Making Money At Home

http://edis.ifas.ufl.edu/ ( Publisher's URL )
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Material Information

Title:
Making Money At Home
Physical Description:
Fact Sheet
Creator:
Nayda I. Torres
Israel, Glenn D.
Katey Walker
Vervil Mitchell
Publisher:
University of Florida Cooperative Extension Service, Institute of Food and Agriculture Sciences, EDIS
Place of Publication:
Gainesville, Fla.
Publication Date:

Notes

Acquisition:
Collected for University of Florida's Institutional Repository by the UFIR Self-Submittal tool. Submitted by Melanie Mercer.
Publication Status:
Published
General Note:
"Publication date: November 1991."
General Note:
"He 7115"

Record Information

Source Institution:
University of Florida Institutional Repository
Holding Location:
University of Florida
Rights Management:
All rights reserved by the submitter.
System ID:
IR00002528:00001


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FactSheetHE7115 TheInstituteofFoodandAgriculturalSciencesisanequalopportunity/affirmativeactionemployerauthorizedtoprovideresearch,educational informationandotherservicesonlytoindividualsandinstitutionsthatfunctionwithoutregardtorace,color,sex,age,handicap,ornational origin.Forinformationonobtainingotherextensionpublications,contactyourcountyCooperativeExtensionServiceoffice. FloridaCooperativeExtensionService/InstituteofFoodandAgriculturalSciences/UniversityofFlorida/JohnT.Woeste,DeanMakingMoneyAtHome1 NaydaI.Torres,GlennD.Israel,KateyWalkerandVervilMitchell2Aslivingcostsincreaseandjobsdisappear,more andmoremenandwomenarelookingforwaysto earnextramoney.Itdoesnotmatterifyouliveona farm,inasmalltown,inthecity,or,whetheryouare youngorold.Ifyouhaveaskillorcanprovidea service,youcanincreaseyourincome. Whatareyourtalents,skills,orinterests?List everythingyoucandowellthatcouldbeturnedinto amoney-makinghome-basedbusiness.Then,do someresearch;readbooksonstartingabusinessand askyourcountyExtensionagentforadvice.CONSIDERTHESEIDEASHereareseveralsuggestionsotherpeoplehave successfullyused: Startanerrandservice. Workingmothers,twocareerfamilies,retiredpeople,andsomeothers areoftenwillingtopayforhelpwitheveryday errands.Youmightshopforothers(suchas gifts,groceries),returnbookstothelibrary,pick uplaundry,ortakesomeone'scartoaservice center. Helptravelers. Whenpeoplehavetobeaway fromhomeonbusinessorforvacation,theyare oftenwillingtopaysomeonetoprovidepersonal careandlovefortheirpetsandplants. Providepick-upanddeliveryservice. Ifyouhave avanortruck,useittopickupanddeliverbulky itemsforpeoplewithsmallcars. Takecareofchildreninyourhomeortheirs. Workingmotherslookforreliablepeopletocare fortheiryoungchildrenduringtheday.They oftenpreferthehomeenvironment. Providecareandcompanionship. Manypeople, suchastheelderlyorhandicappedpersonsneed helporcompanyduringtheday,eveningsor weekends.Familymemberswhoprovidecare maywishfor``time-off''andwanttohireyouto takeoversomeoftheresponsibilities. Providewordprocessingandotherofficeservices. Theaffordabilityandpowerofpersonal computersopensnewopportunitiesformaking moneyathome.Youcanpreparelettersand documents,maintainrecordsandbillaccountsfor otherbusinesses,provideaccesstonational computerdatabases,orprovidemanyother services. Startahomerepairandhomeimprovement service. Ifyouhavetheskills,peoplemaybe willingtohireyoutohelppaint,hangwallpaper, refinishfurniture,ormakeminorrepairs. Cookforspecialoccasions. Busyhostessesoften hirehelpwithfoodpreparationandservice.If 1.ThisdocumentisFactSheetHE7115,aseriesoftheHomeEconomicsDepartment,FloridaCooperativeExtensionService,InstituteofFood andAgriculturalSciences,UniversityofFlorida.Publicationdate:November1991.ThisdocumentwasrevisedfromHE7004. 2.NaydaI.Torres,AssociateProfessorandFamilyandConsumerEconomicsSpecialist;GlennD.Israel,AssociateProfessorandProgramand EvaluationSpecialist;KateyWalker,FormerAssociateProfessor,HomeEconomicsDepartment;andVervilMitchell,FormerAssociate Professor,HomeEconomicsDepartment,CooperativeExtensionService,InstituteofFoodandAgriculturalSciences,UniversityofFlorida, GainesvilleFL32611.

