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By Dan Ramsey
Publication by means of Ramsey, Dan
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Extra resources for 101 Best Weekend Businesses
Your Income and Expense Worksheet (see page 180) will help you determine how much of the money you make you can keep. Page 31 PART 2 HOW TO START THE RIGHT WEEKEND BUSINESS We've arrived. In Part 1 of this book you considered starting a part-time home business and analyzed your experiences and skills. You can now compare your self-analysis to 101 proven, successful businesses to find one that's right for you. The opportunities described in this section aren't theoretical. They are actual home businesses.
Is there a home business for you? Probably. You may have to search a little harder than the Nobel prize-winning-scientist-turned-consultant, but you can find a home business that fits you and your marketplace. What type of home businesses are successful? Here are some rules of business I've learned: Rule 1: Businesses that require large inventories of products cost too much to start and succeed. Find a business that serves others with service or low-cost products. Rule 2: People don't buy things that don't give their lives value.
Know your assets. You may have more assets to start your cottage company than you realize. Besides your skills, talents, knowledge, experience and some savings, you may have another valuable asset: time. Make a list of these assets, including time available to you. When I started my part-time writing business many years ago, I wrote each morning before going to work at my regular job. I also wrote during my lunch hour. Step 5. Add real value. Whatever cottage you select, you must give real value to your service.