Start your own business

Whether these new ventures are inspired by stay-at-home moms looking to earn extra cash, young people starting their careers with their own businesses, previously employed middle managers, or just regular folks looking to increase their monthly income, many are finding themselves caught in the entrepreneurial spirit.

Wednesday 30 July 2014

Start your own business as a Antiques Dealer

Antiques Dealer

Start-up cost: $1,000–$40,000 (depending on how large you would like
your inventory to be)

Potential earnings: $35,000–$150,000

Typical fees: Varied; your pieces will sell anywhere from $10–$10,000
Advertising: Yellow Pages, community newspapers, direct mail, show
participation, a Web site of your own, possibly listing on
sites like Antiques.com, a large sign to advertise on outside
of home

Qualifications: Should be knowledgeable about antiques and pricing

Equipment needed: Credit card processing equipment, computer with high quality
digital camera and Internet access, printer, fax


Staff required: No

Hidden costs: Insurance, warehousing, packaging and shipping

What You Do to become a Antiques Dealer

Th e lure of the old and priceless draws many a sentimental customer into an
antique store, and you could start such a business with a dozen or so nice pieces
of furniture, some antique china, and lots of old books and toys. All of these
items tend to sell well, as they are collectible and worth increasingly more with
each passing year. You’ll need to develop a sizable stock or inventory of pieces to
sell, which can best be accomplished by combing thrift shops, fl ea markets, estate
sales, and Internet auctions on eBay, Yahoo!, and Antiques.com for the best and
most interesting old items you can find. Watch the newspaper for garage sales,
too. Sometimes people will unknowingly unload a fabulous antique at a steal of
a price.

Basically, you should keep in mind that your business will need to be run
just like any other retail establishment, which means you’ll need to price yourself
well enough to cover your operating expenses in addition to building a profit.
Folks will want to barter with you on price, so you’ll need to hold firm with your
price or raise your price enough to compensate for allowing customers to talk you
down the typical 10–15 percent. You can also choose to conduct online auctions
to automatically generate competitive bidding.

What You Need
It all depends on how you plan on growing your business. You can start off with
just a few pieces for under $2,000, and then add more accordingly. To really turn a
profit, you’ll want to start with significant inventory that will run you upwards of
$20,000. Look to earn $35,000–$150,000, depending on three things: location,
quality of product line, and price. Obviously, if you’re in a quaint New England
town, you might fare better than an antique shop in the middle of Kentucky. But
if you have antique items in high demand around the country, location won’t even
be an issue—and the sky’s the limit.
Keys to Success
It’s a competitive market, and too many well-intended entrepreneurs make the
mistake of thinking this will be an easy ride. If you are focused on high-end
antiques and have sufficient working capital to buy the kinds of pieces that will
build your reputation for the finer things, then you’ll have little problem making
a living. If, on the other hand, you choose to specialize in less-expensive antiques
and collectibles, you’ll need to round up lots of inventory because you’ll likely be
turning it around very quickly.

antique dealer, antique dealers, antique gun dealers, antique book dealers, antique car dealers, antiques dealers, antique dealers nj, antique map dealers, antique clock dealers, antique furniture dealers

Animal Breeder - start your own home business

Animal Breeder

Start-up cost: $10,000–$15,000
Potential earnings: $45,000–$80,000
Typical fees: Often $200–$600 per animal
Advertising: Breeding magazines and shows, newspaper ads,
networking, Web site

Qualifications: Knowledge of specific animal breed, familiarity with breed

standards; a permit will likely be necessary as well (check
with your local zoning board)

Equipment needed: Cell phone (with or without hands-free accessories),
computer with Internet access, fax, printer, business cards,
letterhead, envelopes

Staff required: No

Hidden costs: Home kennel and breeding area (check with your local
zoning board for permit fees)

What You Do
Dog and cat shows are more popular than ever. All you need is cable television to
witness the craze. But where, besides the highly undesirable “puppy mills,” do the
most beautiful breeds come from? If you have a passion for purebreds, becoming
an animal breeder might be just what the veterinarian ordered! Once you pick a
breed in which to specialize, you will need to build a small kennel and breeding
ground and find your prize-winning bitch or stud. Th en you will advertise your
breeding service. You may also decide to find a suitable breed match for your initial
animal and sell their off spring to smaller pet shops or directly to the new pet owners.
Once you become known as a breeder, you will be able to quickly and easily
connect with breed lovers via shows and the Internet.

