For many of us internet entrepreneurs, there really aren't many start up costs for our home business. You might be surprised! |
Starting Your Home
Based Business On A Shoestring Budget
By Stone Evans
Whether seeking a supplemental income or a
full-time income,
many folks have undertaken the task to
discover a viable home
based business solution to meet
their personal needs.
For most folks who contemplate a home business,
a low-cost or
no-cost solution is not only nice, but also
very necessary. Many
also seek to find a home business
that will permit them to
maintain their regular day job in
order to protect their base
income.
Taking the cautious approach to a home based
business and
keeping one's job during the start-up period
is often a very
good decision. By maintaining one's job,
one can maintain the
health of their personal finances
while permitting their home
business grow healthy and
strong.
Fortunately, most home based businesses can be
started with
little or no cash, can be maintained on a
shoestring budget, and
can be operated successfully with
only a part-time investment.
One day, the business will be strong enough to
support itself
and its owner. When that time comes, it
will make good sense for
the business owner to leave his
or her outside job to dedicate
more time to growing and
maintaining their new thriving home
based business. You
will know when that time has finally arrived.
The nature of a home based business makes it
easy and very
realistic for most folks to take the plunge
into home business
ownership.
Yet, many folks put off starting their own home
based business,
because they have the misconception that
they will have to risk
thousands of their own hard-earned
dollars at start-up. Then
later, if their business fails,
they fear they may be forced to
take out a second mortgage
on their house just to stay out of
bankruptcy.
Are you one of these folks? Do you let your
fears of failure
keep you from reaching for your
dreams?
If so, then allow me to introduce you to a few
home business
ideas that you can start for less than $100
and can be started
and 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 model
that will deliver steady and repeat
business. It is the one
thing --- above all others ---
that will assure that your
company can survive the test of
time.
HOME-BASED MAIL
ORDER:
Home-based mail order is a
good example of how one can quickly
grow a home business
income. Mail order is a low cost start-up
business that
can be launched for around $100 USD.
With proper planning, your home-based mail order
business will
not require up-front inventory purchases. In
the mail order
business, it is not uncommon to rely upon
drop-shippers for
product fulfillment services.
By utilizing drop-shippers, we can sell the
products, collect
the money and then purchase the products
from the wholesale
outlet. The wholesale outlet will then
put a return address for
your company on the product
packaging and deliver the product
directly to your
customer.
By using the following link, you can explore the
drop-ship
directory, which will let you explore the
drop-shipping
companies that will enable you sell 500,000
products from over
1,000 brand name manufacturers:
http://www.home-business.com/dropship.html
Your primary expense in the mail-order business
is advertising.
Classified advertising tends to be a
relatively inexpensive form
of advertising with thousands
of outlets available to the small
business owner.
WHOLESALE
BUSINESS:
Buy low --- sell high. You can acquire
high quality,
top-of-the-line merchandise for a fraction
of the retail cost.
Starting a wholesale business would
require a Wholesale Dealers
Directory as your source for
merchandise, such as the one above
or the one listed
here:
http://www.home-business.com/auction.html
AUCTIONS:
Auctions can be an
excellent source for buying cheap and selling
high. Both
government auctions and Internet auctions can lead to
some
excellent profit opportunities. Auctions are an excellent
tool for both acquiring and selling merchandise.
MAKE AND SELL YOUR
CRAFTS:
Crafts are a hot seller at country fairs,
swap meets or anyplace
where people gather. Make your own
crafts and sell them for a
tidy profit!
SELLING
INFORMATION:
Selling information by mail is another
good example of an
inexpensive home based business
start-up. One can gain the
resale rights to information
for usually about $50 USD. Other
costs will include
printer cartridges, paper and postage. There
are plenty of
free classifieds sites on the Internet, in which
to
successfully advertise your information.
WRITE INFORMATIONAL
BOOKLETS:
Write and publish your own informational
booklets; sell them at
a high price! All you need is a
little know-how, a printer,
paper and stamps. This is a
GREAT home business idea! You can
also sell the resale
rights to others, for extra profits. In
this age of the
Internet, you may also take advantage of the
fact that
selling information is one of the most profitable
endeavors one can pursue online.
OFFICE
SERVICES:
Offer office services for hire in your
local paper. You'll be
surprised at the amount of regular
office business that can be
gleaned from one little
classified ad. Word processing, typing,
accounting, data
entry, proofreading, transcription, promotional
letters
and newsletters. All these tasks can be accomplished
right
from your own home office.
AVON
REPRESENTATIVE:
Yes, Avon's been around for
eternity, hasn't it? Then it's not
such a bad prospect as
a home based business, is it? I once knew
a woman who did
so much business as an Avon rep. that she had
people
calling her and knocking at her door wanting to order
products at all hours of the day and night! Once you are
an
established Avon representative, you, too, will turn a
good
profit.
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. There
are
thousands of scam artists out there just waiting for the
next sucker to come along. Remember, if it sounds too good
to be
true, then it probably is. Just use your good
judgement and
invest wisely in proven methods of earning
extra income.
---------------------------------------------------------------
Stone Evans owns the "Home Business Resource
Directory" where
you can find everything you'll ever need
to start, run and grow
a home business at: http://www.Home-Business.com
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