subject: A Legitimate Home Business Opportunity - Really? [print this page] When it comes to picking a legitimate home business opportunity on the Internet, a certain amount of caution is recommended. The virtual world of online business has opened the flood gates to ponzi schemes and con artists.
So, how do you tell if a business is legitimate or not?
Well, one obvious question to ask yourself is how long has the business been around? A typical scam is rarely active for longer than a few months and will have in its short period of operation already have received a deal of negativity on forums etc.
For some reason many people on the Internet think they can amass a fortune by doing nothing! Yet, nothing is further from the truth. A good business will expect you to put in effort to earn a living so don't believe the promises many shady operations make of easy money.
Imagine trying to run a business offline without havng to work! Why then, would it be any different on the Internet?
A very important point to address when choosing a business is the long term potential of a company. Some businesses use the concept of a downline to quickly generate a large membership base. They do this by offering initial membership to heavy hitters. This results in very fast initial growth followed by extreme slowdown. Unless the product has mass appeal it can be very frustrating attempting to build a business this way. Ensure the product behind the company has both long term potential and mass appeal.
Any scheme (can't be classed as a business) built on a matrix system supporting no real product is just a quick way for the owners and their friends to make some money. Stay clear! All the legitimate payment processors do!
If you don't recognise the payment processor be very wary. Good payment systems do full background checks on potential customers. Better safe than sorry when it comes to your own money!
Ensure the compensation plan is to your satisfaction and the terms of payment are fair. A lot of scams will expect money up front, lead you to believe they are genuine by paying you once or twice, but then make it extremely difficult for you to get paid in the future after you've commited.
Can you find out any information about the owners of the company? How public are they and what have they done before?
A first class legitimate home business opportunity will provide first class training and both telephone and email support. It should also supply or recommend all the tools you need to run your busines. Please ensure the physical address they give is genuine and not some virtual office in cyber space.
Of course, there are many honest businesses on the Internet but not everyone of them will be right for you. Just keep to the guidelines and follow your instincts to make the right choice.
Be aware, programs that allow a free entry level, particularly at launch, although good for exploring a system can attract what the industry terms 'tyre kickers'. That is, people who have no intention of building the business or promoting it. If you are trying to build a downline this can be quite frustrating. Some of the better businesses put systems in place to prevent this from happening. This is good because it protects the business from excessive attrition and prevents unjustified negativity effecting the membership. That said, a solid business with a great product will more than likely overcome such obstacles.
So, there you go, some guidelines that I'm sure will help you choose a legitimate home business opportunity without falling prey to online sharks!
A Legitimate Home Business Opportunity - Really?
By: Stuart Gardiner
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