What you need to start an online business – the core requirements:

By Shan Balasuriya Posted Date: 2014-10-07

With the number of consumers shopping online increasing significantly on a daily basis, it is very important as a business owner to start selling your product online and get in on the action. Regardless of whether you already have an existing product currently sold at brick & mortar stores or whether you are introducing a new product, it is a good idea to create an online store.

Selling your product online can help your business grow significantly especially since your market reach is beyond just the people walking into a local store; it can be the whole country or even global. In addition to providing a greater reach and wider customer base, an online store has many other advantages too. Another such example is lowered operating costs providing you with a rent free store requiring less maintenance and employee hours to manage. Selling online can also allow you to provide more competitive pricing because your overhead costs are less, products can be stored at a single warehouse and simply shipped out to a customer as orders are placed.

Setting up an online business can be relatively easy, but there are a number of things that are required to get started. Below is an outline of the things you need to open an e-commerce store and start an online business...



Shopping online or surfing the internet while at work? Incognito mode is what you need!

By Shan Balasuriya Posted Date: 2014-08-29

Web browsers today are loaded with a ton of useful features and extensions, one of these is the Incognito mode. The incognito mode in your browser is the perfect way to leave a smaller footprint while browsing the internet at work. When you use a normal browser window it stores a lot of data about your browsing habits and what you do. This can range from the pages you visit, what you download, photos you upload, temporary files, the amount of time spent on a page, and even in some cases personal information. By using incognito browsing you don't have to be worried about your personal information or log-in details being compromised, nor do you have to worry about erasing your history because none of this data was stored in the first place. This means no stored data in cache or no stored cookies. The incognito mode allows you to browse the web without storing data locally on the machine so it can't be retrieved later.

Incognito browsing or private browsing is not just another way to procrastinate at work without getting caught, there are plenty of other uses as well - some of which are outlined below...



Fundamental characteristics that makes the 'Internet of Things' what it is:

By Shan Balasuriya Posted Date: 2014-06-25

The internet of things will revolutionize the way we interact with our devices as well as the way technology influences our lives. Last week we discussed what the 'internet of things' actually means and its implications on the future of online business technology. This move towards better connectivity and data gathering within devices which were once passive will drive both larger and smaller businesses to transform significantly. Today on our technology blog we discuss the main attributes that actually make up the internet of things and what converts a general stand-alone device into a module in the internet of things...



What is The Internet of Things?

By Shan Balasuriya Posted Date: 2014-06-18

The internet of things has been all the hype lately and you may have heard the phrase being used often in the tech world. But what is the internet of things really and how does it impact the future of technology?

The internet of things basically means a network where all kinds of devices will be inter-connected with each other, it is a major change from the traditional 'internet' which is essentially network connections between standard computing devices. The internet of things will revolutionize the way technology is incorporated into our day to day lives. It means that billions of devices of all forms will be able to communicate with each other, for instance your fridge will be able to tell you if you're low on milk, or you'll be able to control door locks remotely. The possibilities are endless, the internet of things or IoT will connect the majority of devices we interact with daily to the internet and will make them smartphone accessible as well as responsive.....



The Top 4 Cloud Based Small Business Services:

By Shan Balasuriya Posted Date: 2014-06-11

Cloud based applications and services offer ideal online solutions for small businesses that want to improve productivity and efficiency. Last week we discussed some of the main advantages of using cloud based applications for business, such as cost, scalability, reliability, performance and security.

Small businesses can reap the benefits of not having to deploy physical infrastructure like file & email servers, network storage systems, or expensive software by making use of cloud based applications. Today we look at the top 4 small business services that cloud based applications can provide, as well as some of the available applications in the market that can be used for these services....

 



The Advantages of Cloud Based Systems & Applications for Business:

By Shan Balasuriya Posted Date: 2014-06-05

When Business IT systems are moved or extended over the internet to increase the current scope and capabilities as well as to improve efficiency within the business, it is known as Cloud Computing. It is essentially setting up a virtual office which will give you the freedom to stay connected with your business anywhere, anytime. There are many benefits to cloud based systems especially for small to medium businesses, with reduced upfront costs and increased productivity it can help them streamline their operations so they can focus on their core business.... 



Using Mobile Computing Technology For Your Business

By Shan Balasuriya Posted Date: 2014-05-28

Mobile technologies such as tablets and smartphones have a great consumer appeal and are very popular devices in the market. In addition to cheaper mobile hardware there is significant development in mobile communication technology as well: with low-cost, high-speed data networks, availability of 3G/4G and RFID tags. But the question we need to be asking is: How can this growth in mobile technology help businesses?

Besides their appeal in the consumer market mobile computing devices like tablets and smartphones are starting to provide more game-changing functionality that can transform the way business is done and propel them into a new era of mobility...



Keep Your Business in Tune with the Local Listing

By Shan Balasuriya Posted Date: 2014-05-26

The biggest challenge for a local business is how to attract customers. In this digital world, people like to use internet on their handheld devices to search the local businesses. Local businesses can reach out to these potential customers by listing on local business directories. All they need is to be in tune with them. How?

The points listed below will inform you how to keep your business in tune with the local listing

  • UNAP 
    For a business to be in tune with the local listing, a consistent UNAP is of huge significance. UNAP stands for Url, Name, Address and phone number. Since we are talking about local listing your site will show up in results when searched locally. Therefore, a business in order to be listed in local directories should specify the business website url, the name, address and the phone numbers clearly....



Will your business work on the internet? - 5 ways to decide if it's worth going online

By Shan Balasuriya Posted Date: 2014-05-15

Your business maybe doing very well in terms of a brick-and-mortar store but this doesn't necessarily mean that your business will be successful if you take operations online, making the assumption that they will can result in unnecessary expense without a return on investment. The reality is that not all businesses thrive online although if it does it can help improve your profits drastically. This is one of the reasons why a lot of businesses are quick to build online stores in the hope that it will bring in the big bucks - after all an online store does make the whole world open for business any time of day.

Before setting up an online store it is very important to consider whether your business is suitable to have an online store, this can save you time and money....

 



What is a Bitcoin and How does it work?

By Shan Balasuriya Posted Date: 2014-05-08

The bitcoin has been quick to gain increased attention as a new form of payment and currency. The value of a bitcoin has increased from $15 to over $1000 in 2013 alone and is currently valued at about US $440. So what is the story behind this volatile currency and how does it work?

Bitcoin is a form of digital 'crypto' currency that was developed by Satoshi Nakamoto, it is a payment network that is powered by its users and has no regulatory authority or middleman - This means no banks and no transaction fees. It is often called a 'decentralized peer-to-peer' currency which basically means that there is no centralized body that controls the Bitcoin network or the currency itself.

  • How does the bitcoin technology work?

    The foundation of the bitcoin technology relies on what is known as the 'blockchain'. This is like a ledger or public record of all the transactions carried out within the bitcoin network. The authenticity of a transaction is protected by digital signatures and this 'ledger' is collectively maintained by everyone who uses the currency. These transactions can be processed by anyone using their computing power (with specialized hardware) and earn a reward in bitcoins for providing this service, so this encourages people to donate their computing power to maintain this blockchain and receive bitcoins in return.....