* Can be very cheap start up costs (domain $8, hosting $10) when compared to other business such as owning a shop, for example a pizza takeaway has to buy ovens, ingredients etc..
* You can run your business from anywhere
* Low overheads (hosting and maybe staff costs)
* The internet is still a open market, lots of opportunities for new business models exist.
* If you get it right you can have super fast growth. For example Youtube was only started in Feb 2005 and was sold for $1.65 billion in October 2006. It only took them 21 months to grow to be worth 1.65 billion which is amazing.

The Internet provides many advantages over traditional selling, purchasing and marketing procedures, and Winters' "B2B" Web site uses all of these advantages.

A major advantage is that information about products and the selling of products is interwoven like never before.

The Internet enables a company to showcase its products, provide up-to-date information, specifications and applications, as well as sell products all in one place.

The information provided on the Internet, as well as product offerings, can be changed or be updated instantly.

The Web is good for business on both ends of an exchange because of the convenience and speed.

Products can be sold or ordered 24 hours a day, seven days a week, 365 days a year without the need for support staff.

The Internet is faster than traditional selling methods, which take longer to complete than Web-based transactions.

Online ordering helps to eliminate errors and make order processing more efficient.

A customer can only order products with supplied codes, which eliminates the need to copy the code or double check to ensure accuracy.

E-commerce creates the atmosphere of a global selling place.

There is no limit to the amount of products offered by a company.

E-commerce is no longer just a way to order a book or a new music Cd.It is not a fad that will fade away. E-commerce has evolved from overnight success stories like ebooks.com to the largest companies in the world, such as Ford Motor Company, claiming their corner of the Net.

The Internet is not only a great place to make it rich with a good idea or service, but is also a great tool to aid in business transactions.

For example, the automobile industry is advocating the use of the Web as a tool to aid in business transactions with the emergence of online quotes and financing.

Winters' new Business 2 Business Web site is a tool designed to aid in business transactions.

The Internet provides many advantages over traditional selling, purchasing and marketing procedures, and Winters' "B2B" Web site uses all of these advantages.

A major advantage is that information about products and the selling of products is interwoven like never before.

The Internet enables a company to showcase its products, provide up-to-date information, specifications and applications, as well as sell products all in one place.

The information provided on the Internet, as well as product offerings, can be changed or be updated instantly.

Hi

Networking
# Another benefit of the Internet for business includes the availability to network with other businesspeople and organizations. Many Internet businesspeople have created organizations with others in their field in which they can talk about the challenges and rewards of Internet business. This interchange of encouragement often helps new businesses experience growth.
Saves Money on Office Supplies
# Businesses that use the Internet for transactions save money on paper and other office supplies. Instead of mailing or faxing multiple letters to clients and other businesses, they can correspond via email or set up paperless eFax accounts (see Resources).
Affiliate Programs
# Internet businesses that participate in affiliate programs gain extra income by marketing the products and services of other companies on their websites. Many companies that regularly do business with certain companies join these programs, which help both companies gain more customers and revenue.

Thanks