7 Online Business Opportunity Ideas

Are you looking for online business opportunity ideas so that you can give up your 9 to 5 job and work from home?

In this article I will introduce you to 7 business opportunity ideas that may appeal to you. Any one of the following have the potential to make you wealthy enough to give up your regular job but you will have to work for it.

Whichever online business opportunity idea you choose, be prepared to give a lot of your time and commitment to it, just like you would with a traditional offline brick and mortar business.

Anyone can start an online home based business. It really doesn’t matter whether you have an experienced business background or not, or even where in the world you live, so long as you have the desire to be successful and make an honest living there are many business opportunity ideas available for your consideration.

Anyway, here’s the list of 7 business opportunity ideas that you may like the sound of:

• Affiliate marketing – marketing other people’s goods/services
• Internet marketing – basically learning internet marketing and using these new skills to market goods/services online
• Network marketing – owning your own business opportunity (very popular option)
• Online franchises are available
• Become a coach – online consultation
• Data entry jobs are also very popular
• Do you have any hobbies because you may be able to market yourself and profit from your hobby online?

Also, if you are a fan of social sites such as Facebook or Twitter, you could offer your social skills as an opportunity to help those who really don’t know how to use these platforms, like certain businesses trying to build their exposure.

If you chose the social marketing route, of course you wouldn’t need any special degree in ‘social media’. All you would be doing is applying what you already know how to use and perhaps manage a company’s Facebook or Twitter account for them. You can set yourself up as an Online Social Media Consultant or something and charge a fee for setting up and managing other people’s Facebook and Twitter accounts. (Yes you can actually do this!)

If you are new to the internet, then it would be very wise for you to join a business opportunity that offers you a decent amount of training to help get you started. There are always informative ebooks available from various websites such as Amazon or other independent sites, to support your new chosen online career path.

When a large majority of internet marketers first started out on their online journey, many of them had to learn the hard way. They made many mistakes, some of these mistakes were quite costly. However, you can learn from their mistakes and cut your learning process down dramatically by signing up to an online marketing course in your chosen field and propel your new business to more advanced levels.

Prepare yourself for business and be open to learning modern techniques and strategies that you can apply to your new business opportunity.

I hope this article has helped you on your online journey to finding the business opportunity idea that’s right for you.

Business Loan Strategies to Buy a Business Opportunity

When buying a business opportunity that does not include commercial property, borrowers should realize that business loan options will be significantly different when compared to a business purchase that can be acquired with a commercial property loan. This problematic situation occurs because of the normal absence of commercial real estate as collateral for the business financing when buying a business opportunity. In terms of arranging the business loan, efforts to buy a business opportunity are almost always described by commercial borrowers as excessively confusing and difficult.

The comments and suggestions in this report reflect business financing conditions that are frequently offered by substantial lenders willing to provide a business loan to buy a business opportunity throughout most of the United States. There are likely to be circumstances in which a seller will privately fund the acquisition of a business opportunity, and it is not our intent to address those business loan possibilities in this report.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Buying a Business Opportunity – Length of Business Financing to Anticipate

Business financing conditions to buy a business opportunity will frequently involve a reduced amortization period compared to commercial mortgage financing. A maximum term of ten years is typical, and the business loan is likely to require a commercial lease equal to the length of the loan.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Expected Interest Rate Costs for Buying a Business Opportunity

The likely range to buy a business opportunity is 11 to 12 percent in the present commercial loan interest rate circumstances. This is a reasonable level for business opportunity borrowing since it is not unusual for a commercial real estate loan to be in the 10-11 percent area. Because of the lack of commercial property for lender collateral in a small business opportunity transaction, the cost of a business loan to acquire a business is routinely higher than the cost of a commercial property loan.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Down Payment Expectations to Buy a Business Opportunity

A typical down payment for business financing to buy a business opportunity is 20 to 25 percent depending on the type of business and other relevant issues. Some financing from the seller will be viewed as helpful by a commercial lender, and seller financing might also decrease the business opportunity down payment requirement.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Refinancing Alternatives After Buying a Business Opportunity

A critical commercial loan term to expect when acquiring a business opportunity is that refinancing business opportunity financing will routinely be more problematic than the acquisition business loan. There are presently a few business financing programs being developed that are likely to improve future business refinancing alternatives. It is of critical importance to arrange the best terms when buying the business and not rely upon business opportunity refinancing possibilities until these new commercial financing options are finalized.

