zandax online course logo
 
 
 
 
zandax 10 year anniversary
 
 
 
 
 
 
Home   >  ZandaX Blogs   >  Management Blog   >  Project Management Articles   > 
4 Tips When You Are Starting An Online Business

4 Tips When You Are Starting An Online Business

 
Managing projects on time and on budget
Starting an online business is a daunting challenge, so to help you to set up for success, we give you four essential tips to consider.
 
Article author: Jordan James
      Written by Jordan James
       (3-minute read)
Starting an online business is an exhilarating prospect that offers the potential for great rewards - and the flexibility to work from anywhere. But also requires careful planning, dedication, and strategic execution to ensure success.

So whether you're launching a new product, offering a unique service, or starting a blog, you absolutely must lay a solid foundation right from the start. This involves understanding your market, using the right tools, and continually adapting to the changing landscape of online business.

This is a daunting challenge, so to help you to set up for success, in this article we’re giving you four essential tips to consider.



Focus on Your Website

If you’re working online, it’s clear that your website is the face of your business: it’s where your customers learn about your products or services, make purchases, or reach out to you with their questions. So a visually appealing, responsive and easy-to-use website is essential.

A responsive website will change its look automatically according to the screen size of any device that views it, whether a smartphone, tablet, or desktop computer. The content stays the same, but the layout, and size of the elements on the page, will alter.
In this way, every visitor to your site has a good experience, regardless of how they access it.

Back up your website design with marketing techniques like search engine optimization by using keywords in your titles and content, and acquiring backlinks (this is where other websites link to yours). This will make your site more visible to people looking for what you’re selling.

And don’t forget the actual performance of your site: it needs to be fast enough to serve up the pages quickly, and the navigation must be simple so that people can find what they want.

Protect Your Online Safety

Securing the data of your customers (and of course your own!) should be a primary focus. By keeping their data safe, you create trust and stay compliant with privacy protection laws.



Especially important here is using a dependable VPN service. VPNs (Virtual Private Networks) take further steps to encrypt your internet connection, making it hard for hackers to access sensitive information. A Google search for VPN alternatives will provide many excellent providers who will help you with your online security and take a weight of responsibility off your shoulders.

You can also utilize strong passwords, in addition to a VPN, update your software regularly, and train your team on the best cybersecurity practices. And clear privacy policies that show customers how their data will be used can create more trust and loyalty.

Keep Financial Control

Solid financial control is the backbone of any successful business – online or bricks and mortar. This covers everything from financial accounts, thru inventory to customer service. Setting up robust financial controls will enable you to handle such issues.

Think about accounting software, which holds information regarding your finances. By using it you can automate a range of administrative work, from invoicing to expense tracking. This means saving time and reducing the chance of errors. And with that comes the responsibility to keep business finances separate from personal expenses; in other words, having a bank account and credit card specifically for your business.

The most important role of all is to keep track of revenue and costs.  There’s no point in generating high levels of sales if the cost of doing so is prohibitive. This is easy to do in the heady optimism of a startup, but don’t fall prey to it, or you’ll get some nasty surprises in the future!

Use a Project Management System

Running an online business involves continually juggling tasks. To keep organized and efficient, you need to have a project management system in place. It will help you plan, execute, and monitor everything you do. It will allow tasks to be created and deadlines set, responsibilities designated and shared in teams.



A good project management system will enable everyone in your team to be on the same page regarding what needs to be done, and the part they need to play in it. Moreover, it gives a status overview of operations and helps to highlight bottlenecks and areas that need improvement.

Round-Up

As you can see, starting an online business isn’t just about having a great idea. You need to create a responsive website, plan for online security, keeping financial control and organizing tasks with a project management system.

We hope that working with the ideas we’ve given you here will provide a great opportunity for you to lay a foundation of success with as few problems as possible.

