Impact of the Internet on small businesses Research Paper

Impact of the Internet on small businesses - Research Paper Example by dint of the net income, a business of any size can compete in the global marketplace. In fact, on the net, the size of an organizations operation makes little difference because the internet is an open environment. Similar companies compete against one some other while being only a click of the mouse away. In other words, a emptor can locate numerous sellers offering similar merchandise, similar prices and similar offers in a very short time period. As more mickle and businesses become comfortable with the internet, the marketing landscape will continue to evolve quickly in the coming years (The Influence of Internet on newfangled Business, 2009).The arrival of internet related technologies helped small scale industries immensely. Many of the traditional business concepts were given way for internet related business strategies because of the arrival of computers and internet. For example, internet helped the business world to convert many of the offline market spaces into online market spaces. More over, outsourcing, offshoring like modern business principles were evolved out because of the developments in internet related technologies. Advertising is another in which internet helps small scale industries immensely. Social networks are used extensively by the businesses for marketing and advertising purposes.At the same time, internet has the potence to affect small businesses negatively also. For example, internet helped globalization in many ways. It should be noted that globalization helped corporate companies to expand their business all over the world. The intrusion of corporate companies in small scale industry segments is causing big threats to the small business groups. In short, internet provides both opportunities and threats to small businesses. This wallpaper analyses the impacts of internet on small businesses.The Internet potentially can be used by small businesses to su pport external (inter-organizational and