Blog

Taking the Time to Tune Up Your Online Business

Tuning up your online business

When some individuals start an online business they are under the misconception that the business will basically run itself. They soon discover this is not the case and this online business entity demands some ongoing attention. That is if you want the business to be a successful one.

Being successful online comes with many learning curves. You will be shocked at how the hours fly by when you are learning something new in regards to the virtual segment of your business. It is important that you take this time because in order to make the online business work well you need to automate as many of the tasks as possible. For example, if you ship products then you can use automated systems for labeling and scheduling.

Knowing what your competitors are doing is also a key to scaling up your business. With the internet this is easy to do but again it takes time. You need to compare yourself to them in regards to who is doing the best on the internet and if it’s not you then find out why.

The goal is to make your online offerings as easy as possible to access and purchase. You must create a pleasant shopping experience. In order to do this you really need to pay attention to your website to see if it’s full of important information that is of value to your prospective customers. Is it easy for them to find what they want. Are they able to make a purchase with no hassles or having to deal with complex payment platforms that don’t work properly?

You will need to keep a closer eye on your customer service for your online business. Visitors don’t get to see that friendly smile of your sales reps, or their willingness to help. You need to portray this in a virtual manner. This is done with a website that answers questions, and has a warm and friendly atmosphere about it. There should be an easy way for visitors to contact you without having to wait several hours or days for you to get back to them.

For the back end of the business you need to learn how to analyze your efforts. You need to know what is working for you and what isn’t. You need to constantly track this otherwise your business standing on the web could slide very quickly.

Always keep yourself updated as to what is new for online businesses in regards to making their presence known on the net. Don’t forget that your online business has to follow the same rules and regulations when it comes to its bookkeeping and accounting needs as an on land business does.

Share Your Thoughts!

Contact

Sam Seidman, CPA, CA, LPA
629 Sheppard Avenue West
Toronto, Ontario
M3H 2S3

Telephone: (416) 398-1700
Fax: (416) 398-6226

Chartered Professional Accountant, Chartered Accountant, Licensed Public Accountant

Email: sam@torontoaccountant.ca

Contact Sam today

The information provided here and throughout the site of TorontoAccountant.CA is intended for general tax information only, and should not be misconstrued as a legal source of information regarding your tax situation, or be used for any other purposes other than for general information.
Sam Seidman, Chartered Accountant - Copyright ©2013. All Rights Reserved.