Choosing A Business

The majority of people who have a home business started
from scratch. Creating a successful business requires
that you ask yourself "What will people pay for?" Market
research will help you find out, and that can be as simple
as asking prospective customers what they need and
investigating whether you can compete on price, service,
quality, variety and ease of use.

With these considerations in mind, here are six
possibilities for finding the ideal business for you.
You can:

Turn your favorite hobby or interest into a business
Find a need you can fill that's related to your interest.
Example: Someone nearing retirement and interested in
helping other senior citizens remain active could create
a counseling business, advising on how to enjoy retirement.

Turn your existing job skills into a business.
Accountants, communications specialists, graphic artists,
salespeople, teachers -- people from all walks of life --
can take their skills and reinvent them. Examples: A
secretary could start a secretarial service; a personnel
director could set up telecommuting guidelines for companies.

THE RIGHT BUSINESS FOR YOU

Solve a problem
People will pay to have someone do tasks they find
unpleasant or need help with. Examples: Errand runners
help thousands of people take care of their daily tasks;
someone who's dealt with a disease and recovery could
provide information and teach classes on coping.

Use a hidden or latent talent
Take notice of the talents you use without thinking.
Example: A great hostess never thought of being a party
planner until she threw a party for a friend. The friend
said, "That was so great, I would have paid for it."

Use technology and other resources you have around the house
Many people have created successful businesses with
equipment and technologies they already had around the
house. A sewing machine can be the key to an exclusive
dressmaking business. We even know two women in Texas
who use their washing machines to run a laundry service
for the crews of ships that dock in the local harbor.

Put what you know to work
You can turn virtually anything you know into a business
if enough people want to know it too. The author of 1,000
Adorable Names for Your Cat sold enough copies of his
book to start a pet-oriented mail-order company.

Good luck.


ABOUT THE AUTHOR
Hamoon Arbabi
Find more about Making money on the Internet, Online
business opportunities, Marketing tactics, Free services,
Free tools and... in http://homebusiness.nexuswebs.net