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I have a confession to make. This is my second Internet business, and I’m starting it having learned from the mistakes I made in the first one. I took a course at the Small Business Administration on business management and planning, and I’m amazed at how many things I did wrong the first time. Consider this a blueprint for avoiding the mistakes I made.

I cringe at it now, but when I look at my first business plan, it was a disaster, and it wasn’t (in retrospect) that my internet business failed spectacularly. I hadn’t put together a realistic budget, and I’d just assumed that marketing would “happen on its own”. I took out a loan, based on a second mortgage without identifying where the revenue potentials were.

A key aspect to making your internet based business is getting on the web in the first place; you’ll need a web designer for that, or you can learn it on your own. We’re going to be iconoclastic here, and suggest that it’s worth your time to pay someone to do this for you. The primary business case for spending money on outside people is whether or not they can do something you can’t, or whether they can do something you can do - but free your time up to do something else. Even if you’re an HTML and CSS guru, if you’re starting your own business, having someone else do the grunt work of designing the site is worth the time.

About the only thing I did right last time was learn the ins and outs of using Register.com for setting up my domain names. My designer helped me find a hosting provider who could install the software I wanted to make this all work, which helped a lot.

Internet speed is one important aspect of My Internet Business Pre-Launch plan that I think many people do not take into consideration. No one surfing the net will want to wait a long time for your page to load onto their computer. So unless you plan to only target customers with high speed internet access, remember all the glitz and flashiness will not matter much to those who do not have the time to load it.

When designing the site (or working with the designer), remember the KISS principal: Keep It Small, Stupid. No matter how shiny the graphics are, no matter how whiz bang the Flash animation is, your goal is to have something that loads almost instantly. Take the time to hit your site with a dial up modem; if it takes long enough that you wouldn’t wait for it, make a low graphics main entry page and work from there.

So, the next step, after the site is up, is bringing in visitors. This is the marketing part of the business plan, and near the end of the pre flight check list. In most cases, this means getting your shop into the top twenty results for a search engine keyword hit. There are countless articles on how to do this, but the realistic way to do it is Google Ad Words.

Traffic building is still something of a black art, but I’m focusing on keyword ad buy purchases - and believe it or not, advertising in the Daily Nickel newspapers. Since what I sell is household items, and tips on home organization, it’s a natural mix of old style advertising and new. I also make sure that I’m in the Organizer’s Circle of blog referrals, which helps a lot on getting on to social networking sites and builds relevance ratings.

Last 5 posts by Trisha Frauenhofer

• Online Advertising Marketing With Squidoo Makes Perfect Sense - June 6th, 2008
• You Too Can Build Traffic In Online Advertising Marketing - May 18th, 2008
• Affiliate Marketing Advertising Keys For Boosting Subscriber List - May 16th, 2008
• My Internet Business Review Options For Webpage Prelaunch Sales - May 16th, 2008
• Web Marketing Services - Guidelines To Increase Profits - May 13th, 2008

Tags: Internet Marketing