How to Start an Internet Business 1-2-3

How to Make Money on the Internet

There are a variety of different internet businesses you can start, so the jobs you perform are varied as well. That said, there are a few common traits to operating an internet business.

What Credentials are Required?

With most internet businesses, you don't need a college degree, and you don't need specialized certification to start. There are many online tools that help you set up a website or online store so you don't have to know how to write programming code either. On top of that, there are freelance websites like oDesk where you can go to outsource tasks that you can't or don't want to do yourself (ie. telemarketing, accounting, website design or other administrative tasks).

The skill that does come in handy when running virtually any business online is the skill of selling. You can learn this through experience, but if you aren't an experienced salesperson, you may want to pick up a book like Influence by Robert Cialdini or How to Win Friends and Influence People by Dale Carnegie.

What Equipment and Supplies Do You Need?

As you might have guessed, you will need a computer and an internet connection. You may need software programs, depending on the type of business you are running. You are likely to also need a domain name and a host for a website or an online store.

Get a separate business phone line - it's cheap (Did you know that you can get an 800# for as little as $2/month?). This way, you don't have customers calling you on your home phone (not too professional). You can hire an accountant, or you can save money by doing your bookkeeping yourself with basic accounting software like Quickbooks Pro or Quickbooks Simple Start.

Even home-based businesses need to have a business license, so you will need to apply for your license as your city hall. If you have a name for your business, you will want to register it with the county clerk. Then, open a business bank account to keep your personal and business finances separate.

"Where Can I Start an Internet Business Online?"

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