Getting your Online Business Plan Started

A business plan is based around costs, resources and profits.
Here I can help you with some typical figures to get your Online Business Plan started.
Yes, I know there is no such thing as a typical business: if you plan to sell Ferrari’s your figures will be way off!

But if you are average in the sense of wanting to sell products or services online for between $17 and $97 to rabid customers in a hungry market niche – then this will should be good enough to provide you with realistic expectations.

Online businesses are great because they require less than $100 start-up capital – assuming you already have access to a PC and the internet. Yes you do need some $ invested to get started as a business!
Your biggest investment will be time and effort – and if you currently have a job or are looking to replace one, then I’m sure you would love to know how much you are likely to get for your time?

Before I send you off to see what is involved, please understand this information is to help give you an over-view for your business plan – not frighten you with details of activities you need to learn about!
Now check out this completely free 28 Day Online Plan from a successful online marketer.

From this plan you can see that 4 hours work a day for 28 days, can bring start to bring 320 visitors a day to your site – even before search engine traffic kicks in two or three months down the line.
Using conservative figures of 1 sale per 1000 visitors, as explained in my Reality Check, means you should quickly start making about 10 sales a month – or $250 each month for for your 112 hours of work.
Not a lot in the first month – but traffic and sales should actually increase bringing in much more than $3000 a year for your efforts!

So $26 an hour is a very reasonable figure to use in your Business Plan.
Yes you will need Web Hosting, a domain name, an autoresponder and probably some detailed low cost training – but these are just steps in the process of creating your plan.

Once you have your Business Plan it will save you hours of wasted time and effort spent doing things that aren’t productive or carry you off in lots of different directions.

Leave a Reply

CommentLuv Enabled

This site uses KeywordLuv. Enter YourName@YourKeywords in the Name field to take advantage.