Top Home Based Business Ideas – Renting commercial real estate, storage, 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 upfront investment to get the ball rolling – and some require as little as $39. Also, some home-based businesses are easier to start if you can convert a spare bedroom into an office or workshop — others are easier to run from your dining table.
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So, what’s the best work-from-home business idea for you? In this article, we will explore the 10 best home business ideas that you can start quickly and easily.
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(Disclosure: This website is a part of Shopify Inc. media properties. Although we strive to publish objective, accurate, and factual content, this article may contain biased opinions.)
While there are countless ways to start a home-based business, here are 10 of the easiest home business ideas to consider:
Do you like to make things at home? If you love crafts or arts, why not sell your handcrafted products online? For example, you can:
Whatever you choose to make, selling handmade products is a great way to turn a passion into a work-from-home opportunity.
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If this home business idea has caught your attention, start by writing a list of everything you can make. Then, do some online research to see what other people are selling.
If you like the idea of running an online store but you’re not sure what to sell, consider starting a dropshipping business from home. Also, it is a home business idea with low startup cost.
Dropshipping is a type of e-commerce that does not require sellers to purchase or store the products they sell. Instead, sellers partner with dropshipping suppliers who manage inventory and ship products directly to customers on the seller’s behalf.
Best of all, 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 start selling dropshipped products online today – just sign up for Shopify, install the Dsers app, and search for products to add to your store.
Similarly, if you love creating art and eye-catching designs but don’t want to make the products yourself, you can start a print-on-demand business from home.
Print-on-demand is a type of dropshipping in which you can sell products that are customized to your design, 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 – also known as ‘wholesale’ – and sell them individually.
When you buy products in bulk, you can get a lower price-per-unit than if you buy them individually. Then, when selling products one by one, you can raise prices to make a profit margin.
Also, instead of selling products individually to consumers, you can also buy products in bulk and sell them in smaller quantities to retailers – this is called wholesaling.
If you don’t have the time — or the inclination — to start a home-based business, you can always buy an existing home business opportunity through an exchange marketplace.
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This website facilitates the selling of e-commerce businesses in various sectors. Plus, you can buy an established business or a relatively new business.
Start by browsing the home business opportunities listed on the Exchange. When you find a business you like, consider reaching out to the buyer for more information. Then, if you decide to buy the business, the exchange will facilitate… the exchange.
On the other hand, if you want to start a business but you are not interested in growing them to their full potential, you can create and sell an e-commerce business on an exchange.
It is also possible to ‘flip’ businesses – or to put it another way, buy a business, 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 every month? That’s what subscription box businesses like Birchbox do.
Thanks to the recurring revenue generated from ongoing purchases, this home business idea is a great way to raise a sustainable income.
What’s more, you don’t have to sell the products – you can even rent them. For example, Haverdash rents clothes.
To get started with this home business idea, sign up for Shopify and use the built-in membership management tools.
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If you have an in-demand skill or knowledge and a talent for teaching, consider sharing your knowledge through online video calls
Popular subjects taught online include languages, maths, science, and business. But there’s no limit to what you can teach, so you can even teach things like music, sewing, or DIY!
According to PayScale, most online teachers earn between $10.18 and $39.87 per hour, depending on their experience level.
There are countless online teaching marketplaces that will help you connect with students and manage your classes, such as:
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Plus, there are tons of feature-rich online learning platforms to help you create incredible virtual learning experiences, such as:
The need for digital services is immense — from designers and developers to digital marketers and doodlers, virtually every talent is needed.
Some of these home business ideas offer more income potential than others. Therefore, be sure to do your research to choose the right service-based home business idea for you.
To get started, consider signing up with a freelance marketplace like Hourly People, Upwork, or Fiverr.
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If you have mastered a particular skill or subject and don’t want to teach or provide a service online, you can package your knowledge and experience into a digital product.
Selling digital products is a great home business idea because – like dropshipping – there’s no need to source or manage inventory or ship products to customers. Plus, 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 love 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. Now, there are many ways to do the 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? In short, there are three ways to monetize an online audience:
For example, Adam Enfroy created a blog that reviews several software products. In the image below, you can see their blog post reviewing the Shopify platform:
Adam’s affiliate link to Shopify is included in this blog post. As a result, every time someone reads the post, clicks on the affiliate link, and signs up for Shopify, Adam will receive a small sales commission.
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There are many ways that online home business ideas make money. You can charge per product, create subscriptions, create affiliate links, and more. Once you decide on your business model, you can start brainstorming the perfect home business idea for you and get started.
There are many profitable home business ideas out there to choose from. So, if you are wondering, “What business can I start from home?” Here are the 10 best home-based businesses to consider:
When deciding which home business opportunity to pursue, try to capitalize on any skills and experience you have — and consider following your interests or passions.
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