Nearly nine percent of job seekers who gained employment in the second quarter of 2009 did so by starting a business, according to a survey done by Challenger, Gray & Christmas. Instead of waiting to be hired, they hired themselves. You can do the same in 2010. Here five great areas to start your home business.
Green Businesses: You can help create a cleaner, greener world and make money as well. Business ideas include green auditing (helping families or businesses assess their impact and recommend green changes), creating green products, and selling green products and services.
Servicing the over 50 crowd: There are over 76 million Americans over the age of 50 with a spending power of over $2 trillion, making them a good market for products and services. Business ideas include health and wellness, retirement planning, travel, and in-home care.
Budget Shopping: More and more families are looking for a good deal on everything they buy. Business ideas include the sale of discounted items, as well as information on buying discounted items, rebates, and coupons.
Health and Wellness: Growing concerns about obesity and heart disease have led to new business growth in helping people live healthier. Opportunities exist in fitness, diet and nutrition. Other areas of business include organic products, vitamins and supplements, and health and wellness coaching.
Products for pets: Americans spend over $30 million a year on their pets. Business ideas include pet sitting services, pet accessories (clothes, collars, etc), dog walking services, fish tank cleaning services, pet photography, and kennel and breeding services.
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Very helpful post. It has been very difficult for me to find anything good on this topic. thanks.
I agree that serving the “over 50 crowd” is a great thing to get into. Keep in mind that this type of crowd is not into computers or the Internet! Home delivery is also a great idea here, not just to the elderly (over 70 crowd), but also to the handicapped. A delivery service is great as long as you set strict hours and make sure you make yourself time for lunch and rest.
Great article, and thank you for the ideas.
Thanks for the reply. I wouldn’t rule out the over 50 crowd as being non-technical. They were only in their thirties when the personal computer was launched. But one needs to be aware of different knowledge bases when looking at different age groups that’s for sure. I agree that delivery services can be a great business. You just want to make sure you have a big enough market that is willing to pay for such services. Thank you again for your comment!
I agree, products for pets, even information products, are hot. Just do a keyword search on “dogs” or “cats” and you’ll get an avalanche of search phrases many with tens of thousands of searches a month.
On top of that, many many product manufacturers will drop ship, making a web based pet business a slam dunk.
Hi Stig, There are many great opportunities if people just do the research and implement with a plan. Thanks for posting.
I recently read in AARP that more businesses are started by people over 55 than people in their 20’s and 30’s! Most of your great ideas would be things that older folks could handle.
Great point Tayna. People 55 and over have lots of great skills and experiences that help them start a business or freelance. Thanks for posting.