Business People Club

Search All Topics !

How to look for business opportunities?

0 like 0 dislike
474 views
by TrainedGuy
How to look for business opportunities?

Advertise With Us

Create and Manage Your Sponsored Content

Promote Your Products and Services

 

  • Niche Categories
  • Flat Pricing
  • Unlimited Views
  • Sell Products
  • Highlighted Sponsored Post
  • Sell Services
  • Promote Causes
  • Reply To Customer Inquiries
  • Build Backlinks
  • Promote Affiliate Links
  • Instant Notifications
  • Build Author Profile
  • Cancel Anytime
  • Get Started

Please log in or register to reply to this post.

1 Comment

0 like 0 dislike
commented by CheeryGrin
If you are considering striking out and starting a new business, you have probably been investigating what are known as "business opportunities". A business opportunity is usually a complete package that contains a product or line of products, and a marketing strategy for selling that product.

Any business opportunity worth considering will either have a track record that you can investigate and evaluate, or it will have a clear statement of the plan, the potential, and the up-front costs. Before investing any time or money in a specific business opportunity there are some things you should consider. Here are some of the more important ones:

How long has the business opportunity been in business? - Before investing time and money in marketing a business opportunity it is important to determine how long that business opportunity has been operating.

If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

Does the company have a fixed address and phone number? - This may seem obvious to you, but the fact is, thousands of "companies" operate with nothing more than a website and an email address. Many of them are here today and gone tomorrow. Make sure the business you intend to deal with has a fixed address, physical location, and established phone number.

Does the business opportunity have some successful members you can talk to? - Most business opportunities will show you "testimonials", but these are often untrustworthy. They could even be completely fabricated. Ask the owner of the business opportunity for names of real people you can talk to. Call them on the telephone and ask them to share their experiences with the program. This will not only provide you with valuable first-hand information about the program, but it will give you a list of advisors who many be happy to help you along the way.

How much initial investment is required? - In many cases a proven business opportunity with a successful track record will involve some kind of initial investment. This could involve an initial amount of product inventory, a program subscription fee, or possibly a piece of equipment required to produce or finish the product. You should not assume that a business opportunity that is free to join is a better investment. Usually a free-to-join business opportunity will involve other costs such as marketing and advertising fees. Nobody gives away "opportunities" for free.

What you have to determine is whether a specific business opportunity has a successful track record, is managed by honest people, and offers you a realistic chance of actually making some money. These are the things you must weigh against the entry costs.

What is the realistic income potential of the business? - Have a careful look at the numbers and projections provided by the business opportunity. Then talk with actual members who are using the program to determine if they have been able to turn those numbers into reality.

Are there extra fees such as yearly or monthly subscription fees, shipping costs, or minimum purchase requirements? - Make sure to get a detailed list of all the fees involved in operating the new business. These things may not seem significant now, but they can easily eat into your profits later.

Who controls the money? - When you generate sales for the business opportunity what assurance do you have that you will get your share of the profits? This is the primary reason not to deal with "fly by night" outfits that have no track record. Again, the best way to get an accurate reading on this is to talk with people already using the program.

Does the business opportunity supply marketing materials and person-to-person mentoring? - One of the most difficult parts of starting a new business is "learning the ropes". It can be extremely helpful to have advisors who have first hand experience in making the program work. The same goes for marketing materials. You will have enough to do without having to create brochures, ads, and newsletters for your new business.

How much control of your new business will you have? - Be clear on who owns the business, and who controls the way it is developed and marketed. You may want to diversify your product offerings in order to avoid being at the mercy of "head office". Remember that you are trying to create a business that has long term value. This will involve considerable investment of time and energy on your part. You don't want your business to be completely dependent on the stability and integrity of a single supplier.

The ideal business opportunity is one that is offered by a stable company with a proven track record. The business opportunity should require low initial investment and have high profit potential both in the short term and in the long term. It should allow you to build a profitable business of your own that will be a source of income far into the future.

