What Is The Best Work At Home Business Model?
What Is The Best Work At Home Business Model?
Most people searching for a business opportunity, are looking for a business that allows them to make the most amount of money possible, in the least amount of time. Whether you are new to the home business industry, or are a veteran, you may not be aware of all the choices you have when choosing the best work at home business for you. You will gain knowledge today, that will equip you in making better business decisions. You will also learn one of the best kept secrets in the home business industry, something that not very many people can actually share.
Although there are several business models available, the two most popular options are direct selling and multilevel marketing. With direct selling, the concept is fairly simple to understand. Some direct sales companies offer multilevel compensation, but for most it is a single level plan where you get paid a commission on the sales you personally produce. Some companies offer compensation based on a percentage of volume, while others offer a set profit margin. A set profit margin is basic retail sales, you earn the difference between the dealer cost and the customer retail price.
Full time incomes in a direct selling company requires extremely high sales volumes due to the fact that for most in this category, the types of products offered are usually lower in cost. Which is the reason that most people involved with direct sales, are usually part timers, or hobbyists. A direct sales company that can offer a higher commission, based on higher cost products or packages, are called Top Tier Direct Sales, and usually attracts more serious career driven individuals.Direct sales can be a great solution for someone who wants to work part time and generate some extra cash. The major negative with direct sales, is if you stop selling, your income stops. Some may disagree with me, but in my opinion, although it has some great benefits, it's not the best work at home business opportunity for those that really want to build career level incomes fast and long term.
Multilevel marketing is a business model based on recruiting a team, also known as a down-line. The majority of mlm companies market consumption type products, which is any type of product that people would use and repeatedly purchase, such as pills, potions, and lotions. You make commissions usually based on a percentage of the volume your team produces weekly or monthly. The main attraction with mlm is the passive or residual income, gained by building a large team all using auto-ship. The biggest disadvantage is in order to create a career level income, it does require building a very sizable team, and can take 3-5 years on average. MLM or network marketing has certainly proven itself to be an opportunity to build wealth, although again, for anybody wanting to replace their job quickly, it's not the best work at home business, in my opinion. It could be a great choice for you, if you're wanting a good part time business to start.
So what is the best work at home business model in my opinion? It's what is known as a hybrid company. You won't find a large selection of organizations that can boast a business model like this. The best option for a hybrid plan is a company that can combine Top Tier Direct Sales with MLM. Offering the best of both worlds. When you can take the advantages of both business models, and virtually eliminate the disadvantages, you have created a plan designed for success. The first main advantage is a new person has the ability to generate job replacing income faster, because of higher ticket product options. A company of this type must be able to offer a selection of products in varying price ranges. With this type of plan, your options are virtually unlimited, you can create career incomes more quickly, and develop a business with long term passive income, and the best part is, you can decide how and what you want to do.
Finding a company that combines both Top Tier Direct Sales, with a hybrid MLM plan is more challenging, simply because there are fewer companies that have the product line to support both a higher commission plan, with a residual plan, and the majority of companies can only offer a singular focused compensation plan. It is not impossible to find a company of this type, it will simply require you do dig a little more. The first thing to look for is a business that markets an above average product selection, incorporating higher tickets items and lower cost consumable items. The next thing to look at is the compensation program, because you need to be able to produce significant cash flow immediately, without having to wait to get paid the bigger checks. Third, they need to have a multilevel compensation plan in place allowing for the residual income. The best work at home business model gives you the ability to get paid real income today, and build for the future, so you can eventually retire in style.
http://www.articlesbase.com/home-business-articles/what-is-the-best-work-at-home-business-model-3798029.html Self-built Appliance Manufacturers Fear The Challenges Hypermarket Store - Gome, Suning, Dazhong - How The Business District Gives Alternatives In Household Manila Properties Home Based Business Industry Will Enhance by 21% Every Year by This Year Work at home business opportunity worldwide How I started my successful home based cake decorating business Achieve Your Own Home Based Business Using These 4 Secrets The Most Effective Ecommerce Strategies for Entrepreneurs Doorstep Loans: Cash at Your Home for Urgency You Might Have Additional Source Of Income By Having Home Based Work At Business In These Days To Meet Your Demands Portable Gas Heaters Help Save On Utility Bills Doorstep Loans – Cash At The Convenience Of Your Home Starting an affiliate marketing home based business Watching TV On PC - Stop Paying Cable Bills