Are you tired of working for someone else? Do you dream of starting your own business, but don’t know where to start? Well, you’re in luck. There are tons of home business ideas that you can start today, without spending a lot of money. So what are you waiting for? Start exploring your options!
Home-based businesses got more and more popular during the pandemic when people were stuck at home and needed some extra income using their free time and skills.
And their popularity is growing with each passing day.
Explore these ideas to see which stands out for you!
Work from Home Business Ideas in 2022
Here are some of the most lucrative home business ideas in to pursue.
1. Start an Online Store
Starting an online store might be the perfect option for you. With an online store, you can sell products or services to customers all over the world.
You’ll have the ability to work on your own schedule, and you can choose the products that you sell.
Now opening an Online Store would be easier with Whatsapp, but with Easy Store it is much easier.
Start a Blog
Combine your knack for words and blogging with freelance writing, and earn a cool paycheck for professional blogging from clients.
It’s completely up to you to make your work the best and keep the brands (your clients) coming back!
You can use pictures, links, ads, affiliate links to make your work more appealing to your viewers.
Get Inspired – Bloggers like Adam Enfroy have created massive careers with blogging. For instance, in this self-published report, he breaks down how he earned $281,776 in one month!
Start Social Media Management
Do you have a strong social media presence? Do you think you have hacked their algorithm and can use it to benefit your business?
Or for that matter, other businesses?
Then don’t sit on your skills, use them to help businesses and brands with their marketing strategies!
Being a social media consultant is a cool job that you will enjoy doing, and if you freelance, you can deal with multiple clients and keep things interesting as well.
4. Start Dropshipping
Dropshipping is the business model that has made internet commerce what it is today.
In this model of business, you do not need to keep any inventory or even ship products, just create an online store, add products and start selling!
If you want to earn money with little effort, this is a fitting idea for you.
There are many great dropshipping platforms out there, like Aliexpress, which you can use to source your products for your business.
5. Turn a Hobby into a Business
You can turn any hobby into a business if that hobby is productive.
For instance, if you love doing yoga, crafts, or gardening, then you can turn that into a source of income by making a business out of it.
Start a yoga class, or teach crafts, maybe start a homemade products business, or a home-based nursery.
6. Offer Internet Marketing Services
Internet marketing is a superset of social media marketing. What this means is that if you start a business in internet marketing, you will deal with email marketing, social media marketing, website content, paid marketing, and such.
This basically means that you will handle the whole online marketing wing of a business.
The popularity of this business is evident from this graph.
Although, you might need to brush up on some concepts and get up to speed with the latest trends on the internet for this business.
7. Start Selling Homemade Food
Homemade food is both healthy and tasty.
With people going away from home and the restaurant industry becoming more and more commercial by the day, people are drawn toward fresh and healthy homemade food.
If you love cooking, then starting a homemade food business is the right idea for you.
All you need to do this is a menu that will list the dishes you want to cook and sell, an online storefront where you can receive and process orders and payments, and lots of food!
8. Open a Freelance Writing Business
Freelance writing is one of the more popular content jobs these days, and if you are a word wizard, give this business a try.
Content is extremely important for every business these days, in many forms.
You can offer your services to brands, based on your skills, and write content for their blogs, website, social media, etc.
You can set your own price and remember, the better your work, the better your profit!
9. Start a Virtual Assistant Business
You can become a virtual assistant and help business owners and entrepreneurs in scheduling appointments, managing administrative tasks, and even for services like graphic design, etc.
You need to have mad scheduling skills for this business, though. Managing multiple businesses is difficult enough, and on top of that, if you have to schedule multiple appointments, it can get even more confusing.
Invest your time and money into a good scheduling app and you should be set.
With this business, you can earn up to $100 per hour, depending on your skills and the services you offer.
10. Start a Vacation Rental Business / Airbnb
Be it a staycation, workcation, or a nice old-fashioned vacation, people love living in houses instead of hotels.
So much so, that the CEO of AirBnB, Brian Chesky has said that he will live full-time in the properties listed on AirBnb!
You can create a selection of houses for travellers to rent when they go out for vacations in different cities.
Or you can also turn your properties into rentals and host travellers through already existing sites.
11. Open a Bed & Breakfast Business
If you live near a travel destination or have a property in a quaint little town people love to visit, you can open a cute Bed & Breakfast business.
If you love playing host, this is the idea for you!
A bed and breakfast is essentially a home-based business, and one the first ones at that, you just have to provide breakfast to overnight guests at your homely lodging.
12. Start a Life Coaching Business
None of us come into this life with an instruction manual, right?
We all feel lost and in need of guidance from time to time so that we can lead a healthy, balanced life.
Especially at these uncertain times, when people are battling a pandemic, physical and mental fatigue, depression, and are adjusting to a new normal life.
Life coaches help with this.
So, if you feel that you have more clarity and can help out others, become a life coach and help your clients manoeuvre through life, work, relationships, and career.
Maybe you’ll even be included with the greats, like Michael Legge, Tony Robbins, and Tracey Ward.
13. Create T-shirt Designs
See how popular this business is?
The t-shirt design business has always been in trend and a pretty lucrative business.
You can even venture into t-shirt printing as well. That might require you to get some equipment, but for a designing business, all you need is skill.
