Sunday, December 02, 2007

Is There Really A Best Home Business Opportunity…Or Are They All Equal?

Copyright © Michael Laleye

One of the top questions people have when looking for a home business opportunity is whether any of them are really any better than the others or are they all about the same. That question however, is not that easy to answer as there are many variables that go into what makes a home business successful. In reality, there are two types of home businesses that have to be reviewed first and those are the legitimate ones and the ones that only out after your money.

The internet, as well as many magazine ads are fraught with offer for home business opportunities and there are a few signs that may indicate what they are offering is not always going to pass legal muster. Large upfront membership fees for which there is little to indicate what the benefits are to holding a membership. Businesses that require a business operator to pay for product in order to be eligible for commission payments on sales and a lack of personal contact information are just a few of the red flags to be cautious of in looking at a home business opportunity.

Once all the legitimate businesses have been identified, there are a couple of variable that you have direct control over. It is not secret in any type of business that the more a person puts into it, the more they can expect out of it. In other words, the harder you work, the more return you will see on your investment of either money or seat equity. The type of product and service being offered will also have a significant impact on your ability to be a success.

For example, a business selling ice cubes in the Arctic Circle may not fare as well as one selling the same ice cubes on the equator. The product being sold must have a local market and some of the best home business opportunities deal in consumable products, that is products that people will need to replenish as they are used. Selling cemetery plots for instance, may generate a few sales, but most people will have no use for more than one and expecting a long-term income may be foolhardy.

Additionally, companies that offer multiple layers of distributors a piece of the commission on any sales have to price their products high enough to keep everyone in the supply chain happy. This can be an indication the product is overpriced or of inferior quality and sales may be extremely hard to come by.

In order to judge whether a business is the best one being offered you have to consider your location, the market and repeat market for the product as well as its price. Look at the demographics to insure there are enough people that may need the product as well as the level of competition you will have in selling the product. Once you have done all the research and decided on a company and a product, it is your work ethic that will determine if it is the best home business opportunity you can find. Otherwise, they are all pretty much the same.

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