Here are some exciting, profitable home business ideas anyone with sufficient training, expertise or experience can startup. A viable home business provides opportunities for us to turn our expertise and passion into profits. Starting up a home business is also a way of starting a dream business. For persons who are employees, it is a means to earn more income, and the beginning of becoming your own boss. For a young person looking for employment, a home business may be just what you need to launch an exciting career or business.
A startup demands hard work and lots of sacrifices. But I guess you know a couple of people who are living their dreams or others who are living comfortably well, just by taking the fist step to start their own businesses — from home. I presume you know also that some big businesses in several industries Ghana today started out in a bedroom, a sitting room, a kitchen, a garage, and of also from the boot of a car.
So, here are ten profitable home business ideas to get you started.
Decide what your services will be. Then you create a flier outlining those services. Do you want to simply do bookkeeping for a small business? Do you offer a more involved level of accounting, including balance sheets, income statements, and other financial reports on a monthly, quarterly, and/or annual basis, depending on the needs of the business? You may like to consider other specializations which include tax accounting, a huge area of potential work.
Many business owners are able to manage their own day-to-day bookkeeping records but would need professional help with their annual statements of accounts and taxes. Experience, training or licensing may be needed for this choice.
This is an exciting business idea because it offers several possibilities. To be a consultant, you need to have an expertise in something. You can market yourself as an adviser to others looking to work in that area. Perhaps you managed a sales force or you were marketing manager for many years for a large beverage manufacturer or retailers. You can use this experience to help others do similar things without making the same mistakes that you made along the way.
3. EDITORIAL SERVICES
Editorial services are fairly inexpensive home businesses to start. You can provide a variety of editorial services right from the quiet and comfort of your own home:
- Copyediting. This is a process of fact-checking where grammatical, stylistic and typographical errors are caught. It is one stage in the quality control process in publishing.
- Proofreading. This is the final stage for corrections for a “finished” piece of publication. The proof-reader makes sure the copyediting changes have been properly made and no new errors are created in the process.
- Book doctoring. This is an editorial service provided for manuscripts written by experts. They create a manuscript as best they can and then a book doctor puts it into publishable shape.
- Ghost Writing. A ghost writer writes a book for someone else. The ghost writer actually does the research and writes the book and someone else’s name is attached as the author.
- Copywriting. This activity is a kind of writing that promotes a product or a service. Copy editors write for businesses. As copywriter, you will often work with advertising and marketing services providers. Also, you may work directly with owners of small businesses, writing promotional copies for them.
- Book writing. Do you have an expertise in something professional, such as accounting or interior decorating? Or personally, like knitting? Why not write a book about it?
- Magazine article writing. Magazines and newspapers are a great way to get your writing published before tackling the daunting task of writing a whole book.
- Blogging / Web page content provider. Providing content for a web site is a good way to make some money writing.
4. DESKTOP PUBLISHER
If you own a computer and you are fairly proficient in graphic design, you can start desktop publishing. You can use desktop publishing software to create a variety of products. The software you need to have include those for word-processing, layout, photo-editing. You can produce newsletters, magazines, books or even marketing materials.
You can create the content for your desktop publications, or you can pay a writer to create the content for you. Alternatively, you can advertise your desktop publishing services to design and create newsletters and books for others with their content. Experience, training or licensing may be needed.
5. WEBSITE DEVELOPER
You may design and/or be a website admin for an organisation or a small business. Although experience and training are required, you can learn the language of website creation and its systems, security concerns, etc, by way of courses offered online. You will, of course, need to have a flair for art and design. You’ll need to research each company you design for: what is the atmosphere of the company that you need to reflect in the website design.
6. EVENT PLANNING
As event planner, you help small businesses, organisations and individuals to plan and execute events. The variety of events to provide comprises corporate parties, annual meetings, conventions, product launch, etc. First, you need to do is visit every potential event location with which you plan to work. Learn what is available at each location and develop a database that will allow you to sort venues by varying features — the number of people each site holds, if there is AV equipment available on site, will you need to arrange for rental chairs, etc. Then when you are beginning to plan an event with a client, you can find out what the key parameters are for the event and easily pull up the three or four sites that meet thier basic criteria.
7. WEDDING PLANNER
You will be in the business of helping your clients to celebrate their weddings in style, without the hustle. You need to be up-to-date on wedding trends and fads, dress styles, colour trends—almost everything under the sun! Offer your customers a menu of services, from helping pick flowers, the wedding gown and bridesmaid dresses to picking the venue and hiring the caterer. Shop at all the wedding shops, and even pretend you are a bride-to-be to see what kinds of services the wedding gown shop provides and how they treat potential customers. You need to know every detail of the business to give the accurate impression that you are the go-to person for anyone planning a wedding.
You can earn good money by offering photography for events, special occasions, etc. Making money as a photographer can be done in a number of different ways. You can specialize in one area, the most common being weddings. There are niches you can explore for photography: portraits, families, and homes; photographs of holiday events, birthday parties or Christmas cards; wildlife, still-life, etc. The possibilities are endless.
You can turn your passion for grooming into a very profitable business. Hair-styling is a popular business that can be quite lucrative. Corporate professionals, ladies, and gentlemen are always shining-up themselves always. You may want to run a home based hairstylist business or you may want to serve your clients in their own homes. You’ll need cosmetology training and in certain cases, a license. Also, you need loads of experience under your belt working in a hair-styling salon. Your family and friends can provide initial clientele and will give you valuable word-of-mouth reference.
10. HOME DAY CARE
Child-care needs are rising in Accra and other cities as more and more women join the workforce. Young mothers in the corporate sectors and those pursuing higher education demand good quality and reliable care for their children. That’s ready market for day-care services. Many prefer the option of their child being cared for in a home environment while they are at work, opposed to a more institutional-like setting. Do you own a home and you love children? If yes, these things mean that a home-based childcare business can get off and running immediately.
This list is only a few of the numerous home business ideas. Just explore and find what gives you the good vibes, and try it. Good Luck to you, from me and from Labone Express.