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Category: Business Opportunities

Pro’s and Con’s of Business Opportunities

Pro’s and Con’s of Business Opportunities

The concept of a business opportunity might not be completely understood, simply because it can apply to so many different situations. For the purpose of our discussion here, we will not be talking about franchise opportunities. Otherwise, almost anything goes–from distributorships to vending machine routes, from network marketing to dealerships. Business opportunities can be online or be located in the real world. In general, a business opportunity is the sale or lease of a product, service or equipment that enables you to start a business.

Business opportunities usually involve a product and they may have a location, although the online world is quickly changing that. The assumption with a business opportunity is that there is a market for the product or service and there is the potential for profit. Initial fees for taking advantage of a business opportunity vary and there may be a buy-back or guarantee provision. Business opportunities usually come with some sort of marketing program as well.

A “business opportunity” doesn’t normally refer to the one-off sale of an independent business. Business opportunities normally consist of a system or set of procedures that can be sold to more than one buyer in more than one location. With the sale of an independent business, they are usually no continuing obligations between the seller and the buyer. The buyer can do anything they want with the business they’ve bought, and there’s no requirement for a continuing relationship with the seller.

There are many advantages and benefits connected with business opportunities. They normally have a lower initial fee and lower startup costs than a franchise. Business opportunities are normally based on a proven system or product, so you can profit from the experience of others. There may be a training program connected with the business opportunity and longer-term business counseling may be available as well. You benefit from the buying power of a larger company and you can often take advantage of cooperative promotional activities and advertising.

But the world of business opportunities is not always perfect. The company offering the opportunity may not always have your best interests in mind. There may be a lack of support at some times. Exclusivity clauses (meaning you can sell their product and no others) may hinder your ability to compete in the marketplace. It’s not unheard of for parent companies to go broke or declare bankruptcy. The bottom line? Anytime you consider taking advantage of a new business opportunity, it’s your responsibility (not someone else’s) to diligently evaluate both the company and yourself.

First of all, are you truly ready to take on a business opportunity? In addition to having the financial freedom to take a chance, do you really have the passion and excitement to put into a new business opportunity? And what about time? Do you have enough time freely available to devote to the success of this business opportunity?

Successfully starting up a new business requires complete knowledge of your product or service. If the company is not willing to immediately and cheerfully provide that knowledge, then you should quickly back away from this particular opportunity. Do some market research of your own. Don’t take the company’s word for it that a rabid demand exists for their particular product.

Investigate the company’s record of past success and try to interview someone who’s currently involved with the business opportunity. Has the company lived up to its promises and fulfilled its obligations?

What sort of income claims are connected with this business opportunity? You should look for assurances of reasonable income, but at the same time there should be no limit on future income. Promises of fast and easy riches should be a warning for you to stay away. How many years has the company offering the opportunity been in business? What sort of reputation do they have? Are their ethics and standards compatible with yours?

There’s no shortage of business opportunities available. It’s a fairly simple matter to find something that appeals to your interests and fits within your startup budget. But don’t allow yourself to be rushed into any arrangement. True business opportunities based on proven models will have no trouble waiting for your careful consideration.

Eagles From The Turkeys – Business Opportunities

Eagles From The Turkeys – Business Opportunities

Several home business opportunities make promises they can’t keep. According to a recent study, nearly 98 percent of advertised home business opportunities are scams. That simple fact makes it quite difficult to find legitimate home business opportunities online. Business opportunities that promise thousands of dollars overnight are not legitimate. Those looking for great home business opportunities can follow one simple rule: if it seems too good to be true, it probably is.

A home-based business differs from a work-at-home job in several ways. The most significant difference is the simple fact that a work-at-home job does not require a down payment or purchase of a business kit. Home business opportunities, like brick and mortar business opportunities, will always have start-up costs. You will be personally and solely responsible for all decisions regarding the business. A home business opportunity will always require at least a minimal fee and probably a Web site setup fee. Work-at-home opportunities are always free.

