What is a Home Business?
A home business, also known as a virtual business or online business, is a type of business that operates from the comfort of one's own home. This can include freelance work, selling products or services online, or running an e-commerce store.
Types of Home Businesses
- Freelance Writing and Editing
- Selling Products Online (e.g. Amazon FBA, Etsy)
- Virtual Assistant Services
- Online Tutoring or Teaching
- Affiliate Marketing
Home Business Trends
The rise of the gig economy and the growth of e-commerce have created a high demand for home businesses. According to a survey by the Federal Reserve, 73% of small business owners operate from their own homes.