Importance of online business is gaining popularity and there could be a shift in the way business works. The concept of brick and mortar business structure (Premise structure) can change into less investment online ventures. Here I will explain on how to start an online business. You may have skill on something but that would not be sufficient to make your business a success. It requires unification of talent either self or through association. Major skills required are technical know-how, team management, sales & Marketing, finance control, strategic planning, legal framework, business plan/model. One may not be familiar with all of these, so either you hire persons or be jack of all trades. Before starting any business, you need to know about your plans on all the above mentioned factors. Once you have a model on how your business works, then you can execute step by step. You must start with Feasibility study of your business idea. Then to develop various business mod...