Free Guide,Things to Consider in Starting an Online Business in Melbourne,Australia,USA,UK,Canada

May 22, 2012 - PRLog -- Linh Hoang is the author of this new guide book that guarantees no less entrepreneurial knowledge than what are taught in business schools and by self-professed entrepreneurs because she herself is an entrepreneur in her own name.  

Evidenced by her two online businesses namely Outsourcing Angel and Red and Black Solutions, Linh Hoang writes about her learnings and journey to building the businesses she has now.  Her guide book To Be Rich Be Lazy talks about the pros and cons of a job versus an owned business. To Be Rich Be Lazy aims to demonstrate in all transparency the incredible benefits and what more a business owner can do with personal time and work time.

Starting an online business requires a hopeful entrepreneur to realize and believe without doubt that having a business is the best way to get rich. These are the reasons to believe Linh Hoang tells about in her book To Be Rich Be Lazy.

Linh Hoang goes by that a business is an asset. It creates wealth by having other people work for you while you take your time minding growing the business rather than taking part in the raw toil itself. When you want to move on to another type of business, you can sell it and that assets generates you a new source of capital funds.

Business creates leverage and the owner can take advantage of it. A business owner can leverage on other people’s money to create the products to be sold and attract marketers to promote the business. It’s leveraging to get other people to do the various components of the business for you.

A business owner is allowed better tax management savings. An owner can maximize tax shield in its pre-tax revenue after deducting expenses.

To jump-start a business, the hopeful entrepreneur must ask himself/ herself several question to drill down what will the industry or product focus or service orientation the business will be about.

To get to know what products or kinds of service to offer, think about what are your daily irritants. One way to research is to observe in a busy establishment what customers check out, what they put down, and what they go back for.  

It also involves writing a business plan and marketing plan. This may seem tedious especially if the hopeful entrepreneur is not familiar with it but it can be done through getting services from another professional.  

Likewise, a budding entrepreneur has to live with his/ her means as finances will be quite tight at the outset in oder to get everything ready and the business to start running.

Entrepreneurs may do the initial conceptualization and preparations alone but in order to grow the business more people are needed to take away the working hours that you can devote to other business functions only you can do.

About Linh Hoang

Linh Hoang provides consulting in all aspects business ventures such as marketing strategy, business plan proposal and development, and operational guideline, among others. Together with a team of professionals, she offers step-by-step mentoring in running a business and achieving financial success in it. To know more about Linh Hoang and her professional services for business building, visit www.linhhoang.com. To buy the ebook version of To Be Rich Be Lazy, visit http://www.toberichbelazy.com

Linh Hoang is the CEO of online businesses Red and Black Solutions Co. Ltd. and Outsourcing Angel. Red and Black solutions is a Melbourne-based company that offers online business solutions to small- and medium-sized businesses. Outsourcing Angel harnesses outsourcing for efficient and effective means of increasing productivity and profit. To know more about, visit http://www.redandblacksolutions.com and http://www.outsourcingangel.com

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