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Legitimate Home Business
by Vincent Murphy
Published on this site: April 29th, 2006 - See
more articles from this month
There are several opportunities to start a home business,just
look at the e-mails that are sent to you multiple times during
the day asking you to join their business - how do you know
which are legitimate and which are not?
In considering a home-based business determine whether-or-not
you work well under the direction of someone else who has
already established their business which you are entering
in as a franchise. Unless you are starting something completely
new, you will have to follow the guidelines that have already
been set in place. The best way to determine if a business
venture is legitimate and right for you is to do some research
and footwork. Start asking around about the business, if you
know someone who has joined a particular home-based business
that you are interested in, talk to him or her about the positives
and negatives. Do not go into the business venture with your
eyes closed.
Look at the advantages and disadvantages of the business opportunities
that come with everything when you need to start. This is
a very personal decision based on what works best for your
personality as much as it is a financial decision. If you
choose to invest in a business or franchise that has an already established a workable concept, you are not starting from
scratch or trying to invent something new for consumers. This
type of business venture will often bring in earnings at a
faster rate than starting from scratch, and you will often
have support in the initial phases and throughout the lifetime
of the business.
The potential disadvantages of joining a franchise is that
out of ten corporations that offer to sell franchises and
other business opportunities nine of them fail in the first
five years of being in operation. So when you are looking
into this type of business venture, take notice as to how
long they have been in service. The other side of this is
if you rule out all companies that have been in business for
five years or less you could miss the opportunity of joining
a business on the ground floor that has a great potential for profit.
After careful research and looking at the financial risks
and benefits you have decided that a franchise is what you
are interested in consider carefully the following questions:
- Is there a particular district you will have to work
in?
- Do you like the product line?
- Does the business have an established business record?
- Is there a name brand that is associated with this opportunity
- Is training and support part of the business package
or are you on your own once they receive your money?
Starting a home-based business is a serious matter and you
do not want to enter into a venture without thoroughly checking
it out first.
Vincent Murphy can help you to find the best home based
business ideas and opportunities so you can work at home visit:
http://www.HomeGrail.com
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