At some point, nearly everyone has dreamt of leaving their current position at work, and finding some way to generate income at home. Developing a home business that is successful at generating income can be challenging for many individuals. However, it is not impossible to start a home business.
Usually, the number one reason that most people cannot get a home business up and running is the lack of capital. However, not every business run out of the house requires an extensive amount of cash. Many service industries including babysitting, dog walking, carpet cleaning and other businesses have started out of the back office, or in the garage at home.
With nothing more than a quality marketing plan, a good business plan, and determination, nearly anyone can start a home business. By looking around the home, it is easy to determine exactly what types of tools and equipment you already have.
Looking in the garage, and out in the backyard, you might see that you have everything necessary to begin a lawn and garden service business, and run it out of the house. You can offer commercial and residential lawn care service. You probably already have the tools that can help with trimming, lawn cutting, edging, and clipping removal.
Many home-style baking companies that offer their goods online, or at the local grocery store, have often started in someone’s kitchen. You likely already have the tools to make pies, bake cakes, or create delicious baked goods that can be sold to local grocers and retailers.
If you or your spouse is good with computers, consider starting up a computer consulting business that can be run out of the home. As a home business, you can provide quick reliable technical assistance for computers, laptops and other electronic equipment.
Finding Capital
Some businesses simply require capital to start, even those that are run out of the house. However, you can significantly reduce the amount of risk that is generated by a start up home business. Without money, you might be able to use any type of collateral including equity in the home as a way to take out a small loan to begin the home business.
While you might not have the funds necessary to hire employees, consider a start up company that does not require additional help. A successful entrepreneur that creates their own home business is one that is resourceful, and understands exactly what is required, which is usually blood, sweat and motivation.
A Business Plan
Just like a road map to get to any destination, a quality business plan that has been well-developed will help you along your journey in creating a successful at-home business. There are many places online that offer free advice on exactly how to develop a quality business plan to use as a guideline in starting your home business.
There are many opportunities available to create a home business and generate income so you can leave your day job. With enough motivation, the right skills and a few tools, you can quickly become successful at home.
Home Businesses For The Single Mom
Being a single mom can present many challenges to parenting. Not only are you mom, you also may have to fill the shoes of dad. Working can be a challenge and you’ll have to cover child care costs unless you’re working during school hours. Finding jobs you can do from home may be the easiest way to stay afloat while your child is too young for school.
Day Care
You could run a day care from your home and take care of other children. Your child would have playmates and you’d be making some money. Some states require licensing for this but it’s not a difficult process.
Virtual Assistant
If you’ve had office experience you may want to work as a virtual assistant. You won’t need a lot of clients and you can sometimes pick up a former employer as a client in this situation. They already know you and your work so many times they are more than willing to hire you as a virtual assistant. You’ll be responsible for a variety of tasks mostly using the computer. You can plan to work at your leisure as long as your little one allows you to work. Many moms choose to work during nap times, get up earlier and stay up after their little one gets to bed to make up their hours.
Social Media Expert
This job is ideal for the work from home mom. You will set up pages for businesses on social media sites. You will then update these sites daily, every other day, weekly or however the business wishes for you to do it. They will communicate with you via phone or email.
Build Websites
You can build websites for businesses. Many businesses pay big money to have someone build them a website. You can easily learn to do this in your spare time and make some money.
Seamstress
If you’re handy with a sewing machine, you can work as a seamstress. You can charge something like $2 per pair to hem pants or $2 per skirt etc. Call or stop into local thrift stores and offer your services for clients or offer to mend clothing at a reasonable fee and then bring it back. You may find you have a lot of work available to you.
Mentor
Mentor teen moms. Teach them how to be a good mom. There are many programs looking for good mom role models to do this sort of thing.
Tutoring
If you’re good in a specific subject you might be a great tutor. Leave your card with local home schooling associations, school districts, colleges, libraries and the like. You may find you have more business than you know what to do with.
Teach a Musical Instrument
If you play piano, guitar, violin etc. You could teach music lessons. Many parents pay up to $50 per hour for these lessons. Most areas vary from $15 to $25 but more advanced lessons cost more.
Working from home takes determination and energy but if you’re determined to not pay child care costs for your own child these ideas may just keep you afloat.