Starting a business in the past for any purpose usually involved renting a large office space, hiring a decent number of staffs, paying for unnecessary regulatory proceedings, and a lot more. Irrespective of whether the businesses started were going to be profitable or not, people had to go through these for anyone to take them serious at all, and not tag them as con-men.
While these fund-wasting processes occurred a lot in the past, it is now increasingly getting easier and more profitable to start a home based business than ever before.
People are now more trusting of what they pay for, even if they haven’t seen the individual or product. They believe that they’ll always get their money’s worth, and that it’s easier and cheaper to deal with businesses that can provide efficient services irrespective of their office locations.
If you’re thinking of starting a home based business but can’t seem to come around picking a great idea, here are profitable home based businesses you can start from your room:
1). Laundry Services:
A laundry service can be started on a small scale from your home. Since a lot of people don’t have the time to do their laundry; especially men, who are largely outrightly lazy when the laundry talk gets started, the opportunities the service provides remains vast.
You can start off in your neighbourhood by letting people know you run a private drop-off laundry service. To make your offer more appealing, you could make your dry cleaning prices cheaper than other dry cleaners in the neighbourhood, so you can quickly take a good part of the market.
2). Photography:
Photography is one profession you don’t entirely need to start up from a studio. The freelance photography industry is so large that a lot of individuals especially students are playing a major role in it.
Some of these photographers are into food photography, newborn photography, wedding photography, family photography, landscape photography, and a lot more, but promote their service through their photography blogs, showing the quality of work they’re capable of.
While some of these aspects of photography may at some point require you own a standard photography studio, some professional photographers don’t, but rather take public stock photos for sale on stock photography websites.
For every time someone buys a photo they uploaded, they get paid. Their sales could also grow to as high as $1,000 to $5,000 a month, depending on the quality of the photos, the emotional connection people have to it, and how it meets a lot of buyers needs.
Some stock photography sites to sell your photos are DepositPhotos, DreamsTime, Shutterstock, and several others.
3). Transport Management:
People venturing into the transport leasing business always experience a lot of problems tracking their drivers, ensuring they pay up on a regular basis, and holding them accountable for actions they take that can be detrimental to the vehicles or motorcycles they’re using.
You can take this stress off these car owners by running a transport management business. Here, you’ll not only hire better riders and drivers for your clients, but you’d also manage them, ensure your client deliverables are always on time, and also offer a transportation management system for them to monitor their vehicles through.
The client ultimately pays per vehicle managed, and if you can manage 100 different vehicles a month, at say, 10,000 Naira monthly, you can earn 1,000,000 Naira recurrently every month.
4). Event Planning:
The event planning industry in Nigeria is an extremely large one. Every day, an event is happening somewhere in the country with a sizeable number of people present. To setup and execute a standard event usually takes a lot to achieve, and so, people tend to require the services of an experienced event planner (or party planner) with a good track record.
You can venture into this industry by playing a vital role in corporate event planning, wedding event planning, and several other key event planning categories.
5). On-Demand Food Delivery Service:
The food delivery industry in Nigeria, although new, has kicked off to a great extent. While many are focusing on delivering items ordered from various restaurants, a void has been left in the corporate on-demand food delivery sector.
What largely happens here is instead of people having to head out for lunch on a daily basis, you could offer your services to various companies telling them you can always deliver their lunch packs straight to them every day at a stipulated time.
To make this service worthwhile, you’d have to offer rich meals that are far better and cheaper than what is sold in fast-food restaurants, and ensure you always deliver on time, every time.
For every satisfied organisation, you move on to the next and the next, till you have a wide network of companies you deliver luncheons to everyday.
A local food delivery service is one home based business that can be done without renting a standard office space.
Check in again to get the full list tomorrow.
Post Credit: Stan Edom
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