Recessions and bad economies aren’t bad for all and is often a good time to start a business. People interested in saving money with new inventions and improvements on existing products are in high demand. Enter the home business owner and entrepreneur. The small company is well-suited to quick adjustments and adapting to alternative lifestyles. Here are a few home business ideas to consider and research:
- Sewing: In bad economic times, instead of buying new, people tend to modify existing clothes, uniforms or furniture coverings. There are also opportunities working with people that have physical challenges including: wheelchair bound, severe arthritis, women that had mastectomies, and soldiers severely wounded in combat. Each often requires customized clothing, ideal for a Homepreneur business in sewing. Do some research on The Home Sewing Association website: www.sewing.org .
- Hauling: Surprisingly, the modern hauler does not always have a pick up truck that scours your neighborhood on garbage day. Modern haulers often use trike bikes to pick up and deliver small loads – typically under 500 pounds – to various local businesses. These 3-wheeled bikes are modified to include a platform or storage box over the rear wheels. Either manually operated or battery assisted, these delivery vehicles are environmentally friendly and take up less room on crowded streets. Haulers make money from their services and often from sorting through junk to find valuable items to recycle or sell. A franchise for haulers exists to help support the industry: www.1800gotjunk.com is a franchise and resource for information.
- Custom Bicycle Making and Repair: Start this business if you are interested in providing the trike bikes that haulers will use. Further, electric-assisted bicycles are increasingly popular as are trikes for an aging population that still likes to cycle. Some websites to look at are: www.attractionretreat.org/TI/Trailers , bikecart.pedalpeople.com , and bikes.urbanoutfitters.com (for taking custom orders).
- Home Repair Services: Home repair services are always in demand whether times are good or bad. Local home repair is often less expensive than a large company and offer superior customer service. A word of warning: some states limit the size and type of tasks that independent home repair services may do. Check local and state regulations before starting a job. Sites to reference are: www.bejane.com and www.handyman-business.com .
Each of the above businesses are easily set up and managed from the home, making them classic Homepreneur opportunities. As mentioned before, perform market research to discover competition and appropriate pricing.
List compiled by Dion D. Shaw
Dion D. Shaw is the founder and owner of Homepreneurs.
Homepreneurs. New Day. New Opportunity.
Homepreneurs does not endorse nor have any relationships with any of the services listed. Homepreneurs receives no compensation or consideration for its suggestions. Homepreneurs strongly urges all interested parties to conduct research and accepts no responsibility for any losses incurred.
© Homepreneurs 2011