• Sarah Bull

The Best Ways for Women to Earn Income from Home During the Recession

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If you’ve always dreamed of starting a business, now might be the perfect time to get started. Even though we’re in a recession, people are still shopping and using services that they need. If you’re out of work or want to change jobs due to the recession, there are countless opportunities to explore right now. Below, find the resources and information you need to start working from home or running your own successful business.

Forming a Business Idea

Before taking any other steps, it helps to understand what goes into starting your own business. There’s a lot involved, such as researching the market, coming up with a business name and deciding exactly what product or service you’re going to offer. This process can be overwhelming, which is why a lot of would-be entrepreneurs never get past the first step. However, working with a mentor is a great way to get inspired while also taking action on your dreams.

Online Opportunities

After learning more about what goes into making money from home, you can start deciding what approach to take. For many women -- especially stay-at-home moms -- it makes the most sense to launch an online business. There are numerous opportunities to consider here, so you’ll need to spend a lot of time thinking about your strengths.

If you have marketable skills such as editing, bookkeeping, photography, sales or web design, you might consider becoming a freelancer. When you’re first getting started, you can find clients by browsing freelance job boards. Once you get established, you may find that you can get business simply by having your own website or portfolio that brings clients straight to you. If that sounds overwhelming, don’t worry; the experts at 8151 Marketing can help you create a fantastic website and provide excellent advice and guidance.

Becoming an ecommerce seller is another option. Although the recession has changed how people shop, it hasn’t put an end to online spending. In fact, a lot of products are considered recession-proof. Fulfillrite says that things such as baby products, pet care products, clothing and movies are still in high demand despite the recession.

Other Home-Based Businesses

Working online is great because you need little more than a computer and internet connection to get started. However, you can also provide in-person services from your home. This is a good option if you want to interact with customers one-on-one or if you have skills that don’t apply to an online business model.

If you’re good with animals, for example, becoming a pet sitter is a great idea. With a pet sitting business, you can have clients bring their pets to your home while they’re out of town, or stop by and spend time with pets in your clients’ homes while they’re away. Or if your skills align more with childcare, starting your own daycare is another way to boost your income.

Another idea is to become a tutor for students who need extra help outside of school. Tutors can help with math, english, science or any other subject. Some tutors meet with students at a neutral location like a library, while others may meet in their client’s home or even their own home.

How to Stay Productive and Successful

Whether you work online or provide an in-person service from your home, you’ll want to form good habits that help you stay on task and meet all your goals. For starters, Upwork suggests that you avoid multitasking, as it kills your productivity and hampers your creativity, while also increasing your stress levels. It’s hard to stick to one thing at a time when you work at home, but staying on task is easier when you go about it the right way. Establishing a solid work routine and starting your workday early will help.

Additionally, you can help your business succeed by keeping a workspace that’s separate from your personal life. Not only will this help you stay organized, it will also create a look of professionalism whether you meet with customers in your home or video chat with clients via a webcam.

For many women, working from home is the perfect solution because it provides flexibility and additional income. Even though we’re in a recession, it’s worth exploring a few of these online and in-person business ideas you can run from your home.

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