According to Paul and Sarah Edwards, columnists for Entrepreneur magazine, home-based businesses are a great option especially if you've been in the working world for a while. They say people as young as 40 may face age-discrimination when it comes to applying for jobs. But on the other hand, ageism works to the ADVANTAGE of business owners, because it's a sign of experience and reliability.
Also, there are financial benefits, too. You don't need to rent office space and you can enjoy some pretty generous tax breaks.
So, if you don't have any ideas of your own, here are a couple of home-based business opportunities that are in demand in today's marketplace. We got this from the Bottom Line Personal.
First: An errand service. There are 29 million two-career couples in the U.S. And most of these families have little time for everyday tasks such as taking their cars to be serviced, waiting at home for repairmen to arrive, or picking up clothes from the dry cleaner. When starting out, most of your business will come from word of mouth.
But you can attract business by posting low-cost flyers around the neighborhood or on community bulletin boards. The average wage for running errands is between $15 and $25 dollars an hour.
And second: A medical coder. These people translate doctors' written diagnoses and lists of procedures into codes that insurance companies use for billing. Most medical coding is done at hospitals and clinics, but outsourcing is becoming more common. You'll have to pass the Certified Professional Coder exam first, which is a 12 to 18 months course, but you can usually take it at a community college. After that, you can contact doctors' offices and hospitals directly to see if they need freelance coders. You can expect to earn $20 to $45 dollars per hour.
If you want to learn more about either of these two home-based business opportunities, as well as others, check out the website Working From Home .com.