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There are many types of business suited for doing business online. Those types of businesses give customers the convenience of instantly purchasing what they are looking for without having to head out to a store. Another good thing about online businesses is that they require much less risk than investing dollars in a brick-and-mortar store or office. With some basic website and communication skills along with a little maintenance know-how, almost anyone can launch a business online and get it up and running in only days.
Online Business Idea
For this project you are going to write a proposal for a new online business.
Describe the online business
Discuss the problem your business is trying to solve
Identify your target market and the customer profile
Compare your idea to the competitors
Examine what makes your internet solution different than your competitor
Explain to your potential investors the effectiveness of this online idea.
What motivates you to assume and retain your position? How your company built a successful customer base?
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Write a paragraph in which you present the main idea(s) you think the company should present to shareholders in the annual report.
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