5
Important Factors To Start A Small Business From Home :
Hi Friends Hope You Are Good , so in this short Article I'm going to Tell you how to start your own small business from home.
It's exactly what I've been doing for the last 7 years I'm going to share 5 important factors with you that I've actually utilized as a good starting point when determining you know what company what products and services would I market and so what I want to share with you of these five factors actually these five things are very prominent and very consistent with three very successful entrepreneurs Donald Trump , robert kiyosaki and also warren buffett and so what they've shared in their books is you know five things to consider before going to work for another company and marketing their company's products and services number
The First Factor To Start Small Business :
You have to make sure that the company solid and well-funded the last thing you want to do is go to work for a company just to find out later they were undercapitalized and they cannot afford to pay their own bills you know kind of a start-up if you would so you want to make sure that the company is at least five years old if possible the best scenario according to these three gentlemen is a ten year old company and preferably publicly traded it possible
The Second Factor To Start A Small Business :
You want to make sure that the company's properly position themselves in front of a major economic trend or some sort of vertical movement in the economy the last thing you want to do again is start marketing the product it's in a stagnant or actually in an industry that's in decline
The Third Factor To Start A Small Business :
You want to have a company it's offering a product or service with mass appeal this is something that everybody needs or something everybody's already using again you don't want a productwith a very limited demographic it's very difficult to be able to market to a limited demographic.
The Fourth Factor To Start A Small Business :
You want a lucrative compensation plan so you got to ask yourself is this company going to pay you which your time and your energy is worth and so you got to decide for yourself you know how much time you're going to put in and will they pay you the equivalent of what your time is worth
The Fifth Factor To Start A Small Business :
The opportunity affordable for everyone see because one of the keys to being successful and operating your own home-based business is to be able to duplicate yourself or replicate what you're doing and share with other people to be able to do the same thing
so you can expand your distribution network these five things have helped me become you know successfully independent financially for the last 7 years I've helped Some other people also make a good income from home a lot of people make five six hundred dollars a month you know many more make thousands of dollars a month some I've helped go on to replace your job income and all they do now is live on a passive residual income all from starting their home-based business now if you're just getting started and you're not sure what to do next now that you know I've given you some research to do .
so I hope this has been helpful again if you think this has been helpful if you don't mind just click on the link right below you and like our video and also if you'd like to share with other people on Facebook and Twitter that's awesome as well we appreciate your time and again click on one of the two links below see what I'm up to and that might be a fit for you I hope to see in the next Article.
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