The best business ideas you can start from home
The best business ideas you can start from home
There are 582 million entrepreneurs in the world and new businesses are started nearly every day. If you are thinking of leaving formal employment or you have a dream to start your own business, you may be wondering what to invest your time in…we have come up with some of the best business ideas that will make you excited to go to work every day.
Sell Virtual Reality products and services
Virtual Reality computing has taken a massive leap over the last few years and is becoming extremely popular. Research company statista says the market and industry for VR is growing at a massive rate and they estimate that by 2020 the worldwide size of the VR market will be in excess of around $40 Billion. Wouldn’t you like some of that pie?
Essentially VR immerses the user in a realistic sensory experience, allowing them to delve into many different themes and topics that suite their liking.
Ever wondered what it would be like to walk on a different planet? Or maybe experience what it was like to explore time periods where dinosaurs walked the earth?
VR has many different types of subjects that a user can experience, from cooking to vehicle repair and surgery or even just snorkelling with sharks in the deep blue sea. In order to use VR, the user would need a headset and appropriate equipment. That’s where a potential business idea lies.
Virtual reality has proven to help people with PTSD and other significant mental trauma by allowing them to explore very calming experiences and has the potential to help many different people around the world.
What is so exciting about this product is that there are plenty of different uses for Virtual Reality in business or lifestyle that are limitless.
Some of the applications of VR include:
- 3D movies – watching films in 360-degree VR.
- Real Estate Marketing – Imagine taking a VR walkthrough of the house you’re planning to purchase or being a VR real estate agent and taking people through guided tours of the home within the comfort of their own room.
- Gaming – The VR gaming industry has exploded recently with new titles being released almost weekly.
- Team-Building – VR allows users to experience team building exercises in a variety of different challenges and tasks which shakes up team building and allows for many different interesting and new experiences for your work team.
- Social Media VR interaction – Friends will be given the opportunity to experience and interact with each other in a virtual online space.
- Training – VR limitations are essentially unending and allows for a certain amount of realism to be applied into training scenarios. For example, UPS are launching a new delivery driver training program into VR where the workers would train in the scenarios.
- Meditation – VR is the perfect place for Customized uninterrupted meditation experiences. For example, being alone on a perfect white sanded beach just you and your thoughts.
VR also allows users to experience puzzle and escape rooms where you would essentially go on VR adventures and or solve group puzzles with your friends or co-workers. This has the potential to assist with motivation and team building, allowing the users to have fun doing so.
Start a Drone Videography company
Drones have seen a massive increase in production since their uses have become more widely used and accessible. Businesses in a variety of industries need stunning videos or breath-taking still photographs that a drone can capture. And you get to have incredible fun doing it.
Some applications of drone videography include:
- Construction industry – doing surveys of new sites as they get built and tracking progress
- Security industry – for patrols or following suspects
- Environmental companies – doing research or tracking wildlife
- Agriculture – a tool for farmers to patrol large areas of the farm for broken fences, lost animals or to track thieves or find potential weak spots
- Estate Agents – for marketing of their properties
- Hotels – for marketing of their facilities and environment
- Retail – for deliver of parcels
You would get to explore interesting places taken from a perspective never seen before as you meet new people developing your portfolio.
Although the price range of drones are quite high the business potential in the drone market is huge. If you have a leaning for production and creativity with a little aero nautical engineering thrown in, this business idea is for you.
Save the planet one solar panel at a time
Ever since the boom of the green initiative people are embracing the uses of solar energy on their journey to becoming more environmentally responsible.
A solar contractor assists businesses with complex solar projects by supplying them with advice and all the equipment they need, ensuring that everything is installed properly. And you can earn ongoing maintenance fees to ensure products are regularly serviced and in working order.
Although a background in electrical engineering is recommended, if you are more business minded partnering with someone to handle the installations, while you oversee the money and customers, is also a good way to go.
Helping homeowners and businesses to move to green energy is vitally important for protecting the next generation and the preservation of our planet. The opportunity in both the home and business marketing is massive. Global market research conducted on Solar Power showed that in 2017 solar power was deployed with nearly double the capacity of wind power.
Solar also outperformed traditional energy generation technologies and the report states that despite this growth there is a long way to go – solar contributed only 12.1% of total global power output in 2017.
This business idea will make you feel good about what you do and enable you to make good money too.
Become a sustainable landscaper
The property development and construction markets are moving towards sustainable landscaping to protect the environment immediately adjacent to as well as in the development area. Your role would be to assist businesses with strategies to avoid and negate the effects of environmental problems such as drinking water pollution, excess stormwater runoff or species propagation.