Finding the perfect home business opportunity to suit your needs may not be as easy as using your favorite search engine. If you haven’t had the luck you expected, you may be more successful matching your talents to a new business opportunity. Here are a few examples of how your current skills may be applied to start your own home-based business:

* Accounting Service

* Auctions

* Sewing or Alterations

* Pet Grooming Service

* Answering Service

* Medical Transcription

* Scrapbooking Service

* Herbal Remedies

Some skills are better suited for an online business. Here are a few examples of businesses you can start.

* Newsletter Service

* Health Consulting Service

* Proofreading

* Resume Writing Service

* Virtual Assistant Service

* e-Book Author

* Online Tutoring

* Web Design Service

Home franchise businesses are rapidly growing in popularity. Franchise opportunities include a wide variety of businesses that have a proven track record. Prepaid phone and adult Web access cards are viable home business opportunities for someone who’s confident in their selling abilities. Financial, business and personal life coaches have also banded together to teach others how to create their own wealth using patented, proven systems. Their systems help the business owner help others in niche markets such as weight loss and health care.

Like brick and mortar franchises, online franchises require a down payment and a lot of hard work and dedication. Any home business opportunity will require hard work from you. Those that talk of easy money is among the 98 percent that makes promises they can’t keep. Always steer clear of overnight money making scams. Any business that offers a large return on investment with little or no effort on your part is potentially a scam waiting to happen. Any successful business owner will tell you how difficult it is to build an empire. This stands true with any business venture. The key to choosing a successful home-based business is to choose something you enjoy. If you do not enjoy what you’re doing, you aren’t likely to succeed.

While searching for the home business opportunity that’s right for your situation, perform your due diligence. Research each opportunity thoroughly via your favorite search engine, but also join message forums and online communities. Even there, take everything with an ounce of skepticism. What some may consider a scam may be a great business opportunity to others. Business needs will differ from one person or situation to another. Input from others who have been where you presently are will provide a wealth of knowledge and help on your journey.

Business Opportunities To Choose From

Business Opportunities To Choose From

Home business opportunities are virtually everywhere you look online. And the promoters of each home based business opportunity often claim that the opportunity they promote is the best business opportunity to join. This often makes it difficult for newbies to make the right choice, the choice that best suit their situation. This article takes a look at the four broad categories of home business opportunities so you can identify the option that suits your circumstances and, therefore, makes an informed choice.

The four broad categories of home-based business opportunities are:

1. Opportunities that involve building an information-rich web site from scratch and after that monetizing the resulting traffic

2. Opportunities that involve joining affiliate programs that offer unique affiliate links for promoting the affiliate product or service

3. Opportunities that involve joining a network marketing home based business opportunity that offers free distributor web site to members and

4. Opportunities that involve getting paid a fixed amount for completing a set of tasks online

Let’s take a closer look at each option above.

The first online business opportunity involves building your dream online business from scratch.

The right process requires you to do the following:

identify your passion

brainstorm topics that fall within your passion or interest using appropriate brainstorming software

identify a profitable niche that matches your passion or interest

Assemble low competition keywords that define your niche

Draw up a site blueprint

Design your website

Write content for your website using the low competition keywords brainstormed earlier

Promote your website massively online

Add income generating streams to your website

Cash your money month after month

If you conclude that the above process is tedious and time-consuming, you’re probably right.

But why?

It’s because it’s business… it’s online business. And online business takes time, effort, and creativity just like offline does.

The second home business opportunity mentioned above is affiliate program marketing. With this type of online business, you join the affiliate program of your choice and promote the affiliate links you’re given using a blend of online marketing techniques. Some online marketing techniques will produce more results than others. So, you need to track your sales promotion efforts or campaigns to determine what works and what doesn’t for the specific affiliate program you promote. Then drop campaigns that don’t work and do more of what works.