 

More Articles on Project Management

How to Deal With Conflict in a Project Team
How to Deal With Conflict in a Project Team
Jordan James
Author: Jordan James
About the article
Summary
Find out how to recognise and deal with conflict in a project team on the Activia Training blog.
[ close ]
A Project Based Approach To The Challenges Of Excess Inventory
A Project Based Approach To The Challenges Of Excess Inventory
Jordan James
Author: Jordan James
About the article
Summary
A holistic project management-based approach is needed to tackle surplus inventory, and it this article we show you 10 ways to do it.
[ close ]
Managing Projects Effectively: Essential Skills for Consultants
Managing Projects Effectively: Essential Skills for Consultants
Jordan James
Author: Jordan James
About the article
Summary
Modern projects have tight deadlines, often with limits on timelines, budgets and resources. Here's an overview of what's needed to succeed.
[ close ]
The History of Project Management
The History of Project Management
Sam Carr
Author: Sam Carr
About the article
Summary
A brief history of project management: how it all started and got to where it is today.
[ close ]
7 Things to Consider When Writing a Project Scope
7 Things to Consider When Writing a Project Scope
Jordan James
Author: Jordan James
About the article
Summary
Why do we need a project scope and what are some of the most important things to consider when writing a project scope? Find out on our blog.
[ close ]
What is Resource Management Software and Why Use it?
What is Resource Management Software and Why Use it?
Jordan James
Author: Jordan James
About the article
Summary
Learn about resource management software on the ZandaX Training blog.
[ close ]
Is New York Really the Business Capital of the US?
Is New York Really the Business Capital of the US?
Sam Carr
Author: Sam Carr
About the article
Summary
We compare New York's economy with other cities, and see whether it deserves its reputation as the business capital of America
[ close ]
Hong Kong and Singapore - The Most Liberal Cities for Business
Hong Kong and Singapore - The Most Liberal Cities for Business
Sam Carr
Author: Sam Carr
About the article
Summary
We compare the two vibrant cities of Hong Kong and Singapore, and explore what makes them ideal for companies seeking growth opportunities.
[ close ]
10 Ways to Communicate Better as a Project Manager
10 Ways to Communicate Better as a Project Manager
Jordan James
Author: Jordan James
About the article
Summary
Find out why effective communication is crucial for project managers and what are the best ways to communicate better as a project manager.
[ close ]
Have You Managed a Project Without Realising It?
Have You Managed a Project Without Realising It?
Steve
Author: Steve
About the article
Summary
Have you been in a situation where you were responsible for completing various tasks in a team environment? Then you may have managed a project without realising it. Learn how you can improve your project management skil ...
[ close ]
6 Ways to Improve Your Delegation Skills
6 Ways to Improve Your Delegation Skills
Jordan James
Author: Jordan James
About the article
Summary
Read about the benefits of delegation and learn 6 ways to improve your delegation skills on the Activia Training blog.
[ close ]
5 Reasons to Use Gantt Charts When Managing Projects
5 Reasons to Use Gantt Charts When Managing Projects
Jordan James
Author: Jordan James
About the article
Summary
For project managers, Gantt Charts are incredibly useful tools to use. Here we look at the 5 reasons you should be using Gantt charts for.
[ close ]
 

Write for us on the ZandaX blog

We're always looking for guest contributors to increase the variety and diversity of what we present.

Click to see how you can write for us:

 

The ZandaX Leadership & Management blog categories

Click a panel to visit the main category pages for the blog
Management - Self Development
Management - Self Development
IT and Security
IT and Security
Leadership & Team Management
Leadership & Team Management
Project Management
Project Management
[ This category ]
Human Resources
Human Resources
Training & Coaching
Training & Coaching

ZandaX Blog Contents

Want to see them all? Click to view a full list of articles in our blogs.

 
zandax online courses logo
"ZandaX courses are such great value, and with the help and support they give, there's no better option in the market"
ZandaX LinkedIn logo
ZandaX YouTube logo
ZandaX FaceBook logo
Course Categories
 
All content © ZandaX 2024