Top 11 Home Based Business Ideas to Consider

Start a home based business to control your career destiny. According to researchers, more and more people like the flexibility of managing and operating a business from home. Women are especially attracted to self-employment in a home based business because they want independence, escape from employment or equal pay barriers. Some women want to avoid a future downsizing or layoff at a traditional employer. They don’t see employment as a long-term growth opportunity.

Select a time-tested home based business idea or start something new. Consider how much time and effort you want to put into a home business. Know how much capital you can commit. According to the Small Business Administration (SBA), most small businesses fail because the owner doesn’t plan ahead. Write a business plan, then consider at least eight home based business ideas you can start with little or no capital.

the words home business written with chalk

1. Financial Aid Planner

Help parents identify financial resources and compare costs. If you have experience in college admissions and financial aid planning, your services are in demand. Advertise your services in area high schools, private tutor centers, libraries, colleges, and universities. Know the different types of federal and private student loan programs, including college savings plans.

2. Freelance Writer

Start a home based freelance writing business if you’re an experienced writer or communicator. Start with a copy of the “Writer’s Market” to contact publications and sites in search of writing services. Write query letters to pitch your writing ideas.

Ghostwriting is another option if you don’t mind writing for others. Start a website for your freelance writing company. Use social media, including Facebook, LinkedIn, Twitter, YouTube, and more to promote this home based business online.

3. Graphic Designer

Design communications materials, flyers, catalogs, advertisements, and web pages for others. Upgrade your skills to include digital design. Market services to entrepreneurs, professionals, digital agencies, manufacturers, or publications. If you have good connections in a certain industry, reach out to contacts to jump start the new home based business.

4. Grant Writer

A grant writer is an intermediary between funders and grant seekers. Some work in an independent contractor capacity. If you previously worked in a development office at a college or nonprofit organization (NPO), it may be relatively simple to start a grant writing business.

Use your knowledge of funding to help those in search of project grants, startup funding, challenge grants, matching grants, endowment grants, and so on. Many NPOs rely on the grant writer’s prior experience. Few ask for certified grant writers.

an illustration of a house drawing with the dollar sign on its roof

5. Consignment Proprietor

Use your love of antiques, jewelry, vintage clothing, furnishings, art, etc., to start a home based business. To test your concept, liquidate items for others online or broker items between buyer and seller. You won’t need a retail location if you consign items online. Earn money by charging a percentage of the sales price or flat fees. Auction sites are a good place to start. Create a business website to give your business instant stature.

6. Homemaker Agency

Serve new mothers and seniors who need help with meal preparation or light housekeeping. Not every client needs a certified nurse’s aid (CNA) to perform these tasks. If you’re already certified, use your experience to market homemaker services. Find clients by advertising your business at the local community center, senior center, rehab center, hospital, or physician’s office. When business demand grows, you’ll need to hire employees.

7. Recruiter/Recruiting Agency

Open a home based brain hunting firm if you have human resources, staffing experience, or research qualifications. To increase your chances of success, consider offering retained instead of contingency services. A retained recruiter is paid during the search process. Contingency recruiters are paid only when the client hires his or her candidates. Check on your state requirements for this home based business idea.

8. Medical Biller

Physicians and hospitals need help with medical billing. Most health care providers accept private insurance, Medicare, or Medicaid from their patients. To get paid, the provider must submit claims in the proper format. Knowledgeable medical billers are in demand. Start this home based business with little or no capital.

a young smiling woman holding a board with the word open

9. Private Tutor

If you are good at a certain subject, you should definitely offer private lessons to kids and scholars. From mathematics to music, there are plenty of potential clients out there. It all depends on your skills. Start with your friends to promote your business. Another way to raise awareness is by distributing flyers in schools and kindergartens.

10. Recycling Business

Nowadays, people throw a lot of trash that contains plenty of items that could be recycled. You can maintain a general approach and offer recycling services for several materials such as plastic. Or, you could target a certain niche market. For example, you could offer to shred and recycle old documents and papers from businesses. This is a good way to make money, protect the planet, and helps companies protect their confidential data.

11. Sewing Business

Custom curtain or other clothing or home décor items making is a popular and profitable business nowadays. If you have interest and skills in interior design or fashion, you could consider this home based business. Again, you can create several items from different categories, or you could focus on one niche. For example, you could design handmade curtains. Another fun and profitable idea is to create customized bridal veils.

Putting It All Together

Start your home based business now after taking the time to write a business plan. Some home based business ideas grow fast. For instance, a growing consignment shop might benefit from a retail location. A growing homemaker service might need office space. Have you started a home based business? What kind did you start? Was it a great decision for you? Share your experience and insight now.

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