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Posts Tagged ‘business plan’

Large Website or Small Website for Your Company’s New Business?

January 29th, 2010

You are the owner of a new online business, and the last thing that you need is one more decision to make. Unfortunately, I have one more thing for you to ponder: What should be the size of your first website?

There exist two schools of thought on this quandry and both have data to support them. Of course, if we automatically knew which was the preferred way to proceed, there wouldn’t be a decision that would have to be made at all.

I must emphasize that this issue is not related to how large you want the business to eventually become. Companies that follow either approach can both eventually become quite large and successful. It also is not necessarily impacted your target niche. The planned size of a website in the beginning can lead to ultimate growth and financial success of the business as a whole.

I should alert you that reading this article will not automatically give you the right answer to this particular question of size. Instead, what I hope to provide is a set of some things for you to consider so that whether you build a small website immediately or lay the groundwork for a mega-site, you’ll understand that decision’s impact upon key variables now and in the future.

Small, mini-sites are focussed upon one narrow sub-niche. Generally, they concentrate upon dominating a relatively small number of keyword, often long-tailed phrases. Often the business model of such sites calls for the generation of traffic through means other than organic search engine optimization, although this is not always the case. Indeed, sometimes a mini-site becomes remarkably well optimized for those particular targeted keywords.

On the other hand, sites that begin with the ultimate design of growing very large are often focused simultaneously upon beginning with highly targeted long-tail keywords and also beginning to build a reputation for those shorter, high traffic search terms (the “parent” keywords, if you will). While the traffic model may begin with approaches other than organic search, the business will consciously focus from the beginning upon eventually relying increasingly upon traffic from organic search results.

The two approaches call for different models of long term growth, although both may begin largely concentrating upon a relatively narrow slice of the market. Those who have taken the mini-site approach, will begin to duplicate their success by building a new, small site in another sub-niche with a new set of long-tailed keywords. Large site businesses will instead build another section onto their growing original site. This new section, over time, is joined by others (think of new departments being added to a sporting goods store, for example). Each new section takes on a new sub-niche. So, as the big sites grow ever larger with more and more categories, departments or silos, the business with mini-sites might create twenty or fifty or a hundred individual “storefronts.”

Positive cash flow can be established sooner with the small site approach. Part of this is due to the larger site having to invest resources in chasing the higher level keywords, which the mini-site is likely to ignore. In the long run however, over the course of many months or even years, the mega-sites can become competitive for the high traffic keywords and might even become recognized as an authority in the broadly based market.

I’ll point to three practical ramifications of how you decide to approach this business decision.

The first has to do with start up cost. When you plan to build a large site, the architecture of the whole site (as it will eventually become) must be in place. Consequently, although the mini-site and the eventual mega-site may be the same size at launch, the model for the larger site costs more at start-up. Mini-sites are much less expensive to build than it is to build the foundation for a larger business site.

A second practical difference pertains to your approach to keywords. Your keyword research for a small site will be undertaken to locate a limited number of closely related long term keywords. Special attention will be given to those keywords that are likely to convert immediately If you opt for the silo site, you will be splitting the focus of your keyword research. In one way, you will be imitating the search of your small site competitors by looking for those longer tails that are higher converting, but you must also identify all of the high traffic keywords so that you can begin to attract visitors who are gathering information rather than ready to make a decision to buy or sign a contract.

The last practical ramification has to do with page rank. The number of pages in a site is one of the variables that is part of the page rank algorithm, assuming the internal linking structure of the site is well optimized. Consequently, it is easier for a large site to achieve a high page rank than for a small site, although you must remember that other variables are even more important in maximizing the total page rank.

I trust that I have given you some things to think about and apply to your unique business situation, even though I have not provided any clear cut decision with respect to which alternative is best for you.

