A Top-Rated Home Business For Mom!
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Title: A Top-Rated Home Business For Mom!
Word Count: 1225
Author: Roger Staubus
Email: rrstaub@gmail.com
Article URL: www.submityourarticle.com/articles/easypublish.php?art_id=2901
The article is preformatted to 60CPL.
A Top-Rated Home Business For Mom!
Copyright 2005 Roger Staubus
This article rates a home business opportunity using my
"New Approach for Rating Home Business Opportunities," of
11 major and 7 minor attributes. Each major attribute can
be worth 7 points, while each minor attribute can be worth
3 points, with 98 points as a perfect score. Of course,
there are no perfect scores for home business
opportunities. The 11 major attributes are-
* Product or service
* Product price and market competition
* Company
* Proven business system
* Available Support system
* Available training and resources
* Compensation system
* Profitability - has good profit margins
* Costs involved - both startup and recurring costs
* Will I have full control over my business?
* Can I work this business at my own pace?
The 7 minor attributes are-
* How is the product delivered to the customer?
* Does the product/service have an automated delivery
capability?
* Is the Company "On the Net" and E-Commerce enabled?
* Are you supplied with business tools to make your life
easier?
* What level of administration is required?
* Consider whether you will be ahead of or behind the
trends?
* How great is the potential to make money in this business?
The Company is Sensaria, a Washington state private company
that sells Natural Body Care products. The product line
includes Skin Care, Body Care, Sun Care, Home Care, and
Hair Care products, all of which are sold by individual
representatives. There are about 3,600 representatives.
The Skin Care and Hair Care products (not makeup) are
naturally based with no chemicals, which many people
prefer, are consumable and representatives have personal
web sites which customers may go to for repeat product
purchases. Sensaria is a member of the Direct Selling
Organization, which is a significant consideration. The
company is about 20 years old, but has been using direct
sales for the last five years.
Representatives schedule and hold Spa Parties where
products are sampled and introduced, used and sold. The
parties are fun events for women and those in attendance
have a good time. Representatives plan for product sales,
to book additional parties with those in attendance, and to
recruit new representatives for the company, with
individuals seeking to earn additional income. The cost to
become a representative is $180, and another $50 for items
that representatives use at Spa parties and for office
supplies. Even though each representative has a personal
web site for product re-orders, this business opportunity
is an offline opportunity, as compared to an online
internet business opportunity.
Eleven Major Attributes
* Products are very well received. Women love these
products and purchase them eagerly. Samples used at the
Spa parties are very effective in producing product sales.
This major attribute is the crucially important one for
this home-based opportunity. Because the products are
consumable, this is a very favorable situation for a
representative. This attribute gets a 7 rating.
* Product pricing is competitive in the market place and
market competition is moderate. In this instance, a 5 is
awarded for this attribute.
* The company is well respected, stable, and can be counted
on to deliver on promises made. So this consideration gets
a 7 rating.
* Proven business system. Sensaria has a very effective
business system for beginning reps that includes getting
Spa parties scheduled, presentations for the party,
securing bookings for additional parties at each party, and
prospecting for potential new representatives. Free
products provide good motivation for individuals agreeing
to host a party. After a Spa party, each rep has a
business suite installed on their personal computer which
allows the rep to transmit the orders to the company for
efficient order processing. This consideration gets a 7
rating.
* The available support system is generally good, as each
new rep has an upline person for questions and problems
that may arise. This consideration gets a 5 rating.
* Available training and support is good for this company.
New reps attend teleclasses to learn the ropes as beginning
home-business entrepreneurs. Teleclasses are one hour in
length and about 50 individuals may be involved in each
call. More experienced representatives conduct these
teleclasses.
This consideration gets a 6 rating.
* The Compensation system is a good one. Each rep earns
30% of the product sales value for each party, and has the
chance for bonus amounts each month based on their total
product sales. These bonus amounts vary from 6% to 9% of
product sales for the month. In addition, a rep earns a 5%
override for any reps they have recruited. After 3
recruits, the overrides go four levels deep. For any
checks received at the parties, the rep deposits them to
her bank account, and remits 70% of the sales value to the
company via credit card payments. So rep earnings
accumulate quickly during each month, and are available
immediately. This consideration gets a 6 rating.
* Costs involved are $180 for the beginning product kit,
and approximately $50 for supplies, most of which can be
purchased at low-cost at Wal-Mart. The rep will have
travel costs to and from each Spa party, and office
supplies will be needed for record keeping purchases.
* Will I have full control over my business? The answer
here is an unequivocal yes. There are no monthly sales
quotas, but purchases of $75 wholesale are necessary to
remain active. A rep can go inactive periodically without
penalties. This attribute gets a 6 rating.
* Can I work this business at my own pace? The answer is
yes, and this attribute gets a 6 rating.
Seven Minor Attributes
* How is the product delivered? The products sold at a Spa
party are shipped to the hostess for that party and she
delivers the products to customers who purchased. This
consideration gets a 2 rating.
* Does the product/service have an automated delivery
capability? Not in the sense that e-Books and software can
be delivered immediately as downloads after purchase. Each
rep has a web site for customer re-orders and they are
shipped to their home address. This consideration gets a 2
rating.
* Is the company "On the Net" and E-Commerce enabled? Yes,
this consideration gets a 3 rating.
* Are you supplied with business tools to make your life
easier? Yes, each rep gets a business suite for submitting
orders and other tools as well. This attribute gets a 2
rating.
* What level of administration is required? Keeping
customer records, party records, contact records are
required for a rep to be effective, and to earn as much as
possible. This attribute gets a 2.
* Consider whether you will be ahead of or behind the
trends. I don't know the answer for this one, so I am not
assigning any number for this consideration.
* How great is the potential to make money in this
business? It has very good potential, a new rep can earn
from $800 to $1,000 in their first month. Downlines can be
willed to family heirs. This attribute gets a 3 rating.
Total Score
The Company has scored a total of 66 points on the 11 major
attributes, and 14 points for the 7 minor attributes,
yielding a grand total score of 80. This rating approach
requires a 90+ for an Excellent rating, 70+ for a Good
rating, 50+ for an Average rating, 30+ for a Poor rating,
with zip for an opportunity considered to be a scam. Based
on this approach, this is a GOOD home business opportunity.
About the Author:
Roger Staubus CPA
www.goodhomebizopp.info/index.html
Author of the Free e-Book "Looking for a Good Home Biz?"
and of a previous published article, "New Approach for
Rating Home Biz Opportunities."
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