Work-at-home businesses are growing faster than any other type of business today. It is estimated that over 50% of all businesses are now started in the home. Through research and the personal experience of business owners, we have learned the best and most successful opportunities that can be started immediately and also provide the best results financially.
Accounting
Accountants and bookkeepers main duties are to perform the record keeping for small and large businesses. Accountants are very important because they keep companies running smoothly. Tax laws are constantly changing and it’s very difficult to keep track of all the new amendments and adjustments. For this reason, accountants and bookkeepers are always in high demand and can make over $65,000 within their first year.
Clerical
Clerical workers can be located in every industry. From data entry and customer service to transcription and word processing, administrative assistants are needed in every occupation. Since clerical workers can perform a range of jobs, they can market their services in more than one area unlike other businesses that only cater to a specific service like accounting or medical billing. Most people who work from home, come from clerical backgrounds and have a lot of experience in an office setting. The demand for administrative assistants is high and they can make more than $45,000 within their first year.
Gift Baskets
Selling gift baskets is a popular business idea because they can include many different items and products in one package. Gift baskets can be made for any occasion or holiday. The products can be purchased wholesale and sold at a cost decided upon by the proprietor. The growing potential for the business is great and unlimited and people can make between $20,000 to $35,000 in the first year depending on how good the product is and the competitiveness of the pricing.
Greeting Cards
Writers can start a successful business writing for greeting card companies and also creating their own greeting cards. Most people already have what is needed to get started so the cost is very low with the highest expense being printer ink. Although the earning potential is lower compared to other home businesses, there is still a way to make hundreds of dollars a week by simply writing a few sentences.
Medical Claims Processing
Medical claims processing is one of the most popular businesses that can be done at home. Also known as medical billing and medical coding, medical claims processors process claims for hospitals and doctors by mail or electronically. Medical billing software is required to get started and at least 2 years of experience in medical claims is recommended. People can easily earn between $38,000 to $52,000 a year to start by soliciting local health providers.
Starting a business from home can eliminate over 80% of the cost of setting up a business. Many of the things that cost the most money like office space, storage and equipment is not required because your home and existing equipment can be used instead. The biggest business expenditure is medical insurance and other benefits that have to be obtained by the business owner. There are literally hundreds of work-at-home business opportunities that can be started in a short amount of time and also turn a profit quickly.
As your business grows, it is important that you make the necessary legal considerations. After all, you wouldn’t want to go through with the process of naming, branding, and advertising your business, only to find out that another company has already done something similar. Therefore, it is a good idea to trademark your business name, logo, and slogan, since this ensures that these things become your property and stay that way. There is a federal database of things that have already been trademarked and by adding yourself to this list, you can protect your brand nationwide.