Home-based businesses are becoming increasingly popular. There are a wide array of business types that can be run mostly, if not entirely, from home offices. If you’re looking for a home-based business idea to start your new venture, here are some to consider.
The Home-Based Business Market in 2023
The online business world has become exponentially more popular over the last few years. Many existing businesses were forced to pivot their existing operations to remote models during the pandemic. And this increased acceptance of remote work also opened up opportunities for home business ideas in other industries. There are also many technology opportunities to support those pivoting to remote models.
Why Should You Consider Starting Your Own Business From Home
If you’re thinking of starting a business in 2023, here are some top reasons to consider running it from your own home:
- Decreased costs: With a home business, you don’t need a separate office or retail space. You can save that money to use in other areas instead.
- Increased flexibility: Running a business from home allows you to work nearly any time. Depending on your industry, you can work around your family’s schedule or even change location as needed.
- Access to talent in any location: If you need to hire or outsource certain operations, you don’t need to just look for those who can work with you in person. You can instead work with anyone around the world remotely.
- Opportunities for work-life balance: Time and location flexibility may allow you more opportunities to travel, enjoy fun hobbies, or have quality time with loved ones.
- Ability to pivot and scale: You can run a business from home indefinitely, or just start there to save money and pivot or grow over time.
There are home business opportunities in nearly every industry. Finding the best one for you may require some introspection or trial and error. But here are some of the best home business ideas to provide early inspiration for your search.
1. Dog Grooming Business
Set up a grooming space in your home or purchase a mobile grooming vehicle and travel to clients throughout your neighborhood. Then you can run the business operations from your home as well.
2. Subscription Box Business
Subscription box businesses involve selling groups of products each month or quarter on an ongoing basis. To run this business from home, you’ll need enough space to store inventory and sort it into boxes each month.
3. Virtual Assistant
Virtual assistants businesses run entirely online. You can help business clients with everything from scheduling to managing their social media accounts and communicate with them via email or Zoom.
4. Social Media Manager
Or you can start a dedicated social media business where to manage posts and strategies for various businesses.
5. Dropshipping Business
A dropshipping business is an online store where the inventory management and logistics are managed off site. So you’d essentially pay an outside service to help you with these extra elements.
6. Marketing Service
Entrepreneurs with marketing experience can offer specialized services to businesses and communicate entirely online.
7. Car Detailing Business
Start a car detailing service where you travel to clients. You can run all the administrative tasks from home and just drive to jobs as they come up.
8. Affiliate Marketer
Affiliate marketers earn a commission off each sale they send to a partner business. You can post affiliate links to your website, social media presence, or online newsletter.
9. Online Tutoring Business
If you have experience in a specific educational subject, offer online tutoring sessions on platforms like Zoom.
10. Catering Service
With a catering business, you can run the business tasks and make the food from home and just travel to special events. You may need a special permit for a home kitchen, depending on your location.
11. Pet Sitter
Pet sitting businesses can watch animals at people’s homes while they travel. Or you may bring them to your home if clients prefer.
12. Property Manager
Property managers handle a variety of tasks like rent collection and maintenance for residential and commercial properties.
13. Personal Trainer
As a personal trainer, you may work with clients at a home gym or even online.
14. Landscaping Business
If you want to work outside, offer landscaping services like tree trimming and lawn maintenance. Then run the administrative tasks from a home office.
15. Online Course Creator
Online courses can teach anything from digital marketing skills to personal styling.
More Great Home Based Business Idea Examples
If you’re still searching for a home business idea that suits your needs, here are several more to consider.
16. Print on Demand Business
Print on demand businesses use online services to design their own t-shirts and similar printed products. These sites manage most of the logistics like printing and shipping.
17. Dog Walking Business
If you like walking outside, offer your services to local pet owners.
18. Freelance Writing
As a freelance writing business, you can contract with online publications or businesses and charge a set fee per piece.
19. Web Designer
Those with design skills can offer web design services for businesses on a contractual basis.
