Wanna Be a WAHM (Work at Home Mom)?
My article titled “The Possibilities and Pitfalls of Being a Work at Home Mom” was published in The Old Schoolhouse magazine in January 2008.
WAHM Article (in pdf format)
These sites offer ideas on work at home jobs:
My Small Business Startup Guide
Wanna Be a WAHM Presentation
A Business Plan
Every new business needs plan. The Small Business Administration has one that will get you started. SBA Business Plan
If you want something really simple. Grab a sheet paper and answer these questions:
- Idea: State in one brief sentence what you hope to do or sell. This is sometimes called an elevator pitch. If you cannot explain your idea within the time of a short elevator ride, you need to focus your “pitch”.
- Market: Who will buy what you’re selling? How will you reach them?
- Competition: Who is already out there selling? How are you unique?
- Price: What will you charge? Make certain you can cover you direct costs, indirect costs, your labor and some profit.
- Your qualifications: Do you need to learn more about any aspect of your business? Where will you go for help and information?
- Obstacles to overcome: List everything that can go wrong and solutions
I am happy to review your business plan for a reasonable fee of $50.00.
I also am available for phone or in-person consultations (in the Greater Cincinnati area) to help you in your business start up.
Contact me for a business plan review or consultation
Pitfalls to Avoid
If you sell a product you’ll have to deal with inventory and shipping or delivery. You can avoid inventory hassles by working for a company that warehouses inventory for you and ships directly to the customer like Pampered Chef and others.
If you sell your services you’ll have to deal with limitations on your time. You can overcome this pitfall by hiring employees, training others to do what you do or sell information (books, article, etc) about what you do. Its like cloning yourself.
Avoiding WAHM Scams
You know you’re just about to get scammed by a work-at-home ad when…
* The very first line states you can make hundreds of dollars a week working from home.
* There is no experience needed.
* You can work just a few hours a week and still make a bundle of money.
There are lots of CAPITALIZATION’S AND !!!!!! used.
* You read an extremely vague ad. You haven’t a clue what the business is about, but boy, could you be making the bucks.
* You’re asked to call a 900# for more information.
* For a fee, a company will send you a list of businesses that are looking for homeworkers.
* You are forced to make a decision immediately and are made to feel stupid if you say no to their offer.
* A friend, relative, acquaintance tells you to come to a meeting at their house. They can’t tell you what it’s about until you get there.