The phrase “home based business” pretty much states what it is all about. Businesses done from the comfort of one's home whether it is service provider or selling products from a home based office can be considered a home based business.
Like any other business models, there is a small cost to start up or an investment. That heavily depends on the type of business one is looking to pursue. A couple of upsides when having your own business home based is that one can eliminate the costs for rent and be close to your family most of the time in the day.
These kind of businesses have been around for many years even before the inception of the internet. Family businesses usually reserve rooms and convert them into stores where people can purchase basic goods. Others offer simple services like dog walking and even babysitting which can also be considered as a home based business. Today, more and more kinds of business are springing out and being carried from the comfort of home.
Nowadays online based business like affiliate marketing, content writing and freelancing can be done comfortably from home because of the advent of high speed internet and state of the art computers. However any kind of business which is small in scale and can be done from home can be considered a home based business.
Some of the most successful companies nowadays all started at home particularly in the garage. Apple Inc. for instance started from Steve Jobs garage and Amazon.com also started at home which is one of the biggest online retailer websites today.