When individuals hear about individual business opportunities, the first question which often pops into their minds is how simple is it to do so. Upon hearing that it is quite doable for many, the individuals expressing an interest in doing so will then venture further into exploring these types of job opportunities. Before taking the leap into becoming your own business owner, you should peruse a few different factors which will help to determine if it truly is as easy as many claim it to be.
Genre of Business
The business genre is one factor to consider when thinking about starting your own business and determining how easy it is going to be to do so. Certain job opportunities will be much simpler to pull off than others. For example, those which involve the business owner and no other employees are often easier than one which requires the hiring of multiple people. Also, businesses which need a large quantity of office space, equipment and cost a large overhead may be more difficult than a business which only requires a computer and the time of the business owner. Therefore, consider what type of business you want to open up and then make a business plan to see how easy it will be to get it off the ground and running.
Office Space
Office space is another determining factor to consider when looking into business opportunities. Make sure that you consider what type of job will be performed and if you have enough space allotted to allow for maximum business potential. If not, it may be wise to either choose another job opportunity to pursue or look into renting larger office space to accommodate the business, employees and products. The more office space one requires often means that the job opportunity is less simple than others may be.
Hiring of Employees
The simplicity of the business will also be determined with regard to the hiring of employees. More employees needed to complete the daily tasks of the business often make the simplicity factor less apparent. When one needs to have additional employees, this often means more accounting work, payroll work and insurance details. If the job does not call for extra employees it may be wise to minimize the number thereof and make the overall business easy to get under way. Simple Business Operations
It can arguable be stated that the simpler the business operations, the easier it will be to get the business up and running. If the job consists of working on writing articles from home, the business itself may be simple in nature and easy to accomplish. On the other hand, if the business opportunity involves selling goods online, there may be more things involved such as obtaining products, listing items, packaging them up and shipping them to the recipients. All of these factors may add up to make the overall business a bit more difficult to complete than some other business ventures. In sum, the simpler the business concept, the easier it will be to get started.
Jeff W Albert
httpL//jeffalbert.teachingyouwealth.com
Saturday, September 6, 2008
Thursday, September 4, 2008
Is Network Marketing Losing Its Luster?
The network marketing business model has been around for at least a hundred years and scammers existed even then. However, most legitimate companies were able to reign in their rogue distributors and, with the help of government regulators, the amount of money lost to illegal scams was minimized. However, with the growth and expansion of the internet, network marketing opened a new market for many legitimate businesses as well as the scam artists.
Network marketing is a fairly simple model. A company has a good product that sells better if demonstrated by a trained distributor that also has sales techniques that enable them to close a sale in one visit. Everything from vacuum cleaners, housewares and health and beauty products were, and still all, sold through a network marketing model. The company produces the products and enlists the aid of outside sales representatives to take their product to market and put it into the hands of consumers.
Prior to the internet, these so-called licensed distributors worked in a territory protected against competition from other distributors and could earn a decent living selling whatever product line with which they were involved. Typically, the distributor had to purchase a sales kit in order to demonstrate the product and some companies may have even charged them for training on how to use the product or close the sale.
The money paid for the sales kits was usually enough to cover the wholesale cost of the kit, preventing the loss incurred by the company from the distributors who took the kit, made no sales and disappeared with the products. These distributors that worked well and earned their money were offered additional incentives to recruit others into the business. There was rarely any financial reward for signing up a new distributor, but for every sale they made, the person who recruited them received a commission.
Unfortunately, a few individuals came with an idea that they could recruit people simply for the sake of recruiting other people and no real product ever changed hands. Commonly referred to as a pyramid scheme, most are outlawed in countries around the world. The only way a person could recoup the money they paid to join was to recruit others into the scam and take a piece of their entry fee. Sometimes, they would have to recruit as many as five other just to break even.
With the growth of the internet, there are many people making unrealistic promises of how to make a ton of money without having to do a lot of work. These companies rely on a person's laziness and greed to get them into the business and promise them that every recruit they sign up will make sales on their products or services for which the sponsoring member earns a commission, in addition to the bonus for recruiting them.
Many of the people focus on recruitment to make their money and no product is ever sold. That is OK though, because that was the illegal intent from the beginning. These scams have turned most people away from network marketing giving even legitimate businesses a bad name.
Htpp:..jeffalbert.teachingyouwealth.com
Network marketing is a fairly simple model. A company has a good product that sells better if demonstrated by a trained distributor that also has sales techniques that enable them to close a sale in one visit. Everything from vacuum cleaners, housewares and health and beauty products were, and still all, sold through a network marketing model. The company produces the products and enlists the aid of outside sales representatives to take their product to market and put it into the hands of consumers.
Prior to the internet, these so-called licensed distributors worked in a territory protected against competition from other distributors and could earn a decent living selling whatever product line with which they were involved. Typically, the distributor had to purchase a sales kit in order to demonstrate the product and some companies may have even charged them for training on how to use the product or close the sale.
