Starting a Business Online, Part 1
Jesse E. Johnson
Pro. Ryan M. Coleman
Fundamentals of E-Business
25 January 2012
I, owner of small clothing store, have decided to engage in e-business. There are numerous legal and ethic issues that one needs to comply with, before starting a business online. A small business owner also has to deal with some cybercrimes in order to ensure the economic growth of the business.
Table of Contents
SWOT analysis 4
Strengths 4 Weaknesses 5 Opportunities 5 Threats 5
Issues in conducting international E-commerce 6
Laws and regulations 7
Traditional boundaries 7
Speed of business 8 Online crimes 8
Electronic transaction 8
Copyright & Trademark 9
Starting a business online
The success and the economic growth for any company depend on how they evolve with the trends and develop their strategies with the optimum use of resources, in this competitive world. I own a small local clothing store alone the jersey shore boardwalk, and there are 2 billion internet users in the world, in a booming e-commerce, I have decided to expand my business through e-commerce.
The first task is to develop organizational strategies, concerning the four factors to set up my company’s operative structure. These four elements are a company’s strength, weaknesses, opportunities and threats (Craig et. al., 2003).
We sell high quality, fashion clothing in our store and have a reputation of providing excellent customer service. Our strength also lies in the fact that we sell beaded and embellished clothes from Asia, which is unique in jersey shore. We have trained staff and managers providing quality services and products to customers. Our strengths allow us to make economic value and gain
References: Craig, F.S., and Bensoussan, B.E. (2003), Strategic and Competitive Analysis: Methods and Techniques for Analyzing Business Competition. Upper Saddle River, NJ: Prentice Hall. http://www.facweb.cs.depaul.edu/asettle/research/ect250/notes/legal.ppt. Data retrieved on 1/19/2012. http://www.worldacademyonline.com/article/17/335/legal__ethical__and_tax_issues_of_electronic_commerce.html. Data retrieved on 1/19/2012. worldacademyonline.com/article/17/335/legal__ethical__and_tax_issues_of_electronic_commerce.html Jay, B. (2002). Gaining and Sustaining Competitive Advantage. 2nd ed. Upper Saddle River, NJ: Prentice Hall. Robert, B. (2003), "International Legal Issues of E-Commerce" Legal Updates.