BUSINESS OPPORTUNITY BUSINESS LOAN STRATEGIES:

Buying a Business Opportunity – Lenders to Avoid

The selection of a commercial lender might be the most important phase of the business financing process for buying a business. An equally important task is avoiding lenders that are unable to finalize a commercial loan for buying a business.

By eliminating such problem lenders, business borrowers will also be in a better position to avoid many other business loan problems typically experienced when buying a business. The proactive approach to avoid problem lenders can have dual benefits because it will contribute to both the long-term financial condition of the business being acquired and the ultimate success of the commercial loan process.

Copyright 2005-2007 AEX Commercial Financing Group, LLC. All Rights Reserved.

A Unique International Business Opportunity

When a fledgling entrepreneur considers venturing into an
international business opportunity and decides to research
the available opportunities, perhaps using Google or one of
the popular search engines, very little information is to
be found. In fact the term “business opportunity” yields
approximately 250 thousand search results, “home business
opportunity” yields approximately seventy thousand search
results, “network marketing business opportunity” yields
slightly over one thousand results and “international
business opportunity” is just about equal to “network
marketing” in terms of search results.

It’s obvious that
there are hundreds of thousands of individuals interested
in a “business opportunity”; however, by far the majority
limit themselves to considering more conventional or
perhaps “vague” opportunities. This article will propose a
broader look at available opportunities and in fact will
consider a unique, if not compelling look at an
international business opportunity and more specifically a
generalized network marketing international business
opportunity.

Before delving into international business opportunity
specifics, let’s take a look at the cultural and
technological developments that have come about in the past
15 to 20 years that make it possible, and perhaps even
desirable, to consider a more global view when approaching
a new business opportunity. Tremendous strides in
communications technology brought about in a large measure
by the development and astronomical growth of the Internet
have made instantaneous communications with a prospect,
client or business associate not only simple but very
inexpensive. The advent of email, audio/video conferencing,
and VOIP (voice over internet protocol) phones have made it
as easy to contact the person next door, as the one down
the block, in the next state or on the next continent .

Indeed because of these strides in technology it is
possible to combine the “business opportunity”, the “home
business opportunity”, the “network marketing business
opportunity”, and an the “international business
opportunity” into one all encompassing global business that
is operated out of a home office with a computer and broad
band internet connection with little else needed. To be
entirely correct, there are already a small number of
leading edge companies that are operating in just this
manner with all of the tools in place to operate
nationally, internationally or globally.

While it is not the intent of this article to make specific
international business opportunity recommendations,
consider as an example a business using a model of
operation commonly referred to as a Funded Proposal or a
Generic Funded Sponsoring Franchise System. The Funded
Proposal, in a pure sense, consists of three parts: the
Funded Proposal, secondary sales, and a primary business
for long term wealth generation. Many businesses using this
model, market an information product such as an ebook,
course, or seminar that they sell to first qualify
prospects and to generate income to fund their future
advertising in building their business.

The secondary sales, sometimes referred to as back-end
sales, can be products, services, or tools that are an
integral and fundamental part of the operation of the
business as well as to further enhance the income generated
by the business. It’s possible that a break-even or
slightly profitable position can be achieved via the
secondary or back-end sales.

