Choosing a Home-Based Business Opportunity: A Checklist of Considerations

Are you considering a home-based business opportunity? There's nothing like the lifestyle of a self-employed home-based business entrepreneur, and with the proliferation of the Internet, it's becoming a reality for more people each day. But there are also important considerations to make sure that the company you are choosing is the right one. Here is a list of questions to ask before you align yourself with a own home-based business opportunity. The Home Office What is the financial strength of the company? How long has the company been in business? What is the experience level of the executive management team? What technology is in place to help the distributor and/or customer? Does the home office offer a satisfaction guarantee and/or return policy? What is the structure of the compensation plan? What level of training does the company provide? Product Is the product unique or exclusive? Is the product consumable? Is the product of good quality? Is the product offered at a reasonable price? Is the product packaging attractive? What is the reorder rate? Does the product capitalize on current trends? Does it appeal to a wide base of consumers? Would it be possible to market it to niche audiences? What is the competition for the product? Distributors What are the personal production requirements for distributors? What start-up costs are involved? Are there ongoing or annual fees for a distributorship? What is your potential risk? What kind of upline support system is in place? What kind of upline training system is in place? Are there monthly sales or recruiting quotas? What happens if you don't meet the quotas in a given month? Does the company or upline support system offer a simple and duplicatable system for marketing and promotion?