This is the same old question. I want to discuss truly viable options for home businesses.
There is bottom of the barrel stuff like in home computer repair. And all the way up to MSP services or even custom application programming.
The situation is that I have a family and kids and not really interested in hugely risky business types. I live in a small-ish town of 40k people with another town 20 miles away with another 40k people. The type of business I do can't depend on living in huge cities to make it work.
I am skilled at the intermediate level in many different things such as web design, programming, IT, and graphics. Freelance work is often on my mind for example.
I mainly want to discuss options for a single-owner IT business. What can I do that has potential for good income and is sustainable by a single owner? I don't think I have the temperament for herding cats so I don't really want 5 or 20 employees to manage. An accountant and personal assistant/secretary is just about enough for me. That said, the business(es) needs to pull in anywhere from $60k to $150k.
I think computer repair is low hanging fruit. People buy $399 computers from Walmart, they don't want to pay $75/hr to move icons around and install printers. Most of my time is waiting on slow internet connections and slow computers to catch up. I feel like every in home job I do is a rip off. It's 20% work and 80% waiting for their Walmart special to catch up.
MSP is overreaching for me. It's more than I want to chew. It's the type of thing where, even if I could find some businesses to do this for, I would be limited to servicing everything myself, and thus could only have a few clients in the first place. One lost client could represent a huge chunk of income, which is risky.
Somewhere in the consulting space is where I see myself. Consulting has a specific niche though. If a business is large enough or complicated enough, they will have their own IT staff already. If the business is a cut-n-paste business, they already have an IT blueprint and use local providers.
The niche is small businesses without IT staff who don't lean on local providers, and yet have the funds and need for IT services.
In a small town, this niche may be hard to find? I'm not sure.
If a company "needs" IT services, you'd think they would have found it already. Either that, or computer stuff is easy enough to find and buy, setup, or rent online, that they rarely need IT in the first place.
I see mom-n-pop tech shops open and close regularly in this town. One week I'll see a car driving around some slogan pasted on the window "Call Bill's Super Deluxe Nerd Shop Today!" These companies are fly-by-night. I think home-based servicing is almost dead. Computers are fairly reliable, and when they die, you get a new one for $399. Plus people are going to iPads and phones for a lot of stuff. Most of my in-home stuff people only use them for email and printing things and shopping sometimes, etc.
I'm looking for actual viable businesses that will work for single-proprietors in smaller towns that are known for being successful for the most part.
This is likely going to involve a combination of local work, freelance work, and maybe even running smaller businesses on the side (think like gumball machine route, etc), anything easy that turns an ok profit without a ton of work.
I'm curious what some of you do for a living if you are in this situation. I know only a handful of you that are part of MSPs or what have you, but otherwise I'm curious what many of you do.
Is the in-home IT business dying too? Am I better off trying to work for a large company? Beside mom-n-pop "computer repair" companies, what else can a guy do?