In this short article, I’ll discuss the top four of home business opportunities available today. As you’ll see, there are a lot of legitimate businesses you can start from home. There are many home businesses that require very little in terms of upfront investment some are even free. I hope that this article will give you some ideas for what is the best option for you. Hopefully, I’ve given you some direction in finding the best home business for you.
1. Internet Marketing
As an Internet marketer myself, I highly recommend internet marketing as one of the best home business opportunities available today. All you need to get started is an internet connection and a computer. After that it’s a matter of investigating the multitude of home based businesses you can start. Some of the best internet businesses you can start include selling information products, affiliate marketing, selling goods on eBay, and establishing your own ecommerce store. Depending on the kind of online marketing business you start you can make a lot of money in relatively short period of time!
2. Multi-Level Marketing (MLM) or Network Marketing
Despite some bad reputation in certain circles, multi-level marketing (MLM) or network marketing businesses are legitimate home business opportunities. Basically, they involve you into recruiting people “under” you (or in your “downline”) to sell the company’s products or services to, or buying the rights to distribute a company’s products or services to customers.
You earn money through the commissions earned when you sell products or services, and through obtaining a percentage of the sales revenue earned by anyone in your downline. The power of multi-level marketing is the fact that you can have a very large downline. Not only that you earn a commission on your direct recruits sales, but you also earn a percentage on the sales of people your recruits have recruited. Most network marketing or multi-level marketing companies are structured so that they are several levels deep.
3. Home Based Franchise
One of the very best home based businesses is a franchise. More and more companies are offering franchises as home business opportunities. Many of these franchises are service based, where the services are marketed or performed online. One of the major advantages of buying a franchise is that you’ll get training and a proven system to follow. Many home based franchises are much less expensive than what you might think.
4. Business Opportunities
Business opportunities or “bizops” are similar to multi-level marketing systems and franchises. They also offer a formula for running a business. However, they can vary from rather expensive licenses to selling high-ticket items to “business-in-a-box” systems, where you buy the tools and materials required to set up a certain kind of business or service. Unlike franchise businesses and multi-level marketing, business opportunities are generally less regulated. There is higher probability of them promising more than what they deliver. Therefore, it’s a very good idea to maintain a healthy level of skepticism when evaluating any home business opportunity.