How to Start a Home Business with No Money

Start a Home Business

Almost everyone has heard the old adage you need to spend money in order to make money. Believe it or not, this is not always true when it comes to a home business. You can start a business with practically no money; however, as your business grows, you will want to reinvest some of your profits back into your home business.

You can use the knowledge, resources and tools currently at your disposal to start a home business. In fact, history is filled with examples of successful businesses that started with nothing more than a person who was committed to having a successful business.

The most important aspect of a home business is the commitment and tenacity of the owner.

Start a Home Business

If you are interested in becoming your own boss and the freedom and flexibility it offers, continue reading to find out five free home business opportunities.

Amazon and eBay

One of the best things about Amazon and eBay is that it costs nothing until the item you are selling has been paid for. There may be things cluttering your home or office that can net your big bucks and start your business off on the right foot. The trick is to find what items are selling at a good price on eBay or Amazon. Then, find a resource to supply your inventory. For example, if you list some name-brand children’s clothes and it sells well, take the proceeds from the sale to purchase more items at a consignment shop.

Blogging

Another great way to start a home business is blogging. There are several free blogging sites, including Blogger, which is owned by Google to get you started. In order to earn money from your blog, you must add Adsense to your blog. Once your blog begins to earn money, you should purchase a domain name and forward it to your free blog.  Purchasing a domain name generally cost between $10 and $15. After you purchase a domain name, use some of the money you earn from your blog to purchase web hosting and move your site to the new location.

In addition to adding AdSense to your blog, you can earn money by selling advertising space, creating your own e-courses, writing your own e-books or using a free email list service such as MailChimp for a newsletter. All of these items ways to make money are completely free!

Service-Based Businesses

No matter the skill you have, you can use it to begin a home business. For example, if you are handy around your home, let your friends and family members know that you can help them with simple home repairs. As long as you have the necessary equipment to complete the chore, you will not need to make any investment other than letting people know that you are available to help. There are tons of ideas for this type of business venture, including home organizing, pet sitting, tutoring, car detailing and babysitting.

If you would rather stay at home for your home business, there are numerous options. Many of these can be done from the comfort of your home. The following list of service businesses can be done from your home: web design, writing, virtual support, bookkeeping, tutoring through video conferencing and more.

Although you can offer your writing as a service, you can also write and sell your own works. You can write books, provide home-based courses and informational on products. People are always going online looking for information. Oftentimes, people are willing to pay for this information if they believe it will help them.

Direct Publishing

There are numerous ways that you can get your book published for free. Then, you can sell them on Amazon. Createspace allows you to get your printed books to retailers such as Barnes and Noble.

Microwork

Microwork is not a home business, it is freelancing; however, it does allow you to work from home on your own schedule. It allows you to pick and choose the tasks that you want to do. Although it may seem like a lot of work for a little income, it is free and can net you $2,000 a month.

You may be wondering what exactly microwork is. Basically, it is when businesses need small projects, such as proofreading, writing, researching or data entry done. There are numerous microwork sites available for you to choose from, and you can work on several sites at one time to maximize your income.