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EIGHT IDEAS FOR PENNY AUCTION HOME BASED BUSINESS ENTREPRENEURS

Money is the primary reason why many people who want to have their own home based businesses are not taking action. The fear of failure and hence, loosing their money has made many potential entrepreneurs to put off the idea of home based businesses. If you belong to this group then don’t lose hope. There are several home businesses that require very low investment in terms of money and generate a substantial amount of income.

A few of these businesses can be started on a part time basis while others require to be operated on a full time basis.

The ideas are given below:

  1. Secretarial Service – There are several SME’s which cannot afford to employ full time accountants or secretaries or other staff required to assist them. If you have some skills in proof reading, accounting, data entry work or word processing, you can set up a successful home based business by having a computer system with an internet connection. You may also need a printer. Reliable and prompt service is what is expected from you.
  2. Consultant – If you are extremely knowledgeable or highly qualified in any field, then you can start a business in this form, from your house. There are several people who have enough money but don’t have knowledge or time to set up their home based business on their own. You can give professional advice to them for which you will get paid. Print a few business cards and pass it to people at seminars, meetings and community functions. Let every body know that you are available to give advice to them.
  3. EBay – Every body have heard about people who make a living by selling goods in eBay. People are making windfall profits by purchasing things at discount sales or garage sales or the flea market and auctioning them on eBay. You can also do the same, but you have to spend a lot of time on this. You can start by auctioning the discarded and old items that are stacked in your basement. Good customer service and honesty are necessary to achieve great success.
  4. Craft Making – If you are good artist and have the capability to make fancy items or crafts at home, you can use your talents to make fancy items and sell them at community gatherings and fairs. There are several people who make huge profits by producing unique products which are bought by rich people.
  5. Sales Representative for Avon – Avon is the largest seller of beauty products in the world. They mainly make products for women but started making products for men in the year 2004. Their beauty products are available in more than one hundred countries. You can become a Sales Representative for Avon and sell their products form home.
  6. Tutoring service – This is one of the easiest home business which can be initiated at any time without investing any money at all. The working hours and life style of today don’t allow parents to dedicate much time for tutoring their children.

Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.