Home-Based Business Opportunities

The digital age allows 55% of U.S. businesses to operate from home. This staggering data is not a surprise given that 44% of these firms require less than $5,000 starting capital. The current COVID-19 crisis is attracting more people who earn a living from home. Check out this list for business opportunities you can start from home.

Retail online

Online stores attract customers from anywhere in the world. You can store your products at home or use drop shipping models where a third-party takes care of inventory and shipping. Third-party platforms, such as Amazon, allow limitless business opportunities in selling homemade goods or used ones.

Work Online

Sell your services globally while sitting at home. The most common services are:

  • Writing
  • Transcription
  • Design
  • Web development
  • Illustration
  • Book publishing
  • Online surveys
  • Marketing
  • Teaching
  • Voiceover
  • Virtual assistant
  • Filing tax returns
  • Translation

You can find clients through social media or other eCommerce platforms.

Start a Daycare

If you love children, why not have them over your home and make some money? Other than the regulations to be followed, this is a hustle-free and low-budget home business. This opportunity is ideal for stay-at-home moms.

Register for Online Taxi Services

Platforms such as Uber and Lyft allow you to work flexibly and make good use of your car. The initial capital is low if you already have a car. You can also register on multiple apps and get more clients. Other than the regular fee, there are tips from good clients to increase your income. This opportunity also helps you meet people as you explore your world.

House Cleaning Services

Your neighbors or friends might be in need of house cleaning. These services are quick and easy. You may advertise your business by word of mouth or social media. Your basic cleaning tools at home are a good start before upgrading to advanced equipment.

Pet Sitting or Dog Walking

Dog walking services are in demand on platforms such as Rover.com. Also, you can take care of clinic visits and groom the pets. This business is a great way to bond with animals while earning a living.

Become a Hairstylist

You can cut hair, do manicures, pedicures, and style hair conveniently. You can do it on a freelance basis or open a shop at home. Be sure to check the state’s requirement for home salons.

Gardening

Farming is therapeutic and can also earn you a living. Depending on the garden size, you can do small or large scale farming. On a big farm, you can keep animals and grow food. You can grow various crops in the backyard, such as vegetables, fruits, flowers, herbs, and organic food.

Rent Out a Room

That extra space in your house can bring rental income. Airbnb, Vacasa, and VRBO.com are famous platforms to start listing your business.

Home-based business opportunities are cost-effective and quick to start. You can do online and offline services that suit your skills and hobbies as you stay at home. You can exploit any of these opportunities this post discussed and boost your income.