5 Best Home-Based Business Startups
As many businesses have moved online, starting a home-based business and selling products or services online seems a plausible and potentially profitable idea. Running a business from home has plenty of advantages, but it can also have some drawbacks. However, these drawbacks can be neutralised or completely eliminated with good organisation and mindful boundaries. You just need to conduct thorough research to see what your options are. Of course, what you should have in mind is your skills, knowledge and job preferences. Keep reading to learn more about the 5 best home-based business startups.
Among the best home-based business options is definitely starting an eCommerce business. If you love reading and writing and are creative, then becoming a freelance writer is just the home-based business for you. Moreover, if you are handy and creative, perhaps you can consider making and selling all kinds of homemade crafts – people love these! And if you are a well-organized person, you can perhaps start an event planning business and offer event planning services for different occasions. What’s more, if you possess extraordinary cooking skills, starting a home-based catering business is another plausible possibility.
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1. Start an eCommerce business
If you’ve always been into fashion or you’ve wanted to open up your own clothing boutique, or a shoe shop, perhaps you could consider starting an eCommerce business. Online shopping has experienced a major boom over the past years. You have a lot of freedom when it comes to choosing a niche for your eCommerce business. You can sell baby knitwear, sports clothes, formal wear, black tie gowns, children’s clothes, shoes and so on. Your eCommerce store doesn’t have to sell clothes and shoes – you can sell a wide range of products and digital services. What you need is a great eCommerce platform such as Shopify.
2. Become a freelance writer
Becoming a freelance writer is fairly easy for someone who’s been into reading their whole life. It often happens that people who enjoy reading very much also have a gift for writing. You don’t necessarily need a formal education to be a good freelance writer, but you must possess a few skills and characteristics. For instance, you should be creative and know grammar rules perfectly (in practice, not necessarily in theory per se). Moreover, you should know some basic writing rules, with a focus on online writing, as it differs a bit from traditional writing. You can even take online courses to learn more and perfect your skills. Being a freelance writer can be quite a profitable career if you are good at it.
3. Sell homemade crafts
On the other hand, if you are a different kind of creative person and you are handy at making some things, you should perhaps consider selling them online. The shops are full of artificial products that are treated and enhanced with all kinds of harmful ingredients. Hence, people appreciate having the opportunity to buy real, homemade, natural products made with love. This can be anything from candles, soaps, barbecue sauces, chilly sauces or anything else, really. Think about whether you have some hobbies and what you really enjoy doing. Then, do a little market research and find out whether your hobby has any chance of becoming a serious business of homemade products.
4. Start an event planning business
An event planning business is suitable for people who are organised, precise, able to think about all the details and who are able to foresee potential issues. It is a perfect job for people who like to plan everything and have a time schedule. If you are one of these people, then you should definitely consider starting an event planning business. You can offer event planning services for various occasions, such as corporate events, birthday parties, anniversaries, weddings and other celebrations. You also need great research skills to find all the right people and be resourceful and creative.
5. Become a home-based food caterer
Due to people’s super busy and hectic lives, they don’t have much time for cooking daily, let alone for different celebrations. Instead, they prefer hiring a caterer, and there is a serious need for quality and reliable caterers who can fulfil their needs and desires. So, if you love preparing and cooking food and you’re good at that, you can consider becoming a home-based food caterer. You’ll probably need some space and some equipment. Try to offer something that others nearby don’t, for instance, a vegan, vegetarian or fit menu.
These are just some popular home-based business suggestions you can consider – there are many more you can find out about online.