Top 5 Profitable Home Businesses

Starting your own home business can be scary and often stressful but at the end of the day, it’s rewarding not only financially but emotionally as well. You become your own boss, you get to set your own rules and best of all you get to work from the comfort of your own home, what could be better?

What you need to know before you start though is that some home businesses are more profitable than others and that’s why I wanted to start you thinking about the top 5 profitable home businesses.

Virtual Assistant

This is probably the easiest for people looking to start their own businesses these days. With the rise of bloggers and their need to keep up with everything they have to keep up with, they need some help. If you have any knowledge of social media, writing, or moderating then you can get started right away. All you need to do is build up some clients which you can do by joining VA facebook groups or looking around online and soon enough you’ll have loads of work.

Web Design

This business requires knowledge of design & coding (duh) but don’t worry as long as you a computer savvy there are lots of on-line courses out there and once you’ve gotten the hang of it, you can start turning it into a home business.In the beginning it may be a little rough because you need a solid portfolio, but you can start by offering cheaper packages in return for testimonials. But don’t let that scare you away, in the long run, it’ll very much be worth it. These services are in high demand these days so you’ll always be needed.

Daycare

If babysitting is easy for you and watching kids is something you love to do then opening up an at-home daycare could be ideal for you. (In Australia you can apply to be a Family Day Carer.) Probably one of the easiest home businesses to start, grow your clients by starting with your friends and soon this home business can grow and become very profitable. The best part about this one is that it really doesn’t take much to start and it’ll begin to grow quite fast. Do ensure you check in to your local council to make sure your home complies wityh their regulations & make sure appropriate insurance is in place.

Tutoring

This is great for someone who loves teaching and is an expert on a certain subject or subjects, even if you’re already a teacher and you’re looking to make some extra cash on the side this one would be great for you. Before you get started on the endeavor you’ll most likely need some credentials. So if you’re not already a teacher, you’ll need to look for ways to get some sort of certification to show your abilities.Once that’s done you can choose to offer lessons at your own home, at the homes of your clients (some clients may prefer to have it done at their home) or even virtually. This can be a VERY profitable business as many people expect to pay a decent amount for tutors. Don’t be afraid to set your prices a little high.

Personal Trainer

If you love physical activity/exercising and have the ability to teach others on how to get in shape this is the best profitable home business for you. Now I’m not talking about a Zumba class or open gym at your house, this is more of a one on one thing with your clients. Nowadays people are worried about staying healthy and everyone is looking for a personal trainer so you won’t have to worry about finding clients and that’s what makes this one of the MOST profitable businesses out there. Pick what you’d like to do, there’s yoga, fitness, etc. Then it’s as easy as contacting your local association to get the certifications and licenses you need and viola! You can start searching for your clients.

There are countless types of home businesses you could start, some more profitable than others, these are the top 5 most profitable home businesses out there. Starting a home business only takes one major step and that’s not being afraid to make the jump into it.

Do you know of any other home businesses that you would add to this list? Have you started your own home business? Let me know in the comments!