Business Advice

The 5 Best Business Ideas for Stay at home Moms

best business for stay at home momsStaying at home can be both rewarding and guild causing. Rewarding because you are staying home and raising your children and taking care of the home. Guilty because you may feel that your are not contributing to your family financial well being and you see all your friends who work and have all the benefits of an extra income. 

Starting a home-based business is a great way to do just that. Not only will you be able to bring in some extra money, but you’ll also get to stay at home with your kids. There are a lot of different businesses you can start as a stay at home mom, so you’re sure to find one that’s perfect for you. Here are a few ideas to get you started:

Starting a business as a stay at home mom is a great way to earn some extra income and still be there for your kids. So if you’re feeling entrepreneurial, why not give it a try? You might just surprise yourself with how successful you can be.

Table of Contents

What are the best 5 business ideas for stay at home moms

The best business ideas can be broken into two distinct categories. One, a business that you build and create an asset for yourself to build up and maybe sell overtime. Two, a job where you work for another company supporting them from your home. 

1. Start a blog (The Best)

I really think starting a blog is one of the best things you can do to generate some income and have an asset to sell if you want to. If you love writing and sharing your thoughts, then starting a blog could be the perfect business for you. You can write about anything you want, from motherhood to fashion to current events. And the best part is, you can make money through advertising and sponsored posts.

  • Generate revenue through ads – this is easiest one. All you do is create content that provides value to others. It can be about your own life or your children, or it could be about something you are passionate about like gardening or crafts. 
  • Get paid to recommend products – aka (affiliate revenue) Here you drive readers to your blog either through content or paid ads and then you recommend products that you are passionate about. Every time you recommend a product and someone either buys it or signs up for trial you get a small commission for recommending the product. There are affiliate programs for almost any type of product that you are passionate about would like to share with your readers. 
  • Promote your own products – Maybe you have a line of soaps or interior decorating ideas that you would like to promote. This can be a great way to monetize your blog. 
What makes a blog so good is that after you are done generating revenue from your blog and you want to move on to other passions, you can sell your blog if it is generating revenue. Right now the going rate is anywhere from 34X to 50X of your monthly revenue. For example if your blog is bringing in $2,000.00 per a month it could be worth anywhere from $60,000.00 to $100,000.00. This really is amazing, I mean not only are going to be able to make money from your blog each month, you are building something up to sell when you are done with it, you could double or triple your money. 

Pros

  • Income is unlimited
  • Easy to start
  • Does not take a large investment to get started
  • No inventory to carry
  • You can work on it when it fits in your schedule

Cons

  • It can take a while to start making money
  • The income is not consistent every month

3. Start a online shop (runner up)

If you’re crafty and enjoy making things, then why not start an online shop? You can sell everything from jewelry to clothes to home décor. And the best part is, you can do it all from the comfort of your own home.

There are lots of products you can sell through your online shop. 

  • Candles
  • Jar goods – Like Pickles and Jellies 
  • Quilts
  • Handmade crafts – like vases, cutting boards, or child products
  • Hand grown food – like veggies or eggs that are responsibly sourced
  • Flowers from your garden
  • Photos that you can copyright 
 If you have product to sell starting an online store is the best way to sell it. The store is always open and your customers can always find you. 

Pros

  • You can generate revenue from a passion
  • Easy to start
  • Get paid for something you enjoy building
  • You can work on it when it fits in your schedule

Cons

  • You will need to run paid ads to start generating revenue to your store
  • The income is not consistent every month
  • You have to keep inventory on hand

3. Start a FBA store or drop shipping store

Drop shipping is a business model in which ecommerce entrepreneurs sell products without having to carry any inventory. When a store owner receives an order from a customer, they simply contact the supplier, who will then ship the product directly to the customer’s door. Drop shipping is a great way to start an ecommerce business with low overhead and high potential for profitability. In many cases, drop shippers can start their business with little to no money up front. Because drop shipped products are shipped directly from the supplier to the customer, there is no need for the store owner to pay for warehousing or storage space. This lack of overhead gives drop shippers a significant advantage over traditional brick-and-mortar businesses. Additionally, drop shipping allows store owners to offer a wider range of products than they could if they were carrying inventory themselves. By partnering with multiple drop shippers, an ecommerce entrepreneur can build a comprehensive online store with few limits on product selection. Finally, drop shipping is a very hands-off business model; once an entrepreneur has built their store and established relationships with suppliers, they can largely set their business on autopilot and focus on other projects. For these reasons, drop shipping is an increasingly popular option for those looking to start their own ecommerce business.

Drop shipping is different from your own online shop because your are not creating the product. All you need to do is find products that are trending and source a supplier for the products. Start running some ads and fulfill the orders. 

Pros

  • You do not have to carry inventory
  • Easy to start
  • Very scalable
  • Is a easy business model to sell

Cons

  • You will need to run paid ads
  • The income is not consistent every month
  • Profit margins are not very good per a product

4. Become a Freelancer

Freelancing is a great way to earn money and have a flexible schedule. Freelancing can be done in a variety of fields, from writing to design to programming and freelancers are often able to set their own rates and work as much or as little as they want. 

If you have the skills freelancing can be a great way to get started in your career or to make some extra money on the side. There are a few things to keep in mind when freelancing, such as making sure you have a contract and being professional with clients.

Pros

  • Work at your own pace
  • Good profitability
  • Very scalable
  • Fits your schedule

Cons

  • Can be hard to find your first clients
  • The income is not consistent every month
  • You are not building an asset to sell

5. Work from home as VA

A virtual assistant is a digital assistant that helps with a variety of tasks, including scheduling appointments, sending emails, and managing social media accounts. They can be used for personal or business purposes, and they can be hired on a permanent or part-time basis. While virtual assistants are often associated with technology-related tasks, they can also help with more traditional administrative tasks, such as data entry and customer service. Virtual assistants are becoming increasingly popular as businesses look for ways to reduce costs and boost efficiency. In many cases, virtual assistants can provide the same level of service as an in-person assistant at a fraction of the cost. 

Pros

  • Work from home
  • Get paid more per an hour
  • No commute

Cons

  • Cannot set your own schedule
  • You answer to a manager
  • You are not building an asset to sell

Frequently asked questions

Why you should consider starting a business as a stay at home mom?

While there are many reasons to consider starting a home based business. One of the most compelling is that it can allow you to stay at home with your children. If you’re a stay at home mom, starting a home business can give you the opportunity to earn an income while still being able to care for your kids. And because you’re working from home, you’ll have more flexibility in your schedule to spend time with your family. Additionally, starting a home based business can be a great way to supplement your family’s income. Whether you’re looking to make a little extra money each month or you’re hoping to eventually replace your full-time income, a home business can give you the financial security and independence you’re looking for.

What business Ideas can you do at home

The best business ideas you can do at home are the ones that have the best potential for making you money. Like blogging, starting an online store, or becoming a freelancer. 

Which home based business is the most profitable?

The most profitable home based business right now is blogging or starting your own drop shipping website. 

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