Starting a business can be an exciting and potentially rewarding venture. To help you get started, I’ll provide you with a detailed overview of the key aspects you need to consider. This guide focuses on online businesses, given the explosive growth of e-commerce. Global e-commerce sales are projected to reach $6.86 trillion in 2025, an 8.37% increase from 2024. We’ve enhanced this edition with real-world case studies, modern trends like AI integration and sustainability, region-specific legal advice, interactive checklists, and a new section on avoiding common failures.