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Learn The Ins And Outs Of Running Your Own Home Based Businesses
Bookmark this page and share it with others! (Or press Ctrl/D on Firefox)Starting a business at home seems to be the rage. Infomercials, e-mails, direct mail, and print ads all tell stories of how many people are leaving the treadmill of working a 9-5 job just so they can be home with their families. To boot, these stories tell how they make even more money than they ever did working for someone else and they feel more secure. But what are the facts and is this a realistic option for you?
There are many people who do make money working businesses at home, some of them are making a great deal of money more than they ever would working for someone else. However, these are also the go-getting types who are highly organized and motivated and skilled in what they are doing. This does not apply to the vast majority who plan on making a-go of this who will start something part time on the side or full time, but realize they are losing money or barely making even and spend a lot more time than they are willing to devote in this pursuit.
A home based business is not for everyone. Take this test to see if this is an option you should consider:
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Now, add up your score:
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Analysis of your scores:
16 - 32 - You do not have what it takes to make a successful venture in the home business world. There are certain things you could probably change to increase your odds of making it, but there would have to be a major change which may conflict with your personalities or abilities that may not be possible at this time. To consider a home business, even on a part time basis, could end up being financially risky to you. There is no shame in working for others!
36 - 60 - Anyone who is motivated enough can overcome any hurdle when it comes to the home based business, but you may not be ready to face them. Try learning more about running a business first, saving up enough money, and going to the Small Business Administration in your area for help before you do it. You may even want to consider something part time while you keep your day job to get a taste of what you will be in for. Your odds for making it at this point are about 50/50. At best, expect to break even.
64 - 80 - You are most likely in a position to succeed. You are motivated for success and will do what it takes while you are in a financially sound situation to devote your efforts into a business instead of worrying all the time about when profits will kick in. Be sure to have your business plan and budget handy before you take off. Your chances for success are 80%!
If you had a low score, take heart, this does not mean you are of less value as a worker than a person with a high score. It is a lot of work when it comes to making your home business a success rather than a lark. Just because your score is low does not mean you are ruled out from ever having a home business if you are willing to work hard at overcoming your shortcomings.
Actually, you ARE more secure working for someone else than in your own home business - no matter what they tell you in the ads trying to sell you their product. If you make yourself a valuable team player and go above and beyond the call of duty at work and learn all you can about the business, your employer would be a fool to let you go. When you work for someone else, you have the security in expecting a check for the work you have done. When you are self-employed, there can be many days in the start up phase where you are working hard with no money to show for it.
The only types of workers who are NOT secure in their jobs are the ones with a poor attitude towards work. These are the ones that do just the bare minimum tasks expected and only do what they can when expected just to get a check. Employers pick up on that and you are usually the first singled out to get laid off, fired, or denied a promotion. If you scored low and only are looking for a way to make more money, try being a better employee first! If you cannot work well in a business atmosphere for others, you are not likely to work well in a business for yourself. Further your education and do what you need to do to make yourself a value to any business market, then re-evaluate what you want to do.
If you scored in the middle range, you may want to go to a night school or take a few college courses to gain the skills you need to run a successful business. You should also prepare yourself by saving money to support you while you are starting up your business venture as well as getting the money needed to run your business. If you have an idea of what type of business you want to run, take it to the Small Business Administration and ask for tips from the Retired Workers Corp who volunteer to help beginners. If you sign up for help, you are also in a better position to qualify for a business loan.
If you are in the upper range, congratulations! You are a rare breed who stands a decent chance of making a successful business. You are the types of people those commercials are trying to attract because you are more than likely to succeed making them money in testimonials while others will be treated like "time wasters." If you already know what you want to do, click here to this section on how to do business which will have general guidelines to get you in the right direction.
An education at home can also give you the guidelines you need to get started. Try Education Direct which allows you to learn on your own hours.
