- Business ideas you can launch from home at little or no expense just takes a little pondering.business image by peter Hires Images from Fotolia.com
The potential to either work from home of otherwise be your own boss are far greater than most think. With just a tad of creativity, the number of things potential clients either will not do, cannot do or do not have the time to do is impressive. Many of the newer ideas in small businesses demand minimal training and start-up cost. - If you have a college degree or higher, freelance education work might be ideal. Ideas for a very inexpensive business start-up might be test-prep adviser or even a private tutor at all levels, from grammar school to graduate school. For those with a lot of college experience, experimenting with college referral services might be a start. The idea behind this small enterprise is that you would be fixing up high school students, or non-traditional students considering going back to school, with the ideal college for their needs. Ex-professors or administrations might be ideal for this. Offering assistance on Master's theses or Doctoral dissertations is another largely unexplored field.
- The potential here is endless. The explosion of dating services is very well known. Consider a dating service for older folks, or those recently divorced and are clueless about modern dating. The idea of a specialized dating service dealing with those who have just been in really bad breakups is potentially lucrative. Counseling for those who have been in abusive relationships and getting them back "out there" in the dating world might be an excellent idea. Dating services focused on small sub-groups such as guitar players or punk rockers is another idea.
- If you are multilingual, the enterprise potential for translation services is ideal. With the tremendous increase of Asian trade with the English-speaking world, if you speak Chinese, Vietnamese or Hindi you are almost guaranteed a successful business with minimal start-up costs. Starting a business dedicated to translation is very different from a freelance job. A real translation agency would go way beyond your own specialty and specific language(s). For a business in this field, you will have to being employing other specialties and languages and market aggressively.
- While far more prosaic than other ideas, indexing services are usually hard to fill given the drudgery involved. But with those who are detail-oriented or border on the obsessive-compulsive, indexing for books, journals or government publications is something that can be done at home. Indexing generally has a complex price structure. Depending on the document to be indexed, one can be paid anywhere between $400 and $7,000 per product. The real distinction is between the complexity and length of the book or report to be indexed. You can assume that a start-up indexing firm might charge $3.50 per page of work.
- With just a short amount of specialized training and almost no start-up costs, you can work in courts today (especially at the local level) as a freelance court reporter. You'll have to know shorthand, know how to work the stenography machine and do your own transcription. This field will continue to grow and work is almost guaranteed to be available. Flexibility and good pay are the real benefits behind starting your own freelance court reporting business. A 2007 survey of the Court Reporters Associations discovered that the average yearly salary of a full-time independent court reporter is over $64,672.
Education
(Highly) Specialized Dating Services
Translation Services
Indexing
Court Reporting
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