A New Home Based Business Starts Every Ten Seconds - Are You Ready?

by Joe Rispoli

Running your own home based business is just one of many ways to make money. It is the same as owning your own traditional business and should be treated as such. You will need to advertise your business, sell and promote any products and get others to join your team. It takes allot of hard work, not to mention time and dedication. However, the potential for success is great and can be very rewarding.

Before starting a home business you need to figure out what is real and what is a scam. You must do your homework. The Internet is great for researching anything, including getting the facts about any business opportunity.

1. Look for any information about a company before joining. Look for complaints, investigations or misleading information about the products.

2. Try and get a friend for their opinion about a company, not to join with you but just to help you make a decision.

3. Talk to people who are familiar with a company that you are interested in. What sets that company apart from all the rest?

4. Check with the Better Business Bureau and the Chamber of Commerce. How long has the company been in business? Search for any news relating to the company, good or bad.

5. What product do they offer? It is extremely important that the product is reasonably priced and a consumable. Can the product be ordered and consumed every month? Would a customer want to order and consume it every month?

6. Stay away from companies that require you to stock up on inventory. Find a company that only requires you to purchase enough products for a month at a time.

7. Avoid high start up costs. They are usually a sign that a company is just looking to make a profit and not to provide a useful, quality product. Think about it, why should you pay an outrageous amount to start a business? What purpose would it serve except to give someone else your money?

8. What is required before you actually get a check? Make sure you understand how you will get paid and what is required for you to get paid before starting.

9. Does the company provide support and training? Support is extremely important, you will need help and you will need training. Who is your sponsor? How long have they been with the company and will they provide the support you need to be successful?

10. Is there a refund policy?

11. Your compensation should be based on the purchase of a product by a customer. If you cannot figure out what the product is, then avoid that company.

12. Before signing on the dotted line talk with others in the business to see what they have to say about the company and the compensation plan.

Remember that all good things take time and patience. If you plan out your business before beginning then your chances for succeeding are greater then just by jumping into the first opportunity that you come across.

Most people join an opportunity with the mistaken notion that just by signing up and getting a free website to promote will make them wealthy overnight.

There is no secret formula to building a successful home business. Yes it is possible to work smarter by automating allot of your tasks. But to build a business takes work
and lots of it.

TIP: Find a mentor. If you can establish a relationship with a good mentor who cares about making you a success, then stick with them! They are few and far between.

Starting a home business may be the best decision that you will every make. The variety is much larger then it use to be, thanks to the internet.

Nothing can be more satisfying then doing your own thing at home.

Having plenty of time to spend with loved ones along with a very profitable business is indeed a wonderful thing.