Choosing A Business Model For Your Online Business

Written by Leigh Butler


Choosing A Business Model For Your Online Business (c)Copyright 2004 by Leigh Butler http://www.onlinebusinessresources.net

Whether you already have an online business or would like to start one, developing a business model is a must. A business model spells out how you are going to generate revenue from your business.

If you really want to succeed online, then your must determine how you are going to generate revenue and make profit. Otherwise you won't be in business very long.

According torepparttar small business administration, about 50% of small businesses fail each year, and 95% of small businesses fail withinrepparttar 104649 first 5 years. I'm sure you don't want to be included in those statistics.

That's why if you haven't done it already, you should choose a business model, now. Ask yourself, how will my online business generate revenue?

Here are 3 business models frequently used for online businesses.

1)The Ecommerce Model

Revenue is generated by selling goods or services overrepparttar 104650 Internet. Examples of goods and services include products such as ebooks or candles and service such as consulting or virtual assistance. Selling products from affiliate programs would also be considered ecommerce. This is not an exhaustive list but it should give you an idea of what ecommerce is.

2) Content-Rich Model

Revenue is generated by selling advertising on your site or in your ezine. Lots of quality content is provided to visitors/subscribers to attract them and to keep them returning to your site or subscribed to your ezine.

10 Things Managers/Supervisors Should Know When Dealing With Staff

Written by Rick Yost & Lorna Reitberger


When dealing with staff, whether it's in a cafe, gas bar, clothing store, etc, it can be frustrating sometimes. Butrepparttar staff is only as good asrepparttar 104648 management is! Worth repeating, often a management person forgets this and expects something fromrepparttar 104649 staff that they themselves fail to supply. So below are a few helpful examples to think about if you'd like to retain a content and happy staff. 1. If you have to have a grievance with a particular member of your staff, Don't do it in front of customers. Surprisingly this happens alot. 2. As well, don't do it in front ofrepparttar 104650 other staff. Setting an example you think or maybe creating an atmosphere of discontent would be a better description. Not only have you embarrassedrepparttar 104651 person butrepparttar 104652 other staff has now realized they could be next. 3. Set positive examples to your staff. If you're positive, they'll be positive 4. Try to always address your staff by their name. Personalization always creates warmth and a warm person will always try harder. 5. Simple common courtesy like please and thank you go a long ways inrepparttar 104653 managerial field. We all want to be treated like a human being.

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