I am committed to working with women who want to work for themselves from home.  Working for yourself requires particular skills and personal qualities, particularly if you have a family or other work commitments.

FREE WORKSHEET

This FREE worksheet will help you, as a woman, decide if you are ready to work for yourself from home. Find Out If a Home Business Would be Right For You

Here are some areas you might like to consider for building additional income.

• Franchising
• Network Marketing
• Affiliate Schemes
• Joint Ventures
• E-Books

Franchising

Franchising is a simple way of acquiring an existing business and receiving support and training from the franchisor.  There is a huge range to choose from cleaning, health and beauty, delivery and haulage to food and catering and professional services.

Franchisors are highly selective when appointing franchisees.  The cost of buying a franchise can be as little as £5,000 up to over £100,000.  Most franchisors would have £30,000 of capital to invest.

Useful resources:
British Franchise Association - www.thebfa.org
Making Money Magazine – www.makingmoney.co.uk

Network Marketing

The network marketing or MLM (multi-level marketing) industry is now well established in the UK with consumers being very used to buying products by direct sales.

Companies now operate in all areas from health and beauty, clothing, gifts, greetings cards, food and cooking.

You could call network marketing a “franchise without the price tag”.  To acquire a network marketing distributorship usually costs from £30 to £200.  You will also need funds for sales and marketing but you can get started for a relatively small investment.  Most companies offer training and support.

The beauty of network marketing is that it allows you to generate leveraged income which means that you can build up a large organisation but still be working part-time yourself.  This is the perfect scenario for multi-tasking women!

I recently wrote an article on network marketing for the national magazine, Making Money, which you can download by clicking here.

Network Marketing for the 21st Century* (PDF Download)

Maybe you have never considered an MLM business because you think it is pyramid selling (which is actually illegal) or you don’t like some of the “tacky techniques” which have been used in the past.  Well, things have moved on and those methods are not relevant today and certainly not what I recommend.

To find out more about the reasons why you may not have considered a network marketing business, read  “The 7 Great Lies of Network Marketing” by Anne Sieg.

Affiliate Schemes

This is another area that allows you to earn income by recommending products or services to others.  I have no problem if a company wants to share some of their profits with me for recommending their products!  Do you?  Obviously, the product needs to be good value for money and offer useful information.  Otherwise, you could damage your own reputation by recommending sub-standard products/services.

Amazon runs an associate scheme and the above e-book by Ann Sieg is part of an affiliate scheme, called The Renegade Network Marketer.  I have purchased the e-book and found it so useful that I couldn’t wait to recommend it to others.  Click here to find out how to build a successful network marketing business.

It costs $67.00 for a 143 page e-book of really useful sales and marketing techniques for network marketers. You will also gain free access to lots of extra training tools in the 'Back End System'.  Plus if you offer it to others, you will earn a 50% commission from Ann Sieg every time someone purchases it.

Joint Ventures

This is another area that is perfect for women as we like to help each other!  If you find other businesses to work with who are targeting the same people but with a different message, you can pool your resources and offer extra value to your customers.

For example, I have linked in with a number of lingerie shops in my area and we have agreed that they will offer 10% off to every woman who buys from me.  This means that I am offering an extra incentive to my clients at the same time as promoting the local lingerie shop.  We can also look at doing joint events together and both adding to our databases.

E-Books

We live in age where we are bombarded with information but people are still desperate for quality advice. 

If you have an area of expertise which could help others, then why not let others benefit from that?  Companies often offer a free e-book (like Anne Sieg) as an initial offer and a taster for the purchase of the main e-book.

I am not an expert on writing e-books but there are plenty of people who are!

Want To Know More?

If you want to talk to me about how you could introduce multiple income streams into your life and generate more profit with the minimum amount of time, then call me on 07814 504755 or email nikki@bestthinkpink.com.

 

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