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/ .

What is your Company’s Purpose?

What is the purpose of your e-business? To make money, right? That’s one purpose. What are some others? Perhaps you have created or found a product that the world just can’t live without and you want to share it. Maybe you offer a service that will help others. You might have a hobby that you want to turn into a profession. Write down your purpose, whatever it is. If you have more than one purpose, then write each of them down in order of importance to you.

After you know what your purpose is, answer the following questions:

Why am I committing my time and resources to this endeavor?
How will I be helping others?
What needs will this business meet?
How will I be helping myself (owner), or ourselves (owners)?
What “greater good” will be served with this business?

Once you have answered these questions, you can form your company’s mission statement. Your mission statement identifies your e-business. Keep your mission statement to a few sentences. You can adjust your mission statement as your company grows and changes, but the core values included in your mission statement should remain the same.

In tomorrow’s blog article, we will talk about business details and description. In other words, we will flesh out the structure and details of your business and describe the framework for success that you plan to create.

This series of blog articles starts here.

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.

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.