With the COVID19 pandemic requiring everyone to stay at home, it’s no surprise that you would want to find something to do in all this free time being stuck at home. For whatever your motivation is to want to start a business at home, be it that you need the extra money to pay your bills or you just want to do something more than what you are doing now, this article might be of some service to you. Now mind you, for a business to start from home, you have to be motivated and committed to this endeavor that you are starting. Stick with it and it may yield better results than you were expecting. May this article help you get on your feet and get you starting a home-based business of your own.
Start a Business at Home
Before we tell you some about how you can start a business at home, we want to tell you exactly what you’re in for now that your house is not just home to you but also for your business as well. We want to remind you that home-based businesses aren’t always easy to maintain but do it right and it will be worth all the trouble. As a tip, we recommend that you find a specific work area at your house. Since you are going to be merging your home and your home-based business into one house, it is important to set some boundaries for yourself and for the ones you love. Starting a home-based business is a good way to make use of your time when the rest of the world is confined to only their respective homes.
How to Start a Home-based Business?
Identify your business. Before anything else, the first thing you have to think about when starting a home-based business is the kind of business you want to do. It is vital to start first with an idea of what your business will be all about. This is important because, in this stage, you wouldn’t just establish the whole idea of your business, you will also identify the strengths, resources, weaknesses, and potential troubles that you currently have.
Cultivate your idea. Your idea is your baby, take care of it. The next stage of starting a home-based business is cultivating the ideas in your head. You do this best by researching and looking into more information about the business you are planning to establish and the industry that you want to enter. You would also want to already identify all the necessary things that you would need to start a business at home.
Invest in what you need. After doing your research, you should now be able to carefully list down what you already have, and what more you will need. Do not be afraid to take the risk of incurring some costs this early on in the process because it is a normal thing to do. Remember that this home-based business that you are starting is your baby, make sure that it is clothed properly and that it is well-fed, just like you would your actual child.
Find partners and build a team. And by partners, we don’t mean the romantic types of partners. What we are referring to are the suppliers, employees, couriers, networkers, and all the people that can help you (and that you can help) as you start a home-based business of your own. These people will be your team - your friends. Make sure to build strong relationships early on.
Establish anonline presence. Lastly, being that you technically won’t have a physical store that your customers can go to, you need to find an avenue for them to reach you and vice versa. This avenue - or avenues, rather are the many online platforms that are available to home-based businesses like yours. Establishing different accounts on different social media platforms and publishing your website, may very well be the culmination of your journey to start a home-based business of your own.
The first suggestion we have for your home-based business is the virtual assistant job. As a virtual assistant, all you need is a laptop, some reliable internet connection, a set of headphones, and a phone. There are a lot of online applications and computer programs that can assist you in this home-based business. And you can reach clients and do the work they require all in the comforts of your own home. Many business people require competent virtual assistants since the pandemic closed down the physical offices. Thus, there is a real market for them. Brush up on your social and technological skills and be one of the best virtual assistants out there.
Dropshipping is the kind of business that involves your phone, your laptop, customers’ orders, and a direct line to suppliers. Dropshipping is one of the new and innovative ways to do retail business. When you start a business at home, one of the many things that you worry about is the space. Well, if you want to be involved in the retail business but don’t have the space then dropshipping is right for you because one of the many advantages of this home-based business is that it does not require you to keep stock or an inventory. What happens is that you take an order from customers then you find a supplier that can provide the product being demanded by your customers. You can stand out in this industry by finding suppliers for the most unusual and unique requests. That way, you establish an identity of being resourceful, flexible, and reliable to any kind of orders that your customers can think of.
While this pandemic has closed down many businesses and venues alike, an event planning business remains to be a good home-based business idea. A lot of events were canceled because of the sudden uproar of COVID-19 cases. So now that people are slowly easing back to the old normal with a tinge of the new normal still lingering, more and more people are looking forward to throwing events and parties like never before. Nowadays, some people even resort to conducting their events online. And if you have a knack for this kind of industry, then we recommend that you get started on your planner website and lock in some clients for the remainder of the year.
4. Influencer Marketing
If you enjoy being in front of a camera, then get your hands dirty with influencer marketing. This home-based business can truly be profitable once you have significantly grown your audience and follower count. You have the potential to not just earn money from different talent fees you charge, or commissions based on your advertising and watch hours, you can also receive merchandise and products from businesses that you partner with. This is a good business to start from home because you just have to let your creativity and appeal run the show and you’re good to go. If you can build a name for yourself in this industry, you are in for a fun, exciting, and profitable ride.
A lot of people have sadly lost their jobs, while some are having difficulty even starting to look for one. But if you have significant experience and knowledge about job applications and what it takes for one to be hired, then you can start a business from home that involves designing resumes and giving out advice and counsel to the people that need help. There is a big market of clients that are looking for help regarding their resumes, portfolios, and curriculum vitae. This is another home-based business that you can do with just your laptop, your knowledge and skills, and a good internet connection. If you can connect with the clients and satisfy their needs, you can easily build a reputation for yourself and gain their trust and recommendations.
6. Home Tutoring
A lot of kids are struggling with their modules and lessons and not all parents have the time to sit down and help their children with these struggles. Thus, you can start a business from home that provides these significant needs. There are a lot of video call applications available that you can use to reach these children. You can get personal clients or form a class for this home-based business. The important thing is that you market your business as one that is credible, reliable, and trustworthy. Parents aren’t so easy to please and satisfy when it comes to anything about their children. Make sure that you offer lessons and courses that you are familiar with and, more preferably, that you are passionate about. The children are already having a hard time, make sure that you don’t just add to their stress in the long run.
Another good home-based business to start is web designing. There are a lot of businesses out there that are starting to appreciate and recognize the importance of having an online presence. Thus, a lot of them are making their websites and many need help designing and making them. And if you have some background about the making and design of the websites, then you can start a business from home that offers web design services. If you’re not into coding all that much, you can use different website builders, like Strikingly to help you create and edit websites for any of your clients. Strikingly has many website features that you can use and incorporate on your website according to your clients’ needs.
But Strikingly is a website builder that can help you establish a business for any of these home-based businesses. With the hundreds of templates to get you started, you can easily create content that can help you reach customers and get clients. Sign up now and let Strikingly help you establish a successful website for your home-based business.