Starting Your Home 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
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
Taking the cautious approach to a home 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 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 business. You will know when that time has
The nature of a home 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 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:
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.
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 listed above or the one listed here:
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
Selling information by mail is another good example of an
inexpensive 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. 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.
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.
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
On your search for the ideal home 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.
Copyright ) 2003, Stone Evans, The Home Biz Guy
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