Starting a business online is a little easier than a opening an office or setting up a storefront. You would still need an address for your business, and this could be at your home.
When I started my home business 7 years ago I was living in a rental duplex and decided to use this as my business address.
To get started you must decide on the of business you intend to operate. Your business should be in a field where you have prior knowledge; besides, how can you succeed in a business field where you have no knowledge?
Your business should solve a problem, provide useful products, services and information.
Once you have cleared those hurdles then you are ready for the next step, getting your business registered with your local business registration office. Before you can do this you must show proof that you are authorized to use that space to operate a business. If you are the owner of the property you intend to use to operate a business then you must bring into the business registration office a copy of your deed to prove you are the owner of that property.
If you are renting an apartment or house then you must also bring in a letter from the property owner stating that you have permission to use that property to operate a business.
Decide on a name for your business. Contact the IRS and request a tax ID number for your business name. Take all that information to your local business registration office. The first place to go is to the office to get your state tax ID number. Where I live they listed my federal tax ID number as my state tax ID number, so this means I would have only one tax ID number to remember. I am not certain if this will happen in the state where you live, but you would need both your federal and state tax ID number before you can apply for your business registration.
Once you pay your required fees and receive your business registration then you a legally registered business. Now you must take all your business registration documents and open a business bank account in the name of your business.
This will be necessary if you plan to sell products online. The next step would be to get your website set up and published online.
If you plan to sell products from your website then you would need to set up a merchant account. This is where your business bank account will be needed.
Do you want to know how to really make money on the internet forever?
All of those crazy money-making opportunities are nothing but fly-by-night fads, because there is nothing that can keep these opportunities working for the long term.
If you start a business then you want to be able to make money forever, not see your opportunity fade away and then find your self searching for another one.
Increase your sales and let your buyers know that you are legit
Every business that sells physical goods needs to set up themselves to show their buyers that they are legit and not a fly by night scammer. You do this setting your company to accept credit card payments from your buyers.
Keep this important thing in mind, the purpose of starting a business online should be to provide something useful, valuable and affordable to the general public, not to make money. People are not going to visit your website and buy from you because you need to make money. They will visit and buy because you have something to offer that will solve a problem, fill a specific need and provide something useful that they cannot find anywhere else.
If your objective is only to make money then you are wasting your time. Starting a blog in a niche market allows you to provide valuable information about important topics where you have experience. This attracts others with similar interest and makes you an expert in the search engines. If you do it right then the traffic you get your blog is free and continuous. Once you have built a regular following then you can generate a revenue from advertising related to your blog’s topic.
Don’t design a website just to make money, design a website to help people and you will automatically make money.