14. Open a Furniture Refurbisher Business
Have you ever watched those Facebook videos where people upcycle old furniture and turn it into new?
If you found those interesting enough to try it yourself, make a business out of it!
You can find old furniture at flea markets, eBay or even at home (try the attic), and upholster them to look like brand new furniture.
There is a huge demand for these products and you will enjoy doing something you love. Win-win!
Plus, it is great for the environment as well. We can’t find any cons to this, and if you feel this might be for you, give it a whirl!
15. Start a Pet Sitter Business
Be your furry friends’ caretaker when their humans go out and leave them home.
You could go to their house, or ask them to be dropped off at yours, where you can take care of many pets together.
This way people can go away to work, or vacay, without feeling like they abandoned their pets, and you can earn a side income from home.
16. Start a Music Training Business
Music is the language of the heart- it goes beyond borders, languages, and brings people together.
If you have the gift of music, help spread it with other people.
Just like dance, music can also be taught through a screen, and you can put your knowledge in music to good use, by making a noble profession out of it.
You can teach instruments, vocals, classical, contemporary, and bring out new talent into the world!
17. Start a Resume Building Business
With only about 56% of the world having jobs, the other half is constantly looking for stable work.
This bumps up competition immensely, and the first impression that a person makes on their potential employer, without even meeting them first, is through their resume.
How can a person catch a recruiter’s attention? By building a great resume that stands out from the towering pile of resumes on their desk.
That needs a great resume-building process.
This is where you come in. Use your skills to build awesome resumes that are sure to get you an interview!
You can also teach this skill to job seekers to help them.
18. Start a Candle-making Business
The candle-making business is booming right now, and you can do it too!
There are so many types of candles to make, like scented ones, coloured ones, candles in different shapes, sizes and for different occasions as well.
All you have to do is take a small course in candle making if you haven’t already, and get the equipment you need to start your business.
You can also try out wax-stamp making while you’re at it to stand out from the crowd.
19. Start an Online Thrift Store Business
With the ever-increasing popularity of thrift stores and online shopping, turn your old clothes into a stream of income.
Online thrift stores are plenty, so beware of the competition, but as long as your products are trendy and affordable, your business will be a success.
Thrift stores carry products like clothes, utensils, books, accessories, etc, all pre-loved, and ready to be loved again!
You can also learn how to start your own thrift store, here.
You can give your store something that customers can connect with, like an original backstory or identity or goal, to make yourself stand out.
How to start a business from home?
Now that you have an idea to start your business with, let’s talk about the basic things you need to know and do before you start running your business.
1. Validate your business idea
Your business idea is just that, an idea. To make it into something concrete, you need to first validate your idea and make sure it’s worth carrying out.
To validate an idea means that you have to see whether it is profitable in the actual market. You need to research the demand for your product and how much profit you can earn by selling your product.
To validate your idea, you can follow these 5 steps below:
1. Write down your assumptions about your product’s value, needs, pricing and business model. Your plans would mostly revolve around these.
2. Before you launch your business, research the market you’re about to enter, the target market and the share of this market that you intend to capture.
3. Scour the internet for your products and related terms. This will give you a concrete idea about the customer demographics, demand and most importantly, intent. You can use all these to form a cohesive marketing plan for your business.
4. Carry out interviews and send out questionnaires to your potential customers who will most likely use your products. Ask them about their needs, what they want to fulfil those needs and their pain points. All of this will help you design and market your product better.
5. Last but not least, test out your product in the real market, among real customers, to see how it performs when pitted against your competitors. You can use the feedback from this test run to improve your product before a final launch.
After successful completion of your validation, you will have a pretty good idea of what works and what doesn’t, and you can start shaping your business accordingly.
2. Create a business plan
Creating a business plan is like a building block of your business. You can use one to enumerate your business’s goals, operations, finances, hierarchy, and other plans to grow your business.
This consists of both short and long term plans for your business, and most successful businesses started with only a plan.
You should also pen your business goals and objectives among other things before your begin your business operations, in fact, it should be the first step after deciding on an idea.
3. Make some space for your home business
As said earlier, you will need to carve out space for your business at home.
It may vary according to your business idea, but you will definitely need some space for every business. It may be for an office, storage, equipment, or anything else that your business demands.
When you have a business idea, and a business plan intact, you will know how much space you need, and accordingly can make some in your house.
4. Gather equipment
When you start out to plan and think about how much space and equipment you need, it might be more than what you can actually afford, or maybe you might find more space than you thought you would.
When you actually have moved things around and created your home office, you can buy equipment according to your needs, space, and budget.
5. Design brand name and logo
Your brand name and logo play a very important role in your image, recognition and success.
Your customers identify your business and products by your logo, they remember your business by its name.
Make sure you carefully choose the name, logo and brand colours to truly connect with your customers, and comply with your values, goals and objectives.
Final Words
It is as easy as that. A few years ago, taking a business online was such a high task, and home businesses were limited to the confines of a locality or a town at the most.
With the advancement of technology and the development of new apps that make all our lives easier, we can achieve anything with a few clicks of a button.
Now you can realize your dream to take your online business international, from the comfort of your home, while you are your own boss and do things on your own terms.
Having said that, every kind of business has its own challenges, and you’ll go through your share of hardship too, but the difference between success and failure lies in not giving up.
If you liked any of our ideas, start working on them today, and make your business a success!