Does the business have a lucrative compensation plan?
Of course, “lucrative” means different things to different people but the bottom line is that if you are going to be marketing a product for commission, you want to be earning a high commission bonus upfront as well as a residual income on the backend. Most compensation plans either have high upfront income and low residuals, or the other way round, with low upfront income and high residuals. You need to find a company with an equal balance of the two. Why is this so important when searching for a home-based business? When you start out in a new business, unless you have a great deal of capital behind you to “tide you over”, you will need to make high upfront commissions because otherwise you will find it impossible to build momentum. Most people starting a home-based business do so with the intention of supplementing their existing income initially, with the goal of building up to a full-time income, enabling them to leave their current employment or business. But if all you’re making
