There’s a lot to be said for working for yourself. There’s nothing better than deciding your own hours, putting in your own level of effort, and reaping the rewards.
There is a growing trend across the world for entrepreneurialism and “solopreneurialism”. Working for yourself has its appeals, but often there is one issue standing in the way – money. Starting a business can be very expensive, and it’s one of the major roadblocks for people who otherwise have good business sense and great ideas.
We’ve spoken with some of the most successful home business operators and scoured the web for great ideas. Here is our list of the top 10 home business ideas you can start for cheap.
1. Cleaning Service.
Cleaning is one of those jobs that you can get into easily, but takes a lot of time and practice to get a real knack for.
Cleaning products are relatively cheap, and as long as you use the right chemicals, personal protective equipment and a uniform can be quite cheap as well.
The key to success in the cleaning business is word of mouth. You don’t need to spend a fortune on advertising, just do a great job and ask your clients to keep you in mind when their friends and associates are also looking for cleaners.
You can pick up a few residential and commercial clients simply by asking around. You might discover that some businesses are unhappy with their current cleaners, or are looking for an environmentally friendly alternative.
2. Online Writing.
Content is big business. Many businesses have online blogs, and a large number of respected publications are increasingly looking to freelancers to expand their content offering.
Editing, ghost writing, and copywriting are all in huge demand. If you’ve got decent English skills, and you’re not a bad writer, you can get a lot of work with a bit of commitment and attention to detail.
It may take a bit of time to establish yourself and find well-paying clients, but once you do, you’re on the way to serious money. A lot of people make a full-time income from online writing.
3. Event Planning.
More and more people are recognizing the value of a quality event planner. There’s a lot of pride in throwing the perfect event, whether it’s a birthday party, wedding or corporate Christmas party.
It takes a good understanding of peoples’ needs and attention to detail, but with practice, event planning can become the perfect career for some people. If you’ve got a bit of experience planning events, and reckon you can do a better job than most, this is definitely something worth dabbling in. There is a lot of money in event planning for certain occasions, such as weddings or even festivals.
4. Household Organizing.
Some people have very little free time. They may have several children, or a demanding career or study schedule. They may also be required to travel regularly. These people often need a hand organizing their homes.
Household organizing involves getting a clear picture of the needs of your client, and ensuring their home is structured to help them get through their lives with ease. This includes shelving arrangements, clearing clutter, and sometimes even filing or storage systems.
5. Grocery Delivery.
There are many major startups entering the grocery delivery scene, but that doesn’t mean you can’t find your niche and make an impact.
There are plenty of people who need grocery delivery service. Busy parents and professionals, as well as the elderly and disabled, often simply don’t have the time to pick up their own groceries. Many of these people also need other errands ran for them, so that presents an easy opportunity for expansion of your services.
6. Property Management.
The barriers to entry for property management are pretty low. With a basic real estate license, you can manage peoples’ investment properties for a fee.
Tasks typically include getting residents into properties, collecting rent, and managing maintenance issues. If you’ve got a good head for organisation, and reasonably decent people skills, you can make a good living through property management. Many people actually do it outside of their main job, as a means of gaining side income.
7. Social Media Consultant.
Social media has made a huge impact on the way people live, from how they interact with others to how they shop. Many businesses have recognized the importance of social media to their success, and as a result social media consultants have become highly sought after.
If you’ve got a good working knowledge of social media, and enjoy using it, then working as a social media consultant might be for you. If you do your research and stay ahead of current trends, you can make some decent cash doing it too.
8. eBook Author.
Do you have some niche knowledge, or a flair for creative writing? There’s quite a bit of money to be had in writing eBooks, and it doesn’t cost much more than your time (and a cheap design for the cover, if you want to).
The key to making serious money as an eBook author is to keep writing. The more niche subjects you can write about, the more you’ll make. eBooks are a great passive income. While they’re listed on an eBook website, they’ll continue to make you money every time a copy sells, regardless of whether or not you’re actively promoting it.
9. Resume Editing.
Not enough people recognize the importance of a well-crafted resume. Human resource officers and recruiters are only human – they’re as easily impressed as the rest of us.
If you’ve got a bit of design skill and some good copy-writing skills, you can help people put together a winning resume. Because it’s directly related to them getting employed, you could even offer a guarantee of “no job, no fee”.
10. Virtual Assistant.
The digital era has given rise to a host of new job types. The virtual assistant is one of them. Many busy professionals and businesses are turning to virtual assistants and virtual receptionists to help them schedule appointments, manage calendars, and do basic clerical work.
It’s not difficult to break into business as a virtual assistant, but to get paid well, you’ll have to be good.
Every day, people are discovering more and more ways to make extra cash on the side. The above 10 home business ideas you can start for cheap are simply the tip of iceberg. Do some research and find something that works for you.