Wednesday, June 23, 2010

Work From Home Business Ideas

Here are some excellent businesses that you can start, operate and grow from your home. All these work at home businesses have the following desirable features:
  • Low Startup Costs
  • Ease of Entry
  • High Income Potential
  • Home Based and Operated
  • Worldwide Sales Potential
  • Residual, Recurring and/or Passive Income Potential
1. Consulting

A consultant is someone expert in a field who, for a fee, advises businesses or individuals on various matters of concern.

Many times we tend to feel that our knowledge, skills or abilities are nothing unique. However, many lack those same assets and would gladly pay us for our knowledge and services.

Although it is possible to make a living from consulting with individuals, the big money is in performing services for businesses.

Do you have knowledge of bookkeeping, accounting, tax or similar business matters? Some have made excellent money specializing in small business consulting.

Are you a computer hobbyist with business or internet experience? You could make money in web design, internet marketing, search engine optimization, or some other specialty.

Some lawyers have combined their legal experience with their love of the Internet and specialized in intellectual property and computer law.

For further information and resources about consulting, visit: http://www.yenommarketinginc.com/consulting.html

2. Finding

A finder is someone who, for a fee, finds something needed by a business or individual. A finder`s fee is the amount paid to the finder for locating what was required.

Finder`s fees are paid for finding money (loans, equipment leasing, et cetera), equipment (mining, construction, et cetera), personnel, companies for sale, locations (fast food franchises, vending machines, et cetera) and just about anything else that people are willing to pay for.

Simply match sellers with buyers and you can earn finder`s fees.

For further information and resources about finder`s fees, visit: http://www.yenommarketinginc.com/finder.html

3. Auctions

An auction is an event where items are sold to the highest bidders. An internet auction, online auction or e-auction is an auction where you can buy and sell items on the Internet.

Many thousands now make their living or fortune from selling products and services on eBay and similar auction sites. So can you!

For further information and resources about auctions, visit: http://www.yenommarketinginc.com/auctions.html

4. Drop Shipping

Drop shipping is a method of selling products without stocking inventory yourself. When you make a sale you contact the manufacturer or authorized distributor who ships it to the customer with your invoice and shipping label. Advantages include no warehousing, shipping, or inventory costs.

For further information and resources about drop shipping, visit: http://www.yenommarketinginc.com/dropship.html

5. Affiliate Programs

An affiliate or associate program is a method of selling products on the internet through commission sales. When someone you refer to a website buys, the company you are an associate of (or affiliated with) pays you a commission.
In many cases, it is also possible to make money from the efforts of people that you introduce to the affiliate program. You can also expand your product line by joining and promoting more than one affiliate program.
For further information and resources about affiliate programs, visit: http://www.yenommarketinginc.com/affiliate.html

6. Webmastering

A webmaster is a an internet specialist reponsible for all aspects of web sites.

Areas where businesses need assistance include web site design, logo, banner or graphic design, web hosting, e-commerce, internet marketing, web programming, scripts, security, web site maintenance, copy writing, mailing list management, and many other areas.

For further information and resources about webmastering, visit: http://www.yenommarketinginc.com/webmstrbus.html

7. Self-publishing

A self-publisher creates, produces, and sells information products. Information products may be in the form of books, booklets, videos, audio cassettes, compact disks (CDs), electronic books, files, databases, private websites, and other media.

The information products that you create are unique. You have exclusive control and ownership of your own products.

For further information and resources about self-publishing, visit http://www.yenommarketinginc.com/selfpub.html

8. Instant Publishing

An instant publisher sells information products produced by someone else who grants them reprint (or resale) rights. Often self-publishers will sell such products to complement their own information products.

For further information and resources about instant publishing, visit http://www.yenommarketinginc.com/instantpub.html

9. International Trade

International trade involves importing and exporting. Importing involves buying goods and services from suppliers in another country. Exporting involves selling goods and services to customers in another country.

For further information and resources about import-export, visit http://www.yenommarketinginc.com/impexp.html

10. Mail Order

Mail order is a method of conducting business through the mail. Goods and services can be sold through direct mail (and also via catalogues, magazines, newspapers, radio, television, web sites, and other media). Customers can order by mail or by other means (fax, telephone, internet, et cetera). Delivery of orders can be made by mail or alternative means (such as by courier for physical goods or by fax, e-mail, telephone, or electronic files for information).

Work From Home Business Opportunity Abounds on The Internet!

