Find Lucrative Home Business Opportunities Using a Narrowed Search

The internet is a powerful tool for entrepreneurs, allowing them to create their own business in the comfort of their own home. But what many people don’t know is that with a narrow search, you can find out which industries are currently earning the most profit and where it is easiest to break in. This blog post will not only show you how to do this, but also offer some great tips for finding new opportunities and promoting your products or services.

Visiting the Bureau of Labor Statistics website is a great place to start your search. This site has all the information you will need regarding employment in the United States, including a breakdown of people working by occupation and industry. Here are some of their resources:

Occupational Employment Statistics

Workforce Investment Areas (WIAs)

Figuring Out Your Own Industry is Easier than You Think!

If you are interested in starting your own business and want to find out exactly what kind of industries are making money now, then you will love this next method! One way to figure out which industries have jobs that pay well is by reading an internal publication from the Bureau of Labor Statistics called Report 900 (R900). It is a free publication that lists the top paying jobs in the country. Included in this report are the top 10 highest paying jobs, 20 lowest paying jobs, and 20 fastest growing job titles.

The report is available to anyone who can visit their local library or online at http://www.bls.gov/ro9/yro91002.htm#books.

Choosing the Right Industry

Of course, many people will want to start their own business in a certain industry. If this is the case then you can go to the R900 and make a list of which industries are high paying and growing. You then need to narrow your search down further to find exactly which companies are hiring in your geographic area. One way to do this is check out local area newspapers, career centers or your local Chamber of Commerce website (or better yet, all three!).

Another great resource for finding the industries where you can start a home business is by looking at job boards or other kinds of job listing websites. Here are some places to search:

Monster.com

Indeed.com

Google Job Search (this is a great place to look for your next job, but also for starting a business). If you go to www.google.com/jobs and enter your city, state or zip code, Google will bring up the top local job listings from the search engines results page.

Finding Local Opportunities in Your Area

If you have been searching for jobs or other opportunities around town but can’t seem to find anything, then one way to do this is by finding out which industries are currently hiring locally and by learning what these companies are doing in order to promote their products or services locally.

If you have an interesting idea for a new product or service, you can also ask local business owners what opportunities are out there for new businesses.

Make Sure Your Company is an Idea Worth Investing in

Don’t be fooled by the fact that no one is hiring in your industry. It could be because your idea just isn’t a good one and no money can be made. In this case, it doesn’t matter how well you market yourself if you are not able to make the business work.

A great way to figure out whether a company is going to work is by finding out if the people involved in the business are going to make more money when they are starting their own business. Are you going to be able to pay your employees more? Does the company plan on being bigger than it was when it was owned by other people? If you can answer all of these questions positively, then you should have a good chance of succeeding.

Now, you can begin to search for your perfect new opportunity by using the internet to find out what industry is the best for you.

Chapter 3: Crafting a Great Marketing Plan

Many people who want to start their own home business do not have enough information about what is needed to succeed. Fortunately, there are many resources available that can help you create a marketing plan that will help you get your business off the ground and bring in more money. A great place to start would be researching into some of the many books about internet marketing that are currently being written.

One book I personally recommend is called "Selling on eBay" by Karen Braun. She writes the "E-commerce Made Easy" column for eBay, and has written a book that will help you get your business off the ground quickly and easily.

You can find Karen's book here:

http://www.amazon.com/Selling-eBay-Karen-Braun/dp/0743292027

The situation is similar with other books about marketing that you may want to read. When researching into this subject, take a look at a few books that are available, then pick out one (or two) that you really like and begin to study it. Here are a few recommendations:

http://www.amazon.com/Marketing-B2B-Business-Entrepreneurs/dp/0982774017/

I would also suggest that you talk to other business owners in your area to hear about the marketing plan they used when they started their own business. If you want to get some great advice from a local business that is having a lot of success, then I recommend visiting the website of a company called: Profit Alliance Media located here: http://www.profitalliancemedia.com/. They provide a free report every month that is filled with information about the marketing plan they used when they started their own business.

Chapter 4: How to Get Business Cards

One of the first things you will have to do if you want your own business is get business cards made. This may seem like a small task, but it is actually pretty important. If your cards are not professionally done and look great, then potential customers can tell that you are a new business before they even meet you for the first time!

The first thing to remember about printing cards is that it can be very expensive. For many people who are just starting out, this will make them think twice before investing any money in this area at all.

Conclusion

I want to remind you that professional business cards are not the only way to go. I have a great friend who started his own business, and he just used his own printer to print up plain white business cards with black text on them. I can tell you that these cards looked great and were very professional looking.

If your budget is tight, don’t be afraid to start out small by just printing some basic business cards at home. You can later upgrade them in the future if your company becomes bigger and needs something more professional.