In the future, business owners will subscribe to the service and then log on and enter information. Software will do a business owner's accounting, answer legal questions and do all the work now done in a back room or an office. Subscribers will simply pull it up on their browsers as they do the Internet. Yocam says small businesses generally cannot afford to spend either time or money in person for all of the services the Extranet will provide via modem. The proposed network does have limitations, however.
Questions abound regarding the taxes and regulation of online transactions.
Yocam says there are already serious issues regarding online traffic over state lines, let alone international ones. Those are things we need to work out. I've met him a couple of times. The first time was years ago before things really took off. Someone told me that guy in the jeans over there was going to be the richest man in the world.