Business Basics – Online Versus Offline

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With the increase of popularity of e-commerce sites like eBay, Amazon and Google Places, a whole new world of business transactions is becoming available on the internet. While traditional business transactions were completed at local trading centers and over the telephone lines, internet based businesses are able to transact business globally using a business processor such as RingCentral or NetWERPS. Businesses that do not have a local presence can take advantage of a wide range of business solutions like electronic address books, sales receipts, and shipping labels, without having to handle international customs issues or deal with suppliers and manufacturers who may be thousands of miles away. Business owners have the ability to enter global markets and increase their customer base without the cost of travel and without having to provide employees for international relocation assistance.

The Business Inquiries enable users to search and access information and images contained in the Business Database. The database holds records for all types of businesses, including Real Estate, Professions, Legitimate Professional Associations, Non-Profit Corporations and Private Companies. It is used by companies and individual users alike in an effort to save time, money and frustration when conducting business on the internet. Many e-commerce sites offer a “find people” function, which enables users to find other users by type of business. This process is usually faster than searching the traditional directory methods and more accurate because the Business Inquiries database contains user and company information from all over the world.

Registration and login information for online businesses is safe, secure and easy to manage. Business owners can create custom domain names and secure hosting through leading providers. They can create sales letters, email campaigns and design websites using pre-designed templates. Online business users can find and connect with other business owners, they may have a mutual business relationship with.

International users who want to expand their business can register a domain name for international use. This allows users who do business internationally to have a localized version of their site with a unique URL. This provides users with an easy way to access information about products, prices and transactions locally. Business transactions can be monitored by logging into a password protected area. Personal information is encrypted when transmitted over the internet.

Businesses that sell products or services to consumers over the internet should set up a merchant account. This service provides payment processing capabilities for online purchases. Payments can be processed through credit cards, electronic checks or money orders. Online merchants can take advantage of available online tools such as online store management and marketing.

Small business owners can benefit from the convenience and comfort of working online from their home. Many online businesses are family enterprises run by a spouse or one of several children. Working from home provides a convenient and flexible lifestyle for the entire family. Online business owners can manage their business accounts, obtain and transmit financial information and securely store client personal and financial data. They can also easily and rapidly implement changes to their company website and other online assets.

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