See the five reasons below
- Low Startup Capital: Unlike running a traditional business that you need to sort-out money to rent a shop space, you do not need to have a physical store or physical outlet to showcase your inventory. So, in this way, you save a lot of startup capital.
- Always Open for Business: For example, if you have a website and its 24/7 ready to accept payment, anyone can pay you anytime anywhere in the world
- Work Anywhere you want: For me, sometimes I work in café, sometimes I work from home. So it’s up to you and you have the flexibility to work anywhere you want. With online business, you can sit at home and become rich.
- Access to Global Market: You have access to global market instead of just a local market. As for me, most of my student for my online course comes from the countries that are outside of Singapore where I live in. So, to go to tap on the global market that have a very huge potential
- Cost Saving: As compared to year ago when I have a physical classroom to conduct my class, now I conduct my class online, so I save the rental, I save the logistics, I save the transportation cost. SO, there are lots of costs that you can save if you decided to run an online business
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