Archive for: March 2011

HOW TO MANAGE INTERNET BUSINESS

risk management 200x133 HOW TO MANAGE INTERNET BUSINESSRisks and success is like honey and bees. Both are paired. The one associated with each other. If you want to get honey, you must be willing to take the risk of bee sting. If you do not want to sting but still wanted to get honey, you can use special clothing that covers your hands and face. That’s called risk management or commonly referred to as risk management.

Then in internet business how to manage the risks?

To note, in any business, whether business or non-internet internet, it is absolutely no risk. Can not be eliminated altogether. All we can do is minimize it. So that we can manage risks, implement risk management in the Internet business needs to be done.

In the risk management system, there are approximately four stages as follows :

1. Recognizing the risk. We must know the business risks that may occur. What about the risk of your Internet business? The risk of not selling products, the risk of pirated products, the risk of loss due to no turnover, and risk what else? Come on let’s find out.
2. Calculating the risk. Once we recognize the risks that might happen, then we calculate the risk. How much about the money that disappeared due to the risk? If to build an Internet business does not need a lot of money. But the risk of losses incurred could be far greater. This means that the potential income that can be reach not go away due to uncontrolled these risks. Suppose you how many losses from pirated products. Or suppose that when your web site can not be accessed, how many people might initially intend to join into delayed. By calculating these risks can be one of your considerations in making risk management a business priority.
3. Prepare a strategy and implement it. Next live prepare a strategy and implement it. If the risk is the product you are hijacked, of course you have to prepare adequate security for your product. In order for your website at risk not easy down, one of the strategies of course you need to choose a quality web hosting.
4. Monitor the risk. To facilitate the monitoring of risk, is very good if you make a list of your Internet business risk. Strive to continue for that risk can be minimized. Find new ways to keep that risk would be minimized. Do not hesitate to make changes if your strategies do not work as expected.

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