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Growth Of The Home Business - Home based Business
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Given the immense growth of the real estate market over the past few years, there are a lot of new businesses associated with homes. Home designing businesses are becoming increasingly popular. One of the largest growing new businesses is Interior Design. According to recent studies, there are around 60,000 interior designers in the United States, more than two-thirds of them are self employed.

One of the best new business ideas in the home design area is interior redesign. This business is only for an entrepreneur who likes interior designing and is good at putting things together. An entrepreneur in the business of interior redesign should be good at mixing colors and textures. Although, the concept of interior redesign has been around for several years, it has only now caught on as new concept business.

The business of being a professional organizer is also a relatively new. Professional organizers cut through the clutter in people's homes and businesses to help them live simpler, more organized lives. There are not too many people in this new concept business at the moment. However this industry does look poised for growth. Another new concept business that is beginning to pick up is the business of restoration and preservation. An entrepreneur engaged in this business does need to know conservation techniques as well as the basics of carpentry, masonry and electrical wiring.

An entrepreneur engaged in this new concept business could also specialize in one area of restoration such as restoration of Victorian furniture or vintage paintings. Another relatively new business concept that is picking up is the faux painting. This involves painters applying decorative finishes to walls, ceilings, floors, furniture and accessories.

The advantage of a new concept business that can be operated from home is that it keeps the overheads low. In addition, an entrepreneur of this business does not have to worry about the cost of renting or buying a property. Finding seed capital for a new concept business may be harder than traditional businesses. An entrepreneur of a small business could apply to the Small Business Administration for funds and micro loans. Sometimes, finds from family and friends is sufficient to open a new home business.

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