5 Work-From-Home Business Ideas to Inspire You Right Now
Have you ever thought of launching your own business? If so, this past year may have you thinking twice, as the brick-and-mortar business model has struggled to maintain its footing in the wake of the COVID-19 pandemic. Although some businesses may still require a physical location, many others can be launched and run from the comfort of your home.
Thanks to today's technology, it's never been easier to explore work-from-home business ideas or to manage them using small business financial management tools. At the same time, over the past year, the world has changed dramatically in response to the pandemic. Consumption patterns are among the most affected behaviors of all. People are staying home and buying the goods and the services they need online. So, now might be the perfect time to get started on your entrepreneurial dreams.
As long as you have a laptop with a webcam, online access, some basic technical skills and determination, you can set up your own home-based business. Use these five work-from-home business ideas as inspiration for your own new venture.
1 Freelance writing
Freelance writing is one of the best work-from-home business ideas for anyone with strong writing skills. As more people consume information online, the demand for experts in all areas has increased.
Whether you write about topics covered during your career or you prefer to delve into writing about a hobby or pastime, online freelance writing suits aspiring business owners who are comfortable sharing their ideas through written words.
Online freelance writing suits a work-at-home remote business because it can be done at any time and from any place offering internet access. Get started by creating an online portfolio, or launch a website with a blog to share your writing samples.
2 Software development
More people working from home, homeschooling, shopping and doing just about everything online means there's an increased demand for software. If you have a background or interest in software development, now's the time to go out on your own and launch your business.
Like freelance writing, software development work can be done from anywhere with online access. Programs such as Zoom, Slack, Asana, Airtable or Trello support online meetings and project collaboration.
3 Web design
Have you always wanted to capitalize on your talent for graphics? If so, this item on the work-from-home business ideas list could be right for you.
More online businesses mean more websites requiring user-friendly web design. As competition for online customers grows stiffer, user experience, site speed and appearance become more important than ever before, and online business owners need web design talent to keep them ahead of their competitors.
Launching a home-based web design business suits people with a talent for technology and graphic design. You'll find many free resources online to help you get started.
4 Translation services
Are you fluent in a language other than English? If so, one of the best work-from-home businesses in 2021 could be offering translation services to other online businesses.
As the world becomes smaller, the ability to communicate in more than one language has become an important asset. Still, not everyone has the time to learn another language in order to offer their goods or services in a second or third language.
This home-based business idea suits anyone comfortable using a laptop, video software or microphone who can speak, read and write fluently in a second language.
5 Online tutoring
During the past year, online learning has exploded—and not just for school-aged and post-secondary students. Lockdowns worldwide have people searching for at-home activities to keep their minds engaged. If you have passion or expertise in a certain area, online tutoring could be right for you.
Online tutoring as a business best suits people with strong teaching skills, possibly retired teachers or instructors with a designation or credential in the field they plan to work in. You should be a strong verbal communicator and comfortable with online video technology.
It's time to get digital
Although consumerism was shifting toward digital channels and online business prior to 2020, the pandemic has accelerated that movement. That means consumers are more open to buying goods and services through online channels. So, now may be one of the best times ever to take action and capitalize on that shift.
If you're considering starting a business, make sure your offerings are tailored to the new needs and expectations of your prospective clientele. With the right business strategy, your new venture could provide a comfortable full or part-time income stream right from your own home.
Financial insights for your business
This information is provided for educational purposes only and should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. First Citizens Bank (or its affiliates) neither endorses nor guarantees this information, and encourages you to consult a professional for advice applicable to your specific situation.