23
Aug
12

New Business Opportunities-Are They Right for You?

Have you been looking into home-based business opportunities? With many new business opportunities popping up every day, you may wonder which are here to stay and which should be avoided. Home utilities, cell phones and tools are three multi-level marketing opportunities currently available that you may like to try. Can you actually make money from a business such as this? Before you go signing up for what is being labeled a unique business opportunity, there are certain things you should take into account to determine if this is the right course of action for you.

What is the success rate of this particular opportunity? Did you know that approximately 50% of all representatives who sign up for an opportunity drop out within a year? After a five year period, 90% are no longer selling the products and services and, within ten years, this figure goes up to 95%. Small businesses, in contrast, tend to make it longer. According to the SBA, 44% of small businesses are still in operation after 4 years and 31% after seven years.

When looking into these new business opportunities, do your research. Learn who your upline will be. Don’t go up one level; go all the way to the top. Do you trust these people and how much information are they willing to share with you? If you were opening a business with a partner, you would investigate him or her. Do the same here with your upline.

Once you are familiar with your upline, look into the products and services you will be selling. Do they have a good track record? Learn your competition. Many people think it is easy to make a sale, but this isn’t always the case. You have to love your product if you want to convince others they will love it too. Make use of the products yourself so you learn the good points and the bad about each one. If the products are good and needed by consumers, you should be able to recoup your investment in a very short period of time.

Were you pressured to join this company? A good representative won’t pressure others to sign up. Rather, he or she will look for people who love the products and/or services and recommend the business opportunity. If someone is giving you a hard sale to get you to sign up, you should keep looking for something that is a better match for you.

Know what you are looking for from the business opportunity. Do you want to bring in some extra cash or want to quit your regular job? If the answer to either of these questions is yes, keep looking. If you think the products and services are the best available and want to share them with others, you are ready to start with the business. This one thing alone does more to guarantee success than anything else.

Thank You

Chris Benoit

http://www.WorkWithChrisBenoit.com

 

25
Jul
12

Multi Level Marketing Conspiracies Unleashed

Are Multi Level Marketing “MLM” business opportunities a pyramid scheme or a legitimate way to earn stratospheric income.  Everyone pursuing a home based business on the internet or through classified ads has seen the outrageous claims of instant riches with little or no effort.

Not too long ago MLM was a legitimate business which provided a way for companies to get their products to customers in small towns and rural areas which had no access to their goods. The MLM structure gave flexibility to distributors with little or no paid advertising.  Companies such as Amway and Herbalife utilized recruits to sell to friends, family members, coworkers and anyone else they could find to buy the product.  Inherent with this system is the need to gather a large group of recruits or a “downline” to purchase the goods and continue to this process.  This is where the pyramid aspect of MLM originated.

Who Profits?

As in most bottom heavy organizations only the top 2-3% are going to profit.  The drop out rate is astronomical.  Over 90% of recruits quit within the first 30 days.  For MLM programs or recruiters to be successful in today’s market they must constantly recruit.  Recruits will buy the product with hopes of realizing incredible gains only to end up filling up their garage with product they cannot move.

One weapon that has increased the ability to add recruits is the power of the Internet.  After recruits have exhausted or alienated their circle of close friends and acquaintances, they need to find more bodies.  All MLM programs provide recruits the ability to buy leads.  However, most people dislike calling prospects and soon lose more money on this process.  The next frontier for distributors is to mine for prospects by advertising on the Internet.  While this is a viable alternative to offline advertising, there is a great potential to lose more and more money without the proper training.

What is the answer?

As in any venture one must do their due diligence and thoroughly research the MLM opportunity.  There are many legitimate MLM companies that have built great publically traded companies that provide employment opportunities and income for many people.  However, ask yourself, why should I have to purchase then resell this Product?  If you are advertising and selling the product shouldn’t a legitimate company facilitate this for you?  Yes they should and it’s called “Direct Sales”.  In a legitimate Multi Level Marketing organization, commissions are earned on sales of services or products not from recruiting associates.

In the end it all comes down to finding the right opportunity.  Fraudulent MLM companies will require exorbitant start up fees and require the recruit to buy expensive amounts of product.  Seek transparency and filter out the losers. Do your homework, find your comfort level for losses in the beginning and be prepared for the long haul.  Anything that promises instant riches and very little work is looking to profit from a weak and unknowledgeable prospect.

Chris Benoit

www.WorkWithChrisBenoit.com

23
Jul
12

Looking for Work from Home Business Ideas? Find Some Tips Below!

Finding work from home business ideas is the goal for many different people. Unfortunately, there are a number of different people out there looking to take advantage of this fact. This means that there are a number of so called business ideas that are really just vessels for taking your money. It’s up to you to do your homework to find the legitimate programs and avoid the scams.

