The Internet is a very powerful business platform. Many people have been able to generate excellent revenue over the network, even higher than can be obtained through a conventional store located in commercial premises. Do you want to know how to start an online business? Good decision! Here are ten steps you need to take to make this possible. Determine the product or service you are offering If you want to start on the right foot, you need to decide from the very beginning the approach you will give your business. It's not just about having a notion of what you want to offer your audience, you need to do some research to find out if your idea is viable. This involves analysing your potential competition to determine if you'll be able to offer anything better than them.