Creating an Online Business
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Identify Skills7 Topics
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Conducting Research5 Topics
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Online Stores5 Topics
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Making a Flyer7 Topics
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Managing Expenses7 Topics
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Introduction to Manage Expenses in a Spreadsheet
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Build Your Expenses Spreadsheet
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Use Formulas to Identify Inventories and Margins
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Calculate Expenses and Profit of Each Product
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Calculate Overall Expenses and Profit
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Use Visual Cues to Identify Low Stock or High Costs
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Manage Expenses in a Spreadsheet Wrap-Up
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Introduction to Manage Expenses in a Spreadsheet
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Survey Customers8 Topics
Create Your Own Online Business Wrap-Up
Reading
In this unit, you’ve explored various digital applications essential for launching an online business, covering documents, spreadsheets, presentations, and forms. These tools have been instrumental in validating your business idea and mapping out the creation of your online venture. Throughout this journey, you’ve adopted successful online business practices. This includes researching and testing your product or service to ensure its market viability, effectively marketing your offerings to the right audience, choosing an appropriate sales platform, and promoting your business to enhance visibility among your target customers. Additionally, you’ve focused on crucial aspects like budgeting, managing inventory, and monitoring profit margins. Most importantly, you’ve learned the value of listening to your customers, allowing you to make necessary adjustments and improvements.
Whether your business revolves around selling products like floral centerpieces and homemade bookmarks or offering services such as lawn maintenance or closet organization, the strategies you’ve learned in this unit are pivotal to your success. Building an online business requires dedication, hard work, and thorough planning. The skills you’ve honed and the tools you’ve created throughout this process are foundational elements that will aid in giving your business a strong start. As you venture into the world of online business, carry these lessons and experiences with you, and best of luck in your entrepreneurial endeavors.