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MakingMoneyAtHome Page2yourcookingisthetalkoftheneighborhood,turn thattalentintoextramoneybycookingfor specialdinnersoratparties. Sewforpay. Useyourskillsatsewing,mending, oralteringtoincreaseyourincome.Thedemand fordressmakingservices,alterationservicesand othersewingisatanall-timehighinmany locations. Makedolls,playthings,homeaccessories,and giftitems. Useyourhobbyskillstodevelopa productyoucansell.Besuretheproductiswell designedandconstructedandhasareadymarket. Providehomedecoratingservices. Reupholster orslipcoverfurnitureormakedraperiesor curtains.Pieceandquiltacoverletormake decorativepillows.Doalltheerrandsassociated withredecoratingorhomeimprovement. Planandgiveparties. Youcanarrangethe wholeevent,orspecializeinprovidingaclown service,gamesorevenclean-up. Cleanhousesforothers. Manypeoplewouldbe willingtopayforregularcleaninghelp.Doyou washwindows?Othersemploycleaninghelpfor bigseasonaljobs. Putyourgreenthumbtowork! Workinyards, mowlawns,rakeleaves,plantflowers,ordoother outdoorchores. Amorecompletelistofwaystomakemoneyat homewillbefoundonthefollowingpages. Inadditiontothinkingthroughyourpersonal situationit'swisetoexaminethemarketforthe productorserviceyouhaveinmind.Trytofinda serviceorproductnotcurrentlyavailableinyourarea. Askyourselfthesequestions: Howaresimilarbusinessesinyourareadoing? Howisyourproductorservicedifferentorbetter thanyourcompetitor'sproductorservice? Whattypeofcustomersdoyouhopewillbuy yourproductorservice? Whatwillyouchargeforyourproductorservice? Willyoumakemoneyatthatprice? Canyouprovideenoughgoodsorservicesata highenoughquality? Ifyoucometoadeadendinyourplanningat thisstage,don'tjustgiveup.Consideradifferent productorserviceandcomeupwithanewplan. Ifyoucan'tsellyourserviceorskilloutright, barterforthegoodsandservicesyouneed.Bartering isexchangingyourskillsorservicesforsomethingof equalvaluefromsomeoneelse.Nomoneychanges hands,butbothpeoplereceivesomethingofvalue. Barteringisanage-oldsystemforgettingwhat youneedusinglittleornomoney.SUCCESSINWORKINGATHOMEAcombinationofskills,particularlycreative thinkingtoidentifyaproductorservicewhichmeets aneedinyourcommunity,findingwaystolet potentialcustomersknowyouhavetheproductor serviceavailable,maintaininghighquality,andselling forafairprice,areneededforsuccessinmaking moneyathome.Carefulplanningandrecordkeeping willalsocontributetoaprofitableundertaking.For additionalinformationonestablishingahomebased business,contactyourcountyExtensionoffice.STOPANDTHINKTheseideasforMakingMoneyatHomewon'tfit everyone'ssituation,sothenextstepisplanning. Herearesomequestionstogetyoustarted: Doyouhavethequalitiesyouneedtogeta businessstartedandkeepitgoing? Doyouhavesomeexperiencewiththeproductor serviceyouplantooffer? Howmuchmoneywillittaketogetstarted? Doyouhavesomemoneytoputintothebusiness andknowwheretoborrowwhatyouneed? Whatregulationsaffectthisservice?For example,aretherelicensingrulesorhealth regulationsyoumustmeet? Willyouneedmoreinsurance? Howwillitaffectyourtaxes?