A sustainable landscaper would use recycled parts, wireless systems, native grass and large open areas. Today many businesses are looking for landscapers that could assist them with the development of their aesthetics without contributing to the loss of environment.
If you have a leaning towards landscaping, even if it is not your profession, you could develop a great business from home and contribute to the protection of the environment.
Make money by refurbishing antiques
Perhaps you are good with your hands, working with wood and other beautiful, valuable objects. Refurbishing antiques doesn’t require a large amount of start-up capital compared to the other fields listed above, but it does require a good eye for finding hidden gems.
Plus, you get to travel around the country to acquire the best valuable pieces. Some negotiation skills will also come in handy when getting someone to part with a much-loved item that may have been in the family for generations. If you love going to yard sales, boot sales, flea markets and the like, this business won’t seem like a chore at all.
Combine your refurbishing business with an online retail store and this idea is perfect to launch from the comfort of your own home.
Become a podcaster or videocaster
Podcasting and videocasting has become increasingly popular over last the few years and are now recognised as a genuine career path. Podcasting is when you share your stories through digital online audio content, either live or available for download. Videocasting is when you do so through video not just audio.
The absolute beauty of starting a business in this field is that you get to share your experiences or tell stories that will benefit other people’s lives.
Many people around the world are turning their podcasting or videocasting hobbies into full-fledge businesses. Of course, you would need to invest in the right equipment and editing software as well as learn how to produce the final production. Once you get into it, you’ll be able to grow as fast as you can talk.
Both these ideas do require marketing to get the word out there, but so does any of the other ideas in this article. Once you get the hang of it and build a sustainable follower base, this business has the potential make you a lot of money by helping others.
Custom Baking is a business with absolute longevity
If you love baking and are very creative, becoming a custom baker is a fantastic business idea to do from home. Unlike caterers, bakers can work in a non-commercial home kitchen while still meeting health department regulations.
There are boundless custom baking opportunities including:
- Occasion baking – for birthdays, anniversaries, weddings, 21sts etc,.
Corporate baking – at events and to celebrate significant milestones
- Home entertaining – for the perfect dessert or high tea with family and friends
- Weekend markets – as treats just because they are beautiful and delicious
While custom cake design and baking has become ever so popular, it still has the potential to be a successful business. You could also teach baking courses to budding chefs or offer signature items to restaurants – not all places have excellent pastry chefs.
You could add on a delivery service for a fee and make some extra moolah. Or you could even plan birthday parties… whether you just want to bake or provide supplementary services, this business idea can be as small or as big as you want.
Have a look at our 15 best stay at home mom jobs.
Create a plastic alternative business
Plastic has become a plague on the environment: an estimated 13 billion plastic bottles are being thrown away every year with three quarters of non-degradable plastic landing up in landfills and the natural environment.
Plastic has disrupted eco systems all around the world, killing sea creatures in its wake, so much so that some countries have banned single use plastics entirely.
The sad reality is that plastic will continue to be one of the worst products to damage the earth – a single plastic cup can take up to 80 years to decompose.
Thanks to media, environmental groups and concerned citizens many people and organisations are wanting to do something about it – that’s where a plastic alternative business would come in.
Here is a list of some plastic alternative ideas to spark your thinking:
- Develop a plastic alternative – this one is for scientists and inventors!
- Market an everyday product but in environmentally friendly packaging
- Invest in recycling machinery and start a recycling business – this one is not quite a home business, but it is much needed and can make you good money
- Create a range of plastic wearable clothing or jewellery
- Create mats or carpets out of plastic
- Start a business selling benches, tables or playgrounds made of recycled plastic
- What about creating trendy decorative items for the home that are unique – sell them to art shops or create your own online store
- Develop an app to help people reduce their plastic waste
Now is the time to rethink plastic, so why not make a business out of it!
Start an E-Magazine
If you have experience in journalism or content creation in multiple forms, starting an e-magazine may be right up your ally. What is great about this business is that you can outsource everything with you as the chief editor and publisher. No employees, no offices and no hassle.
To be successful in the online world you need web traffic to make money and people who are willing to buy what you create. There are many online publications; but a good way to start is find a Niche market and provide content that people really need and are willing to pay for.
A niche is a specific market versus say a general news magazine. For example, in sport you have niches such as golf, cycling, soccer etc. And it doesn’t stop there…golf has other niches such as golf equipment, golf coaching, golf courses, golf weekends and so on.
You need to research where there is demand for content and match this with something you are passionate about. Remember starting a new business is challenging, so you really need to love what you are doing!
Your financial model would include a monthly or yearly subscription as well as advertising revenue – that is once your traffic generation is high enough.
Electric charging station provider
This business idea is dependent on location because not everybody uses a hybrid-electric or electric vehicle. Although it doesn’t mean that it is not be a good business idea.
