The Best Way to Budget for your Online Business

Posted on August 26th, 2008 in Affiliate Opportunities, Business Opportunities, Business Tools, Getting Started, Home Business Ideas by Carol Aston

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Hi again everyone,

Ok, so you’ve decided to start your own business online, picked the program and have been going through the training.  Notice anything? Every so often you are going to be advised to join one program or another or buy certain software to help you succeed, this is where problems can start, especially if you are on a tight budget .  The best way to budget for your online business is to decide what you really must have to get started.

The program you decide on should be free to join or low cost, all the best programs are. After that you are going to need a web host, a domain name and an autoresponder. A good web host will let you register your domain name with them, which makes athings a lot simpler in the long run.

By using an autoresponder you will have the added bonus of creating an email list which will help convert your website visitors into subscribers.  Once you have subscribers to your email list you will then be able to convert your subscribers into paying customers.

That’s it! A web host, domain name and an autoresponder are the only things you are going to need to pay for to start with. How many offline businesses can you set up for less than $50 a month?

Once you have these you can build your website..you can download free templates if you need to and edit them with a free HTML editor , and start to promote your business using blogs (free), writing articles (free), using social networking sites (free) and traffic exchanges (free).

I’m off on holiday for ten days today but will go into more detail about all the above when I get back..I’m going to try to keep away from computers and just rest and relax..hmm, we’ll see…

Until then,

Take care,

Carol

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7 Responses to 'The Best Way to Budget for your Online Business'

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  1. Internet Business Ideas said,

    on August 28th, 2008 at 11:19 am

    Carol,
    This is a very good article and very informative. It is very easy to loose your head with all the opportunities out there and a budget will keep you organized.

    Tanny
    Internet Home Business Ideas and Opportunities

  2. PlugIM.com said,

    on August 28th, 2008 at 6:34 pm

    The Best Way to Budget for your Online Business | Home Earners…

    The Best Way to Budget for your Online Business…

  3. Jeeny said,

    on September 18th, 2008 at 5:23 pm

    Thanks for nice article and nice tips, now I can think twice before i will join or add each affiliate program to my site straw hats

  4. Graham B said,

    on November 8th, 2008 at 7:17 pm

    Good tip on sticking to a budget. Its easy to get hooked on buying every program that comes into your inbox. I attended the World Internet Summit in London 2006 and Mike Filsaime was one of the speakers.
    His topic was FOCUS and his advice was to focus on one thing at a time until completed, and it works. I didn’t start making money until I applied that advice and I’m ashamed to say it was not immediately after the summit.
    Free Work From Home Training
    Videos

  5. S Pressnell said,

    on November 18th, 2008 at 10:50 pm

    As a newbie, I really need to work on the focus and budget areas. Thanks for the great article.

  6. Barbara Tomsett said,

    on November 25th, 2008 at 8:57 pm

    I found a good teaching course and went from there, as I didn’t have a clue how to build a website. That helped incredibly.

  7. Michelle Wallis said,

    on November 26th, 2008 at 1:25 am

    Hi Carol, oh too true, thanks for reminder about staying foccussed . It is a real art, and I need more practise.
    Especially as family sometimes need reminding that I am truelly working. Distractions can be the killer of my time. Great article.

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