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Small Business Ideas At Home Philippines
If you are planning to start a business, you may start thinking about things like renting commercial space, moving into an office, or managing staff.
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But with the rise of home businesses, more and more people are finding ways to use telecommuting to pursue entrepreneurship with their home businesses.
In today’s interconnected world, where technology gives us more flexibility in how and where we work, home businesses come in many forms.
Some require you to turn a spare room into a mini-warehouse for goods, while others can be run entirely online. But in general, you can start these types of businesses using your existing space and equipment. You can also check out our guide to making money online to explore more options.
A home business is a venture – whether full-time or run as a side hustle – that you can start and run using your own home as a base of operations. Some home businesses, especially those that sell online and don’t buy and don’t carry a lot of inventory, can even be run on the go without having to be confined to your home.
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Of course, there are pros and cons to consider when deciding whether a home business is right for you.
To help you find inspiration to get started, we’ve compiled a list of 100+ in-demand business ideas, divided into categories like fitness, apparel, and games.
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While there are many ways to start a home business, the following are some of the most cost-effective ways to create a home business for yourself:
Many companies focus on the simple idea of importing products in bulk and selling them individually at a profit.
Perhaps you have recently traveled abroad and found unique products that are not available in your market, but that you have an appetite for. Or maybe you’ve zeroed in on a niche market and know the perfect way to serve it.
Either way, if these products are relatively easy to store and ship, you may have some solid home business ideas.
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You may even initially use your home as a showroom to sell locally, giving you the ability to expand with additional storage space and staff as you validate your concept and sales begin to pick up. Thus, Artemis Design Co. it started
“I lived in the south end of Boston and had my living room full of these products. I would invite people if they wanted to see or experience something and that’s how I made my first sale.” Millicent Armstrong, Artemis Design Co. 2. Sell homemade products
If you are also a breeder (or know someone who is), consider turning this hobby into a business. Even if you have to make your products elsewhere – in a studio, commercial kitchen or workshop – you can store and sell them in your own home.
When you have the ability to control almost every aspect of the products you sell, you can make them more affordable, improve their quality, or cater to a specific audience by targeting market demand.
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Josh Pigford already had a thriving home business at a corporate analytics firm, but he wanted to find a way to tap into his creativity. He started printing pots of succulents at home with his 3D printer – and a business was born. Cedar & Sail now has vases, glass tables and other small table tops.
Whether you choose to start on a marketplace like Etsy or create your own brand, it’s a great way to share your passion with others and make money too. Just be careful with the rules regarding products that customers consume or apply to their skin.
Best of all, making your own products doesn’t have to be complicated. When you’re ready to expand, you can establish a process and bring in new workers to help with production.
So far, we’ve covered business ideas that require you to keep inventory in your home. But there are a number of online business ideas to pursue that don’t involve worrying about inventory and shipping.
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These companies use a dropshipping model, where a third party manufactures, stores and ships your products on your behalf, leaving your primary responsibility for marketing and customer service.
Children’s brand Finer & Dandy is an example of a home business that uses a dropshipper. Founder Courtney White started the company looking for a way to make money online without spending a lot of time servicing customers. That’s when she discovered dropshipping. Now she wakes up at 4am every morning to run her dropshipping business before going to her day job.
Your dropshipping supplier can be domestic or overseas, but you need to ensure that you find a supplier that you can trust to consistently deliver a great customer experience after the sale. Always do your due diligence or you could be putting your company’s reputation at risk.
There are even apps, like Oberlo, that can connect you with suppliers to import products into your own store and simplify order fulfillment.
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At its core, dropshipping involves becoming a third-party distributor of products, taking on the costs (both financial and time) of marketing in order to be rewarded with a profit margin when you sell. In many cases, this can make your products a product with limited potential to brand the customer experience. Fortunately, there are several different ways you can still compete even if there is no shortage of your products in the market you are selling to:
If you are interested in learning more about starting a dropshipping business, check out the definitive guide to dropshipping.
Using a similar dropshipping model, a printing company doesn’t require you to keep any inventory or ship anything yourself. Print on demand even gives you more flexibility to customize white label products with your own creative designs.
Rebecca Lee Funk launched The Outrage, a feminist clothing label that sells custom t-shirt designs from her home. The company donates a portion of profits to Planned Parenthood on behalf of Donald Trump. Its launch campaign went viral and The Outrage grew into a thriving e-commerce business.
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There are many other in-demand products you can sell: books, hats, backpacks, blankets, pillows, mugs, shoes, hoodies, phone cases, watches, and more, depending on the retailer you choose to work with.
Many printing companies focus on serving a certain niche or, better, a collective identity. What are people passionate about and proud to share? And you? From pet owners to vegans to gamers, there are many passionate communities you can create products for.
If you have design skills, you can create your own designs. But if not, you can always hire the skills you need.
For a detailed explanation of how print on demand works and how you can get started, be sure to take our video course within the Academy.
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Services are even simpler than products to start selling from home, but the challenge is allocating limited time. “Time is money” is never truer than when running a service business.
Creative professionals such as designers or marketers may work as freelancers or consult with other companies, dealing with multiple clients, often away from their own home office with occasional travel. Others may work by appointment and schedule to offer their services directly to individuals.
Service-based businesses often require extensive networking and word-of-mouth referrals to find relevant clients, but satisfied clients are likely to retain their services over time.
For this reason, you don’t necessarily need a large number of customers to do well, as you would with a product-based business. Depending on the service you’re offering, a handful of high-quality clients might be enough to keep you full-time while working from home.
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Chris Carey, one of the founders of MAPerformance, started his auto parts and service business in his home. He began by teaching Internet users tips on car maintenance and repair on forums. After creating awareness and trust, people started coming to his e-commerce site to buy spare parts.
If you have a skill that you can learn, not only can you share that knowledge on forums to get your name out there, but you can also turn it into an online course. There’s an audience for just about any desirable skill, whether it’s English as a second language, advanced marketing, or day-to-day home maintenance.
If I Made is Emily Newman’s home business teaching creative professionals. By teaching a course online, you not only have the flexibility to do it at home, but you can also choose to offer live or pre-recorded lessons and training. For example, you can offer