Perhaps you own a property that is on a main road or that is in the area of a business or retail hub? You might consider installing a charging station for electric vehicles and offering it to drivers for a small fee.
Create a craft beer range
Craft beer has turned from a popular hobby into an amazing business opportunity. Perhaps you know of a family recipe or you have always had an interest in creating different mixes or recipes? Or maybe Craft Gin is more your style?
The amazing thing about creating a craft beer is that you can start creating recipes and concoctions in your home until you are up and ready to go into production. And if you have the right sized property with space to build a brewery, that’s a bonus!
The market for craft beer is huge – your consumers could come from anywhere in the world; if you brand your product well with the right market appeal, your beer could become the talk of the town, country or world!
Initially you would need to invest in the equipment and later hire staff to assist you with the operation. But like any new business, the initial investment could outweigh the returns if success is achieved. So, get Brewing!
Start a clothing boutique
Maybe you are more of a fashion-oriented entrepreneur? Consider opening your own clothing boutique and sell your clothes online or by invite only. If you have a large additional room in your home, you could create a beautiful “showroom” where your clientele can browse your latest collection.
This business idea will require initial funding to get started, but it can be hugely successful if you find the right market and the right inventory.
You could sell any type of clothing from T-shirts to suits. It can be challenging because there are many boutique stores, in both the on and offline world. However, once you find a niche that will work, use your creative flair to stand out from your competitors.
You might also be interested in a list of jobs you can do while traveling.
Create an Ecommerce store
Unlike retail stores, Ecommerce stores are open for business 24/7 and thanks to online marketplaces like eBay, Amazon and Esty it’s easy to set up your own online store and start selling almost anything – if people are willing to buy it.
People will pay more if the value they receive is greater than the competition. Think about where you could go the extra mile to create an experience or service offering that takes your online store to another level.
What makes this such a great business idea is that you won’t have the high costs associated with sourcing funding, renting office space or hiring staff – everything can be outsourced – including shipping and logistics.
Provide facilities support services
Maybe you have good organizational skills or a background in building or maintenance or maybe you love adventure climbing. Facilities support services is a category that combines all the necessary services a business need.
The services that nearly every business need are:
- Cleaning – in and outside
- Building maintenance
While this is not a glamorous or particularly creative business, if you have very strong management and organisational experience, this is perfect for you as you will be required to manage and co-ordinate teams of people.
Inclusive children’s products
This idea has huge market potential, a research study published by the centre for literacy in Primary education in the UK found that only 1% of children’s books had a popular primary main character in 2017 and that the toy market is still un-diverse. Toy sales alone in the UK were worth around $4.2 billion in 2018.
Children’s toys and products, as well as play and education, have a big impact on a child’s development. The sad fact is that these products do not reflect the experiences of different children. The category of inclusive children’s products will change this by mirroring actual diversity taking place in the real world.
Why not start a business that sells or creates toys that represent individuals from a range of races/ethnicities, genders or cultures in the country where you live? Not only will you make money, but you can be part of a movement that has a positive impact on society.
Some ideas include:
- Writing or translating children’s books into other languages
- Creating illustrations or artwork for inclusive children’s books
- Toys of girls in industries such as science or building
- Gender neutral toys
- Inspirational dolls that represent real people such as a doll that is an astronaut or an archaeologist
- Designing clothing items for favourite toys or dolls
Start a Self-Publishing business
Some authors earn as much as $1 million per year and it’s possible for anyone with a great creative writing side to achieve the same kind of success.
All you need are a few freely available tools and the creative mind to write a compelling book that will sell to a wide variety of people.
You wouldn’t need to earn $1 million to be successful, even a few extra hundred dollars in profit can go a long way and many avid readers across the globe are always searching for new exciting and compelling stories to read.
Offer security services
Today the demand for security services is exploding at an increasing rate and with the rise of technology many businesses and individuals are looking for security services. Online cyber security is a field that will allow you to work from home because nearly everything is done in cyberspace.
The impact of identity theft or hacking can be devastating to an individual or to a business. There are many ideas you could consider but they will largely depend on your skill and capabilities in the technology space.
If you have the competency to provide online security services, check out the ideas below:
- Provide a backup and recovery service to protect a company’s information
- Start a cyber fraud investigation business
- Sell insurance to protect against cyber risks
- Offer specialised hacking services or use software products to help large organisations find vulnerabilities in their network
- Sell and install access control systems
- Sell and install home cameras or CCTV for small businesses
Businesses are always looking for general security services, so they demand for these services are always increasing.
So, there you have it, some of the best ideas for businesses in 2019. So, what are you waiting for? Get to work on your dreams and start that business!