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Do You Know How Much Your Home Internet Business Costs You?

Do You Know How Much Your Home Internet Business Costs You?

You may be really surprised, after spending time in forum discussions related to internet business expenses, to find out just how few people know how much they are spending on their internet based home business.

By reviewing it from the standpoint of time and money let's see if we can analyze the question how much do you spend or what does it cost to run your internet based business.

The Internet is a great leveler in that it does not discriminate against anyone when it comes to online business success. Regardless of what country they are from, what race they belong to, their sex, age or how much money they possess, you will find people making huge incomes online.

Available to everyone are the two constant factors of time and money. Outsourcing various functions is a way that those with more money than time build their home internet business. Others with less money but more time will invest their time learning how to master internet marketing skills to achieve success with their internet business.

You will find that nowhere is this more apparent when it comes to website promotion and advertising. Without targeted traffic you will not make an income online, as this is the life-blood of any internet based business - that is the bottom line with any internet based business.

You have the option of purchasing traffic in the form of pay per click. Although you are guaranteed to get website visitors at a fixed price, making a profit is not guaranteed.

Do not worry if you have no spare money to spend on promoting your site as you can invest your time in article marketing, blogging and forum posting, which are highly effective internet marketing methods.

Article marketing involves the writing and submitting of articles and is a highly successful and proven way to build back-links to your website and generate traffic to your website. This may not be the fastest way, but it is a long-term marketing strategy that can generate traffic for years to come.

Whether you invest a lot of time or spend money you should still calculate what it costs to run your home internet based business. Calculate what your time is worth on an hourly rate and keep track of it on a weekly basis.

You can keep track of expenses by making a list of all your monthly expenses such as site hosting, domain name, marketing, advertising, autoresponder, article marketing costs, program upgrades, membership fees, any outsourced services, etc.

By keeping track of your hourly time rate and monthly business expenses, you will be able to know exactly what it costs to run your internet based business and be able to compare it to the income generated.





Do You Know How Much Your Home Internet Business Costs You - To learn more about this author, visit Cynthia Minnaar's Website.

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Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas.  We specialize in internet consulting & internet marketing
- Visit Jeff Foster's Website

Staging Diva
Debra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website

Stephanie Robey
Stephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals.

She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com   Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences.  Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University.

Read Steph's Blog
Meet Steph and Dave
Sign up for our Free 7-Day BootCamp: Self Employed & Rich
- Visit Stephanie Robey's Website

John Power
John Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website

David Barr
David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

Jay Kubassek
(Jay's Full Bio: EvanCarmichael.com/jaykubassek)  In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.

 

As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)

 

Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. 

 

Jay resides in NYC with his wife Jamie, son Milo and dog Cooper.  Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website

Anne Barr
Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

Casey Gollan
Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website


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About The Author


Cynthia Minnaar
(Visit Cynthia's Website) Cynthia Minnaar lives in South Africa and works full-time from home online. She is the proud owner of www.cyns-home-biz.com, the online business ideas site committed to helping others earn a legitimate income online by offering the best, proven online work at home ideas, internet home based business opportunities and online home income resources. Be sure to visit her I nternet Marketing Training Guide for great tips on how to market your business online. She’d like to invite you to subscribe to her free Online Home Business Ideas Newsletter packed full of internet business building tips and free Inte rnet Income Training

Cynthia Minnaar is a Platinum author on EvanCarmichael.com
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