The third category of home based business opportunities is MLM home business opportunities that offer members free distributor websites to promote the MLM business opportunity. As with the affiliate program model, members of this type of MLM business opportunity promote their member website URL and register new team members using the tools on the member site they were given.

The fourth online business opportunity involves completing a set of tasks in expectation of being paid a pre-determined amount.

This kind of opportunities include:

paid to write

paid to attend to customers (online customer service jobs)

… and other such online job opportunities.

WARNING: Verify that the internet job opportunity you’re interested in is legitimate before you join!

Each of the home business opportunities described above has their pros and cons.

Option 1 above requires you to do a lot of work without immediate reward. With this type of online business, you’re basically writing an online book or journal. And you don’t get paid for writing a book until it’s finished and it starts selling, right?

In simple words, this option is a long-term business where you build traffic or your own customer base through content writing and marketing. This is a tedious but rewarding way to build a long-term business. With this type of home based business, you own your traffic or customer base. And when you own your traffic, you own your business.

Option 2 is affiliate program marketing. This system involves selling a product or service by finding a market for it. Depending on where you advertise or promote the affiliate programs, you can begin to make money right away.

Here’s one thing to remember, though.

Not everyone makes money from promoting affiliate program products despite spending a lot of money in advertising.

Why?

It’s because affiliate program marketing success requires a set of skills. To succeed, you need to learn the skill-set that guarantees success. Option 3 is much like option 2. You get paid for promoting a network marketing opportunity.

However, unlike most affiliate program opportunities that are free to join, virtually every network marketing home based business opportunity require members to join with a registration fee. Besides the registration fee, members must buy at least one pack of the MLM product they promote every month to stay active and qualify to earn commissions (at least in most programs). This means there is a maintenance cost for most MLM business opportunities.

Option 4 is the most direct form of online business. You get paid to complete a set of assignments. The problem with this is that it’s like having a day job… when you stop working, you stop earning. Whereas with the other kinds of home business opportunities discussed above, you can build your business to a point where what you earn far outweigh the efforts you put in. And you can put your business on auto pilot.

What home business option is right for you right now?

It depends on your current circumstances. In my candid opinion, the overall best option is one that allows you to build a long-term business and put your business on autopilot down the road.

Secret Methods of Home Work Business Opportunities Scams

Secret Methods of Home Work Business Opportunities Scams

Home work business opportunities scams have become the order of the day on the internet. And the menace continues to grow in leaps and bounds. Each day you come across newer and newer scams and scammers. In fact, if you happen to be a bit net savvy and have ever scoured the net looking for ‘Get Rich Quick’ home work business opportunities or a proven income opportunity, you already know what I am talking about.

Reportedly, more than 90% of these so called home work business opportunities are outright scams. What they actually do is capitalize on peoples hopes, take advantage of human weaknesses and finally succeed in emptying the wallets of the common man. Most internet marketers (scamsters included) are well aware that its not just making money with home work business opportunities but making easy money that is one of the single biggest motivational factors for anybody. It’s therefore not surprising that its the number 1 searched topic by millions of net surfers each and every day. What people look for in the real world applies equally well in the online world too. It is common knowledge that given good home work business opportunities that work, most people would be far happier working for themselves than under a boss who is breathing down their back. No one really enjoys work pressure or work politics, right. And above all we would like to work to our own schedules, not someone else’s. Perhaps, these are some of the principal reasons why the most heart attacks occur on Monday mornings!

In case you haven’t noticed it yet, internet marketers and clever scammers alike draw heavily on this knowledge while drafting their sales letters especially those relating to home work business opportunities. Just recall how many times you have come across a sales letter for home work business opportunities or a proven income opportunity that harps on themes such as-‘Work in your pajamas’, ‘Fire you Boss’, ‘spend more time with your wife and kids’, ‘work whenever you like to’ or ‘work from your vacation home’ or island or whatever it is that really pleases you. Sounds familiar ? Savvy marketers understand that the act of buying a product is driven by human emotion and is therefore impulsive in nature. It becomes logical only afterwards in order to justify the wisdom of the purchase decision. That’s why you will invariably find these themes built into sales letters for home work business opportunities because they are meant to appeal to exactly that – your emotions.