Obviously, the primary business is the most crucial part of
the international business opportunity and must be selected
with great care. There a number of factors that must be
considered carefully. These include: 1. The Company must
have unique products that serve multiple different market
categories and appeal to the masses. 2. The company must be
stable, must have been in business for a minimum of 15 to
20 years, and have the ability to generate long-term sales
and income. 3. It must have a system that is simple and
duplicatable for product marketing and delivery. 4. The
Company management must have been successful business
leaders and have a vision for future growth. 5. The Company
must be global. 6. It must payout at least 50% of sales,
offer unlimited depth within the compensation plan and must
offer meaningful Fast Start Bonuses. 7. They must give back
globally and have a vision of making an impact on the world
in a positive manner.

In conclusion, given the correct business model along with
a well thought though plan or vision for success, the
extraordinary tools that are available today and with
plenty of hard work, it is entirely possible to start a
successful business with a minimal investment. That is not
to say that there will not be obstacles and disappointments
along the way, but regardless of the choice, whether it be
restricted to one’s home town, whether it be a network
marketing business opportunity, a home business
opportunity, or an international business opportunity
there’s little doubt that one exists which will fit your
desires and expertise, but make sure that you do your
research and that your selection is based on a sound
business model and well thought out plan.

Find the Probability of Success for Any Online Home Based Business Opportunity

There are about three big opportunities per lifetime. Like baseball, if you miss all three, you are out. Do you remember the last online homebased business opportunity you missed? Did you miss Microsoft? Did you miss Yahoo? Did you miss Google?

Couda, shouda, wouda

Why did you miss out? Was it lack of knowledge? Was it indecision? If it was lack of knowledge, you can forgive yourself. You can not know what you do not know. There was nothing you could do about it. If it was indecision, there was something you could have done.

Oportunity is the fruit of Convergence. Peter Drucker defines opportunity this way:

“Opportunity in the market place is because of a process of convergence of forces that were previously not together.”

The idea of forces coming together, converging, is stronger than the business itself. The essential forces Peter Drucker did not individually identify as converging will be enumerated and discussed in this article.

There are five essential forces that must be present for any successful online homebased business opportunity. This article will describe these five essential forces that must be in place for any online homebased business opportunity to be successful. These five essential forces apply to any online homebased business opportunity. They are universal, abstract, and independent of business type. They apply from academia to zymology.

A simple analytical method to evaluate these essential elements and arrive at a numerical figure of merit will be presented. The method is strong, impersonal, and reliable. You will arrive at a numerical rating for the relative strength for the Probability of Success (S) for any online homebased business opportunity you care to evaluate. Reducing the evaluation to a number between zero and 100 gives you a powerful, impartial method to evaluate or compare any online homebased business opportunity. This will remove emotion from the decision process.

Convergence of these five essential ingredients is absolutely essential for success. All five forces must be present simultaneously. In other words, they must all converge at the same point in time for the same business venture. They must all be in the right place at the right time to create a successful online homebased business opportunity.

These forces are the essence of all businesses, regardless of product. They are like the spokes in a wagon wheel. If one spoke is missing, the wheel breaks down. Each factor dramatically affects the success of any online homebased business opportunity.

Without the convergence of these five forces there is no online homebased business opportunity. If there is no convergence, there is nothing you can do to make the business a success. No amount of hard work and no amount of money will yield success.

Opportunity presents itself only when all these forces are in simultaneous alignment. One force is not considered more important than the others. The order in which they are presented is no indication of their relative values. They will be discussed in random order.

This method is not buried in concrete. Feel free to make your own assessments of relative importance. When you finally establish a value, stick with it. Be consistent so comparisons can be made between one online homebased business opportunity and another. For example, if you decide leadership has a maximum value of 2 or 5, stick with it on any online homebased business opportunity you wish to evaluate.

It will be convenient if the sum of the maximum values allowed always equals 100. In this case, Leadership has been arbitrarily assigned a maximum value of 2. All you need to do is decide if the leadership of your proposed online homebased business opportunity deserves a zero, 1, or 2.

