Online businesses are more risky

[neku]

Many online businesses are disappearing within a decade, because larger companies are destroying the entire sector, while offline businesses continue for decades. So do you agree tha starting an online business is very risky?

 

[Augusta]

Online businesses are often perceived as riskier than traditional brick-and-mortar businesses due to several factors, including cybersecurity threats, competition, and reliance on technology.

 

[eLdavis]

Yes most online business are mostly considered a lot more risky than other businesses offline cause there is usually no offline places you can reach out to them if there is an issue.

 

[freelancermaria]

You’re right, online businesses carry more risk because of increased competition. Moreover, not all customers feel comfortable shopping online because of concerns about scams and security issues.