Benefits Of An Online Business

If you have ever owned a Brick & Mortar business of any kind you know that there are A LOT of expenses and responsibilities involved with this. Lets go over them here for you.

First off you have to decide what kind of business that it is that you are going to run. Then you have to find a building to either rent, lease or buy. Either way owning the building or renting it, you will have to insure your building, huge expense. And of course all the monthly bills that go along with any building, electric, gas, taxes, and probably a land line for the telephone as well.

Ok now for the product! How much inventory are you going to need to run your business successfully. Now that you are all set up. What hours will you have your doors open? How many employee's are you going to hire? And of course finding quality people that you can trust torun your business for you will be a challenge to say the least. Oh and don't forget about Uncle Sam, you will have to hire an accountant to do your payroll and don't forget to pay in unemployment taxes as well.

This may all sound a little overwhelming but it is what it is. Owning your own traditional business is a lot of work and has many disadvantages over running your own online business from home.

Now if you choose to have an online business, you can work from the comfort of your own home. Your storefront is your website this will cost about $10 for a domain name and you can find a web hosting account for less than $5 and can actually be up and running in a few hours time. Now this sure sounds better than buying or paying rent for a building. Now you have a store front open with no inventory to carry.

Your store is now open 24 hours a day, 7 days a week, any where in the world. But you do have to drive traffic to your site. There are many ways to do this that do not cost you any money, you can read my article 5 Free Traffic Sources right here on this site. Just start getting customers to your door and you will start making money in your new online business.

One of the biggest benefits of starting your own online business is the fact that if you fail you will not lose much other than your time. But if you take your business seriously and don't treat it like a hobby you should see profits within a few months, don't give up.

Don't forget to look into all the tax advantages that you can receive from having a home business. This alone is worth giving it a try.

My favorite benefit is Time Freedom, I know have time to do what I want when I want!

You must agree here that running an online business has many benefits, I have just given you a few reasons to get started today.


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