Threat in Internet Business – New Entrance of Competitor

In any business environment, there are threats around that either prevent you from doing more business or expansion. This negative elements applied to Internet Business as well. Some of the typical examples of threats in a business is the forces from competitors. Like Michael Porter's 5-Forces of Competition is one good example of threats that prevent you from moving forward with your business. However, all these threats are quite visible and there are time for you to counter it either eliminate it or at the least reduces its impact to your business. Similarly, in an Internet Business, you will face...

Start a Business From the Ground Up – Do I Have the Money?

Money is the lifeblood of business. Most startups always starve for cash. It is easy to lose track of how much money needs to be spend on a dream amid the startup euphoria. Because the chance that all invested funds will be lost is very high, the question "How much Money I am willing to lose in a start up?" has to be answered in the pre-start up stage. The most reliable source of money is you. Find out how much cash is available to you in the very beginning. Your sources are personal savings, valuables that can be converted...