A lot of stay-at-home moms find themselves in the position where they want to accomplish something for themselves. Probably they want to start a business!
If you’re one of these, then you’re on the right page. Here are some of the best business ideas you can do in your free time with zero to low capital needed:
1. Tax Preparation
One of the popular side hustles you can do at home is tax preparation. As tax season approaches, people are rushing to get their taxes done before it’s too late. If you can offer affordable and accurate tax preparation services, you could end up with many customers who will utilize your services every year.
The requirements to work as a tax preparer can vary. You can be certified, or you can have an accounting degree or knowledge of the tax laws. You don’t need to have all three, but some knowledge is better than none.
You also need to have excellent attention to detail, but you can always use tools of the trade like tax programs to help you. If you need to compare options, check out Ultimatetax.com.
2. Virtual Assistance
This is the perfect home-based business for stay-at-home moms who want to work independently. A virtual assistant acts as another set of hands for their clients.
A VA can help with several tasks, like:
- Managing calendars
- Scheduling appointments
- Handling email correspondence
- Answering calls
- Taking notes
- Typing documents
- Filing and organizing
- Making travel plans
- Researching information
With this flexible job, you can also pursue a degree or training to improve your skills. You can easily earn around $20 per hour as a starting virtual assistant. So if you have some experience in office work, then consider becoming a VA to give yourself more freedom and flexibility.
Many stay-at-home moms are already experienced in taking care of kids, so why not get paid for doing it?
Usually, babysitters make around $10-15 an hour, and you can be more flexible with your time. For instance, on weekends, when your partner is around, you can work for longer hours and, thus, earn more cash.
You can also set up an arrangement that’s more ideal for you. Instead of going to your client’s house, you can encourage them to drop their kids at yours. You can even try virtual babysitting by signing up to websites like VeeBee.
A lot of parents are more than willing to spend extra cash on their children’s education. If you have some skills in a particular subject, you can become a tutor and give lessons on the side. This side gig also allows you to practice your degree or profession you might have set aside for a while to take care of the family.
How much can you earn from tutoring? That depends on your skills and the parent’s budget, but you can generally make around $20-30 per hour.
Usually, a session doesn’t last for over two hours a few times a week. You can also be picky with the subjects you want to teach.
5. Real Estate Transaction Coordinator
If you have an eye for the ideal house, then this home-based business is perfect for you. As a transaction coordinator, you act as an intermediary between homeowners and real estate agents. You also handle administrative tasks like scheduling appointments, arranging closing documents, and more.
Since it’s a part of selling or buying a house, many companies will pay this fee for you. However, the coordinator’s fee can vary from $500 to $3,000. This isn’t a high-paying gig, and it also requires some office experience. But it’s good for stay-at-home moms who want to work part-time.
When you find real estate to be a lucrative career, you can use your skills to become an agent and even a broker.
6. Social Media Manager
More businesses are using social media for marketing, but this is grueling work. Often, they need someone to oversee their accounts. This is where you can become a social media manager.
As a manager, your job involves:
- Creating content for social media networks
- Tracking the social media analytics of a business page or account
- Managing fans and responding to queries
- Operating social media campaigns
- Sharing this content with the right audiences
- Keeping an eye on the competition to stay ahead of them
- Scheduling posts
- Coordinating with the marketing team
This fun job can help you earn around $52,000 a year. You can also do this part-time.
If you’re a stay-at-home looking for ways to earn more money, improve your skills, be creative, or revisit old hobbies, then these ideas are perfect for you. Invest some time and energy into these side gigs, and find the opportunity that best fits your skills, interests, and schedule.