The internet has evolved from an information gateway to a money- making machine. Millionaires are created week after week made possible by the unlimited boundaries of the internet. Good Home Based Businesses and products are designed in a way that it sells internationally. That way it becomes recession proof and target market is not limited to location. A bigger percentage of individuals from young entrepreneurs to retired individuals coming from all sorts of classes would rather venture into an online- home based business rather than a brick and mortar business. Why so? RISK! Advantages of Home Based Business:1. Lesser Risk- A good Home Based Business takes much less startup cash than a freestanding business, or even a franchise location. I even came across a few out of many that even offer a 365 days money back if you dont make a profit. I guarantee you, you will never find this offer from any franchise business.2. Personal Freedom- Freedom from traffic, rush hour, office politics, clock in, clock out, deadlines, stress, recession and everything else that comes with the package of a monthly fixed paycheck. About 3.3 million Americans travel 50 miles or more one way to get to work – and they commute these distances 329 million times a year, according to National Household Travel Survey (NHTS) findings released Wednesday, May 12, 2004 by the Bureau of Transportation Statistics. I wonder what the numbers are for this year.
 
3. Quality Time- This is especially important for parents of school-age children: You can see your kids grow and help develop the right values and character for your kids. Most teenagers are influenced by peers and media because their role models are too busy with work. Basically your travel time plus your work time would be the time away from your family.4. Tax Advantages- Any business owner would agree that tax laws for business owners are way better than the way employees are taxed. We all know that even overtime is taxed, unless your not really paying attention to your payslip. When your run your business at home. You can deduct a part of your home’s operating and depreciation expenses on your home as business expenses such as mortgage, property taxes, insurance, utilities, and/or the expenses of household maintenance.5. Increased Productivity- Now that you have control over your own time, you can set aside time to increase your personal value through education. Read personal development books, attend millionaire workshops, hang out with sef made millionaires and learn from them. Your having fun socializing while adding value to yourself.Now that you know the advantages of starting an online business, you will want to know how to find a Home Based Business that fits you and what it takes to succeed. 

Are you someone that has had monumental dreams only to have them crushed because things didn’t turn out like you expected? Or to be more specific, have you had a friend, relative, or even a stranger pitch you on an opportunity and tells you it is the end all be all of business opportunities?If you haven’t, then consider yourself lucky. Because I have had it happen to me more times then I care to share. The reason I ask that is it really sets up having a home-based business in a negative light. Don’t get me wrong, there are a lot of scams out there. But you if know who you are dealing from the beginning then it can save you a lot of head aches later.See from my point of view people don’t get a true picture of all the benefits a home-based business has to offer. I know what it is like to have huge expectation because of all the hype. Only to find out later, that a opportunity wasn’t anything like I pictured. But what if I had been told the whole truth?People that hype things up for a buck have much bigger problems then making money, if you know what I mean. I really believe in painting a realistic picture for people, otherwise I don’t have anything to offer. Because if I am real, then I have to be able to back up all I say right?So to give you a more honest perspective of what it takes to have a successful home-based business looks more like this. There are people that have made millions in a month’s time, but it is not likely going to be you, at least for a while. People can push a button and make millions, but it takes time, knowledge and a whole lot of experience to do it.There are many factors to consider when looking at a home-based business. It is realistic to achieve a multiple six to seven figure income working from home if all the needed elements are there. The most important thing to consider when looking for the right home-base business is the person who is going to lead you. Otherwise you could end up in no man’s land.When choosing an opportunity there some very important factors to consider. Trust me on this, I have been around the block a time or two. Again the first thing is who will be leading you? The other things to look at are:o Does it have more then one way to generate money?
o Is there training that will teach everything needed?
o What kind of compensation plan does it have?
o How solid is the company?Obviously, these are just a few, but you get the direction I am headed. See another thing is who else knows about it and what do they think?I want to share some of the awesome benefits of having a home-based business:o Waking up and not punching someone else’s clock
o Spending more time with your loved ones
o Being taxed after you spend rather then being taxed before you spend
o Huge tax benefits on your utilities and many other things
o Building something for you, rather then for someone else
o And many, many, many, moreFriends times have changed and they way we generate an income has to change too. Learning how money works and how to get it to work for you is a priceless thing.Gigantic department stores are shutting down for two reasons. First one is obviously the economy, but the other reason is overlooked. It is because distribution of products are changing. More and more home-base business are coming in to the market place, because they can do the same thing as the big anchor stores at a fraction of the cost.I highly recommend you read Made in America, the story about Sam Walton. It is truly and amazing demonstration of huge shift in how retail changed. And it is about to change again.Do you want to be a part of the largest industry that has hit this planet since the dot com boom?

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.