The old adage that it takes money to make money is still true.  If you find that you need funding for your online business, the equity in your home may be a good source of funding.

Financing

Many new businesses fail each year because the owners do not make the investments necessary for success.  They do not invest in advertising, professional help, employee training or even working capital.

However, before you proceed to the financing stage of your online business, you should analyze your business plans and this investment just as you would any other large, long-term investment.  Starting a business is a serious investment.  

Accounting

If you want your business to be a success, you will need enough of an understanding of accounting and record-keeping principles to manage and learn to understand your business transactions.  Accounting is much more than the "necessary evil" many people think it is.  Accounting can show you where you are making good decisions and where you are making poor ones.  It is important that your accounting system be set up in such a way that you can profit by learning from business mistakes as well as successes.

E-Commerce:

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Lets you take checks and credit cards online from customers safely and securely.  Customers do not have to give you their personal banking information. PayPal also has a free shopping cart for Business Accounts.

Buy & Sell Professional Services

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Resources:

• U.S. Dept of Commerce
  
• SBA 
  (Small Business Administration)
  
• 

• Keep close track of your website statistics and website referrals so that when you run an advertising campaign online you will know how much each hit (and each sale) cost you.
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