5 Ways to Make Money at a Home Business

Teri Ann Renee Paisley, Gleaner Online Writer

The job situation in Jamaica has always been difficult often thousands of persons show up for limited positions and too many of our bright young minds remain unemployed. Although the government has several programmes including The Jamaica Employ, that are designed to combat this problem there is no doubt that the unemployment numbers are still too high.

Even those fortunate enough to get a job are not safe as downsizing continues to affect a large percentage of the population. So if you are at home and unable to work what options do you have to make money?

Well if you have been home longer than six months without finding meaningful employment its time to create your own job. Most Jamaicans regard being self employed as a risk but there ways to ensure your success. Here are 5 ways to make money at your home business:

1. Do your research. If your area has several of the same types of business then you will have to share your market. Try and find what service is needed in your area and then you can fill that need.
2. Get professional advice. You will also need a business plan if you are planning to apply for a small business loan. Join a professional body in your area and find mentors who have already become successful in your field for their advice.
3. Learn or Hone your skills. If you have identified what your community needs but you don’t have the necessary expertise then you need to spend the time and effort to learn it.
4. Network with friends and others in a similar position. Getting the word out about your new business is vital and will allow you to benefit from the support from family and friends.
5. Be careful of Scams. On a final note there are legitimate offers on the internet to earn money online while at home, however there are also a lot of scams so protect yourself by not paying out any funds before ensuring the security and legitimacy of the information presented on the website.

How do you earn money at home?

Tags: consumer, economy, increase