Most profitable home business ideas

Written by nicole ayers
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Most profitable home business ideas
Find the most profitable home business ideas that match your interests. (cash out image by elke peterson from Fotolia.com)

Many small business ideas allow men and women to work from home with ease. Choosing a home business that matches your interests and skills is necessary to increase career satisfaction. Cash flow projections are also important to determine if the start-up and operating expenses are more than your earnings. Advance planning and evaluations can help you learn what the most profitable home business ideas are in various industries.

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Recycled Goods

Old and used merchandise can be used to start a profitable home business. Make furniture, clothing, accessories and decorative products using recycled materials from around your home. Some of the most versatile materials that you can use for a profitable home business include wood, linens, plastic and paper products. Additional materials can be found at flea markets, thrift stores and in your natural environment. Sell your wares through online auctions, classified ads and craft fairs. Some towns feature art districts consisting of galleries that host open-house events on the first Friday of every month. Apply to be a featured artist at one of these venues to showcase your merchandise. Low overhead makes recycled goods one of the most profitable home business ideas.

Pet Sitter

Basic knowledge of animal care solutions can help you start a pet sitting business. Post classified ads in your local newspaper offering to feed, walk, transport and entertain pets. Ask all current clients to refer your services to other pet owners in their social circle. You can also build partnerships with local veterinarians to obtain new clients. Pet sitting can be one of the most profitable home business ideas if you care for multiple animals at once. Charge clients hourly rates and negotiate multiple-day fees for pet owners who have extended travel plans.

Home Inventory Service

Business cards, one digital camera and a computer are the only basic tools necessary to start your own home inventory business. You are required to document a homeowner's possessions for safekeeping and insurance claims in case of robbery, building damage or natural disasters. The documents will include a detailed description of all possessions that are important to your client on printed or written sheets of paper along with photos for reference. Clients can be charged by the hour or room, depending on the complexity of each home inventory assignment.

Personal Errand Services

Offer to complete errands for working adults and disabled citizens in exchange for money. Errand services are one of the most profitable home business ideas because of their personalised nature. As an errand service provider, you will complete basic tasks that your clients either cannot or will not perform. Typical errands include deliveries, grocery shopping, post office mailings, package handling and laundry pickup. Clients may also ask you to arrange travel plans, meetings, appointments and related tasks depending on your skills and available services.

Invest in a reliable cell phone, computer with Internet access and car before you choose to provide errand services as a home business owner. The rates charged for errand services vary throughout this industry. The ability to set and reach your own annual earnings goal is one of the advantages of operating a personal errand service. You can charge clients a flat per-hour rate, set fees for individual errands, offer packages for a certain amount of errand requests, or all of the above.

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