The answer is (2) Developing a business plan
Before starting a business, you must chalk out a business plan that enlists the aims, obstacles and goals as well as the requirements and the competitors in the field. But before shifting a business online, the business owner must curate a new business plan keeping in mind the online space. They must know who their new target audience is and how to reach them effectively.
What's the Biggest Challenge for Most Businesses When Going Online?
The answer to the question - what's the biggest challenge for most businesses when going online is developing or curating a sound business plan for the online space. The business owner must formulate a new strategy for the new platform and determine who is the target audience in this case.
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