Low Cost Home Business Ideas

Thursday, March 02, 2006

Low Cost Home Business Ideas

by Norma Holt
Best Home Income Opportunities

Low Cost Home Business Ideas begin with you knowing exactly what type of business you want to set up. Most people who start a business online have a Company or product in mind. Some opt to promote their country or a resort in which they had a nice holiday.

Home business can be expensive, but there are businesses that don't cost much to start. Here are a few ideas.

One inexpensive way to start a home business is to set up a website. Some Companies have built a business around doing that for people like you. One such Company is Site Sell whose founder I bought one of my first books from to learn about Internet Marketing. He now promotes his books through an affiliate program called "5 Pillar Club" through which affiliates can both sell and buy goods. You become a partner in his business and the share is 50%. That means you can also get 50% off products once you are active in getting others to join your team. Its a win win situation.

The site you build can be used to sell a product or to give information. With an information site, you can make money by joining an affiliate program and there are literally thousands to pick from. I have identified what I consider the best on my web site and invite you to visit and examine the Companies listed therein.

Setting up a website can cost well under $100, and can even be free. I offer a free web site build for you in 24 hours through Stone Evans who has also written a free e-book of some 365 pages for instant download. It is titled Dotcomology and goes through the ins and out of building and advertising your site. It will help you avoid the traps and the mistakes that so many make when they set out on this venture.

You will inevitably spend a lot of time marketing your site. If you know nothing about internet marketing, there are websites and books that can help. Site Build It is one such place where you are treated to a stack of tools, a forum and all the information to be successful.

Another home business idea on a budget it selling at online auctions. If you start small, the cost in both time and dollars is minimal. Begin with items you don't want around your house anymore, or buy a few items at garage sales. Sell a product you make if that appeals to you. Eventually you can connect with a wholesaler, possibly one who will dropship items. This takes away all the work of wrapping and shipping your products.

Another way to sell at auctions is to sell other people's good and this Company, 'Freebay', will help you do just that. Currently over 430,000 people are earning a regular income on E-bay.

If you have typing skills, offer them to local businesses. Doing surveys on line is one such suggestion and Survey Scout or Survey Pass will help you out there. Often there is a need that is not obvious and these become 'niche' sites and this is a great way ot make a lot of money. Businesses can get buy cheaper paying you by the job than hiring an employee and paying benefits.

Consider tutoring on a subject you know well. This can be an academic subject or a creative subject, such as music. If you do this in your home you will have very little, if any, startup costs.

Think of what you know best and like to do best. Then find a way to offer these services or information to the public. Find a home business idea on your budget and start doing what you want to do. There is a lot of help out there and I have only given you a few ideas to start you off.