Owning an ecommerce business is highly benificial for several reasons. Many first time internet entrepreneurs are focused on the monthly income but what about the long term investment opportunity as well? Ecommerce websites are like real estate in that the longer they sit and the better their rankings the greater the site will be worth in the long term.
You not only get to make money on a monthly basis but what about the money you can make long term once you sell the business. Website businesses are not like brick and mortar stores where it's extremely hard to sell your business. Ecommerce businesses are selling at alarming rates and it's predicted that years from now .coms are going to be hard to acquire.
Personally, I have ecommerce businesses for all my children. I use each one as an opportunity to teach my children how to become entrepreneurs and learn ecommerce. By the time they are 16 years of age they will have a business with some good rankings in the search engines and be fully knowledgeable on how to run an internet business.
Upfront Financial Benifits of An Ecommerce Business
-Tax write up on start up costs
-Yearly Tax write offs
Long Term Benifits of Owning An Ecommerce Business
-The ability to sell your business down the road
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