{"id":44322,"date":"2023-06-27T17:12:08","date_gmt":"2023-06-27T21:12:08","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=44322"},"modified":"2025-01-06T13:53:49","modified_gmt":"2025-01-06T18:53:49","slug":"six-figure-income","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/six-figure-income","title":{"rendered":"3 Home-Based Businesses With Serious Six-Figure Income Possibilities"},"content":{"rendered":"\n
\"own<\/figure>\n\n\n\n

There is<\/em> a way for you to potentially earn a six-figure income<\/strong> from a home-based business. And it won’t require joining a multi-level marketing scheme or anything else that feels less than legit<\/a>. How does that sound?<\/p>\n\n\n\n

Keep reading. <\/p>\n\n\n\n

On Home-Based Businesses<\/h2>\n\n\n\n

The legitimacy of home-based businesses<\/a> have been on the upswing for the past couple of decades. <\/p>\n\n\n\n

That means the end is near for the “Stuff Envelopes For Cash<\/em>,” or “Make money from home processing medical bills<\/em>” ads found in your local paper or “Business Opportunities<\/em>” magazine<\/a>. Hopefully!<\/p>\n\n\n

Part of the reason home-based businesses<\/a> have a better image is because of the explosion of remote work. Some of which is pandemic-related. And remote workers have offices in their homes. <\/p>\n\n\n\n

For proof, just think about how many of your friends and family members have home office<\/a> setups. Nice ones, too!<\/p>\n\n\n\n

\"home<\/figure>\n\n\n\n

But which home businesses can you own that can potentially make six-figures?<\/p>\n\n\n\n

<\/p>\n\n\n\n

Check Out These Potential Six-Figure Income Businesses<\/h2>\n\n\n\n

The first business that can be run from home is perfect for couples. And practically anyone who buys a house needs the service you’d provide.<\/p>\n\n\n\n

1. Home Inspection<\/h3>\n\n\n\n

The only people I know who won’t pay someone to do a thorough inspection of a residential property they’re buying?<\/p>\n\n\n\n

People buying inexpensive rental properties. That’s because they generally do the inspections themselves. <\/p>\n\n\n\n

With this in mind, that means about 90% of the people who buy homes pay for inspections. Whoops. I estimated wrong. Here’s the real figure<\/a>. That’s huge.<\/p>\n\n\n\n

As a matter of fact, the home inspection industry is expected<\/a> to do $5 billion in revenue between 2018-2023. <\/p>\n\n\n\n

With that in mind, let’s do some six-figure math. <\/p>\n\n\n\n

If you perform two home inspections a day, 4 days a week (at $350 each), you’re bringing in $2800.00 a week in revenue. <\/p>\n\n\n\n

Multiply that by 52 weeks, and you’re grossing $145,000 annually. <\/p>\n\n\n\n

One person does the inspections, and one person does the books and the marketing. <\/p>\n\n\n\n

And if you hire another inspector who only does one $350 inspection a day x 5 days a week, you’ve just added another $90,000 in annual revenue! <\/p>\n\n\n\n

Good News! You Can Buy A Home Inspection Franchise<\/h2>\n\n\n\n

If you decide to become the owner of a home inspection business, you can do it independently or buy a franchise. Me? <\/p>\n\n\n\n

\"example<\/figure>\n\n\n\n

I’d go the franchise route, as everything you need to get started and keep your business on track is included. Some of the better known names include:<\/p>\n\n\n\n