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Earn Cash On The Internet Today

December 18th, 2009

Have you done this before? Stood at the edge of a swimming pool or lake but refuse to leap in for fear that the water is too cold. Knowing full well that when you were in the water and your body has time to adapt to the new temperature, things would be particularly comfy. But that information did not truly help you to really make the jump did it? Starting a SOHO business to earn income on the internet can be a lot like jumping into cooler water. The only possible way you will ever do it, is to simply decide to leap in and go for it. This may seem a bit cliche, but that doesn’t change the incontrovertible fact that the only real way to make money on the internet is to just go out and do it.

However, this doesn’t mean that you must jump into the small business game foolishly and unprepared. I don’t believe you would consider leaping into the Arctic sea without donning the proper survival gear first. And nor should you jump into starting a SOHO to earn money on the web without some proper planning and preparation. Making certain that you have got a solid business plan, the proper tools and a clear direction will lay a solid foundation from which to build your future success from. don’t get stuck in preparation – know when you are prepared and do not be scared to take that jump. If you want to make money at home, you need to do something.

When you’re ready to take that jump, do so without hesitation. If you hesitate, you could miss a possibility that only comes by once. There are an endless variety of reasons why you might imagine you should wait to start a small enterprize, but it only takes one to start today and earn money on the web for years to come. You’re the only one that will decide if you are ready to start a SOHO business, but do not over think it or you might never get started. Many less-qualified people than you have successfully started tiny enterprises and learned how to make extra money, now it’s your turn.

So there you are, standing on the edge. The issue is – are you ready? Starting a small business to earn income online can be one of the most inspiring and fulfilling things you may ever do. But on the other hand, it may also be terribly distressing if you miss your opportunity and jump in too late.

Sadly, there isn’t any guarantee of success when starting a business but we will be able to actually stack the cards well in our favor by joining a reputable business startup training program or maybe launching a turn-key business system so you can hit the ground running. Are you ready? Today is the day to earn money on the Net. Take in a deep breath and jump, you won’t be sorry about it.

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Creating A Business Plan For Beginning Your Own Business With Affiliate Classroom 2

August 22nd, 2009
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A professional business plan is necessary when you want to launch your own SOHO. There are numerous reasons that not only banks but also investors require such a document and this is to evaluate your objection for success, financial proposals and operation guide for your new small business.  That’s why Affiliate Classroom 2 suggests you start with it.

Business plans commonly have 3 major sections plus the coversheet, table of content and an executive outline. Your business plan should be in length according to your growing businesses. If it takes you countless pages to provide an explanation for the side of your SOHO then so be it but keep in mind that people do get bored of reading page after page of documents, attempt to decrease the wording in your business plan as much as possible.  

The following is some useful proposals from Affiliate Classroom 2.0 as you construct your pro business plan: 

How many pages should my loan request be?  

Your tiny loan request should be ten pages or less with adding in the attachments. If you are seeking a tiny business loan, bear in mind that most formal lenders will accept a summary sheet along with the loan application. You’ll often need three years of revenue as well as tax records for small loans.  

The business plan cover page 

This page is solely for identifying your business from the others. Include your company name, symbol, contact information, address, and the names of principals.  

The business plan executive summary 

This is nothing less than a summary of the remainder of the plan. It should be placed first in the business plan but it placed last within the business plan. This page is what backers and banks will very definitely read your business plans turns into a sales proposal when presented to other people for investment purposes.  

Do not forget your supporting paperwork 

Supporting paperwork are very important for Affiliate Classroom 2.0. Ensure that you attach copies of these to the business plan. These will be documents will prove your points on many subjects in the business plan. Also include any professional licenses you could have, contracts, resumes, leases or even company brochures you might have created for the business you would like to start. Promotional material is often a good addition as well.

Hiring a professional to construct your business plan 

Let us face it; beginning a SOHO business can be very demanding as well as stressful. If you don’t want to deal with the particular writing of a business plan to present to possible stockholders then look into hiring a pro strategic expert to perform this for you. Keep in mind this can cost sometimes large costs and most strategic consultants charge by the hours. Make sure you examine the contract carefully while reading the small print.

Also see: Affiliate Classroom 2

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