Tag Archives: online business

What is a Click and Mortar Model and How Can It Work for your Business? | Small Business Trends

Simply put, a click and mortar business is an integrated model that combines both online and off-line operations. Retailers have a website here that customers can shop on but these same folks still have the option of buying products in a brick-and-mortar store. The strategy involved is often called omnichannel.

One of the big bonuses is the fact that there’s an enhanced shopping experience with more flexibility, service and convenience.

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The Key Things to Watch Out for When Starting an Online Business | Getentrepreneurial.com

Allow time and resources to work before your business is a success

It does not happen overnight. Regardless of how much money or resources you have put into your online business, it will not be a success within a single day. You have to wait for everything to work or take off once you have set the right mechanisms. Even after that, you have to keep working and managing those resources and mechanisms to make sure they are in their rightful place. Use the services of a good digital marketing agency to help you stay ahead in terms of streamlining your marketing tactics.

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4 Reasons to be Ready to Sell Your Online Business Right Now | BusinessTips.com

imagesHaving an online business is great. Not only are you your own boss and can dictate your own hours, but you can also sit in casual clothes at the computer during conference calls and filling orders. But even if your business is going smoothly, and the profits are rolling in, it is still absolutely essential that you prepare the business for sale. Even if you have no absolutely no intention of selling.

Confused? Read on and you won’t be.

In the excitement of running a new business and watching it succeed beyond your wildest expectations, selling the company is probably the last thing on your mind. But the fact is, most business owners eventually end up selling to an investor or an individual at some point in time, and usually when they aren’t expecting to do so. You may be lucky enough for someone to come to you with an acquisition offer, but more likely than not, you will be looking for a buyer, not the other way around.

So in preparation for that day possibly coming, it is essential to have an exit strategy ready, so you can sell quickly and easily, and move on to your next business idea. Even if you vow never to sell your business, it is still good to perform an exit strategy exercise on a regular basis. Here’s why:

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  5 Intangibles Your Ecommerce Business Should Be Focusing On, But Isn’t | Getentrepreneurial.com

At any given time, there are thousands of small business entrepreneurs looking to create a meaningful presence on the web. As you read this, some traditional businesses are finding a new home online, some “purely online” ecommerce businesses are taking birth, and the mad rush for every website out there to go mobile is only intensifying.

If you are an entrepreneur just starting out, you’ll eventually face what is called “information paralysis” – the sheer weight of information that threatens to freeze you. You aren’t responsible for this information overload, but your best bet is to absorb what matters to you and stay committed to make your ecommerce business work.

Pulling out your new ecommerce site from the hidden corners of the web and taking to stupendous popularity and profits is sweat-inducing, scary hard work. Slap focus together with assiduousness and your ecommerce business will see new light.

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How to Start a Business Without Debt | BusinessNewsDaily.com

debtEntrepreneurs often talk about how they started their businesses with loans from family and friends, seed money from investors and even by maxing out their credit cards. But, for every one of these feel-good success stories, there are more than a few with unhappy endings.

Noelle Federico, the business manager and chief financial officer of Dreamstime.com, a stock photo service, said that while it is not easy to start and grow a business without incurring debt, it is possible.

“We’ve proven that it can be done,” she said. “Myself and the leadership team at Dreamstime.com have never taken loans, used credit cards or tapped angel investors to grow our business.”

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