According to the Guardian this weekend, women may bear the brunt of jobs losses this year as so many are employed in retail and service industries. There has been a 15% increase in new recruits in direct selling, and Avon is launching a new campaign to attract women who want to earn more money.
If you are looking for ways to earn money after redundancy or job loss, here are some tips:
- Think about how much risk you want to take. At times like this it may be best to look at businesses with low start up costs rather than those that require all your savings. Become a virtual assitant if you have typing skills, and own your own computer. Think about dog walking, cleaning or ironing services, all of which can be started for the cost of a few publicity materials. Do remember to invest in public liability insurance, however.
- If you want to start a business selling something, ask yourself if you are selling an everyday essential that people will need, even when times are tight. Cloth nappy sellers are reporting good business as more parents recognise the cost saving of reusable over disposable diapers. Necessities like cleaning materials may be a better bet than luxury cosmetics.
- Finally, make a plan and get all the help you can. In times like this the Government is keen to encourage enterprise. Find your local enterprise agency: you will get free and low cost business advice and may even find out about start up funding for your area.