It’s easier than ever to find a trend and turn it into a full-on entrepreneurial venture. Channel your passions and skills to leverage a professional opportunity in the new year. Here are 12 great business ideas for 2018.
It might slip your mind as something you’ll “get around to” eventually, but purchasing the right insurance for your business is an important step that should happen before you officially launch. Dealing with incidents like property damage, theft or even a customer lawsuit can be costly, and you need to be sure that you’re properly protected.
Employment Options offers work-at-home jobs for citizens receiving SSDI and/or SSI disability benefits in 47 states. Their services are free as part of a national return to work program. The jobs they have with leading national employers are for various skill levels and are Customer Service or Tech Support based with opportunities to specialize in Billing & Coding, Information Technology, Nursing, Case Management, Concierge, Sales, Reservations, Travel and more. They also offer onsite community positions as well. Simply apply on their website to get started and their staff will follow-up within two business days.
Regardless of the business idea you choose for your small town, proper planning is essential to the success of the business. And since owning a small business is both a major lifestyle and time commitment, make sure your choice is one you see bringing you both profit and joy for the foreseeable future.
I love being part of TTEC@Home because the setting is both personal and professional and I don’t have to commute in traffic or poor weather. I have an office environment that I created, designed, and nestle into. And TTEC provides strong support, ongoing training, benefits, company perks, and advancement opportunities.
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While contracts can be valid when orally made, they are much harder to prove and enforce. Make sure you get all agreements in writing — it will save you headaches down the line, and could even save your business.
Investment: Opening a brewery can mean high startup costs, depending on the size of your operation. The costs include brewing equipment, construction on a building to get it fit for your brewery, permits, licenses and insurance.
Now that you’ve got the legal and financial aspects of your business taken care of, it’s time to think about creating a brand. There are a number of things that affect your brand image, but two major factors are your business logo and website.
#41 – Rosetta Stone is a language and translation company that hires language coaches. To secure employment, you must be fluent in numerous languages apart from American English. The pay ranges up to $17 per hour.
#20 – InstaEdu is an online company hiring work at home tutors to teach online students different school topics. Payment is usually $20 per hour made using PayPal. Teaching sessions take place through Skype, text message, video chats or even whiteboards.
There are many scams out there that will promise you tons of money and financial stability from home. Do not fall for these ploys. The best home-based business is the one you start with your own mind, heart and hands.
Many families with kids, including single-parents, have very limited time resources, creating a demand for part-time child care providers (and a business idea opportunity for you). If you love kids and have some spare time, you can earn plenty of side income by looking after children while their parents are away. Just be sure to identify the particular age group you’re comfortable caring for and you’re all set after any necessary certifications. Establishing a home-based daycare center capable of servicing six or more kids is also a lucrative way to really expand upon this business idea if you have the right environment for it.
In that case, you buy the building and hire a management company to handle the day-to-day hassles. I once tried to sell one of my online businesses to a 40-year old real estate billionaire who started out his business with just a couple multi-family homes.
If you own a camera, starting a freelance portrait photography business could be a very natural way to turn your skills and passions into a profitable business idea. Start with doing free shoots for friends and family to build up a strong online portfolio, get familiar with your gear and the editing process, then you’ll be able to get paid for photographing professional head shots and celebratory family moments as your side business idea. Get started by checking out this men’s portrait photography class that regularly broadcasts for free on CreativeLive.
Similar to a handyman service, a cleaning service is also a solid business idea for small towns. That is if you are looking to forgo a storefront. Though it’s becoming increasingly popular these days for customers looking for cleaning services to use larger companies or startups, often services such as these either haven’t expanded into rural areas or don’t have contract workers willing to travel to more remote towns. This might be frustrating for those seeking a sparkling kitchen, but it’s a massive business opportunity for you! It’s also one of the easiest businesses to start with very little, if any, overhead.
Lack of funds, should not deter you from pursuing your entrepreneurial dreams. With confidence in your idea and a clear vision of how you are going to execute it, you can do it. Once you have that covered, getting the funds to support your dream may not be as difficult as it seems.
