The popularity of any online business is primarily due to the baggage of benefits that come along with it. The advent of Internet has cast its magical vision over how to process a business and thus showering great viability in terms of finances as well as convenience. When we make a comparative analysis of an online business versus brick & mortar business, the outcome is clear that the former one outweighs the latter in various aspects.Cost Effectiveness:Cost effectiveness is a major advantage for an internet entrepreneur. It saves not in one but in a multi dimension way and the savings is felt by not just the investor but also the end user. The cost cutting can be experienced in several ways such as - no requirement of office space; cut short over work force; reduction of fuel consumption; saving from commutation charges; almost zero paper use; and that of course sums up to a cheaper end product.
12 years ago
