Are you actively looking for the perfect small business opportunity? If so, there are a number of factors you need to take into consideration before taking the plunge and becoming your own boss.
Below, weve compiled a list of some of the most critical elements when choosing the right small business opportunity for you:
Time Commitment
First, youll want to choose a small business opportunity that fits the time commitment you can spend on it. If you can only devote a few hours per week, youll want to stick with a small business opportunity that requires very little thought and upkeep. Something more complex wont just drive you crazy; itll also lead to failure and a bad experience.
On the other hand, if you are looking for a small business opportunity to take up 15 or more hours per week, you can invest in something a little bit bigger and that takes more of your energy.
Investment Amount
How much money are you willing to spend on a small business opportunity? You must know this fact upfront (and dont fudge on the numbers); otherwise, you could wind up taking on an enterprise that you cannot hope to profit from.
Before you...