3 Apartment-Based Business Ideas

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3 Apartment-Based Business Ideas

Staff Writer · May 3, 2010

Launching a full- or part-time apartment business is a great way to make a living. Running a small business gives you the best opportunity to gain financial freedom, pay off your debts and have the freedom and flexibility to live your life. That’s not true when you’re working for someone else. You don’t have to be a homeowner to get started or to take advantage of the many tax benefits for running your apartment business. Here are 3 proven apartment-based business ideas that you can try:

1. Freelance Writing

One of the most popular ways to make money online is to work as a freelance writer. Website owners and small businesses need a way to drive traffic to their websites. In order to do that, they use articles, ebooks, blogs and other written material to gain interest from readers and to rank high in search engines. Someone has to do all that writing, and that can be you. Many freelance writing jobs pay a flat rate per article, either $0.01 to $0.03 per word (for beginners) or $4 to $15 per article, depending on the length and the company you work for. You can find freelance jobs on many websites, including freelancewritingjobs.com.

Landing freelance writing jobs is competitive, and you’ll need to have a couple of writing samples ready to submit to potential employers. Sometimes you’ll have to write an original writing sample, as a test, based on the topic the company provides. It is possible to earn $2,000 or more per month as a freelance writer. The toughest part is getting your foot in the door, but once you do, you’ll have an easier time getting hired for new jobs. You also have to apply for as many jobs as possible to increase your chances of landing one.

2. Mail-Order Business

An old school business idea that’s still relevant and successful today is a mail-order business. Find products you want to sell to customers, either ones that you create or ones created by others. You can market the products on a website, in a catalog that you create or by placing ads in magazines and other resources that will catch the eye of potential customers. Some products that work well for a mail-order business are:

  • Books
  • Movies and Music
  • Vitamins and dietary supplements
  • Newsletters

Small items work best for a mail-order apartment business so that you don’t run into storage space issues. If you do, you can always rent a self-storage unit, and you may be able to deduct the rent you pay on it when you file your taxes. You can market your products on Amazon.com as an individual seller or open your own Amazon store when your business grows.

3. Pet Walking Service

If you live in an apartment community that allows pets, you may notice a need for a pet walking service. Your fellow tenants may be too busy to walk their dogs when they should, or they might have an awkward work schedule that makes it difficult to do it on a regular basis. Offer a pet walking service to your community, where you commit to walking pets on a schedule that you come up with. You can charge a flat rate or an hourly rate for your services.

These are just a few ideas for an apartment business that are easy to start with little money.

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