Business Opportunities - Home Based Business Opportunities
Number of Customer Reviews for Home Based Business Opportunities: 1
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Home based business opportunities are good sources of earning or supplementing your income. However, not all opportunities offer you same benefits. Most of them are frauds and these opportunities are only for scammers to make money. You end up being a scapegoat and scammer uses you as a medium to earn money for himself. Normally, home based business opportunities attract persons who are unable to earn through other sources due to various reasons like sickness, disability, inability to work outside home, etc.
Before deciding on any home based business opportunity, you need to analyze its viability for you. You cannot join any opportunity because it is working wonders for your friends or relatives. Your suitability is of prime concern. Besides, check thoroughly into any of the opportunities before investing your time and money. Common home based opportunities, which are more of a fraud, are -
Assembling Units - Company provides tool kit to assemble products and then sell it to them. Company offers to pay high price per unit. However, company never accepts product as it is not to company standards. In reality, company makes money by selling starter kits and not by marketing your products.
Medical Billing - You need to start your medical billing service at home after paying lump sums for registration and software. The hitch is that medical clinics rarely outsource their billing and even if it is only to repute firms.
Typing At Home - You need to type out ads similar to those you replied and mail it to others. This makes you into a scammer. Similar schemes are dialing toll-free numbers for information on home based businesses. Information mostly is outdated and useless.
Multi-Level Marketing (MLM) - There are few legitimate multilevel marketing schemes like Amway, etc. However, main base for such schemes is pyramid schemes, which is against provisions of Federal Trade Commission. Therefore, you tend to lose all your money and face charges as a fraud.
There are many similar home based opportunities, which are nothing short of swindle like e-mail processing, envelope stuffing, looking for home workers, etc. Therefore, the best choice is to check with FTC or Better Business Bureau before embarking on any such opportunity.
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