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5 Home Based Business Opportunities for Women

Whether you’re a stay-at-home mom, or just looking for extra money on the side, there are plenty of home based business opportunities for women.

Of course, any home based business opportunity can be successfully run by men or women. However, there are some types of businesses that are more popular with female professionals, and vice versa.

Below, I’ve compiled a list at some of the best types of home based business opportunities for women.

In no particular order, here they are…

Home Based Business Opportunity #1 – Medical Transcription

Even though medical transcription was mentioned in my article about home based business scams, there are some legitimate opportunities available.

A medical transcriptionist converts voice-recorded reports, into text-based reports to help keep patient data and other information up-to-date.

Although this is still a viable option, it’s worth mentioning that the improvement of speech recognition (SR) software has, in some cases, eliminated the need for transcription services.

On the other hand, many medical transcriptionists still provide additional services, such as proofing and editing the compiled text.

Home Based Business Opportunity #2 – Virtual Assistant

The beautiful thing about today’s technology, is that it allows many people within various professions to work from home (telecommute).
Online file-sharing services, virtual phone conferences and meeting platforms, VoIP services, and more have all made this more possible than ever. One of the most notable  services, is probably Skype, which allows anyone to communicate through voice or chatting through the program.

In general, virtual assistants provide administrative and/or creative assistance from a remote location. Most often, as you might have guessed, this is a home-based office.

Essentially, a virtual assistant is the digital equivalent of an office secretary.

Home Based Business Opportunity #3 – Copy Editor

Everyone could use a second pair of eyes to evaluate their work – especially folks that don’t consider themselves to be very good writers.

A copy editor works to edit and improve the overall formatting, grammar, style, and accuracy of text that’s been previously written by someone else.

This is the work that’s done BEFORE the text is typeset for printing or  proofread.

Usually, the only requirements to become a copy editor are excellent knowledge of the language they’re editing, the ability to spot errors in facts, the ability to think critically, attention to detail, and a sense of style.

Of course, staying productive is also a good ability to have.

Home Based Business Opportunity #4 – Ghost Writing

On the other side of the content coin, if you are a better writer than editor, you could take up a home-based career as a ghost writer for others.

Ghost writing could involve writing anything from articles and blog posts, to white papers and editorial columns.

Some other types of projects you could take on as a ghost writer include stories, reports, autobiographies, songs, etc.

In some cases, you might be given an outline to work from. Other times, you’ll be asked to do additional research and, basically, write for the project from scratch.

Home Based Business Opportunity #5 – Consulting

Everyone has something they’re especially good at…

If your knowledge and talents are in-demand and provide value to others, chances are you could offer your time as a consultant.

If you are especially good at developing time-management systems and/or organizing space, there are many people that could benefit from such knowledge.

In most cases, there are two forms on consultants:

1. Internal Consultant – One who works with a specific company, but is also available for outside clients.
2. External Consultant – One who employed externally by a firm or agency, and is hired on a temporary basis.

The basic idea of hiring a consultant, is to get access to proven expertise on a specific topic or area of interest.

Here are some other ideas for areas one could become a consultant in:

1. Accounting
2. Childbirth
3. Party Planning
4. Decorating
5. Dieting
6. Beauty
7. Advertising
8. Home Improvement
9. Human Resources
10.Stress Relief
11. Wedding Planning
12. Time Management

The possibilities are endless!

Closing Thoughts On Home Based Business Opportunities For Women

The approach for finding an opportunity that’s right for you, is to look at what interests you the most. Additionally, look at previous positions you’ve held or what sort of lifetime experiences you’ve had that could make you more knowledgeable than the average person.

While researching home based business opportunities for women, you’ll find that there is certainly no shortage in potential careers – you just have to look!

