What To Look When Investing In A Business?

By: nikezz
Businesses are everywhere. But what are the perfect businesses that make it easier and less risky?

* Sells to the world

Perfect businesses have products/ services that everyone/ anyone needs it.

* Consumable products

Usually a perfect business has consumable products. This means that it you can sell it over and over again to customers.

* Inelastic demand

* Low labour

It will have zero/low labour cost to maintain the business. Two examples of business with low labour: Internet marketing and network marketing

* Low set up & operating cost

This is what business people always like. A business with small investment with big return. The two most powerful system that has low operating cost and high return is MLM and internet marketing.

* Product that are hard to follow or copy

A perfect business must have patented or copyrights.

* Cash business

A perfect business does not sell their products in credit terms. You can either pay by check, credit cards or cash during the transaction.

* Free of government interferences

It is logical that a perfect business must be LEGAL and have license to avoid any interference from governments.

* Portable business

You can do your business anywhere and anytime you like with laptop/computers. Most of the business often opening stores in a specific area. This makes it harder to operate.

* Forever fascinating

The product must be able to "impress" everyone for a long period of time. If a product you sell is not able to attract people for 10 years or more, it is not a perfect business.

Most of the home based business is a perfect business because it's cost-effective, portable business etc. The great home based business will usually fulfill all of the criteria above.

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