Questions to ask about any passive income opportunity.

Passive income could be the difference between just making a living and being able to have the financial freedom to make your dreams come true. But, would you recognize the opportunities when they present themselves.

A lot are busy looking for jobs and few for opportunities......there lies the secret of passive income.

I know you want to make sure any passive income business opportunity you are venturing into is legitimate before you invest your money into it. You want to make sure the company is solid.

HERE are Top 10 Passive Business Opportunity Questions to ask:

·         How stable and strong is the company? Do they have a stable financial status? THE COMPANY.

• What is the product? You need to know what you will be selling. Is it something that you can sell to a wide number of consumers? Is it a trend or a fad? THE PRODUCT.

 

• How long has the company been in business? Ideally, you will go with an MLM company that has been in business for more than 3 or 4 years. TIMING.

 

• How do people in the company make money (direct sales, down-line sales, subscription revenue)? You want to know how this works so you can see what the company emphasizes: SALES or NETWORK BUILDING. If they demand sales probably find another company.

 

• Does the company have any limitations or how you can market? Some companies have strict guidelines on how their distributors can market the product. They may limit it to offline means only. Others may require you to have only a limited online presence, or limited number of recruiting. MODULE.

 

• Can you do this business part-time? Any legitimate MLM will give you the tools and training to start the business as a sideline. As you work the business, you can grow it to become full time IF YOU CHOOSE. If they demand full time immediately find another company. YOU OWN YOUR BUSINESS.

 

·         What type of marketing system does the company offer? The company should have a system already in place. All you need is training on how to use their system. THE SYSTEM.

 

·         How fast can you start to make money? You should start to see revenue coming in soon after you start making sales or recruiting. Avoid companies that puts money on hold more than a few weeks. INCOME PLAN.

 

·         Do they have professional leaders? Those who are there to really help you succeed. Encourage and push you up. TEAM.

 

·         Do the administrators have an extensive experience in the field of network marketing? How professional are they? THE MANAGEMENT.

If you can answer these questions, you will get an idea whether a passive income business opportunity is a good choice for you or not.

 

You can drop your comment if you have any questions.