1. Company (C ) (Maximum = 20)

Company Management (Maximum = 10)

Leadership (2)

Confidence or trust (2)

Experience (2)

Honesty (2)

Influence (2)

Company Financial Stability (Maximum = 10)

Assets (2)

Cash (2)

Credit Rating (2)

Visibility (2)

Technology (2)

Many start-up online homebased business opportunities do not have the financial assets to sustain their own growth. A viable online homebased business opportunity must have very deep pockets or be owned by a company with very deep pockets, preferably a parent company that has already gone through the growth cycle and has the funds to support the new growth.

2. ProDucts (D) (Maximum = 20)

Leading Edge Product Technology (Maximum = 5)

R&D

Proprietary (No other place to get it)

Competitive

Product Quality (Maximum = 5)

Quality, like Reliability, must be built into the design and process. It cannot be “tested” or “worked” into the products.

Product Fills a Recognizable Need (Maximum = 5)

There should be a clear need for your product or service. If there is no need, there is no demand, and there is no opportunity. There may be very little demand for 78 rpm vinyl records.

Consumable (Maximum = 5)

If the product is not consumable, there is no additional market after the initial sales and there is no opportunity.

Trends (R) (Maximum = 20)

Demographic Trends (Maximum = 10)

As individuals, we can not create a demographic trend. We can only recognize it and take advantage of it. The “Baby Boomers” are the largest market in history. Starting immediately after WWII, 76 million babies were born during the period between1945 to 1964. When the first of these babies were born, a powerful demand for baby products materialized. Companies like Johnson & Johnson and Gerber’s made huge profits. As these babies started shaving, Gillette started making huge profits. As they learned to drive, the Ford Mustang was in demand. As these babies began to have babies, the Mini-Van became desirable. If your online homebased business opportunity is positioned in front of the Baby Boomers, assign Demographic Trends a maximum value.

Economic Trends (Maximum = 10)

Individuals do not create an economic trend. Individuals have no control over economic trends; however certain businesses are sensitive to economic trends. Real estate is sensitive to interest rates. In times of economic downtrends a low number would be assigned. Cosmetics, on the other hand, are virtually immune to economic downtrends and would be assigned a high number. People will give up eating to look good and feel good. If your online homebased business opportunity is immune to economic trends assign a high number.

Timing (T) (Maximum = 20)

You have no doubt heard the expression that in real estate the three most important factors are Location, Location, and Location. In an online homebased business opportunity, the mantra is Timing, Timing, and Timing.

If one force is more important than the others, perhaps timing is the most important element of success. Timing, like trends, is also beyond your control. Like trends, you can only recognize timing and take advantage of it. There is nothing you can do to improve timing. It is either there or it is not. If timing is present assign a high number based upon the following criteria.

A. Formulation Phase: (Maximum = 20)

This is the phase where research and development are just completed. Production and initial marketing efforts begin. This region is characterized by slow, deliberate growth. As an agricultural example, this is the time for planting. It is defined as the region of the growth curve where income from sales is less than $50 million per year.

This is the time to get into any business. It requires forethought and knowledge. It does not require speculation. It requires due diligence on your part to study the online homebased business opportunity and arrive at your estimate of the strength of the five essential force ingredients of a successful online business venture. If you identify that your online homebased business opportunity is in the formulation phase, assign timing a value of 20.

B. Critical Mass Point

he critical mass point is defined as sales of $50 million per year. This is the point which will determine ” When”. This is the point when your labors will begin to yield fruit at such a great rate you will be unable to contain them. From this point onward, the curve rises ever so steeply. This is the time to act quickly and decisively. If you are not on board at this time, your online homebased business opportunity will quickly leave you behind. If you identify that your online homebased business opportunity is at the critical point, assign timing a value of 20.

