Traditional business and E-business.

Traditional business and E-business.

Traditional business	E-Business
1.Formation A traditional business takes a lengthy and complicated procedure to form	E-Business is easy to form
2. Setting up cost It takes huge capital in order to setup.	It takes a very nominal cost
3. Risk involved Less Risk involved as parties have personal interaction.	High risk involved as there is no direct contact between the parties
4. Scope of business Traditional business is limited to a particular area so the scope is limited.	E-business covers the entire world and so the scope is vast
5. Customer interaction Face to face interaction is possible	In E-business, there is an absence of face to face interaction.
6. Physical inception Goods can be inspected physically before purchase	Goods cannot be inspected physically before purchase
7.Resources focus Traditional business resources focus on supply-side	E-business resources focus on demand-side
8.Delivery of goods In traditional business delivery of goods is instant.	In E-business delivery of goods takes time
9.Usage It is ancient and still in usage where the digital network is not reachable.	It is used to save valuable time and money
10.Accessibility It is available during the limited time	It is available round the clock
11. Scope It is difficult to perform more business in this model.	More business can be done easily without any hassles