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## The Advent of Online Businesses The technology-driven era we live in has given birth to a new type of venture: an online business. As the name suggests, an online business is any business that operates predominantly on the World Wide Web. This encompasses everything from small-scale entrepreneurial ventures to large multinational corporations. ## Types
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Gains and Losses It would probably be ideal if business and life were as simple as producing goods, selling them and recording the profits. But there are often circumstances that disrupt the cycle, and it’s part of the accountants job to report these as well. Changes in the business climate, or cost of goods or