Home-based businesses have become very popular in recent years. Research from the Global Entrepreneurship Monitor (GEM) has found that over half of all small business owners work from home. Are you interested in starting a business from home? Here are ten great business ideas that are growing rapidly:
- Personal trainer. There is a growing demand for personal trainers as the population ages.
- Bookkeeper. Demand for independent bookkeepers has increased as more companies seek to outsource it.
- Business plan writer. The GEM has shown that entrepreneurship is increasing rapidly (13% of Americans are involved in a start-up). This trend has created a strong demand for business plan writers.
- Business coaching. The growth in entrepreneurship has also fueled demand for people that offer business coaching services.
- Yoga instructor. Nearly 15 million Americans have had a healthcare professional recommend trying yoga, which creates a huge demand for yoga instructors.
- Blogger. More people are using the Internet for information than ever before. This creates a huge demand for professional bloggers.
- Grant writer. Government budget cuts have reduced the funds available for grants. Nonprofits are hiring grant writers to increase their approval odds as competition for those funds increases.
- Tutoring. Tutors are also in more demand than ever. Many parents are hiring tutors to help students get ahead in school and boost their SAT scores. Many college students hire specialty tutors to help prepare for the GRE, GMAT, LSAT and MCAT exams.
- Internet marketing. A growing number of companies are promoting themselves over the Internet. Many people offer online marketing services for these companies from their own homes.
- Pet services. Many people are treating their pets like members of the family these days. There is a growing demand for people that are hiring professionals to help improve the quality of their services.
The demand for these businesses is likely to grow exponentially in the future. They are definitely ideas every aspiring home entrepreneur should look into!