Three Home Based Business Ideas for Work at Home Moms and Dads

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Three Home Based Business Ideas for Work at Home Moms and Dads

Finding a way to create extra income from home can be confusing and overwhelming. There are dozens of work-at-home web sites with thousands of different money making ideas. Sorting through them all, you may soon decide that many work-at-home schemes are just that -- a scheme. Most of the truly legitimate home based business ideas will fall into one of three categories: Direct Sales, Network Marketing/MLM and Service businesses.

Personal service businesses may require very little start up money. Do you like to shop? Become a personal shopper for busy executives. Are you good at organizing things? Become a professional closet organizer. Are you good with numbers and spreadsheets? You could probably do some basic bookkeeping for several clients. Other ideas would be housekeeping, landscaping and appointment setting.

Direct sales opportunities are typically those that encourage hosting home parties. You may know a friend who does Pampered Chef or Tupperware. These would be examples of direct sales companies. Another type of direct sales business, called 'top tier direct sales', would be high ticket cost items, such as Wealthmasters International, Liberty League and Global Resorts. These types of direct sales products tend to work well with online internet sales systems. Direct sales will usually pay quite well on the front end of the sale and offer some type of residual income on those in your organization. Start up costs for the home party companies varies from less than $100 up to about $300. The top-tier direct sales companies have higher points of entry, usually in excess of one thousand dollars.

Network Marketing and multi-level marketing opportunities enroll independent distributors, sometimes called consultants, to sell products on which they earn a commission. Additionally, they receive commissions based on the sales efforts of people enrolled in their organization (down line). If you are successful in creating a large downline, the monthly residual income can grow into a full-time income. Additional compensation plan details vary with each company. As with direct sales, you need to have some comfort level with personal selling and networking. The internet provides a great way to locate other like-minded business builders. Contrary to what your upline might be teaching, 'warm market' is not the only way to grow your business rapidly. I personally recommend two different online systems to my new reps who express any interest in 'internet network marketing'.

Though some MLM businesses have suffered in the past from image problems, the business model itself is legitimate and the residual income has great potential. Network marketing business opportunities are available in various industries: health & wellness, beauty products & skin care, travel, electricity providers, telephone services - there is even a chocolate MLM company! (No joke) Little to no inventory is required; however most compensation plans will require that you maintain a monthly purchase amount, in order to be eligible for commissions. Start-up costs vary from as little as twenty dollars up to several thousand dollars.

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More About Cathy Yeatts.:
Before you start your new home based business, let me show you how to choose a top network marketing opportunity. Learn the foundational skills of internet network marketing and you will greatly improve your odds of network marketing profits and success.

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