Differences between Homebased and Online Business

Ano nga ba ang pagkakaiba ng Traditional sa Homebased Online Business? Watch natin ang video na 'to..




Traditional Business

Ang Traditional Business ay mga business na usually nakikita natin sa paligid,sa mga streets,sa loob ng malls ang anywhere in the big cities.Cafes, restaurants, offices, factories, Bookshops,Bakeshops,etc..lahat sila ay tinatawag na "traditional business"



  • These business requires a lot of Manpower,ibig sabihin kelangan mong mag hire ng tao,at least more than two.
  • Requires a big space and set-up, kelangan mo ng malaking space dahil kelangan mong mag accommodate ng mga tao ayon sa customer's demands.Laging may risk ang iyong investment because these type of business requires a huge investment to start which a common man cannot afford.
  • Lots of travel time - The 30 minutes you use to commute going to work or the 10 minutes spent for walking to the office building can be used for other worthwhile activities, like conceptualizing on a project or trobleshooting. 
  • Limitations in time - usually traditional business operates in the daytime, one should do more physical as well as mental work to attract the large number of customers,one have to work for full time.
  • There will be always ups and downs in traditional business such as
  •  Typhoons

  • Floods 


  • Earthquakes
    

  • Tsunami,Buhawi

  • Fire
If you fail in one business then it's very difficult to start another one.

Online Business 

In contrary,an Online Business does not require most of the elements required by a traditional business.

1.An online business is done over the internet.It does not require a lot of manpower.As long as you know what you are doing you can do it by yourself.

2.It does not need an office.Your computer can be your office,no space rental needed.You can communicate with people far and near and sell goods to people even if you dont know them.Vry quick for attracting large number of customers.no need to contact customers directly.It is faster way to get connected with customers through emails,social networks,etc.

3.You do not need a store for an online business as long as you are selling a digital products.I don't say that there is no risk but the investment is so minimal and the profit level is so high,risks are not counted in Online Businesses.

4.Online Business gives you more freedom to get comfortable with your work environment that you have chosen for your own.You can start it at free of cost,this you can do as part time job and if you got huge success,left the present job,it's possible.The more you put efforts and more you can earn in online.

5.Does not requires technical knowledge,but having knowledge is an advantage.You can do it from your own home or cyber cafe because this type of business do not required any set-up,only a computer with Internet connection is sufficient,online business has no time limit if you wish you can do it as 24/7

In case of online business, the social networking plays an important role.If you're choosing an Online Business,we can help!


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