reduce operational cost and to create a more transparent business environment when dealing with government. Lowering cost of doing business – electronic transaction save time compared to conducting business in person. Cutting red tape – rules and regulation placed upon business normally take time and are most likely to cause a delay in (G2B) will allow a much faster process with fewer delays and decreasing the number of rules and regulations. Transparency – More information will be available, making G2B easier to communicate. Government to business key points Reduce the burden on business by adopting a process that enables collecting data once for multiple uses and streamlining redundant data. Key lines of business: regulations, economic development, trade, permits and licenses, grants/loans, and asset management. Difference between G2B and B2G Government to business (G2B) – Refers to the conducting of transactions between government bodies and business via the internet. Business to the government (B2G) – Professional affairs conducted between companies and regional, municipal, or federal governing bodies. B2G typically encompasses the determination and evaluation of proposal and completion of the contract. Conclusion The overall benefit of e-governance when dealing with business is that it enables the business to perform more efficiently. Challenges – International position E-governance is facing numerous challenges world over. The traditional approach for introducing e-governance is just not sufficient due to the complexity from wide variety of application architecture mix from both legacy and modern worlds that need to be brought into the purview of e-governance. These challenges are arising from administrative, legal, institutional and technological factors. The challenge includes security drawbacks such as spoofing, tampering, repudiation, disclosure, elevation of privilege, denial of service and other cyber crimes. Other sets of problems include implementation parts such as funding, management of change, privacy, authentication, delivery of services, standardization, technology issues and use of local languages. See also E-governance in the United States E-learning Department for Business, Innovation and Skills Government by algorithm Open-source governance References Further reading Government-to-employees (G2E) in Singapore Messaging Sub-Systems in the UK Government - an overview of G2G systems at use in the UK (author: Wayne Horkan) News on eGovernance , India, official website Department for Business, Innovation and Skills (BIS), United Kingdom, official website G2B portal of the Government of Perm Region, Russia, official website E-government