How to Make a Plan to Start an Online Business

An online business can be a lucrative way to start your own company and make money from home. Online businesses take planning and some understanding of online commerce, but are easier to start than traditional businesses in many ways. Here are a few guidelines on how to make a plan to start an online business.



Steps
1. Choose an idea or product

• Decide what you want to sell. Consider selling a product or service related to your current field of work, because the knowledge you've gained on the job will help you start your business. You can also explore areas of interest or aspects of daily life you want to improve or make easier.

2. Select a domain name.

• Choose a domain name that's simple and includes a reference to the industry or product you're marketing.
• Try typing related terms into search engines to see if a domain with that term is already in use. Use different combinations of terms until you find one that doesn't exist.

3. Register or purchase your domain name.

• You can register a domain name for an Internet business if it doesn't already exist. You also have the option of purchasing a domain name that has already been created, but is no longer in use.
• Be sure to verify that the domain is legally available for purchase before you invest money in the name.

4. Find a reliable web host.

• It's important to find a website host that offers reliable technical support, plenty of storage space and the server options you need for your site to function efficiently when you start an online company.
• Your hosting needs will vary depending on whether you need to run programs on your site or utilize a secure server. Explore all your options to find the hosting package that suits your business.

5. Design a user-friendly web page

• Create a website that effectively advertises your business and products that is easy to navigate and understand.
• Use a web page design service if you're unfamiliar with creating web pages from scratch. A design expert can help you design a site that looks legitimate and reputable.

6. Advertise on other sites.

• Link your online business to other sites related to your product, service or industry. This will start attracting attention to your online business and give potential clients information about the products you will be offering.
• Place free ads on social networking sites and professional networking pages. These networking sites are a way to attract retail consumers and industry professionals.

7. Consult a lawyer.

• Discuss your plans for an online company with a business attorney that specializes in online business. This should be done while your business is still in the planning stages to ensure that you're doing business legally and that your business investments are secure.
• Learn how to protect products that are patented or copyrighted, what laws and licenses apply to your type of business and whether you should incorporate your business.