Starting Your Home Based Business On A Shoestring Budget
Copyright © Donohugh Magnus
http://www.autopilotkings.com/
Whether seeking a supplemental income or a full-time income,many folks have undertaken the task to discover a viable homebased business solution to meet their personal needs.
For most folks who contemplate a home business, a low-cost orno-cost solution is not only nice, but also very necessary. Manyalso seek to find a home business that will permit them tomaintain their regular day job in order to protect their baseincome.
Taking the cautious approach to a home based business andkeeping one`s job during the start-up period is often a verygood decision. By maintaining one`s job, one can maintain thehealth of their personal finances while permitting their homebusiness grow healthy and strong.
Fortunately, most home based businesses can be started withlittle or no cash, can be maintained on a shoestring budget, andcan be operated successfully with only a part-time investment.
One day, the business will be strong enough to support itselfand its owner. When that time comes, it will make good sense forthe business owner to leave his or her outside job to dedicatemore time to growing and maintaining their new thriving homebased business. You will know when that time has finally arrived.
The nature of a home based business makes it easy and veryrealistic for most folks to take the plunge into home businessownership.
Yet, many folks put off starting their own home based business,because they have the misconception that they will have to riskthousands of their own hard-earned dollars at start-up. Thenlater, if their business fails, they fear they may be forced totake out a second mortgage on their house just to stay out ofbankruptcy.
Are you one of these folks? Do you let your fears of failurekeep you from reaching for your dreams?
If so, then allow me to introduce you to a few home businessideas that you can start for less than $100 and can be startedand operated very profitably as a part-time business.
THE LIFEBLOOD OF ALL SUCCESSFUL BUSINESSES:
First of all, let me advise you to search out a business modelthat will deliver steady and repeat business. It is the onething --- above all others --- that will assure that yourcompany can survive the test of time.
HOME-BASED MAIL ORDER:
Home-based mail order is a good example of how one can quicklygrow a home business income. Mail order is a low cost start-upbusiness that can be launched for around $100 USD.
With proper planning, your home-based mail order business willnot require up-front inventory purchases. In the mail orderbusiness, it is not uncommon to rely upon drop-shippers forproduct fulfillment services.
By utilizing drop-shippers, we can sell the products, collectthe money and then purchase the products from the wholesaleoutlet. The wholesale outlet will then put a return address foryour company on the product packaging and deliver the productdirectly to your customer.
Your primary expense in the mail-order business is advertising.Classified advertising tends to be a relatively inexpensive formof advertising with thousands of outlets available to the smallbusiness owner.
WHOLESALE BUSINESS:
Buy low --- sell high. You can acquire high quality,top-of-the-line merchandise for a fraction of the retail cost.
AUCTIONS:Auctions can be an excellent source for buying cheap and sellinghigh. Both government auctions and Internet auctions can lead tosome excellent profit opportunities. Auctions are an excellenttool for both acquiring and selling merchandise.
MAKE AND SELL YOUR CRAFTS:
Crafts are a hot seller at country fairs, swap meets or anyplacewhere people gather. Make your own crafts and sell them for atidy profit!
SELLING INFORMATION:Selling information by mail is another good example of aninexpensive home based business start-up. One can gain theresale rights to information for usually about $50 USD. Othercosts will include printer cartridges, paper and postage. Thereare plenty of free classifieds sites on the Internet, in whichto successfully advertise your information.
WRITE INFORMATIONAL BOOKLETS:
Write and publish your own informational booklets; sell them ata high price! All you need is a little know-how, a printer,paper and stamps. This is a GREAT home business idea! You canalso sell the resale rights to others, for extra profits. Inthis age of the Internet, you may also take advantage of thefact that selling information is one of the most profitableendeavors one can pursue online.
OFFICE SERVICES:
Offer office services for hire in your local paper. You`ll besurprised at the amount of regular office business that can begleaned from one little classified ad. Word processing, typing,accounting, data entry, proofreading, transcription, promotional letters and newsletters. All these tasks can be accomplishedright from your own home office.
AVON REPRESENTATIVE:
Yes, Avon`s been around for eternity, hasn`t it? Then it`s notsuch a bad prospect as a home based business, is it? I once knewa woman who did so much business as an Avon rep. that she hadpeople calling her and knocking at her door wanting to order products at all hours of the day and night! Once you are anestablished Avon representative, you, too, will turn a goodprofit.
CONCLUSION:On your search for the ideal home based business, try not to get caught up in any scams that will run off with your money. Thereare thousands of scam artists out there just waiting for thenext sucker to come along. Remember, if it sounds too good to betrue, then it probably is. Just use your good judgement andinvest wisely in proven methods of earning extra income.
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To find the best home based business ideas and
opportunities so you can work at home visit:
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Coach Donohugh Magnus helps beginners and the advanced marketer. Claim your FREE newsletter with hundreds of "killer" promotional tips and tricks from http://www.pluginprofitsite.com/main-19887/specialoffer.html
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