What You Need
A cell phone will probably be your most important piece of office equipment,
along with e-mail for communicating with distant customers and contacts. A good
computer with a high-resolution digital camera will also help you showcase the
animals you are offering for sale.

Keys to Success
Th e most important asset you have is your breed. You will constantly need to protect
the integrity of the breed characteristics, so your animals cannot be bred with
just any other of its species. What will help you the most to grow your business
is for your animals to win major show titles, so that their off spring become more
valuable due to their lineage. Like the many animals you’ll breed, this business
will take time to grow.

Tuesday 10 June 2014

Apartment Preparation Service


Start-up cost: $500
Potential earnings: $20,000–$30,000
Typical fees: $50 and up per apartment
Advertising: Yellow Pages, direct contact with apartment owners,
banner ads at Web sites such as Apartments.com or
ApartmentFinder.com
Qualifi cations: Knowledge of cleaning procedures and painting skills
Equipment needed: Cleaning supplies, sweeper, mops, buckets, painting
equipment, cell phone
Staff required: No
Hidden costs: Insurance, equipment maintenance
What You Do
You add the fi nishing touches to apartment buildings before the next tenant moves
in. To increase your marketability, off er several services, including carpet cleaning,
wall washing, painting, wallpaper repair, and overall cleaning services. Set fee
schedules appropriately depending on individual services (or off er an all-inclusive
package price). Advertise your services to many apartment complexes. To cut
down on driving, try to get a contract with a multiunit apartment complex that
off ers short-term lease options.
What You Need
Invest in good-quality cleaning equipment, including a sweeper and carpet cleaner.
Start-up costs can be as low or as high as you want, depending on what services
you are going to off er and the quality of equipment you purchase. Th is business
can be started for a relatively low cost with high return on investment. Keep a cell
phone with you so that you can easily respond to your next customer.
Keys to Success
Th is business is not for someone who is afraid of using good, hard elbow grease.
Be prepared to encounter some messy situations. An apartment preparer might
spend quite a bit of time on their hands and knees cleaning baseboards and fl oors.
Consider the health of your back and always wear a back brace. In addition, invest
in a good pair of kneepads and rubber gloves.

