Legitimate Home Based Business Ideas for Work at Home Moms
With the internet providing such a vast array of choices, you would think that finding a legitimate home-based business idea would be pretty simple. The reality is, there are hundreds and thousands of web sites with money making ideas. It’s enough to make your head spin. The majority of legitimate opportunities on the internet are direct sales companies and network marketing companies. In addition to these ideas, you might consider a simple service-based business.
Capitalizing on your own talents, skills or ideas, you can create just about any type of service business. Charge clients by the hour or by the job for things like dog walking, personal shopping, house cleaning, bookkeeping, closet organization, in-home child care, music lessons, math tutoring, landscaping and more. You may be able to start up a personal services business strictly by word of mouth. Start-up expenses may be no more than the cost of of your first batch of business cards.
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.
Multi-level marketing companies distribute their products and services through independent consultants, sometimes called ‘associates’ or ‘distributors’. Commissions are earned for retail sales, but the significant income is a result of residuals on the sales income of your entire organization. Learn how to create a down line of a thousand buyers and you will have created a full-time income. This has been a difficult feat to accomplish in years past, using only warm market prospecting; however the internet offers many new avenues for product sales and business opportunity seekers to enroll with you.
Although network marketing has suffered in the past from image problems, the business model itself is legitimate and legal in most countries. Network marketing business opportunities are plentiful and varied: wellness & nutritional supplements, make-up and skin care, travel, electricity providers, telephone services – I have even seen a healthy chocolate MLM company! (No joke) Start-up costs tend to be less than $100, but in some top-tier opportunities, it will be several thousand dollars. For the majority,there is no need to purchase and maintain an inventory; however most compensation plans will require a monthly personal purchase amount, in order to remain eligible for commissions.
Filed under: Home Based Business