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Anyone that has started their own business? Watch

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    Hi

    I am looking in to starting a business online. However looking from some advice from those who have done so themselves.

    Can anyone give any tips any good websites I can sign up with that can assighn me my own business website online?

    Are there any legel matters to consider when starting a business online?

    Also any other advice or tips would be much appreciated on starting a business online?
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    anyone????????
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    Assign your own business website online? Huh? You're going to have to do it yourself.

    What do you plan on selling?
    What are your market expectations?
    How much capital do you have to invest in your business?

    Legally there would be the Data Protection Act and the Distance Selling Regulations. You would also have to register as a company, partnership or sole trader and you should investigate the pros and cons of this.

    I ran an online company for two years.
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    Meeee!
    Theres a number of sites. google etc. If you know html and stuff you can buy a domain name etc. and webspace then build it up. try 123-reg.co.uk - it's fairly cheap and you can buy domain names, email addresses and pay for extras like website design kits etc.
    You'll need to register with HMRC as self employed (sole trader) within 3 months of starting so you can pay income tax and national insurance. If you make over £70,000ish a year you'll need to become VAT registered.
    What do you want to sell? Depending on what you want to sell you may need to get a licence.
    If your business is going to have risks involved or your going to be selling a lot (enough to have to pay VAT) you'll probably want to take out business insurance as well.

    To start out, I'd try ebay, playtrade or amazon marketplace (or all three) - this will help you build up your customer database and you can get business cards with a link to your website. Try www.moo.com for high quality business cards. Oh and you'll need jiffy bags as well if your posting things out. http://www.smartpackagingstore.co.uk/ is cheap and the place I use. Next day delivery too.

    REMEMBER you MUST keep track of ALL your incomings, expenditure etc (sell price, packaging cost, item cost, postage, fees if you use paypal).
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    (Original post by laura94)
    Meeee!.
    Just out of curiosity (and the fact im a business whore), what is your business?
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    (Original post by Chris_23)
    Just out of curiosity (and the fact im a business whore), what is your business?
    just an online store, mostly selling subscription codes, games, cds etc
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    (Original post by lollypop*)
    Hi

    I am looking in to starting a business online. However looking from some advice from those who have done so themselves.

    Can anyone give any tips any good websites I can sign up with that can assighn me my own business website online?

    Are there any legel matters to consider when starting a business online?

    Also any other advice or tips would be much appreciated on starting a business online?
    All the best Make sure you properly advertise and market your site for your targeted clients.... remember it doesn't matter how good your goods and services are, without it being marketed it's as good as no products at all

    Have invested in several businesses myself, used to run a few side businesses as well, mostly involved in real estate. Other types, generally preferred to buy into it rather than start up one myself.

    Latest venture is starting up of an inn and events/meeting centre. I started this from scratch

    If you're doing a purely online business, your best bet is to start up through eBay and Amazon as someone said earlier, else it's really too competitive out there to get people to your site, especially if you're a new kid on the block..... easier to start from eBay and slowly build up a reputation.

    P/S : What are you trying to sell?
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    Not really a business, but I did buy and sell stuff online for quick cash not long ago.

    Best of luck anyway.
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    (Original post by Dream Weaver)
    Not really a business, but I did buy and sell stuff online for quick cash not long ago.

    Best of luck anyway.
    What did you sell?
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    my dad is a self employed credit broker.. he makes (alot of) money by getting people to apply to him for loans, then sends the applications to loan companies.
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    (Original post by Victor-PP)
    What did you sell?
    Anything I could get my greasy mitts on lol

    Basically I'd find products that were on sale from small/not well known sites or even other countries and sell them off on ebay and amazon with a very small mark up. It was just pocket money really, then a few months saving up to take my gf on a trip to London.
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    (Original post by Dream Weaver)
    Anything I could get my greasy mitts on lol

    Basically I'd find products that were on sale from small/not well known sites or even other countries and sell them off on ebay and amazon with a very small mark up. It was just pocket money really, then a few months saving up to take my gf on a trip to London.
    I used to do that as well

    Made quite a bit during the earlier dot-com bubble and when eBay became popular.
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    (Original post by Iorek)
    I used to do that as well

    Made quite a bit during the earlier dot-com bubble and when eBay became popular.
    Do you think it's possible to earn a few bucks doing that on eBay at this time? Or is there too much competition?
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    (Original post by Victor-PP)
    Do you think it's possible to earn a few bucks doing that on eBay at this time? Or is there too much competition?
    Depends on what is it you're selling, some can still be fairly profitable, These days many products have very slim margins on them that it is very difficult to make more than a few bucks on them unless you're willing to sell beyond your borders which comes with it's own risk.

    TBH, when I first started I used to have access to wholesale prices for some IT related products and I used to let it go at around US$4-10 margin per transaction, but I would make money as I marked up the shipping and handling cost by about US$5.... these days buyers will readily question you why your S&H is higher than normal.