Close scrutiny of effective sales letters for home work business opportunities will almost always reveal a distinctive pattern. So much so that, you can safely conclude that the more effective they are, the more likely it is that they have stuck to the pattern. It is well researched human psychology that people respond positively if you can instill hope or fear or cause a sense of urgency or appear as an authority or appear to be unbiased or even unusual. Taking the cue, today’s cyber sales letters are deftly crafted, cutting edge works of art that have all these concepts and more woven into them for best effect. Some examples of this in action are- ‘Learn how I made a million dollars in 15 minutes’ (kindles hope), ‘Don’t be spied on’ or ‘you don’t want any legal trouble’ (evokes fear), ‘prices to go up in 2 days’ or ‘the discount ends today’ (creates a sense of urgency), ‘I made $300000 from Google last year’ or ‘I am a member of the International Home Business Entrepreneur’s Association'(appear as an authority), a 3rd party or reviewer like style to the letter (to appear unbiased), ‘Stop reading and leave if you can’t invest in your future’ or ‘Don’t buy this unless you are convinced the others are bad’ (appear unusual to earn your loyalty).

Even a savvy surfer who is proficient in these techniques can occasionally fall prey to one of these cunningly crafted devices blinded by the lure of easy internet riches. But the vast majority of those that do so are enterprising young men and women from all walks of life who are often unaware of the powerful sales conversion techniques in operation here and mistake it to be a proven income opportunity. Its a matter of much regret and concern that the internet in the short span of time since its advent into the larger public sphere has already transformed itself into a safe haven for spammers, scammers, pornographers and fraudsters touting home work business opportunities.

If at all there is something that we can console ourselves about, it is the fact that there are still a few really good and legitimate home work business opportunities out there that truly work. However, like the proverbial pin in the haystack, it takes more than mere foresight to identify genuine home work business opportunities from the vast and ever increasing population of internet fraudsters. You will always do well to conduct a fairly in depth review of prospective home work business opportunities by doing a Google search on it or by visiting popular or eclectic forums on home work business opportunities where you will have the chance to enquire with present users of the program as to how they are doing with it. This will go a long way in helping you make an educated decision for yourself as to whether it indeed is a proven income opportunity. If anybody tells you that he’s got a secret to share with you on how to make a million dollars in 15 minutes flat or that there are residual income home work business opportunities out there that require little or no investment of your time, money or effort, you better watch out. Unfortunately, there are no home  work business opportunities that give you returns for no investment of your time, money or effort. Its against the Common Law of Business or for that matter home work business opportunities to not invest anything at all in a venture and yet earn an income from it. There are simply no home work business opportunities or even an already proven income opportunity on the surface of this earth that will succeed for you without good old hard work, patience, dedication, investment and enterprise.

Do you have what it takes to devote 1 or 2 hours of your time every day and I stress the words- ‘every day’ ? What if I show you one of the genuine and most popular home work business opportunities that will work for you provided you work it? A proven income opportunity. Its called the Plugin Profit site. Its one of those few home work business opportunities on the net that has stood the test of time and is still going incredibly strong. You will have to join 5 affiliate programs. Relax, all of them are free except for one. And the only investment for you on that one program is just twenty dollars per month apart from a monthly fee of about twenty five dollars which goes to your web hosting account with Host4profit that they recommend. Once you join these 5 programs you get a dynamic, profit pulling, home work business opportunities affiliate web site for free created specifically for you with tutorials, great bonuses, user forums and 24 hour customer support. The 30 Days to Success guide that comes free with the program literally holds you by your hand (explaining every silly detail) and walks you through the process of getting everything up and running in a very short while. One of the many bonuses that comw with the program is a free membership to the webs most respected forum -The Warrior Forum, where you will get to rub shoulders with some of the giants in the field of internet marketing on an everyday basis for free! You can also seek the help and advice of other members through the exclusive Plugin Profit site members forum hosted within the Warrior forum. You will find links to this proven income opportunity as well asto my main web site at the bottom of this page.

