5 Home-Based Business Ideas Amidst COVID-19

Published on
August 28, 2020
Written by
Marissa Saini
Writers@Aspire
Reviewed by
Episode #
5 Home-Based Business Ideas Amidst COVID-19
Simple and effective! 5 home-based business ideas amidst COVID-19.
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This COVID-19 makes you think of starting your home-based business?

But you have no idea where to start or what to do?

We’ve got you covered.


Here are 5 simple and effective home-based business ideas amidst COVID-19

1. Home bakery

Ever since the world went on a global lockdown in the early parts of the year due to COVID-19, leaving many stuck in their homes, we have seen our social media feeds filled with posts from people who have turned into quarantine bakers. While some may see this as a way to simply pass time, making homemade baked goods is a popular home-based business idea that you can tap into.


Home-baked goods just have a special and personalised quality to it that you won’t get from a store-bought cake or pastry, which is why we have seen a surge in home-based bakeries all over the country. Not only will you be able to do what you love in the comfort of your own home, but you will also be adding a smile to someone’s face with your baked creations!

2. Private tuition

If there’s a particular area of study that you specialise in, consider selling your service as a private tutor. One incredible advantage of becoming a private tutor is that you don’t need a teaching degree to be able to teach. In order to get started, you first have to determine the subject that is within your area of expertise, and which educational level you can assist in. This can range anywhere between primary to undergraduate levels.


Private tuition also allows for more personalised learning, since the class size is typically much smaller than in school or at a tuition centre. Sometimes one-on-one classes between the tutor and student can also be arranged.

3. Graphic design

If you have strong designing skills and want to monetize that, consider opening a home-based graphic design business. You can specialise in a specific area such as visual identity materials like logos, business cards and brand guides; product packaging and labels; marketing materials such as flyers, posters, and postcards; or illustrations and clip art. The list is almost endless!


One of the biggest benefits of being a home-based graphic designer is that you have the freedom to choose which projects to work on. This job requires a lot of networking and putting yourself out there in order to build your pool of clients.


4. Personal fitness training

If you have experience in fitness training, why not provide personalised online fitness training? Fitness training or fitness coaching is a more personalised experience in comparison to just going to the gym and working out on your own accord. Many people turn to personal fitness coaching nowadays to seek guidance from a professional as they reach their own fitness goals. As an instructor, you can customise specific fitness programs and workouts according to the needs of your client, and even suggest meal prep ideas as well.  

5. Online music classes

Music can play an important part in a child’s development, which is why many parents enroll their little ones in music lessons at a very young age. However, adults can also take up music lessons if they’re looking to learn a new skill or want to enhance their knowledge on an instrument they are already playing. With the current situation where physical distancing is still advised, you can conduct your classes on video conferencing platforms such as Zoom, Skype, and Google Meet.


What are the next steps?


When transitioning towards becoming a home-based business owner, there are a few things to consider before getting started. This may include your inventory computer setup, necessary business licenses, as well as a separate account for your finances. Read our blog about the best account for freelancers.

For more episodes of CFO Talks, check us out on Apple Podcasts, Google Podcasts, Spotify or add our RSS feed to your favorite podcast player!

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ABOUT THE AUTHOR
Marissa Saini is a seasoned writer and an avid trendspotter across business finance, personal finance, travel and lifestyle industries. With writing history at SingSaver, INK, and ohmyhome, Marissa leverages her broad range of experiences to simplify finance and make readers financially savvy.
Marissa Saini
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Aspire is the all-in-one finance operating system for businesses. Our mission is to empower the next generation of entrepreneurs with the financial tools they need to realise their company’s full potential.
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