Perfect businesses have products/ services that everyone/ anyone needs it.
* Consumable products
Usually a perfect business has consumable products. This means that it you can sell it over and over again to customers.
* Inelastic demand
* Low labour
It will have zero/low labour cost to maintain the business. Two examples of business with low labour: Internet marketing and network marketing
* Low set up & operating cost
This is what business people always like. A business with small investment with big return. The two most powerful system that has low operating cost and high return is MLM and internet marketing.
* Product that are hard to follow or copy
A perfect business must have patented or copyrights.
* Cash business
A perfect business does not sell their products in credit terms. You can either pay by check, credit cards or cash during the transaction.
* Free of government interferences
It is logical that a perfect business must be LEGAL and have license to avoid any interference from governments.
* Portable business
You can do your business anywhere and anytime you like with laptop/computers. Most of the business often opening stores in a specific area. This makes it harder to operate.
* Forever fascinating
The product must be able to "impress" everyone for a long period of time. If a product you sell is not able to attract people for 10 years or more, it is not a perfect business.
