➤ 👨‍💻Home Business: 10 Ideas to Start a Home Business in 2022 🎮

If you think about starting a business, you probably imagine going to an office and managing some employees. In reality, more and more people prefer to have a home business and are looking for solutions to work remotely.

In today's interconnected world and following the radical changes imposed, technology offers a wide freedom of choice on how and where to work; for this reason there are various possible ways to open a business in your own home.

You may need a room to be used as a warehouse for the products. But it's not essential, as some types of home businesses are entirely manageable online. In principle, to create an online business you just need to take advantage of the space and means you have available.

Index

What is a home based business? pros and cons
Home business ideas
Home businesses, which ones to make?
How to open a business from home
Find the home business idea that's right for you

Start your own home business with resources4gaming today. Try it for free.

What is a home based business? pros and cons

A home business is a business — full-time or as a sideline — that you can start and operate using your home as a base of operations.

For some types of home business it is also possible to work while traveling. In fact, you are not tied to a specific place because these are activities that allow you to sell from home or from any other place you consider as such, without the need to purchase and manage an inventory.

Of course, you need to consider all the pros and cons to determine whether starting a business with no money and large investments in your own home is right for you.

What are the pros of starting your own home business?

Let's see what are the positive aspects of this alternative working method:

Fewer overheads (e.g. warehouse costs) and more tax deductions you can benefit from.
Ability to sell products or services both locally and internationally.
Flexible work-life balance, ideal if you are for example parents or retirees (you can read the article with 9 examples of great entrepreneur dads for inspiration).
Possibility of creating a family business in which your relatives or your spouse can participate if you wish.
Totally eliminated costs, times and stress related to home-office travel.
Feeling of freedom and independence that an employee cannot give.

Open a business in your own home: cons

Now let's see what are the negative aspects of selling from home:

Need to adapt home spaces to the needs of your home business. For example, you may need space to set up a home office, store inventory or work tools. The risk is to upset your private life.
In any case, the need to comply with all the regulations related to the activity to be started. For example, a kitchen and warehouse with certain requirements if you intend to sell food products.
Risk that the space in the house becomes insufficient. You may need to rent additional premises, for example to hire employees.
A home business gives you a lot of freedom, but it can make you suffer from entrepreneur loneliness. This is especially true if you are an extrovert and like being in contact with people.
Running a fully self-employed home-based business also comes with a number of responsibilities that you wouldn't normally have to assume if you're an employee.

Does it seem to you that the pros clearly outweigh the cons and are you interested in continuing on this path? Well, let's see the next aspects to consider.

To learn more:

17 places to look for ecommerce business ideas

Home based business ideas to put into practice today

Once you have carefully examined the pros and cons of the home business, if you have chosen to embark on this adventure, the next step is to try to understand which business may be most suitable for you.

Below, therefore, we offer you 10 ideas for opening a business in your own home

1. Selling bulk products from home

Perhaps on a recent trip abroad you have found unique products, not easily available in the country where you live despite the presence of a substantial market demand. Or maybe you've decided to focus on niche products because you know which ones are perfect to satisfy your audience.

Either way, provided the products are easy enough to store and ship, you might have a great idea on your hands for starting your own home business and earning some extra cash. For example, by doing a quick search on Google Trends we saw that anti-reflective glasses arouse a certain interest over time and in addition they are small in size and quite resistant, therefore suitable for keeping at home.

You can even start using your home as a showroom — as Artemis Design Co. did — to sell locally; this allows you to expand merchandise and employee space only once your idea is validated, when sales start to take off.

I lived in a south Boston neighborhood and had a living room full of these products. I would invite people to come and have a look or try something; and that's how I made my first sale.

Milicent Armstrong, Artemis Design Co.

2. Sell homemade products

If you're a crafter (or know someone who is), consider turning your hobby into a home business. Perhaps you will need a special facility, such as a workshop, commercial kitchen, or shop, to manufacture products. But you may be able to use your home as a warehouse and retail outlet.

Whether you choose to sell on Etsy or build your own branded shop, selling your creations is still a great way to find your passion and share it with others, while also making money. Just pay attention to the regulations on cosmetic and food products if you decide to dive into this field.

Examples of handmade products you can sell include:

Candles
Jewellery
Cosmetics
online art
Foodstuffs
Leatherwear

On the plus side, your own production doesn't have to take too much on you. When you're ready to expand, test a manufacturing process and hire employees to help you out.

3. Start a Dropshipping Home Business

So far, we've looked at home business ideas that require space in your home to store goods. But today it is possible to open a business in your own home without having to think about inventory and shipping.

These businesses use the dropshipping model, in which a third party produces, stores and ships the goods on your behalf. You just have to focus on two aspects: marketing and customer service.

It doesn't matter if the dropshipping supplier you choose is based in Italy or operates from abroad. The important thing is that it is reliable, so as to guarantee customers a great after-sales experience. Always exercise due diligence or risk compromising your corporate reputation.

There are also resources4gaming apps that can connect you with suppliers to import products into your store, making it easier for you to fulfill orders.

Start your own dropshipping online store with resources4gaming today. Try it for free.

