How to earn money online?

When an individual or enterprise wants to make money through internet media. It is also known as digital media. Seller in Amazon, Flipkart, affiliate marketing, services based work as remote jobs such as calling, Blogging business using website, etc. Our generation nowadays we having various options to earn money online, your neighbours or friends also worked if you connect with others or you can search on internet but today we will here make you easier by providing right guidance with facts and our experience. We will make easier so you can go through best way to start and grow yours business to make financially stable to fullfilled all dreams of yours and family.

Two types of earning mode:-

Offline Mode:- the way of earning money using offline channel without internet. As physical shop (General store, Sweets and Bakery Shop),  etc.

Online Mode:- the way of earning money using online channel using internet. As flipkart.com, amazon.com, blogging website, affiliate marketing, posting videos on youtube.com,  selling products online like cosmetics, footwears, apparels, accessories, electronics, etc

How we can start Online Business to earn and grow?

We are guiding you in steps :-

1. Research:- whenever you want to start a business online first you have to well research about products or services. When you select category with niche check what is actually market size with current demand and supply in market with history of that products or services.
2. Online:- To make your business online you need two type of services first is website design with development and mobile app development. If you have a good budget you can mention to service provider to first make design on figma if the design is desired and fulfil your requirements with proper sections for website and mobile app then you can proceed.
3. Platform: if you having minimal budget then you can choose website and if extreme then you can maintain to developed business mobile application also. For business website you can choose Laravel in backend, frontend should be basic if less budget as html, css, js for more you can choose reactjs, angular, etc. for startups with minimal needs you can choose flutter for mobile application development due to its single codebase feature it will works on both android and ios. The flutter uses dart developed by google.

Conclusion:- Prefer website if minimal budget if extreme then you should go for mobile application.

1. Finance management:- it plays an important role in every business how much you have to invest, running capital, backups. You have to prepare proper calculation with expense suppose you have x amount of money as 100  you have to invest 10-15% on platform, 5-8% on marketing per month, other expenses as rent, employee, electricity, etc and rest for maintain at least 12 months backup.
2. Products inventory or Services:- if you are selling products then you have to maintain inventory it blocks huge amount of money sometimes some products works and not also. So if you having manufacturing facility then you can stock minimal amounts of quantity with proper material facility and if you are borrowing from other sources then you have to check availability in meantime. If you are service provider then you have to maintain employee with proper availability when receiving any orders. You have retain, manage shortage everything as your business needs day and nights.
3. Business Registration:- if you are startup and with basic budget you can choose proprietorship firm if having extreme you can choose private limited company with 2 minimum directors required. Public Limited Company is for taking funding from public by filing dhrp for IPO. Small and Medium Enterprises can also file SME IPO.
4. Bank Account:- when company gets registered should have to open business current account many of currents banks are providing startups accounts with 1 yr free subscription model in which they don’t charge.
5. Office Space:- you have to choose office space in nearest metro city with proper connectivity. It should be less travel for employees to covers the distance shortly in meantime. Check also electricity uptime and if shortage then take backup with inverter or with generator for non-stop work. If you have not any backup then you face major losses due to this.
6. Office material:- when you purchase office space then you required office material such as machinery equipments, chair, boss table, etc.
7. Compliances:- you have to maintain compliances  if registered in ministry of corporate affairs because government needs many data of our business for this you need chartered accountant. If you have proprietorship firm you have to only report gst department in gst portal with monthly or quarterly return.  You also have to share office for departmental inspection to prevent fraud activity because many registered companies not exist as mentioned location in mca. Now government make more restriction to prevent this type of existing issues. The proper company board is also required as per guidelines and many other things.
8. Hiring :- when you start a company or business you need dedicated employee as team who will organised work properly with all dimension with flow by understanding requirements. You have to treat them well with appreciation now many are adopting this behaviour in many organisation as tata consultancy services, Amdocs, etc. you have to value your employees in both high or low times if you able to understand their problems they will also help organisation to grow. You have also to maintain salary on time because every employee have family, their expenses, rent, travel, etc.
9. Marketing:- you have to check based on budget you can choose ads based marketing using facebook, Instagram, whatsapp, can choose social media post for reach, for search engine optimization you can choose google. Seo take more time as compared to ads marketing.
10. Sales:- every business depends on sales and you have to manage all the things for servers, salary, rent, electricity, maintenance.
11. Business Expansion:- when you are getting sales you have to expansion with propriate team. You also have to add new machinery. You need to take regular meetings with team leaders, managers.

Conclusion:- if you are new to business then you have to invest step by step first website then mobile app. After select marketing type seo or ads based. If getting sales then expand the teams to handles all of the operation.

Note:- If you want to learn and earn we will provide guidance to earn passive income from yours home. Many platforms are now providing to earn money online.