Home – New Forums Starting your journey Help? Costs? Online business

  • This topic is empty.
Viewing 15 posts - 1 through 15 (of 15 total)
  • Author
    Posts
  • #965167
    gstevens
    Member
    • Total posts: 6
    Up
    0
    ::

    Help? Help? Help?

    I have a really good online business idea but I don’t really know where to next.

    The business plan is in the process and I have no issues with this part.

    The website is targeted to a niche market where I will provide a service for organising functions (where I see big demand).

    The issue I have is with some of the practical parts that I was hoping to get some advice?

    Firstly can someone give me a rough guide as to the costs of an online business in Australia:
    Business Name:
    Insurance*:
    Domain Name: $120/per year
    Hosting: $50/month
    Website Design**:
    Others?????:

    *In terms of insurance – will I require Public / Professional Indemnity insurance and also will I need a certain type of insurance to cover customers at these functions if we organised transport, accommodation etc – however I will be using other companies to perform these services? I will only be organising the events.
    **Also I need to develop a really good website as our main competitor has a really bad functioning website. So I need a full e-commerce website with online ordering etc and the works. I will need to get this professionally made as I have limited web skills. My thinking is that I will initially get a designer and then update the website myself? How much $$$$ would I be looking at for a website like this? I was thinking of using serviceseekers.com.au as I don’t know any designers myself?

    Any help you can give me will be greatly appreciated.

    Many thanks Graeme

    #1010457
    LeelaCosgrove
    Member
    • Total posts: 634
    Up
    0
    ::

    Hey Graeme,

    Hmmm … the domain should only cost you $15 / year – where ever you’re getting $120 from – forget it! Go to a website like crazydomains.com.au

    Business name: if you set up as a sole proprietor it’ll normally cost around $75-$80 to register the business name.

    The web design is where the cost will definitely be … there’s a bunch of designers on here … personally, I highly recommend Indra at:

    http://www.solutions-answers-results.com/

    Her websites are cost effective, but she’s ALL about making you money – understands e-commerce and marketing and has some AWESOME partners that will REALLY help as your business grows.

    I can’t tell you how much it will cost, but I know her prices are highly competitive. She did a fully integrated landing page for me for less than $600.

    I’m not going to say anything about insurance because I am not qualified to give that kind of advice … totally the kind of thing that can easily backfire on you … :)

    The other big cost you need to think about is sales and marketing. What’s your plan to drive traffic to your website and to push sales? Do you have a copywriter you are planning on using? How will you market on and offline to ensure you get the work you need to make this a self-sustaining venture?

    #1010458
    Fluidx
    Member
    • Total posts: 21
    Up
    0
    ::

    Hi Graeme,

    You can get really good deals on domain names and hosting. Google cheap domains and you’ll get a fair few results. Crazy domains was already mentioned and it’s one that is used by a lot of people i know.

    Regarding your website its best to shop around and see what’s out there. The cost will depend on what your budget is, the size of your website and the size of your shopping cart.

    Some companies set up e-commerce functions really cheap. You pay for the static website and they lease their systems out to you for a monthly fee. Others will set up a basic CMS and a pay pal account. Shop around and see what suits your business and your budget. The best web companies are those specialising in small business websites. They have more of an understanding of business and offer great advice on how to utilise your website rather than simply designing the site for you.

    Feel free to look at our website to get an idea of costs and if you’d like a quote feel free to contact me. I can also give you an idea of cost based on what we’ve done for other clients who have an e-commerce site.

    Regarding marketing, whatever you plan will always stem from who your targeted audience is and the nature of your business and product.

    With that said, what do you have in mind regarding marketing?

    Regards,
    Carlo Kasparian

    #1010459
    gstevens
    Member
    • Total posts: 6
    Up
    0
    ::

    Thanks for your comments Leela.

    I will check out Indra at http://www.solutions-answers-results.com/.

    In terms of marketing – I want to make sure that the website has a good position on google to start with. Then once I have everything in place and have my resources at capacity I will look to advertise online/print. However I will be relying on word of mouth for this niche market.

    Do you have any tips for driving traffic to my site other than SEO, blogging, etc. I am planning to get very active in blogs etc when the site is launched?

    Thanks again for your input.
    Cheers Graeme

    #1010460
    Fluidx
    Member
    • Total posts: 21
    Up
    0
    ::
    gstevens, post: 10413 wrote:
    Thanks for your comments Leela.

    I will check out Indra at http://www.solutions-answers-results.com/.

    In terms of marketing – I want to make sure that the website has a good position on google to start with. Then once I have everything in place and have my resources at capacity I will look to advertise online/print. However I will be relying on word of mouth for this niche market.

    Do you have any tips for driving traffic to my site other than SEO, blogging, etc. I am planning to get very active in blogs etc when the site is launched?

