If the business owner seeks funding, it lists the amount required and the projected return on investment for the online business. You should learn creating an e-business plan to avoid legal and financial liabilities, how to conduct business securely, how to protect your privacy, and how to adhere to copyright and tax laws.
For example, the Arkansas Small Business and Technology Development Center website provides a short online quiz to help you decide if you meet the prerequisite conditions for building an eCommerce business plan. After learning about other businesses, write a description of how you plan to differentiate your eBusiness from others.
Alternatively, the Small Business Administration provides an online wizard to generate a plan for you. List the types of product advertising campaigns, delivery strategies and product pricing plans that you plan to employ.
Company Description The company description section of an eBusiness plan describes how the business owner plans to organize and manage his company.
List the type of equipment, such as hardware and software, needed to run your eCommerce business. List promotional information you plan to publish on your website, such as free newsletters, complimentary tools or online chat sessions and webinars. Market Analysis To conduct a market analysis for your eBusiness, research online companies serving the industry in your area of expertise.
List details about how you plan to develop and market your product online. Specify if you intend to buy and manage your own web servers or contract with another company. Define the time line for building and deploying your eCommerce site, breaking down the costs for each phase.
Describe how frequently you plan to update your website. Use web analytics tools, such as Omniture, WebTrends or Alexa, to obtain traffic metrics that help you focus your business and respond to customer buying patterns.
Consider deploying a virtual shopping experience or event using a 3D world technology, such as Active Worlds, Metaverse or Second Life. An effective eBusiness plan proposes a strategy for shipping products overseas and handling taxes, duties and international laws.
Financial The financial section of an eBusiness plan states the budget. Create an executive summary that describes the product or service. List any risks you anticipate, such as competitor product introductions or production delays.
It can list free or low-cost tools as well. Open a new document using word processing software to write your eCommerce business plan.
Use this section to identify your competitors and how you plan to differentiate your site. It also describes a plan to collect sales taxes when necessary. Describe the staff knowledge and skill requirements necessary to design and maintain your website.Within the overall outline of the business plan, the executive summary will follow the title page.
The summary should tell the reader what you want. This is very important. The e-Business Plan Tutorial is a set of lessons that guide you through the process of writing the various sections of your business plan.
Typically, each lesson begins. In this article, we’ll dive into the key elements of an e-commerce business plan, which is very different than writing a traditional business plan. In this article, we’ll dive into the key elements of a startup ecommerce business plan, which is very different than writing a traditional business plan.
Creating a short, crisp value. 4 Create a New Business Plan Writing an eBusiness plan for an eCommerce company typically involves creating a document to use to obtain financing and start the business. Using the resources and tools provided from mentoring organizations such as ultimedescente.com, small eBusiness owners can develop a comprehensive eBusiness plan to get an online business up and running efficiently.
We would like to show you a description here but the site won’t allow us. How is an e-business plan different from any other business plan? A business is a business and a plan is a plan, so most of what you expect to see in a business plan will also be in an e-business plan.Download