Lesson 8 - Starting Home Based Business
Top Home based Business Trends
A growing segment of the small business market is home-based businesses. An increasing number of people are entering into the home-based business marketplace. With the advent of low cost technology such as affordable computers, excellent printers and low telephone charges, home businesses are now flourishing.
There is a plethora of home-based business opportunity. From web designing and online marketing, to arts and crafts and day care services, there are hundreds of job prospects for the home-based entrepreneur. Below is a list of the top home-based business trends in the market today.
Home Renovation Services
Home renovation services are one of the hottest home-based business trends on the market today. More people are interested renovating their homes and improving their lifestyle. People want to make their home a more habitable space that is a beautiful living area and resembles the living spaces of their favorite tinsel town stars, providing them sanctuary from the hustle and bustle of city life. It is relatively easy to setup a home-based renovation service with a keen eye for interior design and minimal start up costs.
Pet-Based Products & Services
Pet owners spare no cost when it comes to their pets having the very best of everything, from designer doggie boots and coats, to cat hats and collars. You can sell the best pet food and miscellaneous pet products online, doggie shoes, jewel encrusted cat collars, hats, coats and other designer duds for pets. All you need is an e-commerce website and a chair in which you can sit back and see your profits hit the roof.
Catering Services
Catering services are big business for small, home-based entrepreneurs because in people do not have enough time to cook a healthy decent meal. If cooking is your passion, you can set up a catering service that delivers and serves food. A catering service can bring in big bucks if you have the knack for preparing delicious home-cooked meals for events like bar mitzvahs, small house parties and thanksgiving feasts.
Cleaning Services
There is a huge demand for cleaners and cleaning services because people do not have the time to keep their own homes clean. By offering a full service domestic cleaning crew you can make big profits. If you enjoy cleaning and have good organizational skills this home-based business opportunity is the job for you.
Wedding/Event planner
Wedding and event planning is big business these days, as most people do not want the hassle of planning a huge event all by themselves. With movies like "The Wedding Planner" starring Jennifer Lopez, wedding planning and consultancy services have skyrocketed. With minimumal start up cost and good organizational and planning skills, having a home-based wedding/event planning business is a great way to make money.
Physical Fitness Trainers
If you enjoy keeping in shape you can turn it into a home business. People are concerned with how they look and what they eat now more than ever. By becoming a personal trainer you can help people stay in shape and help change their dietary habits so that they can live long, healthy lives.
Virtual Assistants
Virtual assistants are all the rage these days with an increasing number of people getting their work done online. If you are a valuable and trustworthy office assistant who enjoys working for others this is the job for you. From the solitude of your own home, you can work for independent professionals and small businesses that do not need the services of a full-time secretary. Your tasks as a virtual assistant can include secretarial work, meeting and travel planning, project management, logistics coordination, conducting market research, writing proposals, sending out marketing materials and press releases, handling billing and bookkeeping, and updating a client's website. If you want a low-key business that pays well a virtual assistant is the perfect home-based business for you.
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