Home Business: 9 Pointer for Evaluating a Business Proposal

9 Pointer for Evaluating a Business Proposal

Written by Ray Burton

Finding a business opportunity on repparttar

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least amount of work" approach. So what should you look for when evaluating an opportunity? Here are 9 pointers.

1. Is it legal? Do they have a product? Many programs on repparttar 117136 net are simply "money movers" with no real products. If this is repparttar 117137 case then it's probably illegal simple as that. If you are serious about developing an online reputation for quality and reliability, then don't even entertain repparttar 117138 idea of quick easy money. It will catch up with you! Do they know and follow repparttar 117139 law concerning matters such as CAN SPAM and other website legalities? There is no excuse for ignorance on repparttar 117140 net! Do your home work and check out: http://www.wilsonweb.com/wmt9/canspam_comply.htm http://www.ipcgold.com/ad/112/CD996 Do a search on repparttar 117141 names of repparttar 117142 owners and founders of repparttar 117143 products.

2. Does their product have value and advantage? Is repparttar 117144 product something that people want with repparttar 117145 potential for repeat sales giving value for money at a competitive price? Do your homework. Search repparttar 117146 net for equivalent products and do a price comparison. Does it offer a marketing advantage of some kind? What are repparttar 117147 selling benefits of repparttar 117148 product over their competitors? If they don't have a marketing advantage why would anyone buy their products?

3. Is it residual? The best opportunities are repparttar 117149 ones that have a growing industry and ideally repeat sales. Make sure if you are marketing a product that you get repparttar 117150 benefit of repparttar 117151 repeat sales. This is called residual income. If you are expected to find customers but only get repparttar 117152 benefit of repparttar 117153 first sale, this is unethical and unfair. It is a good idea to evaluate what % is paid back in commissions for repparttar 117154 cost of repparttar 117155 product or service. All good opportunities pay back an absolute minimum of 20%. Decide you are worth at least that much to them.

4. How long will it pay? The world is a fast changing place. The cyberworld is even faster! Ask yourself where will repparttar 117156 product be in 12 months, 2, and 5 years down repparttar 117157 track? This is particularly important for digital and information products. Ask yourself repparttar 117158 same about repparttar 117159 company. Are they around for a quick buck or do they have a plan to establish long term commerce? Will they develop or keep up with new technologies to maintain a competitive edge? If this information is not readily available on their website, ask them. If they are not planners then they will not survive

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