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Home Based Business Ideas For Moms – 5 Great Ideas

Many moms today are looking for home based business ideas for women to help bring in extra income into the home. Maybe you’re a parent struggling with the costs of raising children. Perhaps you’re someone who’s been recently laid off and struggling to find work. Even if you just want to make some extra money on a part-time basis working from home, there are many opportunities available. Let’s explore 5 great home based business ideas for moms.

1. Tutoring

If you’re degreed, have a skill or experience that others might benefit from, tutoring could be just the thing. Too often we think about tutoring only children or teenagers, yet adults and especially retired people are looking to improve their skills and learn new things. Many retired people want to learn more about how to use their computers and the Internet. If you are able to play a musical instrument you can teach the beginning steps to anyone! Stop thinking you need to be a “rock star” to teach beginners. This is one of the popular home based business ideas for moms. Whatever your skill, tutoring others is a great way to make money and make a difference in someone’s life.

2. Trendy Niche Products

These days kids are all about individuality. They want to stand out from the crowd to showcase their uniqueness. This is why they will pay huge money for unique clothing. Take a look at teenagers clothing today. It’s all a train wreck of colors and graphics. Buy a black T-shirt and some stencils, splatter some paint on it and write “work in progress.” You now have a unique and trendy, hot selling line of clothing you can sell online. This is one of the more fun home based business ideas for women.

3. Selling art, crafts and jewelry online

Are you the artistic? Put those artistic skills to use and sell your art online! You don’t have to be a Degas or Monet for people to buy your work. Take a look at etsy.com and eBay to see the large variety artwork, jewelry and crafts individuals just like you are making money with. Selling arts and crafts are great home based business ideas for moms, especially when you can get the whole family involved.

4. Freelance Writing

Freelance writing is a great way to make money if your good at writing. As long as your grammar and spelling are good, you can write on a broad set of subjects or, you can specialize in areas that you are very familiar with. You could write articles on the local arts and entertainment, travel, or create how-to books or e-books on technical subjects. In fact, there are many internet marketers who hire work at home writers to create blog posts and simple 300 – 500 word articles to help them boost their online content. Take a serious look at freelance home based business ideas for women.

5. Outsource

With the incredible growth of the internet, thousands of people are working independently for companies who outsource projects to individuals with skills in writing, graphic design, computer programming, web design, research and more. Sites such as Elance.com allow you set up a profile of your skills and then submit bids on job postings from companies who need the work completed. Outsourcing has provided several good home based business ideas for moms.

These are just a few of the many, many opportunities available for women, parents, students and just about anyone with enough desire, to create a successful home based business.

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Best Rated Home Base Businesses: What Business Is Right for You? Part 2

There is a lot of argument concerning what the best home based businesses really are. The fact is there are people making tons of money from home doing thousands of different things and following countless opportunities. The reason that over 97% of people fail at working from home is because most folks jump into the first reasonable thing that’s put in front of them without careful thought. Just because a system worked for someone else does not mean it is right for you. There are many skills, and environmental factors that must be considered.In part 2 of this article series we are going to look at some of the main home based business structures and the pros and cons of each one. This will give you some more guidance and get you closer to making the right decision to bring you home based success!In part one of my three article series titled Best Rated Home Base Businesses I discussed the four main personal considerations when analyzing a home base business opportunity. If you have not reviewed that article I would encourage you to do so. The next step is going to be to consider the different structures of home based businesses and likely pros and cons of each.The 5 Main Categories of Home-based Businesses 1) MLM (network Marketer) Pros: Low cost to join most MLMs, very flexible hours, pre-existing plan to followCons: Most MLM opportunities involve selling to folks you know, there is usually some ongoing financial commitment involved, to make money in MLM marketing you must build a team which can take months of hard work in most cases2) Home Based Franchise Pros: Franchises have a previously developed product or service, many allow an individual to input their own creativity and personal touch when running the business, most opportunities provide some kind of training and plan to followCons: Start-up cost for most safe franchises are high, many take a set of specialized skills to run3) Affiliate Marketing Pros: Many have a good income potential, there is a previously branded product or serviceCons: Many affiliate marketing opportunities come with little training or mentorship, “marketing” is the key skill necessary to succeed4) Online Business Pros: There can be major income opportunity online, very flexible hours, this is a type of business that most people can do around their current employment until they can afford to quite their jobCons: There are specific skills needed to be successful online, 97% of all online endeavors fail do to a lack of knowledge on the part of the entrepreneur5) Following Your Own Idea Pros: This can be the most rewarding personal experience; if one can brand their own product or service they can create substantial wealthCons: Most folks underestimate how much time, money, and work it is to get a “good idea” off the ground, there are many skills necessary to run a successful, unique home based businessI would encourage anyone looking into working from home to thoroughly look at the different structures of home based businesses and the pros and cons of each. To fail at working from home can be costly. Many invest countless dollars and time to eventually find themselves facing foreclosure and bankruptcy. I would encourage anyone who has a serious desire to work from home to take the time to consider all the possible options, talk to folks who are actually doing it, and consider the day to day work involved before making any decisions. In part 3 of this article series I will discuss some of the specific home-base businesses that you might want to consider.

Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

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