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Choosing a Home-Based Business Opportunity: A Checklist of Considerations
by Jamie Jefferson
Are you considering a home-based business opportunity?
There's nothing like the lifestyle of a self-employed
home-based business entrepreneur, and with the
proliferation of the Internet, it's becoming a
reality for more people each day. But there are
also important considerations to make sure that
the company you are choosing is the right one.
Here is a list of questions to ask before you align
yourself with a own home-based business opportunity.
The Home Office
What is the financial strength of the company?
How long has the company been in business?
What is the experience level of the executive management team?
What technology is in place to help the distributor and/or customer?
Does the home office offer a satisfaction guarantee and/or return
policy?
What is the structure of the compensation plan?
What level of training does the company provide?
The Product
Is the product unique or exclusive?
Is the product consumable?
Is the product of good quality?
Is the product offered at a reasonable price?
Is the product packaging attractive?
What is the reorder rate?
Does the product capitalize on current trends?
Does it appeal to a wide base of consumers?
Would it be possible to market it to niche audiences?
What is the competition for the product?
Distributor Considerations
What are the personal production requirements for distributors?
What start-up costs are involved?
Are there ongoing or annual fees for a distributorship?
What is your potential risk?
What kind of upline support system is in place?
What kind of upline training system is in place?
Are there monthly sales or recruiting quotas? What happens if
you don't meet the quotas in a given month?
Does the company or upline support system offer a simple
and duplicatable system for marketing and promotion?
Copyright 2006 Jamie Jefferson
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