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Groundwork
Research the latest trends.
Determine the type of e-business you want to start.
Identify your target market.
Figure out who your online target market is and get to know them.
Assess your competitors' websites and determine your point of difference.
Determine the gap or market need your online business will meet.
Assess the viability of your online business idea.
Determine the skills and expertise you will need to establish and run your business online.
First Steps
Educate yourself on e-business and e-commerce.
Write a comprehensive business plan.
Assess the level of start-up capital you require.
Decide on a product name and domain name for your website.
Buy the domain name.
Choose web hosting service.
Register your new business or company name.
Set-up an office premises.
Source office equipment and technology.
Decide how you want to acquire your products.
Setup a business banking account.
Set up a credit card merchant account.
Select a shopping cart software program for your online store.
Select a Web design firm
Begin building your website.
Finance and Legals
Raise finance for your online business.
Apply for any required licences.
Investigate legal considerations of doing business online.
Check government regulations with regard to online selling.
Purchase appropriate business insurance.
Investigate your taxation options.
Running your Store
Determine kind of online services you will offer your customers.
Set-up e-commerce software to enable online transactions and sales.
Test your website for usability and implement any required changes.
Recruit staff if required.
Set up electronic business systems.
Set-up a shipping solution to distribute goods ordered online.

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Online Store Checklist

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