I have a friend that is the city manager of a town of about 25,000 where his main task is processing requests for building permits. Actually a volunteer-type job, no salary. But he makes a bunch of contacts every day, and his address book is huge. So he is busy all year except the Holidays. To fill in this time he started a Christmas tree lighting service (houses, lawn ornaments, etc.). In this 3-month period he makes enough to keep him going the rest of the year.
Almost all home businesses should register as a legal business entity, such as a limited liability company (LLC). This would protect a business owner’s personal financial assets if a lawsuit ever occurs against the business. Incfile is an online legal service that assists business owners with registering their company as a legal entity with the state.
Another idea someone could do from home is to start a service or write a software program that scours local ad listings (like craigslist) for a particular used item a person wants to buy. They have services like this for new items, but not used. I know others like me who are keeping their eye out for something used (like a canopy king bed!) but don’t have the time or inclination to search for it every day.
Instagram isn’t the only platform that can make you money. YouTube is becoming a full-time video blogger platform. One of the fastest, most efficient ways to grow an audience is to create a YouTube channel and make engaging videos that provide value to your audience. You can create craft or cooking tutorials, conduct interviews, or use whiteboards videos to teach lessons about a topic.
Successful home business ideas give contractors, freelancers, and entrepreneurs the freedom to control their work, time, and personal growth. Maybe you’d prefer to wake up late and take long lunches, confident in your ability to finish your work on time. Or, maybe you prefer to be your own boss, setting up best practices and ditching those quarterly reviews. Or perhaps, you want to travel or be at home for your family, and you view commuting as a pain.
Of course, I believe that you should start a blog for all the right reasons. My reasons are not to own material possessions or to show off. I don’t need a big house or expensive car. And definitely don’t want expensive clothes. I’d like to buy more time to spend with family and loved ones. To enjoy life’s best experiences with them, and be financially secure to take care of them during rough times. People come before money, and maybe one day I can take a year off like you did.
Many popular businesses, such as Microsoft and Apple, started their journey in a garage. If you have similar aspirations, start the process by learning how to start a small business at home. The process is similar to opening a brick-and-mortar business—sometimes with lower startup costs. Some of the steps are different, such as the need to obtain an at-home business license and learning online marketing.