January 2

Online Business Start-up Tool Guide

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Online Business Start-up Tool Guide

With all the advancements in internet access, software, and technology it's now easier than ever before to start a new online business. 

Creating a new business has become so much easier with all the new tools and options available to try out and the barrier to entry has been greatly reduced.

 But the path to getting started can be a little daunting with so many choices. So we've created a kind of template of some of the essential steps to help you on your way, and set you off on the right foot.

Legal Structure:

First things first. 

You will want to decide how you will want to structure your business.

Will it be a sole proprietorship? An LLC or S Corp perhaps. 

When choosing your business entity, it's best to consult with a professional so that there's no confusion when tax time comes around. When money starts coming in you don't want to put it in your personal account or it can create all kinds of tax issues. By keeping it separate you can potentially take advantage of tax deductions available through your business.  

Successful business ownership is a lot more than formation — it takes the right attitude, motivation and support. Plus, a little moxie. And a lot of paperwork.

That’s where Bizee.com comes in. They will manage the paperwork and handle other services so you can focus on the parts of your business that inspire you. Gain peace of mind knowing your business is in expert and experienced hands so you can focus on building your big ideas.

Features:


  •   Free next day business filing
  •   One-time formation fee
  •   Free tax consultation

Websites:

In today's modern economy it goes without saying that in order to get noticed and be accessible to your potential customers you have to have an internet presence. But fortunately, it's easier and more manageable than ever before.

Pick A Domain:

With a  myriad of providers and plans to sort through it can be a bit overwhelming. So to keep things simple we recommend starting at Namecheap to pick out and purchase your domain. Meaning the thing people type in to find your site. 

Try to keep it simple to remember and easy to type. And while there are any number of "dot somethings" out there, it's always best to stick with .com for a more professional look and feel. People are less likely to trust a .online or .xyz.

As of this writing, Namecheap has the best pricing and availability, and you can choose 1-yr, 2-yr, and 4-yr plans.

Web Hosting:

Next, you'll need web hosting for your new domain so you can build your beautiful new website. 

While dozens of providers offer hosting plans, Siteground has the most comprehensive, reasonably priced plans available. And the customer service is top-notch. When something goes wrong on my site, I like knowing that I can click the support button, ask a question and within minutes I have a response with a solution. 24/7

Benefits:

  •   Unlimited Websites
  •   Free SSL
  •   Daily Backup
  •   Ecommerce Enabled
  •   Free Email

Brand And Logo:

Now that you have your business set up, and found a domain and web hosting, it's time to create a logo for business cards, brochures, etc.

Canva has been invaluable when it comes to creating logos. Editing an existing logo, icon, or business card, or designing something from scratch, the options are endless. Choose from an existing template or upload your own design. And it doesn't stop there.

Using they're free account or upgrading to the Pro version you can create an ebook, edit TikToks, and make flyers and brochures. Take an existing Pinterest pin and create something truly special.

Have an image you'd like to use but it's too big? With Canva you can resize it or even add a text overlay in minutes.

There are also video tutorials on how to use all the cool tools, and they just introduced an AI writer to help with content creation.

Videos:

Videos are everywhere, and they're not just for Youtube. Online course creation, personalizing a blog post, video walkthroughs of anything or anywhere.

Movavi Video Editor is the perfect tool to bring your creative ideas to life and share them with the world. Make your videos rock with special effects, keyframe animation, and ready-made intros. Apply Chroma Key to easily change the background in your clips to anything you like.

Movavi Video Suite has everything needed for beginner to pro. And is super easy to use. The screen recorder is a great tool for capturing video from a live stream or desktop video recording for a presentation.

Even if you’ve never tried to edit videos on a PC before, it will take you no more than 20 minutes to master this movie editor and start editing like a pro.


Bookkeeping:

Accounting and bookkeeping are a necessary  part of any business. Not only does it make things easier at tax time, but it also lets you know how much you made, how much you spent and how to plan for future projects and expansion.

With modern accounting software from Freshbooks, it can do so much more. With billing and payments all in one place, everything is organized and easy to track. Things like professional invoices, online payments, and automated payment reminders in FreshBooks make it easy…for you and your clients.

With every dollar accounted for, you’ll always know where your business stands. Business health and financial reports show your profitability, cash flow, and where your money is going.


Affiliate Marketing:

Lastly, if your interested in selling products or software in your online business but want to get your feet wet without having a lot of inventory, and dropshipping isn't your thing. Then affiliate marketing may be just the ticket.

One of the easiest places to start is with a partner like ShareASale. It's free to sign-up and you will have access to hundreds of vendors, providing all kinds of physical products, software, and other services that you promote on your website or social media.

The vendors provide you with a special tracking link, and when someone makes a purchase using the link you provided, you get a commission on the sale. 


Conclusion: 

There are a lot of moving parts when it comes to online business start-up, but with a little patience and attention to detail, it is easily something you can accomplish.

With so many user friendly pro level tools available today, the ease of access and low barrier to entry makes it so much faster and easier. All you need is a little drive and an idea to make it all happen.


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