*This post may contain affiliate links. Please read the full disclosure here.
Imagine waking up to see money deposited into your account for a work you once did! This is the beauty of a recurring income business. This can be in the form monthly subscriptions or selling digital products that you once created.
Recurring income businesses paves the way to provide a steady cash flow month after month, creating financial freedom and the ability to spend more time at home than at work.
So for example, if someone where to join your recurring business – costing $30/month – you recieve $30 from them on a monthly basis. Times this amount with the number of clients/customers you get, will allow you to make as much as you can.
- 5 clients would make $150/month
- 10 clients would make $300/month
You can choose to create low end products from $4 to high end ones costing $100 or more.
Recurring Business Ideas
1. PLR Digital Products
PLR digital products are ready made digital products you create for customers to resell. These done-for-you templates and content you’ve created, and are sold to customers who can again resell them as they are, or modified to suit their brand before selling it.
While most digital products you buy online cannot be resold for profit, PLR digital products are different. Customers pay for your subscription, get access to the store and resell them again, retaining all the profits. Its a win for you as a creator and a win for your client who can sell it again.
PLR digital product ideas:
- Workbooks
- Studyguides
- Digital Planners
- Journal Sheets
- Instagram captions and templates
- Pinterest Pin templates
- Online course templates
- Email marketing and newletters
- Media kits
2. Dog Treat Business
This is a fun and profitable business idea for those who like to make money with food. Once you have gained a loyal customer base for this business by selling treats their pups love – you know they are going to be coming back for more.
If you are interested in starting your own dog treat business, even though you have no knowledge of dog recipes or treat ideas – check out this post to find out how you can get started.
3. Remote Bookeeper
In the digital age we live in, almost all online entreprenuers outsource their bookkeeping work. This allows creators time to concentrate on their businesses rather than paperwork.
If you are looking for a high-end recurring business idea, this is one of the best ones in this list.
A bookkeeping job is great for those who are good with number and can handle deadlines. Take a look at this post on how these parents are creating a steady income flow (up to $8,000/month) as remote bookkeepers. They use this online bookkeeping training to start their own bookkeeping business from home.
4. Patreon
Patreon is a website that offers tiered subscriptions for digital creators. So if you have your own Youtube channel, blog or a podcast, you can sell exclusive content to your subscribed audience. From livestreaming, videos, posts, previews, sneak-peeks and much more.
Patreon is free to start and once you grow your audience, you can move on to the paid subscriptions, that offer lower and higher tiers.
5. Substack
Similar to Patreon, but Substack is more written content, suitable for writers and content creators.
It’s the best place to sell subscription based articles, essays, newsletters and opens up topics for discussion.
6. Stock Photo Subscription
If photography is your thing, why not turn that into a side hustle? Start your own stock photo subscription business and get a recurring income every month.
With this business idea, you create photo bundles like:
- A specific color theme
- Food
- Christmas
- New Year
- Seaons – winter, summer, autumn, spring
- Florals
- Boho or rustic
- Office
- Workspace and more.
Create a new bundle each month and add it to your online collection. Every new subscriber will have access to all the bundles available, plus the new ones that go out each month.
Bloggers, online business owners, social media influencers and product creators all need images to run their business.
7. Printable Products
Printables are high in demand these days. Just head over to Etsy and see how popular they are!
Create a set of printables using online platforms like Canva and set up your own store to sell. Alternatively, you can choose to sell them on Etsy, paying a small transcation fee for each sale.
Take a look at this post of 40 popular printables that you can start selling.
8. Sell Online Courses
If you are an expert in any field or think you can create a valuable course, this would be a good option for you.
Some course examples are:
- Photography
- Illustration
- How to start a blog
- How to start a Youtube Channel
- How to knit or crochet
- Digital marketing
- Productivity
These are just some ideas. But you may have a unique skill that is not on the list and is worth expanding into a course. Customers can be given an option to pay for the full course upfront or choose the monthly payment option to spread the cost.
9. Pinterrest Virtual Assistant
With the boom of users on Pinterest, it is no surprise that content creators are using this platform to promote their blogs and online stores.
If you are familiar with Pinterest and enjoy using the platform, you can start your own Pinterest Virtual Assisting business and help clients promote their business.
Here is a free Pinterest VA prep book to help you get started.
10. Subscription Boxes
While this idea has been around for a while now, this is still a popular way to generate sales each month.
You can choose to create any products in these packs like chocolates, kids crafts, books, snacks, coffee or beauty kits.
There are two ways to sell a subscription box.
- Create your own website to sell
- Sell on platforms like Cratejoy which already has a customer base
Read Next: Direct sales companies to sell products from your home
onefinewallet.com (Article Sourced Website)
#Remote #Recurring #Revenue #Business #Ideas