Sometimes the best (and most challenging) part of deciding to start your own business is deciding what type of business you want to have. Maybe it’s the little café you’ve always dreamed of having, maybe it’s an offshoot of what you used to do when you worked for somebody. Whatever you finally narrow it down to, for that moment the possibilities are endless and possibly overwhelming. If you think you might want to try and have something you can run from home, we have some home-based business ideas with the best growth potential courtesy of AllBusiness.com.
With the baby boomer population growing older and people becoming more aware of the benefits of healthy living, a great business idea to consider is that of personal trainer. It’s a business that doesn’t require a bricks and mortar storefront, but rather allows you to work from home, from your client’s home, or a fitness center (on a contract basis). If you think this is something you could excel at, be sure to visit the National Federation of Professional Trainers for all the certification and insurance information you need to know.
This field has branched out from just teaching Algebra to failing high school students – nowadays, parents use tutoring as a means to give their children an extra advantage for getting into the best colleges. Also the No Child Left Behind Act has allowed for federally financed tutoring for those schools that are not meeting the required performance goals of government funded schools. Talk to the school officials in your area to get an understanding of what the local needs are, and don’t forget to brush up on your credentials!
If you feel like you’re living the dream by being your own boss, why not help other people feel that way about their jobs? Part life coach, part professional mentor, a business coach helps owners and managers improve their productivity through personal change. To be competitive in the field, it’s best to have a lot experience in business, particularly a specialized forte (marketing, finance, etc), and of course, proven results. To get an idea of what a person needs to be a successful coach, visit the International Coach Federation website, which covers certification and a coach referral service for its members.
Health and law are two industries with careers always in demand. As a transcriber in either field, you can run your own business with just the aid of a computer, the Internet, a printer, headphones, medical/legal dictionaries, a foot pedal and software for audio playback – that’s it! From there you transcribe reports, summaries, interviews or depositions, depending on the industry. Superior typing skills are required and medical transcription may require some training. Regardless, it’s always a good idea to check out any available transcription course that may be offered online or local to you.
While web design may seem like a prolific field, there’s a niche for those who know how to program a site to be mobile compatible. Studies are showing that by 2014, mobile Internet usage will have taken over desktop usage. Whereas once it was enough to just have a website, many business owners are going to start needing a site that can be viewed on any of the dozens of smart phones out there. However, because it’s such a crowded industry, be prepared for heavy marketing to stand out among all the competition. Networking, blogging, and guest speaking are just some ideas to get you thinking on how you can start to build a name for yourself in the web design field.
The above named ideas are just a few to get you thinking about what kind of businesses you can run from home, but really, depending on your skills, experience and interests, the possibilities are many. If you’re ready to be your own boss but don’t have a lot of capital to invest, a good idea and a inquiry to the Business Finance Store may be all you need to be running a company from your own home in no time.