Leading Edge Tips, Tools & Tactics for Your Online Business...
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I was at the Niche Affiliate Marketing Workshop 7 in Atlanta last February (by the way click here to join us at NAMS #8 coming right up August 3rd-6th in Atlanta), it’s an incredible event and one I highly recommend for anyone with an online business, it’s not just for affiliate marketers. Anyway I digress, [...]
Why Is It Essential To Keep A Profit & Loss Statement For Your Business? Well it really does give an accurate picture of your most profitable revenue stream and identifies where expenses are support that or can maybe be reduced to increase overall profitability. An accurate Profit & Loss Statement will help you with tax [...]
Get Creative with Small Business Financing Whenever I’m asked about financing a small business and especially about capital raising to buy an online business, I can’t help but think of the well known saying “A Banker is a man who will loan you a Brolly (umbrella) when the sun is shining, but he’ll ask for [...]
Part Trois… I started two days ago evangelizing the importance of getting all your ‘ducks in line’ so you can sell your business if you want to and so you can be sure you maximize profits while you own it and if you don’t (want to sell that is). If you just arrived here now, [...]
Part Deux… Yesterday I started this series with a post talking about putting your business ‘ducks in line’ right when you start or even if you already own your business, regardless if you ever plan sell or not – it just makes good business sense. Having these little fellows toe-the-line just makes good business sense [...]
So often I hear people say “I don’t think of my website as a business because it’s not making any (or enough) money yet” or maybe it’s something that started out as a hobby and has started turning a bit of a profit for them. My take on this is, if you’ve put up a [...]
Unless you’ve been living under a rock for the last 5-10 years you must have heard of the trend toward outsourcing. It’s a great way to be sure you take care of all aspects of your online business effectively and efficiently. The problem for most of us is that no matter how talented we are [...]
Why start an online business rather than a traditional business? That might have been a valid question ten, maybe fifteen years ago, but I believe the question today has become why would anyone start anything BUT an online business? Read on to learn more about the many advantages of online business, some obvious and some [...]
One of the most common questions I get asked when people are looking to buy an online business is “What are the things I should be looking at or asking about before I buy?” Well, of course, the complete answer is going to be different for each depending on the niche, history and business model. [...]
I typically do at least 10 and often more Website Audits each week. There are many reasons to get or have an audit done. It totally makes sense for someone who is considering investing in, starting or buying an online business to review not only the usual profit and loss statements etc., but also to [...]
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