Preparing to Launch Your Online Business...Strengths and Weaknesses

As you go through the process of planning your online business, you may not have the answer to every question we ask. Don't worry if you don't have all of the answers now, because that is the whole point of doing this plan—to help you find and discover the areas that might sneak up and get you in the future. Having gone through the process of putting this plan in place, however, you will be better prepared to face unexpected turns and situations. Answer the questions you can and think about the ones you can’t. There are a lot of details that will come together as you go through this process.

Part of making your online business successful is knowing your strengths and your weaknesses, along with the (potential) strengths and weaknesses of your company. What are you good at? What is your company good at?

What are the strengths of your products? Price? Selection? Variety? Quality? Brand association?

What are the strengths of you and your partners or team?

What are your strengths with respect to reaching customers and telling them about your product?

What are your leadership or organizational strengths?

What is the vision of your company and how is that a strength?

The answers to the above questions may be the reasons you want to start an online business in the first place. You must also look at your weaknesses. Good business owners strive to identify areas of weakness so they can turn them around and make them areas of strength. It's better for you to discover weaknesses than your competitors or customers to discover them for you!

How will the business run from start to finish?

Do we need to hire people?

Where will our products come from?

How will we get the word out about our company?

Do we have enough money to survive the start-up phase?

Do we have a good system in place to track orders and make sure our customers are happy?

This series of blog articles starts here (http://hit-webdesign-articles.blogspot.com/2010/01/best-way-to-start-e-business.html).

For more information on starting an e-business or creating a new look for your current e-business, please visit http://www.hitwebdesign.com or call 1-866-211-0743. Stay current on the latest products and web trends at hitnewsfeeds.com .