2007-04-23 03:13:19 · 5 answers · asked by Alvin 1 in Business & Finance ➔ Small Business
The best business will depend on what you want, how you define to be interesting. A person may consider a pet sitting business to be the most exciting work in the world, while another person would rather watch TV than take care of dogs.
The key is to determine what your interests are, what you want to do, what is suitable for your lifestyle and your overall goals, and what can fit with your resources.
Dan Ramsey in his book "101 Best Home Businesses" has a chapter on how to find YOUR best home business. He suggests these 10 steps:
1. List 5 things you do best
2. List how others would benefit from what you do best
3. Find out how to give people what they want
4. Learn the value of your services to others
5. Find out who else offers similar services
6. Learn from the successes of others
7. Learn from the failures of others
8. Plan your own success
9. Make low cost mistakes
10. Enjoy what you do and how you do it
He then made suggestions on the best home businesses according to type. Here are a few of them:
Best Businesses Using Craft or Physical Skills
- antique restoration
- auto detail service
- carpet cleaning business
- errand/delivery service
- housecleaning business
Best Service Businesses
- bed and breakfast operator
- caregiver
- catering service
- senior day care center
- tutoring service
Best Professional Businesses
- desktop publisher
- magazine writer
- import/export service
- income tax preparation service
- event planner
Some other home business ideas:
Low Cost Startup Businesses http://www.entrepreneur.com/lowcostbusinesses/0,6617,,00.html
Top 10 Home Businesses with Rapid Break-Even Time http://www.powerhomebiz.com/vol33/breakeven.htm
10 Profitable “Go-Out" Home Businesses http://www.powerhomebiz.com/vol31/goout.htm
You can also check out the following books:
Turn Your Talents into Profits: 100+ Terrific Ideas for Starting Your Own Home-Based Microbusiness
The Best Home Businesses for the 21st Century
121 Internet Businesses You Can Start from Home
The Best Internet Businesses You Can Start
101 Ways to Make Money at Home
2007-04-23 03:23:07 · answer #1 · answered by imisidro 7 · 2⤊ 0⤋
1 - A business you are familiar with or can become familiar with easily. Hobbies are commonly turned into businesses.
2 - One that realistically you should have a good chance of succeeding in.
3 - One that you have the means for or can get the means of starting up.
2007-04-23 03:22:41 · answer #2 · answered by ba442 1 · 0⤊ 0⤋
Well where are you located, what kind of start up money do you have to invest, there are so many questions that you should be looking at answering. I work from home and love the products that I am selling. If interested check out my web site http://liquidity.myvoffice.com/phxcashmom/
2007-04-23 05:10:53 · answer #3 · answered by kjkemptx 2 · 0⤊ 0⤋
Open a library in your area, for new and old books
rent the books for small amounts
You will profit
2007-04-23 03:17:50 · answer #4 · answered by Syed M 3 · 0⤊ 0⤋
All I can tell you is make sure it's something that you will enjoy doing or most likely you won't be successful @ it. I'm not sure what your talents are so I can't really tell you what you should be doing.
2007-04-23 03:19:24 · answer #5 · answered by dvnlady 3 · 0⤊ 0⤋