How the Government
supports E-Business.
E-Businesses are growing, why?
An E-Business is any business that uses the internet as a How has the government
means to complete either all or most of its transactions,
so why are they becoming more popular? The main supported E-Business Growth?
reason why E-Businesses are becoming more popular is
because using the internet as a platform enable The government offers free training and advice to
businesses to reach customers who are much further businesses that making a switch to become E-Businesses
away that they would be able to with a physical store. or to new E-Businesses. The service Business Link was
This is especially useful for customers who are ordering replaced by gov.uk in October 2012. This is where more
products from another country, this can be achieved from information regarding E-Business can be accessed,
a couple of mouse clicks. From devices that are widely including information regarding creating your E-
accessible including smartphones and computers. Business, Funding your E-Business etc.
Articles also include; information regarding the E-
Commerce |Regulations of 2002, these are the rules that
surround how E-Business can take place through the
whole of Europe, it states what information should be
There is also room for debate about whether E- provided during online transactions and if the retailer or
Businesses are cheaper to run than standard businesses as service provider doesn’t provide the required information
E-Businesses may not need to hire employees to pay and then they have potentially breached the state retail law.
they won’t have to pay for things like rent and utility The Consumer Protection Regulations that are designed
bills. Since the E-business may not have to pay for these to protect the buyer from products and services that are
things then the E-business can reduce the price of their miss-sold and or faulty on the Internet. This requires the
products because there are no other costs incurred to supplier to provide all relevant information to the buyer
inflate the prices of their products to balance, this comes before the transaction is concluded, the confirmation of
around full loop as consumers are likely to look for the this information in writing and a cancelation period of 7
cheapest prices possible. working days during which the buyer can withdraw from