Before starting a company whose main purpose is going to be trading, you need to determine the structure that business will have. There are several legal considerations with each of these structures, with their respective advantages and downsides, from decision making roles, the way taxes are handled, recordkeeping and liability. The simplest form is the sole trader, requiring minimum … [Read more...]
106 Online business ideas you can start today – Entrepreneur Handbook
The Internet and digital, online platforms made it much easier to start your own business. The initial investment is much lower on average, as compared to only a couple of decades ago. Additionally, your prospective customer base is easier to reach, and it may include global markets. Thanks to technology, many businesses can be managed from the convenience of your home. This will cut down on … [Read more...]
Digital business: transformation, disruption, optimization, integration
The look of traditional business has changed significantly over the last few years, becoming more and more digital. Businesses must strive to stay on top of ever emerging technologies to keep up and not lose their customer base to others. It is important that as these businesses adopt new technologies to integrate them in a way that improves efficiency and doesn't leave them swamped under the … [Read more...]
Where & How to Sell Online: 10 Best Online Marketplaces [2020]
It is quite clear that e-commerce is winning the war against brick and mortar stores. Digital presence is important for survival of most businesses, regardless of their size. When starting your online sales, first step you should do is decide which products have good margin when sold online. Not every product is convenient or profitable to be sold this way. Choosing the online platform is also … [Read more...]
Online Business Ideas You Can Start Quickly
Creating a novel online business idea is a great way to put yourself on the path to success. However, you can be successful with an online business that is not that unusual or innovative. Current pandemic has changed the way we work, and this is a good opportunity to use the situation to your advantage and market your skills. As digital markets explode in their growth, being a consultant for … [Read more...]
‘Infodemic’ puts social media platforms under heightened regulatory scrutiny | digitalbusiness.law
With many of us more connected than ever on the internet, we are also taking in more questionable news than ever. Thankfully, social media platforms are beginning to buckle down more and verify the legitimacy of political and health related posts, to decrease the amount of misinformation being spread. Popular social media platforms are under the spotlight at the moment, and their responsibility in … [Read more...]
How to Start an Online Boutique from Home | Ultimate Guide
The reasons for starting an online boutique is because everybody wants style but not everybody has it. It's important to share your style with everybody if you are wanting to start an online boutique. they are largely female based and a lot of females are going to want their to be a theme to your boutique. To get started, pick a theme, then choose your domain name. then you will want to move onto … [Read more...]
An Easy Step By Step Guide On Starting A Website –
Starting a website doesn't have to be hard or even impossible, it can be a simple experience if you just break it down into steps. Two of the most important aspects of building a website is choosing a domain name and a extension for your domain. You will want to pick something that is unique to your brand. If the name you choose is taken, you can try to buy the name, or come up with slight … [Read more...]
Smart Contracts for Smart Lawyers? | digitalbusiness.law
The idea behind contracts is a good one, but now there are apps out there that you can utilize contracts without all the paperwork. The paper work that is used now is extensive and there is just so much of it, but an app could simplify it. A lawyer and an app can coexist, so if anyone is afraid of a contract not doing as well without all the paper work, then they have nothing to worry about. Key … [Read more...]
How to Plan a Creative (and Profitable) Black Friday Cyber Monday Promotion
If you want to plan something creative for black Friday and cyber Monday then you will want to do something a little different from the times before. People are going to be doing a lot more online shopping than normal this year and you will want to stand out from the competition. Don't offer store wide discounts because then your audience will get bored with that pretty quickly. Offer different … [Read more...]