HOME-BASED BUSINESSES For FUN And PROFIT
Your Guide To Setting Up Your Own BUSINESS AT HOME
SELFEMPLOYMENT AND YOU
The world of self-employment can be a personally and financially rewarding
one for the right individual. Many people dream of owning their own
business but don't believe it will ever happen for them. The majority
of these folks see all the positives of working for themself, but lack
the drive and determination to make the transition from employee to
employer.
Self-employment is the ticket to higher earnings without limit and
the right to control and work your own schedule. But it's not easy
work. A lot of self-employed people are working longer hours and weeks
than ever in their own business. The difference is they are doing work
they truly enjoy, and are getting paid for it!
You have the talent and ability to work on your own! Perhaps you're
just not sure what business you'd like to specialize in. That's where
this book can help!
We've listed a number of home-based business and franchise opportunities
in this booklet based on the latest information available to us. From
this assortment of listings, you will probably recognize some that
will have a definite appeal to you. This is the first step to taking
off with your own business: knowing what you want to do. Beyond that,
if you have the fortitude to plow through the first few months, you
will ultimately be successful.
A number of these businesses will have you involved as a sales representative
of the company, working out of your own home. While many people feel
"turned off" by salespeople, remember the important part a salesperson
plays in any business.
A product usually has to be sold, right? There aren't many items that
you are tuned in to where you can walk straight into a store and pick
them out. Usually you hear about a certain product through advertising,
such as direct mail or a notice in a local publication. If it catches
your eye, you pursue it.
Believe it or not, you've just been "sold" that product. The person
responsible for marketing the product to an audience elected to attract
clientele through an advertising approach. This is selling, too!
Sales aren't just the slick folks in the automobile showroom who want
to know what it will take to get you in that car today. Selling is
the process by which a product reaches a consumer. It can take many
forms. If you have some preconceived ideas about sales right now, erase
them from your mind. Start with a clean slate by remaining open to
all possibilities in your home-based business.
After all, if you're marketing a product you would buy yourself, it
will be easy to convince others of its value. Since you're selecting
the right business opportunity, you'll unquestionably choose the business
that has the most appeal to you. Selling something you love almost
never feels like work or real selling!
HOW TO GET STARTED
If you currently have a job, you may want to break into your home-based
business on a part-time basis until you've built up a large enough
earnings base to leave. There will probably be no greater feeling than
when you walk out the door and into a business where you call the shots!
If you're between jobs, then by all means go at this full-force. All
you need to do is to contact the businesses listed here that interest
you and begin the process of determining if this is right for you.
There may be several opportunities here that are franchises. There
is no available data that says that electing to go the franchise route
to start your business has any lower success rate than beginning a
new business from scratch. Again, view these choices with an open mind
and investigate the opportunity thoroughly before making the commitment.
If you're working part or full time, you can be even choosier, perhaps.
Franchises are regulated by the Federal Trade Commission in Washington,
DC. If you have any questions, or you wish to order some of the publications
the FTC puts out on franchises, contact them at:
Federal Trade Commission
Bureau of Consumer Protection
Division of Enforcement
Pennsylvania Ave. at 6th Street, NW
Washington, DC 20580
(202) 326-2970
In addition, several states have agencies that specifically administer
their own state-specific franchise disclosure laws. This should be
part of your evaluation of these business opportunities. These states
are:
California Hawaii
Franchise Division Franchise & Securities Division
Department of Corporations State Dept. of Commerce
3700 Wilshire Blvd. #600 1010 Richards Street
Los Angeles, CA 90010 Honolulu, HI 96813
Illinois Indiana
Franchise Division Franchise Division Office of Att'y
Gen. 500 South 2nd Street
Office of Sec'y of State Suite E111
302 W. Washington St. Indianapolis, IN 46204
Springfield, IL 62706
Maryland Michigan
Franchise Office Antitrust & Franchise Off.
Division of Securities Office of Att'y General
200 St. Paul Pl. 20th Fl. P.O. Box 30215
Baltimore, MD 21202 Lansing, MI 48909
Minnesota New York
Franchise Division Franchise & Securities Div.
Department of Commerce State Dept. of Law
133 East 7th Street 120 Broadway
St. Paul, MN 55101 New York, NY 10271
North Dakota Oregon
Franchise Division Corp. & Securities Div.
Office of Securities Dept. of Insurance and
Finance 600 East Blvd. 5th Commission
Bismarck, ND 58505 Labor & Industries Bldg.
Salem, OR 97310
Rhode Island South Dakota
Franchise Office Franchise Office
Division of Securities Division of Securities
233 Richmond St. #232 118 W. Capitol Ave.
Providence, RI 02903 Pierre, SD 57501
Virginia Washington
Franchise Office Franchise Office
State Corporation Business License Services
Commission State Securities Division 1300 E.
Main St. 9th Fl. P.O. Box 9033
Richmond, VA 23219 Olympia, WA 98507
Wisconsin
Franchise Office
Wisconsin Securities Commission
P.O. Box 1768
Madison, WI 53701
As you can see, not every state has a franchise office regulating these
businesses. In that case, you can check with the Federal Trade Commission
(FTC) which acts as a national overseer.
