Home Business Opportunities
Launch Your Home Business Today
Tired of Your Low Pay Dead End Job? Ready to Launch a Profitable Home-Based Business?
Home Based Business Statistics
The U.S. Small Business Administration estimates that almost half of all small businesses are run from home. With nearly 32 million small businesses, that means about 16 million are home-based. And during the pandemic, the U.S. saw a record number of new businesses (49% increase) being started from the convenience of a home residence. Don’t assume that a home-based business is somehow a fly-by-night organization that has less long-term potential. The fact that there is less overhead means you need less capital to get started and keep the business running. This might even mean that you have a better chance of long-term success than a typical brick-and-mortar business or retail storefront as you don’t have a physical location to pay rent or a mortgage on.
Home-Based Business Pros and Cons
- A low investment home business has less overhead costs (such as rent and warehousing fees).
- Benefits from potential tax deductions you can claim.
- Unlimited options on where and how you sell your services
- Flexible work / life balance, which is ideal if you’re a stay-at-home parent or a retiree.
- You can create a family business where your your spouse and children can support you as needed.
- You may need to convert space in your home to support the needs of your business, creating a home office, production space, inventory, etc.
- You still have to comply with any regulations that pertain to the business you want to start.
- Your business may outgrow your home at some point.
- Working from home offers you a lot of freedom, but it can also be lonely. This might be difficult if you enjoy being around other people.
Hot Home Business Ideas for Today's
Self-Starters and Mobile Creatives
Exceptional income potential for both full time and part time opportunity seekers.
Excellent income potential for both full time and part time opportunity seekers
Good income potential for both full time and part time opportunity seekers
Average income potential for both full time and part time opportunity seekers