You should have some decent equipment that makes your audience happy but that could mean different levels of investment for different audiences. Are you going to be playing for large event venues or for junior high school birthday parties? I know a fellow who started a successful mobile DJ business even before he was old enough to have a driver’s license. He would either have a friend give him and his equipment a ride to his gigs, or he would get a taxi.
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Your marketing plan. What’s your marketing budget? Where will you focus your efforts? Social media, email campaigns, online ads? If you’ve done enough research on your target market, you’ll know where to find them. Just like your milestones, your marketing efforts are bound to evolve — but you still need to establish an initial strategy.
State Required Insurance for Certain Businesses: Business owners should be aware that licensing boards may require certain types of insurance related to specific professions. For more information, consult your licensing and permitting board.
#43 – Testing Time is a business opened to a global audience looking for an opportunity to share their opinions and get paid $50 per study made. You must have access to a Skype account and work a minimum of 90 minutes. The payment takes almost a week to process.
As a translator, you would be converting one language into another language via either spoken word, written word, or audio. This is a work from home job many people are able to do from that can additionally be very, very flexible and of course non-phone.
Thanks to a combination of technology and third party suppliers, it’s easier than ever to build a business and start making sales without getting caught up in sourcing products and managing inventory.
Like recycling, this side business idea requires the willingness to get your hands a little dirty. If you enjoy working outdoors, then you can make a pretty good side income cleaning up litter outside retail, office and industrial properties—especially for businesses that have large parking lots that need regular cleaning. Property management companies need their properties maintained litter free and you can do so with an on-foot service using inexpensive equipment like this cheap pick-up tool and a broom. Charge for your time at $35 – $50 per hour and bill your clients the same contract price each month. For even more on how to get started with a litter removal side business idea, check out Cleanlots.
With the rise of online craft marketplaces like Etsy, people with decent artisanal skills like sewing and woodworking have an always-open market to sell their products as a side business idea. If you’ve always wanted to design and make clothes by hand, then you can start turning those fashion ideas into real, hand-sewn garments and earn a little bit with this side business idea while you sleep and customers from around the world browse your Etsy & Amazon stores.
Bob’s Rent-A-Bike was my first business which I started when I was 19 years old. For this business, you can set up service stations or other local business as your agents, giving them a percentage of the rental fees. Vacation areas and being near bike trails are great places for bike rentals.
While you may first think of wedding planners or reunion organizers, there are many, many types of event planners out there. Some may specialize in parties for young kids, others in large corporate events. Think carefully of a specialty that you could do well in and meet participants in that field, before you open shop.
Find a unique product category that’s still untapped by the box subscription industry, or find a way to put a new spin on an existing service, and you could have a lucrative business on your hands. Keep it as inexpensive as possible — according to LearnVest, offering cheaper products will help you stand out from the competition.
This is a good solid business. Everyone needs their house inspected before they buy it. Network with real estate agents. Become known for being a meticulous home inspector. Leave you clients with a thorough, detailed report.
Let’s go flying and get paid for it! You can finance your plane and contract out most of the work, including getting help to get your company certified to fly. This is a service business and those little touches can make a difference in keeping customers coming back.
I’ve been a distributor for ABC Fundraising® for over 10 years. My favorite fundraiser to sell is the Scratch & Help® Fundraiser. It’s the best and most profitable fundraiser out there hands down! When my own kids need a fundraiser they use it and its always a huge success!
If your business will have employees, you will, at minimum, need to purchase workers’ compensation and unemployment insurance. You may also need other types of coverage depending on your location and industry, but most small businesses are advised to purchase general liability (GL) insurance, or a business owner’s policy. GL covers property damage, bodily injury, and personal injury to yourself or a third party.
Have a meticulous eye for detail and love to get things gleaming clean? Auto detailing is probably a perfect side business for you. In essence, your job is to make cars sparkle inside and out – and many people are quite happy to pay well for this service.