Compared to running a traditional brick-and-mortar business, the costs of launching and running an online business are considerably lower. You don’t have to pay “rent” in the traditional sense, you don’t have to worry about heat and water (aside from the basic utilities you’d be paying for anyway in your home), and there is practically no physical maintenance to speak of either. At the same time, you can’t possibly assume that your online business doesn’t need any infrastructure at all or that you don’t have to open your wallet in order to turn a profit. And one of…
Article by John Chow dot Com. Read entire story here.
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