How To Make Money Online How_To_Make_Money_Online | Page 29
10. How to Evaluate Home Based Business Opportunities
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Wit h t he economy in flux, and whispers of recession t urning int o frank discussions of how
long t he downt urn is expect ed t o last , it 's no wonder t hat more people t han ever before
are t aking a second look at home based businesses. For some, t he abilit y t o make
money online is a way t o make ends meet as t he cost s of everyt hing from fuel t o food
spiral upward. For ot hers, being able t o work from home is t he best of bot h worlds: t hey
can earn a decent income while being able t o greet t he kids when t hey get home from
school. Virt ually everyone appreciat es a home based business' flexible hours and lack of
a commut e, as well as t he rewarding feeling t hat comes from creat ing your own financial
securit y.
As appealing as a home based business is, it 's oft en difficult t o evaluat e programs.
Aft er all, t here are hundreds - if not t housands - of opport unit ies available. Here are five
t ips t o help you separat e t he best from t he rest .
1. Find reput able online reviews. There are websit es t hat specialize in guiding would-be
home based business owners t oward legit imat e opport unit ies. The best sit es offer
valuable informat ion so t hat you can make money at home, as well as essent ial websit e
market ing t ools.
2. Free vs. paid. There are bot h paid and free home based business opport unit ies. If you
have money t o invest in your business, paid opport unit ies can oft en reap great er
financial rewards. That 's not t o say, however, t hat you can't make money at home from a
free home based business. You simply need t o underst and t he pot ent ial risks and
rewards associat ed wit h each t ype.
3. Passive vs. act ive. When evaluat ing opport unit ies, it 's import ant t o know how much
t ime you have t o devot e t o your business. Some require act ively selling product s or
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