Starting your own internet business is not as daunting a task as most people seem to think it is. Internet sales around the world have increased over 1000% over the last six years, and will continue to keep rising as push button technology increases. Nearly one third of the world has home internet capability, and the youth of today
are brought up on computers for studies, general interest and for seeking out things that they wish to purchase, all this points to a future where the internet is more indispensable than oil. Internet based businesses are booming, and will continue to grow at alarming rates.
Starting a normal business has so many complications and overheads than an internet based business, such as expensive premises and refurbishment, then staff, shelving and the necessary security equipment like CCTV cameras, and then don’t forget the public liability insurance premiums. The stores are capable of serving only a limited customers at any one time. With an internet based business, the only real hardware needed to start one, is a computer, very simple and straight forward, starting your own internet business has much cheaper start up costs than any other, and the target marketing area of customers for an internet business, is the entire world.
Nearly all internet businesses come under three different titles, sales, services and information. These are the three main money makers over the internet, and each covers a multitude of different topics and items. Services
can cover companies which fix televisions or unblock drains, sales can cover anything which may be able to be bought in any shop in the world, and information can be the finding of a persons family tree to finding a missing will; all over the internet, and all make money.
To start an internet business, a person needs to know what they are going to sell or which service they are going to offer. Once this is understood, then a website will need to be created to display all that there is to offer, creating a website can be self taught, but this may take a while, and the free websites that are available on the internet, may not be suitable, a website builder will build your website for you, but will charge a monthly fee for updating the pages. Once your website is built and uploaded onto the internet, your new internet business has started.
Always remember that each country has separate rules and regulations for internet based businesses, and normal taxes and possible international taxes will still need to be paid, as will self employment contributions.