Personal service businesses may require very little start up money. Do you like to shop? Become a personal shopper for busy executives. Are you good at organizing things? Become a professional closet organizer. Are you good with numbers and spreadsheets? You could probably do some basic bookkeeping for several clients. Other ideas would be housekeeping, landscaping and appointment setting.
If you choose to enter into a direct sales opportunity, be aware that many of these companies are those that encourage home parties for presenting the products to groups of interested people. Examples of direct sales parties that you may have have heard about or participated in would be costume jewelry, sterling silver jewelry, kitchen gadgets, travel discounts and pet supplies. Start-up costs for most direct sales companies will be less than $300. A small segment of direct sales, sometimes referred to as 'top tier', will have higher price points of entry. (Examples would be Liberty League, Wealthmasters and Global Resorts.)
Multi-level marketing companies distribute their products and services through independent consultants, sometimes called 'associates' or 'distributors'. Commissions are earned for retail sales, but the significant income is a result of residuals on the sales income of your entire organization. Learn how to create a down line of a thousand buyers and you will have created a full-time income. This has been a difficult feat to accomplish in years past, using only warm market prospecting; however the internet offers many new avenues for product sales and business opportunity seekers to enroll with you.
Network marketing business opportunities are available in many different flavors: nutrition/supplements, beauty/skin care, electricity providers, travel, pet food and related products, financial services and debt reduction plans, health insurance discounts -- there is even a healthy chocolate MLM company! The majority of the businesses do not require that you maintain an inventory; remember, though, that the income is based on sales and sales volume. Most will require that you maintain a monthly purchase amount of your own, in order to remain qualified for commissions. This monthly amount varies by company, but usually ranges between $50 and $150. Start up costs for most MLMs are less than $100.
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