Sunday, January 17, 2010

Start Business Online

Start Business Online

Do you want to start your own Business? But Don’t you have enough capital to buy or lease a Commercial Property? Than don’t worry…. Start your Business Online.

Many Entrepreneurs who did not have enough start-up Capital started their Business Online. One of the Best Example is,

Librarywala.com

These people have started their Book Rental services online and today they are in several cities of India. Another great Example is,

Redbus.in

These people have started selling bus tickets online. There are several examples like these. These Entrepreneurs have chosen the Online Business Model for their Business because this requires very less Capital to start with. You just require a Website to start a Business. And this requires only a Domain Name and a Web host.

There are several advantages of starting a business online. Here are few.

- Low Cost
- Minimal Man Power to run it
- runs 24/7 even without your presence
- Payment & every other system is Automatic
- World wide accessibility

First advantage is the low cost. You don’t need much capital to start and run the online business. Another advantage is the Minimal man power to run your online Business. An Online Business can run only with few employees while this can not be possible in case of offline business. Take the Example of Amazon.com and Wall mart. Both are the retail stores but Amazon is online so it requires one tenth many power in comparison to Wall Mart.

Traditional offline Business can not run 24/7. Because the laws don’t permit them to run over the night in any city in this world. Now, this means revenue loss to me. But Online Businesses run 24/7 even without your presence. You don’t have to shut your online business at night.

Another great advantage of online business is that, payment collection and everything else is automatic and online which makes everything smooth.

Thus, starting your own online business is a great idea.

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