Location Decisions: Advantages of Online Businesses

Learning objectives

By the end of this lesson, you should be able to:

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•list the advantages of an online business.

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Location Decisions | Online Businesses

Business Studies

Let's review our last lesson:

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Business Studies

Location Decisions | Online Businesses

• start-up capital​

  (google the meaning)

• ​searc​h the meaning of start-up

• searc​h the meaning of capital

• ​searc​h the meaning of start-up capital

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​Key terms:

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Business Studies

Location Decisions | Online Businesses

• start-up capital​

• Start-up capital is the money and resources needed to set up a business.

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​Key terms:

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Business Studies

Location Decisions | Online Businesses

An online business is a business conducted entirely on the internet. 

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What is an online business?

Location Decisions | Online Businesses

Business Studies

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§ start-up capital

§ government restrictions

§ flexibility

§ global markets

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​What are some advantages of online businesses

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Business Studies

Location Decisions | Online Businesses

​Start-up Capital

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Business Studies

Location Decisions | Online Businesses

Online businesses do not require a lot of capital to set up.

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Government Restrictions

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Business Studies

Location Decisions | Online Businesses

Governments have different laws about setting up businesses.

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Flexibility

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Business Studies

Location Decisions | Online Businesses

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Online businesses can be run from anywhere in the world and at anytime.

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Global Markets

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Business Studies

Location Decisions | Online Businesses

Online businesses can access customers all over the world.

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​Differentiated Activities

Salama Hamdan

Salama Zayed​

Ghaya​

Rouda

Shahad​

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Aysha Abeer Fatema

Mahra Maitha

Wadeema

Noura

Sehaila​

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Tartil​

Waadima Tariq​

Afra​

Maitha​

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