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Roslyn Lash, The Money Elevation Coach
Roslyn Lash, The Money Elevation Coach

Work From Home With These Unique Business Ideas

by James Hall

Work-from-home jobs can be extremely beneficial for parents, as they provide flexibility and the opportunity to spend more time with the kids. When it comes to the type of jobs available, however, it’s important to make sure you choose an option that truly fits your needs. For instance, starting a home-based business is simpler than ever these days, but it should match the amount of time you have to put into it. E-commerce can be lucrative, but it requires a lot of hours and energy to manage sales, marketing, and shipping products. 

For some, there are better options that still allow them to work from the comfort of their own homes, from working with animals to becoming a virtual assistant. Here are a few work-from-home options that don’t require an e-commerce store and tips on how to get started.

Consider Your Existing Skills

When creating a business of any kind, it’s important to think about the skills you already have and how to put them to good use. Talented at playing the piano? Consider giving lessons online. If you’re a very organized person who loves managing tasks, you would make a perfect virtual assistant. Do you have experience in the business world? You might become a coach who helps other business owners work toward their goals. These are all ideas that can be built upon from home, as long as you have a stellar web presence. You’ll also want to create a home office or workspace that allows you to have privacy when you need it and provides a professional setup for video calls.

Work Up a Business Plan

Once you’ve brainstormed a bit and have your ideas nailed down, it’s essential to start working on a business plan. This is a guide that will help you detail the way your business will function, including where you’ll operate, how much funding you’ll need, and exactly how you’ll be selling your services. A good business plan will show investors and lenders your needs while allowing you to set up operations and prepare for growth. 

You will also want to set up a dedicated business bank account so that you can keep your business finances separate from your personal ones. Choose one with robust online options so you can keep tabs on your balance and create personalized reports for your clients and investors. 

Create Marketing Materials

Ready to start getting new clients? It’s crucial to learn how to advertise your services in a professional way, whether you’re marketing on social media or through more traditional methods. Not only does this show potential customers what they can expect, but it also provides credibility to your business and gives them peace of mind that you’re an established pro. Having a great logo can also go a long way toward representing your brand.

You may find that a degree in business or marketing is helpful in establishing your new endeavor. A bachelor’s or a master’s degree in business can give you additional insight into how to run your business and present your ideas to potential investors. And online programs allow you to fit higher education into your current schedule.

Make Your Schedule Work for You

Once you start building up your client list, it will be difficult to make changes to your schedule, so it’s important to begin with a routine that works for your needs. As a stay-at-home parent, you may require some flexibility in the morning hours if that’s the busiest time in your household. If your kids are in school, you might want more free time in the afternoon. Starting off with a good schedule can be extremely helpful in reducing stress and allowing you to focus on all the tasks at hand.

Starting your own home based business can be daunting at first, but with a solid plan in place, you can get organized and turn a simple idea into a lucrative career. Take a look at your skill set and choose an option that’s right for you.

There are many ways to create wealth and financial stability. If you need guidance regarding finances or budgeting for your personal or business finances, contact Roslyn Lash, the Money Elevation Coach.