Antiques Dealer

The lure of the old and priceless draws many a sentimental customer into an
antique store, and you could start such a business with a dozen or so nice pieces
of furniture, some antique china, and lots of old books and toys. All of these
items tend to sell well, as they are collectible and worth increasingly more with
each passing year. You’ll need to develop a sizable stock or inventory of pieces to
sell, which can best be accomplished by combing thrift shops, fl ea markets, estate
sales, and Internet auctions on eBay, Yahoo!, and Antiques.com for the best and
most interesting old items you can find. Watch the newspaper for garage sales,
too. Sometimes people will unknowingly unload a fabulous antique at a steal of
a price.
Basically, you should keep in mind that your business will need to be run
just like any other retail establishment, which means you’ll need to price yourself
well enough to cover your operating expenses in addition to building a profit.
Folks will want to barter with you on price, so you’ll need to hold firm with your
price or raise your price enough to compensate for allowing customers to talk you
down the typical 10–15 percent. You can also choose to conduct online auctions
to automatically generate competitive bidding.
Start-up cost: $1,000–$40,000 (depending on how large you would like
your inventory to be)
Potential earnings: $35,000–$150,000
Typical fees: Varied; your pieces will sell anywhere from $10–$10,000
Advertising: Yellow Pages, community newspapers, direct mail, show
participation, a Web site of your own, possibly listing on
sites like Antiques.com, a large sign to advertise on outside
of home
Qualifications: Should be knowledgeable about antiques and pricing
Equipment needed: Credit card processing equipment, computer with high quality
digital camera and Internet access, printer, fax
The 200 Best Home Businesses 9
Staff required: No
Hidden costs: Insurance, warehousing, packaging and shipping
What You Do
Th e lure of the old and priceless draws many a sentimental customer into an
antique store, and you could start such a business with a dozen or so nice pieces
of furniture, some antique china, and lots of old books and toys. All of these
items tend to sell well, as they are collectible and worth increasingly more with
each passing year. You’ll need to develop a sizable stock or inventory of pieces to
sell, which can best be accomplished by combing thrift shops, fl ea markets, estate
sales, and Internet auctions on eBay, Yahoo!, and Antiques.com for the best and
most interesting old items you can find. Watch the newspaper for garage sales,
too. Sometimes people will unknowingly unload a fabulous antique at a steal of
a price.
Basically, you should keep in mind that your business will need to be run
just like any other retail establishment, which means you’ll need to price yourself
well enough to cover your operating expenses in addition to building a profit.
Folks will want to barter with you on price, so you’ll need to hold firm with your
price or raise your price enough to compensate for allowing customers to talk you
down the typical 10–15 percent. You can also choose to conduct online auctions
to automatically generate competitive bidding.
What You Need
It all depends on how you plan on growing your business. You can start off with
just a few pieces for under $2,000, and then add more accordingly. To really turn a
profit, you’ll want to start with significant inventory that will run you upwards of
$20,000. Look to earn $35,000–$150,000, depending on three things: location,
quality of product line, and price. Obviously, if you’re in a quaint New England
town, you might fare better than an antique shop in the middle of Kentucky. But
if you have antique items in high demand around the country, location won’t even
be an issue—and the sky’s the limit.
Keys to Success
It’s a competitive market, and too many well-intended entrepreneurs make the
mistake of thinking this will be an easy ride. If you are focused on high-end
antiques and have sufficient working capital to buy the kinds of pieces that will
build your reputation for the finer things, then you’ll have little problem making
a living. If, on the other hand, you choose to specialize in less-expensive antiques
and collectibles, you’ll need to round up lots of inventory because you’ll likely be
turning it around very quickly.

Animal Breeder

Animal Breeder
Dog and cat shows are more popular than ever. All you need is cable television to
witness the craze. But where, besides the highly undesirable “puppy mills,” do the
most beautiful breeds come from? If you have a passion for purebreds, becoming
an animal breeder might be just what the veterinarian ordered! Once you pick a
breed in which to specialize, you will need to build a small kennel and breeding
ground and find your prize-winning bitch or stud. Th en you will advertise your
breeding service. You may also decide to find a suitable breed match for your initial
animal and sell their off spring to smaller pet shops or directly to the new pet owners.
Once you become known as a breeder, you will be able to quickly and easily
connect with breed lovers via shows and the Internet.
What You Need
A cell phone will probably be your most important piece of office equipment,
Start-up cost: $10,000–$15,000
Potential earnings: $45,000–$80,000
Typical fees: Often $200–$600 per animal
Advertising: Breeding magazines and shows, newspaper ads,
networking, Web site
Qualifications: Knowledge of specific animal breed, familiarity with breed
standards; a permit will likely be necessary as well (check
with your local zoning board)
Equipment needed: Cell phone (with or without hands-free accessories),
computer with Internet access, fax, printer, business cards,
letterhead, envelopes
Staff required: No
Hidden costs: Home kennel and breeding area (check with your local
zoning board for permit fees)
8 The 200 Best Home Businesses
What You Do

along with e-mail for communicating with distant customers and contacts. A good
computer with a high-resolution digital camera will also help you showcase the
animals you are offering for sale.
Keys to Success
Th e most important asset you have is your breed. You will constantly need to protect
the integrity of the breed characteristics, so your animals cannot be bred with
just any other of its species. What will help you the most to grow your business
is for your animals to win major show titles, so that their off spring become more
valuable due to their lineage. Like the many animals you’ll breed, this business
will take time to grow.