Looking for a home business opportunity on the internet these days is a pretty involved process. That is, if you don’t know how to eliminate 90% of the junk that’s out there and pick among the home business opportunities that actually have merit and track records.What works?
Information sales, auctions, hard goods that can be shipped, books, reports, network marketing, you name it!
There are just certain types of home business opportunities that you want to stay away from. Those are things where someone you don’t know from Adam is making guarantees that are way too good to be true. Anyone who makes it sound like money is dripping from the internet for you to simply catch in a bucket is a liar and a thief.
You will never have success with home business opportunities that promise you that you will never have to work, or make things sound too easy. Take it from a professional, working online or offline with a home business opportunity is work.
But home business opportunities have perks that are better than any job you could ever imagine.
You work for yourself and answer to no one but your customers
You can make as much or as little as you want
You can work as much or as little as you want
You can take time off whenever you want
You can make your schedule totally flexible
You can work on the internet and work from anywhere in the world
You can save money on clothes you had to buy for jobs
You can save money on gas, car maintenance and insurance
You can get great tax breaks owning your own business
Travel and other expenses can be tax deductible
The list of great things I can think of about a home business goes on and on. Here are some of the things that can be a drain on you with a home business opportunity:You can’t leave your business at certain critical times of growth
Your family will sometimes become a distraction when you are working at home
Your bed is in the same place as your work
There’s no boss to keep you honest about your hours
There’s no boss to keep you on your focus to complete critical tasks
No one will do the work for you
Customers can be a pain sometimes
The money in the beginning can come in sporadically (people who cannot handle any kind of financial stress should definitely keep their jobs until their home business opportunity starts paying the bills regularly).
No pain no gain. No risk, no profit. No investment, no return. A home business opportunity is like any other business. Don’t let anyone tell you differently!
But for those of us that thrive on making our own way in the world, who love that there is no limit to what we can make, and no one but our spouses to tell us what to do, there is nothing under the sun better than a home business!

Tuesday, June 22, 2010

Real Money Advantages of Working from Home.

One of the greatest and most rewarding endeavors you may adopt is working from home. Not only do you get to set your own schedule, you are blessed with spending time with your loved ones and/or your loved activities. I can't tell you how to put a dollar amount on it. But it's probably like this: $$$$$$$$$$$$$$$$$$$.

We are talking about time. Time is the most important factor when you compare working from home versus working a regular 9-5 job. If you hate the day-to-day grind of working a normal job and you never worked from home you are missing out on one of life's treasures. It is so limitless only you know what you would do with it. I personally enjoy 3 mile walks with my wife and dog Rixy (the fastest Whippet around). Oh, to be perfectly honest I love golfing with my friend at his country club. The best time to go from 11am to 3pm, if you add the commute times it really takes the WHOLE day. But you what? Time doesn't matter because I make my own schedule. I work from home.

However, time is a non-money advantage. Let's look at some of the real money advantages to determine if working from home is for you. Always weigh your options before making any decision regarding your finances. We will look at some of the required actions needed to work from home in my next article.

Some Real Money Advantages: per year

1. NO MORE COMMUTE! You SAVE the GAS money: depending on the vehicle this is probably between $$-$$$ per month. $$-$$$$

2. You SAVE the Wear and Tear on your vehicle. Many people don't take this factor seriously but it is serious and costly if you're not factoring it in. Most cars cost at least .25 cents per mile (runs .50 cents to $1 per mile Mercedes AMG). These can surface in repairs or depreciation (i.e.: $25,000 2002 new car price minus current value 2005 $17,000 = $8,000 depreciation). If you add the repairs and upkeep during those years for a vehicle in good working order (average $1000 per year includes, brake pads, regular oil changes, unexpected expenses etc). That's $11,000 loss for three years. $$$-$$$$$

3. Ever get a TRAFFIC Ticket because of your commute to and from work? $$-$$$

4. Does your current employer penalize you for being late? $$-$$$

5. Auto accidents. Not all of us get into one. But those that do lose money on deductibles, and higher rates. $$$-$$$$

6. Insurance companies usually charge more money for longer commutes. $-$$$

7. Cost of inflation. Historically between 4-10%. This means everything costs you more, but rarely do job hourly and salary keep up. You see this every time you go to the grocery store, or buy your next car, or car wash etc. Suddenly it feels like you have less money. Trust your instinct or listen to an economist, you do have less money by stores, services etc raising their prices simple translation: inflation. If you own a property this will help but beware. If you don't own a property, inflation could really hurt.

8. No need for lunch money. $$$-$$$$

9. No need for new wardrobe or keeping wardrobe clean. $$-$$$$

Some Non-Money Advantages: (just a few)

1. No more boss! You make your own decisions, rules, and disciplinary actions. Not someone else. This is really great if your current boss has those notorious suppressive anti-social characteristics and it all seems directed at you.

2. More time to work on your own earning power. Most employees are helping their employer make money. But at the end of the week do you even have time to send a resume or go on an interview for better opportunities? Or read up on other systems for money making? You'll see how difficult it is to focus and read and experiment etc. There are more complicated ones. Who has time for that?

