Opportunities Business Opportunities

Seeking the right business opportunity.



A Google search for the term 'business opportunities' returned over 750 MILLION results - which one suits you?



Looking for a genuine business opportunity that will suit your skills, fit your budget and give a realistic chance of earning a living (let alone make you rich) is a mammoth task and one that you should be taken slowly and carefully.



Top Ten Tips.



1) Take professional advice

2) Pick an industry that is 'on the up'.

3) Ignore any opportunity that asks for money 'to tell you more'.

4) Pick a business that suits your skills or a subject that you love.

5) Research thoroughly BEFORE parting with any cash.

6) Question who is really going to make the money - you or the person selling you the 'opportunity'.

7) Don't borrow more than you can afford to lose.

8) If you are buying an existing business - ask an accountantto analyse the accounts - don't rely on your own intuition to save money (unlsess you are an accountant!).

9) Don't believe everything you are told - it may be true but is always worth double checking!

10) Anything that sounds 'too good to be true' will be!



Buy a business?



Buying an existing business is a good way to leapfrog much of the set up process. Although the cost of purchase may be higher than if you started from scratch, you do gain a trading concern from day one and should be able get a realistic idea of the potential turnover/profits from the audited accounts.



Top tip - if you like the idea of buying a business, Daltons Weekly and Exchange & Mart have a vast selection of opportunities advertised every week. Over 30,000 business are also offered for sale at: www.businessesforsale.com



Buy a franchise?



Franchising is the granting of a license by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade under the trade mark/trade name of the franchisor. The franchisor will receive an initial fee from the franchisee, payable at the outset, together with on-going management service fees - usually based on a percentage of annual turnover. In return, the franchisor has an obligation to support the franchise network, notably with training, product development, advertising, promotional activities and with a specialist range of management services. For more information see our Franchise section.



Business Opportunities Articles



Opportunities How to find the best home business opportunities
Since companies have started downsizing their workforce, more and more people are looking for ways to work and earn from home and start their own home based business.

Opportunities Business Opportunities
A Google search for the term 'business opportunities' returned over 750 MILLION results - which one suits you?

Special Thx : Seeking the right business opportunity.

Masjid Nabvi Madinah Munwarah.mp4

Tips good online business

Online trading can benefit both businesses and consumers. However, the online trading world can be a scary place for some consumers.

The Best Practice Model, a best practice guide for business, has set out practices for businesses to encourage consumer confidence in eCommerce (see the eCommerce website of the Department of the Treasury).

Using the principles in the Best Practice Model the following information is a general guide for businesses when developing an online presence.

The trader’s full contact details including a street address will give consumers more confidence. Some may even choose to make contact before making a purchase 'just to be sure'.
If trust marks or seals are used they should be easy to verify and relevant.
Secure online payments or the provision of an offline alternative are vital. Few consumers are prepared to trust their money to an unsecured site.
Terms and conditions should be clearly written and displayed, easily accessible and comply with all local and federal laws.
Warranty and refund policies are important to consumers. These should also be clearly written and displayed, easily accessible and comply with all local and federal laws.
Products/services should comply with all Australian standards such as product safety standards.
Advertising and any representations made about the product/service should be accurate with no hidden fine print. Consumers do not like surprises where their bank balance is concerned.
If prices are displayed, accuracy is the key. For instance consumers should be made aware of which currency is being used.
A reliable complaints handling procedure will also encourage consumer confidence in a business. No one wants things to go wrong but if a speedy, helpful service is in place the customer’s experience will ultimately be a positive one.
Special care should be taken when dealing with minors. Businesses should be aware they are dealing with a minor and when appropriate get consent from the child’s parent or guardian.
Online businesses may need to make adjustments in the provision of goods/services to ensure that they are accessible to people with a disability.

Good online business practices will encourage consumer confidence and this will generate more sales.
For more information

For more information on eCommerce and the Best Practice Model visit the eCommerce site of the Department of the Treasury and the National Office for the Information Economy (NOIE) now called the Australian Government Information Management Office (AGIMO).
Special Thx Tips online Business