One of the most popular Home Based Businesses for 2007 was Online Retail Stores. Many people want to own their own online store without the overhead of a typical brick and mortar store.
You can see searches being done daily on the major search engines for phrases like online retail store, retail store, web based store, online store and online retail business.
With the explosive growth of the Internet, it’s no wonder online businesses are very popular. Why? Well when you think about the cost of a typical brick and mortar business, there is no comparison. You do not have the normal expenses of a regular business. When you start a business you have to think of rent, utilities, insurance, salaries, inventory cost, advertising and all of the other overhead cost that goes along with getting a business functional. Once you business is up and running it takes time to get the customers up to a level where you are profitable. In many cases banks really like to see profit and loss statements for the last (5) five years. They figure if you are around for (5) five years then you have a good chance of surviving.
When I took a look at what types of online businesses...
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