supplier, not a retail seller such as a bank. Banks usually charge higher prices or rent it to you, and you may pay for it many times over. The same credit machine supplier will more than likely be able to offer you credit machine service too. This monthly cost is about $10. By doing this you’ll be able to get equipment for less then the price of most cell phones. More importantly, you can offer your customers an easy way to accept credit cards. The goal is to help customers self-finance their purchases when they don’t or can’t use cash