Many people dream of starting their own business, but in many cases it remains just that: a dream. Starting a business today is easier than ever, thanks to the Internet. An Internet business generally requires little start-up capital and is easy and often free to market.
Choose what type of Internet business to start: Will you sell your own product or service? Or will you become a drop shipper or an affiliate marketer, selling other entrepreneur's products?
Decide what to name your Internet business, remembering to keep it simple and memorable. Your business name should also alert customers as to what you are offering them--"Database Building for You," for example.
Determine what business licenses you will need to legally run your Internet business and apply for them. Your local government office will be able to tell you exactly which licenses, such as a zoning permit, you will need before you can open your business's virtual doors.
Buy Web hosting and your domain name, keeping in mind that your domain name should be the same as or as close to your business name as possible. Consider purchasing several extensions of your domain name--such as ".com," ".net" and ".org"--to ensure that your competition can’t buy them out from under you.
Create a website for your Internet business. If you have the capital, you may want to hire a Web designer to design a website for your Internet business, or you may want to purchase a Web template and customize it yourself.
Prepare a business plan for your Internet business. You must have a road map of where you plan to take your business and how you plan to get there.
Market your Internet business. Fortunately, you have plenty of options for marketing your business for free online, including participating in article marketing, forum marketing, social networking, blog writing and submitting press releases to free press release websites.
Launch your Internet business. Consider offering a special discount on your product or service to celebrate your opening day and to attract more paying customers.
In addition to free marketing opportunities, you can also pay to advertise your Internet business, using such methods as banner advertising and pay-per-click advertising. Choose an Internet business about which you are passionate. If you do not love what you are doing, you're not going to be as successful as if you do love what you are doing. Shop around for Web hosting for the best price. Some Web hosts also offer free customizable website templates, making it easy for you to design your website yourself.
When you purchase your website domain name, make sure you will own the name. In some cases, the company from which you are purchasing the name actually owns the name, which could ultimately cause problems for you. If you are in doubt who owns the name, ask the company before making the purchase.