Working at home in business is a great way of saving costs in the early stages, or just enjoying the freedom that self-employment has to offer. That said, not all business ideas are suitable for those that want to work at home, for reasons of meeting clients, holding stock, or just generally for complexity or health reasons. Nevertheless, there are a number of business ideas that are ideal for work at home entrepreneurs.
Freelancing is a great way to earn an income completing work at home. Although not in the strictest sense a business, offering services as a freelancer can be particularly profitable. If you’re skilled in writing, why not try submitting work to newspapers and magazine in the hope of receiving commissions for feature works? Alternatively, you could offer services online, through a website or blog. Either way, freelancing (across any service) is a good way to gain more freedom and independence than you could achieve working in an office environment.
Starting a letting agency is ideal for the work at home types, who could easily set up and run this kind of business from a designated room in their home. Because clients and tenants can be met at the property to be let, and forms can be completed and either emailed or posted, there’s nothing to stop you from running a letting agency, or any similar type of business from your home. What’s more, because you don’t have to fork out the expenses for an office, you can undercut the competition to help you win some initial business to get the ball rolling.
Another option for the entrepreneur looking to work at home is data entry. Data entry can be performed freelance, or as a business looking to win larger contracts with a view to outsourcing some of the workload to other freelancers. Data entry is a great opportunity to enter an easy, no-barriers market with a high sales value. And with no need for any offices or any direct staff on your payroll, it’s simple and cost effective to get started with just a laptop and an Internet connection. Generally, data entry work involves entering data into a spreadsheet or database, which is particularly unskilled and requires just manual labour to complete the work. There’s no reason why you could not complete work yourself from home, or expand your business by making connections with freelance data entry technicians to handle demand.
An EBay business is a good alternative for those that want to work from home but don’t want to create a services business. Selling goods on EBay can be particularly profitable, provided you can find suppliers offering products at a cheap rate to enable you to mark up enough to cover your costs. Depending on how well you take to retailing online, you could easily work at home and build a substantial EBay business, which in itself has a resale value, to provide you with an alternative to working in regular 9-to-5 employment.
Working at home in business is a great way of saving costs in the early stages, or just enjoying the freedom that self-employment has to offer. That said, not all business ideas are suitable for those that want to work at home, for reasons of meeting clients, holding stock, or just generally for complexity or health reasons. Nevertheless on the flipside, there are a number of business ideas that are ideal for work at home entrepreneurs.