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There are a few ways to open an online store. The two most common ways are to use a shopping cart platform or to build an ecommerce website from scratch using CMS. Both have their pros and cons, and it really depends on your business goals and needs which one is the best fit. Shopping cart plat...

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I would use Magento, you can host it and use any payment gateway to setup the payments and a shipping system to create efficient logistics. Let me know if you need help creating the store.

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Typically open-source projects that end up generating a profit have an active product that's already being used. So step 1. Is to open source it and see if anyone uses it - then you can make money in a bunch of ways. Checkout Wordpress, MySQL, Linux for examples - but typically it's providing p...

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I am not a tax expert and this is not legal advice. But I believe that the only reason to secure a 501c3 (as opposed to one of the designations for a nonprofit membership group) would be to provide tax deductions to donors. If all you need is an entity that won't pay income tax (like a fraternal ...

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The best way to find the best market or customer is to choose one segment with one "solution" and start talking with them. See if they realy have a problem and which should be your solution to solve their problem. If you realize the segment you chose is not the best, look for other and repeat the...

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There is no minimum. The answer doesn't lie with how large your product catalogue is but your product differentiators. You can open a store with a single decor product for that matter. Instead of looking at volume, think about these aspects: - quality: is my product better? And how so? - price:...

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Mock role-play with both parties at the same time (remote or in the same building). Schedule an hour session, pay for their time. This is the fastest method. In your question, you mention "often takes several months". I would assume there is a scenario that doesn't take several months. I would ...

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If I was going to start over, with a blank slate I would do several things differently. 1. I would hire an accountant and bookkeeper on day one. I know that on the surface it's easy to look at the cost of an accountant and justify spending those resources in other areas, however I have seen thi...

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With two decades of business experience, until a couple years ago I thought it was "just as easy to sell a high ticket item as a low ticket item." However, I've had the realization that it is actually "easier to sell a high ticket item rather than a low ticket item." This has lead me to a bette...

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Ticket Tailor is an online ticketing platform with no per-ticket fees. Instead it's a monthly fee from just $25 (or £15) / month (and I'm the founder). It's really easy to use, you can embed your box office in to your website, and it works with PayPal and/or Stripe for taking payments so you get ...

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