There Are Two Types of Home Based Businesses
By Steve Gillman
You may be looking for home based opportunities, but are you
clear about what type you want? There are businesses that can
be run from home, but still require you to go out to make a sale.
These include services like office cleaning and dog walking.
You dont need a separate office or storefront location,
but you do have to work outside of the home.
Then there are the home based business opportunities that
are not only based at home, but can actually be run without leaving
the house. Lets take a quick look at both.
Home Based Businesses
It is nice to work from home for a variety of reasons. Even
if you have to go "out in the field" to provide the
products or services you sell, you still get to be home more
than if you had a separate storefront or office. That means more
time with family, and also means lower overhead costs. Some of
the businesses that are (or can be) home based include:
Window cleaning services
Small baked-good businesses
Though there are some product sales businesses that can be
run from the house, it service-based ones that are the most common.
Home Based and in the Home
The other type of home based businesses are those that can
be run from home and allow you to actually stay in the house
every day. The advantages of this type are obvious. Lower costs
are common, time with family is a given, and even those who have
physical disabilities can operate a business from the house.
This type can be further divided into internet-based and offline
business. The latter includes:
Writing for magazines
Renting rooms in your house
Customer service contracting
There are many other possibilities in that category as well.
But the home based business opportunities that are most exciting
to myself (and many others) are those that involve the internet.
The advantages are many, including no direct contact with customers,
the ability to run the business from anywhere in the country
(and possibly the world), and the fact that you can often choose
your hours. Some examples:
Selling e-books online
Running informational websites and getting paid for the advertising
Recommending the products and services of others for a commission
Writing articles and ages for webmasters
Selling products online (there are hundreds of businesses
in this category alone)
Blogging and selling advertising on your blog
The list goes on, and most of these types of home based businesses
give you the ultimate in flexibility and freedom. This page could
have been written whenever I felt like it, for example, and from
an internet café in France if I wished. And yes, I do
make a good living at this.
Our Other Home Business Pages
Examples of both types of home businesses are found throughout
this site. Here are some of the pages that cover them.
Best Home Business
Opportunity? - This page is all about our own business, and
yes, it is home-based. In fact, I am sitting here in my pajamas
(sweats actually) as I write this. It's a quick overview of what
we do and the advantages of informational websites as a business
model for making money online.
Ready to Be a Blogger? - A page
with an article by a guy who does a couple hundred thousand dollars
annually with his blog. Although I've never had much luck with
my own blog (The New Ideas Blog), I love the basic idea. Again,
this has all the advantages (ease of maintenance and residual
income, for example) that our business has.
Money Making Hobbies
- A quick look at how hobbies can be turned into businesses.
Many can be done from home, of course.
Treasure Hunting - This
covers a lot more money-making activities than you might think.
Metal detecting and diamond-hunting in parking lots are just
the start. Although you don't get to stay home for these, you
do get to operate without an outside office or job to go to.
Playing With Money - This
is a fun page that covers several ways to make your money work
for you, and I don't mean making a few percent per year in a
bank. These are plans that can either be done at home or at least
using your house as your office.
Residual Income - I explain
why residual income is so valuable, and cover several ways to
generate it. Home business opportunities are included in the
Of course, there are also many service businesses that can
be operated from your home. These include everything from resume-writing
services to window washing and dog-sitting.
Finally, there are many home businesses covered in the Unusual
Ways (To Make and Save Money) Newsletter.