When it comes to finding the best work at home business opportunities that are both cost-effective as well as legit you could find this to be quite challenging, especially when you’re just starting out in the online world.
There are also a variety of online scams out there that you need to be aware of so you can avoid becoming the next victim to these con artists.
Within the following blog post, I’ll be showing you guys 6 of the best work at home business opportunities that will let you either get started for free, or for a very low cost.
I’ll also be summing these opportunities up and giving you my top pick as the one opportunity that I feel is the best and most cost-effective way to get started making money in the online world.
If you have ever shown an interest in making money online but you weren’t exactly sure how to go about this without taking out a loan or possibly becoming a victim of an online scam then you need to pay attention to what I’m about to share with you guys today.
Are you guys ready?
1) Open A Pet Sitting Business
Do you like cats and dogs?
Perhaps you own a cat or dog yourself and you’re wondering if it’s truly possible for you to take this passion of yours and turn it into some cold hard cash?
Well, not only is this possible but this is actually a multi-million dollar business with these figures growing by the minute.
Say that with me “Multi-Million Dollar Business A Year”
It’s actually quite affordable to start a pet sitting business and you don’t need any special skills to get started but there are a few things that you’ll need.
What’s that, Scott?
This will require a few things and I’ll list these for you guys below
- A great deal of patience
- Be able to mentally, emotionally and physically handle the duties
- A pretty spacious house or apartment
- A fenced in yard(Optional) but would come in handy
- A small investment to purchase the equipment necessary
How Much Can You Earn As A Pet Sitter?
Like any type of business opportunity, this could vary and there are a variety of factors that would play a part in this but here’s what I was able to find out after doing some hefty research.
The average income you can look to earn here is anywhere from $25- $50 per day with overnight stays ranging from $50 to $75 per night.
Depending on whether you work part time or full time will determine how much you can ultimately make in this industry but there is the potential to earn up to $500 a week or more.
Do You Need A License To Operate A Pet Sitting Business Out Of Your Home?
In most cases, you aren’t required to obtain a license to run this type of business, however, this can vary depending on your location.
You should check with your local state and city regulations to keep everything on the legal side and avoid unintentionally breaking any laws.
2) Open A Daycare Business
This business model has always and will probably always be in high demand.
Due to the fact that daycare prices are constantly on the rise and people are always looking for a reliable babysitter to watch their kids while they work 2 or 3 jobs in an effort to make ends meet and provide for their family.
This business opportunity would require a whole lot more than becoming a pet sitter but if you can meet the requirements then this could be a highly lucrative business for you to look into.
Here Are A Few Of The Requirements You’ll Need To Have To Qualify For This Opportunity
- You’ll need to have and pass a background check done and have a pretty squeaky clean record
- This will also require you to obtain a license to run this type of business out of your home
- You’ll need to publicly display your license for everyone to see
- Some states also require that you carry liability insurance in case of injuries or anything else
- Have an adequate amount of space and preferably a big backyard for kids to play
- This will also obviously require you to like kids and have a great amount of patience
How Much Can You Earn With A Home Based Daycare Business?
This all depends on the number of children that you watch on a daily basis and these numbers will fluctuate on a daily to weekly basis.
If you were to watch 5 children a day at $45 a child you’re looking at $1,125 a week and this doesn’t even include other services that you could also offer.
There is the potential to earn quite a bit within this industry but this will solely depend on your drive and passion and how much time, energy, and effort you’re willing to put into this venture.
To be quite honest with you guys today, the sky is the limit and if you love to be around kids, toddlers, and pre-schoolers and don’t mind watching other peoples children while they work then I think you should look more into this opportunity.
How Much Will It Cost To Open A Home Based Daycare Center?
While this is a whole lot more affordable than if you were to open a Daycare center outside of your home, the costs here can be quite significant, but also pretty cost-effective.
What exactly do you mean by that, Scott?
Let me explain!!
These costs will fluctuate from one person to the next due to the fact that everyone’s living situation isn’t the same and will vary quite a bit.
For example, 1 person may need to have their home inspected to ensure that it passes all the safety requirements and is in top shape to run a business out of it.
