Top 10 Home-Based Business Ideas

These days more and more people are considering starting a home based business. Due to the recession many people are thinking about a way to supplement their incomes or to replace their salaries so that they could still have a source of income in case they are fired.

Here is a top of 10 home based business ideas with growth potential and low start-up cost:

1. Personal Trainer

If you are into fitness, you should consider starting a business as a personal trainer. You could visit your clients at their homes or you could start your own fitness club.

2. Interior Decorator

If you have good design skills you should consider starting an interior decoration business. More and more people look for the services of an interior decorator when they buy a new house or when they are bored of their house's old design.

3. Start an Information Website

If there is any topic you are good at, you can create an information website. The start up cost is minimal (even under $3/month) and the possibilities to earn with an information website are huge: you can earn selling space to advertisers (a small 125x125 px space can bring you from $10 to $2,500/mo - and you can sell several such ad spaces), with affiliate programs, with Google AdSense etc.

4. Cleaning Service

If you have good cleaning skills you could start a cleaning service business. If you have some money to spend on advertisements you could focus on public places such as restaurants, show rooms or office buildings. If you don't want to spend on advertising, you could easily start a house cleaning business.

5. Catering

First of all, this kind of business requires a bigger investment. You will need a business license, a permit from the local Health Department and a well equipped kitchen and supplies.

6. Event Planner

If you are good at organizing important events you should consider becoming an event planner. In this business it's very important to have lots of contacts and lots of information about every potential event location in your area. If you intend to become a wedding planner you will also have to be up-to-date with the latest wedding dress styles, flower arrangements, music etc.

7. Dog Obedience Trainer

This kind of business becomes more and more popular. You could either hold the dog obedience training classes at your home or you can visit your customers at their homes for a one-on-one training.

8. Accountant

For this type of business you will need experience, training and licensing. If you want to become a certified accountant you will need to do some research on specific state requirements.

9. Hair Stylist

As a hair stylist you can either choose to do only the hair cutting and styling, or you can specialize as a hair colorist. Running this kind of business is easier for those who already have lots of experience in this domain.

10. Computer Repair

If you are good at fixing computer problems you could start a computer repair business. You will need to be able to fix both hardware and software issues.