But don’t let any of that hold you back. With the right guidance and some serious preparation, you can be part of the booming home-based economy. Here are some business ideas you can put into motion right now.
A home-based business is open to all ages and walks of life, from high school students to the growing population of retirees for whom involuntary idleness is increasingly a problem. And since there is overwhelming data to demonstrate that activity promotes longevity, for many retired people working in a home business becomes the solution in curing debilitating unproductively. Also, the wisdom and experience of maturity dovetails with the structured prudence required to successfully operate a business without risking substantial assets.
Another great way to make money is to find things in your area that are free or cheap, and then sell them online. Many people hunt through local thrift stores for rare collectibles, vintage styles or cheap-as-dirt books or media to mark up and resell online.
I remember my first job was a junk mail delivery boy when I was about 12. Didn’t pay much at all – didn’t enjoy it much at all either. I then went on to working in a retail shop as a shop assistant, moved onto a joinery shop, and then finally I was doing painting part time by the time I got to university (full time during the holidays).
You can also open up your home to pet sitting. Pet owners might prefer to keep their dogs and other animals at a house instead of a kennel where they can be locked up in a cage for the entire time. If you also offer dog-walking services, you can also charge extra to walk the dogs around your neighborhood every day they stay at your house. Some professional dog-walkers earn more than $100,000 a year by walking the dogs of working professionals while the owners are away at work.
Homeowners’ or renters’ insurance policies are rarely adequate to cover the unique needs of a home-based business. Most individual policies limit coverage for business property losses or damages to $2,500 in the home and $250 away from home. These policies tend to exclude business-related liability claims from persons injured on your property, and provide no protection to sustain the business during downtime associated with a property loss. To close these gaps, owners may want to investigate the purchase of a business owners policy or general liability, business property and business interruption/continuation insurance.
Inbox Dollars– Cash and simplicity. Those are my two favorite parts about Inbox Dollars. After a few minutes of answering questions and watching a couple tutorial videos on how the site works, I had $5 added to my account. Pretty sweet!
You can earn anything from 10p to £20 per item, and the earnings can really add up if you have a large collection. Whilst you’re at it, see if your parents have any ‘clutter’ they’d be happy to see the back of.
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I mean come on, who wouldn’t be interested in this side business idea? Getting paid to take care of a cute pup sounds like a dream. The prevalence of unattended pets is another side effect of busy life, creating job business ideas and opportunities for people with time, patience, and affection to spare. Just check out DogVacay and Rover to see what I mean. Would the payout be worth it if you try? One person in New York earns $3,300 a month just pet-sitting for busy animal lovers as his side idea.
The most common type of business sold as a turnkey business is a franchise. In the case of franchises, a turnkey business often includes a building that has been constructed to the franchise’s specifications, and an exclusive territory. Tim Horton’s restaurants and Subway are examples of turnkey franchise businesses.
I just wanted to say thank you for writing this article. I am always looking for ways to make extra money from home. I will share with you briefly my reason why I want my own business. I lost my mom to breast cancer in 2011 and mom was responsible for the family home and the care of my two disabled aunts. I have stepped into mom’s shoes and it is rough. I never had so many worries and bills in my whole life but I am determined to find a way to succeed ! I recently joined a company called Organo Gold and I believe it is going to be the next household name in the future. Please take a look at my site and let me know what you think. I value your opinion because you have been doing this way longer than me. I would really appreciate any feedback. Take Care and I wish you great prosperity always