The 7 Things You Should Know Before You Sign Up With a Company to Start a Home-Based BusinessAuthor: Jonathan Lamphier
If you are starting a home-based business, you want to align yourself with a company that offers you the best chance to achieve your income goals. Of course, you should know your goals ahead of time. You should also know that whatever opportunity, or company you join, you will have to do some work. Anybody that tells you to just pay the money and the work is done for you is not telling the whole truth. While there are excellent systems out there that do a lot of the work for you, it is still up to you to do your part.
Here are the 7 things you should be focused on:
Unique Products. Are the products unique and difficult to copy? You don’t really want to try to sell something that millions of people in hundreds of companies are already selling. That’s just too much competition. Are the products in demand in the marketplace? Would you buy this product if there wasn’t a business opportunity attached to it? Lucrative Compensation Plan. What does the commission structure look like? How much do you make per sale? How much residual income is possible? How many people would you have to recruit to reach $10,000 per month? You want a compensation plan that is lucrative on the front end and on the back end. Proven Duplicatable Marketing System. Are their marketing strategies duplicatable? In other words, can a new member come in and duplicate their sponsor’s success? Are the company leaders sharing their strategies with their downlines? Are they teaching up to date methods, or are they teaching what they did several years ago to build their business? Things have changed so much in recent years with the emergence of the internet and social media as a powerful force in advertising and marketing. If they are not teaching their people to utilize these new strategies, you as a distributor will be on your own to learn how to market your products and opportunity on the internet. Company Management. Who’s in charge? What have they done in the past? Do they have integrity? Do a Google search on the executives and see what their accomplishments are, what their background looks like. Global Expansion. Can this company and its products go global? Could it do well in the global marketplace? Consumable products like foods, vitamin supplements and other herbal remedies often face the scrutiny of government agencies in other countries. Does The Company Give Back? Do they contribute to their community or charitable organizations? Do they reward their distributors for their achievements? Do they offer incentives? Support and Training. Does the company offer support and training, or is it left up to your sponsor and upline to answer all of your questions?
I hope this article helps you to decide if the company you are considering is the right one for you. Or, will help you re-evaluate a company you may already be involved with.About the Author:
Jonathan Lamphier is an internet marketing coach and entrepreneur form Michigan. http://www.jonathanlamphier.com http://www.jclpromarketing.com http://www.freedom4wageslaves.com
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