You can also see if the franchise is part of:
International Franchise Association
1350 New York Avenue NW
Washington, DC 20005
6288000
This way you can see if the franchise you have an interest in is a
member of IFA. Members of this organization must meet stringent eligibility
requirements, especially regarding financial strength. They also have
several publications available on the various aspects of acquiring
and starting a franchise business.
You're ready to begin your search! The following pages will list a
number of opportunities. We hope one will be right for you!
THE TOP 10 WAYS TO MAKE MONEY AT HOME
- ANTIQUES
The buying and selling of antiques has been and should continue to
be a very productive business, financially, for those who do it. Here,
you only need an extra room in the house, or the use of your garage
- and you have an office!
If you have a large home that has some antique furnishings, you might
consider turning it into a showroom for your antique acquisitions and
sales, providing you satisfy any local zoning regulations. The interest
in antiques will survive into the foreseeable future. Many people choose
to spend their free time on the weekends "antiquating" from place to
place to try and pick up a few odds and ends and maybe a jewel or two.
If you know anything about antiques, this may be a great opportunity
for you.
For more information, check out the book, "Buying and Selling Antiques",
by Don Cline and Sara Pitzer. Your local library may be filled with
other publications on this subject which can get you started quickly.
Your only overhead may be inventory and advertising!
- BAKING
Have you ever been told that you have a recipe which people would line
up to get if they could? Have you ever had anyone tell you that
you should be selling those cupcakes you make? There are a number of
success stories about people who have launched successful businesses
by cooking at home and then marketing to local people first. Word of
mouth on a good product may start to get restaurants or bakeries interested
in acquiring your culinary masterpieces. Then you progress to selling
them state-wide and presto! A winning home-based business!
For more practical advice on the assorted aspects of setting up a specialty
foods business, you should contact your local U.S. Department of Agriculture
Home Extension Agent in your county. Since every U.S. county has such
an individual, that person shouldn't be hard to find!
- BED AND BREAKFAST PROPRIETOR(S)
Have you ever stayed in a bed and breakfast and thought, "Hey, I can
do this!" You probably went on vacation and simply chalked your thought
up as one of those pipe dreams people get when they stay in a beautiful
spot.
Don't toss that thought away! While it's not easy work, as the hours
can be long and it's usually a seven days per week business, it's often
something that you can work into a daily schedule. After all, it's
merely an extension of doing the housework for family, right? More
and more Americans are taking after Europeans and opening their homes
to travelers. If you have an extra room or two now that the kids have
moved out, you can start a bed and breakfast in your own place!
Bed and breakfast popularity will continue as more and more vacationers
and business travelers seek a different accommodation away from the
predictability of the average hotel room. If they enjoy their stay,
many become "repeat" customers, coming back to the same familiar surroundings
time and again.
If you don't need to do any major renovations in the house to accommodate
this type of establishment, you can be off and running with very little
money invested, other than advertising and some new "guest room supplies".
If your dream is to buy a bed and breakfast somewhere in a vacation
paradise, there are houses for sale that will probably work for this
purpose.
Whatever your design, there are several good books on the subject of
starting your own bed and breakfast, including "Start Your Own Bed
and Breakfast", by Beverly Mathews. Your local library should have
a nice variety of such books to choose from.
- CHILD CARE
Due to the financial pressures many families face today, many parents
work outside of the home to bring in enough income to pay daily living
expenses. A single parent is obviously working, but all too often both
members of a two-parent family are in the workforce.
This creates a home-based opportunity. Children must be watched all
day if they're not in school, or for a brief time after school before
the parents finish work for the day.
Caring for one additional child may not be that lucrative, but taking
care of several children can certainly be a full-time, financially
successful business. Often, taking care of several children is made
somewhat easier as the youngsters will play together and keep busy.
You can do this at home for only a small investment in basic equipment
and toys for the kids, in addition to the advertising of your business.
There are several publications that address starting this type of business,
including "Family Day Care", by Betsy Squibb.
Another resource is the Day Care Council of America, 5730 Market Street,
Oakland, CA 94608.
- COMPUTER SPECIALIST
The advent of the computer age has changed the concept of self-employment.
Having a computer at home has opened a number of opportunities for
running your own business by utilizing this equipment. Companies everywhere
are "outsourcing" work that can be done by someone else on their computer,
out of their own home.
If you're not that familiar with a computer, there are many low-cost
(or free) seminars and classes that will teach you what equipment you
need and how to use it.
If you're a whiz in computers, you may end up working as a consultant,
writing programs for companies. If you're a beginner, you may find
yourself able to obtain work as a writer, using your computer to produce
copy that's easy to edit. You can also keep accounting and payroll
records for companies on your computer's database.
Word processing software can be used not only for writers but for those
that can offer secretarial services out of their house. Desktop publishing
software can allow you to do newsletters for businesses and other organizations.
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