    Thanks again for your input.
    Cheers Graeme

    It really depends on who your niche is. I’m assuming it’s consumers not businesses you are targeting?

    Regards,
    Carlo Kasparian

    #1010461
    exstatic
    Member
    • Total posts: 335
    Up
    0
    ::

    Hey Graeme,

    It certainly sounds like you are motivated! Great work.. seems like you have found a gap in the market, or a part of the market you can improve on.

    Google rankings and trying to get your site to the top of search engines is an industry all in itself! It is one of those things that you have to constantly work on, because other sites are going to be fighting you for that spot.

    The best way to start is to make sure you have a well designed and set up site with fresh, unique content that relates to the keywords you want people to find your business using. This content will need to update all the time so that google knows you are an active site, with good information

    You then need to get other sites to link to your site, this is called backlinks – the idea behind this is that if other sites are linking to your site then google thinks that your site must be useful to someone. The more popular (page rank) the site that links to you is, the better ranking you are likely to get!

    I could really go on about Internet Marketing all day, its a huge topic and can be tackled sooo many ways.. but those few tips should get you started.

    Drop me a PM if you need any more detailed help.

    #1010462
    SydneyWebService
    Member
    • Total posts: 51
    Up
    0
    ::

    Hi Graeme,

    Can offer you my help with the website?

    #1010463
    ConnextHosting
    Member
    • Total posts: 28
    Up
    0
    ::

    Firstly can someone give me a rough guide as to the costs of an online business in Australia:
    Business Name:
    Insurance*:
    Domain Name: $120/per year
    Hosting: $50/month
    Website Design**:
    Others?????:[/CODE]

    A .com.au domain name typically costs $30/2 years. An ABN is required to register a .com.au or .net.au domain name.

    Web hosting can be found for less than $50/month. Shared Hosting is suitable for what you need.

    If you don’t want to spend a fortune on web design, there are sitebuilder applications out there so you can choose a template and customise the website yourself. You won’t need to know any technical jargon as it is just like creating/editing a Word Document.

    Check this simple guide out – [url]http://connexthosting.com.au/4-easy-steps-to-getting-your-website-online[/url][CODE]Firstly can someone give me a rough guide as to the costs of an online business in Australia:
    Business Name:
    Insurance*:
    Domain Name: $120/per year
    Hosting: $50/month
    Website Design**:
    Others?????:[/CODE]

    A .com.au domain name typically costs $30/2 years. An ABN is required to register a .com.au or .net.au domain name.

    Web hosting can be found for less than $50/month. Shared Hosting is suitable for what you need.

    If you don’t want to spend a fortune on web design, there are sitebuilder applications out there so you can choose a template and customise the website yourself. You won’t need to know any technical jargon as it is just like creating/editing a Word Document.

    Check this simple guide out – http://connexthosting.com.au/4-easy-steps-to-getting-your-website-online

    #1010464
    LB2
    Member
    • Total posts: 13
    Up
    0
    ::

    Hi Graeme,

    I’m also busy setting up an e-commerce business (based in Queensland), so I know exactly how you feel with regards to the questions and “where to from here” feeling:-)

    The costs of your online business will definitely vary, depending on a number of factors for example: buying existing / starting from scratch, exactly what you want to do, what type of business structure you want (sole trader / company / etc) computers, software, if you are going to employ people or not etc and even in which state you are.

    The government websites do provide a lot of information on these, in particular the costs involved in registering your business name, the licensing requirements etc. I found that unfortunately a lot of the information is still mostly geared to the traditional “physical” businesses, but they are starting to provide more and more info on e-commerce businesses too. I also found that the information are scattered over a few of the government sites, so in the meantime, you are sort of forced to search through many websites, gather bits and pieces from all of them, and then work from there.

    Some of the costs (QLD costs): I also noticed that the fees increased since 1 July 2009.

    • Business name registration: (http://www.fairtrading.qld.gov.au/register-business-name.htm):
      Initial business name registration fee for 1 year: $126.00
      Initial business name registration fee for 3 years: $241.00
    • ABN – nothing (at least this was still the case in June 2009)
    • Domain – shop around (refer to my note below)
    • Trademarks, etc (refer to IP Australia website. They have different costs depending on which route you go i.e. paper application / online application / TM Headstart process)
    • websites / hosting – varies on the software etc. Some of the domain providers also offer website hosting and website development. Important – do your homework and if possible, try and get some customer feedback on those people before you buy)

    A few things which I came across thus far which are apparently sometimes overlooked are:

    • Protect your intellectual property, even during the idea stages. If you have to disclose it to somebody that you do not necessary know, make sure you make use of a confidentiality agreement (refer to http://www.ipaustralia.gov.au and in particular to http://www.ipaustralia.gov.au/smartstart/overview.htm – you can find an example / generator under the “tools” section)
    • check with your local council too for any particular requirements and licenses they may have with regards to your new business (yes, this is even for e-commerce businesses).
    • make sure that your preferred domain address is still available
    • check your planned business name against any existing business names in the register, but also against any trademarks. (they don’t check against trademarks during the business name registration process)
    • make sure whom ever you get your domain registered with (especially for .au domain), is an accredited provider or reseller. Also, you need to register your ABN first before you’ll be able to register your .au domain. Refer to http://www.auda.org.au/registrars/accredited-registrars/ for list of accredited list of providers (I can’t remember where I saw the reseller list – sorry) Each of these providers have specials going on, so keep an eye on it, and do your comparisons. There are some that are cheaper, and then there are others who are a lot more expensive. Ps.

