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What About Business Opportunity Laws?

April 19, 2008 by Tom Lindstrom · Leave a Comment 

Many offers of guaranteed income or of “projected” income can be found online these days.When someone is scouring the internet for job announcements or possibly with the intent of starting a online home business.

The number of business opportunities that pop up is growing quite large. These offers are sometimes not in compliance with business opportunity law specifications.

How does one know if that advertisement offering easy income or a product that sells itself is in compliance with the local business opportunity law? A look into state law will provide the answers.

Not A Federal Issue:

Business opportunity laws are not made at the national level; currently, some states have a business opportunity law, and some states do not.Of the states that do have such a statute, the different forms that the law takes are variations on a theme.In general, a business opportunity law that exist is set up to protect people who buy into money- making opportunities whether these opportunities turn out to be real money-makers or if they are simply scams.

All business opportunities fall under the statute of a business opportunity law if there´s such a law in the state where one resides. It does not matter if you are a legitimate business or are scamming people into selling a product for you. All business opportunities fall under the realm of the business opportunity law, so anyone thinking of responding to a business opportunity should check the state laws before agreeing to anything.

What The Law Says:

Although the particularities of a state´s business opportunity law vary, the essential piece of the law is that it requires those making an offer of a business opportunity to release a disclosure statement to prospective business partners. In some states, this disclosure statement has to be reviewed by an official before it is allowed to be used as a disclosure statement for a business opportunity. In other states, the contents of the disclosure are discretionary; the business opportunity law simply states that the partner offering a business opportunity must have a disclosure statement to offer prospective partners.

In the disclosure statement, essential information should be found.For example, the number of business partners that the offering individual has held during the last three years, and a history of the offering person´s arbitration, litigation and financial history. All of these are considered information that the prospective business partner has the right to have.

Of course, anything disclosed in the disclosure statement must be true, so creating a disclosure statement that is full of lies does not make a business compliant with business opportunity law.

The law is designed to give those buying into a business opportunity a critical view of what it is that they´re buying into. One should have the chance of making an informed decision about such a business opportunity, instead of being victim to a bunch of slogans like “guaranteed to sell itself!” and the like. Business opportunity law requires the offering party to offer real numbers instead of slogans. Take a look at the disclosure statement and only then decide if a business opportunity is legitimate.

Source:
http://www2.gtlaw.com/pub/Alerts/2002/ullmanj_03.asp


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Convincing Your Family To Like Your Business Opportunity

April 18, 2008 by Tom Lindstrom · 1 Comment 

How to convince your family to like your business opportunity? Running a home business with children in the household can be very hard sometimes with all the distractions it causes, and there is also the risk involved that your home business can go belly up if you cannot not manage this.

On the other hand, it´s been done for thousands of years.While the modern concept of a home business or a home office may seem relatively new, people have been mixing trade and family life for a long time. Certainly the traditional family farm is a mix of home and business, as are any number of other trades and retail stores.Kids can learn a heck of a lot about life from having a business right there in front of them.Valuable lessons about trust, responsibility, work ethics, and human interaction are available on a daily basis.

Many kids get involved in the home business opportunity magazine.Over time, it may grow into less of a home-based business and more of a mid-sized family business. Or you may find your kids taking the entrepreneurial lessons they´ve learned from Mom or Dad and putting them to use through the proverbial lemonade stand, a lawn care business, or in this high-tech age, a teenage computer consultant business.

Whether running a home business is right for you and your family is a matter of personal choice and will be influenced by the kind of business and the nature of your personal values.

Running a home business opportunity magazine or and a household with children will require you to be a time-management expert.You´ll need to schedule your work time and stick to your schedule. The older the kids, the easier it will be, but kids and businesses have at least one thing in common: both are very demanding.

Many home business people work out of their home so that they can spend more time with their children. In that case, you´ve probably picked a home business conducive to stop-and-start activity.

Others, however, may consider using day care just as they might if they were employed full-time at a traditional job. Having even a few hours a day to yourself during which you can concentrate exclusively on your business opportunity magazine or arrange to sit down with an accountant can make a world of difference.

If your aren´t comfortable with formal day care, you may be able to form an alliance with a few other home businesses nearby to share baby-sitting chores. Perhaps three of your will agree that one person will look after all the kids one day a week which gives you each two days a week without the children to focus on your business. Running a home business is all about finding creative ways to make things work.


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eBay Business Opportunities

April 17, 2008 by Tom Lindstrom · 4 Comments 

eBay is definitely here to stay.eBay is a place where people can buy and sell just about anything.The protracted period of auctioning where people are allowed to bid on your particular item for a period of time heightens the drama of a website like eBay.

There are also plenty of eBay business opportunities to be had for the industrious enough person who is willing to put in the work.In the wave that was the Internet thrush of the 1990s, many people were lucky to make a life of money in record fashion.

While many of the business models were not all that new, there was a certain excitement which followed around the companies of the Internet and one of these companies was eBay.

Being able to have a successful business on eBay requires you to be able to drive traffic.If you were able to have more people come your way then you are much more likely to make more money and thereby be more successful in your endeavors. If you have more customers in your store and you are selling comparably priced items of the same type as your competitor who does not have that much traffic, then you are more likely to make more money.The same rules apply on the Internet.You need to be able to have an increase in traffic over your competitors in order to make more money.

For eBay business opportunities, it is the same thing.If you have five people bidding on one item you will probably get a lot less money than if you have 5,000. Just the sheer laws of averages are on the side of the person with higher traffic. So if you are interested in eBay business opportunities then one of the first things you should do is find out where you rank in the grand scheme of things and how you can get those numbers as high as possible. Once you are able to identify where you stand, where your traffic is coming from, and what they are viewing on your site you will be better able to evaluate the situation.

According to the website i-work-at- home- based- business-opportunity.com there are even more opportunities for you to make money on eBay through their affiliate program - “Build A Niche Store” or “BANS.” This is simply your ability to “build” a store which can be based on any of the more than 25,000 categories on eBay. Simply list the category of product on your own website and make sure that it is scheduled to be updated at the end of each auction. There is some very basic (not even very technical) wielding of php script and that is really all that you need to do.

Making the home based income experience is one of the greatest things about online and the Internet. Building A Niche Store and the other affiliate ideas for driving traffic to your website are just further pieces to the puzzle. While there are a number of other things which can be done to make money on eBay these are just a few of the numerous eBay business opportunities available right now!

Learn how you can make money selling on eBay.


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