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How To Rate A Business Opportunity

 
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Mark Walters

The Internet, mail order, and television industry are full of business opportunities. Most of them are legit. None of them are easy. A few are scams. Most people are unable to differentiate between a business opportunity with vast potential – for the right person – and a scam. The fact is, most business opportunities are legit. You just need to know what you are looking for.

Who are You?

All businesses can succeed. In most cases, the business owner – not the product - measures success and failure.

What Should You Look For in a Home Business Opportunity?

Research

The first step is research. If there is one thing that the web excels at it is gossip and tattle-telling. Taking time to see what the world says about a product gives you a good idea of the parent company’s customer service record.

Money

The first sign of a scam is a money before you meet anyone set up. Look for a contact number. Is there an office? Can you contact it? Can you mail the company a letter and receive one back? Can you send an email and receive a reply?

Is there a forum, blog, or some place where the web presence is updated on a regular basis. Never invest in a business opportunity where the parent company’s website does not change within a 30 day period.

Establishment

How long has the parent company been established? Can you attend a conference and meet the founding members? Is the company registered? Do they pay taxes? And, most important, are they located in the USA, or Russia?

Free To Join

Beware of any company that asks you to pay for pre-sale forums, newsletters, blogs, or other services. In many cases, this is all that you will receive. Many Joint Venture web networks fit into this agreement. You are forced to pay $50, $80, up to $500 to join a network, only to find that most of the members are promoting ebooks.

Get Rich

If the website promises everyone that they will get rich quickly, with no work and risk, then walk away. There should also be no kickbacks to the parent company.

Most legitimate companies are very transparent to potential purchasers about their business opportunities. Also, don’t fall for the old line ‘get $500 for only $100.’ You get what you pay for. If you are promised $400 worth of free product, then it is probably cheap/vague ebooks.

Reputation

Has the Better Business Bureau heard of them? Has anyone of the companies such as Internet Trade Bureau, Scambusters, Federal Trade Commission, Direct Sellers Association, heard of them?

Proven System

Is the system proven? Don’t sign up for any program that has a new scheme or program that has never been tried before. You want to establish the fact that the business opportunity is built on solid marketing principals, and that you will receive unlimited – and live – support after purchase.

Also, remember that there is no such thing as a magic opportunity. There is also no such thing as a get-rich-quick opportunity. All businesses take time and effort.

Control

Are you in full control of the business? Can you add or limit the products sold from your business. Can you go global if you want? Are you forced to buy support from the parent company? All of these things can limit a company’s success rate.

This list will get you started on the right foot in your new work at home or investment opportunity.

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

Mark Walters is a third generation entrepreneur and author. He offers free training and investing videos designed to speed you towards financial independence at http://www.cashflowinstitute1.com/Articles.html
Article Tags: business [See Dictionary], company [See Dictionary], opportunity [See Dictionary]
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Article published on May 05, 2007 at Isnare.com
 
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