How To Start A Simple Online Business |

I want to show you how you can start a simple business online. Before we get down to it though allow me to ‘manage your expectation’. You will be able to start a business. It will be online (Internet based). You will put a product up for sale online and when a purchase is made, you will receive payment and you will fulfill the order sending the product to the purchaser. That is a simple online business. If you are already doing it (not just I know how to do it) then move on to a better question. We can deal with other questions related to an online business but for now let’s start a simple online business and let’s not be distracted by the many questions that you now have.Your mission, should you accept it, is to put up a product for sale on eBay. Before you protest, take this as just your first online business. At the end of the exercise, you would have gathered and assembled the basic tools needed for an online business and would have the basics for enhancing or creating new businesses on other platforms.You will need a place to host or set up your store and in our case we will use eBay. You will also need a way to get paid for the sales that you make and for this you will need a PayPal account. Registering for both of these is easy and free. When you have completed these registrations, you will be able to purchase anything listed on eBay and to pay for most online purchases including eBay purchases with your PayPal account.

These accounts will enable you to accomplish the next step which is to sell on eBay and to receive funds for these sales through PayPal.Step 1: Create an eBay account.An eBay account allows you to both make purchases on eBay as well as to place products on sale at eBay. To open an account with eBay simply go online to the eBay home page and follow instructions there. You will see the Registration Link near the top of the page which says “Welcome! Sign in or register”. Click on “register” and make your application for your eBay account.Besides personal data required, you will need a user name. Pick a user name which is generic (ie not too specific) with some care, one which is short and unique, one which allows you to list just about anything. Do this first before you complete the rest of the form. Try EZ2.TRADE.UK (for example) for a start and you will soon get the hang of it.Congratulation, you can now list and sell on eBay.Step 2: Create a PayPal account.A PayPal account allows you to make payment where ever PayPal is accepted. You can also accept payment from anyone as long as he has a credit card or a PayPal account. To register for a PayPal account, you will need to have a credit card to facilitate payment between you and your PayPal account.Register online at PayPal. Choose an account type that allows you to sell online and receive payments. Having a PayPal account is free, you pay a fee only when you receive payments. You will need to graduate to a premium or business account to receive funds online, do what it takes to get to this level. Its all free, PayPal charges you only when you are receiving funds.Step 3: Sell an item on your newly created eBay account.You can now list your own product on your eBay shop. You can also duplicate any product on eBay that you are prepared to sell. At this stage, the objective is to create your online business machine with at least one product listed.For a ready to go product check out the eBay store of that is listed in eBay Singapore (ie Once you know the user name of the store owner (in this case you can locate the store by appending the user name to the URL

The pH test strips at is an easy to ship product suited for the eBay market place. If you do make a sale using this listing, simply buy the test strip off the store and ask the owner to ship product to your buyer. If you are listing your own product, choose an item that is light (say up to 300gm) and easy to ship by the postal serviceNote: while you can list on eBay at little or no cost, there is a charge by PayPal who will charge a fix cost and a percentage on the transaction amount. Make sure you factor this in to your costs.You now have a simple online business. If you do make a sale from the listing of pH paper, simply purchase the same item from and provide them with the buyer’s address for the drop shipment.This is only a simple start, but you now have an online business and with your learning curve kicking in, you will begin to see new possibilities in simple online businesses.

Online Investment Portfolio – Online Businesses That You Can Invest In |

Investing money can be a scary time. It’s hard enough with established companies like Home Depot, Amazon, and Walmart, which have all seen their share of struggles on the stock exchange. Why should you even consider taking a chance on other online businesses? While you may have some good reasons to be panicked about the investing landscape, you shouldn’t let it stop you from exploring companies that are making wise use of the web and using it to grow their customer base and revenue. Online businesses make more sense as part of your investment portfolio in today’s climate than the brick and mortar companies do. How so? Consider the following:Online businesses have less overhead.

While brick and mortar stores are rushing around doing everything in their power to cut expenses in a vain attempt at keeping profitability alive, online businesses are able to show high profit margins without the fear of job loss and costly cuts. Without a massive physical facility, a huge part of the business expense is eliminated straightaway. And the best thing is, technology costs continue to fall with each passing year. As it gets cheaper to exist online, it will become cheaper to do business there as well.Online businesses are progressive.Those, who build their business model on an online platform, understand that technologies change at a rapid rate, and the good ones are able to adapt to these technologies while staying profitable or even increasing profitability. With brick and mortar facilities that are still firmly committed to their physical locations and ledger sheets full of employees, it’s not possible to make the rapid changes that are often needed to stay profitable. By investing in online businesses, you can be at the forefront of these changes, and you can avoid the slowly sinking ship mentality that drives so many established brick and mortar businesses.Online businesses market more effectively.The online business owner understands that in order to wring out the most profits from the business, the best thing they can do is use the power of the web to seek and find new clients or customers. The cost of doing business online is much lower than it ever has been. While many other businesses are bloated with marketing employees and budgets that do little good to produce profits, more and more online businesses are making use of programming wizardry and social media to connect for pennies on the dollar compared to the “real world” competition.

As you seek out businesses to invest in for your portfolio, you must continue to realize that the World Wide Web is the future of almost every successful business. Put it to use for you and your portfolio today.