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Friday, July 17, 2009

Easy Extra Money Making Ideas


LOOK WITHIN


Do you have a talent that is valued by others?


If you are great with kids


consider providing child care. You may want to contact your local Department of Resources to learn about licensing requirements. Bright from the Start, formerly The Office of School Readiness is also a good source of information related to child care.


If neighbors and friends clamor for your cooking


consider catering. In these hurry up and rush days few things are more appreciated than a well-prepared meal. Increasingly, families are opting for personal chefs that prepare and store a week’s worth of dinners. You might also use your talents to help stage unforgettable parties. You will need to contact the Health Department to learn about licensing and inspection requirements.


If you missed your calling as a concert pianist


consider offering lessons.


If you are creative


consider making items that you can sell in boutiques or flea markets. Before you start, take a Saturday afternoon to peruse the markets and find the gaps. Ideally, your product will fill a gap rather than join an already crowded field.

If you are great with your hands


consider a fix it or home repair business.


LOOK AROUND


If you have a large store of items you no longer use


consider a yard sale.


If you notice friends lamenting a lacking service or product in your area


consider offering it.


If you have access to the Internet


consider one of the many advertised home based businesses. Be careful on this path, it is paved with many disingenuous souls that would have you believe you can get rich overnight. Do not share any sensitive information (such as credit card or social security numbers) until you are certain that you are dealing with a reputable business dealer. Also, be realistic about your expectations in terms of the time commitment and the potential for profit.
To increase your chances for success in your extra money making venture:


Explore these 3 key points as you develop your idea:


1. Demand: will you provide a service that is needed.


2. Ingenuity: what will make your product or service stand out for potential consumers.


3. Marketing: how will your intended audience learn about your great idea.


With planning and patience you can launch a thriving business or tap a new source of income in the evenings or on the weekends. Begin with a budget and a solid plan and end with a little extra cash in your hand.

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