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Further
Reading ...
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Bollinger Bands Strategies - Steven T Ng
The Bollinger Band theory is designed to depict the volatility of a stock. It is quite simple, being composed of a simple moving average, and its upper and lower "bands" that are 2 standard deviations away. Standard deviations are a statistical tool...
The Different Types of Web Conferences - John Simpson
Meetings, presentations and collaborations are all different types of web conferences in popular use today. Web conferences are flexible and answer different needs within the business and other communities. The power of a communication tool lies in...
How To Give Your Home A Face-Lift: The Sellers' Guide To A Quick Sell - W Troy Swezey
One of the great challenges to selling a home can be showing all of its space, decor and natural light potential. For example, every home has crowded closets and dead space. Sellers should be aware that areas such as these are easy to spruce-up...
Will You Make These Mistakes When You Buy Retail Point of Sale Software? - Jeff Haefner
If you're like most retailers, you're worried about making a mistake when you choose point of sale (POS) software. I don't blame you. Buying POS software is a big investment. Not to mention, POS software can have huge impact on the efficiency and...
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How To Evaluate A Business Opportunity
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Written By:
Gary E. Cain
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If you have never done any type of research to evaluate a product or a service BEFORE your purchase, then this Dollarsforever Ezine is definitely going to be an eye opener for you. Remember that the purpose behind this evaluation system is to assure yourself that you are getting the best value for your hard-earned money.
I will outline for you the 10 basic steps that will help you to determine the "goodness" of investing in a business opportunity. So...let's get started.
You should ask yourself:
1. Do I know someone with experience in this business?
2. Is this business growing now and will it grow in the future?
3. Will the company train me?
4. Are my "start up" costs small or large?
5. Is the company stable?
6. Is the company well-known?
7. How soon will my investment come back to me as profit? {This is your return on investment -- R.O.I.}
8. Is there an apparent need for the company's products or services?
9. Does the company have international locations?
10. Can I work the business at my own pace?
Your responses should be:
1. Yes
2. Growing & will grow
3. Provides training
4. Small
5. Stable
6. Well-known
7. 90-days is reasonable
8. Great need
9. Has - continued below ...
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international presence
10. I can work at my own pace
If the majority of the responses are like those given above, then you are probably looking at a "mover and shaker" business.
In other words, it is a business that is headed toward more growth and greater profit. If, however, most of the responses were the opposite from those given above, then it is a good idea to keep your investment dollars in your pocket and to look elsewhere.
Bottom line: Be sure that all of your business decisions are based on an objective and logical evaluation "system". In this way, the chance that you are making a decision based on "emotion" will be greatly reduced or eliminated.
I hope that this business evaluation system will help you make sound consumer decisions as well.
About the Author
Gary Cain is a business teacher and Internet marketer. He is the author of Stop the Grammar! as well as Internet Self Defense the only Internet book of its kind designed to help fight spam, fraud, information theft, and clone web sites.
Both of these books can be found at http://www.dollarsforever.com
Subscribe to Gary's straight forward, easy-to-understand Dollarsforever Ezine Tutorials for Home-Based Internet Businesses.
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