It slipped to my mind on how stable does an online business. I’m thinking that my online store will soon stop sending money to my bank account because online business isn’t stable source of income. I think every online business needs to be updated in order to compete with other online store business like my online business. For example since my competitors are now using merchant account to received payments, I recently apply for a merchant account as well for my online store.

Last night, we talked about it by my sister and we both agree that in the next 2-3 years are online income won’t be the same compare to what I’m earning online. I just hope that if ever it would happen I’m prepared on that situation and I have enough savings in the bank in order to start another business either online again or a local store. I have to plan it first.

Posted on January 19th, 2008 by admin
Filed under: Business