first steps to starting a business | how to open a new business

Welcome to Texas! Sole proprietorships and partnerships can move easily. Usually all that is required is to file an assumed name certificate or d/b/a (“doing business as”) in Texas. Moving an entity, such as a corporation or a limited liability c…
These companies will do the rest of the digging for you (federal, state and local) and send you all the necessary applications in a tidy bundle, along with helpful instructions on how to fill them out.
Intrep Sales Partners hires U.S. home-based sales consultants for appointment setting, lead generation, list acquisition, script development, admin support and database management. Has an A+ rating with the Better Business Bureau.
Get a post office box for your business. This is especially important if you have business cards or will be regularly corresponding through the mail. The simple fact of the matter is that PO boxes look more professional than using your home address.[8]
I’ve been getting so much feedback with great business ideas from my community and in the comments, so I frequently add to this post. If you have side hustle ideas you’d like to share (or personal experience with a side hustle of your own), please add to them in the comments below!
What is a Statutory Agent? A statutory agent, also known as a registered agent, is a person or business that agrees to send and receive legal papers on behalf of your LLC. Such papers include service of process of legal action (if you are sued) and state filings.
Manage your running costs. Keep a close eye on your running costs and keep them in line with your projections. Whenever you see something spent wastefully—like electricity, phone plans, stationery, packaging—look around and estimate how much you really need, and minimize or remove the cost in every way possible. Think frugally when you start up, including renting items instead of purchasing them and using pre-paid plans for services your business needs instead of locking yourself into long-term contracts.
Another way to hold onto your competitive edge is to stay proactive. If you know that your business is going to face challenges or encroachment by a competitor, don’t wait to react — plan ahead and you’ll stay ahead.
Register the assumed business name with the County Clerk. If you’re going to operate your business as a sole proprietor and you’re not using your complete legal name (First and last name) as your business name, you will need to register your business name as an “assumed name.” This used to be called DBA (doing business as); however, it in now referred to as assumed name.
#39 – Book in a Box – This company has virtual posts for various positions that pay $20 per hour. The company occasionally looks for editors, book jacket designers, and proofreaders so you have to keep tabs on the company site to see if there are any openings.
Textbroker – Read Review – Open to US and some other countries. Pay depends on your star rating when you apply. Pay ranges between a seventh of a cent per word and five cents per word at the highest level. Pay is weekly via Paypal provided you have at least $10 in your account.
Banks levy varying charges. For a business startup, these can amount to a substantial sum for a bank-dependent operation. Always confirm the requirements and charges beforehand. Do not choose a bank based on only the reputation.
Consider finding an attorney or other legal advisor. There will be many hurdles to leap as you go from working stiff to overworked and underpaid small business owner. Some of those hurdles will be composed of stacks of documents with rules and regulations, ranging from building covenants to city ordinances, county permits, state requirements, taxes, fees, contracts, shares, partnerships, and more. Having somebody you can call when the need arises will not only give you peace of mind, it will give you a much-needed resource who can help you plan for success.
Ensure that your chosen name is available. In order to register your LLC with the name you’ve chosen, you must search to make sure that the name is available in the state where you plan to file your LLC. To check name availability, you must look through the secretary of state’s database of registered names.
Get your personal credit in the best shape possible. Start by visiting AnnualCreditReport.com to get free copies of your three personal credit reports. If you apply for a business loan or credit card, lenders will evaluate your personal credit. Follow the steps required by Experian, Equifax or TransUnion, outlined on their websites, to challenge any incorrect information on your credit reports.
I really like the idea of the outdoor deck business. I envision beautiful wood, wonderfully stained and maybe an attractive awning or roof. Outdoor furniture could be beautifully made out of wood too!
The big problem for many of us is that working a full-time job makes it too exhausting to even consider trying to find an alternative outlet. Many of the world’s most successful entrepreneurs struggled with this when they wanted to start a business for the first time while they still had a day job.
Hi, I am really trying to start my own trucking company doing hot shot services. I know plenty companies that would let me handle their needs but with the cost of living being so high in the city it makes it so difficult to save money to get started with bills and child support. If anyone knows anybody that could help me get a small business loan I would gladly appreciate it.
If you had a knack for standardized tests and had no trouble acing the SAT, ACT or other college exams, why not start tutoring high schoolers as a side business idea? Parents of all economic backgrounds are more than willing to shell out upwards of $100/hr to the right tutor, if it means their son or daughter will get admitted to the college or university of their choice. See this quick checklist for starting an SAT tutoring business from the Work At Home Mom. Whitney over at Rookiemoms also has a cool story to share about a stay-at-home mom making $40/hr helping kids out with homework and turning it into a profitable side business idea.
You don’t need to have a degree in journalism to be a reporter these days (and pursue this business idea). Plus, there are many news websites that can always use a bit of help on getting local coverage. Some of them, such as The Examiner or HuffPost, will compensate contributors based on ad revenue generated per article written—a great incentive to provide compelling content to news organizations as your side business idea.
You can make a room in your house into a photography studio, but you’ve got to get out to promote your services or do some clever marketing. Doing photography for groups (typically at their location) is one way to get going. Another is to develop a specialty (such as children’s portraits).
This seems like a fun and easy business and it can be very rewarding. However, it is very competitive and can be hard to break into. Interior design is also increasingly sophisticated, with software design simulation and specialized educational backgrounds becoming more common.
What a great business. It’s like an apartment building without people, without running water, without heat and without electricity! In other words, money flowing in without the headaches! And with today’s sophisticated lock and security systems, you may be able to operate this business without any staff onsite.
On top of just the skill and experience components to being a successful online coach, this side business idea is all about building a community around the help you’re offering and fostering trust with members. Plus, your community members will learn from each other along the way. Creating the space for that community can be as simple as setting up a private Facebook group or choosing a community-building platform like Ning.com that has even more capabilities like using your own custom URL, having internal forums, customized designs, and more.
One thing that most small towns have in common is grass, lots, and lots of grass. Since small towns tend to be in rural areas, more residents are likely to have lawns and larger gardens. That means people will be on the hunt for lawn and gardening services. A few of the benefits to starting a business such as this in a small town is its predictability, reliability, and scalability. Once you begin finding customers, as long as you have quality services that are reasonably priced, you’re likely to keep the same customers for years. You’ll also be able to predict the repeat services that customers will need. Not only does grass need to be cut repeatedly, but lawns need to be fertilized and treated for weeds and bugs on a regular basis. Lawn care is also an ideal small town business idea that will scale well. You can start off by offering a few services such as lawn and shrubbery care, but can later expand to offering landscaping services as well.
The business ideas we’ve covered might be easier to run when it comes to logistics, but that doesn’t make them easy. There are at least three things you should keep in mind as you consider your options, no matter what you decide to start.
Many ultra-busy professionals appreciate having someone who can check and answer their email, organize task lists for them, update their calendars, and other administrative tasks, with minimal interaction. The best part is that you can provide this service from home with a good Internet connection.
Too many entrepreneurs make the mistake of trying to run their business venture out of their personal bank account. It’s super important to create a separate bank account for your business, primarily because it isolates your professional financials and makes them easier to manage and track.
Choose an adventure really carefully. One that people will easily pay good money for. “Focus group” it. At least informally ask lots of people for their feedback on a suggested adventure before you put any money into marketing it. Then when you do offer your first trip, make it incredible! Research it carefully and surpass people’s expectations. On your first few trips it is more important to build a great experience and a great reputation, then to make a lot of money right out of the gate.
A lot of people make some really neat crafts. But to be able to make money at it, you also need to be able to price your products reasonably—and allow yourself enough money to bring your product to market. That being said, there are more markets than ever for your products! In addition to local retailers and craft fairs, you can sell them online, on your own website, or through third party sites like Etsy or EBay.
I am from an Arab country, I have an estimated in housekeeping and in agriculture and ability to do many jobs, my project is based on providing these services to a family who hosts me for one year and secure the way to get their nationality in. Then the project opens my own project based on providing Domestic services of all kinds. To communicate via email belal_trodi1987@yahoo.com
An email address is also something to consider when choosing a name. Get a professional email system (@yourcompany.com) with Google’s G Suite, which also comes with business tools for word processing and spreadsheets, all with business-grade security – Try it for free
Do you have investments or savings? If so, consider using a portion to fund your business. You should never invest all your savings into a business due to the risk of failure. In addition, you should never invest money put aside for emergency savings (experts recommend having three to six months of income put aside for this purpose), or money you will need over the next few years for various obligations.
While you can find terrific resources online about family history, it takes someone to patiently piece it all together—that’s where you come in as the family history writer. Do your research carefully, put it together in a snappy-looking package, be patient in answering customers’ questions, and you could grow this business nicely.

