Home Businesses That Dont Cost You Any Peny?

If you think you need a whole lot of cash to start up your own home based business, or need to take a second mortgage on the house to realize your dream of becoming your own boss, you may want to think just a bit more and forget your preconceived notions about the subject.

The first thing you'll want to do is decide what type of business you'd be interested in, and also one that will turn into a substantial form of income in the near future. Most businesses can be easily divided into two separate types: those that sell a product or those that provide some kind of service.

Because of the need for inventory, the majority of home based businesses will fall into the service category, although there are still some that require carrying no physical inventory at all. These businesses are usually in the form of direct sales, which is not actually running your own company, but rather operating under another entity and then earning a commission from them. Or, there are also those that involve what is known as drop shipping in which the products or merchandise is shipped directly to the customer from the wholesale warehouse leaving the "business owner" to handle the financial end of the ordering process.

There are plenty of low or no cost start up home businesses in the service category, especially with the prevalence of the internet today, many of which are directly related to the personal computer, which just about most of us have today. Do you have a flair for the written word? Have you ever read something and thought to yourself, "Gee, I could have said that a whole lot better?" or, do you have a penchant for polishing resumes and business or cover letters? Or, what about data entry? If you're an excellent typist and have office skills you may want to consider starting a virtual assistant service.

Are numbers and figures more your type of thing? If you have the knowledge, consider becoming a tax preparer or offer accounting, bookkeeping, or transcription services, or do medical claims for doctor's offices. If programming, graphic design and desktop publishing are among your talents, your creativity and your computer are about all you'll need to get your business started.

If you are interested in a more people based type of venture, consider starting your own daycare at home, or offering shopping or cleaning services, run errands for the elderly, or begin your own dog or pet sitting business. All of these need no money up front, save for your transportation costs, unless you're planning on having a larger daycare that requires a license, or becoming bonded and insured. The key here is to start small but think big, since as soon as you begin earning money you can allocate a portion of it to expand and better your business.

Never forget the ever important aspect of bartering when it comes to starting up your own no cost home business for those things you may in fact need some cash for. For example, imagine you're starting your own business as a pet sitter but don't have the funds necessary to advertise or market yourself. However, you do know someone who is computer savvy and has the knowledge needed to not only create fliers and ads, but also knows how to tap into the internet for free advertising and marketing. In exchange for their know-how, you offer free pet sitting services and neither of you must spend any money, but both get something valuable in return.

The same theory could easily apply to a myriad of circumstances and ideas that are limited only by your own imagination and creativity. (R. Wilson)