Home-based e-business - an option for the self-employed?
Setting up a home-based e-business is now a viable proposition for self-employed individuals in Hong Kong , as the author can attest to this. Although still lagging behind North America and Europe , the basic infrastructure is here, especially the means to accept online payments. The level of competency in English is high in Hong Kong and there are efficient and economic postal and courier services. However, a home-based e-business is not for everybody as a fair degree of competence in the use of e-business resources is required. The most suitable type of e-business for Hong Kong residents is the selling of physical products either through auction sites, or through online shops. The ever-increasing amount of unemployment, and with the waiver of the business registration fees for 2002 should encourage more people to set up e-businesses.