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I recently put together a short list of how to evaluate a home business. The idea was to stay away from the heavy-duty analytical stuff and focus on some general questions.

Here's my post, with a link to an excellent piece by Stephanie Foster; menathome.net/blog/2007/07/18/how-to-evaluate-a-home-business-opportunity/

So what would be on your list of main questions? How about some links that we can add to each other's sites? That would be really helpful to all of us!

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User Comments

  1. dpasquella
    I always use caution with advertisements that encourage home-based careers. I've been scammed 3 times already, so it's discouraged me a great deal.

    How is your business opportunity different?

    Why can't it be like a job- where you go in, get hired, and work, without investing money into it?
    1. Luvmyfamily
      Girl I have done 2 at home businesses and have been scammed on the internet. I gave up on working from home and went to nursing school. My dad called me and told me about his business that he has nd wanted to make sure it worked before he told me about it, he even paid for the business name to show me how serious he was. I love it, my hubby loves it. Go here www.letsgotraveling.com then go to the about us section. I am a Christian woman and would never do any one harm especially since I have been a victim of more scams than I would like to admit to.
    2. mtchick
      "Why can't it be like a job- where you go in, get hired, and work, without investing money into it?"

      I don't know if you're looking for a sales-type business, but I do know a lot of general and legal transcriptionists who work at home, just like a regular job, with no investment. There are several companies that hire newbie transcriptionists.

      I do medical transcription at home, which is also a real job. It does require an investment in schooling, but that pays for itself quickly.

      Check out my blog if you're interested.
  2. sahabatul
    The best party that can vouch for any home based business or work-at-home opportunities are those work-at-home moms and dads.. Find your nearest work-at-home moms and dads organizations and join them.. They have helped me big time years ago and I still think that they are the best teachers and mentors I've ever had!

    homebiss.blogspot.com
  3. Norski
    Nothing to add to your list: not yet, anyway.

    I added a post on "business opportunities" to my starting-a-small-business blog ( withoutlosingmymind.blogspot.com/2007/07/home-business-opportunities-earn.h... ) which includes a link to your menathome.net/blog/.

    A reciprocal link, if you find something relevant, would be appreciated: but in any case, thanks for drawing my attention to your post.
  4. kab625
    I think the invesment question is key. If it's worth your while; if you're a "seller" for a company, you shouldn't have to purchase their program, the product, yes, but not the marketing plan.

    I think another question would be one that addresses ongoing business support.
  5. thelookout
    i always check www.scam.com when I'm looking into any 'business opportunities' - just about every one I've checked so far is mentioned there and is some kind of scam or other - its a huge forum site where you get reports from people who've tried out the packages for themselves etc
  6. robinj
    Thats a great idea I know a few people who have been caught if it sounds too good to be true it usually is I have found

    guidetolifeblog.com
  7. crisstar
    Scam.com is one of those well meaning sites that turned into "don't believe everything you read on this site"....

    I've seen people file scam reports because they couldn't figure out how to unsubscribe from something. I've seen people who were mad at their upline file scam reports too.

    Going to scam.com may not be the best place to go. People need to use good ol' common sense first and foremost.

    By the time I'd seen this post, your article was down off your site. So I haven't a clue what you stated.

    In general, when look at an opportunity you want to pay attention to:

    The length of time the company's been in business (anything under 24 months has a higher risk of going under)

    * The industry it's in (some industries have consistently been shown to be more successful)

    * The product (what in the heck are you selling? If the emphasis is on recruiting/or selling kits and Not on the product, then pass on that opportunity)

    * The management team (they should have previous success running a company. They also control your check... this is very important!)

    Just a few thoughts...

    Corrisa
  8. onceafortnight
    I work from home and believe me there is no get quick rich scheme.

    If you are going to do it:

    Have extreme self-motivation
    Don't mind boring repetition
    Do not be afraid of being alone - a lot
    Be prepared to make all your own decisions about your business.
    Be working 100% on what you know or your strengths
    Do not be persuaded to try and do something you are not committed to

    Otherwise - work for someone else.

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