With the present economic crisis, two income households are not only common but are necessary.  That is why a lot of mothers or women are going into business to augment the family income or to have enough savings.  Women are multi-skilled and hardworking, that is why a lot of women are successful in their small, home based businesses.

Before plunging into business, there are a few basics that we need to know:

Capital: Borrowing from family is a common recourse for getting additional funds.  Although sideline businesses or micro enterprises usually require smaller capital.  There are a number of microfinance organizations who try to provide credit in case the need arises.

Time and dedication: You have to be adaptable when you start a business.  A lot of businesses gives you erratic hours.  Your body clock should follow your business venture.  Determining how much time you are willing to devote to your business will narrow down your list as well.

Your abilities: When choosing  the right business, take into account your past experiences, your strengths and weaknesses, your interests and your personality.  Starting a business where you already have the know how and the passion will increase your chances for success and ultimately, a better income for your whole family to share.