Remote businesses have been thriving long before the start of working from home due to the pandemic.
The reason behind their popularity is that they allow business owners to have a better work-life balance, cut their operational costs, generate more profit, and most importantly, allow them to work comfortably in their own environment.
If you are thinking of starting a remote business, this article is for you!
Before delving into a remote business, we first need to understand what remote working is and how it works.
Remote working is working from home, away from the employer, and outside the office.
In situations where people remotely work, they don’t have to commute to their jobs or sit in an office building all day waiting for the clock to strike five and leave.
There is no central workplace where the employee is located.
Most of the time, remote working means working from home.
This style of working has developed and become more common since the advent of the internet.
Technological advancements throughout the years have also opened a much bigger network for remote businesses.
In today’s world, we conduct most of our meetings online, over the phone through calls and text messages or emails, allowing employees to work efficiently from their positions, even if it is from their couch.
With the pandemic’s last longing effects, remote businesses are increasingly popular and, in some cases, the best option.
Presently many individuals in society are getting on board with the idea of remote businesses.
This growing interest is because working from home allows people to live a much more comfortable life due to a personal and familiar work environment.
They tend to have a better work-life balance, and they do not have to spend their income on any travel costs.
Although you are working from home and might not have access to the resources an office environment provides, there are thousands of different types of remote businesses and remote business ideas doing extremely well.
These remote businesses include:
One job that has proven very popular over the years is blogging. Social platforms such as Instagram, Facebook, TikTok have grown and developed substantially over the past few years.
The tools and skills for content creation are much easier to handle by groups of all ages.
The blogging world is providing opportunities for many creators to work from anywhere and anytime.
Whether you are on a trip to Greece or visiting your favorite restaurant in London, individuals can now explore videography, photography and create a blog that acts as an informational website on the internet.
Creators make videos from anywhere and post online, receiving views, likes, and followers, enabling their social media accounts to grow and reach a wider audience.
Therefore, blogging through social media can be a strong source of income when the website or account grows.
Sponsors reach out to social media bloggers and pay them for their content.
Some companies promote their products and services through popular social media bloggers, including skin care items, cooking utensils, travel packages, home decor, and clothing.
Through blogging, the general public is connected to big brands through social media blogs run by bloggers from either the comfort of their home or anywhere else in the world.
The bigger your following is and the more people you can reach through your content, the more brands and companies will want to work for you and the higher your income will be.
Content writing is a great idea for a remote business.
If you love to read, write, and research topics, this is an excellent way to make money while working from home.
Multiple companies hire remote writers to write for their company blogs so that the products and services they offer reach a wider audience and so they can generate more business.
Companies use such specialized content as promotional and informative material on their websites, social media platforms, and blogs.
You can apply directly for remote writing jobs on multiple job boards or create your own website, develop a writing portfolio and reach out to companies yourself!
This is a great remote business idea because there is absolutely no additional cost to run this business.
Of course, you can invest in training or certification to develop your skillset, but it costs absolutely nothing to write an article and send it off to a company.
Another benefit is that you can write and do all your research from home while you sit on your bed with a hot cup of coffee.
You do not have to commute to work at all.
Instead, you can hold meetings over a video conference and email your work once you are through.
Over the past two years, online teaching has taken over in light of Covid-19.
Online tutoring has become very popular as it allows one-on-one teaching and can be done over video conferencing apps such as zoom.
Many individuals find it easier to carry out the teaching online, especially when the student is living thousands of miles away.
For instance, giving online Spanish classes from Spain to someone in the United Kingdom eliminates geographical constraints and provides a larger client base.
It gets rid of commuting and transportation costs, provides a private learning environment and more flexible hours to work.
The resources as well that one would require as an online tutor are minimalistic.
Additionally, many people have started offering fitness and cooking classes online due to the social distancing requirements in their respective countries.
This has become extremely popular as your only cost will be camera equipment, and you do not need to worry about renting a studio or a gym to record your videos.
You can simply conduct a class from your home, garden, or park.
A passion for food is one that many share today.
Preparing food at home and selling it to customers is increasingly popular.
Cooking in your kitchen sounds less pressuring, and taking orders based on your timetable sounds amazing too.
The catering business has shifted from restaurants to homes.
Thousands of individuals who have a passion for food, cooking, baking, or are and out chefs can take advantage of working from home and catering for events or parties.
This creates a considerable financial avenue.
Again, you do not have to rent a kitchen and can easily work on your terms and create the perfect working environment for yourself.
You could also offer a pick-up service as well for small-scale events so that you reduce your transport/delivery costs.
Social media is a key part of every business marketing and growth strategy.