While another person’s home may already meet the standards required to run a business out of and has already passed these safety requirements.
Running a daycare business also requires the right type of supplies as well as the right amount of space to take care of other people’s children.
Like I said earlier, you’ll also need to obtain a license and this typically consists of securing an application fee and paying for a background check.
Also, if you want to get the word out you’ll need to purchase some advertising so you can connect with your target market and reach out to the people who are in need of your services.
3) Sell Your Talents & Services Online
What are a few of your talents?
Are there any particular things that you’re really good at?
Well, what if I told you that you could earn some cold hard cash by providing a service to other people who are looking for some help in this area?
Thanks to the power of the internet & places like Fiverr and Upwork, you can charge a set fee for a variety of services and these include but are not limited to the following.
- Voice Overs
- Transcription services
- Creating logos & design work
- Testimonial videos
- Freelance writing
- Product unboxing review videos
There are literally thousands of different types of services that you could offer your clients and these range from the ones I’ve listed above to a wide variety of others things.
I would be here all day if I listed them all and I’m not going to waste your valuable time with this.
What Do You Need To Get Started?
Unlike the other 2 opportunities that I’ve presented to you guys so far, this is actually 1 of the most cost-effective and easiest ways to get started that doesn’t come with a list of requirements.
There are actually 2 ways for you to get started and I’ll list these for you guys below.
- You’ll need to have your own website so you can list your products/ services that are available
- Create a free user account at either Fiverr or Upwork and use their marketplace to sell your services.
This will also require you to work at a consistent rate and require little to no supervision as this is your business and you won’t answer to anyone but yourself.
If you aren’t the type of person that is self motivated and able to work in stressful situations then perhaps this opportunity wouldn’t be a good fit for you.
How Much Will It Cost You To Get Started?
You can actually get started for free with this opportunity.
However, depending on what route you decide to go will determine your overall costs (If Any).
If you were to go the independent route you would need to acquire a domain name and hosting which is very minimal $13.99/ year + $10 and up per month for a reliable hosting company.
Other than that, this is about the only fees you’ll need to pay if you were to go this route.
The only fees you would encounter if you were to go with the other option is a small transaction fee that would be deducted from your payment when your clients pay you.
How Much Money Can You Earn Selling Your Talents?
Like I said earlier, this can vary from 1 person to the next and no one person will earn the same as the next person.
However, depending on how much time & effort you’re willing to put into this there is the potential to earn a great deal of money from this opportunity.
I have seen people earn anywhere from $200 to $1,000 a week for only working part-time (15 to 20 hours a week)
I have also seen some people earn up to $10k in monthly revenue working close to 40 hours a week or more.
This is another opportunity where the sky is the limit and this ultimately depends on how much time you’re willing to commit to this.
4) Local Marketing
Do you know a decent amount about marketing and would you be interested in helping local businesses show up in Google search results for their business?
If you answered yes then you’ll want to stick around as I’ll be introducing a business model to you guys that I haven’t previously covered on this website before.
What if I told you guys that you could start up your very own local marketing business showing other local businesses how to show up in Google and gain more targeted customers to their business?
Would this be something you would be interested learning more about?
You would also need to be pretty confident in what you’re doing as local businesses in your area will be looking up to you and paying you to help them drive more leads, opt-ins, and ultimately more revenue into their business.
How Much Can You Earn With Local Marketing?
Once again, this would depend on your skill set and how much experience you have in online marketing as well as how confident you are in the results you can produce for various businesses in your local area.
You can charge anywhere from $1,000 a month per business and all the way up to $10,000/ monthly, depending on the size of the business and how much traffic they’re looking to drive to their business.
Also, if they aren’t currently on the world wide web you could charge them, even more, to establish a presence in the online world so they can open up shop and start taking orders.
You could charge up to $1,000 for this service alone and even charge a monthly maintenance fee to maintain their website for them.
How sweet is that?
5) Become A Copywriter
If you’re the creative type and you can come up with captivating and thought provoking headlines that capture peoples attention, then perhaps you should consider a career as a professional copywriter.
