Once a successful marketing and advertising strategy is identified an online business can simply open up its target and increase budget to grow very fast
Beware though as a few tweets and some Facebook posts are not all it will take to snowball an online business into a virtual ATM machine.
Next time you are in a Starbucks take a look around -- we guarantee someone is working on their online business or startup while connected to wifi and sipping their favourite coffee.
Not being tied to a particular location or desk from nine to five can be very empowering
Of course this has not been so easy the past months but already we're seeing the trend re-emerging and from our point of view it was the freedom to travel and work from anywhere that appealed to us given we were at that stage in our lives...
So we will be working from our home in Spain while enjoying the sunshine
True entrepreneurs respect the freedom and understand that the hard work is well worth the ability to spend more time with their families and partake in activities that most miss out on
Low overhead and high margins
An online business will often allow you to eliminate some of the huge costs associated with an offline business but do remember that having a virtual office requires some additional tools, equipment and resources to keep it running professionally and profitably
Access To A World Wide Market
The beautiful thing about an online business is the ability to run it 24/7 without boundaries. There are no geographical boundaries and there are no specific hours of operation -- an online business can produce revenue around the clock, even while you sleep
With a well thought-out social media plan, search-engine optimisation and paid media strategies, an online business can thrive.
You have access to the entire world right at your fingertips
The luxury of being able to target specific states, regions and countries gives an upper hand to online-based businesses
As one of our valued subscribers reading our emails we would love to know if you have previously invested in an online business or are you considering it in the future?
If it's been one of those things on the "to do" list and the timing has never been quite right or you've tried something and it didn't quite work out as you expected (we've all been there) then we highly recommend you get plugged into our recommended system and get a head start now before the recession bites...
We've got a Free On Demand Webinar you can register for from the comfort of your own home, the beach or favourite coffee shop
Register here
And let us know what you think
