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Home Based Business Ideas

Today, a large majority of individuals are considering starting a home-based business.  Some reasons they are looking into starting their own business:

  • Time Freedom work/life balance
  • More Money
  • Quality of Work
  • To control their own destiny
  • Ability to choose who you work with
  • Rewards for taking the risk of opening their own company
  • To follow their passion

I am sure there are other reasons people want to start their own business.  But there are the top reasons I have run into.
Normally, people have two and three professions throughout their work life. Those departing one profession often think about their second or third profession and the ability to work from home. 

Traditional nine-to-five jobs are just boring anymore.  Plus with the way corporations treat their employee’s now a days it is much better to be in business for yourself than dependent upon a corporation.

The good thing: Starting a small business out of your home is in the reach of just about anyone who would like to! Just remember finding, bringing in and retaining customers is hard work.  Once established it does become easier as you can hire people to do the tasks you don’t like.

Now let’s get to the real reason you here.  This list of small business ideas will help you to get thinking about what you would like to do.  Just keep in mind not to rush take your time and let it sink in before jumping in.

Here are 7 small businesses that you can get started with a very minimal investment.

1. Accountant

Experience, licensing or training may be needed

Produce a flier outlining your services. Before you do this, you should know what those services will be. Do you want to merely do bookkeeping for some small businesses in your area? A far more complex accounting would be doing work on depreciation, assets, income claims, and other financial reviews on a regular monthly, quarterly, and/or annual basis, with regards to the needs of enterprise businesses. Other specializations range from tax accounting, which is a big potential area. Many companies really don't mind keeping up their own day-to-day bookkeeping. They usually want help for each quarter filing’s.

Another are you could specialize in for the self-employed person.  These taxes can become a mess especially if there are rental incomes included.

Accountant is an excellent place to start if you have the knack for numbers.

2. Bike Repair and Tune-up Shop

In many places, this business may have a short season, but you will get ways around that.  For instance, lease a storage place to store people's bicycles over the wintertime after you execute a tune-up and any needed repairs to them. If you wish to focus on the competitive bikers, you could have business throughout the year. These road competition riders are training through snow, sleet and dark of night. A few of them focus on their own bikes, but most of them don't. And if you retain Saturday shop hours, you can make sure you will have a group of enthusiasts coming by to talk all things cycling.

3. Boat Cleaning

Live near a lake, river or ocean?  The majority of us do and we love our water toys.

Boats and Sea-doo’s are usually removed from the lake water for the wintertime or sometimes for mid-season repairs. These boats that are removed could use some cleaning and waxing.  It is all according to the type of boats that you have any your area but this could be a pretty big niche cleaning business. Even if you don’t have water real nearby you could start with homes which have a vessel stored in the backyard. Or you could market your services to the local marina and get an agreement to clean the motorboats that they rent customers.

4. Business planning Service

Provide a soup-to-nuts business plan, including general market trends, the business enterprise plan narrative and the financial claims. You can charge for the main plan and if the client wants more offer other reports as add-on services. Have business plan samples to show clients is a must do. Plus make sure to include your own!

5. Chimney Sweep

Learning to how to be a chimney sweep may mean only apprenticing with someone who is currently in the business. By learning to be a chimney expert, you can combine a chimney sweep business with a chimney inspection service. Covering more than simply chimney sweeping cleaning you could also become a repair person.  You could even turn it into a heating business that helps people install alternative heating methods.  

6. Cleaning Service

There are numerous directions you may take this business. If you wish to work during hours when nobody else will, you can concentrate on office clients. Restaurants are in great need of daily comprehensive cleaning and can be considered a great way to obtain steady clients.
Perhaps you would be more thinking about house cleaning. Often with cleaning services you don't need to spend a lot of money on advertising or marketing because your visitors should come by person to person marketing.  If someone refers someone you could give that referrer a free cleaning.  

One big thing to keep in mind when starting your own cleaning service. Trust is the most important thing here.  No one is going to let you walk around their house or office if they don’t trust you.

7. Computer Repair Service

Study the primary types of software that system users will want from word processing, picture editing software, email merge, games, spreadsheet, design and security software especially. Investigate all the components required to run a computer and the different brands.  This includes monitors, keyboards, mouse’s, ergonomic desk.  Don’t forget the peripheral components like scanners and printers. Become completely knowledgeable of all the internet service providers available in the area you intend to do business in. Establish yourself as the expert who can meet up with the needs of the non-public computer user, to the mom and pop shop’s or even a more substantial corporation.

Hopefully these 7 home based business ideas get you thinking about all the endless possibilities.  We will be adding more and more small business ideas as the year goes on.  So check back if these don’t work for you.  The key thing to starting a business is looking for a niche that you can specialize in and build upon.