Also referred to as clickbait you would need to come up with short and catchy phrases that catch people’s eye and gives them a reason to click on an article, email, or advertisement, to read more.
This is a skill that isn’t easily attained as this could take several years for you to perfect it and become a great copywriter.
There are several copywriting books on Amazon that will teach you all that you need to learn to home this craft and get to the point where you can charge the big bucks for your copywriting services.
How Much Can You Earn As A Potential Copywriter?
There is the potential to earn anywhere from a couple hundred bucks a week to a couple thousand bucks a week depending on how efficient you work and how you make use of your time.
1 of the things that I like about this particular business model is the fact that anyone can learn this skill be reading a few books, doing plenty of research and asking questions in several online forums when you have them.
Once you get good you can charge anywhere from $25- $40 an hour or more depending on the job your client is looking to get done.
I have seen many copywriters charge up to $50 an hour and others that charge $75 an hour.
Pretty crazy if you think about it, wouldn’t you guys agree?
As you can see there is a great deal of money to be made in this field and this is definitely not something you should overlook or underestimate it’s earning potential.
6) Affiliate Marketing
This has got to be my all-time favorite business opportunity and one that is the most cost-effective and lucrative ways to earn a living online.
Let me explain!!
Instead of going through the hassle of creating your own products, learning how to market them and having to deal with customer service, shipping nightmares, and customer returns, why not let someone else worry about all that?
With affiliate marketing, you’ll learn how to build a website around a hobby or interest of yours and promote relevant products within your hobby from big-name retailers like Amazon, Best Buy, Gamestop, & Target, just to name a few.
You would then need to write product reviews, how to articles, create videos (If you feel comfortable speaking on video) and whatever other ways you can think of to create content around your niche as you can.
Once you get people visiting your site and clicking your links you can start earning revenue and this will start out slow and eventually grow over time.
This is the way that I have been earning a full time living from for the past 5 years and I wouldn’t trade this opportunity for anything else out there in the online world.
Where Can You Find The Best Affiliate Marketing Training?
There are many places that claim to teach you the proper way to build an affiliate marketing business and teach you the required skills needed to be successful in this business model.
However, this is where nearly 95% of these so called companies fail and they would rather milk you for all you got and sell you on the idea of making money instead of showing you how it’s done.
If you’re looking for the best place to not only learn affiliate marketing but also connect with some of the top leaders in the industry and learn from them then I would highly recommend that you check out Wealthy Affiliate.
This is the place where I have learned everything that I know today and the reason why I have been so successful in the online world.
They actually make it easy for you to get started with their step by step task based lessons that walk you through how to pick a topic (hobby or interest) build a website around this, and show you how to write content.
If this sounds like something you would be interested learning more about then I highly recommend that you check them out for yourself and see what they can do for you.
My Closing Thoughts
If you’re looking for the best opportunities to earn a full time living + some from the comfort of your home then I couldn’t think of a better way to do so then by utilizing this list of work from home business ideas.
Like I said earlier, finding the right business opportunity that has your best interests at heart and isn’t out to take your money and run can be quite challenging.
You want to know what can be more challenging and frustrating than this?
Having to pass inspections and obtain the proper licensing to become qualified to run a business out of your home.
At the start of this blog post, you may recall that I told you guys I would be giving you my top pick from this list that I feel is the most cost-effective and overall best opportunity for you to earn a living online.
Well, here it is!!
In case you haven’t already guessed what this is, then I won’t keep you in suspense any longer.
My top recommendation for anyone looking to start a business online is Affiliate Marketing.
There is no licensing, inspections to pass or any of that other nonsense required to get up and running and I’ll even be there to help you get everything up and running and help you decide on a topic if you’re not exactly sure what to go with.
How cool is that?
Anyways, I know this post is a little long and I hope you guys have really got some insane value from this list of the best work at home business opportunities and you have continued reading this to the end.
If you have any questions or you would like to add anything to this list I would love to hear from you.
Leave your comments, questions, or anything you would like to add to this list in the comments below.
Until Next Time
~Your Friend, Scott~