A home-based business offers ease in operation and tremendous scope for growth and development. You can be your own Boss, operate the business at your desired speed, let it grow organically, and seek a purpose for your venture.
Before we dive into the core business opportunities, let us brief you through the valid reasons why you should think of starting a home-based business in the first place.
Why a home-based business?
We have strong reasons apart from the one that you can start it quickly without much space research.
- You can start a home business from the comfort of your home, without the need of commuting to a specific location to sell your services or products.
- You can initiate the business with the limited resources you have in your hands. Yeah, technology is the most vital ingredient, but you need not be investing in hard-core machinery or other equipment.
- In the current age of social distancing, we are compelled to work from home to avoid undesirable situations. Instead of working for other corporations, why not start a self-operated business and balance personal and professional lives as well?
- You can channelize your skills and abilities and don’t have to wait for the weekend to arrive. Most of you spend your quality time drifting through the work hours because you are not passionate about your projects. A home-based business provides you the liberty to follow your passion and transform it into a lucrative career.
Solid evidence of home-based business in the United States
About 50 percent of US business enterprises and 69 percent of start-ups are home-based. And it is not surprising that women lead in running home-based businesses in the country.
44 percent of the home-based businesses in the US required less than $5000 to start their venture and kick off their operations. Some Americans still have full-time jobs, and they run a side hustle from their homes. No doubt, these home-based businesses create ample employment opportunities for talented people.
10 successful home-based business ideas available today
As we have understood the significance of a home-based business, let us get into the basic ideas. Some of them are skill-based, technology-based, or even need-based. Hence, choose something that suits your preferences and is vital for society.
1. Start Copywriting services
If you are a writer, you know what it takes to start a business? A computer, a smartphone, a few writing tools such as a plagiarism checker, and a brilliant mind. Hurray! You have them all, and you could be starting a copywriting business to offer relevant services to clients. Your clients could be small-sized start-ups, digital marketing firms, educational institutions, and medical agencies.
Niching down your services will help you seek appropriate clients. Another requirement is a stable internet connection. However, we don’t think you will need a physical office in the middle of the town to write content for leading companies. Your home office is the best; make it cozy and comfortable to let you develop creative ideas and generate valuable content for your clients.
2. Start a homemade product store
By store, we don’t mean a huge shelf containing all kinds of products. You can choose a specific product creation task and master it. For instance, you can create organic handmade soaps or Macrame art pieces, murals, or hand-made quality paper. This business idea is suitable for all those artists who want to sell their art to many customers.
It is a fun idea to turn your hobby into a business (which is not too commercial but gives you positive vibes). Etsy, Instagram, your eCommerce store – all these are the business essentials you should harness effectively. Although, the business should not overwhelm you initially; it should take the best out of you to up-level your venture.
3. Start a home daycare center or a dog-sitting business
It is a myth that you need a vibrant and large space to entertain kids at the daycare center. Kids need a friendly environment, warm caretakers, and a place where they can feel on their own. If you have a spacious living room or a spare room sufficient for 4-5 kids to play around, you can start a daycare center even today. Simply collect a few toys and books, and you are good to go.
Similarly, dogs do not always need playgrounds and parks. They can experience the homely feeling as you take care of them at their homes. In this way, the furry creatures will not feel abandoned by the owners; they will think that they are at their home.
A service-based business requires you to be taking the initiative. Hence, put the best smile on your happy face and get into the business.
4. Become a personal trainer or a nutritionist
Health and fitness are your subjects of expertise, you never cheat on a day, and you motivate your family members and friends to be health-conscious and take necessary steps. If you are the one we described here, get ready to transform your passion into a business venture. Personal training can be done through virtual mode or by visiting your client’s place. The same applies to providing nutritional advice, which can be easily even using a smartphone.
The only element you need to take care of in this business is consistency. Never miss out on a single day because your client needs your services all the time. As you build rapport with your client, they might refer you, letting you seek more customers.
5. Become an influencer
If you already have a blog or an Insta account, or a YouTube channel, it is time to take it seriously. Maybe you create content for fun as of now, but it could be turned into a viable business opportunity at any moment.
- Budding chefs – pick up a niche such as baking and become a pro in it. Write a cookbook with your recipes. Sell your own meal combos or spices.
- Bloggers – write an eBook and sell it on Amazon. Become a BookTuber.
- Travel freaks – shoot you trips and collaborate with relevant brands.
- Fashionistas – Collaborate with clothing brands and flaunt how the outfits will look on you.
It doesn’t take rocket science to become an influencer, grab brand deals and monetize your following. All you need is a smart approach and how you can tap your skills and abilities. Of course, it will take time if you start it from scratch, as you will have to build your audience. But if you already have a reasonable following, go for it. This is not the time to wait more!
6. Start a meal delivery service
Busy people don’t find time to cook and meal prep, and they have to depend on the takeaways or expensive restaurants or the pizza shop down the lane. You could be the MealMan or MealWoman and help them fulfill their hunger requirements.
A meal delivery service is for those who love cooking and preparing quick, easy yet delicious meals for clients. Add variety to your meal plans, set quality standards, sell ready-to-cook meal combos. Such creative ideas will add uniqueness to your venture and revenue to your balance sheet, we are sure.
7. Start an activity center for elderly people
Not many of you must have thought of this business idea, but entertaining elderly people is a challenging yet noble task. If you want to serve them with care and attention, you can start an activity center at your place to let them socialize and have fun for a few moments.
This could require analyzing the number of older men and women in the area you live and determine their requirements. Do they like to talk, or play simple games or prefer walking tours around the city? You can customize your plans. We are sure this will work for you as well as for them.
8. Open a nursery
If you are a geek of plants and flowers, there is no better business idea than starting a plant nursery. Yeah, a beautiful and spacious garden is a mandatory requirement, and we are sure you have it as you are thinking about this business. Clients can visit your place, pick up the plants they like. You can also conduct gardening and plant-care workshops for them. The more you share your know-how, the more care they can take care of the plants.
9. Become an online trainer
Online training is not limited to the academic curriculum and fitness; it expands to several niches such as art, fashion, coding, doodling, calligraphy, robotics, painting, website design, and all. We are delighted to inform you that it is an easy task to create an online course and sell it. Alternatively, you can choose training platforms such as Skillshare, Udemy, and MasterClass to become a trainer. You have the skill; teach it. Simple!
10. Start a consulting business
You don’t need a physical space to impart meaningful advice. You need knowledge, expertise, insights, and an intuitive mind to explain things to the desired audience. You can start a business consulting or finance consulting business, depending upon your preferences.
Briefly, ditch the cons of a regular 9-5 job, and start your business from home today. The above ideas are worth a try.