A new year and a fresh start. Does that sound familiar to you? Most probably, yes. Many people promise themselves to start something new this year. Most of them just want to eat healthier, exercise more or learn a new language, but some people dream of starting a new business.
If you are one such wanna-be entrepreneur, you better have a pretty solid business idea. Starting your own company may sound really cool, but it’s twice as hard. And if you have no previous experience whatsoever, it’s a better idea to set up a home based business instead of jumping to something bigger.
Here are 6 home based business opportunities that we believe could be very profitable in 2016.
(See also: 8 Creative Home Based Business Opportunities for 2015)
Freelance web design
Websites aren’t cheap. Great websites are expensive. But they bring outstanding results. That’s why the demand is very strong. Web design is a billion dollar industry and if you are good enough, you can take your share in it.
Being a freelance web designer, instead of working for a digital agency, has its pros and cons. The best thing is that you can be independent and take all the profit for you. On the other hand, you have no fixed income and in such a crowded market, finding new clients could be really hard.
Anyways, if designing beautiful websites is what makes you happy, you can try being a freelancer even if it’s only in your free time. You can even use Oxxy to design and manage your clients’ websites. We will be more than happy to assist you on your way to success!
The demand for freelancers is strong not only for web designers but also for other professionals. There are a lot of opportunities for talented writers as well. Many companies don’t have the financial resource to hire a full-time copywriter and are using freelancers for the purpose of producing blog posts, copy for advertising materials, ebooks, tutorials and more.
In the same time, good copywriters earn a pretty solid amount of money. You will be amazed to see how much they charge per hour!
So, if writing is your thing, then go ahead! Make sure to have a good portfolio with your previous work. If you have no experience, you can create a personal website and write some articles there. Your future clients will appreciate that.
Writing could be way more beneficial if you are fluent in one or more foreign languages. Make them rare ones, and you could be earning big bucks. Translators fluent in more than one foreign language are very well paid. You can be translating all kinds of different stuff, such as simple texts or documents, or even books, movies, advertising materials and much more.
If you want to be successful as a freelance translator, you better gain some certifications in the languages you are fluent. They will show potential clients that you are fluent enough. Once you have several happy customers, it will become easier to find new jobs to work on.
It’s also essential to have a website, as most people that need freelance translators are looking for them on the internet.
Starting a home-based bakery business is a good idea for people that are good in cooking. You don’t need to have a restaurant or bakery. You can prepare the food at home and then sell it on local farmer’s markets or directly from your website.
Keep in mind that even at home, local authorities usually require a special permit in order to let you operate a business with food. In really depends on the country you live in, but in most cases you will need to register yourself according to the local laws and have the health agency come and check if your kitchen answers the necessary requirements.
Apart from having to deal quite a lot with the authorities which are a bit slow in many countries, having a home based bakery business could be great as people really like to deal with such small businesses as they usually bring a way more personalized experience.
Are you a beer lover? Do you know that you can make your own beer at home and people will love? Of course, if you want to make this a solid business, you can’t be doing it from home all the time, but as most people that own such microbreweries have started making the beer at home, in the beginning, we decided that it’s good to put this on the list too.
Microbreweries (or also called craft breweries) are small independent breweries that make beer based on a “home” recipe. People are crazy about such beers as they are way different than the regular beer you can find in the supermarket. Craft beers come in many different types and are usually better tasting than the mass produced beer. Microbreweries usually don’t add rice or corn and only use quality ingredients
Handmade jewelry and souvenirs
If you can make beautiful hand-made jewelry and souvenirs, this could be a great home-made business opportunity. You don’t need to open a physical store to sell your products. You can do it directly from your website or on various hand-made markets and festivals that take place throughout the year. You can even find stores that are willing to sell your products. When you become more establish and your profit is strong, you can think of opening a physical store.
People are keen on buying handmade jewelry and souvenirs mainly because they are unique and it is very unlikely that somebody else will have the same.
And no matter what home-based business opportunity you choose, having a website can help you bring valuable customers. Create yours with Oxxy!