The typical mom gets just 32 minutes to herself daily, according to Fox News. This is because more than 30% of women don’t stop parenting and running around doing household chores until at least 8pm. This, therefore, leaves precious little time to protect your family’s finances by doing a few extra hours of work. But what if you could make money using the skills that you already possess without having to slog away for hours at a time?
Make a passive income
Finding a way to make a passive income from home is ideal for busy women, as once you’ve invested a little time and money into your venture, you can sit back and watch as the cash flows in. If you’ve got an eye for graphic design, then creating and selling printables could be just the thing for you. Nancy Badillo says she made $86,000 in a year by simply designing helpful printouts and selling them on Etsy. If photography is more your thing, then you may prefer to sell your images to stock photo sites, or you could turn your business skills into an online course.
Bookkeeping from home
60% of all jobs in the accountancy field are held by women, according to Untapped. If you’re one of the millions of women in the country that has a great head for numbers, then setting up your own bookkeeping business could be very lucrative. So many business owners don’t have the time or the skills to keep their own books, so they’re more than happy to pay someone else to do it. As you’ll already know your stuff, each job shouldn’t take you long, and you can take on as many or as few clients as you wish. You should, however, make sure you have accountancy insurance, as this will safeguard your business and reassure your clients that you take your role seriously. This type of insurance will also protect any additional workers you may choose to employ should you wish to expand your bookkeeping business in the future.
Buying & selling
The principle behind buying and selling is simple; you buy items in bulk at cost price and sell them on for a profit. This is the ideal business for busy women, as the entire process can be completed online, so you can do it anytime of the day or night. Marketplaces and e-commerce sites are ideal for selling items that you’ve purchased from wholesalers. You can even arrange for a parcel pickup service to collect and deliver your parcels to your customers, so there’s no queuing up at your local USPS. As a general rule, you should aim to sell all items for three times the price you purchased them for, so there’s plenty of money to be made so long as you use your people and negotiation skills to bag a great deal on your stock.
As a busy mom, it can be difficult to find the time to earn additional cash to add to your household’s finances. But these tried and tested business ideas won’t take up too much of your time and will earn you some much-needed extra money.
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