The Advantages of Web-Based Businesses for Entrepreneurs [ READ ]
Amardeep Virdy
Entrepreneurship is generally regarded as a force of change, innovation and development in modern economies. Entrepreneurs bring new and better products to markets, restore allocated efficiency through arbitrage and reinvest their profits. In this paper we explore the various dimensions and advantages of taking a business online & the various possibilities of expansion and growth it offers. Internet can open doors to a completely new segment of marketing and promotion of a product at minimum cost of resources. The internet allows one to increase productivity and sales and at the same time cutting on daily costs of business. This cuts the time and costs of daily management of resources. Thus the main objective of our research is to understand the need and importance of internet and web–based businesses in entrepreneur world. It has totally proved to be advantageous, catering to people of various age groups from very young to old.
Amardeep Virdy
Entrepreneurship is generally regarded as a force of change, innovation and development in modern economies. Entrepreneurs bring new and better products to markets, restore allocated efficiency through arbitrage and reinvest their profits. In this paper we explore the various dimensions and advantages of taking a business online & the various possibilities of expansion and growth it offers. Internet can open doors to a completely new segment of marketing and promotion of a product at minimum cost of resources. The internet allows one to increase productivity and sales and at the same time cutting on daily costs of business. This cuts the time and costs of daily management of resources. Thus the main objective of our research is to understand the need and importance of internet and web–based businesses in entrepreneur world. It has totally proved to be advantageous, catering to people of various age groups from very young to old.
