Archive for November, 2009

How to Identify Good Business Opportunities

Monday, November 30th, 2009

Unfortunately there is no simple answer to the question of how to identify sound business opportunities. For one thing, a business opportunity might be good in the hands of one person with certain skills and aspirations, but a disaster in the hands of another. However, this article is concerned with the general attributes of good business [...]

Why do we fall for the same old scams?

Monday, November 23rd, 2009

Before I start adding posts covering my research into business opportunities that do and do not work, I want to publish one more warning about how easy it is to fall for simple scams if we are not totally on the lookout at all times. I was watching the old film Paper Moon last night, [...]

Franchising – the Safe Way to Start a Business?

Tuesday, November 10th, 2009

There is no safe way to start a business. A good franchise however offers more security than starting a new business from scratch. It should offer a tried and tested business plan, using an established brand and using the principal’s expertise and experience to help establish the new entrepreneur. However, comanies which offer franchises for [...]

Investment scams – the biggest is the Ponzi!

Monday, November 9th, 2009

Not exactly a business opportunity, unless you are thinking of starting one yourself, the Ponzi fraud dates back to early last century when Charles Ponzi first brought the idea of using an investors funds to repay investors their interest, thereby seeming to be a successeful business and encouraging new investors, into public knowledge. As an experienced [...]