Disadvantages of online business
Online business comes with its own set of pros and cons. Out of d innumerable online business startups most of them do not taste the flavor of success and very few actually reach d niche! The idea of your own business and the extra income might be luring but one needs to be aware about d disadvantages too.
Firstly you have to be a computer literate and technologically sound to establish and run the business all by your own. Even if you plan to hire people for this job the basics of internet is of utmost importance. Hiring experts means incurring costs without the promise of earning anything at call.
In your research for setting up an online business you might have come across the idea that it requires minimum investment. Partially true an online venture will also cost you for web hosting, domain, patents and portals. This is a modest list of expenses depending on your type of business and computer knowledge.
Internet is a vast platform accessible to all. Recurring issues of patents and copyright will keep hampering your profits and credits to any work of intellect. Your computer is also prone to virus without effective antivirus software, which can enable hackers to steal vital information. Security of confidential data is always a concern which again requires professional interruption incurring cost.
These are very few evident disadvantages, you will experience more challenges as you step into the market. So my only suggestion would rather than gushing on the advantages accept the disadvantages and prepare accordingly.