    Then when I went into eBay trawling about for bargains and selling them, there weren't that many professional sellers on it and vast majority let their goods go below market prices... these days most people have smartened up and know what their stuff is worth.

    You can definitely make a few bucks on it.... question is whether or not it's worth your time.
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    Thought I'd bump this. I opened one in September, developed in 2 months and since then turned over $22k profit.
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    Ill discuss what used to be my main source of online income. I've now switched to building websites for local business (tons of money if you spin it right, £500 per month contraact for an hour or two of work, thanks very much, the hard bit is getting clients)

    Porn, specifically my niche (keywords) is 'emo porn' and 'emo sluts'. I pull a few grand a month and dont do anything any more. Just a blog with tons of affiliate stuff and traffic exchanges. Ranked first page in the US for a **** ton of keywords. I normally get one or 2 sales a day (ranging from $20-40 comissions) and I also earn another $30-100 per day with CPM (cost per thousand) banner ads.

    Last year when I put time and effort in I peaked at $10k in a month. Unfortunately due to college and laziness I just can not be arsed to keep doing blackhat SEO. Also I cant remember how to use scrapebox (stupid me).

    Anyway, whoever said sex sells is completely wrong. The online porn industry might look huge but there is nowhere near as much money as there used to be. I wish I picked a better more sustainable niche but oh well.

    If you start making money register as self employed. Also, everything you need to learn can be found via Google. Search for terms like 'make money with online affiliate programs' and join some forums. Most of the mainstream ones are ****e. I suggest you avoid DigitalPoint, no one there can speak english. Warrior Forum is ok if you can sift through all the crap of people trying to sell stuff to you there is gold in there. The best public one is Blackhat World imo. Lots of simple stuff to get you started and give you an understanding of how it all works.

    A year or two down the line youll get talking to people and if your like me you will be invited to several very private forums, they have some real good stuff, right now I'm active in SSMC, DGB, DS and a few irc rooms.

    Also protip, go whitehat for a more sustainable income. Blackhat doesnt last. Never buy an ebook about making money!!!!!!! Torrent it or download it from the blackhatworld forums.
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    I havent directly started a company though i did work for a company that specialised in helping students move into self employment straight from university. Depending on what you decide to do there was two websites http://www.sjdaccountancy.com and http://www.easyaccountancy.com hopefuly these are of help.
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    (Original post by lollypop*)
    <Snip>
    I run a business in France

    As far as laws are concerned in the UK you need to be aware of the The Consumer Protection (Distance Selling) Regulations 2000 and Data Protection mainly.

    I would advise you register as a LTD company purely for the fact it has limited liability and in some cases easier to procure goods to sell on.

    I am guessing by "Can anyone give any tips any good websites I can sign up with that can assign me my own business website online?" you want someone to create your website? that can cost a fair bit to have someone else set it up for you on top of you purchasing the goods to sell so I suggest you try and do it yourself.

    Also this forum may help more than here
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    (Original post by PickledSausages)
    Thought I'd bump this. I opened one in September, developed in 2 months and since then turned over $22k profit.
    how?
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    (Original post by wactm)
    Ill discuss what used to be my main source of online income. I've now switched to building websites for local business (tons of money if you spin it right, £500 per month contraact for an hour or two of work, thanks very much, the hard bit is getting clients)

    Porn, specifically my niche (keywords) is 'emo porn' and 'emo sluts'. I pull a few grand a month and dont do anything any more. Just a blog with tons of affiliate stuff and traffic exchanges. Ranked first page in the US for a **** ton of keywords. I normally get one or 2 sales a day (ranging from $20-40 comissions) and I also earn another $30-100 per day with CPM (cost per thousand) banner ads.

    Last year when I put time and effort in I peaked at $10k in a month. Unfortunately due to college and laziness I just can not be arsed to keep doing blackhat SEO. Also I cant remember how to use scrapebox (stupid me).

    Anyway, whoever said sex sells is completely wrong. The online porn industry might look huge but there is nowhere near as much money as there used to be. I wish I picked a better more sustainable niche but oh well.

    If you start making money register as self employed. Also, everything you need to learn can be found via Google. Search for terms like 'make money with online affiliate programs' and join some forums. Most of the mainstream ones are ****e. I suggest you avoid DigitalPoint, no one there can speak english. Warrior Forum is ok if you can sift through all the crap of people trying to sell stuff to you there is gold in there. The best public one is Blackhat World imo. Lots of simple stuff to get you started and give you an understanding of how it all works.

    A year or two down the line youll get talking to people and if your like me you will be invited to several very private forums, they have some real good stuff, right now I'm active in SSMC, DGB, DS and a few irc rooms.

    Also protip, go whitehat for a more sustainable income. Blackhat doesnt last. Never buy an ebook about making money!!!!!!! Torrent it or download it from the blackhatworld forums.
    You sound like me, apart from the porn stuff .

    I would advise you use DigitalPoint though plenty of people there to find english speaking people.
 
 
 
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