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posted on: 6/16/2012 6:25:04 PM EST
5 Areas to Evaluate When Considering A Biz Opportunity
legitimate, evaluate, money, freedom, time, income

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There are a lot of people out there claiming there business opportunity is the best, when in fact, they haven't made a dime. Sure, it all sounds nice: make $1,000 a week and only contribute 15 minutes per day, or some hype like that.

A real opportunity, takes an investment of course, but it also takes work. So if you're going to take a look at a home business opportunity, make sure you research carefully and thoroughly to find out what is right for you.


There are Five Areas you should evaluate:

1)The Company. - What's the track record? -credibility? -longevity? (will they be around?) -reputation (what are 3rd party sources saying?)

2)Need in Marketplace. -Do people NEED what you are offering?

3)Product/Service. -Is there competition?-Is it affordable to the masses?

4)Compensation.-Can you do it? -Do you have the time? -Is it worth your time?

5)Timing.-Are you in front of a trend?

View this video presentation that explains a bit more about how to recognize a legitimate, solid business opportunity that is not here today and gone tomorrow:
 ibourl.com/tba


In these economic times, people are not looking to waste money. If they can get your product/service for a lesser price elsewhere, they will.




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Marian Gurowicz   343 day(s) ago
You offer very good advice Ophelia. Here's there conundrum. There's at least one survey says that these are the last things that the prospective entrepreneur is looking at. They get sold by who is presenting and the connection that they feel to them and what is being said. The decision needs to be both emotional and intellectual as you pointed out.
 
Prakash Kunjeer    343 day(s) ago
Excellent Blog and specifically I like the way you outlined specific area. One suggestion I would like to make- sometimes the price of product/service doesn't matter if it is worth the value. Thanks.
 
Dennis Thorgesen   343 day(s) ago
We find the most successful business people at least those we know have both an offline and online presence. Checking the track record is important. For some products or services though a long track record is not as necessary. Knowing about the owners is though. All you really want to know is will they provide quality in the time frame you have.
 


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