How To Start A Business For Under $500.00 In 2018

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How to Choose the Right Home Business

By Donna Rose
How do you start the process of deciding which home based business is THE one for YOU?

Before I made my decision, I was nervous about starting a work from home business.

o I did a lot of research,

o looked at different companies,

o different team members of the organization, and

o what was going to be the perfect fit for ME.

In other words, I didn't just jump right in. I completed all this research before I chose my company and sponsor. Of great importance to me was to be able to find a company and sponsor which fit MY goals, values, and beliefs.

YOU need to do the same before you choose YOUR home based business. Whatever business you choose, you will be investing valuable time and money. It is for this reason alone that you will need to do your own research.

You need to also decide, before you join, that you are willing to make at least a 6 month commitment to yourself and your company. If you are not willing to make this commitment, I would suggest that you stop right here. Don't join any company until you are serious. If you don't listen to this advise, you will be throwing away your investment.

Here are some things you will want to look at before you make your decision:

1. What are the startup costs?

a. Is it under $50, $100, $500?

b. Are there monthly commitments?

2. Is the product consumable, meaning it is used up?

a. A consumable product ensures repeat orders.

3. How many US households use the product?

a. Is it 8 out of 10?

b. 4 out of 10?

4. How many dollars per year are generated by the product?

a. Millions?

b. Billions?

5. What is the profit margin?

a. 25%?

b. 50%?

6. What is the company's compensation plan?

a. Are they willing to share it with you prior to joining?

7. What resources, training are available for everyone?

8. Is there a company website included when joining?

a. Is it free?

b. Is there a monthly fee?

9. How many different ways are you allowed to earn money?

a. Residual income

b. Wholesale the product

c. Retail the product

d. Fundraising

10. Do your goals, values, and beliefs fit with the company?

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