Your business can benefit from a web presence certainly. Just about any type of business can reach new customers, retain existing customers, and keep in touch with other professionals through the new social features of web. Sites like facebook and myspace exist to make money. Your money Most people click through the privacy and terms of these sites without reading them thouroughly. The danger of this is that you are essentially giving away all of your information. You see, sites like Facebook, Myspace, and Linkedin have large data-centers and a huge electricity bill.