Brick and Mortar Business vs Online Business
Brick and Mortar Business vs Online Business
Have you ever considered the differences?
Obviously there are quite a few people that take a dim view of online businesses today. Why, I really don't Know. Lets do a little adding and subtracting on both sides of the fence, I believe some people are going to be surprised by the numbers.
Brick and mortar Businesses in most cases we have a building. Cost of building,heat,hydro,maintenance,property taxes,furnishings, insurances, equipment etc...Next would be employees, paperwork, you're time, depending on the type of business, there may be vehicle expenses like gas, repairs, cost of vehicles.
These are just a few of the regular, normal expenses brick and mortar businesses incur. Consider most small businesses whatever they may be someone most likely came into it by putting up cash, property, to take out a hefty loan, then there's the interest on the debt. Realistically they will be working the business for 3or 4 years before it ever starts to turn a profit.
Why do people do this? It's being done everyday! Admirable, yes. But why? Because this is the way Mom and Dad did it or because it seems everyone else has been doing it this way.
I believe I just described the typical brick and mortar business. Minus the headaches. There is always the possibility another similar business moving into the neighborhood, or any other number of factors. The economy takes a nose dive, a large nearby factory closes. Given the statistics it's a huge gamble.
Now to Compare the Online Business
Lets look at an online business. A home based online business. Bottom line is we are looking at 20% expenses, 80% profits, there just isn't to much overhead. Most of it is advertising you're online business opportunities, products and services you partner with.
Along with a few small monthly fees required to run and manage the online business.
Some of the other benefits are, you are still in business only now it's working with like minded people. Everyone is on equal footing, you're part of a team, a community. No more commuting back and forth everyday, set you're own hours, work from the comfort of your home, or anywhere else you can have an Internet connection and phone.
Another benefit, the automation, the 24/7- 365. Just about everything concerning an online business can be automated. Why are there not more people with online businesses? They didn't know about it number one it's a bit like it crept up on people.
Times are changing rapidly online today. Other than that there are people that just don't believe it or think it's over they're heads.
Here's the truth, there is a lot to learn but it can be learned, it is hard getting an online business set up, not impossible, more and more people are doing it every day and most had no computer skills at all when they started.
It's programing in all the information, it does not happen by itself, for example setting up a website, when it's done it's done. It's also working for you around the clock, around the world. Setting up an online business is not something that's taught in school.
We are talking serious business with serious potential for serious people. The hard part is getting started, the analogy is, it's like a plane taking off using almost all the fuel until it hits cruising altitude then it just goes and goes with little effort.
The difference is this, you could spend years and tons of cash setting up brick and mortar business before you ever see a dime. Learning to get an online business set up and making serious money can be a matter of a few months and for 95% less on the expense side, we already discussed overhead side.
Like to look into it for yourself? My website.
http://toponlinemarketingnow.com
Brick and Mortar Business vs Online Business
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