Home With Your Children? You Can Still Start a Business

Parents who stay home with their children may have different career paths than those who work outside the home. However, you can still find lucrative and satisfying work — and it doesn't have to be based on e-commerce. This guide can help you balance starting a business while caring for your family.

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Work From Home Businesses

1. Tutoring
2. Pet Care
3. Event Planning
4. Setting Up Your Business
5. Preventing Cyber Attacks

 

Tutoring

Are you helping your children with homework? Maybe you should get paid to help other kids with theirs. Tutoring can be a great part-time job for stay-at-home parents. It's easy to get started quickly without spending a lot of money.

 

You can tutor in your home, at your students' homes or in a library. With the increasing accessibility of videoconferencing, you may be able to work virtually.

 

Tutors aren't required to have a degree or certification. You just need to know the subjects you tutor and explain them in a way students can understand. Tutors can earn $10-$75 per hour depending on the subject and education level of the students they instruct.

 

Pet Care

If you love animals, starting a pet care business can be an excellent way to earn money. You can determine the scope of services you offer and the distance you're willing to travel.

 

Your business can encompass a range of services, including:

• Grooming
• Walking
• Obedience training
• Daycare
• Boarding services

 

According to estimates, pet sitters earn a national average of $15 per hour. However, your fees can vary. You could charge $25 for a 30-minute visit to the client's home to take pets outside and play with them. Customers may expect to pay $20-$30 per hour for grooming services. If you board cats or dogs overnight, you may choose to charge $50-$75 per night.

 

Event Planning

Are you good at scheduling and coordinating? Are you a great negotiator? Do you enjoy making connections in your community? An event-planning company may be right up your alley.

 

A background in business, communications, marketing, or hospitality can benefit and inform your freelance career. However, your portfolio is one of your best marketing tools. Start with smaller events to get experience, then move on to larger ones.

 

Setting Up Your Business

Before you can open your doors for business, there are a few important things you need to do to get your business off the ground. You will need to register your business with the government. This will involve filling out paperwork and paying any required fees. You’ll also need to develop a go-to-market strategy to sell your products or services. It’s also important to come up with realistic financial projections to determine whether you need outside funding to get started.

 

Preventing Cyber Attacks

As the world becomes more connected, businesses are increasingly at risk of cyber attacks. Hackers can gain access to sensitive information, causing financial damage and reputational damage. There are a number of steps businesses can take to reduce the risk of cyber attacks and improve IT security, including implementing strong password policies and encrypting data. In addition, businesses should provide employees with training on security best practices and make sure that all software is up-to-date.

 

Balancing Work and Family

Running a household is hard work by itself. Add in a career, and things get more hectic. It's essential to think about work-life balance once you start your business. While you may need to make work a priority occasionally, be sure to schedule family time. A few suggestions may help.

 

• Set a time to stop working for the day. Once you reach it, resist the temptation to finish one more task. Devote your time to your children instead.
• Let your kids help when they can. Ask them to suggest easy-to-fix meals, for example. Older children can help cook or watch younger siblings while you make a phone call or wrap up a virtual meeting.
• Be sure everyone maintains a healthy routine. Exercise, nutritious snacks, and plenty of sleep keep everyone functioning at their best.

 

Starting a business can bring in revenue for your family while giving you an outlet for your talents. Your children can benefit from the positive example you set by showing them it's possible to work toward your dreams.