Business Mistakes
I needed business education that would get my Internet based home business running real soon. Because I knew it was going to take time getting the needed cashflow to be successful. (Ref. article) Little did know (at the time) that bad business ethics was reeking havoc and was so rampant throughout this relatively new Internet business venue. Although I was very fortunate because I got a trusted business coach not long after I got online. Unfortunately for many of my fellow peers that took it upon on themselves to start their businesses without a coach are now nowhere to be found on the Net. I highly recommend getting a business coach for anyone with little business knowledge and skill. Because you surely do not want to start a business (online or off) from scratch, with little or in my case no experience. (Ref. article) I was told that getting increased web site traffic is the goal for getting readership and cashflow. Also business market planning is one of the major pre-planning activities that will go a long way in helping your business become profitable. (Ref. article) The pre-planning of building a business should begin with lots of business research for a well placed business profit analysis. With a business profit analysis you will have concrete answers to these question: Dose this business have good profit potential? Is the market saturated with competition?
The business process online is the same as off line, business is still business. Many people think that because they have a legal business when they became an affiliate or distributor for a company. Believe it or not, those people are misguided.(Ref. article) The online business process begins when a person follows the procedures laid out by law. Distributors and affiliates are not business owners, they work as facilitators of business transactions for the companies they have contracted with. Business mistakes are common, but make no mistake about it, affiliates and distributors are still making money (commission percentages) with their (contracted) companies, but they are not the owners of those companies. Owners get paid first and facilitators get a commission percentage and are paid last. ************************************** Page References **************************************
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