A money broker is basically someone who arranges short-term loans to people. A common variant on this is “pay-day lending” where businesses lend money to people who are typically looking for funds to hold them over to the next paycheck. These are usually storefront locations, closely regulated and not allowed in all states. This can be a solid business, but the regulatory climate is shifting against these businesses, so evaluate the risk of future regulatory changes, before hanging out your shingle.
The selling costs are remarkably low on the Etsy website. But you will be competing with some awesome looking crafts, so make sure you create some great stuff that is highly distinctive. Then take perfect photographs and write up snappy descriptions. Try to build a following by developing a related line of goods
Congratulations on your decision to start a new business!   Getting a new business up and running requires time, dedication and resources. Here are some important decisions you need to make: Structure. Determine the legal structure of your business…
We know that a company’s success starts with its employees. We also know that an individual’s success starts with the right career opportunity. As a Best of Staffing ® Client and Talent leader, Aerotek’s people-focused approach yields competitive advantage…
Obtain more information about federal and state licensing requirements by clicking the links under Federal Licenses and Permits and State Licenses and Permits, respectively, on the Business Licenses and Permits page [source: SBA].
Do one thing well. Don’t try to master SEO, social media, online advertising and email campaigning all at once. Make an educated decision about where to focus your efforts based on your knowledge of your target market, and stay there.
When you get an account with a School, Church or Youth Group etc., that account is yours to keep! You can make money year after year with just 1 account. The amount of money you earn as a distributor will be based on the amount of time and effort you put in as well as your natural ability as a sales person. ABC Fundraising® makes no guarantees as to how much money you will earn.
In his days as a commercial banker, my father financed a number of health clubs, and they all complained about the same issue: it was relatively easy to sign up new members but hard to retain them, as customers tired of exercising after just a few sessions. This is a business that you can make millions at with even a single location, but it is also a business that is riskier than it may first appear. I would suggest starting with a very small location, perhaps even a members-only key-card accessible location with no employees on site, and learn the ins and outs of the business before getting too carried away. And of course, there is all kind of potential for specialization in this field.
Create a marketing plan that provides details on the following: your product, pricing strategy, distribution strategy, advertising strategy, public relations, promotions and social media. Don’t work on your marketing communications until you’ve determined your unique selling benefit, target customer, distribution channels and your brand or image in the marketplace.
Very informative post. Even having a huge capital upfront to start a business does not guarantee the success of that business. So these are great tips to start with nothing and step by step make things happen. Thanks for sharing.