Steve Anthony is a top earner with several Internet Business Opportunities. Steve shares his ‘tried and true’ experience in making money on the Internet, and how is replacing his 9 to 5 job, and 30 years in the Construction Industry. Steve’s passion is to positively impact tens of thousands of people who wish to replace their day job with a full time income the fastest way possible. He shares his true experience in his blog at http://steveanthonyinc.com/blog

More Home Based Business For Women Articles

Home based business

A home business (or “home-based business” or “HBB”) is a small business that operates from the business owner’s home office. In addition to location, home businesses are usually defined by having a very small number of employees, usually all immediate family of the business owner, in which case it is also a family business. Home businesses generally lack shop frontage, customer parking and street advertising signs. Such businesses are sometimes prohibited by residential zoning regulations.The prospect of working from home has gained credibility over the years. Home offices can now compete with small commercial businesses and save on rent in the process. Faxes, high speed internet connections, dedicated home telephone lines, and cell phones help to make a home-based business a reality. Earlier home businesses had been where families lived on the second floor of their house while converting the first floor into a store, whereupon close of business they would secure the first floor and retire to the upper floors. This type of home business is still done in some rural areas.The concept of homebased business, as opposed to the previous terminology of “cottage industry”, first appeared in 1978. The phrase was coined by Marion Behr, the originator of a study to find out what businesses women throughout America were carrying on in their homes. The preview edition of Enterprising Women wrote about the search to gather information pertaining to home workers throughout the nation. Numerous magazines  and organizations helped to disseminate information regarding the study. Ultimately 40,000 letters were received, many indicating the problems the respondents experienced while carrying on businesses from their homes. The problems were analyzed and confronted in two ways. In 1980 the National Alliance of Homebased Businesswomen was founded to combat the isolation expressed by the respondents as well as to fight the laws which made conducting their businesses difficult. Then Women Working Home: The Homebased Guide and Directory by Marion Behr and Wendy Lazar was published.It contained the stories of many women who ran home-based businesses throughout the country in many diverse fields, as well as information on business formation, conduct and compliance with the law. It sold 50,000 copies. During this time many national magazines wrote about these issues.At the White House Conference on Small Business in 1986, one of the major resolutions was a recommendation favoring lifting restrictions on home-based business.

In 1980 the National Alliance of Homebased Business women was founded to combat the isolation expressed by the respondents as well as to fight the laws which made conducting their businesses difficult. Then Women Working Home: The Homebased Guide and Directory by Marion Behr and Wendy Lazar was published.It contained the stories of many women who ran home-based businesses throughout the country in many diverse fields, as well as information on business formation, conduct and compliance with the law.

Different Home Based Businesses

Using the internet as a source of income offers you the flexibility to work whenever you want. Starting your own home based business do not need large amount of investment, but rather the right idea. If you are willing to give the required time and attention to your online endeavour, then you will become successful and you might even give up your low compensating regular job to really boost your earning.

After you have selected the home based business idea that uses the internet to generate profit, you need to devote to it all your time and attention. And when you are already selling, don’t be afraid to sell. Do not be shy about encouraging your visitors to purchase your products or services. Offer them an explanation on why your products are unique and what solutions they may present.
The internet is replete with home based business ideas but not all of them make money, even if they promise to. Some of the most effective home based business ideas are the following:

One of the most profitable home based business is affiliate marketing wherein you work to promote someone else’s products. But to do that you need to have a firm knowledge base of the different pricing models of the internet marketing.

Another effective home based business is blogging. It does not require any investment or any web development skills. The returns depend entirely on the quality of your blog. The quality drives an audience towards your blog which in turn brings advertisements. The advertisements are the source of profits.

Auction and eBay selling is also available but the investment is dependent upon the resources you have. One approach is to not make an investment in the beginning. You can try to sell all the things that you do not need any more.
Arts and crafts selling. One sells one’s own product range. The investment is dependent on the raw materials one needs for the product. And the returns will be huge if you sell exclusive and quality pieces of art or crafts.

To acquire the skills important in home based businesses like affiliate marketing and many more, be sure to join legitimate online job communities and companies.