Friday, February 9, 2007

Avoiding Home Business and Residual Income Scams
Copyright © Jenny Eiriksson


http://www.make-a-living-online.com



There are so many opportunities to chose from and many of them are
broken promises or out right scams. Deciding which ones are
legitimate is hard and scams, unfortunately, are a real problem.
Residual income opportunities are too often a large source for these
scams, but lucky for those looking to start in self employment, not
every residual income or home business opportunity is fraudulent.
In fact, many are legitimate and actually provide a very decent
income. To make a good decision on where to start you must first
know the signs of a scam. Then once the scams are sifted through
a person can make a really great income.

The first and most important rule in avoiding scams is to never pay
for a job. Any opportunity that asks you to pay just to work is not
worth it. For every one of these opportunities there are numerous
real opportunities that are FREE. The only time spending money for
a job is appropriate is when the company gives you something in
return. For example, paying for sample products or, as many direct
sales jobs require, buying a start up kit. The problems begin when
a company wants a person to pay for nothing such as administrative
costs or processing which are best left unpaid. There are many more
options and spending money to sign up for an opportunity is just
not a good idea.

What follows is a list which gives an idea of some other things
to watch out for to help avoid scams. There should be consideration
given too all of them when thinking about any opportunity. By
considering them, you can avoid wasting time and money on
something that will never help build a home business and/or
residual income.

1. A good support network. Every business opportunity should
offer several different kinds of support through training, mentoring
and how-to's. The idea behind most residual income opportunities is
to have sponsor support. Building a strong team that works together
to form a sound business is key. If there is no support then success
will be elusive.

2. Good products or services that are in demand. The products and
services should be real and something that people want to purchase.
If nobody wants to buy what is on offer,then the chances of the
business surviving are slim.

3. Getting started is not difficult and overpriced. If the company
makes getting started too hard then problems will most likely arise.
A hard to start business could easily make a person give up before
reaching any level of success or it could lead to serious future
problems in keeping the business going.

4. Staying power. The company to get involved with should be built
to last. They should have a good reputation and solid business
practices. If there are any signs of weakness then the business
would not provide a dependable way to build an income.

If all of the above are given serious consideration before committing
to start a home business or residual income opportunity, then the
chances of finding success and staying power are far greater. If
there is anything about a company that makes you pause and
question, it's in your best interest to move on to the next
opportunity. As stated before,there are numerous fantastic
opportunities out there to bring the kind of success many dream
about.

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