There are many types of home based businesses that you can choose from. But if you are a pet lover then you might want to look at a home based business in the pet industry. This could be the perfect opportunity for you. You should love what you do and if you love pets then you should certainly be interested in starting a home based business in the pet industry.Before choosing any money making home business opportunity there are some questions that you will want to ask yourself. You don’t want to start any home money making business opportunities until you know certain things about yourself.Even though you love pets and have made the decision that you’d like to start a home based business in the pet industry, you will still need to identify certain personality traits in yourself – things that will determine in what manner you are most likely to be successful.These are basic questions that you need answers to before you start with any home money making business opportunities, even a pet business (or whatever particular type of business you opt for, based on your passions).One: What are your strengths and weaknesses?Two: Do you prefer to work alone or do you like working with people?Three: Do you want a money making home business opportunity that will allow you to work from your home without having to ever leave your home or would you prefer to get out and about, and even travel some?Four: Are you a self motivator? Do you have what it takes to make yourself a success no matter how long it takes you? Can you be patient and persistent?Five: Do you have any skills that will make you stand out among the crowd that you can use in your new business?Six: How much money do you have to start a business? Do you have some to use for advertising or do you need to start out with free advertising and then expand? Do you have the equipment that you need such as a computer and internet connection?These are just a few of the questions that you need to ask yourself before you choose any of the home money making business opportunities that may be available. Write yourself a list – include the above six questions, and also add any others you think may help you determine basically what all your strengths and weaknesses are and how you can best utilize them.You want to find the right opportunity for you and, as I said earlier, it’s by far preferable if it’s something that you love. So if you want to work with pets then your next step will be to find the right home based business in the pet industry to suit you. By determining the answers to the questions above you will know with greater certainty the type of home based business in the pet industry you’re looking for, and accordingly, have a significantly better chance of being successful with your business.
There is some confusion and overlapping in describing ‘home based businesses and ‘cottage industry’.A ‘home based business’ is a small business operation that is run by an individual (the business owner) from his home that doubles as an office. The strategic location reference to home can also be defined by have a small or core group of employees or assistants, mostly family members or close friends. Such businesses do not require formal office spaces or frontages, advertising or marketing signs and other essentials that govern a business office or enterprise. However, some home businesses cannot be conducted from certain residential areas especially apartments or shared accommodation because of certain laws and regulations.A ‘cottage industry’ is the name given to a system or operation that involves ‘production of products with tools and equipment individually owned’. Very often the products and components of a cottage industry are unique or hand-made or particularly distinctive in some way. Cottage industries are usually the way to promote long-forgotten skills or techniques involving dedicated workmen or artisans who are not equipped with infrastructure for mass production in factories or workshops. Quite often, certain products falling under the cottage industry category are identified with informally organized groups of people or particular families who have continued the tradition for generations. However, cottage industries which are strictly confined within homes face daunting prospects and challenges in the marketing and distribution of their products.The broad conceptThe concept of home based businesses, which first appeared during the mid 1970s, has over the years grown tremendously, gaining credibility along with way by practicing business ethics and following regulations. There are currently over 8 million home based businesses in the UK, made possible by advancements and improvements in technology. They now compete with other smaller commercial business organizations where they have the upper hand and enjoy tremendous advantages of saving on office rents, expensive furniture and building maintenance. High speed communication equipment like dedicated telephone connections, high speed wireless internet connections, smart phones and hand devices have all contributed to the emergence of home based businesses as a successful alternative to big street shops and commercial enterprises.Now, largely thanks to communications advancement, home based businesses have come to include working opportunities for a growing community of people – students, housewives, retired pensioners etc. – who work from the confines of their home meeting the business end requirements of a variety of online and Internet based job opportunities. Ad marketing, business promotions, online surveys and questionnaires, product reviews, freelance writing and many other categories of job opportunities fill the Internet today. All it requires is a person with basic communication, computer operation and online search skills plus a huge interest in accepting challenges and meeting them. The eagerness to earn extra cash and build on monetary reserves is huge but one can easily fall prey to fraudsters and conmen who use the Internet to lure people into illegal money making schemes. This is one area that needs to be given careful thought and attention.