
Did you know that over 21.8 million people in the United States have income producing home offices and that 25% of home businesses today provide 100% of the household income?
While millions of people are successfully working at home, millions
more are struggling through the overwhelming amount of information
about working at home on the internet. What's real? What works? What's
legal? What's risk-free?
Here are six criteria you should consider when looking into a work-at-home opportunity.
1. Stick with home business opportunities that have been around OVER
five years. Most businesses that fail, do so in the first five years.
Don't get caught up in the pre-launch or ground-floor hype. The truth
is, a good opportunity is good for everyone no matter when they join.
2. Check that the business has third-party credibility. Most
businesses you run into on the web have testimonials but frequently,
they don't offer a way to verify they are real. A good business will
have credible third-party references that you can check. Is it in the
Better Business Bureau? Is it a member with good standing in the Direct
Selling Association? Is it financially secure i.e. rated. Has it
received awards or recognition from other reputable organizations? Be
sure to verify any claims a business opportunity makes.
3. Check that it has a money-back guarantee that is long enough for
you to work the business to see if its viable for you. A ten-day
money-back guarantee and even a 30-day money-back guarantee are not
long enough for you to test if a home business is right for you. The
learning curve takes 2 weeks to a month alone. Check that the guarantee
covers your start-up costs (kit) and any other products or services
that you purchase as well. Read the guarantee carefully (small print).
Many questionable programs have very limited refund policies such as
everything needs to be sealed to be returned or you need to proove you
tried to work the business.
4. Consider businesses with quality, affordable and commonly used
products or services. Many businesses are known for inflating prices or
requiring exorbitant purchasing requirements. Who really wants to buy
$100 per month of some odd "wonder" product? The more common your
product or service is, the easier it will be to find others who will be
your customer. Further, consumable or on-going use products and
services such as household products or phone services offer ongoing
customer purchases. Finally, choose a company with more than one or a
few products or services to insure that you have something for everyone.
5. Understand the compensation plan. Some payment plans are
difficult to read. Others, when you actually sit and run the numbers,
are not that profitable. Compensation issues to consider are: 1) In a
matrix type business, are you penalized for helping someone start the
same business who then grows faster than you (breakaways, you don't
want that), 2. Conversely, can you do better than those who came in
before you? 3. Are you paid based on products/services (to be legal)
and what is that payment (% or flat rate)? Most importantly, is the
plan fair and reasonable? Many business opportunities have lots of hype
such as "we'll do the work for you", "find 3 and its free", and so on.
In having a home business, you need to recognize that work is involved.
You can't get something for nothing despite what the scammers say. On
the other hand, if you are putting in effort and getting results, your
compensation should be reflect that.
6. Is there personal support? Just about every program says it has
support but too often that support falls short once you join. You
should have the name of a personal contact with phone and email that
you can call for help. You should attempt to talk to them directly and
get a sense of the company. Is it all hype and phony excitement? Is the
person genuine and honest? Do they respond to email within a reasonable
time? Do they call you back within a reasonable time? Are they invested
in your success? Do they offer online training, tools, support, and
resources?
The truth is, working at home is not that difficult if you do your
research and find an honest, proven, doable home business. If you do
that, the only way you won't succeed is if you don't work it. So heed
the six criteria for a solid home business opportunity and become one
of the growing numbers of people who are working at home!
About the Author:
Leslie Truex
is a stay and work-at-home mom who co-founded Infinite Possibilities,
which has partnered with a 20-year old, BBB Hall of Fame company to
help others work at home. (BTW...it exceeds the 6 criteria mentioned
above.) Learn more at http://success.infinitepossibilitiesteam.com
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