Join the Conversation

5 Comments

  1. If you already have a website that’s driving in targeted traffic, a great way to make passive income from the content you’re already creating as an easy side business idea, is through affiliate marketing. ShareASale, Rakuten, Clickbank, and Skimlinks are a few of the best affiliate networks and tools that can help you make money from the content you already produce, thus amplifying your side business idea income. Check out this extensive list by Justine Grey, covering the 59 Best Affiliate Programs for Business Bloggers to get some inspiration on how other bloggers are growing affiliate blogs from side business idea to full-time company.
    If you’re proficient in a highly specialized software, you can get paid to pass your knowledge on to amateurs and professionals looking to expand their skill sets. Technical manuals are available for programs like QuickBooks and Final Cut Pro, but these are often expensive and difficult for the average user to get through. Schedule small group workshops or private sessions, and charge by the hour for a full tutorial of the program. The best thing about this gig is that it can be done part time.
    Web designers are incredibly valuable for technology companies—which is why becoming a freelance web designer is a top side business idea today. Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. There are always new websites popping up in need of professional web design, and foundational books like HTML & CSS: Design and Build Websites by acclaimed web designer Jon Duckett and Don’t Make Me Think by user experience legend Steve Krug will get you started down the right path to quickly determining whether or not becoming a web designer is a viable side business idea for you.
    The members have been asked to share how they originally got involved in their current business. The goal is to provide ideas to other members around the world who want to own their own businesses or who are involved in businesses that aren’t taking them where they want to go and are looking to make a change.
    Spending a leisurely afternoon in a swimming pool can be a lot of fun. But cleaning it can be a pain in the neck. Hence, most pool owners hire people to do the cleaning for them. If you need extra cash and don’t mind getting physical, then pool cleaning is a viable side business idea for you.
    This is a great part time business that can pay very good money. For my kids, I hired coaches who were usually still students themselves, and had very little paid test prep experience. But I did make sure to hire test prep coaches who had scored exceedingly well themselves on the exams being targeted. You don’t have to be good at every subject. Just find one exam that you can study up on and excel at, and that’s all you need to become a great test prep coach!

  2. When my book publishing business grew to the point when we needed forklifts, I was shocked by how expensive they were. So, we went to a used industrial equipment dealer and bought all of our forklifts there. Selling industrial equipment allows for specialization and it also allows for you to build up long-term relationships with customers. Furthermore, you can have add-on sales such as maintenance, supplies and repairs.
    This section includes legitimate word of mouth marketing and paid online survey sites, explains what mystery shopping is all about, lists great websites to swap items or services and tells you how to channel your inner Judge Judy.
    Welcome to Texas! Sole proprietorships and partnerships can move easily. Usually all that is required is to file an assumed name certificate or d/b/a (“doing business as”) in Texas. Moving an entity, such as a corporation or a limited liability c…
    Connect and Sell – Read Review – This job involves connecting calls, so you’re not actually having to talk to anyone. Pay is around $9 hourly. They may pay weekly via Paypal. Job is also very rarely open, but when it is, it’s listed under “Phone Administrative Support.”
    Guest interactive murder mystery productions are very popular and no wonder–they are a lot of fun. You could do this on your own, renting a public venue and all that. But instead I would recommend that you partner up with a local business, such as an inn or restaurant, which could use an event like this to promote their business.

