Why Start A Home Based Business?

Nov 16th, 2009 | By Bruce Seah | Category: Home based Business

In any business here are the basic questions you should ask yourself:

1. Can I afford the start-up cost of the business?

In a home based business, the start up cost is very low compared to a conventional business, it usually cost less than $500 compared to a conventional business that may cost over $100,000

2. Is it a proven and tested business model?

The popular home based business known as multi-level marketing or network marketing has been proven and tested for over 50 years and has made a positive difference to millions of lives by giving them lifetime residual income and a better lifestyle.

3. Can I afford the monthly operating cost?

Most home based businesses monthly operating cost is less than $200 compared to the high monthly operating cost of conventional businesses thay usually cost $10,000 or more.

4. Is it simple, duplicatable and profitable?

A home based business is simple and that is why it is duplicatable and very profitable because the monthly operating cost is very low.

5. Can I manage the hours that is required by the business?

A home based business is not as demanding as a conventional business because the monthly operational cost is very low and it does not require long fixed hours, you work as and when you like and it is very attractive to those who are looking for flexible hours and more time for themselves and their families.

6. Am I able to bear the break-even time frame?

Most conventional businesses require break-even time of 2 to 3 years, which means you have not made a cent, you are just recovering your capital. In a home based business you can break even in your first month because the start up cost is very low, less than $500.

7. Will there be people to support me in the business?

In a home based business you will have the company management team and leaders supporting you, you just concentrate on the marketing, other factors such as administration, accounts, legal matters, warehousing and customer relations and technical support is taken care of by the company you are associated with.

8. Is it easy to expand the business globally?

Yes, the home based business model has been proven and tested for over 50 years and quite a few companies have expanded to over fifity countries and it is very exciting when you can expand your business to many countries with a very low monthly operating cost!

9. Is the ROI good enough for me?

The ROI is very high, imagine investing in a home based business with $500 and in the next few months earning $1,000 or more a month! There are leaders in this industry who earns over $10,000 a month in their second year!

10. Would I enjoy doing this business?

The home based business which is largely made up of the network marketing industry is basically a people business and that is why Robert Kiyosaki wrote a book on it and gave it this title: The Business School For People Who Like Helping People. I highly recommend this book to everyone who has an interest in starting their home-based business. I have also written three books on network marketing and they are: Break Free! – there is a better way to earn a living, Why Network Marketing? and How To Be Successful In Network Marketing. I have also written a simple ebook to educate the public on how to start their home-based  business.

http://www.bruceseah.com/Gift/whynotdobusiness.pdf

Leave Comment