It is worth re-iterating that none of these home work business opportunities will work, not even a genuine and proven income opportunity if you are new to the concept of hard work. Its becoming increasingly difficult to identify good home work business opportunities that work thanks to the continuing proliferation of fraudsters who constitute the vast majority. Good home work business opportunities like the one mentioned above which is a proven income opportunity can only provide you with the system and the tools, its up to you to make the best use of them. You can lead a horse to the water, but you can’t make.

Business Opportunities – 9 Things to Watch Out For

Business Opportunities – 9 Things to Watch Out For

If you are considering striking out and starting a new business, you have probably been investigating what are known as “business opportunities”. A business opportunity is usually a complete package that contains a product or line of products, and a marketing strategy for selling that product.

Any business opportunity worth considering will either have a track record that you can investigate and evaluate, or it will have a clear statement of the plan, the potential, and the up-front costs. Before investing any time or money in a particular business opportunity, there are some things you should consider. Here are some of the most important ones:

How long has the business opportunity been in business? – Before investing time and money in marketing a business opportunity, it is important to determine how long that business opportunity has been operating. If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

Does the company have a fixed address and phone number? – This may seem obvious to you, but the fact is, thousands of “companies” operate with nothing more than a website and an email address. Many of them are here today and gone tomorrow. Make sure the business you intend to deal with has a fixed address, physical location, and established phone number.

Does the business opportunity have some successful members you can talk to? – Most business opportunities will show you “testimonials”, but these are often untrustworthy. They could even be completely fabricated. Ask the owner of the business opportunity for names of real people you can talk to. Call them on the telephone and ask them to share their experiences with the program. This will not only provide you with valuable first-hand information about the program, but it will give you a list of advisors who many be happy to help you along the way.

How much initial investment is required? – In many cases a proven business opportunity with a successful track record will involve some kind of initial investment. This could involve an initial amount of product inventory, a program subscription fee, or possibly a piece of equipment required to produce or finish the product. You should not assume that a business opportunity that is free to join is a better investment. Usually, a free-to-join business opportunity will involve other costs such as marketing and advertising fees. Nobody gives away “opportunities” for free. What you have to determine is whether a specific business opportunity has a successful track record, is managed by honest people, and offers you a realistic chance of actually making some money. These are the things you must weigh against the entry costs.

What is the realistic income potential of the business? – Have a careful look at the numbers and projections provided by the business opportunity. Then talk with actual members who are using the program to determine if they have been able to turn those numbers into reality.

Are there extra fees such as yearly or monthly subscription fees, shipping costs, or minimum purchase requirements? – Make sure to get a detailed list of all the fees involved in operating the new business. These things may not seem significant now, but they can easily eat into your profits later.

Who controls the money? – When you generate sales for the business opportunity what assurance do you have that you will get your share of the profits? This is the primary reason not to deal with “fly by night” outfits that have no track record. Again, the best way to get an accurate reading on this is to talk with people already using the program.

Does the business opportunity supply marketing materials and person-to-person mentoring? – One of the most difficult parts of starting a new business is “learning the ropes”. It can be extremely helpful to have advisors who have first-hand experience in making the program work. The same goes for marketing materials. You will have enough to do without having to create brochures, ads, and newsletters for your new business.

How much control of your new business will you have? – Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of “head office”. Remember that you are trying to create a business that has long-term value. This will involve considerable investment of time and energy on your part. You don’t want your business to be completely dependent on the stability and integrity of a single supplier.

The ideal business opportunity is one that is offered by a stable company with a proven track record. The business opportunity should require low initial investment and have high-profit potential both in the short term and in the long term. It should allow you to build a profitable business of your own that will be a source of income far into the future.