3. No day-to-day grind. You may love the grind but it is a true relief when you don't HAVE to. You'll make up your own grind working from home. Based on your likes, dislikes and strengths.

4. Time to work out. Time for 3 mile walks. TIME to study money making systems. Time for networking. Time for higher education.

5. Efficiency. You won't spend time cleaning up other peoples mess-ups at work. This really hurts you. It diminishes your self esteem to know that during your normal work day you spend time fixing the problems other people create. This doesn't even help you and seldom does anyone acknowledge it. It may be the ethical thing to do to help the company. But when your own work suffers. When you have to stay longer than scheduled. It intrudes your own personal integrity to your family and yourself. When you work from home you actually get more efficient. Search for my next article Work from Home: 6 Required Actions for further information.

6. Independent Thinking. When you are an employee you are affected by a herd mentality. You may not realize how other people you encounter everyday give you wrong data. This then gets filed in your brain and you start operating on it.

The list can go on and on. Number 6 is my favorite. I'm going on my eighth year working from home. As I get good information, good education and apply solid principles I see great results. I'm running an experiment on the newest information marketing website turnkey system. The system advertised the typical promises: "help you make money from home with very little money, time and offers plenty of solutions that can cover most of your knowledge deficiencies." A current example to show anyone who is interested about home based turnkey systems: view an experiment system. See the bank statements to view how profitable or not so profitable. Follow the money at http://howtocreateonlinemillionaires.com

"Work At Home and Make Money"

The fields of internet marketing, multi-level marketing, and in-home party sales have never been more popular. If any of these kinds of extra income producing ideas appeal to you, then you owe it to yourself to check them out. These businesses are making it easier for you to work at home and make money.

But these aren't the only fields of endeavor you can start and operate from home, with little or no investment, and learn as you go.

If you type, you can start a home-based typing service; if you have a truck or have access to a trailer, you can start a clean-up/hauling service. Simply collecting old news papers from your neighbors can get you started in the paper recycling business. More than a few enterprising housewives have found success and fortune by starting home and/or apartment cleaning services.

If you have a yard full of flowers, you can make good extra money by supplying fresh cut flowers to restaurants and offices in your area on a regular basis. You might turn a ceramics hobby into a lucrative personalized coffee mug business. What I'm saying is that in reality, there's literally no end to the ways you can start and operate a profitable make money work at home business.

The first thing you must do, however, is some basic market research. Find out for yourself, first-hand, just how many people there are in your area who are interested in your proposed product or service, and would be "willing to stand in line and pay money for it."

This is known as defining your market and pinpointing your customers. If after checking around, talking about your idea with a whole lot of people over a period of one to three months, you get the idea that these people would be paying customers, your next effort should be directed toward the "detailing" of your business plan.

The more precise and detailed your plan - covering all the bases relating to how you'll do everything that needs to be done - the easier it's going to be for you to attain success. Such a plan should show your start-up investment needs, your
advertising plan, your production costs and procedures, your sales program, and how your time will be allocated.

Too often, enthusiastic and ambitious entrepreneurs jump in on an make money work at home project and suddenly find that the costs are beyond their abilities, and the time requirements more than they can meet. It pays to lay it all out on paper before you get involved, and the clearer you can "see" everything before you start, the better your chances for success.

Now, assuming you've got your market targeted, you know who your customers are going to be and how you're going to reach them with your product or service. And you have all your costs as well as time requirements itemized. The next step is to set your plan in motion and start making money.

Here is the most important "secret" of all, relating to starting and building a profitable home-based business, so read very carefully. Regardless of what kind of business you start, you must have the capital and the available time to sustain your business through the first six months of operation.

Specifically, you must not count on receiving or spending any money coming in from your business on yourself or for your bills during those first six months. All the income from your business during those first six months should be reinvested in your business in order for it to grow and reach our planned first year potential.

Once you've passed that first six months milestone, you can set up a small monthly salary for yourself, and begin enjoying the fruits of your labor. But the first six months or operation for any business are critical, so do not plan to use any of the money your business generates for yourself during that period.

If you've got your business plan properly organized, and have implemented the plan, you should at the end of your first year be able to begin thinking about hiring other people to alleviate some of your work-load.

Remember this: Starting a successful make money work at home business is not a means towards either a job for yourself or a way to keep busy.

It should be regarded as the beginning of a work at home business that will grow and prosper, with you as the CEO. Eventually, you'll have other people doing all the work for you, even running the entire operation, while you vacation in Mexico or Hawaii and collect or receive regular income from your initial efforts.

One fantastic way to start your own make money work at home business is with internet marketing. Using the internet to make money is an easy way thousands of people all over the world are already doing.