One of the best things about starting a business from home is that your start-up costs will be significantly lower than if you had to rent offices or store space. Running a business from the comfort of your home gives you the opportunity to make money and follow your dreams while still attending to household chores and looking after pets, kids etc. You’ll also save significantly when it comes to commuting costs.
What is the best home business to start in 2021?
It’s very important to consider the current economic climate when deciding what type of business you want to start in 2021. One of the most important factors is the effect of COVID-19. Where two years ago, starting a travel agency may have been a fantastic idea, it may not be quite so lucrative in 2021. That being said, there are still so many opportunities available to budding entrepreneurs.
Some of the best home businesses to start in 2021 include:
Making & selling handmade items
As the world begins to swing towards a more environmentally-friendly outlook, handmade items are more in demand than ever before. If you’re able to make jewellery, clothing, art or decor pieces, you may want to look at selling these items online. If you have limited funds, you would not even need to create your own website as there are many online marketplaces, such as Etsy, that allow you to trade on their sites (which already have built-in customer bases) as a vendor.
Providing digital services
Are you a digital whizz” Covid-19 has forced many companies to forsake their shopfronts and move online, and frankly, there are many business owners that are in desperate need of web designers, copywriters, and social media marketers to help them make their companies more digitally friendly. You needn’t have a degree in digital marketing to start offering these services. There are many free online courses that can bring you up to speed in no time should you have an inclination or talent in digital services.
As people will always need to feed themselves in the foreseeable future, baking and cooking businesses will never go out of fashion. Many people don’t have the time to cook for themselves, and there are also many people who simply do not enjoy cooking.
If you have a passion for cooking and baking and have most of the equipment needed, you could easily start a baking or cooking business from home. Focus on a particular niche such as speciality cakes, vegan meals, or homemade jams and target it towards a specific audience.
Teaching skills online
Can you play the piano” Do you think you’d be a great maths tutor” Teaching your skills online is a simple and easy way to start making money from home. All you need is a laptop, a secure Wi-fi connection, and a webcam to get yourself going. The types of skills you teach online will depend heavily on your personal skill set, knowledge and experience.
The great thing about teaching online is that you can offer your services to an international audience.
Many people got new pets over lockdown, and as people go back into the working world, there are many that need a helping hand, so why don’t you offer it to them” (taking into account that you are an animal lover and not allergic to dogs or cats, that is) You could offer dog-walking or pet-sitting services and could even take a course on grooming if you want to expand on your service offering.
A cleaning business needn’t have brick-and-mortar offices, especially if you are the only employee. If cleaning is something that you have always been good at, and you have a range of cleaning supplies, you may want to start a cleaning business. Further down the line, you could hire additional employees.
Even though people are spending more time at home than ever, many are still too lazy or don’t have the time to clean their homes, And with the current focus on hygiene, many homeowners will pay a decent amount to have their homes cleaned properly.
If you aren’t able to create handmade items to sell, you could still source other products that you think would do well and create an online shop. With the right products and the right online marketing, an online shop could make you a lot of money with very little effort. It would be helpful if you have a website of your own, but you could also opt to sell on online marketplaces that accept vendors.
Whether you go to people’s homes or teach classes online, personal training is still very much in high demand as people want to get back into shape before they emerge out of their pandemic hidey holes. Advertise your services online, and you could find yourself with international clients.
The same could work for yoga teachers, pilates instructors etc.
Offer your professional services from home
Are you an accountant, lawyer or something of the same calibre With so many businesses becoming home-based, there are many ways in which you can advertise your services and service your clients from home.
More tips for starting a small home business
When deciding on a business idea, have a brainstorming session where you truly think about the skills, knowledge and experience that you bring to the table. The more you have to capitalise off of, the better. Also, look around your home and see what tangible resources you have available to you and look for ways in which you can make use of them.
Starting a business from home can also start to blur the lines between home and work life, so ensure that you set clear boundaries between work and play, and try to dedicate one specific area in your home to your work by creating a comfy ‘home office’ space.
Use all of the free tools available to you to spread the word about your business and to learn more about being an at-home entrepreneur.