Essentially, with dropshipping you become distributors of third-party products, as in the case of these two entrepreneurs who choose China to produce their items. You bear the costs of a good marketing strategy (in terms of time and money) and earn a margin on sales.

It is possible that the products on sale become inflated and offer little opportunity to personalize the customer experience. But fortunately, there are several ways to distinguish yourself from the competition:

Select products from various vendors to create a store that targets a specific niche.
Compete with quality content and customer service that adds value to products.
Reach out to an underserved area of the world. In this case, pay particular attention to shipping costs and consider using epacket shipping to reduce costs and make them faster.
Offer the same products to a new audience. For example, if you sell LED shoes, you can offer them to both music festival attendees and runners.

If you're interested in learning more about starting a dropshipping business, check out our Getting Started Guide to Dropshipping in Italy.

To learn more:

Tried-and-tested email marketing campaigns you can imitate
Ambient marketing: what it is and 5 examples to get inspired
Choosing the right platform for email marketing

4. Sell loungewear

In a previous paragraph we talked about selling homemade clothing but, if you want, if you don't have tailoring skills, you could always choose to buy ready-made products and sell them.

To do this you should contact clothing wholesalers, in this case dropshipping could be the winning choice.

When the volume of work is such that it can no longer be managed within the walls of the house, you will be forced to rent a place to continue your business.

Which is not a bad thing if the amount of work is high, but if you are still in the initial phase where it is no longer manageable to use a room in your apartment, dropshipping could allow you to open ecommerce while continuing to contain expenses.

The market might seem saturated but in reality it is enough to identify the right niche and do the right promotion, a bit like Dolly Noire did.

Furthermore, with dropshipping, based on the agreements you have made with your supplier, you can still create a clothing brand.

5. Sell from home with print on demand

Similar to dropshipping, a print - or print - on demand business relieves you of the burden of inventory and shipping. Printing on demand also gives you more flexibility, because you can personalize white label products with your own design.

With print on demand you can sell home clothing but not only, there is a wide range of products you can sell: books, t-shirts, caps, backpacks, blankets, cushions, mugs, shoes, sweatshirts, phone cases, watches, etc. . A lot depends on the vendor you choose to partner with.

Among print-on-demand businesses, some choose to target a specific niche or audience with a common identity. What are the audience passionate about? What are people proud to share? Also rely on your preferences. From pet owners, to vegans, to gamers… There are several communities with a strong interest that you can create products for.

If you have design skills, you can design your own graphics. Otherwise, nothing prevents you from contacting a designer.

For a complete overview of how print on demand works and how to get started, check out our Print on Demand Guide.

6. Create a home business to sell your service or expertise

Services are easier to sell from home than products. But the real challenge is measuring out time, which is a limited resource.

The saying “time is money” is more than ever appropriate for anyone who runs a service business.

This category includes creative professionals, such as designers or marketers, who work as freelancers or business consultants, dividing themselves among several clients. They often work remotely, from their home office and occasionally travelling. Sometimes they work on the basis of appointments and reservations, offering their services directly to private clients.

Services you can offer through a home business include:

Teaching
Translations
House cleaning
Freelance writing
Personal training
Virtual assistance
Dog-walking
Marketing
Social Media Marketing
Design

If you offer services, to find suitable customers you will have to do networking and rely on referral marketing or word of mouth. And if customers remain satisfied, it is likely that they will continue to contact you over time and give you work.

For this reason, you need fewer customers than a company that sells products. Depending on the service you offer, a few high-value clients can guarantee you the income of a full-time job.

To learn more:

7. Create a home based business producing your service or expertise

So, try turning your service into a product and start viewing from home.

Create digital or physical products that encompass your expertise. Something that is intended to simplify or complement the service you offer. This can add an extra revenue stream to your business.

You can address a need from your existing clientele or perhaps target a new target in the same area.

Here are some ideas for adding products to sell to your service-focused home based business:

Courses
Design
Licensed assets (movies, music, etc.)
Downloadable reports
Digital templates
Merchandising
Ebook

As you can see, these are mostly digital media presented as products. And that means there's no physical inventory to keep in the house.

If you run your home business with resources4gaming, you can easily sell digital products using apps like Digital Downloads or SendOwl.

To learn more:

6 ideas to start selling digital products online
Selling eBooks: How to do it? 6 Useful Sites [Guide 2022]

8. Home business with online trading and social trading

This is a more complex type of business. In order to achieve it, specific skills are required.

Online trading means speculating on the financial markets with the online support of an expert broker. In practice you will have to buy or sell shares based on the indications of your broker.

What was once considered an activity for the few, is now open to everyone through online trading platforms, as long as you have a minimum of knowledge.

Alternatively, you can build this innovative home-based business through social media. Obviously these are not common social networks but sharing platforms where it is possible to carry out social trading or copy trading which consists in "copying" the strategies of the more expert traders.

9. Sell from home by cultivating an audience you can monetize

If the answer to any of these questions is yes, then you can cultivate and then monetize your following through any of the ideas listed above.

Furthermore, you can also consider becoming an affiliate. It's about selling third-party products or services for a commission or charging you to publish sponsored posts, giving brands a chance to connect with your audience.

