CHECKLIST FOR A HOME-BASED BUSINESS
You've just received your next PCS orders to another station and you know that you'll have to quit your job, once again, which will put your career on hold.
Like most military spouses, you've had issues finding stable employment because of frequent relocations. But, there's a way for you to find gainful employment that is portable — home-based business.
Home-based businesses are the predominant form of small-businesses, reports the Small Business Association (SBA). In fact, two-thirds of all sole proprietorships, partnerships, and S Corporations are home-based businesses. And, if you have to relocate because of your spouse's PCS orders, you can take your business with you.
Here are some home-based businesses that are ideal for military spouses:
• Child care
• Color Consulting
• Lessons: art, music, crafts
• Word Processing
However, if starting a new venture in the middle of your busy military life is too much to bear right now, PowerHomeBiz.com has 5 ways you can begin your new home-based business without stretching yourself thin.
1.) Start your business on the side: Moonlight in your spare time while keeping your day job. Try to work on your business on the side until you have built up enough earnings to leave your full-time job.
2.) Get a part-time job: A part-time job can provide you with a base income, while you're building up your home-based business.
3.) Enlist the help of your family: Request help from family members to help support your family until the business starts to earn income.
4.) Never Burn Bridges: The right people can open doors for you. Any former employers, fellow military spouses, or friends can become potential clients for your business.
5.) Treat Your Business as a Work in Progress: Start your business on a slow path. Continue working on it everyday, and nurture the business. If you're lucky and diligent you will see your business grow.