Monday 26 May 2014

Starting your own business as a Advertising Sales Representative

Advertising Sales Representative
Start-up cost: $2,500 and up
Potential earnings: $40,000–$150,000
Typical fees: Commission-only is standard and ranges from 5 to 25
percent
Advertising: Direct mail, small ads or classifieds in trade journals,
networking
Qualifications: Experience with an advertising agency or as a periodical
sales rep
Equipment needed: Basic office equipment, business cards, letterhead,
envelopes, laptop computer, cell phone (with or without
hands-free accessories)
Staff required: No
Hidden costs: Expect high phone bills and mileage expenses
What You Do
Th is business must be built on extensive experience in the field. Your expertise lies
in matching the need to the availability. If you know how, you can sell advertising
space in all publications to the advertisers who need it. Your job is to find a buyer
at a good price that might never have discovered this advertising venue unaided.
You’ll need contacts and experience to make a success of this enterprise, but room
exists for the independent rep and many earn $100,000 or more. Much depends
on the type of publication for which you’re selling ad space; for instance, if you’re
The 200 Best Home Businesses 7
selling ads in a trade journal or well-known national publication, your income will
be quite high. However, if you’re selling ads for a community newspaper, your
income may reach its peak at $35,000.
What You Need
Th e telephone is your major tool, and you may discover a great need for a cell
phone, particularly one with hands-free accessories (a necessity while driving
in some states). You’ll need access to reference books listing periodicals, rates,
and dates.
Keys to Success
If you love selling, this is selling in its purest form. No limitations bind you to one
focus, one time, or one perspective. Businesses need to advertise, and fi nding space
for their commercial messages can be a real challenge. Your services are the perfect
answer to their needs. Businesses’ penchant for doing the same things the same old
ways will be your biggest hindrance to getting new customers. Established agencies
are your competitors, and you will need to market your services vigorously.
Your best bet is to fi nd a few really good “anchor” customers who will advertise
on a long-term contract, then go after the smaller fi sh.

