Most people work in jobs where they must answer to a boss, and a lot of them don’t enjoy it. In fact, more than 60 percent of people want a business of their own one day. Many of those dream of working from home.
The good news is that there has never been a better time to launch your own work from home business than right now. The pandemic rewrote the way many business owners and employees view remote work. Once viewed as a grudging privilege or reward, remote work is now accepted as normal.
If you’ve toyed with the idea, keep reading for three reasons you should start your work from home business in 2021
1. Less Competition
As rough as it sounds, the pandemic did in a lot of businesses and left a lot more teetering on the verge of collapse. That means you’ll face less competition than at any point in recent years. It also means you might find openings in industries that you previously thought were overcrowded.
None of that means you won’t face a lot of hard work, but the mountain you must climb won’t feel quite so steep as it would have two to three years ago.
2. Lots of From Home Business Opportunities
There are so many home business opportunities that it borders on too many. For example, you can consider starting a tax business from home or launching an Etsy store for your handcrafted goods. You can go into coaching your skills or move into the online education arena.
Interested in something a bit more like a traditional business? You can start an e-commerce business selling goods on third-party sites and using dropshipping for delivery.
Have a saleable skill like writing or web development? You can hang out your digital shingle as a freelancer.
3. You Get More Control Over Your Schedule
Unless you work entirely with overseas customers and clients, you cannot simply ignore the regular workday. That’s when your customers will call or place orders. What you can do is mold your schedule to better suit your needs.
Maybe you need more time in the morning or afternoon to get your kids to or from school. You can clock in late or clock out early and put in an extra hour later that night.
The trick is providing some transparency. If you’re never at your desk before 9 am, tell people so and that you’ll return calls then.
Starting Your From Home Business
While this is probably the best time to launch your from home business, it’s never the right time to rush the process. Do your homework before you pick a business. Make sure you have all the equipment, software, and even licenses you need to meet the requirements.
If you don’t have tax prep software, for example, you shouldn’t launch that tax business just yet. Once you get those ducks in a row, though, go forth and do business.
Looking for more tips on launching or running your business? Check out the posts in the Business & Finance section.