Online business

• Online business are businesses that trade through the internet
• They are relativity Cheap and easy to set up because the overheads and fixed costs are low as they just require a internet connection
• Attractive option for entrepreneurs wanting a good work life balance and can be generally run from anywhere and don’t often require regular working hours
• However entrepreneurs may not have the required IT skills to set up and safely run a business online as technical issues such as spam, fraud and viruses may appear causing oroblems