How To Pick The Best
Business Opportunity For You !
By James A. Gage
Browsing the internet there are literally thousands of business
opportunity resources and a person often gets overwhelmed by the sheer
choice of programs, and services.
When looking for a business opportunity you should look for 7
primary qualities:
1. Integrity : Does the company have a reliable track
record/history?
2. Value : Is the company providing a valuable
service/product?
3. Training : Do they provide you with quality one-on-one
training and materials?
4. Support : Is it easy to contact them and do they reply in a
timely fashion?
5. Compensation :Is your effort rewarded in a timely manner
(Return On Investment)?
6. Investment : Does the opportunity require tens of thousands
of dollars to get started, and years for you to recoup your initial
investment?
7. Recession Proof : Can it be profitable in an up, down or
side ways economic market?
All these qualities are important when choosing a business
opportunity.
Too many people jump in to an opportunity such as MLM ( Multi Level
Marketing) that promises them mountains of gold, only to find that they
have been ripped off after the opportunity seems to have disappeared
into thin air or has gone bust.
Another opportunity being marketed is that of the
franchise. A
franchise
business is a method a company uses to distribute its
products or services through retail outlets owned by independent, third
party operators. The independent operator does business using the
marketing methods, trademarked goods and services and the "goodwill" and
name recognition developed by the company. In exchange, the independent
operator pays an initial fee and royalties to the owner of the
franchise.
The company that grants the independent operator the right to distribute
its trademarks, products, or techniques is known as the franchiser. The
independent, third party business person distributing the franchiser's
products or services through retail or service outlets is called the
franchisee. The franchiser charges hundreds of thousands of dollars for
a license, and in addition may require annual payments to continue using
their name and trade marks.
What ever business you choose to get involved with make sure it meets
your budget and expectations! There is nothing worse then starting a
business that becomes un-enjoyable, unprofitable, and finally becomes a
80 hour torture chamber.
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