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Growing Your Online Business 101 The overall goal from any online business is to make money. It is what you do with this income that will determine if you will do well with your online business. The 1st priority is to expand the business. If the business can stand on its own, then pour every single red cent of profit from the business back INTO the business for it to expand. There are two types of expansion when it comes to online businesses: quality or quanity. Quality Increasing the quality of your online business is simply enhancing your existing sites. That can mean buying links, purchasing software that could increase income, buy directory submission software, etc. Quanity This is self explanitory. Increase the amount of sites you already have. Expenses You started your online business before it was generating any income, so you were supporting the business fully. Do not be tempted to use the business's income to take over for any business created expenses. Reinvest ALL income back into the business with the goal to create more income in the months ahead.

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Contributed by maskedman on April 28, 2008, at 3:57 PM UTC.

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