This activity assumes that as an influencer you have a good following.

Building a loyal audience takes patience, persistence, and determination. Not the easiest way to start a home business and especially not the fastest. But if you're able to build a following around something you love, this can be one of the most fulfilling and long-lasting ventures; and flexible enough to generate multiple revenue streams simultaneously.

The potential to monetize your audience often depends on the industry you choose. If you're trying to build audience trust or are dedicated to growing it, be sure to check out the following guides to best cultivate and monetize your most popular channels:

To learn more:

10. Home business by buying an existing ecommerce business

Last but no less interesting idea: do you want more than anything else to invest in a source of income that you can maintain while working from home or travelling? Then consider buying an established ecommerce business.

Prices can vary widely based on a number of factors, from total income generated, profit potential, available resources (like an email list or social following), inventory, and more. Some salespeople will even give you initial training on how to run the store.

There are several marketplaces for buying and selling ecommerce stores, the most famous being Flippa and MicroAcquire. In the first, you can browse the listings of businesses that fit within your budget and suit your level of experience and your needs, even without registering on the platform. Do you want to buy an established company and are you willing to invest a lot to acquire it? Or maybe you're attracted to an activity with unexplored potential to put to good use?

If, on the other hand, privacy matters more to you, MicroAcquire is in the right marketplace with its totally anonymous formula.

In any case, be sure to check each listing and consider everything that is included in the price. You should check the store's revenue and other data to make sure that the figures given by the seller are accurate.

To learn more:

Ecommerce: what it is, how to open and manage an online store (with practical advice)

Home businesses, which ones to make?

Here is a summary of the 10 home businesses that can be created:

Selling products purchased in bulk from home
Selling homemade products
Start a dropshipping home business
Selling loungewear
Selling from home with print on demand
Create a home business to sell your service or expertise
Create a home based business producing your service or expertise
Business online con il trading online e il social trading
Sell from home while cultivating an audience you can monetize
Home business by buying an existing ecommerce business

How to open a business from home

As we said at the beginning of this article, setting up your own business from home or anywhere else is a big step that offers freedom and many opportunities but also hides pitfalls and responsibilities.

That is why we would like to provide you with some tips on how to start a home business without risk.

1. Study your niche well before starting

The first step to start selling from home is to choose your market niche well. Study carefully, and when you have chosen the market you want to enter, try to get to know your customers, understand what they need and what their tastes and needs are. In this phase, market segmentation can be very useful: a division into groups by age, gender, tastes, interests, geographical areas, etc.

Knowing your audience is the first step to becoming a leader in your niche.

2. Create a website for your home business

Don't think that just because you're doing it at home, yours isn't a real business. Start small but get used to thinking big.

So, choose a nice name and make it a brand, create an ecommerce site, choose a logo, on the internet you will find many logo creator sites. Do everything possible to create an ecommerce that is professional. Resources4gaming can help you a lot in this, which simplifies all the steps without spending a fortune.

The alternative is to sell on online marketplaces which are a sort of large digital market, but in this case your products will have to compete even more with others.

3. Marketing strategies for opening a home business

Just like big companies, even if your business takes place within the walls of your home, you will have to think about marketing strategies.

What the marketplace doesn't allow you to do is build a brand identity. Make your brand recognizable, arouse emotions in people and you will see that, even if your products are not the only ones in your niche, they will be selected by your customers thanks to the good image of your brand.

So implement your marketing strategies, study your customers, competitors and try to do better and before them, finally follow the fashions of the moment.

4. Organize your business from home also for returns and shipments

If you have chosen the dropshipping method then you will have time to dedicate yourself to other things, so commit yourself to offering an impeccable assistance service. Show the seriousness of your business also for returns and opt for serious suppliers so as not to force your customers to wait for the goods for months.

5. Create a business plan for selling from home too

Large companies always draw up a business plan and renew it annually. This document is necessary to evaluate the business project. For example, if you plan to sell home clothing, you will have to think about the feasibility, the costs to be faced, the marketing strategies to be implemented, the choice of suppliers, the shipments.

In short, the business plan includes everything we have said so far in a single document.

6. Start selling from home without fear but with prudence, you will learn along the way

Whatever activity you have in mind, start without fear. Building a home business is not something you can study, you won't find any courses that prepare you for what you will learn along the way. As with any other traditional business, for that matter.

Start without fear but without forgetting that the online world is always full of pitfalls and it is not uncommon for many to stop at the first hitch. So, launch yourself but be cautious and in a short time you will be able to see your business grow.

To learn more:

How to open an online store: complete guide in 10 steps + 9 business ideas for 2022

Find the home business idea that's right for you

In today's world, technology can bridge the gap between you and your suppliers, employees and customers. From this arise the different opportunities that we have presented to you to start a business from home.

In general, opening a home business gives you the opportunity to start without too much effort, grow easily and invest prudently, above all by avoiding the cost of renting an office.

To sell from home you need to focus on your goals, what motivates you and the type of work you enjoy most, as you would with any other type of business. Only in this way can you create the perfect home business for you.