admin_hunar Are you planning to start business in 2024?
Home based business is a good thought to go with in 2024.Starting business from home is increasing and becoming more popular among new and small business owner. With increase in technology and people moving toward online purchase has created more numbers of opportunity for small business and people are trying to do some sort of small business from home.
What are some pro and cons of starting business from home?
Running business from home has it own pro and cons.If you are planning to start to your own business from, than you should know the benefits and drawback of it.
Pro
Low startup cost. : As you are planning to start the business from home, it require less capital as because the cost of office or office setup has been saved.
Freedom: Running your own home business give you a freedom to work with your own time and get rid off 9 to 5 hours job.
Potential to expand: You have a great Chance to expand your business with your strong determination and effort because you can take the decision and have not to look for other.
Cons.
Harder and long hour of work: A new business need more effort and time to scale up and at the start of business you must give more of your time and hard work to make your business run.
Limited space: You may have started business in one room of home but during the time you need more space as because increase in size of business, more manpower or installation new machinery.
Self-discipline: You need to be more self-discipline to run your business. You must be more focused in your job routine and punctual to work daily.
- Gift basket arranger
- Personal shopper
- House cleaner
- Data entry specialist
- Freelance illustrator
- Survey taker
- Pet sitter
- Uber driver
- Professional organizer
- Babysitter
- Bicycle mechanic
- Private tutor
- Party entertainer
- Tailor
- Personal chef or caterer
1. A gift basket organizer
For a variety of reasons, gift baskets are becoming a popular choice for presents. They can be highly personalized, usually include one gift that everyone will like, and allow you to be pretty creative with the selection of products. You will be able to create boxes with various assortments based on the requirements of your clients. Work with close friends and family to start small. Later, you can utilize your baskets as samples to attract more customers. Take it a step further and offer recurring subscriptions to carefully chosen gift boxes. Make sure you set up an online store to sell your gift baskets to people all over the world.
Hourly wage median: $16
02. Personal shopper
Your wish to be compensated for shopping has now been realized. If you are well-versed in consumer goods and trendy items right now, you can physically shop for others or offer advice. Take your sense of style to the market and start earning money by assisting others with anything from groceries to wardrobes to interior design for homes, and much more.
$32,808 is the median annual pay.
03. House cleaner
As a house cleaning, you might not work from home, but your schedule will be flexible. Other than the obvious, you should be a meticulous cleaner and have excellent customer service skills, regardless of whether you choose to deal with one or two residences or launch a full-service cleaning company. Because it can be readily adjusted to fit around a busy schedule, this can also be a wonderful family business idea. It’s also a popular business idea for students searching for flexible, part-time work.
The median yearly pay is $27,339
Read more: How to start a cleaning business
04. Data entry specialist
You might be shocked to learn how much documentation is still completed by hand these days as opposed to online. By transferring data from paper files to online computer files, you can make money and contribute to the transition of the remaining people to the digital age. Not to mention, by saving a few trees along the road, you’ll be contributing to environmental conservation. Being extremely meticulous is essential in this situation to ensure that no information is overlooked throughout the transfer process.
$34,355 is the median annual pay.
05. Freelance illustrator
Use your artistic abilities and go it alone. You can have greater control over your work as a freelance illustrator by allocating your time to projects of your choosing, which will ultimately lead to increased motivation. To attract new clients, you’ll need to build an enticing illustration portfolio website that highlights your prior work and industry experience. For additional money, illustrations can also be offered as digital goods.
06. Survey taker
It may surprise you to learn that voicing your opinions can bring in money. As a survey participant, you will complete forms based on your broad perception of public opinion. As soon as possible, make an email address especially for this, as you will receive a lot of emails. Next, send out invitations to at least five reputable companies at first, as these can be hard to come by and they pay differently. Overall, treat this as a side gig rather than expecting to make a ton of money from it.
The median yearly pay is $16,000.
