Residual Income Business Opportunity Litmus Test

With so many business opportunities available today on the Internet it's difficult to determine which ones are valid. A flashy website with pictures of money in fancy cars can be deceiving at best. Anyone with a little skill can throw together one of these websites, today's Internet game can also be outsourced very cheap. Read carefully and find out how to determine which ones are best for you and which ones are scams.Let's first begin with taking a look at the actual company itself. There is a clue, is it even a company at all? You should be able to do a little research using your favorite search engine and find out if there's any negative or legitimate problems with the company. There are plenty of websites out there like MLM watchdog that you can use for free. I would also research company owners and the management. What kind of experience, good or bad do they have in the industry. Be careful where you get your information from, because there are a lot of websites that are designed just to sell you something.Okay, let's assume you found a decent company now how about the product. In order for it to be a legitimate company there has to be a real product or service. This one is easy. A good rule of thumb to follow is, would you buy the product or service without the business opportunity attached? If the answer is no, then why would you ever consider the opportunity. Most MLM companies have great products, the problem is they are grossly overpriced. Value pricing is usually non-existent with a lot of companies. Now-a-days the company should be able to compete with traditional storefront businesses. If this is not the case then you will find yourself trying to sell your product.Compensation plans are usually so confusing that most people have no idea how they are getting paid. This is another red flag waving right in your face. Let's say you're looking for a part-time job, wouldn't you want to know how much you're going to get paid? If the manager came out and said congratulations you've got the job, then hand you a pay plan that you didn't understand. Wouldn't you want the pay plan explained? Of course you would, salaries are easy to explain and compensation plans should be too. The best compensation plan is the one that pays the most money with the least amount of people. Now I'm talking about average volume, not some cash gifting scam. The industry average of volume for a distributor product purchase is around $150 a month. If the company you're looking at requires more money than the industry average to qualify for the pay plan, this is another flag.You probably have noticed that I have not mentioned anything about fancy websites, piles of money or pictures of big houses within this article. They have nothing to do with your success or whether or not you're involved with a legitimate residual income business opportunity. Follow these simple steps and increase your chances for success by working with the right company.