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work at home mom >
wahm articles >
general wahm articles
11 Questions You Must Ask When You are Looking for a Home Based
Business
1. How much is the start up cost? Are there ongoing costs? If so how
much? This is especially important if you very low on funds and now days
who isn’t? Often a business can cost more to start that what it may
appear to begin with. It is also important however, to realize that you
have to spend money to make money.
2. What kind of training and support is there? The training and support
offered by a company will make a huge difference in your success. Do you
have a quality up line with good ethics and leadership skills. Are they
dedicated to helping you succeed? If the training materials and company
leadership are good, you will grow your business faster and it will be
easier.
3. What are the rules for advertising your business? Many businesses
have rules regarding how and where you can advertise. In some cases you
may have strict limitations and in others you may be able to do more or
less whatever you want. In any case, it is very important to know and
understand what you can and cannot do. For example, the company names
are often copy-writed and therefore you are not free to use them in your
advertising without permission.
4. What are your options for promoting and running your business? Are
there any restrictions on what you can do? This is important because
some companies have restrictions on this and the more restrictions the
harder it will be for you to be successful. Also the more options you
have for selling your products and or promoting your opportunity the
easier it will be and the more money you will make.
5. What is the income potential? Some businesses have more income
potential than others and before you invest your time and money into one
you should understand how much you could expect to make.
6. How long have they been in business? A brand new company has no track
record and it can therefore, be unstable. A company which has already
been in business for a few years has the advantages of new opportunity
along with stability while an older company already has a lot of reps
and customers and it may be more difficult to find your own.
7. What is their Better Business Bureau record? If its perfect then you
know you are dealing with a great company. If its less than perfect but
it still has a good record then you know it is reliable. If its record
is bad then stay away. It is probably a scam.
8. What are their products like? Are they high quality? High quality
products will endure and sell better than products of a questionable
quality.
9. Is the product consumable? Will people reorder the products?
Consumable products offer the business owner more money because people
will reorder and buy more. Non consumable products can only be sold once
and then you have to go out and find more customers.
10. What are the quotas or ordering requirements? If you are required by
the company to buy a large quantity of products on a regular basis then
it can be difficult to maintain the business or it can be financially
stressful if you need to temporarily stop working your business. The
last thing you want is a basement full of unused products.
11. Are the products affordable? The majority of the population must be
able to afford your products. The more expensive it is the harder it
will be to sell, because less people will be able to afford it.
AnnaLaura Brown is a team leader in a growing organization. She can
be contacted via her website
www.scentedcandlesclub.com.
She is also the author of a free ecourse on internet marketing found at
www.onlinemarketinglessons.com
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