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Products Sales template for small business

Recommended reading:The McGraw-Hill Guide to Starting Your Own Business : A Step-By-Step Blueprint for the First-Time Entrepreneur

Even you are running a very small business, just simple accounting system is a must. Just note down the what the amount money goes in and what goes out. Just put all the money in a piggy bank will make you lost in the world of business. You will not no the condition of the business whether  it can sustain, in profit or loss. So you are a lone ranger in the business, only you and just you. From the purchaser, sales person, marketing and account. There will be not much time to do all the fancy account technique.

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Using U.S Mailing Address in Online Business

October 27th, 2009 2 Comments   Posted in Dropshipping, e-biz

Till now U.S still considered a big economy and the land of the oppurtunity despite many issues surround its political lanscape including recent economic downturn.  As the U.S pioniered many of  the modern invention such as google, maybe it is easier for you to start selling Internationally online using U.S mailing address. Owh okay that is not the main reason. Among the reason are:

-U.S are more recognizable easily wordwide.

-If you life in Timor Leste and want to dropship a Branded item like Adidas, better use the U.S mailing address as customer consider U.S is the closest origin of Adidas (but the truth is they have setup many factory in the 3rd world country…maybe you backyard prodyucing it you dont know)

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What Not to Sell on eBay

October 11th, 2009 No Comments   Posted in e-biz, ebay

What Not to Sell on eBay

Written by SaleHoo.com © All Rights Reserved

1. Items under $10

It sounds like a great idea - after all, everyone likes a bargain don’t they? But items that sell for under $10 have one big problem: Shipping. It’s quite likely that the shipping for the item will cost more than the item itself and this can be very off-putting to buyers. For example, if the item costs $4.50 and shipping costs $6, the total cost for the item is $10.50. If the buyer can purchase the item at their local store for $8, then this suddenly becomes a much better deal. For small items and accessories, the way to get around this problem is by grouping the items together, such as sets of 6 golf-balls or 5 tea towels.

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How much does it cost to start an online business?

June 23rd, 2008 1 Comment   Posted in e-biz

Nowadays people tend to google jobs that can turn money fast. Internet seems the famous place to be for this fast money seekers. Many people says that E-Business is a cheap business. Is it true?

Okay let make one case study : A Grocery Store Vs. An Online Bookstore.

Cost of opening a A Grocery Store:

1) Registering for a Company : as low as RM80.00

2) Rent a shop houses / lot : as low as RM1000 per month

3) Startup Capital for fill up entire store with daily groceries : as low as RM10,000.

I list down only important cost occur, If we want to detail it then it might have utility cost such as cost for printing your paper work, bills (telephone, electricity, etc..) and labour cost. So overall cost for setting up a grocery store can go as low as  RM10,000 to 15,000. A bigger store more likely more cost will involve.

Lets take a look at opening An Online Bookstore.

1) Registering for a domain name : as low as RM30.00

2) Getting a web hosting provider : as low as RM100

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