If you are thinking of working after retirement, you can start a home business in the comfort of your own home.
Listed below are the top 10 home-based business ideas for retirees:
- Creation of a consulting company. Turn your knowledge into income. Use the knowledge and skills you have gained during your working life and start a consulting business from home. This is just an extension of what you’ve been doing before you retired, so you need to be within your comfort zone.
- Accounting service. Many small businesses cannot justify employing a full-time bookkeeper to maintain their books. If you are an experienced bookkeeper, you can provide such services to your clients from the comfort of your own home.
- Selling at Online Auctions – There is a ready marketplace for just about anything you want to sell at online auctions like eBay. You can start by searching your house, garage or attic for items like used clothing, coins, stamps, crafts that you no longer want and sell them on eBay.
- Online tutoring service. You can provide an academic and non-academic course to help people who are looking for help or information on a topic. You can rate and sell eCourses for Beginner, Intermediate, or Advanced levels. You can also choose to provide the information for free and sell advertising space on your website.
- Real estate / rental agency. If you have a good understanding of the local property market, you can establish yourself in business as a real estate and/or rental agent. You can display the properties that you are selling or renting on behalf of your clients on your website. It then charges its clients an agreed fee or a percentage of the property’s sales price or annual rental value.
- Inventory Service. You can work closely with rental agencies and provide inventory services to landlords and tenants. Your job is to list the inventory on the property and the condition it is in. You can use a camcorder to record the inventory and charge extra if you provide the information on a DVD.
- Web designer. If you can design quality websites, you can start a home-based business to provide a web design service. There is always a demand for a good and affordable web design service as more companies sell their products and services online. Most business owners would rather focus their attention on running their business and leave the web design service to someone else.
- Turn your hobby into a business; For example, if you like photography, you can display your brilliant images on your website and sell your services as a professional photographer. You can travel to your clients’ facilities to take photos of corporate events, weddings, anniversaries and other celebrations.
- You can be a travel guide for tour operators or write travel ebooks. If you have a good local knowledge of a city or a place that is very popular with tourists, you can create a website and write articles about the tourist attractions of the place. You can contact tour operators and offer your services as a tour guide of the city or place. Sell your knowledge by writing eBooks about the city or place and sell them online.
- Care service for the elderly. The growing number of older people choosing to stay in their own homes means that more caregivers are required to care for them. If you enjoy caring for the elderly for a few hours a day to help them with tasks of daily living, then you may want to establish yourself in business as a non-medical home care provider.
Working after retirement helps stimulate the mind and kill boredom. It also contributes additional retirement income to supplement your pension.