You could get Debt Relief with a Part Time Business
Thursday, February 4th, 2010 Subscribe To Our Feed
Part-time businesses
In today’s market, debt relief is sought by almost everyone. People have tapped into their savings, withdrawn from 401(k)s, and slashed budgets to find extra cash. Consumer Caren Middleton, from South Port, Louisiana stated, “It’s not easy to manage. We’ve had to tap into all our available resources and still we’re just making ends meet.” Middleton is not alone because most Americans are struggling to make it through the recession and having a difficult time managing mortgages, credit cards, and bills.
One way to help with the costs is to find part-time work. Some consumers are realizing that part-time jobs are great additions to their schedules. Depending on what type of work is chosen, they can pay for extras and still have quality time for family. Here are some examples of part-time jobs that can be worth the extra effort.
Baker
Jim Lahey founded Sullivan Street Bakery in 1994. He always had a knack for baking, and he though he’d try it out as a career. His business now earns about $ 6 million annually and is a New York staple in the bread-baking market. He warned potential competitors just entering the market, however, that “Knowledge of cooking is much greater [now] than 20 years ago…the market is more competitive and if you want to develop a cottage industry, the product better exceed expectations.” Baking is becoming a favorite part time activity. Cupcakes, bread, and muffins are perishables that everyone buys at some point. Baking may afford consumers the additional income they need for debt relief.
Blogger
Blogging is big business these days. Most companies with an online presence have a blog site. Normally, blogs for larger companies aren’t self-penned by owners. They pay freelance writers to keep up with content, usually what’s going on in the industry or the company.
People can start their own blogs in interesting niche markets. For instance, a blog about seafood restaurants in New England will pick up more readers than a blog about restaurants in general. With blogs, people can spend a few hours a day updating the website and make strides to develop a following. Once customer base and a following is in place, they sell the ad space. It’s probably not going to replace a full-time income, but can bring in extra cash to put towards savings, bill payments, or debt relief.
Jewelry designer
Jewelry designers are a new trend in the market. People can start making their own designs and sell them online or consign them to retailers. Many community colleges offer the basic design classes and can show students how to put together various artistic styles of jewelry. Overhead is minimal, since beads, wire, and a few tools are dirt cheap. Time is the other investment needed to make a business successful. If someone has the time, and the creative knack, it doesn’t pay too bad either; the Labor Department reports that jewelers make almost $ 30,000 per annum.
Pet sitter
Avid dog lovers might want to develop pet-sitting businesses. People can consider walking dogs during the days and possibly offering grooming and training services. Also, boarding animals overnight can be an added bonus for pet owners who travel frequently. Developing pet sitting into a lucrative part-time income is one of the easiest ways to start a business. According to Economic Census data, the average annual sales for pet sitters are $ 22,183.
Part-time work
There is an endless variety of part-time jobs that people can delve into. They ought to consider what they’re good at, and what they love to do, and how you can make some income out of that. Making a little more or putting more money towards something like savings or debt relief gives industrious sorts an edge with financial planning.
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