There are hundreds of businesses that can be run from home. Some people have dog grooming businesses or sell homemade canned goods or if you are in the trades, base their office inside their own home. To start a business that you can run from home, you are going to want to do something that you have, at the very least, some experience with. For example, your not going to want to be a personal trainer if you never have personally trained someone before or haven’t had the proper training to be one yourself. You need to have enough experience in the business you decide to open up or you won’t seem as credible to your potential clients. This especially becomes important in a service oriented business where the more credentials you have is directly correlated to how much you can charge for your services and how attractive your business looks to potential clients.
If you have found a business that you think has enough of a desire by customers, you will then need to figure out how to attract them to the business. Initially, to start a business that you can run from home it may seem challenging to attract customers. Advertising can get expensive fast. There are always the traditional affordable means like placing a small ad in the newspaper or setting up homemade flyers at high traffic areas that has your contact info on it. You will want to create business cards and a company name or brand for yourself. Small phone book ads are always great to broadcast your business.
Word of mouth is always a great way to attract customers. Talking to people at work or even people you meet at the grocery store is one way to utilize word of mouth to spark business. Radio and TV are pretty costly and may not be in the budget initially. The main thing you want to keep in mind when doing this is knowing where your customers will be looking to satisfy their need of your product or services. For example, if you have a business that involves selling custom pottery, you don’t want to place ads in a fitness facility. Post your ads at a local farmers market or at a grocery store where your potential clients frequent most.
One very underutilized method for creating traffic to your home-based business is through the internet. This can get very expensive especially if you don’t know what you are doing or if you hire an online marketing company to do all the work. You want to find the very inexpensive and even free ways to advertise online if you have a minimal budget. Social media is a great way to create business. On Facebook, you can create fan clubs or profiles on your business and can create invites for all of your contacts to check out. Another way is to create discussion forums on subjects related to your business and have links to your website or blog. To run a business from home, the key is being able to funnel the appropriate traffic to your business effectively. You want to be able to attract the right customers to your business in such a way as to pre-qualify your clients. This is a more efficient way of marketing and will pay off in the long run.
Once you have your business set up, a good idea would be to research the various types of write-offs you can utilize. Rent and mortgage payments can be partially written off and even you property tax as well. Depending on the type of business you decide with, there are many ways this can be done so make sure you consult with a certified accountant for information on how you can for your business. It will save you a lot of money come tax return time.
The top 5 businesses that can be run out of home are:
1. Landscaping and yard maintenance
This is great because it has a relatively low startup cost and keeps you in shape while you make money! Your vehicles and fuel can be used a business expense. It is great because even if you have very little experience in landscaping, you can always start off with lawn and yard maintenance first. Then, as time rolls on you can learn about landscaping through local work shops or take courses on the subject and further expand your business down the road to include landscaping. The key here is to try and land big yard maintenance contracts with businesses or residential complexes, which always need weekly care and will give you that constant income flow.
2. Senior care and child care services
The baby-boomer generation is a very big population, and the oldest of that generation turns 65 in 2011 and the last of that demographic turning the age of 65 in 18 years! You should have a nice steady stream of potential clients rolling in for a long time to come. Child care is great because it provides a great service to busy working families or single parents. As well, for both types of businesses it can be a very fulfilling job and are very easy to set up right out of your home. You would definitely need some credentials and extra insurance for that type of home based business.
3. Cleaning services
Many people have very busy lives and have very little time to keep their home organized and tidy. Many businesses would love to hire a company on a contract to keep their office space neat on a weekly or daily basis. Again, if your able to land bigger contracts, it keeps a good flow of income and keeps you busy.
4. Health and fitness instructing
Whether you are a yoga instructor, fitness instructor, personal trainer and the like, it is a great business to run from home. You can utilize your own space in you home for instructing classes if you have the space or you can even sublet space out at local health and fitness clubs if you live in an apartment or somewhere where space may be limited.
5. Web design and online marketing
There are so many variables to this type of business and can be very customizable. Whether you have a great product you want to sell, or if you want to create websites for another business, the possibilities are endless. There are great inexpensive means to learn and be trained how to do this type of work, and the work is not very physically demanding. The misconception of this type of business is that you need a lot of training to know how to do this, but there are only a few key steps in developing a an attractive website or being a great online marketer.