Sunday, April 10, 2011

What Direction Should I Take With a Home Based Business?


this is a guest post by a very talented writer
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These are just a few ideas to help you decide what direction you want to take online, for more ways visit http://www.mygoodkarma.com.
For all the latest Money Making Systems including Data Entry, visit http://jimdunlop.wordpress.com


You may have considered operating your own home based business on the internet before but were afraid of the hackers, fraud, scams or dodgy transaction systems. Well there is good news for you because it is possible to find a way of making a primary or secondary income from home without being cheated or scammed. Here you will find some of the most profitable work at home business models that do not require
much investment in order to get started. These are just a few of the many ways of becoming an online success:

1. Get involved in Multi Level Marketing (MLM).
Many companies distribute their products through multi level marketing plans and it is easy to get involved in one. Be sure to choose the MLM company wisely and make sure they offer products that are in demand and offer good commissions to their distributors. The quality of the companies support team should also be taken into account to ensure you aren't left out on your own and without any clue as to what direction you are taking with your business.

2. Sell products for other people as an affiliate.
This is an ever growing business online today and essentially you will be pre-selling products for other people. You don't have to store any stock, deal with transactions, refunds or any of the usual details associated with selling. You recommend products through a variety of methods and receive up to a 75% commission on each sale making t a very attractive way of attaining online success.
3. Feelancing from home.
There are thousands of opportunities to do freelance work for individuals and companies online. You offer your skills in areas such as article writing, web design, software development or coding and get paid for each assignment you complete. A lot of self discipline is required to become a freelancer but there will be no shortage of work. This may not be a viable option unless you possess skills in a specific area in high demand. Elance.com is a great place to start as a freelancer.

4. Data Entry.
Similar to freelancing but requires less expertise and skills. Companies pay you for completing office work such as form filling or transcription services. It can be difficult to find legitimate companies offering data entry work though and you need to do a lot of research on the companies offering the work and avoid paying for data entry work as many people do.
5. Ebay selling.
One of the best ways of making money from home without any specific expertise or skills other than computer skills of course. Maybe you have your own product or just 2nd hand goods from your attic. Put them up for auction or sale on eBay and you could become an overnight online success. Ebay selling may require you to store stock in your home though and this may not be suitable. Many eBay guides are available online that will teach you everything you need to know to start off selling.

6. Drop shipping.
Drop Shipping involves buying a quantity of stock from a wholesaler without storing the stock but instead transfer customers orders and shipment details to the wholesaler who then ships the goods to the customer. You are a middleman essentially and you will make profit on the difference between the wholesale and the retail price. This is becoming a very popular work from home option and you can use eBay to sell goods.



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