The current world, fully turning into digitization, has made opening an online business very attractive for both entrepreneurs and established businesses. The benefits associated with online ventures prove compelling, especially compared to traditional brick-and-mortar enterprises. Here are several reasons why starting an online business is a good idea. 1. Lower Startup Costs - The major advantages that  come with starting an online business are the considerably reduced startup costs. Most traditional businesses require huge investment in physical premises, inventory, and staff. This way, an online business can be started from anywhere, even from a home, to begin with, which would have very minimum investments in some digital tools and hosting platforms. This financial viability makes more entrepreneurial aspirations within reach for many, who need not worry about high upfront investments.  2. Global Market Reach - The internet has no geographical boundaries, and it enables on...