Related posts

0 like 0 dislike
1 Comment 272 views
0 like 0 dislike
0 comments 185 views
What to Look For in a New Franchise

Want to buy a franchise opportunity? Great idea! Here is a high-level overview on what to look for: Operating History - A ... of re-sales relative to the total number of franchises in existence.

by HairySeahorse
0 like 0 dislike
1 Comment 270 views
What to look for when working with a partner?

What to look for when working with a partner?

by GraveGrass
0 like 0 dislike
1 Comment 221 views
What to look for when Outsourcing projects offshore?

What to look for when Outsourcing projects offshore?

by Tomatoad
0 like 0 dislike
0 comments 230 views
7 Ways To Advertise Your Business For Free

. Free directories: directories are perfect for customers that are searching for a particular topic. What's great about them is ... for a recipe swapping group when you are advertising shaving cream.

image
by ShowDolphin
0 like 0 dislike
0 comments 176 views
Five Steps to Create a Budget for your Small Business

How I hate budgets! Every time an accountant told me to put together a budget for my company, my response was - When ... Have systems in place to increase revenue and decrease expenses as necessary.

by UncleRhino
0 like 0 dislike
1 Comment 318 views
How to find a Restaurant Equipment Supplier Crucial for New Restaurant Owners ?

How to find a Restaurant Equipment Supplier Crucial for New Restaurant Owners ?

by PlushSeal
0 like 0 dislike
1 Comment 214 views
How to Choose A Name For Your Company That Makes Sense ?

How to Choose A Name For Your Company That Makes Sense ?

by SilkPredator
0 like 0 dislike
0 comments 180 views
Business loan and how to acquire it

Business loan can cater to your each and every aspect of your business. The urgent requirement of funds for your business can be ... a business loan and expand your business, the way you want.

by Cybora
0 like 0 dislike
1 Comment 484 views
0 like 0 dislike
1 Comment 262 views
How to automate your business with autoresponders?

How to automate your business with autoresponders?

by PlushSeal
0 like 0 dislike
0 comments 228 views
How to go The Extra Mile to Business Success?

You cannot fail when you give more than 100 percent. In whatever endeavour you are doing, always give more than one ... most important task right now - keeping your existing customers satisfied.

by AmazingKitty
0 like 0 dislike
1 Comment 328 views
How to Formulatie Legitimate Internet Business Enterprises?

How to Formulatie Legitimate Internet Business Enterprises?

by Dingopher
0 like 0 dislike
1 Comment 223 views
How to create a Business Strategy?

How to create a Business Strategy?

by Celestiger
0 like 0 dislike
1 Comment 226 views
How to manage your business systems?

How to manage your business systems?

by HuggingDuck
0 like 0 dislike
1 Comment 220 views
How to prepare business expense reports?

How to prepare business expense reports?

by BouncyOracle
0 like 0 dislike
1 Comment 228 views
How to choose a reliable Business Broker?

How to choose a reliable Business Broker?

by HarmlessRose
0 like 0 dislike
1 Comment 244 views
0 like 0 dislike
1 Comment 455 views
0 like 0 dislike
1 Comment 223 views
How to write a business plan?

How to write a business plan?

by PlaySeal
0 like 0 dislike
1 Comment 489 views
0 like 0 dislike
1 Comment 639 views
0 like 0 dislike
1 Comment 229 views
0 like 0 dislike
1 Comment 218 views
How to Inform Employees When You Sell a Business?

How to Inform Employees When You Sell a Business?

by Octopixy
0 like 0 dislike
1 Comment 212 views
0 like 0 dislike
1 Comment 208 views
How to Build a Customer Focused Business?

How to Build a Customer Focused Business?

by Sumogre
0 like 0 dislike
1 Comment 220 views
How to Expand your Business by Leaps and Bounds?

