Before You Do An Internet Business Start Up - Answer These 4 questions

"The business plan is a necessity. If

the person who wants to start a small business can't put a business plan

together, he or she is in trouble," says Robert Krummer, Jr., chairman of First

Business Bank in Los Angeles.

This goes for any business, including an internet business start up. In fact,

I feel it is more important for online businesses. This can be one reason why

there are so many failures.

To start any business you need to think it through. If you don't you may not

end up where you think you want to go.

There are 4 core questions that you need to answer before you go on according to

the US Small Business Agency.

The 4 Core Questions Are:

• What service or product does your business provide and what needs does
  
  it fill?



• Who are the potential customers for your product or service and why will
  
  
  they purchase it from you?



• How will you reach your potential customers?



• Where will you get the financial resources to start your business?

As I mentioned in the "4 Basic Steps to a successful Web site" (www.start-internet-business-from-college.com)

the first is to define your niche market. You can do this easily through

SBI!'s Brainstorm It!

Financial Needs

Once you have your niche, the next questions come easily. The last point

about the financial resources are important. Depending on what your niche

business is and whether or not you will need to have inventory will help drive

your financial resources needs.

With Site Build It! (SBI!) you will not need

much more. They have the complete package. In fact, they are the only

"All-In-One" package for anyone who wants an internet business start up or not.

Needs

I have found outside of a computer, a high speed line and a business license

you are set to go. Remember that SBI! has it all,

you do not need to purchase another service.

Time Management

This is a very important factor. How much time do you have to put into

your new internet business start up? You need to determine this ahead of time.

Why? Because working on your online business will make time fly by and you need to put a

reasonable limit on it. Remember studies, social life and family.

I will be writing more on time management in the near

future.

Set Your Goals

This is also a very important part of your

business plan. You need goals that you want to meet over the short term,

one to 6 months. For example, you want you Web site up in 1 week or 1

month. Or you want to have 4 articles written within the first 6 weeks.

You

also want long term goals for an internet business start up. These usually

take the time line of 6 - 12 months to 2+ years. They usually are around number

of sales, profit goals or number of members.

Good Sources For More Info

Some good resources include the U.S. government Small Business Administration (SBA.gov),

starting a business. Remember if you have a good business plan they have loans

for online business start up's.

Another good source for internet business start up is the SBDCNET. They have

partnered with the SBA to give you a great deal of information on ecommerce.

Remember The Proven Success Of SBI Sites

62% of all SBI sites are in

the top 3% of all Web sites. And




answering the 4 "core questions" are very important in the success of an

internet business start up.

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About The Author:



Learn more about what Site Build It and The only "All-In-One" package that gives you not only web hosting and design, marketing tools, finding profitable keywords, RSS capabilities, live support +. http://www.start-internet-business-from-college.com

My name is Bob Roy and I enjoy helping to make a new internet business successful. I have expertise in using the only all-in-one internet business package. I

know that if you start an internet business you want it to be a success and I will be able to help you. Go to http://www.start-internet-business-from-college.com/ for more information.