Running Business from Home

 Running Business from Home is a great Opportunity for  Mompreneurs. Moms may have experienced problems and found solutions. The fellow moms who are experencing same problems  may be looking for solutions,

Passion is an ingredient for successful ventures. The passion for writing can be used to start blogs, write stories or have niche blogs to create a recurring revenue machine.

 Passion an Opportunity

 Home based business-   Your passion is an opportunity.  

You are a mom who wants to turn your passion into a home based business.

You love cooking and you keep experimenting  various recipes. 

Running Business from Home-Inspiring Quote

“Partner with your family. Too often we think of career and family life as two entirely different spheres. I’ve found it key to my own work to bring my husband and children into the process, rather than seeing my work as an obstacle to my family life or vice versa.”

JenFulwiler- Author & Radio Show Host

 Real life story

Are you a mom planning or thinking on how to productively use your spare time. Read the real life story of Rita and may be a new home based business will be born

Rita  has two young children and she loves cooking for them.

She as not satisfied with the quality and price of ice-cream available in the market. She is an expert in making ice-creams and knew she can prepare at half the market price.

Her passion for cooking and experementing led her to become a successful entrepreneur.

Running Business from Home - Idea

The Homemaker

Rita lived in a metro town with her husband and two young children. She is a home maker

The family lived in an apartment complex and Rita was active in  all  functions in the apartment complex.

Idea

Rita was free after 9.30 am till about 4.30 pm when her children return home. She wanted to surprise them with an after dinner dessert. She prepared the ice cream and kept it in the freezer.

Running Business from Home- Light Bulb Moment

Rita invited a few of  her friends and neighbours for a get-together and served snacks and ice cream. Her friends complimented her on the quality of ice cream and  could not stop talking about it..They wanted to know  whether she could supply to functions in their houses.

Her spouse encouraged Rita  to start a regular business under the brand name “Yummy Ice cream”

Running Business from Home - Commercially Savvy

The Beginning

Rita started supplying ice creams at least twice a week and over the next six months she saw her bank balance going up, as the profit margins were close to 35%.

Growth of business

Rita also collected 50% as advance payment.

Rita’s demand for ice cream started going up. She employed a woman to help her in preparation and delivery of the orders.

Commercial Enquiry:

Reputation spreads fast and Yummy ice cream was at least 25% cheaper than well established brands. Nearby restaurants were willing to give regular orders and also promised advance payment for raw material procurement. However she had to give them fifteen day’s credit.

Running Business from Home-Growth Phase

Accelerated Growth- Decision Point:

Rita consulted her husband about the new opportunity as it involved procuring equipments and also renting commercial space since bulk quantities had to be manufactured.

They approached their bank manager who was willing to give overdraft facilities.

Rita’s spouse took a decision to join the business once the family noticed that their business was expanding rapidly. Rita’s spouse resigned from his corporate job and joined her. Ritaa took responsibility for procurement of materials and manufacturing and her spouse for marketing and administration.

The business ,now, employs 5 women.

 A home based business grew to become a medium sized business.

PS; The business attracted attention of a competitor who had registered “yummy ice cream”  as a trade mark and threatened legal action.

Recommended Web Link

10 Small Business Ideas for Women 

https://singlemomsincome.com/10-small-business-ideas-women/

Running Business from Home-Conclusion

“But you have to do what you DREAM of doing even while you’re AFRAID”- Arianna Huffington+

1. Passion can become a business

2. Build Network

3. Check Legal Requirements

4. Register your brand

5. Family Support is crucial for success