Gayla Burow (Marsee)
ECON212-1404A-06: Principles of Microeconomics
Phase 4 IP
Justcookbooks.com Start Up
Instructor: Deborah McCafferty
Colorado Technical University
11/01/2014

Many business owners are moving to starting internet companies to sell their products online these days. There are many reasons why, first is the fact it can be much easier and less costly than a traditional brick and mortar store. Online businesses are a great way to reach many different markets, and a larger number of clients or customers in half the time. You want to have a business plan and follow some steps to make sure you are going into a profitable market. First is of Couse to decide on what business you be starting. There are many factors when deciding this, will it sell, will you enjoy it, what are your interest and do you have the right funding for the product. You want to research your product to see if there is a market for it, or perhaps to much market Make sure it is not over – saturated. Nevertheless it is like having a virtual storefront to show off your product to the world. And if well planned it can make you more money than you could ever have hoped for.
So in choosing to start my own Interned Business, I have decided to sell cookbooks line. My business name is JUSTCOOKBOOKS online, I would like it to launch in 6 months from today.
After doing research on what the estimated annual cost would be of the business we can look the Graft below.
This graft is the Technology (Web design and maintenance) | $5,000 | Postage and handling | $1,000 | Miscellaneous | $3,000 | Inventory of cookbooks | $2,000 | Equipment | $4,000 | Overhead | $1,000 |

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