Best 5 Home based Business Ideas

Most of us prefers to stay at home,and earn money by doing home based businesses.
There are a lot of opportunities  around us...
Home based business start up should be in a small scale.
In most of the countries,there are procedures to start a home based small scale business.

These are the steps that should be followed while planing to start a business especially home based small scale business

Step 1: Do research as much as possible

The research should be done to study about the market opportunities of your product.
This will help you to improve your business and even you can decide the marketing strategy
  through which the product can get maximum  number of sales.

Step 2: Make a Plan. ...
Planing of capital how much you can invest in your business.

Step 3: Plan Your Finances. ...
The source of your capital should be decided.

Step 4: Choose a Business Structure. ...
choosing a good business structure will help you to have a harmonious relation with your subordinates and your employees

Step 5: Pick and Register Your Business Name. ...

A suitable name should be chosen for your business.It should be related to your field.For ex.If you are chosing home based baking industry
Angel cakes n bakes..etc name of such should be chosen

Step 6: Get Licenses and Permits. ...

This step is an important have to get all licenses and permits to start it.
this procedure differs from one place to another.

Step 7: Choose Your Accounting System. ...

this steps helps to choose a good accounting system to record all financial transactions.

Step 8: Set Up Your Business Location.

A suitable place should be chosen to fix a location for your  business.
Step 9
plan your team

this is an important step that determines the human resource of your industry

Step 10: Promote your business
the best promotion of your business is the word of  experience that a customer shares  to others.
Now a days there are provisions to do promotion through social media,website etc

Cloth bags making business

 making your own bag is a great way to save money and recycle.there are lot of opportunity in this industry as now a days environmental safe products.
It needs its machinery of low capital to start the business.

 Home based  baking business

For starting cake business,first you  have to learn cake baking.even you can bake doughnuts,cookies
even chocolate making business are of great scope.

Candle making

We can make candles of variety of shapes,sizes and colors.There are different types of candles available in market .example: perfumed candles

Pet animal,food and their accessories  sales

Everyone like pets  as a good companion of their life.To do this business,you should have a passion  towards pet animals.
The customers will be of all age groups but mostly will be children.If you work hard(Like cage cleaning,taking care of pet animals ,providing good food and medicines),you will get a good income
 through this business.

Food products sales

through this business you can make pickles and snacks  like samosa,cutlets,chips,puffs.....etc and sell it to shops etc.


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