April 1, 2013

Business???


Determining the kind of business you want to have

After you decide you’re going to start your own home-based business, you have to answer two questions: Exactly what kind of home-based business do you want to start, and what’s the best way to market your products or services? You basically have two types of home-based businesses to choose from: businesses you start from scratch and businesses you buy. The latter category is further split into three types: franchises, direct-selling opportunities, and business opportunities. Whether you prefer to march to your own drummer and start your business from the ground up or get a business-in-a-box depends on your personal preferences.



The advantage of a business you start from scratch is that you can mold it to fit your preferences and the existing and emerging markets, which provides you with a boundless variety of possibilities. Businesses started from scratch account for the majority of viable, full-time businesses — in other words, they tend to be more successful over the long run than businesses you can buy. In their book Finding Your Perfect Work (Tarcher), Paul and Sarah provide characteristics of more than 1,500 self-employment careers, along with hundreds of examples of unique businesses that people have carved out for themselves.

If you have a business idea that doesn’t fit an existing category, you can get feedback on your business concept at www.conceptfeedback.com. Each type of home business that you can buy, on the other hand, has its own spin. The following illustrates how the three types are different from one another.

Franchise

A franchise is an agreement in which one business grants another business the right to distribute its products or services. Some common home-based franchises include the following:

·         Aussie Pet Mobile (mobile pet grooming)
·         Jani-King (commercial cleaning service)
·         Jazzercise (dance/exercise classes)
·         ServiceMaster Clean (cleaning service)
·         Snap-On Tools (professional tools and equipment)

Direct selling

Direct selling involves selling consumer products or services in a person-to-person manner, away from a fixed retail location. The two main types of direct-selling opportunities are:

1.   Single-level marketing: Making money by buying products from a parent company and then selling those products directly to customers

2.   Multi-level marketing: Making money through single-level marketing and by sponsoring new direct sellers

Some common home-based direct-selling opportunities include the following:

·         Shaklee (household cleaning products)
·         The Pampered Chef (kitchen tools)
·         Green Irene (green products and consulting)
·         Longaberger Company (baskets)
·         Mary Kay, Inc. (cosmetics)
·         Fuller Brush Company (household and personal-care products)

Business opportunity

A business opportunity is an idea, product, system, or service that someone develops and offers to sell to others to help them start their own, similar businesses. With a business opportunity, your customers and clients pay you directly when you deliver a product or service to them. (Another way to think of a business opportunity is that it’s any business concept you can buy from someone else that isn’t direct selling or franchising.) Here are several examples of business opportunities that you can easily run out of your home:

·         Astro Events of America (inflatable party rentals)
·         Debt Zero LLC (debt settlement)
·         ClosetMaid (storage and organizational products)
·         Vendstar (bulk-candy vending machines)

Interested in how to find more companies and how to get in touch with them? Entrepreneur Media - www.entrepreneur.com and www.gosmallbiz.com have extensive information on business opportunities you can buy. You can also do a search on Google, using the keywords business opportunity.

After you decide on a business, you have to find the money to get it started. Then you have to market your products or services and persuade people to buy them. You can choose conventional methods of promotion, such as advertising and public relations, or you can leverage new selling opportunities, such as the Internet, to your advantage. Or you can (and probably should) do both.

It’s your choice — you’re the boss!


18 comments:

  1. Highly energetic blog, I loved that a lot. Will there be a part 2?


    my web site; diets that work

    ReplyDelete
  2. Wow, this piece of writing is fastidious, my
    younger sister is analyzing these things, therefore I am
    going to let know her.

    Here is my page build a list

    ReplyDelete
  3. Hello just wanted to give you a quick heads up and let you know a few of
    the pictures aren't loading correctly. I'm not sure why but I think its a linking issue.
    I've tried it in two different web browsers and both show the same results.

    Feel free to visit my webpage us dating

    ReplyDelete
  4. Wonderful work! This is the type of info that should be shared
    around the internet. Shame on Google for no longer positioning this submit higher!

    Come on over and seek advice from my web site . Thanks =)

    my site - http://www.youtube.com/watch?v=ErFAXQcDoRU

    ReplyDelete
  5. I do not even know how I ended up here, however I assumed
    this publish was once great. I do not recognise who you might be but certainly you're going to a famous blogger for those who aren't
    already. Cheers!

    Here is my weblog ... how to make money online for free and fast

    ReplyDelete
  6. Every weekend i used to visit this web page, because i wish for enjoyment, as
    this this web page conations in fact pleasant funny material too.


    Here is my homepage - car insurance quotes

    ReplyDelete
  7. It's not my first time to go to see this site, i am visiting this web site dailly and obtain good information from here all the time.

    Feel free to surf to my web-site; work at home business

    ReplyDelete
  8. I all the time used to read piece of writing in news papers but now as I am a user of
    web thus from now I am using net for articles, thanks to web.


    my blog: Ryan Deiss Internet Marketing

    ReplyDelete
  9. Hi there! Dο you use Τwitter? Ι'd like to follow you if that would be ok. I'm undoubtedly еnjоying уouг blog and looκ forwаrd to new posts.


    My blog post: nutrition Books

    ReplyDelete
  10. I have realized some new items from your internet site about pcs.
    Another thing I've always presumed is that computer systems have become a specific thing that each home must have for several reasons. They provide convenient ways to organize homes, pay bills, shop, study, hear music and perhaps watch tv programs. An innovative method to complete many of these tasks is by using a mobile computer. These computer systems are mobile, small, highly effective and convenient.

    My blog post; dating online online

    ReplyDelete
  11. One important thing is that when you are searching for a student
    loan you may find that you'll need a co-signer. There are many cases where this is true because you could find that you do not possess a past history of credit so the mortgage lender will require that you have someone cosign the money for you. Great post.

    Here is my page - totally free date site

    ReplyDelete
  12. Hi my loved one! I want to say that this post is awesome, great written and include almost all important infos.
    I would like to see extra posts like this .

    my blog post ... make fast money online

    ReplyDelete
  13. Amazing! This blog looks exactly like my old one!
    It's on a totally different topic but it has pretty much the same layout and design. Great choice of colors!

    My blog post: adult finder

    ReplyDelete
  14. Wow! Thank you! I always wanted to write on my site something like that.
    Can I take a portion of your post to my site?

    My homepage: facebook of sex

    ReplyDelete
  15. Thx for your post. I'd really like to say that the cost of car insurance varies widely from one insurance policy to another, simply because there are so many different facets which play a role in the overall cost. As an example, the brand name of the vehicle will have an enormous bearing on the fee. A reliable outda family car will have a more economical premium compared to a flashy sports vehicle.

    Take a look at my webpage facebook for sex

    ReplyDelete
  16. You are so interesting! I don't suppose I have read something like that before. So good to discover another person with some original thoughts on this subject matter. Seriously.. thank you for starting this up. This site is something that is needed on the web, someone with a little originality!

    Also visit my page: please click the next website

    ReplyDelete
  17. constantly i used to read smaller articles which as well clear their motive, and that is also happening with this piece of writing which I am reading here.



    Here is my blog :: http://homecashsuccess.org

    ReplyDelete
  18. eToro is the #1 forex trading platform for beginner and pro traders.

    ReplyDelete