How to Start a Home Business

The first thing you must do is define the criteria you have for a successful home based business. So many people start looking at opportunities before they get clear on what their criteria is for home business success.There are many businesses available which label themselves as a home based business when in fact they require you to be on the road doing presentations, demonstrations, and hotel meetings. In reality they are pretty much a second shift job.Some businesses require you to stock pile products at your home, while others require you to spend time ordering products, receiving those products, sorting the products, and then there is the arduous task of delivering the products to all your customers. Some even require you to deal with returns from the end customer as well. All this takes time and your income can only grow to the extent you can speed up your ordering, receiving, sorting, and delivering processes. Where is the leverage in this type of business? You must ask yourself, is that really what you want to spend your time doing?You must really understand what is required to be successful in the business (before you start the business) and compare that to your criteria which you have clearly documented. Only when there is a good match between what is required and your predetermined checklist should you continue with your due diligence.Also make sure you understand how you get paid. Some companies hold your money for a month or more while others pay you in vouchers and expect you to sell the vouchers to get your money. You are in business to make money, so make sure you understand how and when you get paid. Make sure there is significant leverage in your compensation plan, otherwise you are just trading time for money which is also known as a job. Also understand the company charge back policy. Some companies will take money back from you (charge back) even after a year or more.Another area to focus on, is it an easy to start home business. The ease with which you can start your business, have it up and running, and talking with customers is important. This will give you a good look at the tools and support the company will provide to you and is a good measuring stick for quality as well.