Home Business 101 - Types of Home Businesses

Work from home opportunities can be categorized intocapture page, a "contact me" page and information
three groups:about yourself and your services (and testimonials if
Work from home "JOBS"you can get some).
Work from home BUSINESS7. Advertise in local classifieds - and in Craig's List
Work from home BUSINESS OPPORTUNITIES(your town - I'd direct responses to your site as
Work from home "JOBS"opposed to your telephone number).
Anything advertised as a "Work from home Job" is8. Get on Twitter, Facebook and MySpace and learn
synonymous with the word "CAUTION". There areto market your services on social networks (search
indeed "jobs" which you can do from home. They arethe net for FREE information on how to do it).
mostly of the telecommute type for local employers.9. Advertise in Google "Local Business" (don't bother
Best source - ask your own employer - ask a friend ifwith phone book - nobody looks there anymore). Hold
their employer has any telecommuting type jobs -off further paid advertising until you're making some
check the local papers, or even a local employmentmoney.
agency (be very careful about paying any fee in10. Make a list of all local businesses (or friends or
advance). "Work from home jobs" advertised on therelatives) that might need your service.
internet are often outright scams designed to get a11. Get some business cards to go with your sales
small registration or certification fee or some kind ofletter and get out and talk to people.
purchase from you without any real promise of a "job"Marketing and selling a Product is a little more complex.
in return. Here are a few offers to be especiallyYou are going to have to plan not only how to market
careful of:and sell, but how to deliver the product and receive
*Envelope Stuffingpayment. And, depending how and where you sell the
*Assembly or Craft Workproduct, collecting and paying state & local sales tax.
*Claim ProcessingThe 11 point list above is a pretty good start, but you
*Medical Billingwill need to add shopping cart to your website and
*Taking Surveys or Rebate Processingprovisions for payment (I'd suggest PayPal). Many
Here are some questions to ask if you are consideringpeople market and sell on eBay. It's pretty easy - get
a work at home job:an eBay account and go to it. And, depending on the
1. Exactly what will you have to do?product, don't overlook consignment at local stores and
2. How will you be paid - hourly, piece work or bybusinesses.
commission?Work from home BUSINESS OPPORTUNITIES Work
3. Who will pay you, and when will you get your firstfrom home Business Opportunities generally come
paycheck?from two sources; Affiliate Marketing and Multi-Level
4. Do you have to purchase equipment, goods orMarketing (also known as Network Marketing). Later in
products to resellthis series I will devote an entire article to each of
5. Is there an up-front cost to you like registration orthese subjects, but I will highlight some important points
training fee? (Very bad sign)here.
Finally, when it comes to work from home jobs, myAffiliate Marketing - is thought to be one of the easiest
rule would be "Never pay money to get a job". Likeways for a beginner to get into Internet Marketing. You
most rules, there are times to make an exception, butselect someone else's product to sell (check the
only with extreme caution.ClickBank Market Place and you will see hundreds of
Work from Home BUSINESS Prospects are a littleoffers), market it through Internet Marketing, Social
brighter here. Many people make a decent incomeNetworks, or even off-line methods. You direct the
pursuing a business from home.prospects to your website capture page - or direct to
How? Selling a service you (or others under you)the vendors site, where they take over the sales
provide, or a product of your own you can sell. Youprocess. If a sale is made you get a commission. The
can sell your service or product on-line (Internettrick is to select a product that is in demand by a lot of
Marketing, Ebay, Craig's List, etc.) or off-line (Classifieds,people, and is something you are knowledgeable about
Direct mail, Consignment, Networking, etc.).(passionate about would be better). This can be done
Don't know what Service you could offer? What areby keyword search, but more on that in later articles.
your skills? Here is a short list of skills that lendMulti-Level Marketing - is where you select a company
themselves to working from home:(who participates in MLM) and apply to be an
*ConsultantIndependent Business Owner (that's the usual term),
*Coach/Trainer (nutrition, life skills, financial, personallicensed to sell their products. Most of these
development, etc.)companies will provide a website where you can
*Copywriterprovide information about, and sell the product. Some
*Proof - readerprovide some training and a marketing system.
*Virtual AssistantIt is called Multi-level Marketing because you can recruit
I could go on, but you get the point. Out-sourcing tasksother people to sell for the company and you will
to someone who has skills they need, or who can do itreceive a commission on their sales as well as your
better and quicker, is a way of life for many smallown.
businesses or busy people. How do you market yourThis fact (and some very complex compensation
services?plans) has given Multi-Level Marketing in general a bad
1. Decide exactly what service you will provide andname which is - in many cases - well deserved.
what you will charge (tip - type in that service into"Scam" and "Pyramid Scheme" are names that come
Google search and see what others are offering).to many people's mind when Multi-Level Marketing is
2. Make up your "elevator speech" (a quick pitch youmentioned and this scares off many people from what
can deliver in 30 seconds when someone asks "whatcan be a legitimate (and profitable) opportunity.
do you do")The category (legitimate business or Pyramid Scheme
3. Flesh out that "elevator speech" into a sales letteror Scam) the company falls into can generally be
that sells the benefits of your service (not you or yourdetermined by two things; the cost value of the
service - benefits for your customer). Hire aproduct being sold, and more importantly the legal
copywriter to help in needed.definition of a pyramid scheme which has to do with
4. Create a workspace in your home and make surecompensation received for recruiting efforts vs. for
you have everything needed to deliver first classsale of Product. If you receive the vast majority of
service at hand and ready.your compensation in the form of recruiting bonuses,
5. Before you spend any more money or energy,you're probably involved in a pyramid scheme.
contact your local SCORE chapter and seek theAs with Affiliate Marketing, I will devote an entire article
(FREE) advice of an experienced Small Businessto Multi-level Marketing later in this series on Home
Consultant who can help guide you to success.Businesses.
6. Get an internet platform (website or blog) with a