You\'re about to start planning a party, but don\'t know where to start. You run to the grocery store, looking at this and that, deciding on a few things you may need, knowing the whole time you\'ve forgotten something. Now it\'s time to head over to the local department store for some decorations. You follow the same unguided principles you went through at the grocery store. Then once again you missed a few things at the liquor store.
Checklist 1: Proper Planning Lays the Foundation The first item in starting an online business checklist is to determine what kind of internet business you want to start. Do you want to start an e_commerce store to sell your own products? Do you want an information website that will make money though advertising or a membership website? The next thing is to identify your target market and study it to determine their unmet needs. Study your competition to get an idea of the needs of your target market not met by the existing businesses. This will help you decide the kind of services to offer your target market and in selecting your site\'s domain name. After you determine the viability of your idea, write a business plan for your online business.