These days, the power of the Internet is incredible. There are loads of moneymaking opportunities right at your fingertips and from the comfort of your own home.
With the new year approaching, perhaps you’re looking to make some extra cash on the side. Or, maybe you’re ready to leave your full-time job and become your own boss for good. Either way, the following ideas can get you started on some online businesses you may consider launching.
1. An education-based business
The saying that you learn something new every day is so true. No matter if someone is 9 years old or 99 years old, there’s always an opportunity to boost one’s knowledge or skillset. So, if you start some type of education-based company online, you can reach a potentially unlimited market of customers around the globe.
Now, education certainly doesn’t just mean learning subjects like math, writing, or science in school. Of course, you could start some type of English language online course that goes through the basics of spelling, grammar, punctuation, and mechanics for young students or those wanting to learn English for the first time. You could also launch an online math tutoring business through which you can use technology to facilitate one-on-one learning.
However, in addition to traditional forms of education, there are thousands of ways you can communicate valuable information of all sorts to all possible audiences. For example, if you excel at playing the guitar or harmonica, you could record tutorial videos of yourself giving e-lessons to those interested in learning to play an instrument. If you’ve mastered the art of crocheting, perhaps you could make how-to videos or written lessons with pictures demonstrating this craft. So, think creatively. Think of your hobbies and interests. There is a good chance something you are passionate about could become a full-fledged, money-making venture for you to do on the side – or even as a full-time career.
2. An online store
Spend some time sifting through the ever-growing pile of items in your closet, garage, car, storage unit, or just around the house. Determine if you can sell some of these items to make some extra money. These could be kids’ toys, gently used clothing, functional electronics, books, supplies, and anything else someone else could benefit from having. Auction sites like eBay and Amazon are good places to start selling these items, or use Craigslist where you can simply list items for regular purchase.
Of course, there are also opportunities to buy and resell various items without ever physically touching your inventory. The key here is to partner with a company that you could, in essence, work on behalf of in order to help sell products.
Finally, if you’re an artist, musician, sculptor, or maker of any goods, simply set up a website that contains an online shopping cart to sell what you create online.
3. A virtual consulting business
Do you have several years of marketing experience? Have you worked in engineering for the past 15 or 20 years? Did you teach elementary school in a previous career you had?
If you’ve got enough knowledge or skill in some kind of trade, you may make an excellent consultant for others who work within a particular industry. Thanks to the backbone of the Internet, a consulting firm can often be fully operational online. Software like Skype and FaceTime can allow you to see your clients and speak with them in real-time. You can also use sites like join.me to share your screen with clients in order to communicate visual information. Or, the old-fashioned way of sending e-mails with attachments, links, and other resources is still handy. The bottom line is that you can easily provide consulting services to others online. And it certainly opens up your market of leads as well to a worldwide audience.
4. A web design, mobile app, or e-marketing company
Since it’s obvious that there are countless ways you can use the Internet to facilitate a home-based business, why not help others do the same thing with their own companies?
Perhaps you are talented at designing websites or mobile apps. Maybe you have lots of experience managing social media pages for companies you’ve been employed by in your career. Put these skills to good use by partnering with small businesses that could use online marketing support. The great thing here is that all of these deliverables can be transmitted to your clients electronically, so you never have to actually meet them in-person.
As you can see, there are endless possibilities when it comes to starting a business online. It doesn’t matter what you’ve done or what kind of education and training you have on your resume. There is likely an avenue for you to be successful at conducting some type of business on the “information superhighway.”
It’s also worth noting that getting paid in your online business is so simple. Whether your clients would mail you a paper check, transfer money through an online bank account, pay by credit or debit card, or use a tool like PayPal, there are just as many payment options as there are online business ideas.
So, why would you not embrace the 21st-century world we are living in to help you make a living from home so that you can do what you love? Time is money, so don’t waste it.
For all of your small business accounting needs, 1-800Accountant is here to help. Learn more by calling 1-800-222-6868 or by visiting www.1-800Accountant.