Keeping up to date with trends and posting eye-catching content that racks up views, likes and followers is crucial to a company’s business as it contributes to branding and reaches a target audience.
Therefore, the role of Social Media Managers has become extremely important in recent times.
Companies are interested in employing Social Media Managers to oversee their public interactions, provide a positive brand image and analyze customer engagement data.
As the role is extremely social media-heavy, most Social Media Managers work remotely either as an employee of a company or as their own business, offering services to multiple clients.
Social media management can be done anywhere and anytime as long as you are a creative person with a good internet connection and a laptop.
If you are bilingual or fluent in two or more languages, you can easily start a business as a translator.
The world is becoming even more globally connected with companies opening offices in different countries and representing clients from completely different parts of the world.
Here is where translation services are extremely important.
Translators and interpreters are needed across various sectors, including professional services, foreign relations, education, to name a few.
All you need is your laptop and a good internet connection to attend meetings and translate in real-time or send back documents after translating them.
Your only cost there might be some training or certification as it sometimes helps in getting clients.
However, this is only a one-off payment and an investment in your business.
A personal shopper is someone who is paid to help another buy new products.
This assistance can be offered in person by accompanying them to shop or by shopping on their behalf.
Personal shoppers are responsible for recommending products to their clients and then purchasing the ones their clients like.
Therefore, personal shoppers need to understand their clients and recent trends, products, and services that their clients might be interested in.
While personal shoppers can be employed at department stores and boutiques, some work from home and work as independent contractors and have started their businesses.
Most personal shoppers charge hourly rates for their assistance to customers.
If you are affiliated with a business that sells certain products, you can earn a commission for any specific items you help sell.
Being a personal shopper does not require going to work at all, as you can simply carry out all your market research and communications with your client from the comfort of your home.
A subscription box service is a recurring delivery of niche products through product distribution and marketing.
Suppose you plan on offering a subscription box service.
In that case, you can build a stable financial model with a recurring monthly revenue depending on how many customers you have.
The subscription box can range from any theme, including stationery, crafts, toys, beauty products, books, and even funky socks!
All you have to do is create a website and develop a marketing strategy for your service, select and order what items you want to include, package them into a box, start taking orders and send them off.
There’s no need to have an office space, and depending on how many customers you have and how your business grows, you can easily use your room to pack or any other free space at home.
If you are looking to open an online store, dropshipping could be an extremely easy and efficient way for you to do so!
Dropshipping is a business model where you can sell products from third-party suppliers or wholesalers online.
The biggest advantage is that you do not need to worry about storage, warehousing, or managing any inventory or customer orders as it is all done by the supplier.
The main job of a drop shipper is to advertise and create an eye-catching and easy-to-use website that attracts customers.
You can start your dropshipping business by first picking a niche in line with your interests and consumer demands.
Next, try and calculate the potential margins you can earn based on your target audience.
After that, you will have to figure out your branding to stay competitive and set yourself apart from other drop shippers.
Lastly, you will have to name your store and set up the website.
App development is becoming an extremely popular and profitable remote business to start for tech-savvy and innovative entrepreneurs.
If you are an experienced coder and can develop an innovative and unique app, you can start making money as an app developer.
The same goes for website designers and developers, especially in today’s social climate.
Most customers prefer online shopping instead of going over to the physical store, which is why it is crucial for you to have an attractive and easy-to-use website that has a strong online presence and can engage customers.
Remote businesses are becoming the new normal with companies cutting back on their office space and focusing more on hybrid working.
Not only are remote business an attractive option for owners as save money in terms of operational costs but they also work for employees as it improves their work-life balance.
There’s no better time to start a business as technology has also made it much easier to communicate with teams and manage workflow.
But that now means that you should start considering which jurisdiction is best for a remote business.
Some jurisdictions are very friendly to remote businesses by also being a remote process of opening a business.
Hong Kong provides many benefits to companies even if they are not located in Hong Kong.
Register your remote business with Air Corporate today and get approved in under 48 hours.
Remote businesses have been thriving long before the start of working from home due to the pandemic. The reason behind their popularity is that they allow business owners to have a better work-life balance, cut their operational costs, generate more profit, and most importantly, allow them to work comfortably in their own environment. If you […]
Currently, retail investors are allowed to purchase and trade cryptocurrency in Hong Kong. However, cryptocurrency is considered a virtual commodity and not legal tender. Because of this label, there is still a lot of grey area when it comes to the crypto market in Hong Kong. Despite this, the comprehensive rules that have governed cryptocurrency […]
The position of a director within a company is possibly one of the most vital administrative roles of the business. Your company director’s performance will have a direct effect on how efficiently the business is run. It’s incredibly important as an owner to ensure that your company director shares the same vision and work ethics […]