Lower your Phone Bill with your own Telecommunication Business

A Telecommunication Business allows you the possibility of making money every time you pick up the phone, or go onto the internet. People say it is impossible, but is it. Telephone companies and electric companies have been doing it for over 100 years. When the government began to break up the telephone companies and made it possible for independent electric companies to compete, the door was opened to telecommunication business opportunities. This is really not a new type of business, and it not a get rich quick scheme. It is a highly respected and profitable home based business when treated as a business. You will need to do your research about the telecommunications industry before anything else. You will technically be buying a franchise, so you may incur start up costs that could be substantial. However, depending on the company you decide to go with will change the start up costs. Some have no fee to start while others can run into the thousands of dollars. See what each company offers and then decide which is best for you. When looking at these telecommunications companies you want to check several things. One that has been mentioned is the start up costs. Check also to see if there are any other fees that are incurred monthly. Another consideration would be compensation, and residual income. Compensation within each company is different. Their compensation telecommunication business affiliates runs from 0% until you reach a certain level in the company, up to 20% from the day you begin. You need to find a compensation plan that is right for you. You should also look at the residual income and see if it is offered. This is income that you will continue to receive even after you retire. There are companies who offer no residual income until you get to a certain level, and other companies that offer it for two generations after your death. You need to be comfortable with the residual income before you decide. You should also consider what services the company will offer to your customers. Each company offers general telecommunication services for their affiliates, but some offer additional services and have plans to expand. Check all of this out before deciding on the company. Something else you may want to consider is if the company will help you market your telecommunications business. Do you want a website, only word of mouth, or both? See what each company has to offer and decide which marketing option will fit you best. Hopefully one company will have many of the options at the levels you want. However, chances are you will have to compromise on one or more options. Decide what is really important to you before making your final decision. Once you have joined a company as an affiliate, you will want to switch your home and business telephone company to your own. If the service is available, change your internet too. The best way to save money and actually make money is to take advantage of the services yourself. Many affiliates focus on one group of customers, such as the general public, college students, older persons and families. Others focus on businesses, such as home based, small, mid-size, or corporate businesses. Choose a group or don