If you don't have a clue on what type of business you wish to consider, here are a few ideas:
- 900 Number Business
- Abstracting Service
- Accounting/Bookkeeping/Tax Preparation
- Accupuncturist
- Acoustical Services
- Adoption Consultant
- Adoption Referral Service
- Advertising Agency
- Advertising Broker
- Advertising Hotlines
- Advertising Promotion Designer & Coordinator
- Alternation Service
- Answering Service
- Antique & Rare Collectible Locating Service
- Antique Dealer/Broker
- Antique Restoration Service
- Apartment Finding
- Arbitration Service
- Architect
- ATM Vendor
- Art Broker
- Art Restoration Service
- Artist
- Assembly Work
- Auction House/Auctioneer
- Auditor
- Auto Brokers
- Auto Detailing
- Auto Rental
- Auto Repair
- Auto Paint Touch-Up
- Automated Telemarketing Service
- Automobile Inspection Service
- Babysitting
- Balloon Delivery
- Barter System/Barter Broker
- Beauty Consultant
- Bed & Breakfast
- Bicycle Repair
- Bindery Service
- Biofeedback Therapist
- Birthday Planning Service
- Blade Sharpening Service
- Bounty Hunter
- Budget Management Consultant
- Business Broker
- Cake Decorator
- Call Center
- Calligrapher
- Candle Marker
- Car broker
- Car Loan Broker
- Car Wash Operator
- Career Counselor
- Carpet Cleaning
- Cartoonist
- Catalog Mail Order Business
- Caterer
- Charm Instructor
- Charter Service
- Child Care
- Child Care referral agency
- Child Development Specialist
- Chimney Sweep
- Clip Art Collector/Seller
- Clock/watch Repair
- Clothing Manufacturer/Seamstress
- Collating/Letter Shop work
- College Application Consultant
- College Preparation & Exam Pre-Testing Service
- College Preparation Service
- Color Consultant
- Color Separation Service
- Commercial Photographer
- Commodities Broker
- Community Welcome Wagon (Makes money through advertising)
- Competitive Shopper/Corporate Researcher
- Computer Programmer
- Computer Repair
- Computerized Beauty/Hairstyle Service
- Computerized Home Design Service
- Confetti Egg Manufacturer
- Construction Broker
- Contest & Promotions Operator
- Corporate Health Consulting
- Corporate Motivational Speaker
- Corporate Recruiter
- Corporate Special Events Coordinator/Planner
- Corporate Trainer
- Corporate Video Service
- Counselor
- Coupon Book Distributor
- Coupon Distributor
- Court Reporter Transcription
- Credit & Collection Agency
- Credit Card Merchant Account Broker
- Credit Reduction Consultant
- Credit Repairing Service
- Custom Candle Maker
- Custom Candy Maker
- Custom Embroidery
- Custom Gift Basket Business
- Customer Newsletter publishing
- Dance Instructor
- Data entry
- Data processing service
- Dating/Matching Service
- Day Spa
- Deck Designer
- Delivery Service - Dispatching
- Diaper Service
- Dietitian/Nutrition-based Meal Planner
- Digital Imaging Services
- Direct Mail Advertising Company
- Direct mail advertising company, coupon packages
- Disability Consultant
- Disc Jockey Service
- Dog Trainer
- Door To Door Sales
- Draftsman/Blueprinting Service
- Driving School
- Drug Testing Service
- Efficiency Analyst
- Elderly Care Giver
- Employment Agency
- Employment Recruiting Agent
- Engraving Service
- Event Planner (Pick a theme and gather both those trying to sell something and those who would buy from them and charge both a fee to come to a location you arrange. Business oppotunities, comic book conventions, gun shows...)
- Family Tree Researcher
- Fax Broadcasting/Advertising Service
- Fax-on-Demand Service
- Financial Aid Consultant
- Firewood dealer
- First Aid/CPR
- Fitness Equipment Rentals & Brokerage
- Fitness Trainer
- Flea Market Organizer/Consultant
- Flower Arranger
- Food Canning
- Framing Service
- Franchise Researching & Referral Service
- Fresh Flower Delivery
- Furniture Refinisher
- Government Contract Consulting
- Government Grant Writer & Researcher
- Graffiti Removal Service
- Graphic Artist
- Gutter Cleaning Service
- Handyman Referral Service
- Hauling Service
- Herb Farmer
- Hi-Pressure Washing Service
- Home Designer
- Home Entertainment System Design
- Home Health Care Service
- Home Improvement Referral Service
- Home Office Designer
- Home Rental Referral Service
- Home Repair
- Home Painters
- Home Schooler
- Home Schooling Consultant/Teacher
- Home Security Consultant & Installer
- Home-Based Administrative Assistant
- Home-Based Mailing List & Database Manager
- Home-Based Mailing Service
- Home-based Manufacturing/Craft Work
- Home-Based Paralegal
- Home-based Travel Agency
- Home-made Sweater Manufacturing
- Hot Air Balloon Advertising & Rides
- House Sitting Broker/Referral Service
- Human Resource Consultant
- I Q Testing
- Ice Sculptor
- Image Consultant
- Import/Export
- In Home Sales
- Incentive/Motivational Program Company
- Industrial Monogramming
- Information Clearinghouse
- Insurance Adjusting
- Insurance Broker
- Insurance Documenting Service
- Interior Design Effects Manufacturer
- Interior Designer
- Internet Sales/Mall/Affiliate Programs
- Internet Marketing & Promotion Service
- Invisible Fencing Sales & Installation
- Jewelry Maker/Designer
- Jewelry Repair
- Job Clearinghouse
- Judgment Recovery