7. Pet sitter
Who among us who loves animals wouldn’t want this job? You would be insane not to take advantage of this business opportunity if your friends refer to you as the “cat whisperer” or if you get excited whenever a cute puppy crosses the street. It’s worthwhile to offer your skills to social circles and online groups if you’re responsible, considerate, and well-organized. This is also a great choice if you’re seeking for a career where you can multitask between projects or if you just want to make some additional cash on the side.
$30,077 is the median annual pay.
The median yearly pay is $16,000.
Read more: How to start a dog walking business, Business ideas for kids
08. Uber driver
A great fit for outgoing individuals who desire flexibility with their schedules. The duties of an Uber driver include picking up and dropping off clients securely at their locations, as well as maintaining a clean and welcoming vehicle at all times. If you perform well, you can quickly gain the admiration of others and become the crowd favorite based on a rating scale. Additionally, working with Uber will provide you access to the largest network of active riders compared to other ride-sharing services. As an alternative, you can partner with Uber Eats to deliver food if you’d rather not deal with customers.
$34,231 is the median annual pay.
9. Babysitter
Taking on this work is a terrific way to earn a meaningful income if you’re good with children, toddlers, or babies. There is always a constant need for nannies, whether you want to work as a full-time employee or watch your neighbors’ children for a few hours after school. If you complete a first-aid and CPR course in addition to earning the necessary certifications and skills to work with children, you’ll stand out from the competition by being a more reliable caregiver.
A lot of day care centers begin in homes before growing and relocating into more specialized spaces. We adore instances such as this one. Prior to launching a firm, be careful to conduct thorough research as either either a nanny or a daycare center—always seek legal counsel and make sure to abide by all applicable local, state, and federal laws and regulations regarding the care of children in private residences.
$33,722 is the median annual salary.
10. Bicycle mechanic
Are you naturally good at fixing things? Your skills will definitely come in handy, as the majority of people don’t. This is particularly true with bicycles, as 47.5 million Americans ride them regularly and the figure is still growing. You’ll be shocked at how many people approach you if you position yourself as the town’s “handy-man.” It is necessary to have prior experience fixing bikes of various brands, weights, and sizes. Additionally, it would be beneficial if you could work on electric bikes.
The median yearly salary is $21,000.
Read more: How to start a tutoring business
11. Private tutor
This is your chance to help in an area where you think you’re gifted and have the ability to explain the procedure. At all educational levels, from elementary school to graduate school, tutors are always needed for anything from math to grammar to languages and more.
You have the option to conduct all of your online tutoring sessions from the comfort of your own home. By doing this, you can also take advantage of the global need for online tutors. For instance, there is always a demand for online music instructors and English teachers.
$23,345 is the median annual salary.
14. Party entertainer
Having fun is important, which is why the entertainment industry is becoming more and more popular. In light of this, you might think about working as a party entertainer if your sense of humor or vivacious personality make you the life of the party. Your skills will be in demand in all fun-related fields, whether you’re a comedian, magician, balloon artist, clown, cartoonist, or something else entirely, just like this multifaceted performer, Shelley Siller.
The median yearly salary is $23,290.
13. Tailor
For those who want to repair their priceless garments, this is a profession that is always in demand. Jobs include hemming skirts and pants, repairing holes and loose threads, and much more. Working with various fabrics and stitch patterns, as well as occasionally designing or making things from scratch, require skill. Thus, if you’re an expert with needles and thread, this might be a perfect “fit” for you.
$32,560 is the median annual salary.
14. Personal chef or caterer
Do you enjoy baking and cooking? If this is the case, your job description can go beyond serving your neighbors freshly made cookies or wowing dinner guests with an abundant spread. You can launch a business right from your kitchen by serving food and treats to people, homes, and gatherings. To get started in this industry, you’ll need to have some basic business skills, know how to cook, and create a website about food.
You can also go one step further by using Youtube and TikTok to promote your home-cooked meals. Chef Joshua Weissman is a great source of inspiration. His affordable meal recipes and cooking videos have amassed him a sizable social media following.
Take it a step further and integrate home cooking with a food delivery service and
to make sure you really offer next level service to your customers.
Median annual salary: $45,929