Starting a Advertising Agency home business

Advertising Agency

Start-up cost: $7,000–$20,000
Potential earnings: $35,000–$75,000
Typical fees: $75–$150 per hour, a monthly retainer, or a per-job basis
Advertising: Networking, ads in trade publications, participation in
local chamber of commerce, and a Web site that is a true
showcase of your company’s talents
Qualifications: Knowledge of design, layout, and typography; writing
skills; experience working with businesses on brand and
identity development
Equipment needed: Cell phone (with or without hands-free accessories);
computer with Internet access and full suite of presentation
and design software; high-resolution color printer,
scanner; digital camera; fax; copy machine; business cards;
letterhead; envelopes
Staff required: No
Hidden costs: Your high-end Web site will definitely cost you some
money to design and host, but it’s worth its weight in
gold for helping you quickly secure a high profile in the
marketplace
What You Do
You’re probably not going to be doing the Cadillac ads for General Motors in
the beginning, but if you are motivated and highly skilled you can build up a
home-based ad agency serving clients in a specialized area. To get a foothold, you’ll
need to have at least some experience from a larger agency or a list of potential
clients who already know you and your work. Your participation in activities such
as indoor soccer or squash, etc., could be your lead-in to a small but profi table
market. Or you could specialize in one type of store, one product, or a type of
service. You will get to know your client organizations well, and you will draw on
all of your creativity, both written and graphic. New ways of getting a commercial
message out to the public, including targeted e-messaging, high-end Web sites
The 200 Best Home Businesses 5
with e-commerce and exciting new brand-building capabilities are revolutionizing
the advertising field, so creativity extends into the nature of the business itself as
well. Very few businesses can succeed without advertising in one way or another,
so your creativity and awareness of market needs has many possible customers.
You’ll need to educate your clients about the value of advertising, even when things
don’t seem to be going very well for the company. In fact, that’s when they need
you the most.
What You Need
High-end computers with the graphics and print-production software now available
enable small agencies to produce outstanding ads that once required an entire
art department. Setting up this equipment is expensive, though, and could cost
from $3,000–$5,000. Bill out between $75–$150 per hour, or determine your
rates on a per-job basis that takes into account how much work is actually involved
in the project. Many ad agencies also work on monthly retainers of $500 or more;
again, look at the workload and the time and expertise involved in each project.
For presentations, you might also find a laptop especially helpful, which could cost
another $2,000–$3,000.
Keys to Success
Advertising is a rewarding occupation because it relies so heavily on ideas and
inspiration, connected directly to business results. Successful ad agency personnel
(in this case, you) develop close relationships with their clients. You’ll be serving
an area or group that you know about and enjoy, and you’ll be using all of your
talents to do so. As a one-man (or one-woman) band, you must be able to do all
the facets of the advertising process, from sales to writing, design, and promotion.
But remember that it may also be very wise to partner with a good Web design
fi rm to add to your portfolio of services without adding a regular, full-time staff .
While this is a fun and always challenging business, its one downside is that the
pressure never lets up because the competition for clients can be shark-like.
EXPERT ADVICE
What sets your business apart from others like it?
For Carol Wilkerson, owner of Wilkerson Ltd., in Portland, Oregon, it’s
experience that sets her business apart: “I have over twenty-three years of experience
in advertising and public relations, and I have dealt from the bottom up with
any kind of promotional effort there is. Also, I’m small and selective about who I
work with, because I want to make sure I can really provide the top-notch service
the client’s looking for, turning things around quickly enough to keep them coming
back for more.”
6 The 200 Best Home Businesses
Things you couldn’t do without
Wilkerson’s business depends on a computer, laser printer, fax, telephone,
and overnight delivery services.
Marketing tips
“Before you start, determine what your strengths are and identify them for
your clients. You really run into problems when you start promising things you
really can’t do . . . you can’t fake knowledge and experience. Farm out what you can’t
do to others who can, and you’ll gain a lot more respect.”
If you had to do it all over again . . .
“Oddly enough, I didn’t promote myself well enough in the beginning . . .
I wasn’t a big enough cheerleader for my own business. It’s so ironic!”

Adoption Agency home business start up

Adoption Agency

Start-up cost: $5,000–$125,000
Potential earnings: $200,000–$600,000+
Typical fees: $12,000–$30,000 for each local and international adoption
The 200 Best Home Businesses 3
Advertising: Local family publications, adoption magazines, Web site
with photo-listing of Waiting Children and plenty of
adoption resources, banner ads on related Web sites of
interest, registration with search engines, referrals
Qualifications: Must be licensed by state and/or county
Equipment needed: Office furniture, phone, computers with Internet access,
letterhead
Staff required: Yes—will need at least one licensed social worker to do
home studies and possibly a team of folks to handle and
review adoption paperwork
Hidden costs: Notary services; postage; long-distance phone calls,
particularly to foreign countries
What You Do
For some, the dream of having a child in their family would never be realized
without the services of a qualified adoption agency. You can specialize in private,
local adoptions or include international adoptions from a list of specifi c countries
from which you’ve received permission to help place children in need of homes.
Whether the child is from China, Korea, India, Russia, or your home state here
in the United States, you will have to scrutinize potential parents through the
required home study process, match them with children who are the best fi t, then
off er counseling and support as the parents and child are united. You can also help
children born with special needs find the good homes they so deserve. Th is is a
business in which the blessings far exceed any financial benefits. Many adoption
agencies carry high overhead, so what seems like a fortune in potential earnings
can actually be off set a bit by the costs of staffing and running a busy agency. Still,
there are plenty of good reasons to choose this line of work, such as the more than
four million children currently residing in orphanages worldwide.
What You Need
You will need to staff an office with everything from people to computers, since
few hopeful parents would be willing to pay huge fees to someone who’s a sole
proprietor running an adoption agency out of his or her home. You need to instill
confidence in your abilities and qualifications from the outset, and then work hard
to keep your reputation intact in what can be a volatile business. It’s not unusual
for a birth mother in the United States to decide to keep her baby at the last
minute, leaving you and your client family back at square one.
Keys to Success
Reputation is everything in this business. You need to be honest and upfront with
your clients about all costs so that they don’t feel you are taking advantage of their
4 The 200 Best Home Businesses
emotional distress over not having a child. Keep posting new testimonials on your
Web site as you receive them—and don’t be afraid to ask for more. Better yet, create
a database of satisfied parents you’ve helped and who are willing to speak to your
prospects about how wonderful you are. Such a list is worth its weight in gold!

