Do You Need a Degree For a Home-Based Business?

You don’t need a degree to launch your own home-based business, but if you do earn one, you can earn far more than someone without a degree. As you think about your career, you should also think about your lifestyle. After you get your degree, do you want to start your own home-based business or work for a corporation?  

Don’t fall into the common trap of assuming that getting a degree and working from home are mutually exclusive ideas. You can, in fact, enjoy the best of both worlds. Naturally, some degrees are more compatible with working from home than others. For instance, there is no reason you can’t work from home if you get a degree in graphic design, in a field of writing, or in bookkeeping,  accounting, or auditing.

A Degree in Graphic Design 

You can work for a wide range of industries after you get a graphic design degree

Industries that hire graphic designers: 

• Advertising. 
• Marketing. 
• Cinematography. 
• Technical photography.
• Photojournalism. 
• Web designers. 
• Wedding photographers. 

If you want to start your own business, you can open up your own studio or work from home as a freelancer. According to the Bureau of Labor Statistics, the national average for graphic designers is $24.21 per hour or $50,370 per year.  

A Degree in Writing 

Although you don’t need a degree in a specific field of writing to help marketing directors or website owners create content strategies designed to increase traffic to their online businesses, you will have an edge over a self-taught writer.  

You will be able to attract more clients from your advertising and promotions because your degree proves you’re formally trained in research, composition, grammar, and other technical aspects of writing well. It’s also worth noting that a degree in journalism, English, or creative writing will help you create high-quality content quickly and consistently, you will be able to steadily build up a loyal clientele. 

Industries that hire writers: 

• Advertising. 
• Marketing. 
• Online media firms. 
• Website owners. 

Work professional writers do: 

• Books. 
• Textbooks. 
• Technical manuals. 
• Magazine articles. 
• Blog posts. 
• B2B writing projects. 
• B2V writing projects. 
• Song lyrics. 
• Greeting cards. 

The most profitable projects are fiction writing, songwriting, and copywriting. 

According to the Bureau of Labor Statistics, the national average for writers and authors is $29.89 per hour or $62,170 per year. 

A Degree in Bookkeeping, Accounting, or Auditing  

If you like working with numbers, consider getting a degree in bookkeeping, accounting, or auditing.  The higher your level of education, the more you can earn. You could start with an associate’s degree and later earn a bachelor’s degree. You could also specialize in a specific field to earn even more. For instance, you could specialize to become a financial advisor, environmental accountant, forensic analyst, or forensic accountant. 

You can do contract work from home for clients, rent an office, or get a corporate job that allows you to telecommute. According to the Bureau of Labor Statistics, the national average for bookkeeping, accounting, and auditing clerks is $19.35 per hour or $40,240 per year. 

Today, millions of people work from home as freelancers or telecommuters. Working from home eliminates the daily commute and the stress of close oversight.  As someone who works from home, you’ll be able to maintain a work-life balance. 

While it’s unnecessary to get a degree to work from home, it can make a huge difference to your income.  First, new clients will immediately recognize your expertise. Next, you will know how to do the work quickly and professionally. Last, you will be able to continue to increase income as you advance your professional development.

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