Top 10 Business Ideas All Time – Renting commercial real estate, storage space or office space can put a huge financial strain on a new business. In contrast, many home business opportunities are quick and easy to start.
Some work from home business ideas require an upfront investment to get the ball rolling – and some only require $39. Some home businesses are also easier to start if you can turn a spare room into an office or workshop – others are easy to run from your dining table.
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So, what is the best work from home business idea for you? In this article, we explore 10 of the best home business ideas that you can get started quickly and easily.
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(Disclosure: This website is part of the Media Properties of Shopify Inc. While we strive to publish objective, accurate, and factual content, this article may contain biased opinions.)
While there are countless ways to start a home business, here are 10 of the most accessible home business ideas to consider:
Do you like creating things at home? If you like crafts or art, why not sell your handmade products online? For example, you can:
Whatever you enjoy making, selling handmade products is a great way to turn a passion into a work from home business opportunity.
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If this home business idea has caught your eye, start by writing a list of everything you could make. Then do some online research to see what other people are selling.
If you enjoy running an online store but you’re not sure what to sell, consider starting a dropshipping business from home. Moreover, this is a home business idea with low startup costs.
Dropshipping is a form of e-commerce that does not require sellers to buy or store the products they sell. Instead, sellers partner with dropshipping suppliers who manage inventory and ship products directly to customers on behalf of the seller.
The best part is that starting a dropshipping business from home is as easy as 1-2-3 thanks to dropshipping apps like DSers.
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Here’s why: You can use DSers to sell dropshipped products online today — just sign up for Shopify, install the Dsers app, and search for products to add to your store.
Likewise, if you enjoy creating art and eye-catching designs but don’t want to create products yourself, you can start a print-on-demand business from home.
Print-on-demand is a form of dropshipping where you can sell products customized with your designs, such as:
To start this work from home business idea, sign up for a Shopify account and choose a print-on-demand app to install, such as:
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Another way to sell products online is to buy products in bulk — known as “wholesale” — and sell them individually.
When you buy products in bulk, you can get a lower cost per unit than if you buy them individually. Then, when you sell the products one by one, you can increase the prices to create a profit margin.
In addition, instead of selling products individually to consumers, you can also buy products in bulk and sell them to retailers in smaller quantities – this is called wholesale.
If you don’t have the time or inclination to set up a home business from scratch, you can always purchase an existing home business opportunity through the Exchange marketplace.
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This website facilitates e-commerce business sales in various niches. In addition, you can buy an established company or a relatively new company.
Start by browsing the work from home opportunities listed on Exchange. When you find a company that appeals to you, consider contacting the buyer for more information. Then, if you decide to buy the company, Exchange will facilitate the… well, exchange.
On the other hand, if you want to start businesses but are not interested in growing them to their full potential, you can create and sell ecommerce businesses on Exchange.
It is also possible to ‘flip’ companies – in other words, buy a company, improve it and then sell it for a profit.
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Why sell one product at a time when you can sell a bundle of products to the same person each month? This is what subscription box companies like Birchbox do.
This home business idea is a fantastic way to generate sustainable income, thanks to the recurring income generated by current purchases.
Moreover, you do not necessarily have to sell products, you can also rent them. Haverdash, for example, rents out clothes.
To get started with this home business idea, sign up for Shopify and use the built-in subscription management tools.
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If you have in-demand skills or knowledge and a knack for teaching, consider sharing your knowledge through online video calls
Popular subjects taught online include languages, math, science, and business. But there are no limits to what you can learn, so you can also learn things like music, sewing or even DIY!
According to PayScale, most online teachers earn between $10.18 and $39.87 per hour, depending on their level of experience.
There are tons of online education marketplaces that help you connect with students and manage your classes, such as:
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Plus, there are plenty of feature-rich online learning platforms to help you create incredible virtual learning experiences, such as:
The need for digital services is great – from designers and developers to digital marketers and draftsmen, there is a need for virtually every talent.
Some of these home business ideas offer more income potential than others. So make sure you do your research to choose the right service based home business idea for you.
Consider signing up with a freelance marketplace like People Per Hour, Upwork, or Fiverr to get started.
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If you master a certain skill or subject and don’t want to teach online or provide a service, you can package your knowledge and experience in a digital product.
Selling digital products is a great work-from-home idea because, like dropshipping, there’s no need to source or manage inventory or ship products to customers. And once you’ve created a digital product, it costs nothing to replicate.
For example, Gabriella and Andrew Morrison sell courses and house plans to help people build tiny houses on their website Tiny House Build.
If you enjoy creating content, you can build an online following around a particular topic or niche and monetize your audience.
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If you are interested in this home business idea, you need to choose a way to build an audience. There are now many ways to build a following online – for example, you can:
Once you have a relatively large number of followers or a lot of website traffic, how can you make money? Essentially, there are three ways to monetize an online audience:
For example, Adam Enfroy has built a blog that discusses many software products. In the image below, you can see his blog post where he reviews the Shopify platform:
This blog post contains Adam’s affiliate link to Shopify. As a result, Adam receives a small sales commission when someone reads the post, clicks the affiliate link, and signs up for Shopify.
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There are many ways online home business ideas make money. You can charge per product, create subscriptions, create affiliate links, and much more. Once you’ve determined your business model, you can start brainstorming the exact idea for a home business and get started.
There are plenty of profitable home business ideas to choose from. So if you’re wondering, “What business can I start from home?” Here are 10 of the best home businesses to consider:
When deciding which business opportunity to pursue, try to take advantage of all the skills and experience you have – and consider following your interests or passions.
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A side job is something you do to earn extra money besides your job. According to Zapier, 40% of Americans have one and another 36% plan to start using it in 2022.
Those with a side job spend 13.4 hours a week on it, earning $12,869 a year from their side activities. You can use the money you’ve earned to pay off debt, invest, or splurge on a treat for yourself.
Financial benefits aside, pursuing a side business idea gives you a chance to build new skills. Entrepreneurs also enjoy the satisfaction of building a business while at the same time charting a new career path that offers greater security amid layoffs.
Want to start a side business but not sure where to make money? Here are 22 business side ideas you can start today.
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