My name is Dan Combs and I developed this website to review home based business ideas. The attention is focused mainly on internet related opportunities with a low start-up cost. While searching for the business that's right for you be careful because there are scams out there. However, the programs found on this site have passed an intensive screening process and are proven to be LEGITIMATE AND EFFECTIVE. These home business ideas and opportunities are used by thousands of people to work at home successfully. I also cover some businesses that do not directly involve the internet, but if you're looking for big profits with a minimal upfront investment, then I recommend a legitimate online business. For starters, I encourage you to visit http://www.pluginprofitsite.com/main-31732 which is a quick and easy way to start making money online.
Also, I invite you to subscribe to my free email newsletter, (to the right), so you can get the latest home business updates...... Have a successful day!
Starting a Home Business on a Shoestring Budget
Copyright Dan Combs
http://www.RevenueRabbit.com
Whether seeking a supplemental income or full-time revenue, many entrepreneurs have undertaken the task of pursuing a viable home based business solution to meet their personal needs.
For most folks who contemplate starting a home business, low-cost solutions are not only convenient, but often required. Many also hope to find an opportunity that will permit them to keep their regular day job in order to protect their base income.
Taking the cautious approach to a home based business and preserving your job during the start-up period is a very smart decision. By maintaining your employment, you can assure the health of your personal finances while permitting your new business to grow healthy and strong.
Fortunately, most home based businesses can be started with little or no cash, can be sustained on a shoestring budget, and can be operated successfully with only a part-time investment.
As a result of the strong, consistent effort that you put forth, the business will eventually become lucrative enough to support itself and its owner. When that time comes, you will then have the option of leaving your outside job to dedicate more time and energy towards growing and solidifying your new thriving home based business. You will know when that time has finally arrived.
The nature of a "work from home" opportunity makes it extremely easy and very realistic for most wealth-seekers to take the plunge into business ownership.
Yet, many 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. This feeds the fear that if their business fails, they may be forced to take out a loan or second mortgage just to stay out of bankruptcy.
Do you fall into that category? Are you allowing your fears of failure to keep you from reaching for your dreams?
If so, then take a few minutes to browse my list of what I think are the best home business ideas that can be started for less than $300. In fact, most of the following opportunities cost less than $100 to get started and can be operated very profitably as a part-time business.
(All references to $ are in USD)
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.
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.
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.
AUCTIONS:
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.
WINDOW CLEANING:
I currently run a small window cleaning business myself. I've had it for years and originally got into it because of the ease in which you can start and maintain the business as well as the very low overhead cost. Your recurring expenses consist mainly of vehicle fuel and maintenance, window cleaning solution, (of which the ingredients can be quite the guarded secret!), occasional replacement of things like squeegee blades and scrubber sleeves, and of course maintaining a business license and business cards/flyers.
Assuming you have a suitable vehicle for the job, (preferably a small pickup), you can normally buy everything you need and be in business for less than $300! There's a definite art to window cleaning but that can be easily learned by shadowing a professional or watching tutorial videos.
NOTE: One thing to consider when it comes to these "more traditional" kinds of businesses however, is that you are tied down to the city in which you live. The idea is to accumulate a large enough base of repeat customers to support the business. If for whatever reason you should decide to move, your customer base is left behind and you must start over from scratch.
On the other hand, an online business can be run from anywhere you have access to a computer and the internet. Your business moves with you wherever you go and in my opinion, that in itself makes online business opportunities much more appealing than the alternative.
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!
WINDSHIELD REPAIR/HEADLIGHT LENS RESTORATION:
Here's something many people are unaware of: If you have full coverage insurance, almost all auto insurance companies will pay for the repair of a rock chip in the windshield of your car. They will waive your deductible and cover 100% of the cost!
Therefore, you can basically provide a service that the customer will love and they don't even have to pay for it! I used to have a job as a windshield repair/replacement tech. I can tell you that there's absolutely no joy in doing replacements, but repairs can be very fun and rewarding. Nothing like working your magic and making a big ugly rock chip disappear...(well, almost disappear!)
There are different brands of windshield repair kits that can be purchased online or through various tool companies. These kits vary in price and quality.
Another service that you could offer these same customers is headlight lens restoration. Over time the plastic headlight lenses become faded and yellow, dramatically decreasing the brightness of the headlights. As of now, I don't believe most auto insurance companies cover this, but depending on how much you invest in the tools and polishing compounds, you shouldn't have to charge an arm and a leg for this service.
SELLING INFORMATION:
Selling information by mail is another good example of an inexpensive home based business start-up. One can gain the resale rights to information for usually about $50. 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. 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.
MULTI-LEVEL MARKETING:
There are several legitimate "Multi-Level" or "Network Marketing" opportunities out there like Amway, Avon and Herbalife just to name a few. If you enjoy socializing and are comfortable with prospecting on the phone and/or in person, you too can turn a good profit. Be aware that some of these programs encourage a lifestyle that facilitates the "Eat, sleep, drink and live this business!" mentality.
HONORABLE MENTIONS:
A few other home business ideas that deserve notice are...Landscaping/Lawn Maintenance, House Cleaning, Delivery/Courier Services, Janitorial (Cleaning office buildings, banks, etc. after business hours), and New Construction Cleanup (Construction companies often pay 3rd parties to perform the cleanup duties after all construction is complete. ie: Cleaning counters, floors, carpets, windows, etc. In some states these 3rd party companies are required to obtain a contractor's license in order to perform these services).
CONCLUSION:
On your search for the ideal home based 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:
Dan Combs is the owner of http://www.RevenueRabbit.com and reviews popular home business ideas and opportunities. Dan's top home business recommendation is the Plug-In Profit Site at: http://www.PlugInProfitSite.com/main-31732/freesetup.html where you can get your own money-making website setup in 24 hours!
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