Do You Have the Right Team? -- Preparing to Launch Your Online Business

We’ve talked about creating a mission statement, knowing your strengths and weaknesses, and developing a strategy for your online business start up. Now is the time to tout you and your team. Your confidence, enthusiasm, and vision are incredibly important to the success of your business, and to gain the confidence of investors. They are ultimately investing in YOU, so sell yourself and your team! Consider:

Who are your team members, managers, or partners? What is their level of education? Do you or they have any experience in similar ventures or businesses? Are you particularly passionate about your products? Why? Who will be in charge of what? Who has final decision-making authority?


Every business can potentially be faced with challenges. What risks might you face in your business, and how will you be prepared to face them? Consider:

Have you in the past, or are you currently facing litigation? Do you have access to an attorney? Do you have adequate insurance coverage for your business? Who is in charge of record keeping, and how are those records stored and protected? Do you use an accountant?


Once you have a plan for your online business, you need a website. When conceiving your website, before you think about colors, pictures, or even format, take into consideration the answers to the questions above and come up with the purpose of your website. That will make your web design process a lot easier.


This series of blog articles on starting an online business begins here .

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

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 .

The Best way to Start an e-Business

Before you officially “open the doors” of your e-business, you need to create a business plan. Turn your business idea into a plan that will help you succeed (or you may find it’s better to scrap the idea and come up with something better).

Putting a business plan together may seem like a daunting task. Our next few blogs will take you step by step through the process of creating a business plan, making the process a little easier for you.

Putting a business plan together will include completing a market analysis, a competitive analysis, an advertising plan, pricing, branding, a sales strategy, and much more.

You will want to consider marketing, financing, your target market, distribution of your product, finding out who your competition is, etc. In addition to considering these factors, you will want to set realistic goals for your small business.

Learn more about starting an online business here.

For more information, please visit www.hitwebdesign.com or call 1-866-211-0743.