Sunday, November 22, 2015

Week 15

So when your thinking about opening a business, but your wondering if you should just do online business or have a store? As a small first time business owner you might think maybe I should just do an online business first to see if I'm even successful.
Let's first thing about all the cons to a instore business.
Cons:
1. Having to pay rent or buying a store can be very pricey.
2. With a building comes a lights and water bill.
3. You have to pay at least one employee. (You might always have emergency, so you would need someone to watch the store for you)
Now some of the things about an online business. One you wouldn't have as high of a start up cost. Second by having a store only you lower your potential customers. Over 1 billion people worldwide now have access to the internet. Overall depending on your business and what your selling is going to determine if you think your business would do good just being online.  Because most the time there are more benefits to just doing an online store.

No comments:

Post a Comment