Top 3 Challenges of Running a Web-Based Company

Whether you're an entrepreneur in search of an exciting new way to earn a full time living or just a person with a pronounced passion for something that could generate supplemental income, the allure of launching a web-based company today is immense.
On the surface, the costs are low, the hours are flexible, and the convenience of working from home is second to none. But with these obvious benefits come the equally unavoidable challenges, says Steve Dalton, director of business development for Golden Technologies.
Dalton contends that entrepreneurs who don't plan for the inevitable challenges and opportunities that accompany running a web-based business stand to deliver a potentially fatal blow to their startup.
According to Dalton, one of the biggest challenges new web-based firms face is being ill-prepared for a degree of success greater than that which was anticipated.
"What if it explodes in growth," Dalton asks. "Are you ready? What if the emails go from 2 a day to 100? Can you handle 100 emails a day or are you going to chuck your Blackberry out the window? It's a good problem to have but it can be a problem. The last thing we want in a web based business is a glitch. You only have one shot at many of these customers. And if you lose that one shot they may never come back."
Steve Dalton recently shared with the Intuit Small Business Blog what he believes to be the top three challenges of running a web-based company today.