In 2020, the myth that the business sphere is best reserved for men has been revealed as exactly that: a myth. It’s not just the pioneering examples of Shahnaz Hussain, Oprah Winfrey, Cher Wang which tell us such.
We’re slowly waking up to the reasons why the entrepreneurial space has been wrong to be better off male. It’s hardly an enlightened position, but we’re now well aware that women will often make better business decisions than men. So, if you’re a woman looking to unlock your entrepreneurial spirit, we’ve put together a few recommended, lucrative side-hustles in order to boost your household income.
1. Start Blogging
Blogging is a fantastic choice of home-based business for women in 2020. But, like any other business, blogging demands efforts in order to build an engaged audience. If you’re knowledgeable in any particular field and have the ability to guide others who seek tips and advice on the internet, then starting a blog to share your know-how could be a fun and lucrative business for you.
Whilst you’ll have to wait for some time to reap your financial benefits, if you remain consistent and keep plugging away with valuable tips for your readers, you’ll soon see great rewards. Pick an attractive name for your blog, register domain name and put some money aside to host it. Once you finish these tasks, start directing traffic and then apply for Adsense to display ads on your site.
2. Affliate marketer
Another rewarding choice available to you in case your blog isn’t making sufficient money from Adsense, is to become an affiliate marketer. Affiliate marketing, offered by many companies, including Fat Lama, is simply an agreement between you and the advertisers wherein he pays some commission to you if your visitors make purchases on their sites. Remember: you need to be prepared to sell. But if you generate businesses new users through your affiliate links, you’ll be rewarded by substantial sales commission.
3. Beauty Parlour
Beauty is important to some women, and many are looking for advice on how to improve their makeup routines. When YouTube beauty tips aren’t enough, many women turn to beauty parlors. So if you enjoy getting hands-on in the beauty world, why not consider opening a beauty parlor in your locality? Moreover, you can run this business from your home.
4. BOUTIQUE STORE
Everyone wants to look good, and some are willing to pay good money for style. If you want to tap into the fashion market, starting a boutique clothing store is another rewarding small business choice you can put your efforts towards!
5. MAKE GREETING CARDS
This may seem outdated as a business model, but the fact remains that more than 90% of people send Christmas cards, birthday new year cards, Easter cards or valentine day cards. So, if you love to play around with creative designs, you can turn this passion into money in your locality.
6. Open A Women’s Gym
For religious or social reasons, many women prefer single-sex exercise facilities. If no such thing exists in your locality, you might want to consider the idea of clearing out the garage and setting it up as a home-based gym for your female neighbors to work out in privacy.
7. Rent or sell your belongings
Whether you hold garage sales to sell your stuff or list it for rental local on a platform like Fat Lama, making money from the stuff you earn is a great place to start!
There are large number of small as well as big companies who do not want to foot the costs of hiring a permanent accountant. So offering bookkeeping services to these companies is one of the best home based business for women.
9. Candle Making
With access to some capital, you may want to start a candle making business from the comfort of your home and sell candles to your neighbours – perfect for the Christmas season!
10. Content Writing
An aspiring women who has the ability to write quality content can make good money doing so from the comfort of her home. Content drives sales for all manner of businesses, so tapping into this industry could be a real money spinner.
Not only has the boom in internet industry given rise to content writing opportunity; it’s also opened up many copy writing opportunities. Along with content writing, a women can also make money by offering her copywriting services.
12. Make Designer Handbags.
The right handbag can really make an outfit, and make any woman feel great! Starting a designer handbag business from your home could give you the income you need to get going! You must have an eye for style and be willing to graft hard to earn!