E-business versus traditional business

Mar 2, 2009

Trying to help you make your decision and start this new and exciting way through the network, I write this article in addition to others already published with the sole aim of clearing your doubts at this preliminary stage of assessment for which you're going through and ending in defining whether or not to undertake this new project that represents the internet and you can take your economic freedom.

As to precisely "indecision and uncertainty are the main causes are able to delay or even prevent many people start this new activity, I provide information and incentives not to get overcome by doubt or fear and resolve start this new activity with which you can achieve a real and genuine change in your life.

So if you are thinking about getting independent, which seems fantastic, anything, however small, can tell a big help. Here then, as a guide, some differences between the two activities that appear in the title of this article.

The traditional business:

To do this we must invest a significant sum of money, the location where your business will operate, posters or advertisements which identify the facilities, goods, allotments or permits, etc. I know you're thinking that you can also start a business with little money, but as I said, "generally" The result in a business is related to the initial investment.

Well, here we see one of the biggest impediments that we can find, but not for everyone, but for many, the necessary capital. Here is a real limitation, this means that it is not for everyone, just for having money.

Something else to consider is that there is a statistic that says:

50% of businesses close within the first 3 years.

40% close within the next 5 years.

And only 10% successful.

Although it is a simple statistic, I do not think that is very far from reality.

The new revolution in the business world

E-Commerce

As always, I see how wikipedia defines it: E-commerce (Anglicism of Electronic Commerce) is to buy and sell products or services over electronic systems such as the Internet and other computer networks. The exchange conducted electronically has grown dramatically since the popularization of Internet.

It is definitely a real business that moves goods and services directly to end public, global, and where every day, each time adding hundreds of thousands of people. On one side are those who bring new offers and other proposals and seeking and applying new products and services. With a steady growth and development, permanent and endless in terms of products and applications thereof.

Some key differences between traditional business and E-Commerce



Traditional business

* You must have capital
* It is necessary qualifications, permits and registrations.
* Fixed costs that can not DALY
* You are tied to an office hours
* Generally you need employees
* Costs in remodeling and renovation of Stock
* In many cases it is necessary to sell credits (increases risk)
* Hard to show you clients
* To open branches must expand (investment money)
* You do not have free time

E-Commerce

* No accounts receivable
* No accounts payable
* No rent
* With low inventory
* No fixed costs
* No employees
* With minimal local investment
* For all kinds of people
* Can do from home
* You can sell worldwide

Well, it's just a small sample but you can clearly see the main differences between them. Sometimes just a simple fact is enough information to trigger our response and that is enough to make a decision.

The technology is advancing by leaps and bounds, we need to turn to live with it, in our life, a new and striking presence, which provides opportunities and new things each time. Is responsible for that man has obtained a better quality of life. The technology imposes its presence, and assigns new guidelines, new rules and new trends.

One of these new trends is clearly the Electronic Commerce (E-Commerce) is the global revolution in the business world: With the internet is breaking down barriers, it jumped the walls and masificó open communication and direct global and this formidable power of communication gives us this new way of doing business resulting from new technologies.

Finally, technology is here, at your disposal. These new possibilities are at your fingertips, but even so close and so are predisposed to have in your own hands on the keyboard which now lies before you. You just have to spend a little more time to find what you're looking for.

Lots of luck!

Eduardo Blanco

www.magicoastal.com

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