Ebuzznet

Web Design and Blogging

  • HOME
  • SEO
  • TECH
    • ANDROID
  • BLOGGING
    • DEALS
    • REVIEWS
    • MAKE MONEY
  • WEB DESIGN
    • WORDPRESS
    • THEME
  • SOCIAL
    • FACEBOOK
    • TWITTER
    • LINKEDIN
  • BUSINESS
  • CONTACT

The (Surmountable) Downsides to Running an Online Business

Home > Small Business > The (Surmountable) Downsides to Running an Online Business

There are many advantages to running a business where commerce takes place across the World Wide Web. From not being limited by location to 24-hour accessibility ever day of every week, owning and operating an Internet business has distinct perks, but when you’re eager to throw your entrepreneurial hat into the Internet’s vast ring, it can be easy to overlook the difficulties that accompany such an endeavor.

Downsides to Running an Online BusinessRegardless of whether you’re selling socks, stocks or clocks, there are real pitfalls when you conduct an online business effort. From adequately calculating your online shipping needs to keeping up with software and hardware updates, the needs of an Internet business are unique, real and surmountable. Here is a list of what you need to look out for before you hang up your virtual shingle.

Legal Issues


There are a number of potential legal issues that must be addressed before your online business can have smooth sailing, some of which also plague more-traditional business models. Some of the main concerns are:

  • URL. Before you even start your website design, make sure your web address is available and register it. Be sure also to check that your company’s name isn’t being used by someone else, that it isn’t trademarked by anyone else, and that you’re able to protect your company name and logo with a trademark registration.
  • Copyright. Make sure your web developer hasn’t tried to maintain any control of your website in your contract.
  • Privacy Policy. Have one. Post it on your website, and follow it to the letter.

Computer Illiteracy or Low Literacy


Regardless of what you sell or provide online, as an online business owner, you’ll need to have more than a perfunctory knowledge of the Internet, computers, coding and the like. You don’t need to be an expert at seven different computer languages in order to run an online business, but in order to hire people, contract out work, market effectively and the like, you do need to know what your business needs, and whether or not the people you’re entrusting those needs to can accomplish them. If you’re weak in this area, take some classes and spend some time with online tutorials.

Relationship Development


One problem that arises from an online business is the difficulty virtuality creates in developing relationships with customers and other businesses. Traditional brick and mortar businesses have an advantage because they get face-to-face contact and interaction with customers and potential customers.

When it comes to building business relationships, having a local presence somewhere is also beneficial for the same reasons. Even with video conferencing, email and other technological tools, it can take a while to overcome the deficit inherent in online communications.

Privacy and Security Issues


A mean-spirited hacker can ruin your reputation and create a legal and practical mess. If you aren’t able to take adequate precautions to protect your customers’ data, chances are good that you will have a hard time getting and keeping business, and sadly, hackers can successfully circumvent even the best in online protection.

Keep close tabs on all your data, and if you do discover that your security measures have been breached, be honest with your customers, and deal with the fallout quickly and efficiently.

Valuing Tech Over People


While technology is certainly the nuts and bolts that will keep your online business up and humming, it’s the people who work for you and the people who utilize your goods and services that matter most.

It can be tempting to believe that an Internet company is run by the Internet, but so far, that isn’t the case. Treat employees and customers like your most valuable assets, and you’re much more likely to stay afloat — even when your website goes down.

Staying Updated


One of the most expensive aspects of running an online company is keeping your hardware and software updated. From servers that need upgrading to aging laptops, printers, routers and more, staying abreast of technology’s regular changes is essential. If you plan for yearly updating expenditures that will not cease, you’ll be able to stay on top of the necessary tech trends that can keep your business in the black.

Running an online business has many advantages, and being able to reach a global marketplace while being your own boss is a pretty good situation, but there are downsides to an Internet business, too. Thankfully, those downsides can be overcome simply by staying attuned to them and addressing them as they arise.

Jason Harris is a contributing blogger. He lives in Spokane and operates an online running store.

Share
Twitter0
Facebook177
Google+1
LinkedIn0

Filed Under: Small Business Tagged With: online

About the Author

Tech and Small Business Blogger

How to Update TomTom Map


Update TomTom Map for Free

How To Hire An SEO Consultant

How to Select the Right Format for Blog Videos

Best SEO Strategies 2013

Important Questions You Must Ask Yourself When Starting A Business

Mind-Reading Techniques Top Brands Use To Get Inside Customers’ Heads

Benefits of Search Engine Optimization

Cloud Hosting Explained – Guide for Beginners

How The Best Websites Make A Sale

Fundamentals of Social Media Marketing

Buying High PageRank Domains | What To Take Into Account?

Why You Shouldn’t Worry About SEO Ranking Reports?

SEO Trends for 2013

Revel POS System Innovative and Unique

Project Management Then & Now

Why Attending A Concert Is The Perfect Date Night

From SEO To CRO: Explaining Internet Marketing Terms

What To Look For When Hiring Senior Management

Starting A Business? Here Are The Steps To Take

Things You Need To Compare While Buying Smartphone Online

Red Flag To A Bull: Why Your Current Complaints Procedures Are Antagonizing Angry Customers

5 Tips To Select a Reliable Web Hosting

How to Choose the Right Server Hosting Services?

10 Steps to the Ultimate Car Dealership Business

The Top 3 Trends In Twitter Marketing For 2013 – eBuzznet

Running a Participatory Post and What You Bring To Your Blog

Top 5 Action Cameras for Bikers

5 Free Calling Apps to Chat and Make Video Calls

How to Establish a Growth Strategy for your Organisation

The Secrets Of A Successful Office Move

Why WordPress is Better than other CMS?

Recipe Manager App for iOS Devices

Recipe Manager App for iOS Devices/

Ebuzznet, All Rights Reserved Web Design and Blogging | Free Blog Setup | Write for Ebuzznet | About Us | Contact Us | Privacy Policy | Disclaimer