It’s 2022, and you want to start a business from home.
The good news is that there are more options now than ever before. You can make money from your laptop or tablet, which means you can work from anywhere in the world.
If you’re looking to start a business from home, here are the top ideas you need to know about.
1. Start An E-Commerce Store
You can start an e-commerce store from home and start selling online. It’s not as difficult as you might think. It’s easier than starting a brick-and-mortar business because you don’t have to worry about physical space or inventory. Moreover, you can use an online invoice generator to make your work look more professional.
Starting a business is no easy feat, but you can do it with the right online tools such as no-code jump pages which allow you to sell from your social feed. If you’re looking to get your feet wet in the e-commerce world, here are a few tips for you:
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Do your Research
Staffan Ulmert, Editor in-chief at Theleak.co says “The best way to start an online store is by doing some research first. Find out what products are selling well on Amazon or Etsy and how much it costs to start an online store. You don’t want to spend thousands of dollars on inventory only to discover that nobody wants your product!
Create a Business Plan
Once you know what kind of business you want to start, create a business plan, so everyone involved knows their roles in the company. You should also consider how long it’ll take for each stage of starting a business from home:
- Hiring employees;
- Marketing campaigns;
- Setting up shop at home or in an office space away from home.
Once you have built your business plan, you’re ready to set sail by creating your organization. Start slowly, but smart. Bring structure to your organization and add clarity on who is doing what.
Many eCommerce entrepreneurs don’t know where to get started, and starting off on the wrong foot can lead to huge problems later on. Using start-to-finish eCommerce methods such as the eCommerce Accelerator by SaleHoo can help you save tons of money as they’ll teach you how to dropship first to confirm ‘product market fit’ before investing capital into wholesaling, branding, and finally create a sustainable eCommerce business that has already been proven will succeed.
Build your Website
Once you know what products you want to sell and how much they cost, build an e-commerce website using YoKart, BrandID, Dukaan, Shopify or another platform that fits your needs best. Make sure that the platform comes with all the tools necessary for managing inventory and shipping.
You can even save money by offering in-house shipping by investing in logistics software for small business needs.
Make sure you have set right and essential analytical tools for any eCommerce to enable you to see exactly what visitors do on your website.
2. Launch an Online Dress Rental Store
If you want something more asset-light and easy to manage, then you can launch an online dress rental store. The best part about launching this type of startup is that you can keep all your inventory in a cupboard. There’s no need to invest in a warehouse or physical store.
To manage your dress rental store, you also only need very few skills. First, you need to understand the rental business model and learn to use a dress rental solution. Then you can use any logistic company of your choice to deliver the dresses.
Furthermore, you can collect insurance money from customers to protect your dresses or collect rental security. Use this rental security to pay for any damages and collect late returns/cancellation charges.
Mark Valderrama, Founder & CEO, Aquarium Store Depot says “Some other revenue generation channels that you can add to your dress rental business are subscription packages, rental add-ons such as jewellery and fashion accessories, and third-party advertising.”
Rental software like YoRent is the best solution to launch an online dress rental store and start your business.
3. Become a Freelance Writer
If you’re looking for a way to make money from home, freelance writing can be a great one to start. Infact, many people start out writing as a side hustle. Freelance writing is flexible work that allows you to set your own schedule and work from anywhere in the world.
Robert Warner, Head of Marketing at VirtualValley adds “Writing is essential for business owners and entrepreneurs who want to increase their visibility, build their brands, and market their products or services.”
Here are two ways you can turn your writing skills into cash:
Write Blog Posts for Other Companies
You don’t have to write only about yourself. Take on the role of an expert by helping other businesses with their content. There are plenty of opportunities available where you can pitch your ideas to potential clients and get paid if they decide to use your services.
Write Content for Websites / Blogs / Newsletters
Andrew Priobrazhenskyi, CEO of DiscountReactor says “You can also write for websites, blogs, or newsletters targeting your niche audience. This can be difficult because there’s a lot of competition in this space, but if you find something that fits within your area of expertise and pays well, consider it!”
4. Start A Virtual Assistant Gig
If you’re looking for a new gig but don’t want to leave your job or put in a ton of time on the road, becoming a virtual assistant is one of the best ways to make money from home.
Steve Rose, Vice President at MoneyTransfers says “As a virtual assistant, you can work from anywhere as long as you have Internet access. You can work from home, in coffee shops, and even on airplanes!”
The best part about this job is that there’s no limit on how much money you can make — it’s all up to your hustle and dedication to the business. You’ll have to invest some time at first getting set up with clients and learning about the business, but once you hit the ground running (or typing), it’ll be smooth sailing.
5. Be A Social Media Manager
If you have a knack for social media, you can earn money as a social media manager from home. Social media managers are in charge of promoting brands on social networking sites. Their goal is to increase brand awareness and ultimately drive sales or leads.
A social media manager may work for an agency or company and be responsible for multiple clients or work directly for one client. The responsibilities for this position will include the following:
- Creating and posting content on various networks such as Facebook, Twitter, Instagram, etc.;
- Monitoring activity on these networks and responding to comments or questions in a timely manner;
- Creating email campaigns that promote content posted on different networks;
- Analyzing data to determine which types of content perform best and what kind of content should be posted more frequently;
- Monitoring analytics to determine how much traffic each post receives.
- Listen to posts and hashtags which are trending in your niche.
- Automate DMs to your audience.
6. Try Web Designing
Creating a web design from home is a dream for many people. It’s a lucrative business, and you can work from anywhere worldwide. You don’t need to invest in any equipment or infrastructure because you’ll use your clients’ resources, who’ll pay you for your services, says Abdul Saboor, Full Stack Developer at The Stock Dork.
Once you’ve mastered these skills, there are plenty of opportunities for freelance designers willing to work on an ongoing basis with clients who need their services regularly. Adam Fard, Founder & Head of Design at Adam Fard UX Agency says “You can also offer additional services, such as logo design and digital marketing solutions, that’ll increase your chances of getting more work in the future.”
7. Become a personal trainer
With the surge of virtual fitness that is now used by 75% of those who go to the gym and also thanks to the home equipments, it’s estimated that online personal training will be bigger than gym personal training.
That’s why now it’s a great time to become a personal trainer and help others achieve their fitness goals.
To become a personal trainer, you need to follow some guidelines:
- Interacting with people whether online or offline and have great communication skills
- Interest in fitness and achieving goals for your clients
- Be qualified with personal training courses
- 90% of personal trainers are self employed which means they know how to run a business, how to master sales and marketing.
Once you have ticked those guidelines, you can start your own business as a personal trainer.
If you’re looking for a new start, you can’t go wrong with a startup from home.
The world is transforming, and so are the ways people work. If you’re ready to embrace the future of work (Aka remote work), consider starting a new business from your home and a reliable remote work solution is necessary. It’s never been easier to get started than it is today.
With so many options available, you must do your research before making any decisions, and if you’re willing to do what it takes, nothing is stopping you from making your dream come true!