10 Good Business Ideas to Start from Home

Good Business IdeasThere is nothing like having a successful home-based business. I’ve been working out of my home for years, and you can’t beat the freedom and flexibility this type of lifestyle offers. Another major benefit is the tax write offs. Operating a business from home opens the door to numerous tax deductions you could never take advantage of as a standard employee. Many people find the work-from-home lifestyle attractive, but they have difficulty finding a good business idea they can operate out of a home office.

2018 is shaping up to be a great year for the U.S. economy, and that means more opportunity for aspiring entrepreneurs to get into a good home-based business. There are countless good business ideas to start from home. Here are 10 that are easy to get into and can help you make money right away:

Driving for Uber or Lyft

I know what you’re thinking – hauling passengers around town in your car all day is the furthest thing from your dream job. I get it. But consider the benefits of being an Uber or Lyft driver. There is an extremely low barrier to entry (as in, all you need is an acceptable vehicle, insurance, decent driving record, and clean criminal history), there is almost zero cost to get started, you can work whenever you want, and you can earn cash immediately. Though it might not be a good business idea for the long-term, it is a great side business you can start to earn steady income while you are working on your true passion.

Senior Care Provider

As a work-from-home elder care provider, you can make daily house calls to seniors in your community to check up on them, do light housekeeping, cook meals, help them shop for groceries, or just provide general companionship. With the Baby Boomers retiring and 10,000 of them turning 65 every day, the market for clients is virtually limitless. If you are on a limited budget, you can start this as a personal service you provide and charge somewhere in the neighborhood of $20 to $25 per hour, depending on your location. If you have some capital to invest and really want to go big with this, consider partnering with an established and reputable senior care franchise brand.

Home Inspector

The U.S. housing market is heating up again in most areas of the country. And one critical step in the home-buying process is the home inspection. This makes it one of the best business ideas to start from home in 2018. Requirements to become an inspector vary by state, and if you have a background in real estate or construction, this is a major plus. Of course, it is also helpful to know others in the real estate industry as this is where your clients will come from.

Home Stager

Another way to capitalize on the thriving real estate market is as a home stager. If you have an eye for design and enjoy decorating the insides of homes, this could be a great business for you. A background as an interior decorator is extremely helpful, and as with the home inspection business, knowing people in the real estate world will be highly beneficial in building your clientele.

Handyman

Homeowners have continuous needs for small repairs around the house. And since many in the construction industry are too busy these days to take on smaller jobs, this provides a perfect opening for a handyman business. If you are handy around your own house, you may have what it takes to make it with this type of home business. All you need to get started is a good set of tools and perhaps a van or large pickup truck to keep them in. What makes this a really good business idea is the ability to market your services right out of the gate on sites like Craigslist and Takl. There are also handyman franchise opportunities for those who want a complete business plan with comprehensive guidance and support.

Bookkeeper/Tax Preparer

There are millions of small businesses these days, with new ones starting every day. One thing they all need is a bookkeeper. Many try to do this themselves, but they soon find out that this is a task that is far better outsourced to a professional. If you have a background in accounting, becoming a bookkeeper and tax preparer for small businesses is a good home-based business idea that you can quickly build a steady income with. You can use Craigslist to start building your clientele – just email local businesses that are advertising their services there and put your own ad there. This strategy alone should get you some new clients.

Personal Organizer

Are you one of those “Type A” personalities that loves to organize rooms and closets just for fun? If so, why not offer your services to your friends and neighbors and get paid to do what you love? People are overwhelmed these days, and many cannot find time to keep their homes organized. Become a provider by listing your services on Craigslist and Takl and you’ll be in business.

Graphic Designer

Businesses have a constant need for graphic designers to create logos, infographics, and other visual elements for their online and offline marketing campaigns. If you are the creative type, graphic design is a good business idea that you can start from home and market your services through freelance sites such as Upwork.

Web Developer

As of the end of 2017, nearly half of all businesses still don’t have a website. This provides a massive opportunity for someone with the technical skills to capitalize. Keep in mind also that web design is only the beginning of the web development opportunity. Once their site is live, they need content, search engine optimization (SEO), videos, social media pages, and a mobile web presence to truly establish a digital footprint. You can help businesses with these and many other services, and make a very nice living doing so.

Copywriter

Think about all the content that is out there these days – from traditional TV and radio ads to magazine ads to direct response sales letters to countless forms of digital content. Someone has to create all that content, and if a business does not have an in-house writer, then they need to look for a quality copywriter to do the job for them. There are numerous ways you can enter the freelance copywriting world. One course I really like is the New Freelance Writer Starter Pack. For an investment of around $500, you get everything you need to develop the skills and start landing clients with your new home-based writing business. If you have always loved to write but never thought you could get paid to do it, this might be the home-based business idea for you.

Choosing the right franchiseThis is just a sampling of the numerous good business ideas you can start from home. There are countless other business models out there, and there is no “one size fits all” model that suits everyone. The best place to start is by honestly evaluating your own passions, skills, and budget. Once you are clear on what you really want, then you will be ready to start looking at which home-based business ideas might be right for you.

 

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