Create your own business with an online store

In the recent years Portugal has overcome a deep economic crisis that has had harmful consequences in various parts of society.
Unemployment has reached very high levels, taxes have increased and incomes have declined. However, the economy as we know is cyclical and today we can say that these times of economic contraction are already behind. Thus, the current economic climate is very favorable to the creation of new businesses and companies. Why not take advantage of this stage and create your own business? It's easier than it looks. In this article we explain how.

The online marketplace

The most recent statistical data leaves no doubt. Consumers are making more and more purchases online. Shopping in physical stores is losing importance at the expense of these. The main reason for this global trend is the fact that an online store allows you to make a purchase quickly and easily anywhere, without leaving home. It is also easier to find what you are looking for in an online store when compared to a physical store. Usually all stores have a search engine that allows you to quickly find the product you want, without having to go through endless corridors to look at all the shelves. The big brands are not indifferent to these advantages and, more and more, bet on this new sales channel.
On the other hand, an online store is the ideal solution for new business because it keeps the initial investment costs low when compared to opening a physical store.

Create my online store

While there is a lot of online material available on how to create an online store by yourself, this will not be the most professional and safe solution. For the end customer it is easy to identify a professional store or a store made by a person with little knowledge. Remember that the online store will be the face of your business and you will not want to show your customers an image of amateurism and lack of professionalism. Nowadays there are many companies offering complete online store development solutions, such as Web House. You will be able to contact them and explain what requirements you would like to see in your store. Subsequently you will receive a proposal, without commitment, for the development of your project.

Legal requirements for online businesses

From the point of view of legal procedures, creating an online store is much simpler than opening a physical establishment. In this case, the only aspect to take into account is that you will have to open activity, with the Tax and Customs Authority. In this way you can do invoices of goods / services traded and thus fulfill all your tax obligations. Also note that there are some tax benefits for new businesses, such as the Social Security exemption in the first year. All this process can be handled online through the "Portal das Finanças".

Conclusion

There is currently a phase of economic growth in Portugal conducive to the creation of new businesses. This can be an excellent opportunity to put into practice your business idea and thus start being your own boss. By investing in the online market you can save on initial investment costs by developing a professional and safe online store that can quickly leverage your business.