Wednesday, August 22, 2012

Starting An Income From Home Business on a Shoestring Budget

  Whether seeking a supplemental income or a full-time income, many folks have undertaken the task to discover a viable income from home business solution to meet their personal needs.

For most folks who contemplate an income from home business, a low-cost or no-cost solution is not only nice, but also very necessary. Many also seek to find an income from home business that will permit them to maintain their regular day job in order to protect their base income.

Taking the cautious approach to an income from 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 income from home business to grow healthy and strong.

Fortunately, most income from 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 income from home business. You will know when that time has finally arrived.

The nature of an income from 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 income from 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 income from home 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.

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.

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!

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.

CONCLUSION:
On your search for the ideal income from 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.

About the Author:
Phillip Schaeffer is the owner of http://MakeAnIncomeFromHomeNow.blogspot.com and reviews popular income from home business ideas and opportunities. Phil's top income from home business recommendation is the Plug-In Profit Site where you can get your own money-making website setup in 24 hours!

No comments:

Post a Comment