The debate "Online business is riskier than offline business" was started by
March 30, 2014, 9:05 am.
6 people are on the agree side of this discussion, while 2 people are on the disagree side.
There needs to be more votes to see what the common perception is.
It looks like most of the people in this community are on the agreeing side of this statement.
echofrommadiun posted 1 argument to the agreers part.
tkershaw3 posted 1 argument to the disagreers part.
echofrommadiun, wmd and 4 visitors agree.
tkershaw3 and 1 visitor disagree.
On the other hand, brick and mortar businesses mean an investment in property, employees and merchandise for physical display. So, that's a much bigger up front investment, which is definitely more risky.
In online business, the buying and selling process are carried out in cyber space through the internet. In other words, there is no real transaction as the seller and the buyer do not meet in person. Trust is very important in online business. That’s the reason why online business is riskier than offline business. There are a lot stories about people being scammed in online business. So, in online business, we need to make sure that we are having a business with a reliable person or a legitimate company.