Top -2 Homebased Business Opportunities Compared

Believe it or not, there are still people who believe that home-based businesses do not work, while others are raking in hundreds of thousands to millions from home. From typing, data entry, online surveys, network marketing, affiliate marketing, and web-help services to more professional opportunities such as IT consulting, Home-based Recruiting, Business Coaching and Consulting. The statistics show that home-based businesses, which today is a hundred billion dollar industry, continues to flourish, allowing individuals like yourself to replace their current jobs with opportunities that pay higher incomes, or even just serve as an extra income source to back-up current jobs. In this article, we will visit the top-2 proven home-based opportunities.

Professional Home-based Business Opportunities:
These are business opportunities that are nationally recognized, people acquire skills here that they can put on their resumes; are part of a professional body or accompanied by certifications; well-documented; and associated with a predictable income.

Leading this category today is home-based employment recruiting. Employment recruiters find candidates for open job positions and work in specialized niches such as with pharmacists, Nurse, IT, Accounting and Finance, Human resources, Executive and Management, Hotel Management and other professionals.

If a candidate is hired by the employer, the recruiter gets paid. The recruiter's fee is approximately 15 - 25% of the annual income of the candidate that was placed. According to statistics, recruiters average $250,000 - $500,000 a year. Given that one placement averages $20,000 you can see why sub-optimal recruiters could still make a great income in this industry.

Three steps anyone interested in joining this industry should take are:

(1) Solid self evaluation:
Whereas the entry barriers to recruiting are low, there are certain characteristics people who are successful in this industry possess in common. These include, the ability to learn and adapt to new strategies as they present themselves; self motivated; money motivated; ability to stay on track; creativity; organized; persistence, staying power and ability to work well with people at all organizational levels. Of course, you do not have to come in with all these characteristics, but be prepared to develop them as you move along.

(2) Recruiter Training:
You need to look for complete recruiter training which does not just introduce you to the world of recruiting but addresses every step you must take to be able to compete with current recruiters.

(3) Acquire Necessary Documents:
Once you know what to do, you can start recruiting today if you have the necessary documents. On the top of your list of what documents you should obtain are; the Contingency Recruiting Agreement; Temp-to-perm Agreement; Retained Recruiting Agreement; Fee-sharing Agreement; Temporary Recruiting Agreement. Also obtain specialized worksheets to help keep you on track.

ONLINE HOME-BASED SALES OPPORTUNITIES:
This involves most of the internet activity going on today. Business conglomerates as much as independent entrepreneurs, teenagers, stay home moms or dads, people that have lost their jobs and college students are all involved in this.

There are multiple ways to make money online through sales. The most popular being affiliate marketing, drop shipping or brokering, and own product marketing.

Affiliate marketing:
This involves selling other peoples products (typically through an intermediary like Commission junction or Clickbank) for high commissions. The affiliate marketer's only function is to drive traffic to the web-page where the product they are selling is listed. When a consumer makes a purchase, the affiliate marketer gets paid a commission.

Drop shipping:
Wonder why so many people sell on eBay? The answer is convenience and profitability. Most eBay sellers use drop-shipping companies so they do not even have to see the products they sell. They list the products on ebay.com and people bid on them. Once the purchase is complete, they order the products and direct the delivery to the eBay purchaser. Their profit is the difference between the selling price, and the discounted cost price which the drop shipping company offers them.

Product marketing:
This is huge. If you have your own product you could make a kill on the internet using current internet marketing strategies, as well as affiliate marketers to drive traffic to your product.

To learn more about valid home-based business opportunities, visit our website.

Article Source: http://www.rightbiz.com

Christine Udeani is Author of The Recruiter's Edge and Power Recruiting Strategies www.prorecruitertraining.com

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