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5 Keys to a Successful Internet Home Based Business!
5 Keys to a Successful Internet Home Based Business! - Mark Williams (c) Creating a successful internet home based business is not as hard as you might think. An online business is not much different than an offline business, other than the fact...
Are You Serious About Your Work At Home Business?
Are you treating your business like a Fortune 500 Company or
like a Yard Sale? Take this quiz to find out.
How would you describe your Office? a.) Corporate or b.) Chaos
Which word describes you personal appearance while...
Help For The Home Based Business
Wouldn't it be great to get some good, affordable, reliable
help, even though you work out of your home? But finding workers
and figuring out where to meet or when to bring them into your
home office can pose some difficult juggling, personal...
Home Business Ideas
Take the kids to school….clean the house…..pick the kids up from school and take them to soccer practice. These are some of the daily chores a Mom and Dad face, so how is she to have time to have a career as well? An hour and a half drive in...
Setting Up A Home Business Office
If you are starting a new home based business, one of the first requirements will be that of a home business office. Many people make the mistake of not having a separate place dedicated to their home based business affairs, and then have to...
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Guidelines for the Ideal Home Business
There is bad news and good news in starting a home business.
The bad news is 95 % of all new businesses fail within a short time.
The good news is the home business industry has reached $427 Billion annually, and is growing at an amazing rate. And, 80% of all millionaires today are self made.
So, there is a chance your home business will succeed but only after you have given careful thought as to what that business will be.
Here are some of the attributes of an ideal home business that will improve your chances of success.
The Ideal Home Business:
1- Sell to the Entire World The ideal business must have an unlimited global market,not just local or regional exposure.
2- Is not cyclical Your product/service does not rely on cycles to be in demand. The demand is constant, regardless of time, or price.
3- Product is Original Your product must be unique. It cannot be easily substituted or copied.
4- Minimal Labor Requirements A large portion of capital is not tied up in high labor costs.
5- Low Overhead Total overhead cost must be minimal. No high priced rent, power, labor, shipping, etc.
6- Does Not Require a Large Cash Outlay The ideal business does not tie up capital in all kinds of equipment.
7- Cash Only The business
should be cash only. No money is tied up, or lost,in accounts receivable, and bad debts.
8- Free of Government Regulations No business will ever be 100% free of all government regulations,but these should be kept minimal.
9- Portable The ideal business should be easy to relocate, and can be operated from anywhere in the world.
10- Intellectual Satisfaction It must be a business that challenges your intellect in order to provide self-satisfaction.
11- Free Time The ideal business should allow you to have lots of free time for other interests that are important to you.
12- Unlimited Income Your income is not limited to your direct output. In other words, you work less...but earn more.
13- Easy to Learn The ideal home business should be one that is fairly easy for an ordinary person to learn, no matter what their age, or level of education.
So far I have found only one business that fits the above criteria, and that is trading the futures markets.
About the Author
Rob Hall is a successful futures trader, President & CEO of his own investment firm, and international author. His books on learning to trade futures markets are distributed through Sumas International Sales Ltd. View them at http://www.futuresopps.com/Comm.htm
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