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Recommended Books


Choosing the Business That's Right for You Using the Skills and Interests You Already Have
The Best Home Businesses for the 21st Century
Home-Based Business for Dummies
Best Home Businesses for People 50+
101 Best Home-Based Businesses for Women, 3rd Edition : Everything You Need to Know About Getting Started on the Road to Success
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Choosing the Best Home Business to Start

Q. I am hoping to start my own business and work from home. I have little money but I am willing to work hard in order to turn the business into a success. There are so many scams out there so I am confused as to what opportunities are available for me. What is the best business to start? - Loren (Texas)

Advice by Isabel Isidro

 

A. Dear Loren:

The best home business that you can be sure is not a scam is one that you start yourself. It 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:

Some other books that will be useful to you are:

Hope the above resources help!

 

About the PowerHomeBiz.com Guide:  

Isabel Isidro is the co-founder and VP-Managing Editor of PowerHomeBiz.com, an online magazine for home business entrepreneurs that provides guidance on starting, running and managing a home-based business.

 

The opinions expressed in this column are those of the author, not of PowerHomeBiz.com. Users should not treat the Guide's response as legal, accounting, or professional advice as all answers are intended to be general in nature. Such advice can only be properly given by qualified professionals who are fully aware of a user's specific geographical areas or circumstances, such as an attorney or accountant.

 

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