Home Based Business Ideas for Moms

Saturday, May 10, 2014

Home Based Business Ideas for Moms

When a woman wishes to stay at home with her children, it can be difficult in terms of family finances. With the ever rising cost of living, it is often necessary for both parents to bring home a paycheck in order to make ends meet. Many of today's stay-at-home mothers, however, have found a way to have it all in terms of a career and caring for their children. Courtesy of home based businesses it is possible for women to do both without compromising one for the other. There are many different home based business ideas for moms, each with its own unique requirements when it comes to investing time and money.

Many moms can find it frustrating to find a rewarding job that will allow them to stay at home and care for their children while earning income for their family.

Deciding on a Home Based Business

When considering an at home business for moms, women will want to choose wisely. Like any traditional job outside of the home, home based business for moms can be difficult to balance with one's responsibilities as a mother. This is why it is important to choose a business that is best suited to the nuances of one's life and family. To do this, a mother should consider what is important in a home business. A common desire for moms is to have a business that offers them flexibility. It is often difficult for stay-at-home moms to work a traditional 9 to 5 schedule. Depending on the age of her children, a mom will need to work when time allows. For example, this may be when a baby is sleeping or while her children are in school. Another consideration is where she will work. Will the home based business be one that requires a quiet space, extra room for supplies, or simply computer access? One's ability to create an ideal work-space in a family with children may be a deciding factor when considering the various home business ideas for moms.

If you are a mom seeking a work from home opportunity, check out these top home based business ideas for moms:-

Licensed Day Care Center Operator

You'll need to deal with local day care licensing home business regulations, but if you can meet the requirements and this is a field you've already had experience with or were hoping to get in to, this home-based business opportunity could be the right one for you.

Making Gift Baskets

If you've got a flair for creativity, an eye for design and can work well with customers, this could be a great home-based business.

Mary Moppins Distributor or Affiliate

Mary Findley is a veteran cleaning expert and President of Mary Moppins Co. Mary’s expertise and experience led her to create a home business opportunity in distributing her line of environmentally-friendly cleaning products called the Mary Moppins Cleaning System that is steadily growing in popularity nationwide.

Pet Services Business

Moms who love animals should know there's a growing demand for pet services - everything from pet sitting while owners are on vacation to doggy day care, pet grooming, dog walking and other pet-related services.

Scrap-booking Business

Scrap-booking is a profitable business if managed and marketed in a proper manner. In this business, customers will provide you with pictures of birthdays, anniversaries and other memorable occasions and your task will be to decorate the memories in the form of a scrapbook. If you intend to make money in this business, you need to select the target market you want to cater to, and promote the business accordingly. Developing a website is also extremely important so that the customer gets to know the products you are selling.

Selling Homemade Baked Goods

If you're a mom with a culinary flair here's a story to give you ideas on selling your own homemade baked goods. Yummy! In line with that, you might also consider offering your services as a personal chef - much as Giada De Laurentiis of Food Network did before she became a TV sensation.

Image Consultant

An image consulting business could be the perfect home based business for those who have a knack for balance, color and psychological impact and a strong desire to help others achieve a positive image with their targeted audience.

Nanny Service

One nanny service I read about grew from a shoestring operation to employing 20 Nannies over a period of two years.

Independent Wine Consultant

If you're into entertaining and like to be the toast of a party, find out how becoming an independent wine consultant may be a vintage home-based business opportunity for you.

Online Home Business

In her 10 Reasons for Women to Start an Internet Business (And One Reason Not To) my guest Kathy Wilson says starting an Internet home-based business is one of the fastest and smartest ways women today can make money.

Direct Sales Business

You can make incredible money in direct sales, especially with a direct sales company that is new and provides a competitive compensation plan. Getting involved in direct sales will not only allow you to work from home, but it will give you a great social and direct network with other people in your business. It will allow you to enjoy fun social gatherings, classes, online events, and so much more.

Become a Blogger

Many stay at home moms are starting to make a career of blogging. If you have a hobby or passion and have a knack for writing than this might be a great home based business idea for you. You can generate income through affiliate marketing and advertising on your website from companies wanting you to review and blog about their products. By generating traffic to your site through social media and search engine optimization, you can earn great money while spending time with your family.

If you have the time and a little bit of money, these home business ideas may provide you with an alternative for trying to find a work from home job – by making your own work at home position operating your own home business.

