If you are good at baking cake, bread or donuts, you will not only gain satisfaction, you can turn it into a money making venture. This is among small business ideas one can start as home based business. There is growing need for baked products. Many people like eating freshly baked food but in actual fact, many of them don’t know how or have time to bake it. Baking is one of the small business ideas you can start with low investment capital. You don’t need extra capital to rent a space. It is flexible enough. However, except you already have the equipment needed for your new business idea, you will need to buy appliances like ovens, refrigerators, pans and other utensils. You can decide to run it as a counter service bakery where individuals can walk in and pick baked products. Alternatively, you can make it a specialty service. In this case, you need to specialise on a particular kind of baked product. If you can establish yourself as a specialty, people and bigger eateries will start contacting you for business. As your baking business begins to grow, you will need to start producing in larger quantity. If you want to sustain the growth, it is advisable that you don’t compromise on quality. Also, getting adequate feedback from your customers will help you ensure that you are meeting their needs. As long as you maintain the quality of your products, people will continue to patronize you. Baking requires a lot of time both in production and marketing. Therefore, you need to know the right time you need to hire a staff to assist you. We classify baking among home based small business ideas for women.
Bead is considered as essential part of dressing for many women nowadays. Beads come in different shapes, styles and colour. It can be worn as casuals. But in most cases, women wear beads on special days or special occasion such as wedding, burial, birthday and other special ceremonies. If you are good at beading, then it can be top of the small business ideas to consider. Even if you don’t know how to make beads, you can easily learn it. The most important thing is your passion for it. If you are very good, the market is there for you. However, marketing is a critical factor when it comes to bead business. You need to explore different media to create awareness about your new business idea. Your first target will be your friends, colleagues and relatives. You can easily reach this people by words of mouth or through your Facebook page. You may need to create a website through which you can showcase your creative works. You can place advert either online or on newspapers and use it to direct people to your website. Setting up booths at arts and crafts fairs is another way of creating awareness about small business. You can also sell your beads on Etsy. Don’t forget that your main targets are women. Women like wearing beads that match their clothes. Every time a woman buys a new dress, she likes to have a bead that goes with it. This means that you can enjoy repeat customers and referrals. Bead making can be operated as a home business. Bead making also falls among home based small business ideas for women. It is a popular start up business in India as bead is part of their dress. If you want to check out what others are doing or you need inspiration about the type of bead to produce, you can visit the websites of your competitors..
Are you interested in online business ideas? Are you talented in a particular area? Do you like sharing knowledge with others? Can you write very well? If your answer is yes, you can begin blogging your way to the bank. Therefore, if you are thinking of lucrative small business ideas, I will suggest you first sit down and think inward because within you may be lying new business ideas that can transform your life. Identify your talent and turn it into a blog. Focus on a particular niche of interest to you and grow to become an expert. It is important that your niche marches your passion, talents and skill. Otherwise, you will soon become bored blogging. You may ask, how then do you make money by blogging? You make money by monetizing the blog. You can sell affiliate products or market your own information resources on your blogs. However, before youn can really make money blogging, you need to have tons of visitors coming to your blog every month. One way you can ensure that visitors to your blog return is by having a signing up banner on your blog. Having a sign up banner does not guarantee that people will be willing to sign up. You may need to offer them freebies or incentives to do this. You can be sending newsletters to people on your list. These people are potential buyers of your products.
Why blogging? Blogging is one of the home business ideas you can start with no or little capital. There are free hosted platforms you can use for your blog. But if you are actually serious about blogging, it is advisable to go for self hosted platform like WordPress. Whether you are in USA, UK, India, Hindi, Philippines or in any African countries looking for online business ideas, you can consider blogging at it cuts across the globe. If you have access to a laptop with internet access, you can blog. Blogging is still among the relatively new business ideas in Africa, But in America, it is one of the most popular and best online business ideas. Some people can testify that blogging is one of the lucrative online small business ideas available on the internet. The truth is that there is no amount that you cannot make with blogging. Some people make just $1,000 while some people earn above $10,000 per month. Some are in the realm of $50,000 per month. Can you see that blogging is actually a big business? The beauty of this business idea is that you can start it as a side business. If you take it seriously, the side income you will be earning from blogging may soon outweigh your regular monthly pay checks. If you want to start your own blog, it is not as difficult as you think.
There are several small businesses around our locality. If you have bookkeeping and accounting skills, you may not need to seek 9 – 5 pm job. Instead, you can outsource your bookkeeping service to small businesses that possibly cannot afford to hire full bookkeeper. By doing this, you will be able to serve many clients and earn more. You also enjoy flexibility. Before starting seeking for a job that doesn’t exist, I will advise that you think of small business ideas which you can translate into a business. If you are looking for a good business to start, bookkeeping service is one of the best small business ideas you can start with low investment. It can generate high profit margin because the overheads are generally low. You don’t need an office to start bookkeeping business. You can easily run the business from home. Most of the meetings you will have will be in the client’s office. To start bookkeeping service, you need to have accounting knowledge. You need a laptop and printer. You need skilled in Microsoft Excel and Word. If you don’t want to keep a manual accounting system, you will need to buy and install small business accounting software on your laptop. With this, you can easily keep tracks of income and expenses for your clients’ businesses. Also, you will be able to generate different reports for your clients with ease. This start up business idea may require certification in some countries.
You need to be good at networking for you to secure clients. You can meet clients at workshops and symposia. Therefore you need to always arm yourself with your business cards. You will be able to grow your clientele base through referrals.