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ONLINE BUSINESS HELP

How To Start A Home Based Gift Basket Business
By: Developer Shed
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    2004-09-15

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    How To Start A Home Based Gift Basket Business
    by La Tunya Sifford

    Many of us dream of working from home, spending more quality time with our families. I decided to do just that. Yes i was afraid of failing, not being able to handle the pressures of running a business, and looking after my family at the same time. So i began my search for the right business to start, GIFT BASKETS! I use to give them for gifts to family members, so I thought why not make money while doing something I loved.

    STARTUP
    As with any new business,you will have to make a number of decisions. What types of baskets will you offer? If you are working from home do you have enough space for creating your baskets?
    What is your target market? And most of all how will you reach them? If you plan to start on a shoestring budget, start slow and work from home. running your business from home will allow you to save on overhead expenses.

    Income Potential
    Your income potential depends on how hard you work and market your business. Industry insiders estimate potential revenues to range from 10,000 annually working part time from home.

    Your Gift Baskets
    You can either offer a wide selection of gift baskets, or focus on a smaller market. Some of the common gift baskets being offered include the following:
    Gourmet/Food Gift Baskets. These are the most popular gift baskets businesses give to their clients, friends and family.
    Bath And Body Gift Baskets. These are very popular! Ingredients of these baskets include toiletries like scented soaps, fragrances, olis, lotions, and aromatherapy products. These are just a few selections of gift baskets offered, the list goes on.

    Inventory
    You inventory level should alway grow as your sales grow. Start small, keeping inventory at a relistic level. You can purchase inventory for your gift baskets either wholesale or retail. I would advise buying at wholesale price, because you may buy in quantities.

    About the author: La Tunya Sifford is a Work At Home Mom with two children, ages 13, and 18 months. She has a online gift basket business, where she enjoys creating beautiful gift baskets for personal and corporate gift giving. Visit her online at:http:// www.fullmoongiftbaskets.com

    DISCLAIMER: The content provided in this article is not warranted or guaranteed by Developer Shed, Inc. The content provided is intended for entertainment and/or educational purposes in order to introduce to the reader key ideas, concepts, and/or product reviews. As such it is incumbent upon the reader to employ real-world tactics for security and implementation of best practices. We are not liable for any negative consequences that may result from implementing any information covered in our articles or tutorials. If this is a hardware review, it is not recommended to open and/or modify your hardware.

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