Small Online Business >> Virtual 'Work Anywhere' Lifestyle

Could Your Business Processes Cope With a 500% Increase in Volume?

You never know how your business systems will survive until you test them at their very limits. Here’s what we learned from the Christmas rush.

If something is easy and makes enough profit to outsource the labour that goes into producing it, there will be competition, lots.

Many online sellers start with a product related to their passion. But does it make better business sense to identify the product first?

Really now, who wants to admit that they probably don’t have the numerical skills to understand pricing or cash flow?

If you imagine your business as progressing through a series of major releases (1.0, 2.0, etc.), which version are you on now?

Being transparent means you can’t hide behind a rip-off business model which is going to make you rich on the back of little work or talent.

Business seems like a fight a lot of the time – and I don’t like fighting. So is the conclusion that I’m no good as a businessman?

Experiment with novel business models. Then, when people ask “How do you make any money out of that?”, just tell them you don’t!