Internet Business Tips – What Are the Advantages and Disadvantages of an Internet Business?

A pie chart of the usage share of web browsers...

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One Google search for ‘business opportunities’ or ‘internet business ideas’ or ‘home business’ will instantaneously bring forth millions of web pages and it may take several hours for you to even skim through each of them. So what are the advantages and disadvantages of an internet biz?

1. The advantages

The advantages of a successful internet business are: lesser expenditure on commuting between home and office, the luxury of taking time off at will, absence of choked traffic, and the ability to manage multiple income streams. Since the internet works on 24×7 basis all through the year, you can assign convenient slots across the week and the day to accomplish the task on hand.

2. The disadvantages

No business can bring you overnight riches. If hard work was the norm in yester years, intelligent work has replaced that norm in the technology driven era. The internet business ideas doled out to you through those colorful websites more often than not carry a fine print – a sign up fee, a membership fee, or an e-book which promises to cover every thing that you should know. Most of these qualify to be scam sites and you should exercise caution.

3. Identify the genuine ones

As a beginner, your first task will be to identify genuine internet business ideas. The web 2.0 evolution has thrown open a number of social media tools and you can advantageously use these to sift the wheat from the chaff. Join the social forums and discuss the ideas that appeal to you and elicit the views of real users.

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