Home based business opportunities might sound very easy and attractive for someone who wants to start a business. However, if proper steps are not followed it is not going work out well for you. You will need to possess proper knowledge about the business which you enter into and you should also have the strategies ready if your original plans do not work especially for your home based business opportunities.No business in this world is trouble free and home based businesses also have their own distinct set of problems. You should have a pre-defined plan to drive your business even during the tough times. The key for the success of any business is to identify its loopholes and fix them at the appropriate time before the problems manifest into something destructive to your business.The following criteria should help you to identify some of the problems that could crop up in your business.Practical expectations:You should have realistic and practical expectations about your business since it most likely will not yield you any unforeseen profits overnight. This is to say, you should have realistic expectations based on the type of business you run and understand that it grows over a period of time and it will not make you rich overnight. Any kind of business will take its own course of time to stabilize and start returning a profit on your investment.Customer relationship:The key to any kind of business is the customer relationship. You will need to maintain good relations with all your customers and keep them attracted to your business by giving discounts and other benefits from time to time.Unproductive resources:Good businessmen always understand the importance of manpower resources for their business. You cannot afford to have too many people working for you unless they are critical to your operations and even then, only if they contribute to the financial returns on your investment. You should be able to get the work done with limited resources by eliminating the employee positions which are not critical to the success of your business thereby eliminating any unnecessary drain on your financial resources.Expenses:You will need to keep a close check on the business expenditures and cut down on any unwanted expenses. There is a saying that every penny saved is equal to a penny earned. As an example, you will need to cut down the cost of operating your business by eliminating the ineffective processes in your business, like buying the raw materials when rates are high and etc.Watch your competitors:You will need to keep an eye on your competitors in other home business opportunities. You should know what your competitor is doing to win customers and to grow their business. If possible, you should try to adopt some of their winning strategies into your business.You should be to open to learning new things to run your business. You will need to be flexible enough to make the changes in your business plan whenever the situation demands.Once you identify any problems, you will need to strategize your damage control plans. If the problem is complex, you could try fragmenting it into smaller segments and then try solving them individually.These are just a few helpful steps in identifying and solving some of the real problems that could prevail in any of your home based business opportunities.