Question by timoty: How much does a home-based online business earn? (on an average).?
I am talking about small home based businesses in USA, UK.
Best answer:
Answer by Dominique b
Here is the truth… there is no real answer to your question… earning potential depends on three things:
1. Your drive and passion working own own home business.
2. Your skill level- Your ability to market-and close sales
3. The amount of time you put into your business..
With my work at home business we don’t insult people intelligence.. we focus on facts…
What do you think? Answer below!
There are many different types of home based businesses, so it is difficult to say exactly.
Home based business range from small operations designed to make their owners a little on the side all the way to multimillion dollar a year enterprises.
Many home based businesses sell goods, i.e. books, toys, electronics, antiques and other collectibles.
Each one of these products, for example, have different suppliers and require different types of overhead to run the business. Also different areas of the country (US) have different averages due to the cost of rents and other overhead cost.
There are also home based business, such as graphic designers, affiliate marketing and others who have a completely different business model, and again their averages vary depending on location and other factors that affect businesses in their region or part of the country.
As a general rule, if you have a successfully home based business you can expect to live a middle class life style. If you are above average it may be possible for you to live upper class or above.
This depends on what you sell, goods or services, and how well you are at doing it.
Comment by Kelvin C — June 30, 2010 @ 8:46 am
It earns as much as you want it to earn, based on how much you put into it, if it’s in the current market trend and has great structure and support that backs you up all the way.
If you’re asking because you’re thinking about getting involved in one, I wouldn’t be surprised because more and more people are looking to join the on-line work from home businesses where they can enjoy tax benefits, flexible hours and the freedom of being their own boss while earning a residual income.
Not only is it a lifestyle and source of financial freedom, people are enjoying the added benefit of being able to be around their family more than if they were out “at” a job, something that is once again becoming important to society even though we all need that second income while raising our children.
If that’s something that you’re looking into, then start figuring out what the current market trend is, find something in that trend that excites you….something you’d really enjoy doing and start researching companies from there.
Of course, you want to beware of that “get rich quick” and “pay us this amount of money and we’ll show you how” sort of thing. Run Forest run! You know that’s gotta be a bad deal.
Of the companies that appear to be legitimate, check out what they’re offering you and if that fits what you want, and if it does, then look even harder – inside and out – at that company. Find out what kind of training and ongoing support they’ll offer you as well as that can be such a crucial point to your success.
Once you’re satisfied that everything is above board, then go for it! The trend is swinging very quickly to on-line home based businesses and it can be very lucrative, rewarding and full of extra benefits too numerous to mention.
Please visit my profile for more info.
Comment by Diva — June 30, 2010 @ 9:39 am
Hi,
I tried a method some time back when I was starting out. It used to make me around $300 per week. I haven’t tried it in some time, though I’m sure it still works as the method cannot dry out. Its VERY DIFFERENT from the other s*** stuff here like Paid-To-Click etc and it doesn’t require any money to start. Its all about ‘a creative technique’. Let me know if you are interested, email me @ kiworldtech@gmail.com.
Regards,
Kent
Comment by Transporter — June 30, 2010 @ 10:22 am
It’s impossible to answer your question. Since, it is a business and not a job, there is no salary. Your earnings depend upon your production. If you have the drive, brains, and proper market the earning potential is unlimited.
Take, for instance, the home-based business in which my wife and I are involved. There are over 145,000 people who have bought their own business and only about 30,000 actually working the business whose earnings vary from a few extra dollars a month to over $400,000 a month and everything in between.
Comment by Barry G — June 30, 2010 @ 10:30 am
here is a totally honest suggestion.
read read read, Gather all the info about the offering
Lately there are many concepts out there some of them are 70% margins where you can
Get your investment out in months. there are some that have concrete biz plans with sales projections of 150K a year +
Look for something that is substantial , no paid to click and email forwarding crap.
Better still talk to a consultant , they will help you sort stuff out.
I was looking for a home based business and I ended up buy a subway franchise
My consultant was free.
You can actually go to this site , they have a free book , but better still just call them and
Have a chat, they’ll tell you how to do the research
http://www.franchiseinc.com/ebook/page2/index.html
Comment by gods_chief_pilot — June 30, 2010 @ 11:12 am