Internet Business Opportunities: Avoid Scam Artists
When Purchasing Internet Business Opportunities
Many Internet business opportunities promise that you'll be able to make a substantial income from the comfort of your home with no prior experience. However, it's important to realize that not all of the Internet business opportunities you see advertised are legitimate. It is possible to make full-time income from an Internet business, but it takes patience, hard work, and the ability to recognize which entrepreneurs are merely scam artists in disguise.
One example of a commonly offered Internet business opportunity is selling personalized books or certificates. While this may seem like an easy product to create and sell, it takes a substantial time commitment and a fair amount of marketing skill to actually turn a profit. A good rule of thumb for any business opportunity is to beware of companies that claim you can make a huge profit with "no experience necessary." There are very few businesses you can run successfully without any experience or company-provided training.
Do your own research before investing any money in a company selling Internet business opportunities. Talk to your potential customers and find out how much they would be willing to pay for your product or service. Talk to people who have purchased the business opportunity you're considering about their experiences.
Many Internet business opportunities are the modern equivalent of selling Avon or Tupperware. If you make a commission off each sale, make sure it will be enough to cover your operating costs. Some of the expenses you may have include marketing, inventory, employees, and equipment. It's very difficult to pay these operating expenses if you'll only be making a 15 to 20 percent profit.
While investigating Internet business opportunities, it's a good idea to check the company's general reputation. The Federal Trade Commission and Better Business Bureau can help you determine if any complaints have been filed against the company you're considering. You can also try calling the District Attorney's office in the city the company is located in to see what information they have about the company.