Family & Lifestyle

10 Best Home-Based Businesses

Aug 2, 2017 | Family & Lifestyle

What do Apple (the company), Hershey’s and Ford Motors have in common? All three of these well-known corporate giants started out as home-based businesses. Home based jobs do have their plus points. If you want to start off a business from home and get rid of that person looking over your shoulder, you will be able to select the hours you wish work and you will get to keep a big chunk of the profits.

If you find yourself working too hard and spending too much time away from what matters most in your life… family? Then starting up your own home based business should be right up your alley. If you are confused and don’t know what home business to start? Here are a few.

Virtual Assistant

A virtual assistant provides support services to businesses and companies. If you start this kind of home based business, you will be working virtually, which means you will have to use the Internet, telephone, and fax to provide administrative support to your clients. In fact, a virtual assistant is able to provide a whole range of services without even being in the same room as the client. The business of providing home based virtual assistance can be a lucrative business, but the hardest part of it will be finding customers and getting your business off the ground.

Medical Transcriptionist

Medical transcriptionists listen to recordings which are made by health care professionals, such as doctors, etc. They then transcribe that audio recorded information into medical correspondence and reports. The job growth for this profession is expected to increase two-fold till 2018, part of this is due to the fact that there are just too many busy hospitals and medical practices that need transcription services to handle their workflow. But, before you start a home-based medical transcriptionists business, you will need to complete a training program to get hands on experience on what it is you will need to do and what services you can provide to your potential clients.

Translator

As countries and cultures become more and more integrated with one another, there is a growing need of translators to help build a bridge across the language barrier. If you are fluent in one or more language, then you can certainly work as a translator to translate important documents, contracts, newsletters, memos, emails, etc. You can also help people when it comes to personal dialogue.

The income potential of a translator varies according to the skill of the individual. Even if you don’t know more than one language, you can keep freelancers on a contract to do the work for you. There are a number of freelance websites which are made especially for translators that can be used to find new business, or you can just browse through them to select freelance translators who can work for you.

Web Designer/Developer

If you are great with code, then a job as a home based web developer/designer is for you. Businesses need high quality websites to attract new clients, here is where your services will come in. For most people who start of home based web designing/ development services, it’s all about the freedom and doing something they love.

 The definition of success however in home based web designing services, will vary. For many, it may mean making thousands of dollars each month and having to employ a few more people to work on different projects, whilst others may just be satisfied in earning a few hundred dollars a week. Web designing/development is one of the most sought after home-based businesses nowadays with millions of people going online by the second. So, if you are good at designing captivating web templates, be sure to try this out.

Call Center/Receptionist

A call center business caters to businesses that need to have incoming phone calls answered. This service is commonly utilized during the off duty hours of a business, but some businesses may also contract their call handling services to home based freelancers to provide their customers with a twenty-four hour service. Some of the businesses that use these services are, medical offices, legal offices, and businesses that offer 24/7 call services. What these businesses do is, they simply forward all their incoming calls to you for answering when the office is closed, which is usually at night or after the graveyard shift.

Travel Agent

Of all the home-based business you might have thought of, it`s hard to imagine one could be more fun or profitable, for that matter, than operating a home-based travel agency. Working at your own home-based travel agency is one of the most exciting business opportunities you could think of, and can be done, full-time, part-time, or even occasionally, although that is not advisable if you are planning to make it a single source of income. Becoming a travel agent is actually very easy all you need to do is get access to reliable information, build a client base by advertising your services on freelance websites and be very patient.

Teacher

If you love teaching and want to work from home there is good news for you. Giving tuitions at your residence is not a new concept, and you can easily make money teaching pretty much any subject. This is also a great way for those teachers who are unemployed to make a living by teaching various subjects or instruments. The opportunities however will draw upon the talents and skill sets of the individual. You can either teach in person, or you could record video lessons and post them online to make money.

Writer/Editor

Are you a passionate writer that just loves to put your thoughts on paper? Are you interested in making a living out of it? Well, now you can! Many writers have turned their skill at writing into a profitable home-based business. While earning a living from writing is the dream job of many writers, some people simply lack the drive and motivation it takes to get started. The trick is not to be held back by your fears. Taking the first step is important if you want your passion of writing to develop into a source of income.

Market & Survey Researchers

Did you know that there are companies that will pay you for your opinions? Companies that provide products and services always keep their eyes peeled when it comes to getting information on what their customers are looking for in their products of services. And the best way of doing this is by gathering feedback, preferably from someone who is not working in the company, per say, which is the reason why businesses want your opinions on the things you are interested in.

As a market researcher, every time you complete a market survey, you will be given incentives, such as cash, or gift certificates, you may even get exciting products. There are some things that you will need to consider before you jump on the survey researcher bandwagon, which is, if you are going to conduct primary research, you will have to decide how you will question your target group. The most commonly used ways of doing that are direct mail, telemarketing and conducting personal interviews.

Franchise Owner

If you are the hardcore enterprising type, home-based business franchises are a wonderful way for individuals to make money while still maintaining job independence. Many commercial opportunities are available from almost any industry that will compliment your interests and abilities. That being said, owning a franchise is not going to be easy, in order to be successful, you will need to have discipline that comes from within.

Home based franchises are often considered as one of the most profitable franchises in the franchise universe, mainly because they do not require the expenses that are usually associated with the traditional brick-and-mortar retail building, which means that the overhead is low, the inventory is minimal and you get to make a huge profit with your home-based franchise business while keeping your work timing flexible.

If you are looking to start a home based business, be prepared to work long hours and be willing to discipline yourself, because is it important to stay clear of any distractions that may occur, which is usually the case while working from home. Also, if you’re accustomed to working in a business that requires the need to stock pile merchandise, it may not be a good idea to start of a home based business and if you do, make sure you have the space that you need which will keep your work separate from your personal life, that is, your family and friends (nobody likes boxes of whatever lying around).