These days, many people are working from home, and some are not eager to get back into the office. Some jobs are allowing their employees to continue working from home, while others are working from the office again.
If you’re wanting to continue working from home and maybe even start your own home-based business, then there are a few things that you should know.
Examples of Home-Based Businesses
While many entrepreneurs do work from home, there are several businesses that are illegal to operate inside of a residential home. Businesses require certain permits, and that often includes the location in which they operate.
Here are some examples of business ideas that you can operate inside of your home.
#1: Sell Handcrafted Items
If you’re highly creative and good with your hands, you can start a business selling items that you’ve created. This can include things like:
- Art and other crafts
Many people have seen great success selling their products on websites like Etsy, whose top-selling items include jewelry, art, and vintage collectibles.
#2: Sell Other Items
Not quite creative enough? You also have the option to buy products and sell them. There are many companies out there that will allow you to buy their products in bulk, and then turn around and sell them.
This is a good idea if you’ve traveled a lot and see (legal) things that aren’t available where you live, and there’s a market for it.
You can also opt to be an affiliate marketer for a brand. Your job will basically be to help promote and sell their products (usually through social media), and then you’re given a commission on the sales you make.
#3: Teach Online Classes
You don’t have to be a former teacher to teach online classes unless you’re teaching academics to students.
As long as you have a skill or topic that you have extensive knowledge of, you can teach it to any audience willing to hear. You can even choose how you want to teach, whether it’s one-on-one or to a large group. You can also create your own online course. According to Freedom Bound Business, online courses are a great way to earn a steady income or to raise capital for other business ventures in a short period of time.
#4: Create Online Content
If you have a blog, YouTube channel, or any type of social media, you’re able to monetize your content. You can even start a podcast.
If you’re creative and love making content, whether it be photos, videos, audio, or written content, there are ways you can earn money on social media with the content you put out there.
Just remember that when creating videos, you’ll want to make your home look presentable for your audience.
#5: Publish a Book/Ebook
Do you have a story to tell? Consider writing a book, or even an ebook. Your book can be about anything; It can be about a particular experience or experiences you’ve had, you can write a How-To guide, and you can even write a fictitious novel.
If you plan to make a series, you can look into the process of trademarking a book title. This step will help protect your work as well as create opportunities for passive income streams.
Wherever your writing skills lie, you can hone in on it and turn it into a way to make money from home.
#6: Monetize Your Skills
If you’re pretty handy around your own home, you can possibly put those skills to good use outside of your home by starting your own handyman business.
While this isn’t truly “working from home”, you can still choose when you want to work and how many clients you want to take on.
Depending on the type of work you’re doing, all you’ll need is a license, a way to transport your tools and equipment, and the proper insurance.
There are several other things you can do right from your home that will make a profit. Just remember that like with any business, you’ll need to do your research to make sure that this is something you can do where you live.
You’ll also need to make sure that you have all the proper licenses, permits, insurance, and other documents necessary to run a business from inside your home.