With an increase in the number of individuals who want to work at their own pace in their own convenience, heading to the office for work no longer cuts it. Now, starting your own micro business is the new trend.
The question is: what kind of micro business will prove itself to be profitable this 2018 and for the years to come? Let’s find out.
Lucrative Home-based Micro Business Ideas
Sell Products Online
Online selling has become a really popular micro business, and it’s for a few good reasons. One, it’s really convenient, and the transactions are made quick and easy. Two, if you don’t have your own products, you can always look for other products to market and earn a commission for every product sold as an affiliate marketer. Lastly, the returns are quite high.
If you decide to become an affiliate marketer, you can either:
- Sell information products such ebooks, site memberships, etc. which allow you to earn up to 50% commission for every successful sale.
- Be an Amazon partner which is basically choosing a product in Amazon, marketing it to people, then earning a commission-based income.
Start Freelance Writing
There’s never been a shortage of freelance writing gigs online. In fact, the demand for content is huge, and there’s even a number of ways you can earn through it. One of the most lucrative is writing the essays of college students and getting paid for doing so, like this website. Other writing jobs include:
- Paid blogging
- Press releases
And a whole lot more!
Offer Tutorial Lessons
This micro business can be done either online or offline. If you’re quite good at one or two subjects, there are hundreds or even thousands of students online waiting for your lessons. The best part is, if you really love teaching, then you’re getting paid for what you love doing.
If you prefer doing tutorials in person, you can also set up your own tutorial school at home and ask for your neighbors if they have some kids who require educational assistance.
Sell Homemade Goods
If you have a knack for making homemade goods, like cakes or cookies for example, why not turn it into a profitable business? You just have to invest in a few equipment, and with the right set of skills, you can start selling your products to the neighborhood or local shops or even create your own online store.
Be an Events Planner
A lot of people often require help for planning events which range from simple birthdays to grandiose parties. If you enjoy creating plans and working with different clients, then starting your own event planner business at home might just suit you best.
Of course, you need to meet with your clients at their venues from time to time; but most of the time, planning is often done in the comforts of your home.
Start Music Lessons
If you have a musical talent, why not share it with others and earn money while doing so? With a number of musical equipment at hand, you can open up your home to clients who are willing to learn to play a particular instrument or even take part in voice lessons.
Offer Care Services to the Elderly
Senior care services remain to be one of the best and most profitable micro business ideas you can try at home considering that seniors make up a sizeable portion of the US population. In most cases, they need help in doing household chores such as cleaning, cooking, or taking care of their pets. This is where you come in. As someone who offers non-medical home care to the elderly, you’re basically their go-to person in the event they need assistance at home.
Do Landscaping Services
As people become more acquainted with the airconditioned life, more individuals often look for someone to do landscaping and pay them a lucrative sum. If you have a green thumb and a knack for landscaping, you might just as well try this one. Aside from earning money and making your design ideas come to life, it’s also a good means of exercise – which is undoubtedly a win-win.
These are just a few ideas, and there are hundreds or even thousands of them out there. With the right skills, talent, and dedication, you can certainly earn more than what you’re earning in a typical office job.