Difference between traditional & online business.

In my previous post WHY IN ONLINE BUSINESS? I tried to explain about online business.
Now I will explain the difference between traditional business and online business.
Traditional business means the business which we know about from our childhood.
These are a bookshop, sweetmart, daily needs shop, provision stores, hotel, restaurants,
vegetable shop, department stores, etc. etc.
Traditional businesses have some limitations. You can’t do it as part-time, requires huge
investment which a common man can not afford, unless and until you have some experience
of business you can’t start, unfortunately if you fail in one business then it is very difficult
to start another one, requires big space and set-up, you have to work as per customer’s
demand. etc. etc. etc.
While in online business you don’t required any investment, you can start it at free of cost,
this you can do as part time job and if you got huge success, left the present job, it’s possible.
Online business requires very less experience but if you have some technical knowledge that
is well and good. You can do it from your home or cyber café because this type of business
don’t required any set-up, only a computer with internet connection is sufficient, online business
has no time limit if you wish you can do it as 24 x 7 x 365.
TRADITIONAL BUSINESS
01) Business has local limits.
02) No help from field experts.
03) Physical exercise required.
04) Difficult to change field.
05) Failure is visible to every one.
ONLINE BUSINESS
01) Global business.
02) Experts are ready to help.
03) No physical exercise.
04) Can do in any field of business.
05) No one will know about your failure.
In my opinion online business is very good form of business, for a person who has desire
of his own business. Start it with no investment,improve skills,work hard,keep faith on yourself.