Editing Electronic business (section)

=== Advantages ===
When looking at e-business we have many advantages, which are mostly connected to making doing business easier. The benefits of implementing e-business tools are in the streamlining of business processes and not so much in the use of technology. Here are some:

* Easy to set up: electronic business is easy to set up even from home, the only requirements are software, a device and an internet connection.
* Flexible business hours: There are no time barriers that a location-based business can encounter since the internet is available to everyone all the time. Your products and services can be accessed by everyone with an internet connection.
* Cheaper than traditional business: Electronic business is less costly than a traditional business, but it is more expensive to set up. Transactions cost are also cheaper.
* No geographical boundaries: The greatest benefit is the possibility of geographical dispersion. Anyone can order anything from anywhere at any time.   
* Government subsidies: Digitalisation is very encouraged by the government and they provide the necessary support.
* Newmarket entry: It has a great potential to enable an entry to a previously unknown market that a traditional business could not.<ref name=":0">{{Cite web|title=Benefits and Limitations of e-Business : Dis-advantages, Solved Questions|url=https://www.mathstopper.com/guides/business-studies/emerging-modes-of-business/benefits-and-limitations-of-e-business/|date=2018-03-10|website=Toppr-guides|language=en-US|access-date=2020-05-29|archive-date=2020-07-30|archive-url=https://web.archive.org/web/20200730215421/https://www.mathstopper.com/guides/business-studies/emerging-modes-of-business/benefits-and-limitations-of-e-business/|url-status=dead}}</ref><ref>{{Cite web|title=Advantages Of E-Business in Today's World {{!}} Sri Lanka Tourism Development Authority|url=https://www.sltda.lk/e_business|website=www.sltda.lk|access-date=2020-05-29|archive-date=2020-02-20|archive-url=https://web.archive.org/web/20200220123605/http://www.sltda.lk/e_business|url-status=dead}}</ref>
*Lower levels of inventory: Electronic business enables companies to lower their level of inventory by digitalizing their assets. (i.e.: [[Netflix]] does not sell anymore physical DVDs but proposes online streaming content instead).
*Lower costs of marketing and sales: E-commerce allows the actors of the industry to advertise for their product/service offer (i.e.: house rental) at generally lower costs than by promoting physically their business.