As you can observe from only the limited list of questions above

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By: himachal002

New Method for Rating Home Biz Opportunities Type "home biz opportunity" into Google's internet search engine and you will get about 10 Million entries. Also, there were 409,212 searches using the search phrase "home-based business." This new method of rating "home biz opportunities" is dependant on 11 objective major criteria and 7 minor criteria. There are no web sites that only rate home biz opps, just those that review some opps only to show you their specific opportunity.

Each major attribute can earn 7 points, and each of the 7 minor attributes can earn 3 points each. Ratings will be: Excellent, Good, Average, Poor, and Scam. Excellent needs a score of 90 or above, Good needs a score of 70 or above, Average requires a score of fifty or above, Poor needs a score of 30 or above, and Scams get no score at all. The score totals mentioned previously are for all 11 major attributes and also the 7 minor attributes. The perfect home-based business opportunity would score a 98 with such criteria. However, there aren't any perfect home based business opportunities, regardless of what the promotion brochures say for a specific opportunity.

Some of the numerous questions or considerations involved with rating a home business are-

How big is that this market?
What is the industry trend?
Is the industry expanding?
What is the nature from the product or service?
Is the product consumable?
How is the product sent to the customer?
Is there an established business system?
Is there a great support system?
Is the organization highly regarded?
Will you be in front of or behind the trends?
Are you earlier or later within the product and industry cycle?
Do these products provide value for the cost towards the consumer?
Does the company have any exclusivity or patents?
Regarding the competition, who're you marketing against?
Are there good profit margins?
What may be the payment or commission scheme?
What are the sales methods involved?
Is the organization "On the Net" and therefore are they E-Commerce enabled?
What level of administration is required?
Is training available from your up line?
How great may be the potential to earn money in this business?
Do you know someone with experience of e-commerce?
Do you have to do all the work or can you earn overrides?
What is the gut feeling?
Will the company teach you?
How soon will my investment come back to me as profit?
Can I work this business at my own pace?
How long has got the company been around?

As you can observe from only the limited list of questions above, there are a lot of things to think about before you decide to invest your time and/or money in any home business opportunity.

THE NEW OBJECTIVE APPROACH

This system used to rate home biz opps is dependant on 11 primary considerations and 7 minor considerations. They are-

Primary
1. Product or service
2. Product price and market competition
3. Company
4. Proven business system
5. Available support system
6. Available training and resources
7. Compensation system
8. Profitability
9. Costs involved - both startup and recurring costs
10.Will I have full control over my business
11.Can one work e-commerce at my own pace

Minor
1. How's the product delivered to the customer
2. Will the product/service come with an automated delivery capability
3. May be the company "On the Net" and E-Commerce enabled
4. Are you supplied with business tools to create your live easier
5. What level of administration is required
6. Consider whether you will be ahead of or behind the trends
7. How great may be the potential to make money within this business

Using these objective factors will save those searching for home biz opps a lot of time and lots of dollars that will well be wasted.