Ease of formation and lower investment requirements

Compared with the many procedural requirements of setting up an industry, e-business is relatively easy to start, and its benefits are available to big and small firms alike. This is why the internet has popularised the saying that 'networked individuals and firms are more efficient than networthed individuals' — meaning that even if you do not have much investment (networth), but you have contacts (network), you can still do excellent business. …