Anyone considering launching a home-based business is in good company. These government statistics only consider businesses that are reporting business activity - not people who conduct a part-time hobby from their home but do not consider it to be a business. Yet half of US businesses in 2002 were being operated in a home. The SBO data also reveals that 33 percent of non-employer small business owners started or acquired their business with no capital at all [3]!
There are many reasons to start a home-based business. In fact, there are probably about as many reasons as there are small business owners! Starting a small business is hard work, but it is also rewarding work. Working for yourself also provides a measure of security and flexibility not available in any job. How much security and how much flexibility depends on the type of business you operate as well as your motivation and determination to succeed.
The Great Recession, as the 2008 economic recession has come to be called, has resulted in frightening numbers of layoffs for American workers. There are many areas of impact with this level of recession, including significant losses in retirement and investment funds, distrust of corporate decision-makers and executives, and a loss of confidence that any job is really safe from sudden downsizing or layoff.
For many people, being self-employed or operating their own home-based business has always been a dream. Leaving the corporate world behind, eliminating long commutes to work, spending more time at home with family, and a desire for a simpler lifestyle have all been listed as reasons why people decide to trade the "security" of a corporate job for a home-based business.
Individuals with disabilities are also frequently attracted to self-employment or small, home-based businesses. "Information from the 1990 national census shows that people with disabilities have a higher rate of self-employment and small business experience than people without disabilities (12.2 percent of people with disabilities versus 7.8 percent of people without disabilities)" [4]. This is not surprising for several reasons, whether ease of accommodation or greater scheduling control than would be available with a conventional job.
There are many reasons to start a home-based business. In fact, there are probably about as many reasons for starting a small business as there are small business owners! Starting a small business is hard work, but it is also rewarding work. Working for yourself also provides a measure of security and flexibility not available in any job. How much security and how much flexibility depends on the type of business you operate as well as your motivation and determination to succeed.
Starting and operating a small business is an exciting adventure filled with variety and surprises. You will not be alone on this exciting journey though. Small businesses have always been an important part of the American economy and continue to be so today.
I have compiled a list of 72 business ideas that are well suited to operating as small, home-based businesses. Several of these ideas are businesses that I have actually participated in myself. Other ideas are businesses that I have known others to participate in starting and running. Not every idea will appeal equally to everyone; however, there should be at least a few ideas that are interesting to everyone. Most of these ideas can be started on a true shoestring budget using tools or equipment that you probably already own or can readily access. A few are seasonal, may require a larger investment to run well, or may require some degree of experience or training thus limiting who may be able to start that particular business. Overall this list should be a useful too to anyone considering starting a home-based business but unsure of which direction to explore.
72 Home-Based Business Ideas
- Web Design / Hosting
- Handyman / Property Maintenance
- Income Tax Preparation
- Home Care
- Lawn Maintenance / Snow Removal
- House Painting
- eBay Auctions
- eBay Reseller Service
- Pet Care / Dog Walking
- Recycling Service Pickup
- Writing - Articles, Web Content
- Photography
- Videography
- Call Center / Answering Service
- Telemarketing
- Virtual Office Assistant
- Computer Repair
- Home / Office Cleaning
- Catering
- Event Planning - Weddings, Conferences, Reunions, etc.
- Social Media Marketing
- Dry Cleaning Pickup and Delivery
- Grocery Shopping and Delivery
- Restaurant Take-Out Delivery
- Driveway Sealcoating
- Computer / Software Tutoring
- Academic Tutoring
- Fitness Trainer
- Life Coach
- Consultant
- Seminar / Public Speaking
- Window Washing
- Auto Detailing
- Tailoring / Clothing Repair
- Photo Framing / Matting
- Fly Tying / Lures
- Jewelry Making
- Mobile Mower Repair / Blade Sharpening / Snowblower Repair
- Small Engine Repair
- Handmade Clothes - Sew, Knit, Crochet, etc.
- Scrapbooking - Parties or Custom
- Desktop Publishing
- Junk Removal / Recycling
- Translation Services
- Mobile Oil Change
- Virtual Public Relations
- Beauty Consultant
- Financial / Credit Counseling & Planning
- Cake / Cake Decorating
- Interior Decorating
- Music Lessons - At Home or Client's Home
- Landscape Design / Installation
- Internet Research / Information Broker
- Internet Marketing - Service, Consulting
- Advertising - Design, Consulting
- Bicycle Repair / Sales
- Video Editing / DVD Preparation
- Toner / Ink Refilling
- Resume Writing
- Antiques and Collectibles
- Bakery Business - Special Order
- Bookkeeping / Accounting
- Coffee Shop - Mobile or Home Based
- Mobile Food Vendor
- Grant Writing
- Image Consultant
- Personal Chef
- Nanny / Child Care
- Business Coaching
- Pressure Washing
- Affiliate Marketing
- Blogging
SOURCES
[1] US Department of Labor / Office of Disability Employment Policy - http://www.dol.gov/odep/programs/promotin.htm
[2] US Census Bureau / Survey of Business Owners (SBO) - http://www.census.gov/econ/sbo/02/cbsof.html
[3] US Census Bureau / Survey of Business Owners - http://www.census.gov/econ/sbo/02/cbsof.html
[4] US Census Bureau / Survey of Business Owners (SBO) - http://www.census.gov/econ/sbo/02/cosumsof.html
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