Business ideas Getting Started

4 Business Ideas to Start at Home in 2020

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Working from home is probably one of the most used terms this year due to the COVID-19 pandemic. Home working may have once seemed like a distant fantasy, but whether you have lost your job due to the pandemic, or you are looking for a great business idea or an additional source of income, it is very much possible to work from home.

There are about 15 million home-based businesses in the United States alone, and if you want to try one out for yourself, check out these business ideas below for some inspiration.

1. Teach an Online Class

You can find everything and everyone online these days, and if you have the knowledge or expertise in a particular field, you can pass it on to others through paid virtual classes. Like any other business, you will need to identify your target audience, and you can find them based on the subject you wish to teach. There are many training platforms available to you; all you have to do is select the ones that come highly recommended and generally have positive reviews. Once you have identified your niche, you can advertise your services offering live teaching sessions or webinars.

2. Fashion

Perhaps you have an eye for design and fashion, and you can create stunning bespoke pieces that everyone around you seems to admire. Why not turn that into a business? Many people are looking for unique statement pieces that let them stand out from the crowd. There are many options available. You can make dresses, statement jewellery (bracelets, rings, and earrings), design and sell custom tshirts, and many others. Alternatively, you can search for ready-made clothes, whether current or vintage and resell to others online. Check out thrift shops for bargain prices.

3. Web Design

Web designing takes years to master, so if you have that skill already, then you are in luck! Many companies are moving online and are always looking for qualified design experts to create visually stunning website pages to attract visitors. Like all other businesses, you might need some up-front capital to purchase essential tools such as software programs. Remember that there are many web designers, so you need to offer something that lets you stand out.

4. Podcasting

Starting a podcast might not yield you a lot of money right at the start. Nonetheless, it is still a business idea worth considering. Currently, 50% of American households listen to podcasts. If you want to make good money from your podcast, there are several things you need to do. First of all, find a topic in which you are well-versed; that will draw listeners in and encourage them to participate. The higher your listenership and engagement grows, the more business offers you will receive. The average podcast with 10,000 downloads per episode can make between $500-$900 in affiliate sales.

The time for ‘working from home’ has arrived and could well be here to stay, therefore you should take advantage of it if you wish to do so. As long as you have the right attitude, any of these business ideas can become successful ventures.

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