If you want to work from home and spend time with your family, a passive online business may be the best way for you.

Before anything else, let us define an online business. An online business is a business done through the internet. It has become more popular since the late 90’s given that we are currently in the information age.

The internet has lowered the barrier to entry to create an online business. We don’t need to have a big capital to open an online business nor do we need a big space. If you have a unique product or idea, you can find a way to sell it online.

Here are some examples of online businesses and how they make money: