The Best Home Business for Women - 2017 and Beyond

byKezqb

370 followers

Updated 6 years ago

What is the best home business for women? There are thousands of home based business ideas and opportunities, both online and offline, that women can start or draw inspiration from to start their own. For me, the best home business is one that has the following features.

Key features of the best home business

At the outset, let me say that exercising due diligence and knowing exactly what you want to achieve with your home business goals should guide you. Here are ten (10) key considerations to determine the best home business for women.

1. The business must involve little or no major start-up capital and low overhead costs in the long run;
2. A flexible business that you can determine the times you want to work;
3. The return on your investment of time, money and efforts must be high - high profitability;
4. You must be able to build and grow the business easily without any major business risk;
5. It must be in an industry that remain strong during tough economic times;
6. The business must be 'evergreen' with potential for growth far into the future;
7. A business that you will continue to earn passive income for once-only work;
8. You will not be limited to a physical location to run the business but can work from anywhere in the world;
9. Scalability - the ability to sell higher volume to meet customer demand and increase profits whilst maintaining minimum cost; and
10. A business that you can start with no particular skills or experience and there are learning resources and business platform easily accessible to get you started.

With these considerations, I have decided that an internet business is the best work at home business for moms. I got all the training I need to get started here at Wealthy Affiliate.

The bottom line is to choose a business that makes you happy and satisfied with your life, and you make money in the process.

Online business in affiliate marketing

The internet is fascinating. It is consistently growing and it is here to stay. You will not go wrong settling for an online business. It is the best work at home business for stay at home moms.

There are various online business models, and the one that gets all the ticks for the key features above is affiliate marketing. Affiliate marketing is "a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals".

Website - your property on the internet

The key to a successful online business is having your own website on your own domain name. It is like your shopfront, your own property on the world wide web or internet.

When I first learnt this, it was intimidating. I didn't have any IT skills and I thought it would cost me so much money to hire someone to build a website for me.

I even resolved to creating free blogs on free blogging platforms, which I thought was much easier. Actually, I was squatting on someone else's property and they were making money off me.

I was wrong. Here at Wealthy Affiliate (WA), they provide the best all-in-one package platform, training and resources that teaches even complete newbies step-by-step how to build a beautiful-looking, mobile-friendly and revenue-ready website in less than a minute.

I also learnt that our website, with all its contents, is a digital property, a virtual asset that appreciates in value over time as we add content. Building your online business on your own property is the most productive and lucrative investment you can make. Start today and build your digital real estate.

How you will make money with your website

Before you even start, first define your core interest. What are you passionate about? What experiences do you have that you'd like to share with others? Your interest will then determine your audience.

Once you know your audience, build a website. You will be adding content to the website. Your content must be valuable to your readers, relevant to your topic and its providing information that is of value to the reader.

You can monetize your website in different ways, some of which are as follows:

• Placing Google Adsense or other similar advertising networks' advertisements;
• Referring customers through Affiliate programs;
• Selling Amazon products; and
• Selling your own products.

The key is content and here at Wealthy Affiliate, you will be taught how to build content with keywords, get search engine rankings and bring free website traffic to your website.

The growth potential of your business

You will never go out of business with an internet business in affiliate marketing. Why? Because you have 3.5 people online and counting. Millions of these people could be your potential customers. The growth of your business only depends on how much time, energy and effort you put in building your website.

The internet is growing at an unprecedented rate. So harness the power of this great technology, the world wide web, and start an internet business as your work at home business.

All you need is a computer, an internet connection, time, work and the passion for what you are doing. You don't need money to start. At Wealthy Affiliate, you start with free training.

My experience

I am a mom who works from home fultime for a year now. Prior to this, I had a couple of micro home businesses that supplemented my full-time employment income. I sold stuff on e-Bay, which was very profitable as I sold stuff that are considered trash. I am an independent distributor of health and beauty products of a network marketing company Pro-Ma Systems of Australia. I worked my way up to the highest Director position and built a downline organization. My love of colors led me to import dyes and tie dye sarongs, t'shirts and beddings and sell them. I also wrote on HubPages and promoted a few affilaite programs on my free Blogger blogs. My aim was to eventually work for myself, from home and earn sufficient income to quit my job.

As you can see, its a combination of online and offline home businesses. The highest capital outlay, time and efforts was done with networking marketing and tie dye, both of which were done offline.

I've now refined my expectations and direction for the future. I recognize too that I can't be the jill-of-all-trades in business but concentrate on one that I am passionate about and have the 10 features of the best home business for women, not only in 2017 but beyond.