20. Home Daycare Business
If you are good with kids, consider starting a home daycare. You may need additional permits depending on your location.
21. Music Lessons
If you’re musically inclined, offer lessons to others in your area. You may welcome them in person or offer lessons virtually.
22. House Cleaning Service
As a house cleaning service, you just need some basic cleaning supplies and business sense to connect with local homeowners.
23. Event Planning Business
Help individuals and businesses in your area throw successful events using your organizational and communication skills.
24. Jewelry Designer
Create your own jewelry and sell it online or at local craft fairs and shops.
25. YouTube Channel
Film your own videos and share your content on YouTube, earning money from the platform’s ad sharing option.
You can also record your own podcasts in a home studio and charge businesses for ads.
Write in a home office and either find a publisher or self-publish online.
28. Interior Design Business
Offer your interior design skills to local homeowners, either working with them in-person or online.
Photographers can capture images and then sell prints online.
If you have woodworking skills, set up a small shop in your home or garage.
Other Ideas for a Successful Home Based Business
All it takes is one great business idea to succeed working from home. If you’re still looking, here are several more ideas to help you earn money at your own house.
Start your own blog and then earn income from affiliate links, ads, or brand partnerships.
32. Furniture Upcycling
Buy vintage furniture from local thrift shops and turn it into something that others may be interested in purchasing.
33. SEO Service
Help businesses with search engine optimization, working with them entirely online.
34. Mobile App Designer
Use your coding and design skills to create your own mobile apps to sell, or work with clients.
35. Life Coach
Communicate with clients online to help them with various life goals.
36. Business Consultant
Or you may specialize just in business subjects, charging clients on an hourly or per-project basis.
37. Handmade Business Owner
If you like making crafts, sell your creations on an online marketplace like Etsy.
38. Farmers Market Vendor
You may also grow your own food or flowers and then sell them at local farmer’s markets.
39. Massage Therapist
Set up a massage area in your home to offer professional services. Some locations may require additional permitting.
40. Home Hair Stylist
Hairstylists can also work with established clients in their homes.
41. Social Media Influencer
Start your own social media presence and then work with brands to create content that promotes their offerings.
42. Proofreading Service
Work with authors and businesses to proofread their content for a small fee.
43. Alterations Service
Sew clothes and home items for local clients.
44. Handyman Service
Offer your services to homeowners to fix small issues with their homes.
45. Remote Travel Planner
Work with clients online to help them plan trips. This can be especially useful for large groups.
Useful Tips for Starting a Successful Business at Home
Even if you’re starting at home, small businesses need a plan to be successful. Here are some general tips to help your new home-based business succeed:
- Create a productive workspace: There can be lots of distractions while working from home. So choose a room or area where you can actually get work done. If possible, it should be behind a door or divider to limit access to the rest of the home.
- Set dedicated work time: Even if you love the flexibility of a home business, set dedicated hours to ensure you accomplish necessary tasks. Either outline hours with yourself and your family, or set timers for focused work and let everyone know when you aren’t available.
- Separate business and personal expenses: Home office expenses, inventory, and any business services can be written off as business expenses. Additionally, keeping your business finances separate can help you with bookkeeping and compliance.
- Create a growth plan: Some businesses just start at home and eventually grow to other locations. If this is your goal, create financial projections and price out commercial real estate space in your area to see if and when this may be feasible.
What Home-Based Business Is Most Profitable?
Profitability varies widely by location, industry, and individual business. However, the home-based businesses that tend to be most profitable are those that offer a skilled service. For example, a bookkeeping business, marketing consultant, or research service can all offer the basis for a profitable business.
What Is the Best Business to Start From Home?
If you’re looking to start a new business venture in your home, the best idea is one that you may enjoy but that also offers opportunities for profit. The list above offers tons of ideas. Some of the most popular include an online store, pet sitting business, catering business, social media consultant, or house cleaning service.
Image: Envato Elements
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