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While starting a business online may be more accessible, it is essential to recognize that you must follow a similar process to creating a traditional business to grow and maintain your online business. While the initial steps may vary, the fundamental principles remain the same.
First and foremost, you need a solid business idea. Like any other business, it is essential to identify a niche or a market need your online business can fulfill. Conduct thorough market research to understand your target audience, their preferences, and their pain points. This will help you refine your business idea and position your online business for success.