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Home Business Opportunities: How to Sort the Eagles from the Turkeys

May 27, 2008
Several home business opportunities make promises they can't keep. According to a recent study, nearly 98 percent of advertised home business opportunities are scams. That simple fact makes it quite difficult to find legitimate home business opportunities online. Business opportunities that promise thousands of dollars overnight are generally not legitimate. Those looking for great home business opportunities can follow one simple rule: if it seems too good to be true, it probably is.

A home-based business differs from a work-at-home job in several ways. The most significant difference is the simple fact that a work-at-home job does not require a down payment or purchase of a business kit. Home business opportunities, like brick and mortar business opportunities, will always have start-up costs. You will be personally and solely responsible for all decisions regarding the business. A home business opportunity will always require at least a minimal fee and probably a Web site setup fee. Work-at-home opportunities are always free.

Finding the perfect home business opportunity to suit your needs may not be as easy as using your favorite search engine. If you haven't had the luck you expected, you may be more successful matching your talents to a new business opportunity. Here are a few examples of how your current skills may be applied to start your own home-based business:

* Accounting Service
* Auctions
* Sewing or Alterations
* Pet Grooming Service
* Answering Service
* Medical Transcription
* Scrapbooking Service
* Herbal Remedies

Some skills are better suited for an online business. Here are a few examples of businesses you can start.

* Newsletter Service
* Health Consulting Service
* Proofreading
* Resume Writing Service
* Virtual Assistant Service
* e-Book Author
* Online Tutoring
* Web Design Service

Home franchise businesses are rapidly growing in popularity. Franchise opportunities include a wide variety of businesses that have a proven track record. Prepaid phone and adult Web access cards are viable home business opportunities for someone who's confident in their selling abilities. Financial, business and personal life coaches have also banded together to teach others how to create their own wealth using patented, proven systems. Their systems help the business owner help others in niche markets such as weight loss and health care.

Like brick and mortar franchises, online franchises require a down payment and a lot of hard work and dedication. Any home business opportunity will require hard work from you. Those that talk of easy money are among the 98 percent that make promises they can't keep. Always steer clear of overnight money making scams. Any business that offers a large return on investment with little or no effort on your part is potentially a scam waiting to happen. Any successful business owner will tell you how difficult it is to build an empire. This stands true with any business venture. The key to choosing a successful home-based business is to choose something you enjoy. If you do not enjoy what you're doing, you aren't likely to succeed.

While searching for the home business opportunity that's right for your situation, perform your due diligence. Research each opportunity thoroughly via your favorite search engine, but also join message forums and online communities. Even there, take everything with an ounce of skepticism. What some may consider a scam may be a great business opportunity to others. Business needs will differ from one person or situation to another. Input from others who have been where you presently are will provide a wealth of knowledge and help on your journey.
About the Author
Michael Rowarth and his team are continually scouring the web for the best home business opportunities and the results of their labours can be seen on http://www.best-business-opportunities.net
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