How To Evaluate A Business Opportunity
If you have never done any type of research to evaluate a
product or a service BEFORE your purchase, then this
Dollarsforever Ezine is definitely going to be an eye opener for
you. Remember that the purpose behind this evaluation system is
to assure yourself that you are getting the best value for your
hard-earned money.
I will outline for you the 10 basic steps that will help you to
determine the "goodness" of investing in a business opportunity.
So...let's get started.
You should ask yourself: 1. Do I know someone with experience in
this business? 2. Is this business growing now and will it grow
in the future? 3. Will the company train me? 4. Are my "start
up" costs small or large? 5. Is the company stable? 6. Is the
company well-known? 7. How soon will my investment come back to
me as profit? {This is your return on investment -- R.O.I.} 8.
Is there an apparent need for the company's products or
services? 9. Does the company have international locations? 10.
Can I work the business at my own pace?
Your responses should be:
1. Yes 2. Growing & will grow 3. Provides training 4. Small 5.
Stable 6. Well-known 7. 90-days is reasonable 8. Great need 9.
Has international presence 10. I can work at my own pace
If the majority of the responses are like those given above,
then you are probably looking at a "mover and shaker" business.
In other words, it is a business that is headed toward more
growth and greater profit. If, however, most of the responses
were the opposite from those given above, then it is a good idea
to keep your investment dollars in your pocket and to look
elsewhere.
Bottom line: Be sure that all of your business decisions are
based on an objective and logical evaluation "system". In this
way, the chance that you are making a decision based on
"emotion" will be greatly reduced or eliminated.
I hope that this business evaluation system will help you make
sound consumer decisions as well.