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The online retail industry is forecast to account for 24.5 percent of global retail by 2025. So there’s never been a better time to start an ecommerce business. But it might seem overwhelming to decide on everything from naming a business to developing online marketing strategies.

Whether you’re building your business from scratch or already have a business plan in the works, this complete guide will help you to set up an ecommerce business. Launching and running an online store is quite different from a brick-and-mortar business, as you will see below.