Many of us now run an online business. It’s no longer just larger companies that have an online presence. Small and medium-sized enterprises focus a lot of their time and money on their online strategies, and many new businesses start solely online, with no form of brick and mortar storefront. The growth of online business means that protecting yourself legally, financially and from cyber-crime is more important than ever. While a large company has lawyers and accountants to look after the financial and legal elements and can handle the costs of cyber-crime, smaller businesses can struggle.

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If a small company failed to get the right protection and found themselves at the mercy of a cyber-attack, or a lawsuit from a disgruntled customer, they could quickly find the associated costs, not to mention the hit to their reputation, too much to bare. In those all-important early years, this could finish your business before it even has a chance to grow.

 

Manage Customer Data

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If your website takes any information from customers, you must protect it. For some information, such as their email addresses, this can just be a case of not passing their details onto any third parties and ensuring your website is protected. If you take bank information and other sensitive details, you may need further protection.

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What’s your reason for becoming an entrepreneur?

I want the real reason and not some response about how you’re meant to be an entrepreneur.

You made the choice to become an entrepreneur because you wanted to pursue the opportunity of making a lot of money.

And there’s nothing wrong with that source of motivation.

I’d like to ask you, though, “what activities are you using to make money?”

This is a question that must be asked because if you aren’t making money as an entrepreneur, then you’re wasting your time.

The flow of money into your business is dependent on marketing and sales.

Therefore, you need to create an effective marketing strategy that efficiently converts prospects into customers.

You might be saying out loud as you read this, “that’s easier said than done!”

I’ll take that response of frustration as indication that you aren’t experiencing the sales you’d like to have.

There’s probably multiple reasons as to why your lack of sales is occurring, and I can go on at quite a length discussing those issues.

Instead, I want to focus on giving you a great solution to your sales woes.

Read More Are You Generating Quality Leads with Online Quizzes?

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Expanding your ecommerce business is an exciting time. You’ve watched your baby grow from an idea into a fully fledged company that’s making sales. And now you’re at the point where your current model is too small to handle the amount of customers that you’re getting. It’s a great position to be in. Expansion brings all of the excitement of opening new locations, breaking into new markets and seeing a massive spike in profits. But it isn’t all fun and games. You’ll also have to deal with a million tiny details if the expansion is going to run smoothly. This is a quick guide to the nuts and bolts of business expansion.

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Your home business might be doing well, but maybe it could be doing even better if you started selling your services online. If, so far, you’ve been relying on clients you know and word of mouth, taking things to the next level is essential. You don’t want your business endeavor to stagnate or fall behind. So, here’s what you need to know if you want to make sure that your business goes further in the online world.

 

Why Should Your Home Business be Online?

First of all, let’s think about why your business should be online in the first place. The best reason is Google. These days, when people want to use professional services, their first port of call is the world’s most popular search engine. If you don’t even have a website listing your services, you are going to miss out on custom. It really is as simple as that. There might be some people who rely on recommendations from friends and colleagues. But that’s not the case for most people.

You will be severely restricting the future chances of your business if you don’t embrace everything the online realm has to offer. That’s not a very good business model; I’m sure you’ve agree. So, you really do need to make sure that you’re present online if you want your business to achieve more.

 

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The growth of online business has opened new doors for entrepreneurs from all backgrounds. However, there’s no doubt that clothes retailers have been among the greatest beneficiaries. Whether you want to distribute existing fashion label or create your own, it can be a very lucrative market.

 

Then again, with so much competition out there, it’s imperative that you follow the right pathway. First and foremost, you need to appreciate the need for starting capital. Visiting smallbusinessloans.co will open your eyes to the possibilities. Given that you’ll need money for stock as well as marketing, skipping this essential step is simply not an option.

 

The money will give you a good starting platform, but it needs to be used wisely. Wasting money is simply not an option in those early stages. If you can operate the bulk of those activities from the comfort of your home, you should do it. As long as the stock is stored suitably, you should be just fine.  Read More Tailored For Success As An Online Fashion Retailer

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Nearly 85% of businesses have a multi-cloud strategy in 2017, and the numbers for single cloud users is even higher. It is percentages like these that make companies flock to cloud computing in their droves. After all, it is important to keep up with the competition, and more than 80% of business can’t be wrong, can they?

 

Well, the answer is yes they can. With a little more digging, it is revealing to find that private cloud users fell to 67% this year. Although that is a large majority, the stat is down from 77% in 2016.

 

So, why are businesses making the switch away from cloud computing if the positives are wide-ranging? The obvious answer is that the cloud is not as infallible and people might suggest. With that in mind, below are a few reasons not to take to the stratosphere this year.

Read More Reasons Not To Take A Business Into The Clouds

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If you’ve made the brave decision to set up your own online business; congratulations, you’re at the start of what could be an exciting and rewarding journey. As a budding entrepreneur, you’ll be aware of how competitive and highly saturated the online space is with an array of business and new companies. Therefore, it’s vital that you find something that makes you happy, and a niche that will help to push you through any difficult challenges that may (and probably will) lie ahead. The following are some tips and ideas to look at if you’re thinking of starting a fledgling business that will bring you joy and happiness.

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