How to Start a Work From Home Business
When you think of owning and operating a business, you might think about renting commercial real estate, commuting to an office, or managing employees.
But with the rise of home businesses, more and more people are discovering ways to use remote work to pursue entrepreneurship with their headquarters at home. One of the easiest businesses to start from home, would be to join the Appily App Builder Reseller Program, which will allow you to easily create your very own App agency by Reselling Apps to clients under your very own branded platform, and the best of all is that this requires no in depth technical skills and you can have your new business up and running within a few hours.
In today’s connected world where technology affords us more flexibility in how and where we work, home-based businesses come in a wide variety of forms. Below we have listed a few different ideas you can use as reference when starting your home based business.
What makes a “home-based” business: The pros and cons
A home-based business is a venture, whether full-time or run as a side hustle that you can start and operate using your own home as your base of operations. A few home-based businesses, especially those that sell online and don’t buy and hold lots of inventory, can even be run on the go, you don’t necessarily need to be bound to your home.
Naturally, there are pros and cons to consider when deciding whether a home-based business is right for you.
A low investment business has fewer overhead costs (such as warehousing fees), plus potential tax deductions you can claim.
The option to sell products or services locally or internationally.
Flexible work/life balance, which is ideal if you’re a stay-at-home parent or a retiree, as an example.
You can create a family business where your relations or your spouse can chip in as needed.
You may need to convert space in your home to support the needs of your home business (e.g. holding inventory, creating a home office, or storing equipment). The challenge can be doing it without disrupting your life at home.
You still have to comply with any regulations that pertain to the business you want to start (e.g. you may still need to rent a commercial kitchen if you plan to sell food products or a license/permit to hold inventory).
Your business may outgrow your home and require you to rent additional space and hire employees.
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.
Home-based business ideas you can start today
While there are plenty of ways to go about starting a home-based business, the following are some of the most approachable paths to creating a home business for yourself:
Buy products in bulk to sell
Sell homemade products you make yourself
Start a print-on-demand store
Sell your service or expertise
Productize your service or expertise
Grow an audience you can monetize
Become a Reseller
Grow your agency or start your own mobile app business with our white label app builder
Make your own deals to entice clients
White labeled dashboard
Revenue generating features
Drag and drop Interface
White label CMS
Made for small businesses
Deliver high-quality apps
Being in the reseller business doesn’t mean you have to know how to code, you can easily start your own app company today or extend your (web or design) business selling apps.
When you use a third-party app and white label it, you’re essentially just paying developers for a readymade app. It’s just like having an in-house developer, but for a fraction of what it would cost, especially if you are a reseller and resell more than one app! You won’t have any hiring costs, monthly salaries, or annual appraisals to maintain. Thus, paying for a white label mobile app builder is much cheaper than hiring an app developer for your mobile app development needs.
Buy products in bulk and sell them online
Many businesses focus on the simple concept of importing products in bulk and selling them individually for a profit.
Maybe you recently traveled abroad and came across unique products that aren’t readily available in your market despite an appetite for them. Or maybe you’ve zeroed in on a niche and know the perfect products to serve its customers.
Either way, if these products are relatively easy to store and ship, you may have a solid home-based business idea on your hands
Your home can even be used as an initial showroom to sell locally, giving you the option to expand with additional storage space and employees as you validate your idea and sales start to ramp up.
Sell homemade products
If you’re a maker yourself (or know someone who is), you can also consider turning a hobby into a business. Even if you have to create your products elsewhere in a studio, commercial kitchen, or workshop, you may be able to store them and sell them in your own home.
With the ability to control nearly every aspect of the products you sell, you can make them more cost-effective, improve their quality, or cater them to a certain audience to target demand in the market.
Whether you choose to start on a marketplace like Etsy or want to build your own branded storefront, selling your creations is a great way to share your passion with others and make money too. Just be wary of regulations concerning products that customers ingest or put on their skin.
Examples of handmade products you can sell include: