Did you know that the majority of new online businesses will fail? It’s true, many people’s dreams are being crushed in this competitive online world. However, there are a few common reasons for this. I’ve listed them below, and you should pay attention to ensure they don’t damage your business too. Bad Website With an online business, your website is everything. If it’s good, then you stand a chance at making it. If it’s bad, then you have no hope in hell. Consumers are very impatient people, they wait for nobody. So, if your site takes long to load up, they’ll be out of there in seconds. Similarly, if your website doesn’t look good, then they’ll be gone too. Imagine walking into a store and everything looks rundown and old. You wouldn’t think very highly of it, and … [Read more...] about 3 Common Reasons Most New Online Businesses Fail
Archives for August 2016
If you run a company, your primary concern is most likely your operations. If you’re a client-facing business, you’re probably busy trying to get clients. If it’s a product company, you’re most likely more concerned with manufacturing and distribution. But there are key concerns every business needs to consider. You probably already have some measures in place for a few of these things. However, some of these major business aspects often get neglected. Make sure you take note of all these things and their importance to your company. Advertising Whether you promote your services to businesses, consumers or industries, advertising is crucial. You need to pick the right way to advertise to reach your target audience. If you don’t, then competitors will step in and snatch up … [Read more...] about Major Concerns All Businesses Need To Take Heed Of
I'm a big fan of passive income over here. Who doesn't? One of the main reasons I'm so in love with it is because it signals a degree of independence. While it’s a myth that you never have to do any work if passive income tax is involved, there is certainly a lot less effort involved! But what exactly am I talking about when I talk about passive income? Over the past few years, it has become one of the loosest terms in the finance books. A lot of people would define it only as a source of income in which you have no material participation. This is, in a sense, the most accurate way of describing it. Generally, it’s the income you stand to gain from stocks property interest and even capital gains. A passive income is sometimes used to refer to incomes that you … [Read more...] about Can You Earn More with Passive Income than Regular Income?
There are many reasons why you might be about to launch a new website. Perhaps you have just set up your very own company. Or maybe this is the first time you are taking your bricks-and-mortar business onto the Internet. Perhaps you have just set up your very own company. Or maybe this is the first time you are taking your bricks-and-mortar business onto the Internet. Or maybe you're just tired of working with someone else. We've all been there. Whatever your reasons, it is important that you are completely sure the site is ready to go before you launch it. How do I know? I've launched multiple websites my own from e-commerce to brand new blogs. If you launch it too early, you could end up losing a lot of sales. Not sure if you are ready? Don't be afraid. These dos and don’ts can … [Read more...] about The Dos And Don’ts Of Launching A New Website
When it comes to doing worthwhile things with our lives and times, we all know that one of the best things we can do is to help others. After all, if you have help to offer, there will be somebody out there who needs it. Keep reading for a guide to the many different benefits of setting up a non-profit organization, plus why you should take the leap and do it yourself! Making a difference to other people’s lives The first and foremost reason for becoming a non-profit organization is the fact that you will be making a real difference to people’s lives. We all know the feeling of dropping a dollar into a charity bucket and wondering what difference it can make? However, taking leadership yourself puts you back in the driver’s seat. You get to make money or a network of … [Read more...] about The Many Benefits Of Setting Up A Non-Profit Organisation, And Why You Should Take The Leap
If you only learn one thing about the business world today, learn this. It’s based on technology. In fact, I would even go as far to say that for most businesses, technology is now a lifeline. It’s not something that you want; it’s something that you need. Without it, you’ll be an analog clock trying to compete in a digital age. It’s not going to work. You might say that your industry is not reliant on technology. Or, that there are other ways for your business to function on the market. To that I say, look around you. Even businesses that you didn’t think would need tech are using it. Farming is my favorite example. Who would expect to walk into a barn and find it filled with technology? These days they are. You have to realize that making mistakes with your tech could lead to … [Read more...] about Technological Faux Pas That Will Take Your Business Out The Race