Ideas for small businesses seem to be endless, and plenty of them sound very viable when you are planning to start your own home based business, but what ones are truly the good ideas with high profit potential and something you would enjoy? Let’s look into some home business ideas that have been proven to be legitimate, profitable (if done correctly), and often enjoyable for the owners…
These are 5 home based business opportunities you can start today that fit those criteria:
1. E-Learning
Web-based training in the corporate workplaces and classrooms have taken the world by storm due to time constraints, rising costs, and the global adoption of technology. Advances in the internet technology has paved the way for video blogs, podcasts, webinars, and other rich media which can be harnessed to become learning tools. As more and more companies become globalized, it makes sense that training courses should be accessed anywhere they want with a computer and an internet connection.
Subject areas such as technological training and management skills are among the most popular e-learning topics available, but you can find your very own niche. Why not create e-learning courses for finance industries, or come up with courses that will equip others with skills that are relevant in today’s world?
2. Specialized Coaching
Coaching services and all its forms (business, relationship, sports, corporate, life, spiritual, etc.) have gained a lot of popularity in recent times, and it hasn’t reached the apex yet. In fact, the demand is greater than ever with the light that coaching is portrayed as a necessity rather than just a luxury.
If you have previous background skills and work experiences in a particular industry, a good set of working knowledge in any of the fields (life, spiritual aspects, etc.) then you can set up a person-to-person activity right in the comfort of your own home and still make a profit. As the economy grows, the demand for specialized coaching becomes even higher.
3. eBay Aftermarkets
Home based online businesses can grow big if you know where to look. Big companies are now focusing their efforts more into marketing, consumer research in the quest for a larger share of the pie. A new-ish niche that’s quickly rising up on the ranks is the resurgence of online shopping, i.e eBay. Did you know that more than half a million companies utilize this marketplace to understand and connect with their audiences?
Small businesses can’t possibly compete with big name companies that have teams of marketers and researchers under their command. But with your help, they can do competitive analysis, shipping, pricing strategies and market research regarding the eBay platform. It’s a worthwhile online business that needs little to no commuting time.
4. Pet Sitting
Pet lovers who wish to work from home will love the idea of taking care of an adorable pet. Pets have become “family members” and are even somewhat of a replacement for real children in many homes, with the U.S. spending billions of dollars per year pampering their furry companions. You can launch a pet sitting business and that could flourish in this new world.
People are busier than ever, and they need someone to look after their pets. You can be the answer. Offer various pet sitting services such as walking, companionship, grooming, or bringing the pet along to a pet spa for their well-being. You can also bring them to the vet for regular check-ups.
5. Organizing
We are at the height of consumerism. People are buying more stuff than ever. Where do they keep their old stuff? The garage or storage room in the basement. These have become the most cluttered areas in a typical home property. An organizer can help residents throw away the stuff they don’t need or have not needed for a long time to make space – as well as get the stuff they do want to keep organized.
You can help people attain peace of mind in a neatly organized garage/storage when you decide to go into an organizing business. Though, this isn’t technically a “home business” since you won’t be at your house; it is a spin-off and closely related because you will be at their homes.
Alright, there you have it, five home based business ideas you can start immediately! These are opportunities with real potential that can be very lucrative as well as fun. If any of them appeal to your personality and interests, then you could be in business as soon as tomorrow if you take initiative right now!