Looking to Be Your Own Boss? 10 Home-Based Small Business Ideas

Photo caption: Having a home-based business offers you the freedom to be your own boss, working when — and where — you want. Photo credit: Bulgac on Getty Images. Article by Andrea Forstadt. CO by US Chamber of Commerce – May 24, 2021.

Tap into your interests, expertise and skills to build the business of your dreams from the comfort of your home.

There are approximately 15 million home-based businesses in the United States, representing nearly half of all U.S. small businesses. Running a home-based business means your company headquarters and your residence are one in the same and, while it can be an adjustment, it presents many advantages from both a convenience and a cost perspective. For starters, there is no commute. Startup costs tend to be relatively low, typically in the $2,000–$5,000 range to get up and running, with the most common expenses being technology, labor, office furniture and supplies, insurance and advertising/marketing. There are also many benefits and deductions that can be afforded to home-based businesses. […]

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