Archive for the ‘Business and Investing’ Category
The Perfect Businesses That Make it Easier and Less Risky
January 18th, 2010 | 
Author: 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 labor
It will have zero/low labor cost to maintain the business. Two examples of business with low labor: 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.
