9 Best Home Business Ideas: Mix Convenience and Cash

Did you know that 50% of small businesses
are home-based firms? Faster internet speeds and an increasing demand
for flexible work environments are driving an increase in home-based business ideas. By adopting a home business, you can save
a ton of money on rent and overhead expenses. In fact, many home-based businesses cost under
five grand to launch. In this video, I’ll help you find a profitable
business idea that you can start in your living room, kitchen, or fill in the blank with any
other room in your home. At the end, we’ll cover a bonus tip for
home-based business owners, so make sure you keep watching. Our first home business idea is photography. If you like to take photos of people, places,
or things, you can make a lucrative business out of it. People pay a significant amount of money for
photographers at weddings, baby showers, and corporate events. In fact, the average photographer charges
$2,000 per wedding. In addition to events photography, you can
also sell your photos to stock photography sites like Shutterstock, Fotolia, and Getty. Every time someone downloads your photo, you’ll
receive a commission on a per download basis. These commissions might seem small, but they
really add up over time. The only tools you need to launch a photography
home business are a high quality camera, editing software, and an online portfolio of your
work. Home business idea number two is personal
training. If you’re passionate about fitness, then consider
starting a personal training business right in your home studio. You can also visit your clients’ homes,
or use the great outdoors if you’re lucky enough to live in a place that has a temperate
climate year round. Most personal trainers charge between $40
and $70 per hour, but you can charge a higher fee by getting certified by a national fitness
organization such as the American Council on Exercise or National Academy of Sports
Medicine. By getting certified, you can also ensure
that you keep your clients safe while they’re training. Home business idea number three is freelance
writing. If you like to write, freelance writing is
a home business idea that’s perfect for you. There are lots of ways to get started. Even if you don’t have a single byline to
your name yet, many creative publications, like poetry magazines, pay for submissions
from budding writers. Alternatively, if you have years of experience
in a particular industry, you can pitch blog ideas to companies in that sector. You can also make money from technical writing
or resume writing. A great way to pitch your writing services
is on freelance job sites like Fiverr and Upwork. Once you grow into an expert freelance writer,
you can charge $1 per word or more. Not bad for a business that you can start
in your living room! Our fourth home business idea is social media
consultant. The world of social media is a little bit
in flux right now. Major social networks like Facebook and Twitter
are reporting declining user numbers, so why is this idea on our list? Well, although user rates are in decline,
77% of businesses still use social media for sales, marketing, and customer service. Most of these businesses don’t have a budget
to hire a full-time social media manager. Home-based consultants advise their clients
on social media strategy, run ads, and analyze postings and ad spend. An experienced social media manager can charge
$120 or more per hour, and all you need is a computer and an internet connection to get
involved with this job. Our fifth home business ideas to become an
Etsy seller. There are currently over two million active
sellers on the handmade and vintage goods marketplace. When first starting out as an Etsy seller,
it will probably need to be as a side hustle or part-time home business because competition
on the platform is high. However, if you have a product that customers
really love, you can make thousands from the Etsy platform, even six figures. For more insight, check out our video with
Tips on Opening an Etsy Shop. Our sixth home business idea is video game
design. You probably expect to see a profession like
software engineering or coding show up on our list of home business ideas, but you might
not think of video game design. Getting paid to design code and test video
games is a dream job for many people. If you don’t already have the technical skills
for game design, there are plenty of tech boot camps that can teach you the skills you
need to know in just a few months. Today, games are developed only by a few major
studios around the world, so it can be tough to break out as your own game publisher. However, many work-from-home gamers consult
with and develop games for larger studios as contractors. Although video game design jobs have remained
stagnant for many years, this industry is now showing an annual growth rate of almost
12%. Even inexperienced game designers can make
an annual compensation over $40,000. Our seventh home business idea is home staging
and renovation. A good home stager is very valuable for home
sellers and sellers’ real estate agents and brokers. On average, staged home sell at 8% faster
and for 20% more money than non-staged homes. Home staging is the art of decorating a home
so that buyers can envision living in that space. If you have connections with local real estate
professionals or home builders, you can land home staging jobs for several homes in a single
community. Appointment scheduling and communications
with sellers and their representatives can all occur from the comfort of your own home. Home staging is always in demand, but it’s
especially impactful in a slow market when sellers want to incentivize buyers. Self-employed home stagers can charge around
$300 to $600 for a home staging consultation, and $500 to $600 per month for each fully
staged room. Our eighth home business idea is senior care
services. Every day in the US, about 10,000 seniors
turned 65 years old. As baby boomers age, more and more of them
want to stay in their own homes instead of using nursing home care. This opens up plenty of opportunities for
nurses’ therapists and personal aides. The number of jobs in home health care is
expected to rise 41% by 2026, making this one of the fastest growing industries in the
country. Most states require entrepreneurs to get licensed
to provide home health services, but you can focus on just helping seniors with day to
day tasks. Or, to command a higher pay, you can obtain
Medicare and Medicaid certifications from your state. Get your business’s name out there and start
finding clients by advertising your business on social media and on local associations
such as the National Association for Home Care and Hospice. Our last home business idea is to teach English
(or any other language that you’re fluent in). Several countries around the world are generating
big demand for native English speakers to teach English. In China, for example, 300 million people
are currently learning English. South Korea, Japan, Vietnam, and Taiwan are
other countries with a huge demand for English teachers. The website italki.com allows both professionals
and non-certified individuals to sign up as language teachers. You can provide your schedule of availability,
your lesson plan, and pricing, and then you’ll be matched to students around the world who
want to learn English. Make an average of $10 to $15 per hour to
teach English by Skype, FaceTime, or other video software. With a big enough roster students, this could
turn into a very successful home business idea. And that wraps up our list of home business
ideas. Remember that bonus tip we mentioned at the
beginning? Well, our bonus tip is to treat your business
like a real business even if it’s home-based. Before you get started, create a business
plan to test your idea and plan for your company’s growth. You might even want to start part-time and
then slowly ramp up to full-time as your business gains more customers. Check out fundera.com/blog for more business
insights, and subscribe to our YouTube channel for more videos. Thanks for watching, everyone.

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