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Looking For Work? Check Out These New Work From Home Business Opportunities

Written by: Candice Clem

Article Overview: With unemployment rates skyrocketing in many states, many Americans, now out of work, are looking for anything to help aid them in the job search. The search may be over if a work from home business sounds good to you. Here's a few of the best options available today and a look into the best ways to get started.

Looking For Work? Check Out These New Work From Home Business Opportunities

If you’ve picked up a newspaper, turned on the TV, or simply talked to some of your friends and family in the last six months, you undoubtedly know that the downturn of the economy has caused many Americans to become jobless. The unemployment rate in many states has skyrocketed; with California seeing unemployment numbers approaching 10% (almost double what it was a year ago). While many economists predict that we’ll be back on track in a year or so, there are still millions of Americans who have been displaced in the current economy who simply cannot wait a year for a stable job come along. As unemployment starts to run out for many, the outlook for the better part of 2009 is decidedly grim.

There is, however, a light at the end of the tunnel, and it may come from a somewhat unexpected source: starting your own business. While many would laugh at the idea of starting a new business in this economy, the fact remains that many franchises have actually shown growth during the recession. While nothing is guaranteed, with many new low cost franchises now available, taking the small risk of starting a home business will quite likely pay off and create a stable job for anyone interested in starting their own work at home franchise. Here’s a look at some of the industries that have seen either growth or very little decline in the last year and a couple new franchises available in each category.

Vending
Weighing in at $28 billion/year, vending isn’t just spare change, it’s a massive industry with room for growth. Like it or not, when recession hits, people start to spend their money differently, and one of the industries that benefits is vending. Many Americans "trim the fat" economically by buying more fast food, grabbing a can of soda instead of a latte, or killing the afternoon munchies with a $.75 candy bar instead of a $2 energy bar. While these decisions may not be the healthiest choices, consumers clearly value a cheap meal when money is tight.

Revive Energy Vending offers a great alternative to the unhealthy choices of candy, energy drinks and soda by providing the Revive energy mint: a healthy blend of either guarana, caffeine, green tea and ginseng or a superfood blend of acai, goji and mangosteen. This product took almost 3 years to engineer and earned Revive Energy Vending the award of "Best Energy Supplement of 2008." To top it all off, the products sells at a whopping 285% markup, so it’s easy for a franchisee to deploy several of these machines and start making serious money, right off the bat.

For a different twist on vending, take a look at The Back Rubber. This work from home business takes the beloved American institution of leather massage chairs, places them in strategic, high-traffic locations and then generates substantial profits, with the only ongoing expense being location leases and electricity. As a franchisee with The Back Rubber, you can start with only a few chairs, earn a few hundred dollars a month and supplement your income, or you can place several dozen chairs all over town and quite easily reach a six figure income.

Internet Home Based Businesses
The allure of a work at home business is stronger than ever; offering more tax breaks for home offices than ever before and offering a completely viable business model due to the advent of internet telecommuting. It’s difficult to find a job where you can work from home completely, and it may be even harder in the current job market, but when starting your own home business, you can begin working from home on your very first day. Armed with a phone, a laptop and an internet connection, you have all the basic tools needed to run your business successfully, and the reduced overhead of a home business will only equate to bigger profits for your business.

Canyon Leasing is a frontrunner in the little-known industry of equipment leasing. Many SME’s (small and medium enterprises) fall into the predicament of needing specialized equipment (such as plotting printers or copy machines) yet they will either only use it a few times a year, or cannot afford to purchase it yet. This is where a Canyon Leasing franchise comes into play. By connecting SME’s in need of equipment with equipment vendors and dealers, Canyon Leasing allows even the smallest of small businesses to do business with the same tools as the multi-national conglomerates.

In a similar fashion, Instant Imprints offers one-off printing and embroidery, signs and banners. If you’ve ever needed to create some t-shirts to promote an event, or to give to your staff as employee appreciation, you have probably discovered the high cost of short-run silk screening. An example taken from a popular print shop shows that an order of 32 silk screened t-shirts will cost about 10 times as much as a larger run of a couple thousand. There is a great niche market for the people who only need a couple hundred prints of their company logo or event theme and Instant Imprints exists to fill the void. In addition to competitive prices on silk-screening, they also offer a plethora of other print services, such as embroidery, signs and banners; all designed to serve SME’s, sports teams and private parties.

While the outlook in our current economy is anything but great, there are still plenty of opportunities to make a great living and a home business is perhaps one of the best options with the least amount of risk. These are just a handful of the available work from home businesses currently available, and starting a home business now, although it may be a bit scary, can set you up to succeed in the current economy and then flourish once it finally comes back around.

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Article Tags: candy bar, downturn, economists, energy bar, franchises, home franchise, latte, light at the end of the tunnel, massive industry, munchies, recession, spare change, stable job, starting a home business, starting a new business, starting your own business, unemployment numbers, unemployment rate, unexpected source, vending



Related Forum Posts
Try wikipedia.com for more information - That depends what type of business you are involved in. Maybe if you share that, we can help you a little better. I work mostly in the Work at Home industry so my advice would only be along those lines.
Books for Women Entrepreneurs - There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here. It doesn't matter how successful you are in your business - it's always possible to learn something new. In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment! 1. The Old Girl's Network 2. Mother's Work 3. The 7 Greatest Truths About Successful Women 4. Pitch Like A Girl 5. Workplace Warrior 6. Treasure Hunt: Inside the Mind of the Modern Consumer 7. Contingency Planning & Disaster Recovery 8. She Wins, You Win 9. Napoleon On Project Management 10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do 11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years 12. The One Minute Millionaire 13. Talking From 9 to 5 14. Soloing: Realizing Your Life's Ambitions 15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success 16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded 17. Fail-Proof Your Business: Beat the Odds and be Successful 18. Confidence: How Winning Streaks and Losing Streaks Begin and End 19. Women Don't Ask: Negotiation and the Gender Divide 20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen 21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business 22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker 23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business 24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises 25. Net Ready: Strategies for Success in the E-conomy 26. The Promotable Woman 27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it 28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home 29. Secrets of Six-Figure Women
Re: Five Personality Traits of Successful Business Owners - 1. Focus 2. Ability to Adapt 3. Hard Work 4. Good planning 5. People Skills
Re: Books for the Entrepreneur - Another great book for internet entrepreneurs is The Four Hour Work Week by Timothy Ferris MichelleJ
Re: Vera Wang Profile - I too love this kind of success story Evan, I especially liked the article 'Nothing Replaces Hard Work', I can relate to a lot of things in there, take care Carol


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