What are home businesses that retiree can start on low budget?

1. Coaching and Consulting
Being a part of the workforce for all those years has packed you with numerous skills and immense knowledge. An ideal way to keep utilizing your skills in retirement is to coach those who need that knowledge. The most notable benefit of consulting business is that you can do it entirely from home through Skype and online conferencing.
It’s also possible to handle the business side from home and meet the clients at their place or a local cafe. You can coach private individuals (like life coaching) or professionals (such as developing interview skills or success tactics). For consulting, you will mainly focus on increasing sales or team efficiency. It’s usually better to handle such tasks in person. However, thanks to technology, advising through video conferencing is also a valid option. You can find referrals using your network or offer your services to a former employer to start a business.

2. From Hobby to Business
If you don’t like what you do in your working days, try turning your hobbies into businesses. Do you like gardening? Consider starting a gardening business or creating online courses or books about gardening. How about baking? Try a home-based cooking business. Do you enjoy photography?
Consider selling your photos online or starting a home-based photography business.
Almost any hobby has the potential to develop into a business:
• Does your hobby involve having a product (or service) to sell?
• Is it possible to teach others how to do the hobby? Try both live and online courses.
• Can you create a book or an email course providing info about the hobby? You can make money from advertising and affiliate marketing.
Starting a podcast or a blog would be a terrific start. To turn a hobby into a job, you must figure out the right aspects to advertise. Look for aspects that entice people to spend money.