Thursday, August 2, 2012

How To Find The Best Work At Home Business

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If only it were as simple as blinking your eyes, and magically appearing in front of you, is the best work at home business. We've heard the stories too many times of missed opportunities, and the age old "if only I would have" sorrows. Anyone with a vision of succeeding in business, is always in search of that golden wealth building opportunity. The process of selecting the best work at home business for you, is not easy.

Most likely, you have already started the overwhelming task of researching opportunities and have been met with several people from several companies, all claiming they have the best work at home business in the world. Honestly, to that person, they do have the best opportunity available, because if they didn't believe in what they were doing, they wouldn't be sharing it with you.With everyone all shouting out the same latest and greatest pitches, how can you determine what is the best work at home business? Since finding the right company to work with is not an easy task, I have decided to put together an outline of things you should be looking for and evaluating when researching companies.

1. What is the company's track record? - Research the history of the company to determine it's financial record, the experience of the leadership, the values of the company, what their mission is, how long they have been in business, and the reputation of the leaders. Have they built a solid reputation for providing quality products or services? Please note, just because a company may be new, it doesn't mean it's not a good investment, simply look at the history of the leadership.

2. What is their product or service? First of all, you need to know what the products are, and whether or not they are of serious interest to you. If you are truly looking to develop a career, it makes good sense to build it around something you can be excited about.

3. Does the company provide verification for any claims they make about the products? As you want to represent yourself and your company with integrity, you want to know that you can market with confidence, backed by proven studies or data. Your reputation is on the line, so you need to market quality products that produce the stated results.

4. Are the products priced competitively in the marketplace? Making objective comparisons can be challenging, as not all merchandise claiming the same things, are created equal. Asking who their closest competitor is, is a good idea for reference. While researching online, you really need to be cautious and always look at the source of the reviews, since often times, negative reviews can be another company's ploy at earning your trust.

5. Can you market this product line to a wide range of customers? If you are marketing to a finite target market, just realize you may have more competition, and opportunity becomes more limited. Basically, to give yourself greater opportunities, it would make more sense to market something that a larger audience wants, needs, and can afford.

6. How much is the investment? Know up-front the start up cost, and if there are any other required costs you should be aware of. Is there one set fee, or does the organization offer choices. I have found that companies that offer varying start up plans, can appeal to a wider audience, which does make it easier for more people to take advantage of their plan.

7. Is there a minimum sales quota? You need to know if you will need to commit to a specific sales amount, and also know how often. Ask what the consequence is if your volume drops below the target.

8. Is the company's compensation plan based on recruiting new partners only, or can you make money simply by distributing product? Companies differ in their plans, and in my opinion, your best option is one where you can earn an income through sales, with the option of recruiting.

9. Ask how you will be trained. Will you be required to attend an in person training, or can this be done online or over the phone, and is it free or do they charge for it. You want to know this, because, in my opinion, a legitimate company should provide training in multiple options, not to mention it could add to your budget.

10. Will you have access to continued education and support? Beyond the start up courses, it is important to have access to multiple mentors or trainers, if you truly want to be successful.

I also advise you avoid the pie in the sky, become wealthy overnight offers.. Reality is, there is no such thing as a get rich quick business, if you are looking to get rich quick, buy a lottery ticket, but don't hold your breath. Also beware if someone asks you to make a commitment before you are thoroughly educated, and can read the company disclosures yourself. To find the best work at home business for you, the general rule is do your homework, don't get caught up in the excitement of the success stories, and look for a leader who is up-front, genuine, and has no problem being real with you. Don't pay too much attention to that individuals personal success rate either, because another person's success or lack thereof, has nothing to do with what you can do.

Lastly, once you have selected the best work at home business for you, you'll need to implement a good marketing plan for yourself. The number one challenge new home business owners face is not knowing how to market or promote their products. Your key to success is to align yourself with industry leaders, and learn the best strategies for growing your new business!


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