For those of us who derive our income mainly from online sources, the world neatly divides itself into off-line and online. I couldn't imagine not having a website, because my website is my helpdesk, storefront, customer resource center, and so on.
I'm sure many off-line businesses are doing just fine with a physical presence alone, but in my opinion they're not reaching their potential if they don't have any website at all. Even a simple, one page website is 100 times better than having no online presence. For many people who often starts their search online, you may have the biggest storefront in town and yet not exist at all In their eyes. I know I've passed over businesses in the past because I couldn't find them on Google.
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