While starting a successful business from home may seem like an out of reach dream to some, it’s a reality that has been achieved by many. In the U.S alone, 50% of all businesses are home-based, meaning that with the right resources and ambition, you too can make this happen! Read on to get inspired with these home-based business ideas…
E-commerce involves selling physical (and more recently digital) goods through the use of the internet. The basics of getting started with e-commerce include:
- Choosing a niche or product to sell
- Building or choosing a platform to sell your products
- Setting up a payment system to process orders
- Arranging the sourcing and delivery of the products
- Having a customer service system in place
A common question many people have is whether they need a website before starting their online store. We dive into the answer in our blog post here, so be sure to check it out!
2) Online Tutoring
Do you have a skill you can offer to teach others? Consider becoming an online tutor! Whether it’s math, a language, or any other area you excel in, you can offer your expertise in the form of a tutoring service as long as it’s in demand. The global online tutoring services market is expected to grow at a compound annual growth rate of 14.7% from 2022 to 2030, so it’s worth getting involved.
3) Affiliate Marketing
We all have that favourite brand or product we voluntarily promote and vouch for, but did you know that you can turn your loyalty into a business? Affiliate marketing allows you to do this. This advertising model involves a third-party brand compensating the affiliate through a commission for website visits or online purchases. They normally provide the affiliate with a referral link or coupon code that tracks their desired metrics.
You can get creative and market the products through social media, blogging, or other traffic strategies, as long as you direct the traffic to your affiliate link.
In the past few years many of us have witnessed friends and family members quit their jobs due to various reasons. This trend has been coined ‘the great resignation’ and it doesn’t seem to be going anywhere. In the US alone, 4.5 million people quit their jobs in November of 2021. Employees are frustrated with aspects of their corporate jobs and are turning to freelancing in hopes to create more flexibility and freedom for themselves.
There are many ways you can freelance, including:
- Joining a freelance or gig marketplace
- Creating a website with service offerings and custom packages
- Learning a skill offered at special events and marketing through word-of-mouth (for example: birthday party entertainment services, custom wedding décor, etc.)
- Offer your expertise to local businesses (for example: social media marketing for local bakeries), and more!
To wrap up…
If you’re looking to start a home-based business, you’re in luck because there are loads of different ideas for you to choose from. Regardless of what entrepreneurial path you choose to pursue, you’ll need a platform that you can rely on.
Whether you need to build an online store, integrate your website with a booking management system, process payments, host a video conferencing session or more, Seshhub can help you transform your services into an online business.
To take the next step, start your 14-day free trial today!