- Labor Relations Consultant/Counselor
- Landscape Designer
- Language Teacher
- Language Translator
- Laser Printer Cartridge Reconditioning
- Laundry/Ironing Service
- Lead Exchange/Business Networking Organization
- Lead Generation Service
- Leak Testing
- Learning Disability Specialist
- Leasing Company
- Legal Researcher
- Legal Transcription
- Licensing Broker
- Lie Detector Service
- Liquidator
- Loan Brokerage/Mortgage Broker
- Lobbyist
- Locator Service
- Locksmith Referral Service
- Magician
- Maid Service - Maid Service Referral Service
- Maid/Cleaning/Maintenance Service
- Mail Fulfillment
- Mail Order Business - Just find the product and market it
- Mail Order Candy Maker
- Mail Receipt/Mail Forwarding Service
- Mailing List Broker
- Mall Promotion/Merchandiser
- Management Consultant
- Manicurist
- Manufacturers Representative
- Market Research Company
- Massage Therapy
- Meal preparation & delivery
- Mediator
- Medical Claims Processing
- Medical Equipment Brokering
- Medical Equipment Sales & Service
- Medical Service Broker
- Medical Temporary Employment Agency
- Medical Transcriptionist
- Meeting Planner
- Menu Service
- Merchandise Demonstrator
- Merchandise Inventory
- Merchandiser
- Multilevel Marketing/Network Marketing
- Mobile Document Shredding Service
- Mobile Hair Salon
- Moving Service
- Music on Hold Voice Services
- Music Teacher
- Mystery Shopper
- Nanny Service
- News Clipping Service
- Novelty Products Dealer/Mail Order
- Office Equipment Sales & Service
- Online Job Searching
- Online Researcher
- Organizer
- OSHA Compliance Consultant
- Packing/Packaging Service
- Paint Service Broker/Referral Center
- Parenting Specialist/Counselor/Trainer
- Party Planner
- Payroll Administrator
- Personal Monogramming
- Personal Trainer
- Personality testing
- Personalized Children's Books
- Personalized Greeting Cards
- Personnel Safety Consultant
- Pest Control Referral Service
- Pet Grooming
- Pet Psychologist
- Pet Sitter
- Photo Album Service
- Photocopying Service
- Photographer
- Photography Collector/Seller/Broker
- Post-Construction Trash Removal
- Prefab Home Sales
- Printing Broker
- Private Detective
- Private Label Beer Brewing
- Process Server Company
- Promotional items (custom printed caps, t-shirts, mugs, keychains, etc.)
- Property Management Service
- Property Tax Consultant
- Psychologist
- Public Relations Agency
- Publish community or other specialized newsletter (profits comes from advertising)
- Publishing
- Quilt Making
- Radon Testing Service
- Real Estate Agent
- Real Estate Appraiser
- Real Estate Investor
- Real Estate Lead Generator (get the buyers in touch with real estate agents)
- Recycling Business
- Remodeling designer & broker
- Rental Business
- Researcher
- Restaurant Promotions Company
- Resume Service
- Retirement Advisor/Financial Planner
- Reunion Organizer
- Roommate Referral Service
- Rubber Stamp Dealer & Broker
- Sales Trainer
- Scholarship Consultant/Lecturer
- Search Engine Consulting
- Secretarial Service
- Security Systems Consultant
- Sell advertising on your car, house/roof/barn
- Shipping/Customs/Export/Import Consultant
- Singing Telegram Company
- Snow Plowing Service/Referral Service
- Social Security Consultant
- Software Engineer/Developer
- Special Needs Tutoring
- Specialized Product Mail Order Business
- Speech Writer
- Sticker & Decal broker
- Storage Referral Service
- Storefront/Mall Sales
- Street Corner Sales
- Stress Management Counselor
- Surveyor
- Swimming Pool & Jacuzzi Maintenance
- Tanning Service
- Tax Planning Consulting Service
- Tax Preparation Service
- Taxi Dispatcher
- Teaching A Trade Or Skill
- Technical Writer
- Telemarketing Services
- Temporary Employment Agency
- Theme Vacation Planning Service
- Time Management Consultant/Trainer
- Toy Re-Sale
- Trademark Agent
- Transcription Service
- Trucking Broker
- Tutoring
- TV Repair
- Uniform Service
- Unique Advertising company
- Upholsterer
- Used Boat Bulletin Board
- Used Car Bulletin Board
- Utility Bill Consultant
- Vacation Rentals/Time Share Broker
- Vacuum Cleaner Repair
- Vending Machine Company
- Video Editing
- Video Production Company
- Voicemail Services
- Voicemail Voice Recording Services
- Wake Up and Reminder Service (Automated)
- Water Testing
- Web Design & Development
- Website Developer
- Wedding Planner
- Weight Loss Consultant
- Wellness Instructor/Homeopathic Therapist
- Window Treatment Designer
- Window Treatment Installation
- Window Treatment Manufacturing
- Window Washing Service
- Wine Consulting
- Workmen's Compensation Consultant
- Writer
- Writing Workshop (you make money from gathering the writers and teachers for the event where you charge a fee to enter.)
- Yard Sign Business
- Yard Sign Distributorship
There are a few more reports you can look at free on this site by clicking here.
For more information on how to start one of these businesses, please enter that description in the search engine below and learn all you can online. Many sites will give you the info free if you are willing to search for it.
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