What do I need to start my online business?

I want to start my own online business, but I don't know exactly how to do it. I already sell from Ebay, and now I want to expand to another customer base. I have a name for it, and I know how I would like it to look, but I don't know what stuff I need to start one. I know that I could go through Yahoo Small business, but it seems so sterile. Also, I want to be able to have my own domain name, but do I have to pay someone EVERY YEAR to be able to have it? I am just not quite understanding the whole "domain name" thing, or the "web host" thing, or how I actually get a site up and running...

HELP!

Alright, is a lot easier than you may think. If you already have a product and are just looking to build a site for it, you need web hosting and a domain name some web hosting company's give you a free domain name when you sign up for there service. Also having a website is great but you also need to drive visitors to it. If you have a good product and a steady stream of traffic to your site you should expect about 1 out of every 100 visitors to buy your product. There is a website that will tell you everything you have to do to start an internet business. I will leave the link for them below.
Also if you are just looking to start an internet business but don't know which program to use try the second link below the review online business opportunities and then post the ones that work on there site.

First off, you do need a domain name. And yes, you do have to pay someone EVERY YEAR for it, but it's less than $10. No big deal there.

You really have two choices: you can use a storefront service such as Yahoo, or you can create your own store using either purchased shopping cart software or an open-source shopping cart like osCommerce or ZenCart. If you go with something like Yahoo, you can be up and running pretty quickly but you'll have more overhead costs.

If you go the custom route, you might need someone to help develop your site. Plus, you'll need a merchant account to accept credit card payments (about $30 or more a month, plus a percentage of sales is typical). You also need to pay for a Web host, about $6-10 a month or so. In the long run, this approach will cost you less if you're doing a fair amount of business, and you'll have more control over your site.

If you have further questions, let me know.

Hello,

This is the 18 Steps that I use!

1. Register your business name with your local province and open a bank account in the business name
2. Decide on a product that people just can鈥檛 refuse!
3. Prepare a sales letter for your front end product
4. Decide on a back end product
5. Either get printing quotes or acquire an A3 printer
6. Build your website! (Remember, never spend too much for web design! You only need a simple page, but it needs to be professional. Don鈥檛 bother with Flash or the like!)
7. Spending too much money on web design and graphics (should be no more than 25% of your initial investment!)
8. Apply for credit card facility (I.E. PayPal)
9. Prepare a newspaper ad or contact HiLite for a list of people to market your first campaign to
10. Print your sales letter
11. Book your ad or order your marketing list
12. Order or create your stocks of products
13. Run an ad or post your mail!
14. Await your first response!
15. Count your money and fine tune your ad/sales copy
16. Mail your back end offer 2 weeks later
17. Continue to do 13 & 14
18. Roll out and test other media, lists, or niches

I hope this helps!

-Andy

Try this company, they set up businesses like yours and offer full support along the way. They also help you with getting on the search engines like google and achieving high results

Apart from marketing & technical know-how of the business you need to study :

Human Resource (to get right people for running your business),

Sourcing (to find right business partners) &

Finance (to keep your business financially sound )