    A few websites that you can look at (some with very good information are):

    I know this is a mouth full – if you want more specific information, let me know :-)

    Regards,
    Leonie

    #1010465
    The Internet Bloke
    Member
    • Total posts: 131
    Up
    0
    ::
    gstevens, post: 10390 wrote:
    Help? Help? Help?

    I have a really good online business idea but I don’t really know where to next.
    Many thanks Graeme

    Hello Graeme.

    I’ve written an EBook for people in your situation.
    If you’d like to read my pre-release version and provide some feedback, I’d be happy to send you a copy.

    Please see
    http://www.flyingsolo.com.au/forums/starting-business/2161-wanted-5-technically-terrified-people-who-want-set-up-online-business.html

    for more info.

    #1010466
    Pinnacle TMS
    Member
    • Total posts: 76
    Up
    0
    ::
    gstevens, post: 10390 wrote:
    Help? Help? Help?

    I have a really good online business idea but I don’t really know where to next.

    The business plan is in the process and I have no issues with this part.

    The website is targeted to a niche market where I will provide a service for organising functions (where I see big demand).

    The issue I have is with some of the practical parts that I was hoping to get some advice?

    Firstly can someone give me a rough guide as to the costs of an online business in Australia:
    Business Name:
    Insurance*:
    Domain Name: $120/per year
    Hosting: $50/month
    Website Design**:
    Others?????:

    *In terms of insurance – will I require Public / Professional Indemnity insurance and also will I need a certain type of insurance to cover customers at these functions if we organised transport, accommodation etc – however I will be using other companies to perform these services? I will only be organising the events.
    **Also I need to develop a really good website as our main competitor has a really bad functioning website. So I need a full e-commerce website with online ordering etc and the works. I will need to get this professionally made as I have limited web skills. My thinking is that I will initially get a designer and then update the website myself? How much $$$$ would I be looking at for a website like this? I was thinking of using serviceseekers.com.au as I don’t know any designers myself?

    Any help you can give me will be greatly appreciated.

    Many thanks Graeme

    Hi Graeme

    A few people have briefly touched on IP but you should arrange a search of the Trade Marks Office records on your proposed name because if you register a business name and domain name but someone else has the same or similar trade mark for something similar, then you may have to start again. Another thing to think of is if you are going into another country, someone else may already have a relevant trade mark that may stop you from using the name there. There are several people on here that offer trade mark services like me, but happy to quote/answer your questions if you need help.
    Cheers, Suzanne
    Pinnacle TMS Pty Ltd
    [email protected]

    #1010467
    BrettM33
    Participant
    • Total posts: 1,372
    Up
    0
    ::
    Pinnacle TMS, post: 68346 wrote:
    Hi Graeme

    A few people have briefly touched on IP but you should arrange a search of the Trade Marks Office records on your proposed name because if you register a business name and domain name but someone else has the same or similar trade mark for something similar, then you may have to start again. Another thing to think of is if you are going into another country, someone else may already have a relevant trade mark that may stop you from using the name there. There are several people on here that offer trade mark services like me, but happy to quote/answer your questions if you need help.
    Cheers, Suzanne
    Pinnacle TMS Pty Ltd
    [email protected]

    You do realize this thread is almost 2 years old?

    #1010468
    Pinnacle TMS
    Member
    • Total posts: 76
    Up
    0
    ::
    CondorCreative, post: 68394 wrote:
    You do realize this thread is almost 2 years old?

    Thanks for pointing that out!! Haha well I am new to this ….. :-)

    #1010469
    Tinkie
    Member
    • Total posts: 22
    Up
    0
    ::

    It’s good that this was bumped up again, so that I could read it :) as a refresher …

    #1010470
    Pinnacle TMS
    Member
    • Total posts: 76
    Up
    0
    ::
    Tinkie, post: 68929 wrote:
    It’s good that this was bumped up again, so that I could read it :) as a refresher …

    Thanks for that – I don’t feel so bad about missing the dates then!

    Cheers,
    Suzanne

Viewing 15 posts - 1 through 15 (of 15 total)
  • You must be logged in to reply to this topic.