Top Home Businesses: what’s available out there?

Apr 17
07:18

2008

Mike Muir

Mike Muir

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A series of articles to assist you in making the best personal choices.We will provide you with the information you need to make your own decisions.

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You want to work from home,Top Home Businesses: what’s available out there? Articles but are unsure of where and how to start. You search the internet, but are bombarded by so much information, that you are bewildered by all the options available to you.Let me reassure you: You’re not alone! There are countless people out there who  have been exactly where you are right now!

What you need to help you through this, is a systematic, step-by-step process to select what will suit you best, from the huge range of top home businesses available out there.

Step1. Complete a simple home budget to get an estimate of your monthly living expenses. Include all regular or fixed items, such as rent or mortgage cost, electricity, water, municipal taxes, and insurances.  Then list the more varied items such as food and allowances for telephone, medicines, and other variable expenses.Don’t forget to include an allowance for entertainment. (Yes – you still need to live!)

Finally, add a reasonable amount for regular savings – you must be able to put away a regular amount towards that “Rainy Day.”This exercise will give you a fair idea of how much income you will need, before you can afford to quit your job.

Step 2: Do some honest “Soul searching.”Ask yourself some questions. (Preferably discuss these with someone you trust and respect.) The answers will greatly affect your plans and course of action.

Question1: Why are you looking around for top home businesses? Possible answers might include: “I need more money – I can’t come out on my pay.” “I’m stuck in a dead-end job, so I’m bored and frustrated at work.”“There’s no security in this company and I’m afraid of retrenchment.”“I have personal/family reasons.” “I’m having a mid-life crisis!”Depending on your answer to Question1, ask yourself:

Question2:  Are you looking just for extra income, or do you plan to leave your job eventually, and work full-time from home?The answers to this question will have a marked effect on your personal strategy, motivation and commitment, so think this through very carefully.

Question3:  What skills do you have which might be valuable to you in running a business?Answers might include book-keeping, typing, computer literacy, wood-working, auto-repairs etc.In the next article, in our attempt to help you make the best choices in choosing from all the top home businesses which might be available to you, we’ll consider your interests, home, family circumstances and others.