The Advantages of Online Business:
Overall, online business has minimal flaws. Compared to traditional business, it’s much easier and cheaper to get started. For example, your traditional business typically requires a storefront or office space, which can run into the thousands in monthly fees. With an online business, all you need is a website and hosting, which only costs about $10-25 per year . The difference in cost is incredible. And that’s not the only benefit of online business – there’s also more flexibility and potential.
You can see the trend in plain sight. Even traditional businesses are moving online these days. If a business doesn’t at least have a minimal online presence, they’re most likely missing out on a ton of potential sales and profits. That’s where people of all ages are going these days for information and purchasing various products/services – the internet. Just check out some of these stats: there are over 3.5 billion current internet users, 4 billion Google searches each day, and over 5 billion YouTube video being viewed on a daily basis. To put those numbers into perspective, the US population is only 319 million. Overall, the world is moving online – and so is business. The great news for potential internet entrepreneurs is that it’s relatively easy and cheap to get started.
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