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10 Things All VA Bloges Must Be Thinking About.

70% of start-up VA Bloges fall flat within the first few years, and a quarter do not get through the first six months. To provide you with a better chance of surviving we have put together a checklist of the things you need to do to ensure your VA Blog is successful.

  • Sole trader or limited company? The structure you select will impact on the tax you will have to pay and how much legal and fiscal accountability you are responsible for. If you decide to be a sole trader you and your business are, in effect, the same thing, while the assets and liabilities of a limited company belong to the business, as this is a separate legal entity.

  • Define your target audience. Endeavoring to sell everything to everybody cannot conceivably work. Your company needs to focus on your target audience and all that you do, from your organizations website to your advertising campaigns, must be interesting to them. Approaching your prospective customers will make them feel they have a voice, will breed loyalty, and should increase the chances of them endorsing your business to third parties.

  • Size up your VA Bloges competition. Who else is providing the goods and services that you are preparing to do? What are their strengths and weaknesses when set side-by-side with you? By analyzing your competitors you can learn from their mistakes and also determine what their customers like. You may also learn the amount buyers are willing to pay for your merchandise, and also the way you might characterize what you offer from others that are available.

  • Get your VA Blog noticed. There is little point in a stunning idea if no-one knows about it; so how can you get seen? If you do not possess a big marketing budget, begin small and concentrate on building relationships. Use social media and online networking to start creating a good image with not just possible customers, but also local journalists, bloggers, potential suppliers, relevant companies and local business organizations.

  • Create a website. Did you know that around half of small businesses do not have a website? Many would like one, but they assume they cannot afford one or do not possess the skills to put it together themselves. This may have been accurate a few years ago, but modern web creation software means total novices can now get an e-commerce website set up quickly.

  • Decide on your USP. Consumers will only stop purchasing from elsewhere, in favor of yours, if you provide something superior or distinctive. Your Unique Sales Proposition describes what is distinctive about your goods and services, outlines what your customers cannot get somewhere else.

  • Work out and obtain the correct amount of funding. In an ideal world you would have ample money to self-fund the launch of your business, but, for the majority, that is not an option. Instead you might ask friends and family to find out if they may be willing to help, or you might look at getting a bank loan or seek out a financier. You should also find out which grants are available for your organization.

  • Write your VA Blog Business Plan. Great VA Bloges were planned that way. This is your chance to verify that each section of the business will work properly and is sensible. If it is not, do you really want to go ahead?

  • Decide how your VA Blog will sell to its customers. What is your ventures route to the market? Study all of your options, from market stall to eBay store to mail order, to a retail or mobile stand, to picking up sales at networking events or on facebook and twitter, to telesales or integrated joint ventures or simply advertising via Google Adwords.

  • Decide when you should open your VA Blog. You are ready to launch your venture but do not be too quick to quit your day job. The cash could be useful in the short-term, as it may be expedient to start putting together your business in your down time, and then make the jump once your organization can support you and is actually ready for your complete attention.

When you have to take decisions about your business you must stop and think over the following topics:

  • Is this an acceptable decision for me as well as for the VA Blog?

  • What effect will this decision have on each part of the VA Blog?

  • What might it cost and where will the money come from?

  • If there is not sufficient money in your new ventures budget, what will you give up and how will that affect your VA Blog?

  • Are these decisions reflected in your VA Blog Business Plan?

There are a great deal of questions you might want to ask yourself about the decisions you will have to make. Thinking about your choices when you are under duress may be a disaster but using an imaginative VA Blog Business Plan makes your decisions far easier to make.

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