Today, more people than ever own digital cameras, making video editing an in-demand service. Best of all, you can offer it from your home office. Companies need professional videos to increase their web traffic, and individuals want life events, such as weddings, captured memorably. They need editing to pull everything together in an aesthetic manner. If you're interested in starting your own editing business, it's best to begin small and work your way up. Start with videos from friends and use free editing software to put the pieces together. Then start teaching yourself how to use professional software. With a few tips, you will be well on your way toward having a successful business. 

Learn All You Can About the Industry

It's important to learn everything you can about editing. While a college degree isn't required, it can be helpful. But it's more important to have technical skills. It might be helpful to take classes to learn the basics of industry level tools. Learn about the most common video editing tools but think about others that might be useful. One of these tools might consist of transcription services with a subtitle generator. When you need to create subtitles, it'll help you automate your workflow to improve your productivity. While no transcription service captures 100 percent of the audio accurately, it's easy to correct anything when you have the right tool. If you want to get some experience, consider volunteering at local non-profit groups. Save the best projects for your portfolio so you can showcase your skills on a website to gain potential clients. As you continue to get more experience, you'll gradually start to find your niche. Successful editors all have target markets instead of trying to be good at everything. 

What Services Will You Offer?

Consider what you want to edit. Perhaps you will work with wedding videos or document other family events. Companies also need video for their sites or social media pages. You can market yourself better if you pick one thing to do very well. If you want to market to businesses, consider adding consulting services, such as introductory videos. Or you might help them market existing videos. Think about whether you can offer hosting for clients' videos and whether you will offer extra footage. Learn the problems of your clients and become the person to solve them. Your equipment needs will vary depending on your clients, so learn their needs before buying big-ticket items.

Making it Legal

You'll want to check with any local governments to see what the regulations are on home businesses before taking on clients. For example, you might have to register the company or pay for a business permit. Depending on where you live, you might also need to collect sales tax on your services. And if you rent, you'll need to check with the landlord if you plan on having clients come to your home. No matter how you decide to go about it, remember to have fun and be creative.