So you want to start your own small home business? It's not as easy as you think. You will still need to have a budget to start it, since it basically is still a business. Of course, you won't need as much money as you would have needed if you were to start a brick and mortar store out in the commercial district.

Also, SOHO ideas are something that need to be nurtured and you will need to work just as hard. But if you have the time, determination and passion to go through with starting your own home business, then you absolutely should. Here are a few ideas that can help you get started.

• A storage business – Do you have a lot of extra space in your garage and are you confident that you have the right security as well? Then why not turn your huge garage space into a storage area that people can rent out to stow away their valuables? When people travel, they want to make sure that the most valuable things that they can't travel with are still safe and sound. By offering a secure place in your home for a fee, you can start your own little storage business that can eventually grow in the long run.

• Photography – Another great business that is starting to pick up is photography. You can make a lot of money by renting out your services and even your equipment if you have what professionals look for. But the best thing you can do is turn your home basement or your garage into a photo studio. You can then rent out the space to other photographers or give out services of your own that can include family portraits and even ID shots that people may need for all sorts of documents. If you charge them the right amount that is competitive with industry standards, then your chances of success are far greater than you might expect.

• Graphics – It's very difficult to get a job these days and if you are a graphics designer, it's even more difficult because of the stiff competition there is out there. So why work for a company when you can start your own graphics outfit? Have companies or representatives outsource projects to you that you can finish in the comfort of your own home. You only need an Internet connection to keep in contact with the necessary people and a computer for your projects. You can attract a lot of projects if you charge low and this will mean more work and more money going into your bank.

• Freelance accounting – Every business knows just how expensive it is to hire the services of an accounting firm or even hiring a dedicated CPA. But if you hold a degree in accounting, you can also have companies outsource their accounting needs to you. Of course, you will need to establish some trust between a company and yourself so you may want to think of a strategy first. Get to know companies and show them what you can do at a fraction of the going rate for accountants. This will entice them to do more business with you and perhaps even refer other businesses to you as well.