The best work from home business opportunities involves little to no startup capital and minimal risk. But you need to love what you are doing; it is rare to find a successful entrepreneur who is not passionate about his business.
Choosing a path that will make you happy and feel satisfied with your life is very important.
Starting a business often does require lots of startup cash, but it also always requires time and energy investment.
Here are just a few ideas for work from home business. You may love cooking but do not want to open a restaurant, so think catering and other food-offering fundraisers. You might even want to start your own home delivery service or food products that can be sold in stores or at the local farmer’s market.
Focus on something you love to do but put a “you” emphasis on your business idea to make it unique amongst your competition.
Here is some effective work from home business opportunities you need to know.
- eBay Sales
With the right marketing tools, you can sell anything on eBay. The giant of online auction services, eBay continues to be an inexpensive, lucrative selling tool for everything.
Best eBay business tip: search for retail stores going out of business or discontinuing product lines. Buy as many items as you can at a discounted price and sell them on eBay.
Devoting 20-30 hours per week to serious eBay sales, you can easily make about $2,000 a month. That may not sound like a lot of money, but you could easily earn as much as if you were working full-time at a minimum wage job, only with the perks of running your own business!
- Become a Mediator
Mediators are neutral, disinterested persons who try to reconcile differences between parties to avoid arbitration or costly litigation. In most of the U.S., there is no special licensing or certification required to become a mediator, but you will have to be good at networking among lawyers.
Mediators charge $80-$100 per hour for their services, but obviously, rates will be affected by your location and experience. Start by contacting the American Arbitration Association to learn more about the requirements and rewards of becoming a peacemaker!
- Telephone Services
If you have a pleasant speaking voice, excellent communication skills, and are attentive to details, consider starting a home-based telephone answering service.
Depending on the range of services you offer (weekend, weekday, or after-hours) phone services typically charge each client about $200 per month for handling after-hours calls. Startup costs include telephone service, business licensing, and advertising.
- First-Aid Kit Supply Business
In 2003, the USPS awarded a $10 million contract to a one-man business for customized first-aid kits. Medical and first-aid kits are popular among fundraisers because they sell.
Specialized, pre-assembled first-aid kits are in high demand by schools, corporations, and industries that are required by law to have first-aid kits on site. You will need to purchase parts wholesale, assemble customized kits, and find a market. Customized kits can be sold for $5 to $150, depending on your market.
- Financial Advisors and Planners
Only 20% of Canadians have confidence in their math and money skills according to a survey by Ipsos Reid for ABC Life Literacy Canada – which means that there is a huge pool of people in Canada who need and want help with their finances.
In the U.S., financial advising jobs are expected to be one of the faster-growing occupations over the next decade, with a projected growth rate of 32% between 2010 and 2020, according to the Bureau of Labor Statistics.
Retirement planning, financial planning for small business owners – whatever the specialty, this is a real growth industry.
- Teach English from Home
Teaching English used to be job folks would take as an excuse to travel. If you have kids and a home to maintain, why not take advantage of technology and teach students online?
VIPKid is is an online teaching and educational company based in China. Chinese parents specifically want their kids to learn English from native speakers, preferably from America.
- Become a Copywriter
These writers put together promotional materials for businesses, including ads, websites, newsletters, commercials, direct mailings, and many others.
Copywriters generally have a degree in advertising, marketing, English, or communication, but any excellent writer can do a great job copywriting.
Attention! The Most Important Investment is Your Time
Starting and running a business often does require lots of startup cash, but it also always also requires a significant time and energy investment. Don’t forget that it’s a business and you need to work hard every day to earn money from home. Very Simple!
P.S.
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