Matchmaker, Matchmaker, Make Me a Match! - How to chose the 'right' business for YOU

Written by Daegan Smith


Continued from page 1

  • How well can I manage this business, given my interest and capabilities?
    • Do I haverepparttar required knowledge on this service or product?
    • Do I have significant experience in this field?
    • What are my managerial and marketing skills for this business?
    • Do I have any additional professional qualification that will help me run this business more efficiently?

  • Financial viability ofrepparttar 116391 project
    • What isrepparttar 116392 revenue stream? Where from and how willrepparttar 116393 money come in?

      I. This is one ofrepparttar 116394 most important aspects you should look at when considering a new venture. Unless you see a clear revenue inflow torepparttar 116395 business, discardrepparttar 116396 idea.

    • What will berepparttar 116397 total cost of putting this project on its feet and how will I fund my start-up?

      I. Evaluaterepparttar 116398 options you have. You could either be financingrepparttar 116399 project from your own savings or through a bank loan. You have to be very clear on how you will manage your personal finances, if a large chunk of your savings gets engaged inrepparttar 116400 business for a certain period of time. If you will be opting for a bank loan, remember that it has to be re-paid in a certain time period. Would your business start giving enough returns by then?

  • How much time can I dedicate to this project?
    • Each business has an approximate "gestation period". That isrepparttar 116401 amount of time it takes to break even. Some businesses may need upto one year to mature and start giving returns. Do you haverepparttar 116402 patience to wait and not get disheartened?

  • Do I ownrepparttar 116403 space required to run this business?
    • Whatever business you start from home, you will need physical space to set up an office, stock your product, need space for documents, other paraphernalia. Do you have that kind of space at home that you can dedicate to your project? If not, then it means you will have to rent space, which is not only an additional cost but also takes your business fromrepparttar 116404 realm of home businesses and intorepparttar 116405 SME segment.
  • What equipment do I own which will be needed to run this business efficiently?
    • You will need to furnish your office with a computer, a workstation, fax and phone lines, a modem and an Internet connection. Sincerepparttar 116406 Internet isrepparttar 116407 backbone of most home businesses, it would be helpful if you were already connected to it. Make a laundry list of allrepparttar 116408 equipment and gadgetry you possess and see what can be used in your business. It would help you later in bringing downrepparttar 116409 cost of buying new office equipment. Also see: http://www.powerhomebiz.com/vol13/evaluateideas.htm

    Most home business owners start out with a positive attitude andrepparttar 116410 will to kick up some dust with hard work. That is good, but not sufficient to guarantee success. Success depends on carefully choosing a business idea, meticulous planning and some reality checks.

    Perfect Home Based Business Opportunities - The Net’s Top Growing Source for Home Business Information.Attention:Free Web Site Content


    • The Market or The Product?

    Written by Joseph Sgro


    Continued from page 1

    In this strategy you are interested inrepparttar wants, desires and goals of your market. Once you haverepparttar 116390 market and know what they want you can use this asrepparttar 116391 distribution line for satsifying those wants with many products and services.

    To get your list built faster and better with less wasted time:

    How to mail to your list and how to really profit. Clickrepparttar 116392 link to:

    "Discover How To Build Your Own List for Future Profits"

    http://tinyurl.com/4f3d9

    Regards, Joseph Sgro "Earn A Living Here" http://www.tutorhelp.com.au/EarnaLivingHere.html

    P.S.Be sure and print offrepparttar 116393 30 point email checklist inside this special report and keep it right by your mouse - it's worth pure gold to you. Don't send another email without going through each point of this

    "Checklist"

    http://tinyurl.com/3wsxc

    P.P.S."Email Profit Code Revealed"

    http://tinyurl.com/3wsxc

    ================================================== Copyright(C) Joseph Sgro 2005 Further this discussion by readingrepparttar 116394 RSS feed.

    Subscribe at: http://www.tutorhelp.com.au/EarnaLivingHere.html ==================================================

    Joseph Sgro has a special business list for people interested in varying their income sources.

    His view is you can never have too many sources of income and you can never stop learning. For offers, information and profitable ideas join by going here:

    http://www.tutorhelp.com.au/EarnaLivingHere.html


        <Back to Page 1
     
    ImproveHomeLife.com © 2005
    Terms of Use