The first thing that you have to understand is that while there are a lot of legit ways for you to earn money at a work at home business, many of them weren’t designed for making money fast. For example, you’ll find that there are a lot of people blogging for money. This, however, takes time because you have to build a following, enough so that other companies will want to help you monetize your blog. Some professional bloggers say that it takes at least two years to make a good income from blogging.

This, however, doesn’t mean that if you’re good at writing that you shouldn’t pursue a from home writing job. You will find that there are a lot of different ways for you to earn money from home as a writer. You can reach out to SEO companies and offer your writing services to help them with their marketing campaigns; you can join writing gig forums and more. What’s more, there are magazines and newspapers frequently holding contests to help them find new writers to their staff.

Many people find that they can be successful as an affiliate marketer or when joining a multi level marketing program. It’s important to note that both of these options require you to put in a lot of hard work, but the payoff can be extraordinary. This is especially the case if you can get in on a ground breaking idea.

While the Internet provides many excellent opportunities, these are not the only place for work from home business ideas. You can start a business as an at home educator. This is someone who works as a tutor, provides online tutoring, helps home schooling parents develop curriculum or gain the necessary skills to teach their kids and more.

If you have a degree in psychology, you can help people personally. Many therapists run their businesses from home. You can also act as a life coach, which doesn’t require any specific college education, help people organize their homes or their lives and more.

There are a number of working from home ideas that can help you to succeed at your own business. Working for yourself can be very rewarding, but it does require discipline to be successful. If you feel that you have what it takes, then make a list of things that you’re good at and see how you can turn it into a work from home business.

Chris Benoit

www.WorkWithChrisBenoit.com

16
Jul
12

Online Home Based Business Opportunity

Are you looking for a legitimate online home based business opportunity? This has become of great interest for many people since there is a lot of money to make online that has become apparent in recent years. This has caused many people to try different tactics to make money online but unfortunately, scams have risen out of this in an attempt to make money off those that are trying to find a true legitimate home business opportunity.

The only way to have a “successful home business” is to begin with a solid foundation and make sure you have the tools you need to run the business. For starters, you need to have a business plan or at least a guide to what your new company is going to be about. For instance, do you plan to sell an actual product or is the business more service oriented? For example, starting a consultant agency is definitely going to be a service or advice that people are buying as opposed to something tangible they can hold.

The next step in preparing for your home based online business is to have the office space or some part of the home designated for your business. You’ll need to have a computer, Internet connection, and a phone. You will also need to set up a website that explains your business. Do not take this step lightly since your website is what gives visitors a first impression so you want to make it good. If you do not know how to set up a website, this may be your first expense as a new business.

You will also need to have your website optimized so that the search engines, namely Google begin to index your site in the search results. You can do this by using keywords that are the most searched as they relate to your business and then build quality articles around these keywords. All of this might sound small, but if you can’t get traffic to your site, you will not have many new customers.

It’s important to use other free marketing strategies for your new online home based business opportunity that you’ve undertaken. One of the hottest ways to do this is via social media marketing. This includes the social media websites such as Facebook, Twitter, and Pinterest. You can use these to get more people to your website and interested in your product or service. Building a new home business takes time and there are true legitimate opportunities available, you simply have to take the time to do your research to find one that best suits your interests.

Chris Benoit

www.WorkWithChrisBenoit.com

 

18
Aug
11

Uncovering Various Franchising Alternatives

One way of growing a brand name or a company’s products or services is to expand via franchising. While this is an excellent way to see some tremendous growth, the key to this process is not just following the letter of the law, but more importantly, it is about making sure that franchising is the right move. If it is, then so be it, but if it isn’t, for whatever reason, you might want to look into certain franchising alternatives. What is commonly understood is that while franchising is a good and proven way to grow, there are some other ways to go about it.

The first thing you will want to understand about franchising alternatives is to first understand what the textbook definition of a franchise is. How it is typically defined is in three steps, the use of a common trademark, the availability of training or support and the collecting of fees over a designated period of time. The reason why knowing this is so important is because the low cost franchising alternatives will tend to only vary slightly from what a standard franchising agreement would be.

One way would be to simply not collect fees until the initial 6 month period is over. You could do everything else like a franchise would, but without the collection of fees, this would constitute a “no fees” agreement and technically not a franchise.

However, you need to be very careful, while this can work, if the non franchisee buys anything from you and your company that could be viewed by some state laws as collecting fees. This sort of violation could end up costing you big.

 

Another option is by using a trademark license. This happens all the time with sports stars. They can lend their name to a car dealership, a clothing line or something else. However, you have to understand that unless you have a marketable name; it is extremely difficult to grow your business in this manner.  Of course there is always company owned growth as well. While not as cheap as franchising it is one of the Franchising Alternatives.

