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Starting
Your Home Based Business on a Shoestring Budget
Copyright
© 2003, Stone Evans, The Home Biz Guy
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 accomplishedright 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, The Home Biz Guy can help you launch your very own
money making website today that's 100% ready to take orders
and pull in massive profits for you right now ... guaranteed!
Visit: http://www.pluginprofitsite.com
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