1. OFFICE SPACE
In modern business climates, this line has been altered as business deals are sealed online. An active social media account can be tagged as the new “office space”.
2. A HUGE MARKETING BUDGET
With the dominance of the internet, traditional media have become less relevant. With the social media you can engage in online advertising requiring just sufficient internet subscription.
3. TOO MANY STAFF
Usually, business would have peripheral staff like security personnel, cleaners, front desk officer etc. Going virtual cuts down on staff portfolio.
4. THE PHYSICAL PRODUCT
With the modern business trend made possible by the internet, you necessarily do not need to have the physical products before starting a business. All you need do is to have suppliers on standby who are ready to deliver the product based on request from your customers.
