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Starting a Business OnlineJennifer JohnsonProfessor Michael HowardFundamentals of E-BusinessSunday May 3, 2015
Running a business can be a difficult thing to do as it is without adding in the online would to it. So a business needs to ask itself if it would be successful and consider numerous things to determine possible success rate. One thing they need to do is perform what you call a SWOT analysis in order to determine if selling their products online would in the end be beneficial to the company overall. Another thing they need to do is make sure everyone working for the business fully understands that with doing business online it is worldwide which can provide not only more opportunities but difficulties as well. All the different legalities must be known. Knowing all you can about selling products online can be beneficial to you and give you the upper hand over businesses that do not know. SWOT is the abbreviation for Strengths, Weaknesses, Opportunities, and Threats. And with that there are several advantages and disadvantages of taking a small, local clothing store onthe Jersey shore Boardwalk online. An advantage to expanding there’re business online would be