If a stay-at-home Mum or Dad wants to start a home based business, he/she has plenty of options. The following are some of the business ideas:--
(i) Medical and legal Transcription:-- People who have a good command over the English language and good keyboarding skills, can choose medical or legal transcription as their profession. It requires a very low overhead cost.
(ii) Medical claims billing:-- This is also a lucrative work-from-home business. However, it requires some financial skills.
(iii) Web design:-- If you have the necessary skills to design good quality websites, you can turn it into a lucrative home based business. Though, the investment for necessary hardware and software is high, the returns are good.
(iv) Affiliate marketing:-- Online affiliate marketing programs involve promoting different products on the internet. Generally, you are paid a commission on sales or lead. The biggest advantage of affiliate marketing is that you do not have to physically store any product. The storage, handling and shipping are all handled by the vendor.
(v) Accounting :-- If you possess extensive financial skills and have good knowledge about accounting practices and tax laws, you may offer your services to local small businesses. You may also purchase a tax and accounting franchise for your area.
(vi) Desktop publishing :-- If you have skills in DTP, and create brochures and newsletters, offer your services to different small businesses.
(vii) Computer repair :-- This is also a good home based business. But you must have a thorough knowledge about computer hardware.
(viii) Consulting :-- If you are an expert in some area, offer your consulting services to others.
(ix) Catering :-- If you have a flair for cooking, start a catering business from your home.
(X) Interior design :-- This is also a lucrative work-from-home business for stay-at-home mothers.
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