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The state of our economy in the last few years has had a terrible impact on employment in our country. Companies of all sizes are laying off employees regardless of their talents, years of service or contributions they’ve provided. What is even harder to witness is the closing or splitting up of some large corporations that had employed so many individuals. Many of these people are now looking seriously at ideas for creating income working from home. The question then becomes what are the top home based businesses one can start quickly and with little initial investment.One way to approach starting a home based business is with providing a service or product out of your home. Ideally, the product would be something you are talented with making, but if you don’t have the talent then look for something you can learn quickly and doesn’t require years of practice.If you enjoy being creative and working with your hands, look at top home based businesses that you would enjoy creating products for. Some examples might include:Jewelry Making – Wire jewelry making is easy and with only a little practice you can create some stunning work. There are loads of how-to books on wire jewelry design in the craft stores and you can start with inexpensive material and work your way up.Baking – If you can create some tasty but healthy treats, you might be able to find various health food stores that will buy your goods.Custom T-Shirts – If you look around at the t-shirts marketed towards the younger crowd, you’ll see that lots of them have a grungy, rough, worn or splattered appearing design on them. Just splash a few colors of paint on the front, stamp on the words “Work in progress”, and watch the kids line up for these unique and “cool” shirts.If you are the type of person that is more comfortable with physical work, some top home based businesses might include:Carpet Cleaning – For a small investment you can buy commercial carpet cleaners like the ones that are rented out at many department stores. These do a great job with just hot water and some cleaning solution. They even fit in most cars.Lawn Care – If you already own a riding lawn mower and a truck you can buy some ramps to get the mower into the truck bed. Or, you can get a trailer to put the mower on. As you get more business you can invest in better equipment that lets you complete more jobs in the same amount of time.Cleaning Homes – Take the hour or so you spend each day exercising and clean homes instead. You’ll get the cardio workout from the cleaning and get paid as well. Most clients already have the cleaning supplies they want you to use, so don’t feel you need to stock up on all the supplies.Additionally, some top home based businesses that let you utilize your computer would include:Freelance Jobs – Sites like freelancer.com provide outsourcing for large and small businesses to find experts to complete various projects and tasks. Companies are looking for skills like writing, designing, data entry, sales and marketing as well as technical skills like programming, administration and engineering.website Design – Website design has become much easier as the technology and software has improved in recent years. While it’s a good idea to be familiar with some of the technical jargon, you can focus on the design and flow of a website and outsource the technical development of the sites to someone else.Medical Billing or Coding – this type of online work has become popular as hospitals and insurance agencies are trying to keep costs down. You need to learn the billing or coding process to take on these types of jobs.As with any endeavor you will want to do proper and thorough research in your area of interest. While the list above of top home based businesses is not complete, it provides a few realistic examples and thought starters that will help you get you on your way.

You might have thought of starting a home based business for several reasons. These reasons may include – you want to get freedom from your regular 9 to 5 monotonous job, you do not want your boss to breath down your neck, or you dread commuting to your work place during peak traffic hours.The reasons may be many, but one thing you should keep in mind is to acquaint yourself with all the aspects of a home venture.How do you proceed with the business enterprise? Ensure that you do not discontinue halfway through your business journey as many people tend to do.Half-baked knowledge or skills for starting a home business will not get you anywhere. You need to possess a sound understanding of all the facts so that you do not have to face the embarrassment of total defeat in your endeavors.Follow these steps to succeed in a home venture rather than wasting your energy and hard earned money.Evaluate your entrepreneurial flair:You need to assess your business acumen. It is very important to possess basic qualities of a business person. Your insight into business activities, good judgment and intelligence in grasping unique selling techniques will serve you well.If you do not have these qualities or lack them, it is always better to either learn or improve them. The entrepreneurial flair is the foundation for starting a home business.Love what you are doing:You will need to devote a lot of time to your business enterprise, at least in the initial stage, to make it a successful venture. Therefore, it is importance that you love what you are doing. Be sure you know your product or service inside out.It is advised that you go slowly in the beginning stage. Learn to crawl before you walk. This endurance of yours will come to your rescue during hard times for which you should be prepared.Be realistic:Do not be over-excited or over-enthusiastic with your business objectives. Keep your feet firmly on the ground. Set those goals that are realistically possible to attain.Similarly, do not fall prey to any tall claims of making you rich overnight. Analyze your strengths and weakness.Funding:While you are itemizing your financial plan, you should be unambiguous. See if you can start your venture with the money you have. For this, you should survey the market. If required, you may think about asking for a loan from a bank. It is critical to understand about your expenses and income from the very beginning.Propping up your business:One of the most crucial parts of your venture is to promote it. It is important that your business is able to generate interest. You can rely on word-of-mouth advertisement. You can also request your clientele to pass on information about your venture to others.Devise some inexpensive ways of advertising, like creating your own business flyers or cards, promotional drives at local events, newspaper ads and creating your own website. The most significant elements are to be innovative and take initiative when starting a home based business.