What Business can I do from Home?

What Business can I do from Home?

Author : Michelle Willliams

What Business can be started from home?

I get dozens of enquiries every week, from women who want to gain more time, money and freedom in their life and want to know how to start a work from home business.   I am often asked, what are the best work from home business ideas and what business can I do from home?

What Business can I do from home?

If you have been followng me for a while, you will know that it is my mission in life to; "Teach busy mums, how to generate a profitable income from home, so they can ditch their 9-5, without the fear, uncertainty and overwhelm".

If you've registered for my Time & Freedom Webinar, you'll know a bit about my story and why this is so important to me.  But to summarise, its because I've been where you are; stuck in a job I hated, struggling to juggle work and family life, wishing I had more time, to spend with the people I love.

For so long, I dreamed of doing something more creative and fullfilling with my life, but I felt trapped by the so called, 'security' of my 9-5 job. But that all changed, when I was suddenly fired from my job for being pregnant. The stress of it all, meant I lost my Baby and my faith in the corporate world.

It was the worst time of my life, but as I look back, I realise that it was the catalyst that I needed to make a big change in my life. It was the rock bottom that I needed to take control of my life and my destiny.  That's when I took the leap of faith, to follow my dream of starting my own Creative Home Business.  

Now, almost 20 years on, I'm in the privilleged position of being able to teach other women, from all around the world, everything I have learned over the past two decades, about starting a successful home business and starting a business from home.

But, back to the original question:  "What Business can I do from home?"  Thankfully today, it is possible for anyone with a laptop and internet connection, to run a business from home, by combining their own specific knowlege, skills and talent, with a market opportunity.

But often, the women that approach me, either don't feel that they have a specific skill or knowledge that they could monetize, or don't know how to monetize it,  or most commonly, are stuck in a job they have no passion for and they want entirely new work from home ideas and inspiration.

So, I'm going to introduce you to what I believe to be the best work from home business ideas and how to start a work from home business. 

Best work from Home Business Ideas

I've been running my own Baby Life Casting Business and Fingerprint Jewellery Business, for almost 20 years and I've helped thousands of women from all over the world to do the same.  Both of these businesses are tried and tested, successful home business ideas, which can easily be run from home.  There are many reasons, why starting a Life Casting Business or Keepsake Jewellery Business from home, is a great home business idea.

Here are a few reasons why I believe, this is one of the best work from home business ideas, for women and stay at home mums.

  • Creative Outlet - It's fun, creative and rewarding, you will have a greater sense of personal satisfaction, reward and accomplishment.
  • Low Overheads - which means lower start up costs and higher profits.
  • Portable  - everything you need is small and portable, can easily be run from your kitchen table, spare room, shed or garage.
  • Flexible - you can run the business from home, around your family committments.
  • Relocatable - This is not a franchise, there are no territory rights or restrictions, so you can take your business with you if you move.
  • Recession Proof - products are in high demand and are recession proof.
  • Personal Feedom - means more time for friends and family - see the kids off to school and be there for them when they return.
  • Less Stress - set your own schedule, work around your family, be there for them when they need you. No more calling in sick when your child is ill.
  • No Work Commute - no more wasted time, stress & expenses on a daily commute.
  • No more Chlld Care Costs - say goodbye to childcare costs and guilt that someone else is spending more time with your kids than you are.
  • Increased Opportunity & Earning Potential - your earning potential is directly proportionate to your efforts.
  • Less Risk - running a business from home requires less start up cash and has fewing operating costs.
  • Tax advantages - you can claim a percentage of your homes operating and depreciation costs on business expenses.
  • Personal Growth & Development - running a business requires you to wear many hats, you will grow and develop personally and professionally.
  • Increased productivity - no commute, no succession of pointless meetings, priortise your own life and work schedule.
  • Control your own Destiny - be the mistress of your own life and destiny.

What Home Business makes the most Money?

Whether you are interested in starting a Life Casting Business or a Keepake Jewellery Business, they both offfer an equally lucrative opportunity to make money from home.  Your earning potential will only be limited by your own personal effort. As with any business, "you only get out, what you put in."  

The great thing about starting a Life Casting Business or a Keepsake Jewellery Business, is the size and the potential of the market-place.  These are both extremely successful home business ideas, which offer great earning potential. The products that you will learn to make on your Keepsake Training, will allow you to offer your products and services, either into the Baby Keepsake Market, or the growing Pet Keepsake market.

If we look purely at the Baby Keepsake Sector, recent research shows us that the size of the Baby market is booming and set to grow further: 

  • 130 million babies are born globally every year
  • 353, 000 babies are born globally every day
  • 255 babies are born every minute

In fact, we have a growing population, which is estimated to reach 10 billion by 2050, so if there's one thing we can be confident of, babies will always be born and they will never go out of fashion. Neither will a parent's desire to capture a priceless memento of their baby, whilst they are still small.  This means that starting a Baby Casting Business or Keepsake Jewellery Business, is not just profitable, but it's also recession proof.

in terms of what you can actually earn from starting a Life Casting Business or Keepsake Jewellery Business, this depends upon your own personal effort and commmittment.  As with any Business, you get out what you put in!  

However, if you would like further advice and guidance on the earning potential of  starting a Life Casting Business or Keepake Jewellery Business, please register for my FREE Online Course where I go into this in fine detail.

How to Start a Work from Home Business?

One of my other most frequently asked questions, is about the practicaliies of how to start a work from home business, so I have put together a quick check-list of things you will need to do:

Check-list for Starting a Work From Home Business:

  • Decide upon your Business's legal structure - will you operate as a sole trader, partnership or limited company?
  • If you are setting up a limited company, you will need to register it with companies house.
  • Most people start their Creative Home Business's as a sole trader.
  • If you wish to operate as a sole trader, you will need to register as Self Employed with HMRC.
  • Obtain any permits or planning permission that you may need from your local authority.
  • Contact your local authority to find out whether you need to pay Business Rates. 
  • Contact HMRC to register for VAT if you expect to have a turnover which exceeds the VAT threshold. 
  • Set up a financial record-keeping system.
  • Put your name on all of your Business stationery, including letters, invoices, receipts and cheques.

I realise that this can be daunting for many women, who are in the early stages of starting a business from home, not knowing what they need to do, when and where they should go for advice.  That's why all of our Life Casting Courses and Keepsake Jewellery Courses, include a Business Start Up Manual and access to my FREE Business Start-up Training Course, where I go into everything you need to know in much more detail.

I hope that this article has provided you with some helpful ideas and inspiration on Work from Home Business ideas and how to start a work from Home Business. However, if you would like any more information, please either download my FREE Guide on Starting a Creative Home Business or register for my FREE Online Course.

Links

http://go.thecraftecademy.co.uk/creative-home-business

http://go.thecraftecademy.co.uk/timeandfreedom