Are you looking for the exciting yet profitable home based business ideas to pick the right one according to your interest, then this blog post is for you!
Home based businesses are fast becoming the most favored way to earn money or augment an existing source of income. There are several benefits of launching a home business provided you have the dexterity and discipline.
Home businesses do not require huge investments. Nor do they require a squadron of employees. Work hours are flexible and expanding the nature and scope of the business is quicker.
A few skills, a computer connected to the Internet, social media marketing and a bank account to accept online payments are sufficient for any entrepreneur.
Best Home Based Businesses To Earn At Spare Time
Some of the trending home based business ideas that can be executed are as follows!
1. Online Counselor
Counseling is a huge field. People require counseling for various things- from investing in a house to marital issues, choosing a school to career guidance.
Those with extensive knowledge on a particular topic can run a successful business of online counseling.
2. CV/ Resume Writer
A resume that sounds great works great. Companies base their decisions of inviting a candidate for an interview based upon their Curriculum Vitae (CV).
If you possess skills required to write a CV that aptly describes job seekers and their qualification, aspirations, you can venture into the resume writing business online.
Professional CV writers do not make common mistakes that candidates do and avoid these mistakes.
3. Blog Writer/ Content Writer
Blogs were once considered as a bane by all industries since people could openly express their opinions on anything. Today, blogs are considered as necessary tools for promoting a product or service, political agenda, and security.
Ability to comprehend new things and expressing them informally are skills needed to open a blogging business. Even SureJob has mentioned blogging on the top of their online business list.
So, if you are good at writing, you may start offering your content service and make income at the spare time.
4. Ethnic Products
The world is indeed shrinking as people migrate to meet their educational and financial aspirations. Yet they invariably carry the taste, sights, and sounds of home wherever they go.
A huge market for ethnic products exists worldwide. Understanding the needs of an ethnic group and supplying their needs is a great way to make money online.
5. Savings/ Insurance Consultancy
Buying insurance or investing in a savings product is often confusing. Limited knowledge makes people wary about directly approaching an insurance firm or bank.
Anyone with sound knowledge of these financial sectors and the ability to explain easily to lay persons can offer savings and insurance consultancy business from home online.
Banks and insurance firms pay lucrative fees to consultants. Banks and insurers also pay for accepting premiums and installments due from customers.
6. Remote Technical Support
Companies large and small require technical assistance for their IR systems. Large salaries demanded by IT professionals makes impossible for several businesses to hire one full-time.
Thus providing remote technical support to such companies is another excellent internet home business.
7. Real Estate Brokerage
A shelter is among the basic needs of humans. Homes, shops, and offices are in demand around the year and at every geographic location.
Provide a comprehensive listing of various new properties, residential and commercial properties for rent. Builders and housing finance companies have sumptuous advertising budgets and pay websites for their listings.
Thus, I have kept the real estate brokerage as one of the clever home based business ideas to make some dough at home.
8. Travel Assistance
Large foreign and domestic tour operators look for assistance for their tourists at every destination. This includes services such as local sight-seeing, hotel and car rentals, healthcare and other facilities required by travelers.
A small home based business offering these ground arrangements gets paid well by tour operators and service suppliers.
Online tutors are great in demand! If you have a good knowledge of a particular subject (like Maths or Science), then you may signup with the online tutoring sites and make a decent salary without stepping out of the home.
Not only the comfort of work from home, but you will also be getting an opportunity to deal with the technical developments like web-based software (like Whiteboard) and virtual classroom.
10. Payroll Management
Salaries and other wages are remitted directly into bank accounts of employees. Meticulous calculations are required before drawing the final pay slip.
Managing employee payroll is one of the best home business ideas that is in season always.
11. Gifting Services
Companies and businesses scour the market for great gifts for their associates and employees. These gifts are sometimes personalized to carry the identity and logo.
Services for designing and delivering personalized gift items are catching up gradually as online home businesses.
12. Feng Shui/ Vastu Consultant
The Internet is rife with articles that speak about positive effects of Feng Shui and benefits of home and office arrangements according to the ancient Indian science, Vastu.
The two are also used for home and office décor. Families and companies will pay you handsomely for advice on how to generate good vibes for progress and prosperity.
13. Computerized Horoscopes And Birth Charts
Ancient science combined with modern technology is common nowadays. An increasing number of superstitious people want a computerized horoscope for everything- from curiosity to arranging matrimonial.
A good PC with appropriate software, mystical looking paper, and a high-quality printer are stuff you will require for this high-demand online home business.
14. Homemade Cosmetics And Beauty Products
Multinationals spend billions of dollars on research and development of cosmetics and beauty products that will offer ultimate skin and body care.
Yet, a great demand for home remedies and treatments exists. Making herbal cosmetics and beauty products at home is fairly complex.
But the beauty conscious are willing to go great lengths and pay well for handmade, traditional personal care products.
15. Translation Services
Anyone with expert level proficiency in two or more languages can fork in big bucks through the web-based home business that offers translation services.
The type of translations you offer decides the amount you earn. Translating specialized textbooks and legal documents is a very profitable online business from home.
Final Words (Branding, Marketing & Promoting Your Online Home Business)
Proper branding works wonders for online home businesses. Once branded well, the product or service can be marketed easily using social media and micro-blogging tools. Facebook, Twitter, and WhatsApp are excellent tools to promote your brand free.
Start from home. Meaning, involve your relatives and friends as customers. Seek and post their reviews online. Good reviews are key to the success of your online home business. Post videos of your product and services on YouTube whenever possible.
You save lots of overhead expenses with these online home based business ideas. You have to pay lesser taxes when compared with its commercial counterpart. Also, you can choose your own working hours and expand or downsize the business at ease, whenever required.
So, what do you think about these genuine ways of making income at home? Leave your views in the comment section!