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Featured Home Based Business & Work at Home Articles
Monday, 17 November 2008
Finding the Right Home Business Opportunity

 

Business opportunities can be found in much the same way as finding a franchise. You can find them in your local newspapers, in the backs of magazines, in material from your local library or even on the Internet. Some popular business opportunities are advertising services, baby shoe bronzing, birth announcement services, bookkeeping, button and badge making, claims processing, college scholarship matching, and gift baskets

 

Keep in mind that the growing desire of good, honest people like you to own your own business and easy money in wow has spawned hundreds of no-gooders, just laying in wait to take your money. To avoid becoming a victim, remember that nonfranchise business opportunities are covered by the same protections afforded to purchasers of franchises. If as is the case of a franchise, you’re required to spend at least $500 in the first six months and the seller has agreed to provide goos or services, you’re entitled to see a Uniform Franchise Offering circular. The name may say franchise, but the law applies equally to business opportunities. The circular should include an audited financial statement about the seller. This is a statement prepared by a CPA who is vouching for accuracy of the financial information provided. If the circular makes claims about what buyers can expect to earn, these claims have to be supported by separate written proof.

 

Make sure you get references before you buy a business opportunity. Ask for a list of at least 10 names of individuals in or close to your area who’ve already bought such businesses. Be sure to contact them before going forward. Again, make sure that they’re not just singers, shills for the house who are paid by the seller to lie in support of the seller’s claims and easy money in wow. You can also ask the seller for personal references as a second check. Same as in the case of a franchise, check out the seller with your local Better Business Bureau to see if there are any existing complaints against her. Also ask your state attorney general whether the seller is on the books as a con artist.

 

Whether it involves selling cosmetics to shut-ins or vitamins door-to-door, pyramid or network marketing arrangements have worked for some and been disastrous for others. In the recent past, multilevel marketing was the rage for those looking to supplement their income or even earn a full-time living. Many successful, legitimate, multilevel marketing companies like Amway, Tupperware, and Mary Kay Costmetics got thousands of individuals to join their ranks. But in many other cases these marketing programs turned out to be nothing more than pyramid scams where nothing was sold or consumed and were simply easy money in wow. People who went in late in the game at the bottom of the pyramid lost everything.

 

The industry has evolved and now is generally referred to as network marketing. It’s still based on the concept of direct sales to consumers with participants or distributors benefiting from their direct sales and also getting a percentage of the sales of the distributors they bring into the network.

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