Why Start an Internet Based Business?
1) Freedom: you can work from anywhere! Whether you're looking for a way to be at home with your family more, or the freedom to travel the world while still running a successful business, anything internet based and free of inventory will allow you to do it.
2) Overhead: instead of paying thousands of dollars on month on rent and utilities, the only space you're leasing for your business is your domain name. And that's pretty cheap: places like GoDaddy.com sell domains for as little as $5 a year. Then if you tack on email, hosting, maybe a website building program, you're still coming out under $200 a year for a basic plan. Compare that to $2000 a month in rent for a storefront on Main Street. Not bad!
3) Malleability: you can change your business literally with a few strokes on the keyboard. Especially when you do not have inventory, you can alter the look and feel of your web presence in less than 24 hours. Think your visitors would like to see more pictures? Add them! Want to create a newsletter? Easy! Gotta love the internet for that.
4) Taxes: when you operate a "home based business," you can write off all kinds of expenses on your taxes. Referring back to #2, instead of paying rent for a storefront, you can write off at least part of your mortgage or rent payments, utility bills, and other expenses used for your enterprise. In these uncertain times its great to save any way you can.
5) Growth Opportunities: The only roadblock to expanding and growing your business is YOU. There is a learning curve with any new business, so if you want to grow faster, dial up the education and resources (time, energy, financial) you give to your business, and you will expand. It's very freeing knowing that no entity or other person can hold you back from becoming even more successful.
If you'd like to know more about my internet business, visit http://www.flourishfinancial.net.