The Most Profitable Home-Based Businesses

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Securities and Commodity Brokers
Average Pretax Profit Margin: 14%
Competition from E*Trade and Charles Schwab is stiff, but trusted brokers able to develop a book of business by giving financial advice (not simply executing trades) can still do well. All it takes is a computer, a speedy Internet hookup and some trading software from Automatic Data Processing. Typical commissions: 2% to 3% of the value of each trade. First, though, you'll need approval from the Financial Industry Regulatory Authority. Required paperwork includes a business plan, a trial balance sheet and monthly projections of income and expenses. Registration fee: about $5,000, depending on the types of securities you're dealing. If you haven't already bagged your broker's license, get ready for a series of exams, including the six-hour Series 7 Exam and perhaps the Series 63 or 66.

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