An e-business is a business that is drawing a majority of its income from selling products or services online. The term e-business can also be used to refer to any business practices that are handled electronically such as supply chain management, order tracking and processing, and payroll.
Advantages to running an e-business, as opposed to a traditional business:
Start-up costs for doing business online are considerably lower than opening a brick and mortar store. Basically, all you need is an internet connection and a website. There can be the added cost for advertising and setting up a merchant account so you can accept payments, however, overall, the costs are much lower than opening a store in a building. [Read more...]




