Treat your Business like a Business
by Franz
Do you intend to treat your online business like a traditional business? As we start to build an online business, we become aware that there is a certain specific set of rules that you need to follow with an online business.
Perhaps one of the important rules of success for an online business is to treat your online business, like a traditional business.
Ask yourself some questions to check if you are treating your online business like a traditional business.
- Do you work on your online business every day?
- Do you put a similar amount of effort into your online business, that you would have put into a traditional business?
- Are you investing resources such as time and money into your business, to give your business a chance to grow?
- Have you created a plan? Do you know what you want to achieve with your online business?
- What are your timelines? In how many months would you like your business to break even? In how many months would you like your business to show a profit?
- What are you going to do in order to turn a profit from your online business?