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  • I Advice - My First Year In Cyber Space

    Principles of Accounting and Accounting Assumptions
    In the modem world no business can afford to remain secretive because various parties such as creditors, employees, taxation authorities, investors, public and government etc., are interested to know about the affairs of the business. Affairs of the business can be studied mainly by consulting final accounts and the balance sheet of the particular business. Final accounts and the balance sheet are end products of book-keeping. Because of the importance of these statements it became necessary for the accountants to develop some principles, concepts and conventions wh
    er one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I coul
    Getting Squeezed For Office Space?... Here's a Fast Solution
    Think ‘shared office space’.No, this doesn't mean you have to actually share office space with another company. It is simply a generic name for a type of office space that doesn’t require a long-term lease.Shared office space is available in almost any city in the world. Why should you consider it when you need either temporary or permanent expansion room? Here are just a few reasons. There is never a long-term complicated lease involved. You sign a simple rental agreement in the morning and can move into the office space that afternoon.My first year as a Cyberpreneur was a steep learning-curve. I was an academic before starting an online business, so I had a lot to learn. But even if you were in offline-business before going online, you may still have to learn some new skills -online business is a whole new ball-game. Here are some of the things I learnt in my first year in Cyber Space:

    (1) Be careful who you register your domain with. Some domain name registrars make it very difficult to change your web host.

    I registered my first two domains with a registrar that caused me more headaches than I care to think about.

    When I needed to transfer one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I could

    Setting Up Your Filing System
    Your filing system is very important. To be able to locate items quickly is of paramount importance. The following system will work for any kind of business. However, please note that many of the files discussed are specific to lease purchasing. You should have a general drawer, which contains banking information, supply information, general forms, business license, answering machine message, expense envelope. Anything of a general nature. Your Real Estate files should have a general section for correspondence(sent and received), faxes sent, e-mails
    e in offline-business before going online, you may still have to learn some new skills -online business is a whole new ball-game. Here are some of the things I learnt in my first year in Cyber Space:

    (1) Be careful who you register your domain with. Some domain name registrars make it very difficult to change your web host.

    I registered my first two domains with a registrar that caused me more headaches than I care to think about.

    When I needed to transfer one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I coul

    Business Opportunity Shills and Proposed Rules to Prevent Fraud
    It has been observed that often business opportunity sellers use shills to promote their products or business opportunities in advertising. Perhaps you seen this before when someone on TV was obviously a very skilled actor will swear by certain product or business opportunity in an infomercial. They claim that they've made all kinds of money in this new investment and business opportunity, yet often this is totally fraudulent.You see, often the person stating what a great business it is; is only an actor they are not in the business nor have a meeting the mo
    learnt in my first year in Cyber Space:

    (1) Be careful who you register your domain with. Some domain name registrars make it very difficult to change your web host.

    I registered my first two domains with a registrar that caused me more headaches than I care to think about.

    When I needed to transfer one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I coul

    The Main Purpose of Advertising from a South African Perspective
    The main purpose of advertising in the business world is to promote sales in order to boost profits. As such, advertising has three basic aims:To inform To persuade and To remindOne of the most underestimated points is to REMIND. The cost of advertising is extremely high. One may therefore wonder if it is not a waste of money to advertise a product which is widely known and which has a good slice of the market. Take Coca-Cola for instance. It is known and is readily available in almost every city in the world and yet the company continues to advertise
    your web host.

    I registered my first two domains with a registrar that caused me more headaches than I care to think about.

    When I needed to transfer one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I coul

    Drop Shipping - An Entrepreneur's Dream or a Fool's Nightmare?
    For many people, the possibility of selling goods online appears fraught with difficulties. Firstly, you need to locate a product, store inventory, organise a good shipment or carrier company and so forth. But what if you could become a successful online retailer without having to worry about those problems?The answer is that you can…a simple type of retail called drop shipping. Let us take a look at the pros and cons of this method of retailing.Drop shipping is the name given to the retail method where you sell a product at a price of your choice but
    er one of my domain names to a new web host, my original email address had changed. I was no longer able to send them an email from that address and so I couldn't authenticate my request for domain transfer.

    So I tried to update my personal record with my new email address. I got a message saying that I could only change my email address by sending an email from my original email address (which no longer existed).

    This bureaucratic nightmare went on for 4 weeks. To add to my frustration, I was communicating with a machine, not a human being. By the end of that time I had no less than 35 computer-generated emails telling me that my domain could not be transferred.

    Finally, I sent my request for domain transfer in a 5-page fax, including photocopy of my passport. The

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