Question
How do I market my soap to areas other than local at least cost?
Answer
The costs of marketing a product for a small business or even a large business can be daunting. Those costs increase exponentially when you start talking about entering a new
market or broadening the scope of your distribution system. Many businesses spend as [...]

Question
I am a 25 year old entrepreneur that is planning to create an online store selling accessories for students.
Shall I start selling via a normal retail store or start directly online? (That is going to be my first time dealing with e-commerce.)
On what shall I pay special attention?
Answer
At the outset, do understand there is a [...]

Question
I was wondering if you could provide me with more information regarding writing a good business plan for an e-commerce venture.
Since it does not physically exist and has no overheads…etc..it is quite different from setting up a walk-in shop.
Answer
There’s been so much interest in this lately that we have in fact developed quite a bit [...]

Question
I am a 25 year old entrepreneur that is planning to create an online store selling accessories for students.
Shall I start selling via a normal retail store or start directly online? (That is going to be my first time dealing with e-commerce.)
On what shall I pay special attention?
Answer
It is a matter of hit and miss, [...]

Question
I have recently started a software development company. A client would like us to produce, and license, a particular aspect of their e-commerce solution software.
Can you provide suggestions on how I can best set licensing fees and establish a value for recurring royalty payments?
Answer
My first suggestion is to prepare a business plan. Doing a “what [...]

Question
I have an business idea for a B2B e-marketplace.
I have done some preliminary research and found only a couple competitors. Should I spend money on a third party to conduct further research?
My plan also needs software development to be funded. How do I fund a prototype application with little or no personal funds?
Answer
To answer your [...]

Question
I have had a web site for about a year now and want to turn it into an e-commerce store. I know I need to be able to accept credit cards online. How do I do that and whom do I use?
Thanks.
Answer
To accept credit cards online, you must establish a merchant account with an online [...]

Question
We sell clothing on the Web, should we be looking for a loan or an investment? We are only online, does that make us more of a risk to investors? Profits are good (this past year) due to tight inventory control. I have had experience in retail and e-commerce, and believe I know how to [...]

Question
We sell clothing on the Web, should we be looking for a loan or an investment? We are only online, does that make us more of a risk to investors? Profits are good (this past year) due to tight inventory control. I have had experience in retail and e-commerce, and believe I know how to [...]

Question
I am preparing a business plan about the creation of an E-Commerce start-up. An investor is ready to put $500,000 into it. Which are the various methods to determine how much my project is worth to negotiate the repartition of shares?
Answer
The value of your project and how the shares are distributed depends on many
factors. [...]