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home based business ideas

8+ Home based business ideas

Businesses have proven to be vital in our society. All activities we engage in today are mostly business related, it doesn’t matter whether you are self-employed or working in a private or government office, we all engage in businesses in one way or the other. A Business is simply buying something or an item in a location at a cheaper rate and then selling it in another location at a higher rate. Although there are many other factors that you have to consider before starting a particular business or trade such as target market, marketing strategy etc.

HOME BASED BUSINESS IDEAS YOU CAN START AND MAKE MONEY

LAUNDRY SERVICES: Laundry services is a business you can start right at home and make lots of money. In a transit city like Abuja, the federal capital of Nigeria. People especially single men hardly have time to do their laundry, you can take advantage of this opportunity and make cool and good money from it. To be successful make sure you deliver clothes to the owners at the stipulated time agreed. When you do this your clients will see you as a serious person and keep coming back to you.

CATERING SERVICES: This business is which involves preparing meals and snacks are delivering them to clients on demand. Learn how to bake cakes, cook good meals, make snacks like spring rolls, samosa, puff-puff, etc. Market yourself and let people know what you do. Whenever there is a need of you they will contact you directly to make deliveries to them.

MAKE-UP ARTIST: Making people look more beautiful can fetch you cool money. If you are very good you will be called up to do make up for bride about to wed, you can also offer training to others who want to learn. Apart from these opportunities local film producers can call you too.

SOCIAL MEDIA MARKETING: If you have a huge database on twitter or Facebook, be it, followers or friends, you can use this to your advantage and make money for yourself. Things you can market are products (bags, shoes etc.) or services you can offer.

DAYCARE SERVICES: Parents often times due to work schedule may not have time to stay home and look after their children from 1-3 years. You can use this opportunity to make money for yourself right from the comfort of your home. Offer the services of Daycare, you don’t need to open a shop or rent a space, you can do this right from the comfort of your home.

PRODUCTION: Learn how to make products like soap, liquid air freshener etc. and sell to people around your neighborhood or better still you can market these products online. Many women learn this to keep themselves busy at home and support the family. This website covers some production processes, check the production category and learn the one you most desire.

FASHION DESIGNING: Fashion design also known as tailoring can also be done from the comfort of your home. Make your neighbors know what you do, persuade them to give you a trial. They will recommend you to others if your designs look good on them. You can get contracts from churches, schools etc.

SELLING ON ONLINE STORES: You can opt in to selling products on online stores. The popular ones you already know are Jumia, Konga etc. Other news that offers similar services is market-hub this, the online store is owned by Guaranty Trust Bank, they offer similar services like the ones you already know.

These are just the very few of many other home based business ideas. It is also important to note that having a business idea alone does not guarantee the success of the business, other things must come into play. The next thing you should think about is to carry out a feasibility study. A feasibility study enables you to know how the business will strife in a given area. It helps you determine your target market from the onset.

After you have carried out a feasibility study, the next thing to do is to write down the business plan. planning a business is vital for business growth in general. A business plan is like a map that guides the business through achieving its goal in the short term as well as in the long term.

Conclusion

Businesses are good, they are accompanied with many opportunities like learning more, getting more experience, giving employment to the teeming unemployed youths in our society, helping in improving the nations’ Gross domestic products among many other benefits. I’d advise that you don’t wait for the perfect time before starting a business, the is no such thing as a perfect time. If you wait for the perfect time you may never start at all. Start the business with what you have, learn the rudiments of the business, have all the contacts of your clients and then grow like an expert.

 

About Tony Ekuri

My Name is Tony Ekuri, I started up my own business at very tender age. Believe me or not having control over your finances is the best and sustainable way to create and grow wealth. As a young entrepreneur starting up at a tender age, I had to go through a lot of challenges.

People often think that business is all about locating a place where they can buy goods or services at a cheaper rate and then sell at a higher rate in another place or location. Business is way more than that, it involves a lot of other factors that must be taken into consideration for a smooth sail.

Hence I have created this blog (informationhive) to address these issues and to help many aspiring entrepreneurs to start up their own businesses

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