Part 3 The Great Escape: Your Business Plan

Plan Your Escape

Your business plan is the key and part three of The Great Escape. This was only a three-part series but I have received such a positive response that I will add a couple of more articles. In Part One I told you the truth about what it will take to succeed in your home business. No glitz and glamour no bluff and puff. It will take persistent and consistent action to reach your goals.

In Part Two I gave you 7.5 elements to plan your escape. If you have a job I told you to keep it and invest in your home business. Now I am going to give you your home business plan.

Your Business Plan

Your Product or Service — Find a product that is in high demand. The ideal products are consumable so you can get repeat sales. Investigate everything. Find items that you are enthusiastic about selling. Treat this like you were investing thousands of dollars or getting a professional license.

Many home businesses have a low-cost entry fee. Easy to get in and easy to quit. Look for products or services that pay a high commission I suggest 70% commission fees or more. Plus you want to earn residual income. My primary business pays me 100% commissions and residual income, and I have low-end and high-end products.

Read Part One of the Great Escape

It’s okay to have low entry fees as long as you can upsell your clients on high-end items. Think about…