The Latest Home Based Business Opportunities will include network marketing, affiliate marketing, multilevel marketing and high tier ticket programs. Here are a few guidelines to help you search for the Latest Home Based Business that is right for you:
Make sure the business or opportunity has been around for at LEAST 3 or 4 years. Believe me, there are companies that seem like the latest and the greatest and they will quickly dismantle before your eyes taking all of your hard work with the dissolution. For example, over the past 2 years companies that have been the RAVE of the network marketing industry only lasted about 2 years. If you proceed with a business or opportunity that has been around for less than 3 or 4 years do so with extreme caution. Be sure to research the experience of the leadership of the company but even that is no guarantee. The beginning phase of any business is a start up and very risky.
Does the opportunity you are considering provide the potential cashflow that you desire if you dedicate 10-15 hours a week working it consistently? Some programs, particularly network marketing requires several years of building before you could ever dream of seeing even $5000.00 a month unless of course you have a large following and that is not the average person. Decide what type of monthly cashflow you desire and analyze the compensation plan to see if that program can deliver that amount. How many people would you have to recruit on a monthly basis to deliver the type of cashflow you desire? How many products would you have to sell? What type of volume will you need?
As you assess programs does your inviter have knowledge and experience for at least two years or more in the program that you are considering? The Home based business industry has a very high attrition rate so you want to make sure you are joining with a person that is dedicated and knowledgeable about the program you are joining. Furthermore, how responsive is your inviter to your questions? It is important to interview your inviter. You should make sure that you have similar values and work ethic.
What type of support does the program offer new members? Is the support online or will you have to go to meetings? These days people desire a true work from home opportunity and one that does not require attending endless meetings which at the end of the day does not provide cash flowing to your bank account. In addition, does the program have a world class training center plus weekly calls for members for support?
Every home based opportunity will require an ongoing source of prospects. What is your marketing strategy? Will your inviter discuss a marketing strategy specifically designed around your budget and personality? The strategy must include more than just talking to your family and friends. The family and friends strategy is a one way ticket to the poorhouse. No business or home based opportunity can survive in perpetuity solely off of family and friends.