Home based business is very good for generating extra income. However success of Home based business depends upon your planning, execution & management capabilities. Home based business are low cost and easy to implement. If you want to quit your job and start small business, here is 11 Small Home based business ideas.
Garment business is easy to start and require very less capital. You can start small garment business from home. You don’t require big warehouse or store to start garment business. Garment business can bring profit from day one.
Chocolate making business
Another home based business is chocolate making business. If you are good at making good Chocolates this idea is for you. You just need to invest money for chocolate mold, creamer etc. You can supply this chocolate to small shops or can approach big shopping malls for purchasing your chocolates.
If you are interested in creativity and want something similar to your interest, decorating business is waiting for you. New Year evening is about to come and many people organize theme based party for New Year. If you know unique theme or good at party decoration you can start decorating business from home. This business does not require any investment.
To find new clients you can do advertisement on social media like facebook or can even give announcement on local cable network.
Another home based business idea is Event planner. Event planner business can make you busy for entire year. People often look for event planner for birthday, anniversary, New Year and festival parties.
You can even tie-up with hotel to generate more business. This business demands management and planning capabilities.
You can think of starting another home based business idea – Marriage Bureau. This is part time business which require less time. This business does not require any investment you just need few good candidates who are looking for life partner.
If you are good at making food you can choose to be in home based catering business. It is like converting your hobby in to business. In starting you can book small order for party and give catering service there. You can charge advance money for this.
This idea is for creative person. Today people look for unique gift at every occasions. If you can make unique gift for them this business is for you. For Gift Business you may need to invest some money for making gift sample like Chocolate basket etc.
Another home based business idea is tuition class. If you are good at teaching this idea is for you. Start your own tuition class at your home.
Professional photography is highly competitive business but if you are good at capturing click you can start photography business. You need to purchase good professional high resolution camera for this business. You may need to invest some money in creating studio infrastructure.
This business idea is for IT professional. If you are IT professional you can start web designing business. Please note that this business demands skill, creativity and hard work.
If you are good at articulating things in unique way you can explore blogging as business. Blogging can earn you big money by advertising and affiliate marketing.
Readers, what is your opinion about these home based business ideas? Do share your feedback in comment section.
11 Home based business ideas
Article by Raviraj
Raviraj is the man behind moneyexcel.com. He is graduate in finance, engaged in blogging since 6 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.