Accountant, Accountancy home based business

Accountant

Start-up cost: $3,000–$6,000
Potential earnings: $20,000–$80,000
Typical fees: $35 and up per hour
Advertising: Membership and active participation in community
groups, ads in newspapers and publications for local
fundraisers, referrals, possibly your own Web site with tax
preparation tips on it as a resource for potential new clients
Qualifications: CPA and some experience with services on which you
choose to focus
Equipment needed: Office area, furniture, computer, suite software, printer,
business cards, letterhead, envelopes, cell phone is optional
but handy
Staff required: No
Hidden costs: Errors and omissions insurance, subscriptions and
membership dues, continuing education
What You Do
Th is is a service that virtually everyone needs. Th e challenge is to show potential
clients how you can improve their lives by helping them manage their financial
affairs better. Th e two major approaches chosen by solo accountants are (1) to work
with individuals on tax issues and personal financial planning and (2) to serve the
burgeoning small business market with bookkeeping setup, payroll, tax planning,
and all the other financial activities that an enterprise requires. You will need to be
creative in distinguishing yourself from this rather crowded field. How are your
accounting services better than those of the other accountants in town? How can
you show an individual that you can serve him better than the big storefront operations
that prepare taxes for low fees during the winter and early spring?
What You Need
Will you meet clients in your office, or will you travel to their homes or businesses?
These decisions will control your start-up costs (which could be as little as $3,000).
2 The 200 Best Home Businesses
Keys to Success
Being an excellent accountant and being able to create a profitable business are
two different things. Th e people skills required have probably been completely
neglected in your education and possibly in your experience if you have worked
for a large firm. Gaining the confidence of potential clients is far more than simply
having excellent accounting skills up your sleeve, which is why an informative
company Web site might be advantageous for business-building, especially in the
beginning. You’ll need to find a way to present your services in a way that appeals
to people who want your help but don’t really understand how you can best help
them find ways to save money. On the downside, your services will be particularly
needed during peak tax preparation seasons; you’ll be busiest in December and
March/April.
EXPERT ADVICE
What sets your business apart from others like it?
Personalized service and affordable rates are what set apart Kelly M. Zimmerman’s
accounting business in Cuyahoga Falls, Ohio. “I take a genuine interest
in my clients’ businesses. I really care about whether or not they succeed.”
Things you couldn’t do without
Zimmerman says she couldn’t do without a computer, telephone, and
calculator.
Marketing tips
“Get involved in an organization that you believe in personally and where
you can also promote your business. Marketing for accountants is basically
word-of-mouth, so be sure to do everything you can to keep your current clients
happy. They’ll send you more clients if they know you’ve gone out of your way for
them.”
If you had to do it all over again . . .
“I would try to be more organized and focused on the types of clients I
really want to serve.”