Profitability for new e-commerce biz

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Profitability for new e-commerce biz

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jayme28

posts: 10

Mar 09, 2008 2:10 AM ET Quote Report Abuse

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I am writing a new business plan for an e-commerce business. Of course banks will want to know sales projections. I can easily figure out what it will cost to run an on-line business but how do I project sales for the internet? Anyone have an idea how long, on average, takes to break even or become profitable? I do not have an auction business like e-bay or amazon. Thanks

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Jayme

winston2

posts: 122

Mar 09, 2008 5:44 PM ET Quote Report Abuse

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Most of the time the projected figures you find on this type of business plan is just pulled out of the air. I have had good luck going to my local library they have given me resources that have helped. I would also suggest you read the book The Art of the Start by Guy Kawasaki. I have no experience with e-commerce business but the normal business usually takes 2 to 3 years to become profitable. If I can help in any other way message me.

Winston

MrMusicHead

posts: 43

Apr 01, 2008 3:36 PM ET Quote Report Abuse

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Completely depends on what you do. You could be profitable on day one.

So, what is that you (will) do? Digital goods, physical products, a service, subscription-based? What kind of business is it? Telling us more might help us help you.

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