Reference

1 comment:

UnknownJanuary 21, 2015 at 5:06 PM
Good article!! I am a student and get busy with my studies most of the time, but when I get some extra time I would like to surf on the internet and keep searching for the methods to make money from home, your article is really delivering such a pure way to begin and guiding the right path
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Easy Tips and Ideas to Start Business

Although anyone can start a business, many people fail because of a bad product or improper research. If you want to start your own business, you can improve your chances for success before you even begin. In order to make your business successful, start strong and make sure that your idea will hold out for the long haul.

Have a Good Product

Ensure that you plan to sell something useful. Although you may think that your product is important or special, that doesn't mean the general public will agree. Ask friends, family and strangers what they think of your product. If they don't seem that interested, ask them why. With their suggestions, you can either improve the product or scrap the idea completely. According to Brad Sugars of Entrepreneur magazine, most small businesses fail because they sold a product that didn't have an adequate market. This also applies to small businesses that provide a service. A lawn-care business might be useful for part of the year in a northern state, but it is in-demand year-round in the south. Consider whether people will actually want to use your service and get constructive advice from those not afraid to give their opinion.

Research Local Businesses

Research local companies before starting up your own business. This will not only give you an idea of the amount of competition you will have, but it will also help you price your product or service. If you're looking to start a wedding photography business, you may find during your research that the market is over-saturated in your area. If not over-saturated, you should contact each business and ask them for a price list. Alter your prices so you can stay competitive with the competition in town. Researching similar local businesses will also help you decide where to locate your business location. Try not to start up a store or office close to another business of your type. If your small business is located away from similar business types, this will cause locals to choose you over businesses that are farther away from where they live.

Get Professional Advice

You may know someone who has started their own successful business. Ask him for advice and listen to his stories of how he started his company. You may gain useful advice on the good and bad ways to start a business. Local entrepreneurs can also introduce you to local product providers or advertisers that you may not have met without their help. Accept any advice with open arms, especially if the advice is coming from someone successful in the area.

How to Calculate Business Start Up Costs

Starting a business in no easy endeavor. It takes a great deal of research, perseverance and hard work. While sweat equity will make your small business more successful, you will most likely need real capital to get the business started. Before you start raising capital and/or investing your own funds, the first thing you need to do is determine the total start-up costs.

Step 1

Determine your costs of sales. For most small businesses this means inventory, the cost of raw materials, manufacturing equipment, shipping, packaging, and warehousing. However, not all businesses sell products. In this case, the cost of sales is primarily the direct labor involved in making the sale. For example, to open a small shoe business entails purchasing enough inventory ($10,000) to stock the store.

Step 2

Determine professional fees. Planning your business structure, i.e., limited liability corporation or general partnership, means hiring an attorney. There may also be the need to pay an attorney for help with establishing trademarks, copyrights, and patents. In this scenario, that puts total professional fees at an estimated $20,000.

Step 3

Determine technology costs. Technology can greatly reduce the cost of labor for small business if used effectively. Most small businesses require computers, printers, cell phones, website development, Internet access, software applications, information security, data storage, and outsourced information technology (IT) consulting. If the cost of technology is $10,000 to start, add an additional $5,000 a year for maintenance (hint: maintenance is not included in start-up costs).

Step 4

Determine administrative costs. This varies with business types and may include items such as business insurance, office supplies, product packaging, parking, rent, express shipping, desks, chairs, fax machines, phones, or anything else necessary to operate the business daily. A good estimate for start-up administrative costs would be $5,000 for the first six months.

Step 5

Determine initial sales and marketing costs. Now that you have your product, you need to let folks know about it. Sales and marketing costs generally include marketing materials for presentations, printing stationery, business cards, advertising, trade show events, and public relations. These initial sales and marketing costs can add up to $3,000.

Step 6

Determine the wages and benefits needed to secure a staff. This includes employee salaries, benefits, workers compensation, and payroll taxes. Let's put the cost of wages and benefits estimated at $20,000 for the first three months of business.

Step 7

Add all costs associated with starting the business for a total. Be sure to only include business start-up costs that will be incurred in the first three to six months of operations. For this example, the calculation is: $10,000 + $20,000 + $10,000 + $5,000 + $3,000 + $20,000 = $68,000.

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Saturday, May 10, 2014