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Negatives:
Can leave
businessman feeling isolated:
This is very common. Because
world wide web is faceless (In most cases), it can appear cold and inhuman. This can leave you feeling isolated and very inward. Not a nice feeling at all. Everyone likes to socialize and meet people, but in this case, its quite difficult to, in business anyway.
Hard to tell if people are lying:
There is so much information on
world wide web now, it's sometimes hard to tell
difference between crap and quality. A lot of
crap is targeted at newbies. Here's an example "Make money fast by doing NOTHING", sound familiar? I bet you've had a ton of emails saying something similar.
Information Overload:
Once again we get to
part of there being a lot of information on
world wide web. There can be too much good information too. There can be a lot of competition for an industry, this can leave you more confused than if there were presented with loads of crap. You might not be able to tell who to chose. If you are a veteran of
net, you wont have much to worry about, however if you're a newbie then this is a problem.
The above are
positive and
negatives. Overall, I would definitely say that if you can do business online, then definitely do it.

Stephen Warren, the creator and webmaster of http://www.marketershandbook.com , a completely free business and marketing resource which anyone may use.