Topic: Online business is the best kind of business you can do (Read 305 times)

Because of 2020, i started a little business on https://fleurane.ro with lavender products, toys and pillows. So far, it's doing great but online business means hard work so i keep going

I have no 2nd thoughts on this at all, it is definitely Forex all the way. I have been doing it for long time now and I find it very very special, one is able to make good returns from it. I do it through FreshForex, where I get a lot of benefits, I love it with their low spreads, bonuses and other stuff.

I once started a business with $2000 and make $1 million, its all about being smart, try dropshipping

agree, brick and mortar is a thing of past!

depends on your market, your ability to convert. you need a lot of grass roots or networking to really grow. it sounds easy, but its tough, takes a long time and is expensive.

good luck

Maybe online business can be a choice for people who don't want to work offline. I know many of my friends doing online business, and many of them have become dropshipper, which have become a new trend in this pandemic. They don't have the product, but if the customer wants to buy the product, they will contact the sellers who always online and process the product. Besides that, many of the people become affiliate marketers or bloggers, or else to make money. And with the online business, we only need to have an internet connection to work.

Yes, plus you can save on many costs too. And for happy family life this is best, I think. Due to COVID many people already work from home, so in future online business will go up.

The modern days have been upgrading and different from what we used to know before.

Because of the internet, almost every job that doesn't require to be present in the area can do remote jobs. Of course, there are jobs that we can't just do remotely.

And the same with the phasing of businesses, you don't need a physical to store to operate because having your strong online presence will get you customers.

No doubt OP, working on the internet has a lot of advantages over the traditional physical working situation. Crypto trading for example offer a lot of advantages together with the huge profit making potentials.

The advent of science and technology has revolutionized education and knowledge sharing. Online education has become a big event but one should take measures to protect oneself before the second wave of the epidemic comes. Is at the forefront of economic development. Online business has helped to create numerous insurance schemes and there are plenty of business opportunities. You can start an online insurance advice site where customers can compare insurance plans and get important advice on the same.

The main advantage of having an online business is the difference in costs when compared to establishing a traditional or offline office-based company.

Agree, but you still need some seed money or initial capital to start online business.

many joys/sorrows that must be faced when we do business online...
Since this outbreak hit, I have been selling masks online too, the difficulties I have encountered when doing business online are consumer complaints which sometimes irritate us, and also find it difficult to find potential buyers who stop by our online shop. online business is not a business that can be big in one night, it takes hard work and patience to make our online store survive.

Those are all true.

In #1, there's a replacement for that which can be concluded as the capital. And those are the things you need such as the internet connection and the electricity you pay monthly.

obviously working or opening a business from home has many advantages, such as not having working hours, reducing ancillary costs for food and electricity, eliminating intermediaries and working only when you want and obviously you get higher earnings, you save time for the movements

I agree with you, one point I would add to your list is safety during the pandemic. Now with the second corona wave spreading again we need to protect ourself. When working from home there is no chances of infecting ourself, or spreading the virus to other people. Home office becomes more and more important these days.

But finding customers in online platforms is not going to be easy because there are equal number of sellers to the customers so you need to give the cheapest price to get more people and also you may have to spend lot of money on advertisement and discounts by this you can build a relationship with your customers.

But you must know your market and understand your product,because many are trying to make online Business now yet majority fails.

7 of my friends tried having business since the pandemic lockdown happens(together with my wife of course) but only My wife and one of them survive the 6 had stopped since they cannot sustain the profit needs to conitue running the operation.

I wanna add some advantages to an online business that have I felt all this time. I can start my own online business with a low first budget even if you wanna try an online business you can start with no budget. But, advice from me is you must manage your business finances as well as possible because, without financial management in your business, it will not be successful exactly. My online business gives me unlimited profit at a lower cost than a typical offline business. And my last additional advantage that I felt is an unlimited market, this is the most important advantage that you can get when you start your own online business, you can set your market as well as you want not to like an offline business when you want another market you need more cost. So, start your online business now, this is a must at this time. Good luck.

Even i want to start a real businness online because its trending nowadays because of the pandemic but the only thing that is missing is i dont have money to start my own business,  hopefully to become lucky on the bounty campaigns that i joined since the pandemic starts.

I think the best kind of business now is the type you can do online. There are very big advantages of online business than those you do in real life like having physical addresses kind of business.

:Some of the advantages of online business are

1. No rent charged or payment: With such business that is not stationed in a particular building or stores, you don't pay rent because you don't need the yearly or monthly charge.

2. No third party contracts or owner relationship: You don't have a landlord relationship cum headache on payment and unnecessary relationship whether positive or negative.

3. Freedom for you: Yes, you know with online business, you have your total freedom and choice to take your decision, including every aspect of freedom you can think of.

4.No opening hour or closing hour written on your forehead  : With a 8am to 5pm kind of job, you don't come late and expect your boss to be happy with it especially if it has been repeatedly done. It means you may start living a life of always not having a enough of sleep while our body needs a healthy sleep.

5.You are your own boss: You are in charge of your business, no directives, query, memo, sack threat or suspension insight. So you don't get scared of any order threatening you or giving you command.

6. Cheaper to establish and operate: On line businesses are cheaper to establish, handle and operate compared to many paid jobs in the community.

7.More income: A good online business owner is better than an 8am to 5pm or more worker no doubt, especially digital trading.

8.No bribe giving: This is almost not present in an online business. It can be transparent. Bribes can bring a business down if you don't give them to have pass but online business is more descent.

9. No curfew : Your government imposed  restriction of movement or any other restrictions that isn't global would affect your online business or very few can be affected but not on line trading. Example here, covid-19 restrictions globally didn't affect cryptocurrency and forex traders in any way. They kept trading and pulling income while people were losing jobs.

10. A life of comfort : Rest is a good recipe for good life.

Note: The advantages are far more than the disadvantages if handled with care and remember, it is a digital age.