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MakingMoneyAtHome Page3ADDITIONALWAYSTO MAKEMONEYATHOME AutomobileCareandMaintenance Regularlymaintaincars(weekly,biweeklyfor otherscheckoil,fluidlevels,tirepressure, wash,vacuum) Replaceautolights/wiperblades/fanbelts Changeoil Changetires Washandwaxcars/trucks/vans Cleanautointeriors Replaceautoupholstery Cleanvinylautotops HomeCareandMaintenance Cleaningservices,including: Floors(hardwood,tile,vinyl)orcarpets, Walls(painted,paneled,wallpapered), Cleanwindows/mirrors/lightfixtures, Polishbrassandsilver, Cleanandlinekitchencabinets,dressers andchestofdrawers Repairsmallappliances Upholsterfurniture Refinishfurniture Repairclocks Cleangutters Paint Minorplumbingrepairs Rewirelamps Hangpictures Hangwallpaper Hangcurtains,windowshades,blinds Organizeclosets Decorateforspecialoccasions(Christmas, parties) Sawingboardsforshelves HomeLaundry Washandfoldgarments/items Wash,foldandpressgarments Pressgarmentsonly LawnandYardCare Edgeormulchflowerbeds Trimshrubberyandprunetreebranches Rakeleaves Mowlawns Transplantshrubbery/flowers Sewing Makegarments Makedollclothes Mend/repairclothing Alterclothing Makedraperiesorcurtains Makepillows Reupholsterorslipcoverfurniture Needlework(knitting,crocheting,crossstitch) Makequilttops Quiltquilts

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MakingMoneyAtHome Page4 Makeandsellquilts Monogramandapplique Handsmocking Grooming Cuthair Hairbraiding HomeCooking Bakecakes,cookies,brownies Cater Gointoshut-inshomeandprepareahot meal Gardening(indoorsandoutdoors) Maintainhouseplantsonacontractbasis (water,fertilize) Sellproductsoutofgarden Sellspecialtyitemslikebrowneggs Growandsellfreshanddriedherbs Cutandsellfirewood Sellkindling Tendgardens Gatherandselldriedmaterials PersonalShoppingServicesForTheEmployed Buygroceries Buyhouseholditems Babysit Sitforelderly Careforchildrenafterschool TransportationServiceinaRuralArea Transportelderlyorchildrenofemployed parentstocommunityactivities,work, doctor'soffice,shopping,religious,business, schoolorsocialfunctions Umpire/RefereeLittleLeagueorChurchLeague Ball Computer-BasedServices Keepsubscriberlistsandprintmailinglabels Keepcustomerlists/informationfor businessesororganizationswhoneedmailing listsormarketinginformation Preparecustomizedsaleslettersformass mailings Providefinancialstatementsforbusinessesor individuals Performbookkeepingoraccountingtasksfor businessesorprofessionals(e.g.,doctorsor lawyers) Maintaininventoryrecordsforsmall businesses Searchdatabasestofindinformationfor students,researchers,candidatesforpublic office,oranyonewhowantit Preparemanuscriptsforwriters,speakersor students Prepare``fill-in-the-blank''contractsorlegal documentsforusebyrentalagents,lawyers, etc. Createcustomcomputerprograms(software) Createcomputergames Typesetheadlinesandcopyforprintersand smallbusinessowners Matchneedsforbarterclubs Maintaincardcatalogsofbooks,cassettesand recordsforlibraries,businessesand individuals

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MakingMoneyAtHome Page5 Tabulatepollresultsformarket-research firms,politiciansandmagazines Prepareitineraryandcostsfortravelclubs, businessesandindividuals Invoicecustomersforindependentsalesmen andsmallbusinesses Selltimeforotherstocomeanduseyour computertodotheirwork Monitoravailablehousing,locationandcosts forrentalagents,realestatesalespersonsand renters/buyers Maintaininventoriesofpossessionsof homeownersorbusinessesforinsurance purposes TeachSkills Tutorstudents Teachacommunityeducationcourse TeachCPR Substituteteach Givetennisorgolflessons MakeRepairs Repairtoys Repairbicycles PetCare Groompets Walkorexercisepets Boardpetswhileotherareaway Trainpetsforobedienceorotherskills PrepareGiftBasketsofAlreadyProcessedFoods Cheeses,jellies,crackers GiftWrappingandPackaging PackageitemstobemailedSOURCESBrannon,Evelyn. TenWaystoIncreaseYourIncome. CircularHE-346,AlabamaCooperative ExtensionService,AuburnUniversity,Alabama. Brown,Amanda. WaysToMakeMoneyAtHome. FortValleyStateCollege,FortValley,Georgia. Cassel,DanaK.``20WaysToMakeMoneyWith YourHomeComputer.'' WorkingWoman November,1984,pages50-59. Gibbs,JanetA.andWilliamA.Thomas. Home Businesscoursematerials ,GeorgiaCooperative ExtensionService,UniversityofGeorgia,Athens, Georgia.