Any business will also require some financial investment. Look for a business opportunity where your investment/return ratio is highest. When do you expect to become profitable - how long before you are making deposits in your bank account? Of course, without risk there is no return. Risk assessment is part of any business venture. Projecting future cash flows and money needs is difficult, but you must incorporate such projections into your business overview.

Bottom line

Many successful home-based businesses are thriving enterprises, (here comes the BUT) but, those that have failed far outnumber those that succeed. It is, however, fair to say that many who closed their operations could still be in business if they had asked more questions and listened to realistic answers before entering the venture. I can't stress enough the importance of choosing a business that provides you with the knowledge, training and support you need so that you can succeed. You can't foresee everything, and certainly problems will arise. When problems do arise, seek answers before the problems severely affect business performance or your own discouragement. If you are willing to work hard and seek answers, if there is a market for your product/service and if you have a sense of humor, you will succeed! "Play each game as if it were your last!" is the slogan that hangs above the entrance to the dug-out at Yankee Stadium. A duplicate hangs above my home-based office door.

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