One of the biggest disadvantages of franchising is that when you have other people representing your products or services, and if something goes bad, it reflects poorly on your brand. Even with many of these Franchising Alternatives, that problem will still exist. That is why so many companies find it more agreeable to go with company owned growth instead.

Christopher Benoit

www.WealthProtectionOnline.com

01
Aug
11

Affiliate Marketing Programs-Why You Need to Try One or More

Affiliate marketing is a program in which you advertise the products or services of another company and get paid if someone chooses to purchase these items as a result of the ad placed on your site. When you choose to join an affiliate program, you can make money while working at home. This is one of the few programs where you can actually make money as you sleep. It all depends on when others choose to make their purchases. Although you most likely won’t become a millionaire using this type of program unless you join a number of affiliate programs, you can bring in some much needed extra cash. There are many benefits of affiliate marketing programs that should be considered before determining if this is the right option for you.

 

One of the advantages of affiliate marketing is that you have thousands, if not millions, of potential customers. The Internet continues to grow at a rapid rate and you can take full advantage of this. The more you advertise your site, the greater your chances of making a decent income from this partnership. This will depend in large part on the content of your site and what you have to offer that others do not, so remember this when you first go to sign up with an affiliate.

 

Another of the benefits of affiliate marketing programs is that you don’t need to have a lot of training or experience to bring in some money. The affiliate program provides everything you need to promote their product and they also offer support if you find yourself running into difficulty. All you have to do is drive traffic to your site and offer products that your visitors may be interested in. You don’t want to be advertising dog food on a site designed for cats though. Make sure the affiliates you choose sell products that relate to the information being presented.

 

There is little, if any, start up cost for affiliate marketing if you already have a computer, an Internet connection and membership with one or more affiliate programs. This is one of the main advantages of affiliate marketing and one of the reasons why so many choose to make money in this way. You can also take your program anywhere you go. You can monitor sales and update your site anywhere you can connect to the Internet. You are not tied to a desk in an office somewhere.

 

As your website grows, you can increase the profits made from your affiliate program by branching out. Once your site is up and running, you may wish to set up an e-mail marketing campaign or start a blog. Promote your site on social networking sites such as Facebook or Digg and watch website traffic increase. Many businesses are finding that this is the way to go as these sites do not cost you any money and yet offer a great return on investment. As these visitors arrive on your site, they make purchases and you collect money. With many benefits of affiliate marketing programs, you should try one today. You may be pleasantly surprised by the results.

Christopher Benoit

www.WealthProtectionOnline.com

20
Jul
11

You Too Can Take Advantage Of Online Business Opportunities From Home

Are you tired of getting up early and fighting traffic to get to a job that you don’t even like? Do you hate having to work mandatory over time? Maybe it is time that you checked into online business opportunities from home. There are many kinds of businesses that you can start and run right out of your house. You can set your own hours and even take days off whenever you choose.

 When you are checking out businesses online watch for the words “from home” and “at home” they have very different meanings. A business you operate from home is one you run out of your home. It means that you will do business, usually in the area surrounding your home. This is like Avon and Amway where you purchase products at a wholesale price and sell them to customers you find at a retail price which is where you make your profit.

What you do in these kinds of businesses is to pass your product pamphlets to your friends, family and neighbors. From these pamphlets they can choose which products they would like to try and they order them directly from you. You compile all the orders you get (and have been paid for in advance) and place an order from the company. The products are shipped directly to your home where you sort them into individual orders and then deliver them to your customers.

Some of these kinds of businesses also have programs in place that you can use to recruit others to join in this kind of business with you and have bonuses you can get due to the increased sales volume you and your group develop. 

An online business opportunities from home where you don’t have to leave your home at all to run it would be like doing independent contracting writing for a company that provides you with a topic to write about. Once you have completed the writing assignment you upload the finished work through the Internet. This is the type of business that is not only operated right from your home it is also one that is so mobile that you can continue to do it even if you were to move clear across the country. 

While it is true that there are some scam artists that offer online business opportunities from home that only want to separate you from your hard earned money, with some care in your searching you can learn how to avoid getting caught up in these schemes. There are usually ways that you can report scams and get them taken off of the net.

Some things you can do when you find one of the excellent online business opportunities from home is tell others about them or write blogs so others will know that this is one of the good opportunities. In the same regard if you run into a scam business you can blog about them too. That way you give others looking at it fair warning that they want to avoid it.

The power of the Internet is very wide spread and what we blog about is found and read by a vast number of people. This is also how many good online business opportunities from home are found by people that have need of them. In the past if we were laid off from our job due to adverse economic conditions all we could do is start looking for another available job. These days we have other choices like finding business opportunities that we can start right from our homes. 

No longer are we slaves to the business community of brick and mortar businesses. It is a great feeling to have this kind of freedom of choices available to us.

Christopher Benoit

www.OnlineHomeBusinessSite.com