How Internet affects small businesses

ISSUE

*HOW INTERNET TECHNOLOGY AFFECTS SMALL BUSINESSES

KEY POINTS

*What is a atrophied employment?

oIts importance in the overall economy

oTraditional Management of piffling business

* growth of Internet

*Internet and Small Businesses

oConditions for Small Business to Succeed in the Internet Era

XIdentification of Opportunities

XStrong Vision

XTiming

XThink Globally

XEntertaining Value of the Web Experience

XCustomer Service

oAdvantages of using Internet in Small Businesses

XReduction of Communication Costs

XReduction of marketing costs and finding modernistic marketing strategies

XExpand access to information

INTRODUCTION

The purpose of this paper is to explain what small business are, their importance in todays expanding economy and understanding how ever-changing technology affects their operations. In the last years, the internet has brought small businesses a lot of innovative procedures that can be use to advance products and services, reduce costs and also put up access to more information.

My special interest in this topic is due to the all-important(a) role of small business in my home land economy, Ecuador. Although small businesses constitute the largest part of the economy (most of them are family own enterprises), the advantages of internet as a business tool have not been developed yet. The use of internet is mainly bound to entertainment and researching purposes but definitely there is still a lot to learn about it can be used for business purposes.

This paper id divided into three main parts.



The jump part gives details about what is consider being a small business, the organizations that regulate small business and the way they are measured; also, defines the importance of small businesses in the U.S. economy; and finally, determines how small business are traditionally managed. The second part is refer about the evolution of internet and its improvements. The third part is the event of the paper because it links...

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