E-Commerce Is Not The Only Home Business For SAHMs

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E-Commerce Is Not The Only Home Business For SAHMs

If you’re a new stay home mom (or dad) you have likely already found out that living in a one-income family isn’t easy. Inflation has made today’s dollar less valuable than it was just a year ago. You may be thinking about starting a new business, but you know that the e-commerce space is overcrowded. So, what are your options? That’s a great question and one that Work From Home Jobs is happy to answer in today’s post.

Getting Started

Before we dive into non-commerce options, let’s take a look at a few things aspiring business owners need to keep in mind before they get started. These include:

• Financing. Businesses can cost anywhere from zero dollars to hundreds of thousands of dollars to start. And, there are many fees you may not expect, according to Nasdaq. Finding the money you need isn’t always easy. However, there are plenty of loans and grants available. Be sure to fully understand the terms and conditions of any financing you receive.

• Structuring. All businesses have a structure. You can choose from sole proprietor, LLC, or corporation. Do your research on these, and choose the structure that makes the most sense for your type of organization.

• Time management. Importantly, you can’t forget to factor in how much time you have available. When you have children, especially babies and toddlers, the vast majority of your time will be dedicated to them unless you invest in childcare.

• Branding. No matter what business you are in, your brand is what identifies you to your customers and clients. Make sure that you stand out with a memorable brand that quickly showcases what you’re all about.

• Cash Flow. Managing your business’s income and expenses, your cash flow, is of primary importance. Seek out software with an API to retrieve bank account balance information. This will help you stay on top of your business’s financial position.

Business Ideas

The vast majority of new entrepreneurs use their existing skill set when deciding on an at-home business. But, there’s nothing wrong with taking this chapter of your life to start something new. A few smart options include:

• Travel agent. Are you obsessed with Disney? Been on more cruises than you can count? Launching a travel agency might be for you. Start by determining your niche, and then choose a name. You also have to write a business plan and learn how to market yourself.

• Virtual assistant. A virtual assistant is an individual that helps other business owners manage their schedules, communicate with customers, or plan travel and events. You can do this from home in your own time, such as when the kids are napping or on days they visit grandma.

• Online English teacher. If you don’t mind having to earn your teaching English as a Foreign Language teaching certificate, have a great internet connection, and are patient and compassionate, you can work as an independent contractor teaching English online.

• Life coach. A life coach is someone that helps others bring positivity to their own lives. If you’ve overcome adversity, such as breaking the cycle of addiction within your family or the loss of a child, and come out on top, then you may be able to bring your healthy attitude to help others. Being a life coach gives you an opportunity to serve your life’s purpose while supporting others in their endeavors.

Not including China, the world has around five million e-commerce companies—that’s a lot of competition. By contrast, other industries are much easier to break into. When you are a stay-at-home parent and need to earn an income, look for more unique opportunities that will help you do just that. Remember, only you are in control of your financial future, and there’s no reason you can’t get started even as you begin your parenthood journey.

This article is brought to you by Work From Home Jobs. For more information, please visit our website or contact us today!

​Guest Post by https://www.citebrain.com