How to create your own business

1. How to Create your Own Online Business A Deftpdf presentation

2. Anyone can create an online business • The recent social distancing has brought so many physical businesses down and plenty of freelancers are also losing ways to earn some dough. Luckily, were born from this age where the internet is available and the digital world is accessible. Anyone can create their own businesses right inside their homes, even if you don’t have any money for capital!

3. Benefits of having an online business • You can work anywhere as long as you have a computer and internet. • You can schedule everything – work hours, delivery, personal time, etc. Work fast or slow, time is up to your effort. • You don’t need a degree to open your own online business and no experience is also necessary to be “Accepted.” Experience makes it closer to success faster but it doesn’t always • Big or small, businesses are at the same level online. You can compete with brands and still gain some consumers. • You don’t need much capital. You can even have one without any cashouts. What makes it so great anyway?

4. What kind of businesses can you do online?

5. What kind of businesses can you do online?

6. What kind of businesses can you do online?

7. How to start creating an online business • 1. Identify your niche • Know your forte and ask yourself, “what do you do every Saturday morning?” Studies suggest that by identifying your hobby and your weekend interests, you can identify what you are good at. Discern about this topic and think about it in different situations. • Is this your interest? • Is it helpful? Can it solve problems? • Can you talk about this even if your eyes are closed? • Can you talk about it for hours without any cheat codes? • Are you updated with this? Do you have any sources? • Are there more people out there that like the same thing? Know the basic steps

8. How to start creating an online business • 2. Think about the feasibility • In a business course, feasibility studies and thesis papers are submitted in class to properly dissect the areas that make your business. • How do will you create the product? • How fast/slow do you produce this? • Is the cost affordable for you? • Can this be affordable to your audience? • How about logistics? • What’s the shipping weight and how much will it cost? • How many types are there? • How do you source the materials/product? • Is the source reliable? • How are you going to receive payments? Know the basic steps

9. How to start creating an online business • 3. Market Research • Commonly, when you do your market research, you try to explore if it can surpass trends and if there are enough competition in the industry. A good business will always be a staple, a necessity or a norm, which has a healthy amount of competition in the market. It’s good to have competition because you don’t have to educate each one about your product and you can always find out what you can improve on your competitor’s strategies. Know the basic steps

10. How to start creating an online business • 4. Permits • Though your business is online, learning about the laws that govern your area (or around the world) is still necessary. There are factors such as zoning laws, trademarks, copyrights, shipping restrictions, business permits, original receipts, and digital rights. Make sure to get to know everything first before you start to avoid any unnecessary lawsuits or sanctions. Know the basic steps

11. How to start creating an online business • 5. Name it right • Choosing the right domain name that captures the attention of your possible clients is one of the major decisions you will have to make. You also need to choose the platform of which you will use to sell the products. You can use an eCommerce platform, social media or just a plain informative site. Essentially, social media is one platform that is required nowadays, especially since it has a big effect on SEO. Know the basic steps

12. How to start creating an online business • 6. Set up your analytics • You can’t improve if you don’t know what to improve on. Set up your analytics using SEO tools or simply use Google’s tools to measure your performance. If you’re using social media, these platforms already have built analytics that can create reports for you. Know the basic steps

13. How to start creating an online business • 7. Focus on one then expand • Expansion should always be implemented when you’re stabilized. If you try to multi-task, you won’t be able to grow the first product at its maximum potential. But once you’ve milked your product to its peak, its always a good idea to expand. This way, your buyers have something to look forward to. Know the basic steps

14. How to start creating an online business • 8. Don't forget the bill • The most awkward and the most difficult process in business is asking for the payment. It's a shame for newbies because they don't know how to ask for it while other companies, want to retain their professional image. The solution? Send out a digital invoice with a friendly reminder! This is one professional approach that will keep relationships with clients and your pockets full. If you don't know how to create a digital invoice, you can create one here at DeftPDF for free. It's fast and easy to use. Just click on the tool, change the details on the template and save!  Know the basic steps