17.5 Questions To Ask Before Getting Started In A Homebased Business

As you begin the process of considering a home-based business you’re going to see a lot of opportunities that make you scratch your head, wondering if it’s all hype and do people really buy this stuff? I’ve put together this simple report to help you make sense of the many opportunities you have to consider.

1) Would I buy the product? When you consider the many products and services available to you, it’s important to ignore the opportunity side of things first and consider the product itself. would you buy this product? If you bought the product would you use the product? Is the product worth the retail price?

2) What excites you more, the product or the opportunity? If you don’t answer both it could be a sign for you to look elsewhere.

3) Are the products of personal interest to you? Most people do not do well with products that they can’t relate to.

4) Is the business one of those “We do all the work, you get paid” type of businesses? I know you’ve heard the old saying, “if it’s too good to be true…” the fact is, wouldn’t we all just sit at home and collect a check if it were really that simple?

5) What type of training and support is offered? Working directly with someone who is successful in the business you choose greatly enhances your success rate. Does the company do live events? Are there multiple opportunities for you to learn more about running the business?

6) Can you see yourself earning an income with the company? You’ve got a goal you want to achieve, no matter what it is money is a part of it and if you can’t see yourself earning an income with the company, move on.

7) Are there multiple ways to retail the products? the best products and services have several retailing segments that you can choose to market to.

8) Do you have time to set aside for the business? Every business is different, so it’s important that you confirm the time requirements needed to be successful with the business before you move forward.

9) Can you reach your income goal in the time frame you seek? Long term opportunities have more potential, but will require more time before turning a profit.

10) Is there a proven track record associated with the product/ service, business opportunity, and marketing methods? People buy franchises because of the proven track record. There’s a reason that a Monster burger tastes the same in Orlando as it does in Hong Kong.

11) What support tools are available to you? The costs associated with creating support tools can be very expensive, you don’t want to spend a lot of money getting ready to do business.

12) Can you do what they do? As you make calls and review websites, can you see yourself doing what they do?

13) Does it seem to be a bunch of hype? We all have a B.S. meter and we’ve all looked at an ad and said…B.S. Do their claims seem too good to be true?

14) How much do you get paid? This is one of the most important questions you can ask. How much profit do you make on each product? Is it enough? The higher the profit, the easier it will be for you to earn the money you require for your goals.

15) Is there technical support? This is an important question because there are a lot of ways to run the computer and if your a non-technical person like I am, you want ot know that there will be someone who’ll be available to help you for those technical questions.

16) Would you share the product with your friends? Before you poo-poo this question, read it again. I didn’t say “Bug your friends to buy your product”, I said “Share the product”. If you wouldn’t share the product with your friends, that could be a big sign.

17) Are there monthly product purchase requirements? You want to make sure that you’re not buying more product than you and your family can use each month.

17.5) Who controls how I run and market my business. This is the most critical question you should be asking. There’s a company out there who will not allow you to even use their company name in your marketing, you can’t even put their name on your business card. You’re not investing in a job, it’s your business and you want to be in a position to take total control of your business.