What does it take to start an Internet business and grow it into a multimillion pound company?
I want to know what it takes to start an Internet based business small from, say, a back bedroom, and grow it into a multimillion pound company with offices all over, i.e. in terms of cost to start the company and how you would go about building it into a strong business?
Tags: bedroom, company, grow, Internet, internet based business, into, multimillion, multimillion pound, Pound, pound company, Start, take
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May 29th, 2010 at 8:50 am
A good brain and hard work.
May 29th, 2010 at 9:04 am
It needs a unique idea, unfortunately most money making ideas have already been thought of.
May 29th, 2010 at 9:17 am
It needs to be a product that people have a track record of buying, that you are able to reach those buyers easily and that has lots of repeat business and referral potential.
It can cost a very small amount to set up the back bedroom operation – computer with internet connection and a domain name with web hosting.
If you’re running it as an internet business do you really need lots of offices? It may be more viable to outsource some things and do the rest from your “headquarters”.
The first thing to do is your research into your potential market and then to put together a plan for how you’re going to run the business.
Good luck!