WFH(Work From Home) is prevalent in job descriptions across many industries today. There are many forces at play driving this trend, including startup or millennial culture, the need for a flexible work environment, desire and ability to access talent despite geographic limitations, and technology (the internet) that enables people to stay connected no matter where they are.
Regardless of the factors, work from home has benefited both employers and employees alike.
For employees, the benefits range from the ability to spend more time with family at home or travel more frequently to finding more bite-sized gigs that suit their unique needs/conditions.
For companies, they are now able to access a wider talent pool to hire the best, most economically suitable candidates. They also can package the role (permanent, temp, contract, etc.) and its scope of responsibilities more precisely than before.
So what does this mean in terms of job or entrepreneurial opportunities?
The following is a simple guide to help you take advantage of today’s WFH boom and build a successful venture without a physical office.
Why are Home-Based Jobs on the Rise?
As mentioned earlier, the internet is a major reason for this rise. Having a virtual portable office is quite enticing.
Furthermore, the introduction of cloud-based programs has given people the opportunity to work alongside others remotely. This has definitely changed things around for people who want to start a business they can do online.
The rise in digital payments has also made this a lot easier. There are many low-cost ways to send and receive money. That negative connotation linked to people who work from home is disappearing simply because this way of life is becoming the norm.
What Kind of Businesses Could You Start?
One thing that may cause you to worry about starting a home-based business is trying to figure out what you can do from home. The truth is there really is a lot you can do from home with the internet’s help. The following are just a few ideas to help boil down your choices:
Taking care of others is a booming business that you can go through the net. With the rise of on-demand hiring platforms that connect clients with sitters and caretakers, there is a wide range of caretaking opportunities you can sign up for such as dog walking (Mad Paws), babysitting (Gobi), and plant or home sitting (HappyHouseSitters). You can charge higher fees as you get more feedback and ratings.
Service From Home
A great sector with many niche opportunities is the on-demand service/hospitality industry. For example, there is ZenNow for on-demand mobile massage LUXit allows beauticians to visit clients at home for mani-pedi sessions. If you know how to cook, you can be a private chef at people’s homes via platforms such as Intertain. You can build your client base digitally!
You can definitely do a job that doesn’t require you to actually do any physical work. Those who have the skills can consider things like virtual assistance, online bookkeeping, transcribing, marketing services, or something like voice acting services. The great thing about these types of services is you really can do them from anywhere as long as you can carry your computer with you and have access to the internet.
Of course, these are just some ideas, but there are many more out there that you can mould to fit your life instead of the other way around.
What Do You Need to Start a Business From Home?
Obviously, you are going to have to come up with a business plan and get the right equipment, but a lot of what you will need is going to depend on what you decide to do.
Still, an online business is going to require a few things from you, so work towards attaining the following:
A High-Quality Site
You are going to need a good website, so hire someone who can create a good looking site with the features you need. You want to be adaptable to any device since a lot of people switch from computer screens to phones, and your site needs to be responsive to that.
Depending on what you are planning to do, you might need an app to make it easier for your customers to connect to your business. For example, you can set up an app to allow customers to track your whereabouts, which might be helpful for some businesses.
There is no need to depend on a regular phone. There are virtual phone numbers that connect you to customers using the internet. The quality of these calls is much better and the price is a fraction of what you might pay if you purchase a dedicated business line.
It is easy to see that setting up an online business is not as difficult as it once was. Sure, the idea of starting a business from home might be daunting, but try to take it one step at a time. This way, you get a chance to adapt to the changes as they come along. You should eventually come out on top.