Legitimate Home Based Businesses

Welcome to the Legitimate Home Based Businesses Blog

As the economy continues to spiral downward, jobless rates are rising and more people are facing foreclosure, it is more important than ever to find legitimate home based businesses where people will have the opportunity to make money from home and pay bills. The good news is that there are many legitimate home based businesses and stay at home jobs around. The bad news is that a stay at home business is often masked by the sheer number of scam.

Most people who have been looking for legitimate home based businesses and have been victims of some scams one time or another. With so many bad businesses preying on unsuspecting victims, people who are in financial needs find it impossible to know whom to trust and what are legitimate home based businesses and which ones they should steer clear of. That’s where this Legitimate Home Based Businesses website come in, to help people find a work at home job business opportunity.

Our Research Team

Our research team is made up of people who have their own home based businesses and are profiting. They want to share their findings and help others make money at home whichever ways they can. They are also on the lookout to find other legitimate home based businesses that may be new to the market but legitimate and effective. They investigate ways to make money at home such as data entry, envelope stuffing, or home based network marketing businesses. Data entry jobs from home have become more and more in demand as is stuffing envelopes from home.

Your Feedback

Your feedback is very important to us. Whenever you come across legitimate home based business opportunities, you are encouraged to share with us. Legitimate home based businesses will be shared through our website postings. It is very important to report any businesses that are scams.

Question: How would you find Business Opportunity in Canada?

A United States based Health and Wellness company is open to business in Canada with a great compensation plan. I would like to creating a contact list of interested people, the first that contacts me will be the first I contact.This is for the, Work from Home, Networkers, and the Distributors or anyone wanting to make extra money my email address is bignlild@msn.com

Answer: Try the Business Opportunity Search Engine

Your results from the community powered Business Opportunity Search Engine are much more focused than a general search engine and they will continue to learn and adapt, anonymously and automatically, based on the search behavior of every search you request. http://www.businessopportunitysearchengine.com

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Question: Where’s the most reliable place to get a small business grant?

The company I work for is moving out of my part of New Mexico we provide services for people with developmental disblilities. I would like to take over some of the services but need some money to get started. Where would I go to apply for a legitimate small business grant, either government or private. Thanks

Answer: It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business.

One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/sbir/index.html , which fund the research and development of technological innovation that meets specific government needs.

Your best bet actually will be from the states if they offer grant programs for women (or any other special interest groups — minorities, women, disabled, veterans, etc). Or check with non profit organizations, particularly women organizations if they offer grants. Examples include

Iowa Women’s Foundation http://www.iawf.org/
New Mexico Women’s Foundation http://www.nmwf.org/guidelines.html

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.html

“The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.

http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

For private foundation grants, you may want to check the Foundation Center’s Foundation Grants databases http://gtionline.fdncenter.org .

How to Get a Government Small Business Grant for Your Restaurant

Question: What kind of insurance do I need for a small home based online retail business?

I have a home based retail business that sells products online. I keep inventory in my home. What kind of insurance do I need? Does anyone know what the costing runs about?

Answer: You’re probably not REQUIRED to have any, by anyone. But here are some possibilities: general liabiltiy, in case you get sued. Property, in case of fire or theft, that wipes out your inventory. ECommerce, for internet fraud/wire fraud.

Cost is going to vary wildy from $1500 a year for start up, to tens of thousands, depending on sales, type of materials sold, where you get them from, and where you store them.

You’ll have to talk to a local agent to get specific quotes.

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