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8 Home Based Business Ideas To Boost Your Income

home based business ideas

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When the world came to a grinding halt in 2020 due to the pandemic, the number of Americans who had jobs that could be done from home and teleworked jumped from 23% to 71%. As a result, this gave a lot of people a glimpse into how much easier their work-life balance could be if they tried starting home-based business ideas, outside of a traditional 9-to-5 workplace.

If your eyes were opened too, then you might be looking for ways to stay home while making money. And there’s no better way to do it than to be your own boss.

Below are some home-based business ideas that may bring you success.

 

1. Data Entry

Data entry is perfect for those who have an eye for detail and handle repetitive work well. Enterprises will need large quantities of data put into their systems, so if you source the right clients, you won’t be short on work.

However, artificial intelligence (AI) is currently a hot field, and there’s speculation that it can soon take over basic data entry jobs. Not only can it handle big amounts of data, but it can also process it without errors.

So if you want to get into the field of data entry, it might be wiser to approach it from the AI side. Instead of keying in the data yourself, you’ll be better off creating programs that can cater to your clients’ needs.

 

2. Freelance Writing

If you’d rather write than put in data, then there’s a market for freelance writing too. Search engine optimization is important for business websites to rank high on search engine page results (SERPs), and they do so with written content.

You can help them boost their rankings by writing valuable content that’s rich with information and keywords. You may have to study up on best SEO practices and keep up with them, but if you’re passionate about it, it’ll be fun.

In this area, you can write content for web pages, as well as blogs. Other types of work include whitepapers, case studies, and ebooks.

3. Content Creation

Not everyone has a knack for writing, and that’s okay. However, if you still want to express digital creativity, then you can do so through other avenues of content creation.

For example, you can make videos, whether they’re short TikTok captures or longer explainer ones. Or you can create GIFs and memes, and sell them to companies. Or if you’re good with animations, you can make cartoons.

The point is that organizations are always looking for innovative ways to market themselves online. If you’ve got a particular skill set for digital content creation, then take advantage of it.

But before you do so, ensure that you set up an LLC first. We at Business Anywhere can assist with that, as we have a thorough business registration service. After that, you’ll have a well-established home-based company with everything in order.

 

4. Affiliate Marketing

Let’s loop back to the idea of blogging. You don’t always have to do it for clients; if you’ve got knowledge in a niche subject, you can monetize it in two ways through blogging.

First of all, you can sell ad space on your website so that visitors see the advertisements and click. Also, you can do affiliate marketing, where you earn commission by inserting personalized links to products and services in your blog posts.

To really make money though, you’ll need to generate large numbers of posts. You may need to hire a small team of writers, marketers, etc. to really make your company take off.

 

5. Remote Customer Service

Businesses are often looking for people to help their customer service department, especially as they grow. The inquiries become overwhelming, which makes it an excellent opportunity to step in and lend a helping hand.

The beauty of this business idea is that you don’t need much to start. For the bare minimum, you’ll need a decent internet connection, a robust computer, and a great headset.

But again, to grow your company and handle more clients, you might have to hire a small team. Otherwise, you can do business in other time zones and be after-hour support.

 

6. Social Media Management

Those who spend a lot of time on social media will know the ins and outs of online etiquette, as well as what attracts viewers and followers. So if this sounds like you, then make some money off of these skills.

Social media marketing is crucial to most businesses’ success, and most owners won’t have the capacity to take care of this on their own. You can then step in and ensure that they have a good digital reputation and that they engage with their audiences regularly.

 

7. Fitness Instruction

Share your passion for fitness and enable others to become the best versions of themselves by providing fitness advice. If you’ve already got the equipment at home, then even better, as you’ll barely have any overhead to start this business.

Whether it’s online fitness coaching, personal training, or yoga instruction, all you’ll have to do is set up a high-quality webcam in your room. You can either do live classes or prerecord them to upload and sell.

8. Consulting

Everyone has their own life experiences that they can share with others; why not monetize this knowledge?

While you may not be a fitness enthusiast, you might be into nutrition. Or maybe you’ve owned businesses before or have had an extensive history in employment.

Whatever your experiences, there are many people willing to hear what you have to say and to learn from your actions.

 

Give These Home-Based Business Ideas a Try

If you were searching for home-based business ideas, then this article should’ve given you some inspiration.

The main thing is to play to your strengths. Consider your background and interests, then follow a path accordingly. Put in time and effort, keep an eye on the industry, and you’re sure to be successful.

Are you ready to start your home-based business? Then sign up with Business Anywhere now. We’ll take all the stress out of registering your new company.

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About Author

Picture of Rick Mak

Rick Mak

Rick Mak is a 30-year veteran businessman, having started, bought, and/or sold more than a dozen companies. He has bachelor's degrees in International Business, Finance, and Economics, with masters in both Entrepreneurship and International Law. He has spoken at hundreds of conferences around the world during his career on entrepreneurship, international tax law, asset protection, and company structure. Business Anywhere Editorial Guidelines

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