What Are the Key Elements of a Profitable Internet Business?
When you are exploring opportunities for a profitable internet business, it is essential to understand the key elements which drive such a business. A mere statement supported by a series of testimonials or experiences which others claim to have had may not necessarily help you. Take each of the opportunities, one at a time and consider how realistic the claims are. Consider the following carefully before you embark on any one of them. 1. Return on Investment What is your investment to create an internet business? If, for example, you opt for a franchise, there can be a franchise fee which you pay up front. Does the franchiser enjoy a market presence wherein you are able to sell his product or service without a major effort? On the other hand, if you are to do all the marketing and create a demand, then the franchise fee becomes unjustified. Another investment essential for internet business is quality time. What is the price of your time and what are the returns from the business. 2.
