What are the advantages and disadvantages of starting an online business?

[Bisolami]

Online business is for everyone. you can start the business even with a low amount. The major disadvantage is you need to know how to run it to avoid getting scammed by online thieves

I just feel that one of the major disadvantage of online business is that you may not get customers very quick because there are so many people who are doing that same business as you

 

[Starmix]

I have just started my online business and was so relaxed because there are no permits to comply. The only discouragement I have now is the wrong timing. It seems this year is not a good year to start because of the high cost of the commodities. I only got 8 customers and it's been two weeks now hehe.

 

[Ofonime]

The advantage is that you will be able to operate the business from the comfort of your home and as such you will need to try your best to identify scam programs because this is what make people see it as one of the dangerous way to earn which may not really be good enough

 

[cherry123]

investing through investment platforms can be profitable,same with doing business online. But you need to be careful with scams online

Post automatically merged: Aug 4, 2024

Alot of people prefer online money-making same here with me . it is good that there are platforms for people to monetize their skills and passions. This means that people can earn money doing something they enjoy doing online

 

[Hate2Wait]

You don't have to spend so much to set up an online business unlike offline business where you need a store at a prime location and then staff