subject: Business Opportunities For Under $100 [print this page] Business Opportunities For Under $100 Business Opportunities For Under $100
When researching material for this article I came across a number of companies which are great examples of how anyone can begin working at home, because there are many business opportunities for under $100. In fact there are literally dozens and dozens of MLM or network marketing companies out there which have a sign up fee for less than $100. However, there are several things which you may want to add to your requirement list besides the monthly cost, when considering a home business.
First of all, starting a business and earning money in a business are two different things. So it's important to have a good feel for whether your $100 investment will actually produce some income at some point. Also, read the fine print because a lot of companies will list a price like $49.95 to join, but that only covers initial registration. Once you have paid that money, you may be treated to the surprise that a website is also required, a domain name, plus some advertising costs. Before you know it, the well advertised $49.95 start up cost has suddenly becomes $400-$500, and you haven't even begun the business yet.
Of course one of the main benefits of starting a business in America, is the benefit of being able to have business deductions on taxes. Starting a home based business is one of the best ways to pay less taxes, or in the case of some major companies, pay no taxes at all. It's all about keeping records for everything you buy for that business of yours. There are even ways to write off your home and utility bills, but just remember to check with a tax attorney first before you begin keeping records. What you think the IRS wants, and what they actually require...could be two different things.
Do your research before starting any business and always read the fine print. You want a legitimate business and you want to be able to write off expenses for taxes, but you also want a business that can make you money. If you don't make money initially, that is not as important as simply being able to project a profit into the future. Look for an industry or a company that has a product with built in future demand and a sound marketing plan. Above all, do your research and ask for references on any business opportunity in which you will be spending money, even if we're talking about business opportunities for under $100.
