Deciding Between Online Business and Offline Business

February 5th, 2009

One of the most common dilemmas that people face when they want to set up a business of their own is that whether to start an offline business or an online business. Both have their own pros and cons. However, the pros of online business outweigh the pros of offline business for the following reasons.

Primarily, when you set up an online business you do not have to quit your regular job if you have one. In most cases, you can make money online working anytime of the day or night. This is one of the greatest advantages of starting an internet home based business. Since it does not require you to quit your regular job, this will turn out to be a good source of secondary income that will help you achieve your dreams faster. Once you are 100% sure of your new business, you can quit your regular job and develop your online business further to make it your primary source of income.

Secondly, when you want to setup your online business, you do not need a huge investment margin. You can start your internet home based business with as little as few hundred dollars. There are also online business opportunities that do not require any initial investments. Moreover, you do not have to rent any office space to set up your office. You can setup a home based office with no additional cost. All you need is a computer and a reliable internet connection. You might as well be working from your bedroom and still make a lot of money online. It is not only about initial investments, you do not have any major recurring expense as well such as renting your office space, which can be highly expensive these days. All the money you make can be used for your own needs.

When you set up an internet home based business, your business is open to the worldwide customers. On the other hand when you run a regular offline business you are limited to the local customers. Moreover, because of the prevailing competition at one stage or the other, your marketing efforts will have to be taken online as well. This will increase your overhead costs further.

When you run an offline business, you must make yourself available during the regular business hours, which will force on you the routine of a 9 to 5 job, and the only difference here would be that you would be the boss here. Being the boss does not give you the freedom of an online business. Therefore, taking into consideration all the above advantages, it is best to setup a low investment online business and start making money online. Only during the initial setup stage, you will have to put in some extra efforts and after the initial setup stage it would require considerably lesser efforts.

There are endless online business opportunities available for you to select. You must select an online business opportunity that has already proven its success. This way you can reduce the risk factors to a great extent.

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