The massive growth of the internet has changed the way people engage with Education, Marketing, e-commerce, and Entertainment. Several home-based business ideas have created an entirely new class of entrepreneurs, young, educated and tech-savvy.
Let us look at some of the in-demand options in 2021:
1. Content writer
A fast-growing domain, it includes web content, news content, marketing content, corporate content, technical writing, and more.
Good writing and communication skills can make you a successful content writer. A degree in English literature, Mass Communication, or Journalism may also help.
2. Blogger
Subject-based writing career; successful bloggers also have additional income scope through affiliate marketing, influencer marketing, or Google Adsense.
3. Medical Writer
Medical writing originated out of content writing and is a significant enough discipline on its own. People with a background in human physiology, biochemistry, microbiology, and an interest in writing are increasingly choosing this home-based business.
4. Legal Writer
There is a vast amount of documentation and writing involved in legal matters.
Because of the technicality involved, legal writing, unlike other home-based business ideas, is primarily meant for law graduates.
5. Academic writer
It involves providing support to thesis writing, book writing and preparing course materials.
6. Graphic Designer
Brands need attractive visuals in all their communications, whether online or offline.
The social media tool is a big consumer of designs to supplement the content. While you may learn specific designing tools and techniques formally (online or in an institute), a basic artistic sense and liking for styles are needed for a successful career as a graphic designer.
7. Social media manager
Social media has emerged as a crucial platform for promotion;
With the massive growth in the number of users, more and more companies are looking at using social media for promotion because of its cost-effectiveness.
8. Digital Marketer
With every brand fighting for the audience's online attention, a digital marketer's need is on the rise. Apart from using various techniques of improving viewership numbers, they would also help in email and phone marketing.
9. Website developer
If you know the language of coding and understanding CSS, HTML, Javascript, and Photoshop, which is your top career choice. For a skilled individual, a very high earning potential exists with thousands of websites vying to grab the viewer's attention.
10. Application Developer
Creating programmes and maintaining an application for mobile devices, computers, and web browsers is a fast-growing profession. Many competent developers are remote working for some of the best companies in the business.
11. Translator
If you love languages (both international and Indian), this may be a remote work option for you. Global companies, content needs in Indian languages drive this business option.
12. Business Developer
Online businesses have created the need for a developer, which is primarily a marketing job. Plenty of scopes for the person who can work out tie-ups with various companies for increasing sales of their product or services.
13. Travel Planner
With the travel industry operating online, freelance agents can organise all the travel needs of their clients. Established travel agencies, too, prefer to work with individual freelancers, which help both.
14. Human Resources Consultant
With the number of remote jobs increasing, recruitment also is in remote mode. Recruitment specialists can easily handle all processes from inviting applications, reference checks, and interviews online.
15. Online tutor
Individuals with excellent subject knowledge and teaching skills can choose this career. Apart from local students, individuals with good English language skills are in demand in several countries worldwide as an English tutor.
16. Accountant
A freelance accountant is a perfect choice for the small business sector. New accounting software makes physical work easy, and the freelance accountant's contractual engagement suits the small enterprise. For the experienced accounts professional skilled at budgeting, financial analytics, cost control, several lucrative openings exist.
17. Tax consultancy
Many companies prefer hiring consultants for their taxation related jobs like GST returns and other statutory requirements. Competent professionals can look forward to an exciting career option as a remote tax consultant.
18. Legal Advisor
The increasing number of mergers and acquisitions require a close review of the applicable rules and procedures. Sometimes complex legal issues affect normal operations in a business. A remote advisor can perform the tasks perfectly, and the requirements being one time suits the company also to work with advisors.
19. Virtual Assistant
VA's scope is with senior business owners, busy professionals looking for assistance in managing their schedules and activities after a particular stage in their career. The remote assistant helps out with the meeting schedules, travel plans, arranging meetings, organising information storage and quick retrieval and the like. A virtual assistant is among the new business ideas and is gaining popularity fast.
20. Professional researcher
A niche segment in business from home ideas, a researcher, checks for facts, gets you specific information and organises case files. Good communication, an eye for detail and a systematic approach are the qualities needed for success in this job.
21. Data Entry Business
A simple computer-based low-value job, though, has a large requirement base.
22. Stitching and Tailoring Solutions
Among the accessible business from home ideas, you can utilise your tailoring skills to earn good money; if you are specialised in decorative stitching, your earning scope increases considerably.
23. Florist
If you love flowers and have a knack for handcrafts, a floral business can be among the best home-based business ideas.
24. Video Content Creator
The popularity of Youtube is attracting thousands of creators-from singers, musicians to technical content creators.
If you enjoy videos, this can be one of the best business ideas for you. A musician and a high calibre video editor can give a professional touch to your videos. Depending on the hits, there is an excellent scope of monetising your efforts.
25. Online music teacher
A standard option now, hundreds of musicians are offering lessons on the internet.
26. Video Editor
The increasing number of video content is creating a high demand for editors. A creative mind with some knowledge of the process is the essential requirement.
27. Education Consultant
The demand for a good college or university is robust, with students targeting a few well-known institutions for admissions. If you have a clear understanding of the admission processes, including test patterns, how to prepare, when and how to apply, this may be your new business idea.
28. Education counsellor
Rising competition in every sphere of life demands focussed study from school level. Counselling is a new profession where, from an early stage, a child is guided towards end goals.
29. Transcriptionist
Fast typing ability while listening to someone talk is the required skill for this exciting home-based business. Scope exists for medical, legal and commercial transcription. Familiarity with any of these fields will be an added advantage.
30. Public Relation Expert
Freelance PR management has an ideal market in small businesses. You can guide the company’s PR strategies and help in choosing the preferred media for promotion.
31. Event Planner
Marketing skills and good contacts support this business option.
Some of the best home-based business if you have adequate space in your house.
32. Daycare manager
Most Indian cities have potential demand for a reliable daycare centre for babies/children. If you can organise a few staff and do up the place, this could be a very profitable business.
33. Hair Stylist
If you have the necessary skill, this could be the ideal business choice for you.
34. Homestay
People who are located in tourist places can convert an additional room or two into guest rooms. Already in operation at several locations, the potential is enormous considering the prospect of tourism in India.
35. Home caterer
Older people, working couples look for suppliers of home-style food. Not exactly among the new business ideas, your skill and service can make you a preferred locality choice.
Here are a few businesses from home ideas where you get your contacts online, but the activity happens mostly in clients' places.
36. Interior decorator
37. Yoga teacher
38. Event photography
39. Older caregiver
40. Pet care expert
If you incline, there are an endless number of home-based business ideas. It depends entirely on your skill-set and enterprise to start the business you like best.
Also Read:
1) Top-10 Most Popular Business Ideas for Uttar Pradesh
2) Top-10 Business Ideas for Madhya Pradesh
3) Top-10 Business Ideas for Maharashtra
4) OkCredit: All you need to know about OkCredit & how it works
FAQs
Q. How to choose from the list of best business ideas?
Ans. The choice should depend on your skills and the field you are comfortable with; if you enjoy meeting people, look for businesses with a customer interface.
Q. I am a graphic designer –I wish to scale up my business. Where to look for finance?
Ans. For a professional scale of operations, you need a business entity. Once you complete the formalities, you can get in touch with NBFC's or online fintech companies for financial assistance. OKCredit is a reliable online fintech company.
Q. Is it necessary to register a home-based business?
Ans. Not until you reach a scale or wish to upgrade. However, for certain types like catering, travel consultancy, specific certifications will improve your credibility.