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Profitable Home Based Business Opportunities : First 6 Things to Consider

Aug 17, 2007
You've heard about all the money circulating around the internet today, and about the big and easy bucks all the gurus are bringing in from their online businesses. Now you can't wait to find that single perfect online business opportunity for you that will help you rake in the same amount of cash, if not more. All you have to do is plug in a search term into Google, click on the first listed and probably best business opportunity, and you're on the road to riches, right? Unfortunately, it's not that easy! When you search for profitable home based business opportunities, you first have a few big things to consider.

One of the major things to think about is whether or not an online business is really for you. Are you the type of person that is always on the go, can't sit still for any length of time, needs to be outside and active all the time, and are not an office person? If so, an online business may not be right for you. Sure there is new technology being developed all the time that allows you to be more mobile with your business, but you have to consider the fact that an online business takes time, energy, and effort over the long term, and that it requires spending hours in front of the computer, whether it's a desktop or a notebook. You also have to be the kind of person who is willing to put those hours in, and who has the time to spend on it. If you are super busy and have a million things going on in your life, you can still have an online business, but you have to be organized enough to plan your time, and expect that if you only have so much time that your business will take longer to flourish.

The next big thing to consider is money. Every online business, whether you like it or not, is going to involve some start-up costs as well as long term maintenance and advertising costs. Sure there is fair warning all over the internet that you shouldn't have to pay a cent to start a business and if you do, then it's probably a scam. This is not necessarily true. If someone offers an online business for free, there are surely going to be other costs down the road to help build and maintain your business. If you think about starting a traditional offline business, you are looking at start-up costs around $2000-$5000, so why would you think an online business is any different? An online business may be cheaper to start than that, but eventually you will run into other expenses. When you are looking for profitable home based business opportunities, be aware that there are membership fees, advertising, and marketing costs involved and that you will have to make an investment. The way you can manage and maintain this is by being prepared. Set a budget for yourself that you can maintain over the long term and realize that you don't have to buy everything that is suggested to you.

Next, you want to ask yourself what you want to sell on the internet. Do you want to sell a product or service, and how? If you sell products, do you want to handle them, ship them, and deal with credit cards and customers yourself? Or would you rather join a company as an affiliate and have them do all the work and deal with all the transactions for you? If you sell a service, such as website development, or an online dating service, how will you deal with your customers, and will you have to do some offline prospecting as a network marketer?

Once you've decided what you are going to sell on the internet and how, you venture online to search for profitable home based business opportunities that appeal to you. The best internet business is not necessarily the one in the number one position in Google. That website has just taken search engine optimization measures to ensure that their site is number one, or on the first few pages in Google. There are billions of sites out there that have to do with online business opportunities, so how do you find that perfect opportunity for you? One way is to get specific and find a smaller niche. For example, if you are a work-at-home mom, you can search for business opportunities specifically for moms. If you are a newbie to online business, you can search for businesses specifically for newbies.

Of course you always have to be on the lookout for scams, and there are many out there. Usually scams are filled with insane promises of instant wealth. You want to avoid these programs, and search for ones that don't sound too good to be true. How do you know if a business is a scam? You can search the Better Business Bureau to find out a particular program's reputation, or you can join discussion forums and ask questions about the business. Even better yet, you should find out how long the business has been in operation, and make sure there is someone you can contact in the business to ask questions directly. There should also be proof of income provided, and valid testimonials with contact information available. If you do your research, you will find out soon enough how reputable a company is.

Finally, you should make sure that lifetime support for your profitable home based business opportunity is provided. There should be mentoring and training available, as well as tools and resources that are provided to you for free as a bonus for being a member. Not everything is going to be free, but you should have a good look at what you will get for free, and make sure the support network is there, in terms of real people, and forum groups where you can get your questions answered.
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To find out more about profitable home based business opportunities and ideas, visit http://www.HonestMoneyMaking.com and Plugin Profit Site
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