Tue. Feb 18th, 2020

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The 40 Best Home Business Ideas for Every Type of…


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Editorial Note: Fundera exists to help you make better business decisions. That’s why we make sure our editorial integrity isn’t influenced by our own business. The opinions, analyses, reviews, or recommendations in this article are those of our editorial team alone.

Currently, in the United States, millions of self-employed individuals consider their home to also be their place of business. Taking this into consideration, you might not find it surprising that 80%-90% of the U.S. workforce admits that they’d like to work remotely at least part-time. Working from home—in whatever form it takes—has grown in popularity over the past decade, and it’s not difficult to figure out why.

Successful home business ideas give contractors, freelancers, and entrepreneurs the freedom to control their work, time, and personal growth. Maybe you’d prefer to wake up late and take long lunches, confident in your ability to finish your work on time. Or, maybe you prefer to be your own boss, setting up best practices and ditching those quarterly reviews. Or perhaps, you want to travel or be at home for your family, and you view commuting as a pain.

There are plenty of compelling reasons to want the flexibility that working from home—and starting your own home-based business—can offer. If a change in lifestyle is what you’re after, then you’ll want to take a close look at your skills and interests to figure out which fields fit you best. Whether it’s an online home based business or something more traditional, you’ll likely find something that resonates with you.

To help you in your exploration, we’ve gathered this list of 40 of the best home business ideas. All of these home based business ideas are affordable, engaging, and most importantly, flexible—and we’re confident that if you don’t find the perfect idea for your home business here, you’ll at least have the inspiration you need to continue your search.

The 40 Best Home Business Ideas

Any office worker can probably tell you that they’ve had a daydream about quitting their job and starting their own business. In moments of great frustration, they may have even researched “small business ideas from home,” and started to think of all of the other possibilities that are out there. Luckily, in this technological age, this dream can more easily become a reality, especially if you’re interested in creating an online home business. If you have a computer and internet connection, there are home business ideas aplenty, including those with low startup costs (if any) and that are great for stay-at-home moms (aka mompreneurs).

Whether your skill set is communication, technology, or design—we’re sure that you’ll find something to consider on this list of online home business ideas.

1. Freelance Writer

If you’re a great writer, then you could make a great freelance writer. And best of all? Freelance writers work from all over the world. Whether you want to sit in your neighborhood café all day or country-hop all year, this job could apply to you.

Of course, successful writers need to have a firm grasp on grammar and tone, superb editing chops, and the ability to do their own research and synthesize content that they might be unfamiliar with. It could help if you become an expert in a few different fields, like technology or small business finance, and it’s always important for all freelancers to know how to market themselves and network with potential customers.

You might be asked to write anything from a blog post series to an industry white paper, website copy, or email newsletters. The more you’re familiar with, the better off you are.

And finally, don’t forego the possibility of writing your own ebooks to sell on Amazon and similar websites.
With basically zero publishing and low design costs, this is another way your writing can benefit your bank account directly. (You could even write an ebook about freelance writing!)

2. Virtual Assistant

If all of your friends know you as “the really, really organized one,” then being a virtual assistant might be the home business idea for you.

Here’s the deal: Busy executives usually reach a point in their careers where they simply can’t manage all the calls, emails, appointments, and smaller responsibilities on their plates. They’re distracted by, you know, running their companies.

That’s where you come in. As a virtual assistant, you would use your phone, email, computer skills, and any number of online tools and applications to handle their online calendars, schedule appointments and meetings, make reservations, purchase tickets, set up reminders, organize events, file documents, and more.

If this kind of work isn’t your thing, then it might sound a bit unglamorous.
But if you’re the type of person who color-codes their planners and sends out Google calendar invitations for coffee dates, then being a virtual assistant could be a fun and fulfilling job—that you can work from home.

3. Researcher and Fact-Checker

Not everybody who needs a fact-checker actually knows that they need a fact-checker.

That’s alright, though. As a professional researcher and fact-checker, it’s partially your job to remind all of the business professionals, scholars, academics, lawyers, educators, journalists, and more about just how valuable your service can be.

It’s a simple fact of life: These professionals don’t have the time they actually need to carry out all of the research necessary on a day-to-day basis. Whether it’s perusing old academic essays or case files, analyzing bibliographies, or carrying out some market research, you can be a valuable asset to a company with your research and fact-checking.

You need to be organized, meticulous, and skilled at communication. If that sounds like you, then add this to your personal list of home business ideas!

4. Social Media Manager

Is social media that one thing that you’re crazy good at, but never thought you’d make a living out of?

Well, you might…

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