How to Expand your Business by Leaps and Bounds?

by HuggingDuck
0 like 0 dislike
0 comments 574 views
Equipments necessary for starting a business in the production of labels

The labels cover a large range of products for which they are destined, and this determines the existence of several types of label ... must be chosen according to the target market that we refer to.

by FatKomodoDragon
0 like 0 dislike
0 comments 182 views
4 Instant Tips for Running a Successful Internet Business

Running an internet business is not a difficult task; but running a successful internet business can be a bit more difficult. There ... business, but to be successful you will have to be determined.

image
by AfternoonFay
0 like 0 dislike
0 comments 163 views
9 Marketing Credos for a Thriving Business

1. Differentiate or Die! You Must Stand Out From the Pack. Don't become another me too option for your prospects to choose ... for you. © 2005 Online Marketing Muscle -- All Rights Reserved.

image
by Octopixy
0 like 0 dislike
0 comments 170 views
Incorporation Is It Right For My Business?

For anyone starting up his or her own business, an understanding of business incorporation is must. While there are both ... informed decision about whether incorporation is right for your business.

by HairySeahorse
0 like 0 dislike
0 comments 581 views
Business Documenting - The must for all companies

Surprisingly many businesses fail to create such an essential item; the reality is that these types of businesses and ... Greater efficiency ultimately leads to the business becoming more profitable.

image
by BeautifulWolf
0 like 0 dislike
0 comments 295 views
Guidelines for Sending Business Christmas Cards

Whether you own a sole proprietorship or are the CEO of a Fortune 500 corporation, sending business Christmas cards can serve to boost your ... who have a sent a card to you and see it displayed.

by TwinNut
0 like 0 dislike
0 comments 285 views
Franchises For Sale - To Buy Or Not To Buy

Franchising is a business model where a franchisee gets the permission start a branch that uses the name and methods of the franchisor in ... not own the branch, you may have to exert more afterwards.

by GreedySmile
0 like 0 dislike
0 comments 164 views
Start Internet Business – Learn How Easy It Is

If you want to start an Internet business, the best place to start is of course the Internet. You can find everything you need to plan your ... ? It's not that hard there are well known ways to do it.

by HairySeahorse
0 like 0 dislike
1 Comment 213 views
How can corporate events help your business?

How can corporate events help your business?

by MysteryWasp
0 like 0 dislike
1 Comment 209 views
How Factoring Companies Can Help Your Business Succeed?

How Factoring Companies Can Help Your Business Succeed?

by Celestiger
0 like 0 dislike
1 Comment 228 views
How Can A Timesheet System Help Your Business?

How Can A Timesheet System Help Your Business?

by OpinionOwl
0 like 0 dislike
0 comments 392 views
8 Ways to Avoid Litigation When You Sell a Business

Based on recent litigation storm clouds, business owners planning exit strategies better batten down their legal hatches. As a ... to minimize your litigation risks and reap the benefits later.

image
by TwinNut
0 like 0 dislike
0 comments 418 views
7 Tips to Starting a Successful Small Business

Getting a small business off the ground is challenging to say the least. Here are some tips which will prepare the ground for ... this? Understand that in every problem there is potential for good.

image
by Mosquiche
0 like 0 dislike
0 comments 170 views
10 Effective Ways To Reduce Your Business Costs

1. Barter If you have a business you should be bartering goods and services with other businesses. You should try to trade for something before ... quality. Don't just be satisfied with a few. ----

image
by Sassassin
0 like 0 dislike
0 comments 165 views
Business Tools to Help You Run a Successful Business

When setting up a business, even the best prepared among us will struggle to do everything and remember everything. It is very unlikely ... to get the right tools will pay off time and time again.

by VirtualAssassin
0 like 0 dislike
0 comments 582 views
Ways to expand your business

Email marketing is an effective way of reaching out to your target audience. It is a cost effective and time effective tool of ... spam mails. The standard parameters are followed to avoid spam mails.

by Knighthawk
0 like 0 dislike
1 Comment 224 views
is it good idea to have 50/50 equity business partnership ?

is it good idea to have 50/50 equity business partnership ?

by BumblingBee
0 like 0 dislike
0 comments 244 views
Guide to business and data trends

If one factor is to be named on which today's business world stands it is undoubtedly the data management system of ... loss are worth being considered for long term gains of business houses

by Explorer
Connect with us:
...