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The following article was published in our article directory on August 1, 2013.
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Best Home Base Businesses - Key Criteria and Review

Article Category: Business

Author Name: Andrew Hines

Looking for the best home based businesses? It's important to establish a clear criteria before getting started. Read through this post and you'll have a better understanding of what you'll need to consider before making any decision.

Please be advised that these are my opinions and are simply intended to help.


Best Home Based Businesses – The Criteria

1) The Best Home Based Businesses Do Not Have A Physical Product


What are you passionate about? If you said things like spending time with family, leisure, travel and vacations, you'll likely want to stick to something where you are NOT the person making a product.

Of Course this is my opinion, but think about it... if you've never run a business before you'll spend some time learning how to market your business. Do you really want to be focused on producing a product as well?

If you're really passionate about something, have lots of time, and lots of money to invest on trial and error.. A physical product might still be the right fit for you.

2) The Best Home Based Businesses are NOT service oriented


We can earn, spend, win and lose money. But we can only spend time. If you sell a service, you're selling your time.

Granted there are ways to delegate services to other people so that they can perform these services but realistically you're better off creating a product that can be sold digitally.. or selling someone else's product!


Selling someone elses product is known as "affiliate marketing". Let's take a moment to review...

Best Home Based Businesses – A Look at Affiliate Marketing


Affiliate marketing is an opportunity for you to simply drive traffic to a website and get paid when someone buys. There are multiple ways this can be done... eg. setting up a website or blog, placing banner ads or just putting up a compelling YouTube video with a link to your affiliate coded sales page in the description.

Some of the strategies can get complex but the beautiful thing is there is a very simple way to do this which involves producing blog content that is specifically targeted at a niche.

Pros

- relatively low cost to start (Many affiliate accounts have zero cost to set up)
- massive scalability over time (no capacity limitations like in service businesses)
- Some Internet Marketers Get to 30,000 a month within 90 days (although some make none due to a lack of consistency)



Cons

- There is a bit of a learning curve
- It will take a commitment and time dedication of at least a couple hours a day to be successful. However, I personally feel this is far less of a requirement than comparable opportunities and the upside possibilities are exceptional.



Best Home Based Businesses – Final Thoughts



The best home based businesses are keys to living a life of freedom but at the beginning of your research is important to take into consideration the long-term quality of life you can expect.

I personally chose internet marketing with the Empower Network because an hour or two of work a day can lead to hundreds of thousands of dollars a month in the long term with the application of consistent effort.

If you're interested in learning more about the best home based businesses please visit http://www.empowernetwork.com/andrewhines/blog/best-home-based-businesses-a-review/

Keywords: best home base businesses, home business, online business, work from home, home based business, home based businesses

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