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How To Start A Business (Series) - 4 Common Home Business Ideas

Updated: Dec 24, 2020


Have you been thinking about becoming your own boss? There are a number of businesses that you can start from the comfort of your home and earn a satisfactory amount of money, subject to hard work of course. To help you toward your goal and set you off in the right direction, we have put together a small list of small-scale business ideas that you can manage from home. Let's have a peek.


Become A Freelancer

Freelancing is one of the quickest routes to self employment, as it is common practice to retain the same job type and career path but simply opt to work on a project by project basis instead of committing to a long term contract with any one employer. Thanks to the rise of platforms supporting the gig economy, this route of professional autonomy is in increasing in popularity. All you have to do is acquire a skill and offer your services to businesses on the hunt for a short term workforce for specific projects or busy seasons. There are quite a few freelancing platforms to choose from once you are ready to get started, such as:

  • Upwork

  • Fiverr

  • Guru

  • PeoplePerHour

  • Hired

Below are a few popular services freelancers choose to offer, though the possibilities are endless ;

  • Content writers

  • SEO specialists

  • Graphic designers

  • Virtual Assistants

  • Web develops

  • Consulting Services

And much more.


These freelancers are often free to work from the comfort of their homes. To venture down this path, you need to identify your skill set to start working on any of the named freelancing websites.

  • Sell Homemade Products

If you are good at making things such as baked goods or unique craft products, you can turn your hobby into a profession. You can make products in line with your craft and sell them online. In this modern era of internet technology, you don't necessarily have to go to a physical market place to sell your product anymore, you have an array of options such, Etsy, Ebay, Amazon fulfillment and even social media platform like Instagram and Facebook now cater to individuals needing a market place.

The best thing about this option is that you can control every aspect of the product you are selling. You can make it more cost-effective and target a specific audience/customer base to promote your homemade creations to. With all these options at you finger tips, you can earn a fair amount of money by turning your creative passion/hobby into a business from the comfort of your home.

  • Teach Online Classes

Teaching from home can be a profitable idea, with rather low overhead costs and it known to pay handsomely. If you have a strong grip on a particular subject, you can earn a decent amount of money by teaching online classes. The best part of teaching an online class, is need to go from house to house tutoring different clients. You will be doing it all from the ease of your home and that commuting time can now be used for tutoring, making you earning potential even more substantial.

  • Social Media Manager

If you have a knack for social media and enjoy the buzz of connecting with people, then this opportunity is very much for you. As a social media manager, you can utilize your skills to manage a company's social media accounts. We live in a digital world and businesses are trying to meet the customer where they spend the majority of their time. Being a social media manager is all about being creative and staying on top of emerging trends and technologies. It a profession currently in demand and can earn you a fair amount of profit if you let your creativity take control.


Conclusion

Choosing an appropriate business to get started is not an easy task. However, there are plenty of options available, as discussed above. These businesses are easy to start and doesn’t need a very large capital to take a plunge. So, select the best one from the businesses mentioned above or research the multitude of others out there and get start on that goal of working for yourself.


To talk to someone regarding your entrepreneurial ideas, feel free to book a free business consultation meeting. Sometimes it's just good to talk.


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