Search
Recommended Products
Related Links


 

 

Informative Articles

Best Home Based Business for Cooks
You don't need to be a chef to find a career in cooking. A best home based business for cooks is a personal chef business. If you want to cook on a larger scale, another best home based business for cooks is catering. Using your love of cooking...

Moving To a New Home: How To Make It Hassle Free (Well Almost)
It can be a nerve-racking time when we are moving out of our home. We've been so comfortable and now it's time to pack up and go. There is so much detail keeping track of what we have to do to leave, and what we have to do to arrive at the new...

Pick the Right Home Business
There is a sure fire way to know if you have a good business idea. Its' called the "Three M Test". A successful home business has three components: management, market and motivation - the three M's. A business idea must have all three of...

The Benefits of Starting A Home-Based Business
The U.S economy continues to grow and corporations are enjoying large profits, but the majority of Americans still struggle with finances. This is one of the main reasons many people are looking into the benefits that a home-based business can...

Tips For Those Who Work at Home Part-Time
Work at home part-time and at another job full-time and find yourself in a time crunch a majority of the time? It can be tough balancing both jobs and trying to be successful at the same time. Knowing how to create time and manage it better in order...

 
Google
Guidelines for the Ideal Home Business

There is bad news and good news in starting a home business.

The bad news is 95 % of all new businesses fail within a short time.

The good news is the home business industry has reached $427 Billion
annually, and is growing at an amazing rate. And, 80% of all millionaires
today are self made.

So, there is a chance your home business will succeed but only after
you have given careful thought as to what that business will be.

Here are some of the attributes of an ideal home business that will improve
your chances of success.

The Ideal Home Business:

1- Sell to the Entire World
The ideal business must have an unlimited global market,not just local or regional exposure.

2- Is not cyclical
Your product/service does not rely on cycles to be in demand. The demand is constant, regardless of time, or price.

3- Product is Original
Your product must be unique. It cannot be easily substituted or copied.

4- Minimal Labor Requirements
A large portion of capital is not tied up in high labor costs.

5- Low Overhead
Total overhead cost must be minimal. No high priced rent, power, labor, shipping, etc.

6- Does Not Require a Large Cash Outlay
The ideal business does not tie up capital in all kinds of equipment.

7- Cash Only
The business


should be cash only. No money is tied up, or lost,in accounts receivable, and bad debts.

8- Free of Government Regulations
No business will ever be 100% free of all government regulations,but these should be kept minimal.

9- Portable
The ideal business should be easy to relocate, and can be operated
from anywhere in the world.

10- Intellectual Satisfaction
It must be a business that challenges your intellect in order to
provide self-satisfaction.

11- Free Time
The ideal business should allow you to have lots of free time for other interests that are important to you.

12- Unlimited Income
Your income is not limited to your direct output. In other words, you work less...but earn more.

13- Easy to Learn
The ideal home business should be one that is fairly easy for an
ordinary person to learn, no matter what their age, or level of education.

So far I have found only one business that fits the above criteria, and
that is trading the futures markets.


About the Author

Rob Hall is a successful futures trader, President & CEO of his own
investment firm, and international author. His books on learning to
trade futures markets are distributed through Sumas International
Sales Ltd. View them at
http://www.futuresopps.com/Comm.htm