Many people looking to become entrepreneurs usually lack a lot of resources. They mainly have their assets but it isn’t enough to get all the trappings of a business like an office and employees. But this shouldn’t stop them. There are several business ideas out there that require minimal resources and personal ability. Here are some of them.
The obvious business that you can run by yourself from your house is being an online freelancer. A lot of businesses out there looking for people they can hire for the short-term to do a variety of jobs. Whether it is simple content writing to designing websites, there is a lot that you can do. All that you need for this is a computer, whether a desktop or a laptop and an internet connection. Working at your dinner table should allow you to earn without even leaving the house.
Freelancing is a lot easier nowadays thanks to the various websites out there that can facilitate seeking freelance jobs. They can also ensure that your client will pay you for your work. All you need is to meet the deadlines and you should be fine.
If you have a grassy lawn or a backyard, then you have a resource that you can easily tap. Growing a variety of herbs and flowers can earn you a lot of money, especially if you know what to do with them. For herbs, you can grow them to sell for cooking purposes. Popular herbs like cilantro and oregano are nice sellers. But herbs can also be used to create herbal teas and can be used for medicinal purposes. A good stock of these can be steady sellers. For flowers, decorative flowers are the easy sort but you can also use flowers for potpourri and scents. If you have a greenhouse, it is even better since you can harvest all the year-round.
Besides taking care of your garden, you can spread the love by taking care of others in the neighborhood. Lawn care and simple landscaping can earn you a decent amount for a few hours of work. Schedule it right and you can combine it with your home gardening activities so that you can have multiple revenue streams.
If you retired and want a bit more money, you can use all of your experience in business and other fields to become a consultant. There are many industries in which your skills and advice can be useful. It is also the perfect job for retirees. After long years of experience, you can point to that as your credentials as a consultant. The work will be short-term and you can do it from anywhere. Simply have your client send the details of what they want to consult on and you can work on it. You might need to go to the company sometimes, but you can still work from home mainly. It is also a good thing that you can charge top dollar for your expertise.
Drop-shipping Store Operator
Thanks to modern technology, you can be a retail store without needing any storage space or even an inventory. You can operate an online store using drop-shipping alone. The idea behind it is that customers order products from you and then you buy from a bigger retailer for a discount. Then you send the product to the buyer. You’re technically the middle man for the purchasing process. The profit margins are a bit thin but you can focus on a certain area so that you can dominate the local market.
If you can make things, you have a ready-made marketable skill. There are various things that you can sell. For example, if you are good at making jewelry or other fashion accessories as a hobby, then you can turn that into a money-making business. A popular one right now is being a custom dressmaker. If you know how to sew, then you can start accepting orders for dresses and outfits. Many people want to wear something that is not mass-produced. You will need to learn how to charge properly though.
Starting a home business can be a game-changer for a lot of people. Being able to earn money out of your house can help a lot, especially for those who want to be their boss. With the low overhead, these home-based entrepreneurs will be able to earn a decent profit which they can use to improve their business and for further development. If they put in the hard work, the sky is the limit for them.