4 Companies You Can Start in Your Own Home

Dixie Somers

May 10, 2016

	Not rated
	Rate:

Starting your own small business is a great way to jump out of the corporate grind, set your own hours and do the work you enjoy the most. Whether you're fresh out of college or have been clocking in 60-hour weeks for years, the draw to open a small business can be huge. If you're considering opening a business from home, here are four excellent options that can grow into a lucrative income.

Freelance Writing

If you enjoy writing and have a god grasp of grammar, a small freelance writing business can be run right from your personal laptop. There are virtually no overhead costs other than electricity and Internet access. Content mills, gallery sites and print media are all good places to start. As you grow your client list, you can decide to take a chance on that novel or coffee table book you've always wanted to produce.

Hand-Made Goods

Anyone can walk into a Walmart and purchase a machine-made quilt, but plenty of moms would like a quilt made from their child's baby clothes. The same can be said for hand-made decorative items, bath items, jewelry, and furniture. All of these items can be made with personal touches to which mass-produced items simply can't compare. If you like working with your hands, creating one-of-a-kind items may be your path to entrepreneurship.

Catering

Those who enjoy cooking may like to open a small catering business. While you likely won't be catering for 500-guest weddings right away, there is a much-needed niche market for those who can cater small events without offering bland food. If you have a background in ethnic food or specialize in home-style cooking like Grandma used to make, all the better. Starting a catering company can come with some overhead costs as most people don’t already have chafing dishes just lying around the house. However, using budget-friendly suppliers like Budget Restaurant Supply can help keep those costs down.

Tailoring

In decades past, nearly every small town had a tailor. In today's disposable society, tailoring has almost gone the way of shoe repair shops. With that being said, there are some clothing items that take a lot of talent and skill to tailor successfully. Those with the skills to do so can earn a lucrative income. If you know how to alter wedding dresses, tuxedos, suits, corsetry or other high-value items, your skills could earn you a handsome income from home.

Launching your own business from home is a great way to set your own hours and live by your own rules. If you're looking for an option that can utilize your skills and talents, one of the above options may be the perfect route to take on your entrepreneurial journey.