The money paid for the sales kits was usually enough to cover the wholesale cost of the kit, preventing the loss incurred by the company from the distributors who took the kit, made no sales and disappeared with the products. These distributors that worked well and earned their money were offered additional incentives to recruit others into the business. There was rarely any financial reward for signing up a new distributor, but for every sale they made, the person who recruited them received a commission.
Unfortunately, a few individuals came with an idea that they could recruit people simply for the sake of recruiting other people and no real product ever changed hands. Commonly referred to as a pyramid scheme, most are outlawed in countries around the world. The only way a person could recoup the money they paid to join was to recruit others into the scam and take a piece of their entry fee. Sometimes, they would have to recruit as many as five other just to break even.
With the growth of the internet, there are many people making unrealistic promises of how to make a ton of money without having to do a lot of work. These companies rely on a person's laziness and greed to get them into the business and promise them that every recruit they sign up will make sales on their products or services for which the sponsoring member earns a commission, in addition to the bonus for recruiting them.
Many of the people focus on recruitment to make their money and no product is ever sold. That is OK though, because that was the illegal intent from the beginning. These scams have turned most people away from network marketing giving even legitimate businesses a bad name.
Htpp:..jeffalbert.teachingyouwealth.com
Wednesday, September 3, 2008
Is There An Internet Marketing Business You Can Run From Home?
After many months and possibly thousands of dollars wasted on internet marketing programs, many people begin to doubt that there is a home-based internet marketing business for them. For some, that may be true. They may not be cut out for the type of time and effort required to make internet marketing work for them. Despite their dreams and aspirations of running their own business from home, internet marketing may not be the field for them.
You, on the other hand, have everything it takes to make a success out of a home-based internet marketing business and the only thing missing is the right program. Finding programs that are legitimate and not only after your money can take some research as well as asking some tough questions of those trying to recruit you into their fold. In some companies, an almost cult-like environment surrounds their members and those who are reluctant to join their program are considered outsiders with no plan for the future.
There are a few things to consider when looking at home based internet marketing businesses that can top you off on their legitimacy. One of the keys is the amount of up front investment you are being asked to make. It is not unusual for companies to ask for money to become part of their company, as it serves two essential purposes. First, it separates those who are truly interested in the opportunity from those only wanting to watch from the sidelines and it helps with the expense of setting up their online business.
Websites and site replication are not cheap and they also have a considerable investment in advertising and marketing. After all, that is what drew you to the site in the first place. However, the amount charged is often pretty high and if the investment costs does not scare you away, check what you will get for your investment. Marketing tools and training are a couple of the most popular items on the list but how about a phone number to call and talk to a real person if you have any questions?
Many times sham companies hide behind a post office box or just an email address aand if the offer does not include a means of contacting the company, may they do not want you to find them. How long they have been in business is another concern as it requires little more than the cost of registering a domain name and web space to be in business. With a good site design, a few days of collecting hundreds of dollars in fees from potential distributors is all someone needs to make a ton of money and skip town.
Make sure the opportunity is focused on selling product or services and not on recruiting new distributors. The ones that focus on product sales will have money to pay their people commission on sales. Those that require you to sign up new members before being eligible to earn commission are questionable at best.
Jeff Albert
http://jeffalbert.teachingyouwealth.com
You, on the other hand, have everything it takes to make a success out of a home-based internet marketing business and the only thing missing is the right program. Finding programs that are legitimate and not only after your money can take some research as well as asking some tough questions of those trying to recruit you into their fold. In some companies, an almost cult-like environment surrounds their members and those who are reluctant to join their program are considered outsiders with no plan for the future.
There are a few things to consider when looking at home based internet marketing businesses that can top you off on their legitimacy. One of the keys is the amount of up front investment you are being asked to make. It is not unusual for companies to ask for money to become part of their company, as it serves two essential purposes. First, it separates those who are truly interested in the opportunity from those only wanting to watch from the sidelines and it helps with the expense of setting up their online business.
Websites and site replication are not cheap and they also have a considerable investment in advertising and marketing. After all, that is what drew you to the site in the first place. However, the amount charged is often pretty high and if the investment costs does not scare you away, check what you will get for your investment. Marketing tools and training are a couple of the most popular items on the list but how about a phone number to call and talk to a real person if you have any questions?
Many times sham companies hide behind a post office box or just an email address aand if the offer does not include a means of contacting the company, may they do not want you to find them. How long they have been in business is another concern as it requires little more than the cost of registering a domain name and web space to be in business. With a good site design, a few days of collecting hundreds of dollars in fees from potential distributors is all someone needs to make a ton of money and skip town.
Make sure the opportunity is focused on selling product or services and not on recruiting new distributors. The ones that focus on product sales will have money to pay their people commission on sales. Those that require you to sign up new members before being eligible to earn commission are questionable at best.
Jeff Albert
http://jeffalbert.teachingyouwealth.com
Subscribe to:
Posts (Atom)