C. Momentum

Momentum is defined as sales greater than $50 million per year and increasing very rapidly. If you have exercised your desire, ability, and motivation, you have already become a participant before your online homebased business opportunity reaches momentum. You have exercised your choice and are now in position to enjoy the fruits of your labor. There is nothing you can do to stop the momentum which is now building beneath you. It is beyond your control. It is like a giant wave that carries you to the pinnacle of success. There may be some who grab onto an online homebased business opportunity as it speeds by them, but the exponential growth eventually decays exponentially as the wave crest rises higher and higher until the opportunity diminishes. For example, you could buy Microsoft stock now, but the big opportunity is already over and it will never come back again. If you find your online homebased business opportunity is just starting into momentum, assign timing a value closer to 20. If you find your online homebased business opportunity near the top of the curve, near stabilization (defined below), assign timing a number closer to one.

D. Stabilization

This is the area where the exponential growth has died out. Momentum has dissipated. Sales are good, but sales are not increasing exponentially. The business is mature, stable, and secure. The curve is relatively flat, and growth has slowed to a value similar to the development phase. The online homebased business opportunity has gone. It is passed. It is over. There is no online homebased business opportunity. If you find that your online homebased business opportunity is in stabilization, assign timing a value near zero and start looking for another online homebased business opportunity.

Compensation (K) (Maximum = 20)

Leverage (Maximum = 10)

If you trade time for money, you will never get ahead by investing one increment of your time for one increment of income. You will remain in the very treadmill you are trying to escape. You will get by, but you will never get ahead. If you want to get ahead, you must find a way to multiply your efforts. That is done by leveraging yourself. J. Paul Getty stated this clearly when he said:

“I had rather have one percent of a hundred people’s efforts than 100% of my own efforts”.

If you have no way to leverage yourself (e.g. fixed salary) assign leverage a number near zero. If you can leverage yourself, assign a number closer to 10.

Multiple ways to earn income (Maximum = 10)

Sales Profits (1)

When you can profit from your own sales efforts, assign a value of 1, otherwise zero.

Override (1)

If you receive override compensation on the efforts of others, assign a value of 1, otherwise zero.

Matching (5)

If you can receive matching compensation on the efforts of others, assign a full value of 5.

Residual (2)

If you can build your equity to the point that you have residual compensation from your previous efforts, assign a value of 2.

Perpetuity (1)

If your equity is yours to sell or will to your survivors, assign a value of 1, otherwise zero.

Define the Possibility for Success (P) as being totally dependent upon the sum of the five prime forces required for a successful business (above). Notice that it has nothing to do with you. The only thing you will do is evaluate each ingredient and assign it a strength value. This will depend upon the research you conduct to gain information about the five essentials for the particular online homebased business opportunity. Assign each one of the five ingredients a value from zero to 20 according to the instructions presented above. (Naturally, 20 is the ideal, strongest value.) You have determined all the values for C, D, R, T, and K.
Repeating, you have evaluated each force ingredient separately and arrived at your evaluation of its relative strength.

Add up all five of your separate evaluations.

P = C + D + R + T + K

For example, if all five ingredients are present in your online homebased business opportunity and each is individually evaluated as being 20, then:

P = 20 + 20 + 20 + 20 + 20

P = 100

Let us further define a Multiplier (M), as a figure of merit derived from your desire, motivation, and ability to succeed. Let M be limited to a number between zero and one with zero being the worst case and one being the best case. Note that this multiplier is entirely dependent upon you, not the online homebased business opportunity. Determine this multiplier number by self-evaluating your desire, ability, and motivation. Notice that the multiplier number does not depend on your time. Too many people say “I don’t have the time.” That means you are “too busy chopping wood to stop and sharpen the axe”. Successful people do not have time—they make time. Ideally, you want to rate yourself as a “1”, not a zero. But unto thine ownself be true.

Define Success (S) as:

S = M(P)

If you are a “one” and not a “zero”, and all five ingredients of your online homebased business opportunity are present at their full value, there is no gamble since:

S = 1(100)

S = 100

Having completed your “due diligence”, failure is no longer an option or possibility. The probability for success is 100 percent. Your success is assured. It is no longer a question of “If”. It is simply a question of “When”.

Get on board this online homebased business opportunity fast

Use this procedure one each online homebased business opportunity that you wish to evaluate and compare.