  3. Wouldn’t it be fun to make a gift-basket overflowing with a bunch of carefully selected and really attractive items? Of course, it would! You could have a lot of satisfaction putting together distinctive gift baskets that will delight your customers and bring in sales!
    The real estate market is on the rebound (for today) and people are buying and selling properties in many locations across the U.S. That means a lot of opportunities for professionals who know how to navigate the legal, financial, and commercial aspect of real estate to build up a stable of clients as a side business idea, especially if you begin to scale your sales hiring and build a team of reps working to help you close more deals. If you consider yourself an expert in the subject, it won’t be a walk in the park (hehe), but you can earn significant additional side income as a home-based consultant.
    File your “Articles of Incorporation.” To form your LLC, you must prepare and file “articles of organization” with the secretary of state in the state where you plan to do business. While most states use the term “articles of organization” to refer to the basic document required to create an LLC, some states call it a “certificate of formation” or “certificate of organization.” [15]
    This is one of the most-clever businesses I have seen! Here you get to have your own art gallery with no overhead! You arrange with a restaurant or bar to host your pop up art gallery at no expense to you. The venue benefits from selling food or drinks and the publicity your event will bring. The paintings or other art you obtain on consignment so you don’t lay out any cash for that either. Then you arrange the promotion. They key to this business is building your email list and social media contacts so that are able to build up a regular clientele without having to own a storefront or spend money for advertising.

  4. There are plenty of business opportunities available in Dubai, as well as in the other Emirates of UAE. However, if you really want to start a business which must exploit the potential of Dubai then you need a locally registered LLC business.
    Create a business plan. A business plan helps to define what you think you need to launch your business, large or small. It summarizes the sense of your business in a single document. It also creates a map for investors, bankers, and other interested parties to use when determining how they can best help you and to help them decide whether or not your business is viable. Your business plan should consist of the elements outlined in the steps below.
    I’ve been around boats almost since I could walk so I forget that some people need to be educated in how to run a powerboat or captain a sailboat. Now taking a boat for a spin and introducing someone to the pleasures of boating…how fun!
    Some firms outsource their customer service operations and many of these companies accept home-based contractors. You can start by signing up on freelancing sites such as Upwork to test the waters with this business idea first. If you’re already a CSR specialist with management skills, then you can form and lead a virtual team online and engage clients as a bona fide customer service company or, provide customer service training to such teams as well as individuals.
    Many of my readers have started proofreading from their iPads, scanning legal documents for court reporters as a result of the Proofread Anywhere eCourse I recommend. You can read some of their testimonials in the comments on this post. They offer a 7-day intro course free so you can decide if that line of work is right for you before you pursue the training.
    This is very specialized and you need to have a good amount of expertise to get started. But what a fun way to make a living! Visiting clients’ homes, viewing and researching their art: what could be a more fun business than this?
    If you are in a climate that consistently gets a lot of snow each year, then this could be a good business. But if the snowfall is inconsistent, you could get stuck with having a nice new snowplow and truck, but no business.
    Most small businesses are sole proprietorships or partnerships. While these types of businesses are nice and easy to form, they also expose their owners to liability for business debts and judgments. Creditors and judgment holders can come after the owners’ personal assets, like savings accounts and homes, once the business’ money is depleted.
    Thanks to sites like TaskRabbit, plenty of people have learned to pick up work doing a variety of side jobs that other people just don’t have time to do. Common tasks can include anything from picking up dry cleaning to making dinner or assembling Ikea furniture.

  5. I agree that you must choose a business that your passionate about so you never feel your working rather just doing your hobby. Always start at the minimum amount of capital, buy used machines etc. some town offers some subsidies to to increase jobs in their town. Check your town’s websites – good luck!
    Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that’s your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don’t make the mistake of thinking this will be a passive source of income—you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens’ Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local’s only tour of the city, complete with bespoke 18th century costumes.
    One of my business school classmates started a concert promotion business while still an undergrad at Harvard, and even as a student he was making a fortune at it. He started with lesser known groups and smaller venues, and within a couple years he was booking some of the largest venues in greater Boston. He also enjoyed partying with the rock stars!

Leave a comment

Leave a Reply to Charmaine Cancel reply

Your email address will not be published. Required fields are marked *