Do Legitimate Home Businesses Exist?
Legit home businesses do exist, but it can be a bit confusing for the newbie to spot the difference between honest opportunities and the home based business scams. So in this article we will go over a checklist to help you identify legit home businesses that work and to avoid the scams that do not.
Legit home businesses do exist, but it can be a bit confusing for the newbie to spot the difference between honest opportunities and the home based business scams.
So in this article we will go over a checklist to help you identify legit home businesses that work and to avoid the scams that do not.
Upfront Costs – Legitimate home business opportunities are unlikely to charge members high upfront costs just for joining. When that happens it is likely that other members are getting paid big commissions just from recruiting people and those are the sort of companies to avoid. Honest home business opportunities that are legitimate give members the opportunity to make money by selling high quality products of value and not simply by referring others into the program.
The Product – Expanding from the previous point, it is essential that there is a high quality product of value otherwise there is no opportunity. The products should be in demand and have value in the marketplace whether there was the bonus of a business opportunity attached to it or not. Selling services such as web hosting, autoresponders, and marketing tools make a good fit for this because they can be used for people to promote any other product or business on the internet.
Company Vision – The reality is that many companies do not last the test of time and these sort of programs are going out of business all the time. The reason behind this is often due to not having a strong enough product to support the opportunity as well as the company owners not having a strong enough vision for the future. So for a more reliable long term business, look to join the companies who have a long term vision for their members and are not going to go out of business over the minor struggles most businesses go through along the way.
Compensation Plan – Take a look at the compensation plan offered to affiliates. You want it to be a level playing field so that any member has the ability to earn just as much as the people at the top. The scams tend to fix the compensation plan so that only those at the top who got in early will profit from it. But legitimate home businesses do exist that make it possible for anyone, even the late starters, to become one of the top earners.
If your opportunity ticks off all the above boxes, then there is a good chance that you have a viable and lucrative long term business on your hands.
