by Maureen Chambers
(Marrickville NSW, Australia)
In today’s tough economy, many people are hoping to start their own business. They hope to earn a living that depends more on their own individual effort rather than the whims of fate.
The factor which holds many of these would be entrepreneurs back is a lack of start up funds. If you are looking for a home business opportunity that takes very little money to get started, and also puts money in your pocket quickly, you should look into starting a freelance business from your home.
The term freelance business covers a wide territory. It runs the gamut from mowing lawns or cleaning houses through business bookkeeping. Any of those which suit your talents can quickly put money in your pocket as soon as you acquire your first client.
However, the internet provides a unique opportunity to build a freelance business with literally millions of potential customers without necessarily locking you into one particular area.
Here are three freelance businesses with low start up costs which can generate quick and steady income if you apply yourself:
1 – Virtual Assistant
If you have a phone, a computer, a scanner/fax machine and a high speed internet connection you have everything you need to start a new business as a virtual assistant.
With this equipment you can easily handle all sorts of administrative and clerical tasks for both local businesses and even businesses in other areas. Depending on your particular skills, you can handle everything from bookkeeping to transcription to verifying appointments to research for your clients.
2 – Ghostwriting
If you have a talent for writing, you can write articles, press releases, blog posts, eBooks and more for individuals or local companies. The internet is hungry for information. Many website owners don’t like to spend the time it takes to develop original content themselves.
So both local businesses (such as Realtors, Doctors, Attorneys, etc.) and internet based businesses are constantly looking for good fresh web content. Again, all you need is your computer and an internet connection to get started, although a personal website would be useful as well.
3 – Web Design
If you have a talent for putting together a great looking website or you can effectively locate and manage other freelancers to work for you, you can easily use that talent to start a home based freelance web design business. Businesses and individuals alike need help setting up websites and they are willing to pay well for it.
This is also a business with extremely low start up costs. Although you will have to hustle a bit to get your first few clients, once you have a reputation as a good web designer, business referrals will flow in quickly.
One of the great benefits of setting up a service business is that you don’t have to spend money on inventory or office space prior to getting in business. All you have to do is locate a need in your market and step up to fill it. You will be depositing your earnings in no time.