visit a company that is involved in E-business. study different aspects they keep in mind while preparing business plans for E-business. include information about the payment mechanisms, security and safety of business transactions. also include the steps they follow while implementing the plan and starting the business.
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Answer:
In case of E-business , firstly companies literally enjoy the advantage of advertisement on huge level. E-business is mainly operated through the network or online. In E-business, the payment method goes online through debit cardsz credit cards ,paytym, Google pay etc. These transactions are little risky too but there are pros n cons in every business. Secondly, the level of the business depicts how risky the business is!
Major steps to be followed while starting E-business can be as follows:
1. Looking for the best plan or idea regarding which we want to start a new business.
2. Looking after the resources and inputs for that business.
3.An alternative plan regarding the resources n inputs.
4. Establishing a controlling, organising and finance team
5. A Good Advertising agency for your product.
6. A best plan to be implemented now n we are ready to start.