Which Home Business Idea Is Right for You?
Each home business idea here is designed to support you in finding your unique “home business within”.
Now that you have a clear sense of your own values and interests, you're ready to take the next step and think about a home based business idea.
These ideas are designed for people who are considering their first home business, or who do not have a lot of business experience, and who do not have a lot of money to invest in starting a business.
We are including ideas that provide you with room to express your unique creativity.
Each home based business idea has benefits and drawbacks.
Don't be intimidated by the drawbacks, these can be addressed with good planning and the right tools.
Affiliate programs are an excellent business idea for the beginning home business owner.
You can start right away marketing products or services from a few merchants that you respect.
You'll need to create a professional website, to learn how to bring visitors to the site, and how to effectively work an affiliate business.
Affiliate businesses are good for people who don't like to do some of the nitty gritties associated with business like order fulfilment, product shipping and returns, customer service, accounting, etc.
Most are free to join so you can focus your energy and budget on creating your website and on advertising.
Another popular work at home idea for home business beginners is network marketing, also known as multi-level marketing or direct sales. A network marketing business can be started for just a few hundred dollars investment or less, and provides a turnkey home business opportunity.
Network marketing is controversial because there are many scams associated with the industry, but it is also responsible for providing many ordinary people with good incomes.
An example of some network marketing companies are Avon, Mary Kay Cosmetics, Discovery Toys, Tupperware, Melaleuca, Xango, etc.
Network marketing differs from traditional business because you are paid not only for your sales, but the sales of those people that you partner with in your business.
In order to be successful in network marketing you must enjoy building relationships with people.
Create Your Own Information Product
This home business idea involves writing an e-book, subscription newsletter, or creating another kind of information product like a video course.
Electronic products like e-books, password protected websites, and subscription newsletters are popular products because they don't require shipping costs and can be accessed by a customer immediately after payment.
Creating your own information product takes more time than setting up an affiliate business, but if you done correctly can reap you great benefits because you receive most of the profits instead of just receiving a commission on sales.
Your Own Internet Auction Business
This home business can even be started as a hobby because it is great fun for those who enjoy auctions.
You can even start using items from your own basement.
Internet auctions are one of the few work at home ideas that require no website and just a few dollars investment to start, making it truly a risk free home based business idea.
Ebay is one of the few large Dot Com businesses that is still growing even during these economically difficult times.
Two of our valued contributors offer Mystery Shopping services which allows them to get paid to travel, eat out and shop!
They also wrote a book about it so that others can start their own business.
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