It may seem like all of the good business ideas or the best small ideas have been taken, but they are not. Most successful small business ideas come from individuals who work for someone and they believe they can do better.
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Part of the reason is that I often want a great breakfast later in the day and yet I frequently can’t find a convenient place to go. Also, breakfast foods cost little money, allowing for higher markups. And breakfasts are easier to prepare than gourmet dinners. Also, this kind of restaurant would potentially be busy for many hours during the day.
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Great idea list. As stated earlier, these may seem like “no brainer” ideas, but not all small towns have every single business stated. And, when someone has an idea, but doesn’t know if it is a good one, it is reassuring to see it listed! Sometimes, that is the push a person needs to take that leap! Thank you!
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.
Every business needs help with their Internet marketing. And now I see even the smallest businesses hiring specialists for individual aspects of digital marketing. For example, they may hire one expert for pay-for-click search engine advertising, another for Facebook marketing and still another for SEO for their website. So, you could focus on one aspect of digital marketing, or you could be a generalist.
Decide what to include in your operating agreement. Each LLC’s needs will be different and therefore, no two operating agreements will look exactly alike. In most cases, you should contact an experienced attorney to draft your operating agreement. However, most operating agreements should include the following basic items: 
ABC Fundraising® is currently looking for highly motivated people who are interested in working from home. This can be an extremely fun job for the right type of person and allows you to set your own hours! Your main responsibility will be to contact high schools, churches and non-profit organizations in your state and around the country promoting our unique and highly profitable fundraisers. We even supply you with names and numbers of people who need fundraisers! Yes…FREE Leads!
Yes, you can learn how to repair smartphones. You can buy parts (you should inventory more common ones) and you can watch videos on YouTube that show you how to make repairs. I have been to a small shop in Cambridge that specializes just in fixing casing and glass on smartphones. You can make good money but it will take some patience to get going. A storefront, even a small one on a secondary street or second floor of an office building, will help make your business seem more established.
Open a bank account for your LLC. You will need to have your EIN prior to opening an account. Consult your bank of choice about the options on your account that will be best suited to your business needs.
Choose a registered agent. In addition to filing the articles of incorporation, you will also need to choose someone to be the LLC’s “registered agent” for service of process. In most states, the registered agent can be either a domestic entity or a foreign entity that is registered to do business in the state or an individual resident of the state. Typically, one of the partners of the LLC will act as the agent .
This is a really big business that you probably don’t think about a lot. On the high end are the museums. For example, in Boston the Museum of Fine Arts performs art restoration services for other institutions. Then there are the serious individual collectors. Then there are people who just want their old family portraits touched up…and that’s the part of the market you will first want to focus on if you don’t have a lot of expertise.
Your milestones. What have you achieved so far? What do you plan to accomplish within the next 3 months, 6 months, 2 years? These are subject to change, of course, but it’s important to set goals for your business regardless.
Alterations is a great steady income business, easy to start on the side. Then after you’ve begun to build a clientele, you may want to quit your day job and open a small storefront location. Begin by promoting to friends and friends of friends on social media. I would charge by the job, but carefully estimate how long each job will take you and base your job rates on your time estimates.
Even small businesses need all kinds of insurance and you can help them by getting them the coverage that will help save their business on a rainy day. To succeed in this business, you need to be outgoing and network well. But you also need to come across with a smart, consultative sell, not a hard-core pitch. It will take some time to build a corporate insurance brokerage, but this kind of business offers both high income potential and the possibility of someday selling it for a high multiple of earnings.
It should go without saying that entrepreneurs wear many hats — but “attorney” shouldn’t be one of them. While you will have to get acquainted with the laws and regulations that will impact your business, sometimes it’s important to leave the details to the professionals. Give your business the best chance at success: contact a small business attorney in your area for help.
#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.
Want to start a food business? A truck is a much less expensive investment than a brick-and-mortar restaurant, and according to Mobi Munch founder Josh Tang, the failure rate for food trucks is just 10 to 20 percent (as opposed to 60 to 90 percent for restaurants). With the right equipment and some great recipes, you can have your mobile eatery up and running in no time.
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You can put a big sign on top of your truck or pull it around on a trailer. This is particularly powerful for local businesses because you can offer pinpoint marketing—driving around the same business block for example. You could also offer a service to hire people to agree to have a commercial sign mounted on their cars as they drive around town doing their usual thing. For example, a Boston radio station arranged to have hundreds of small VWs to be painted with their logos, paying each car owner a monthly stipend. How big can this business go? Well CNN/Turner Broadcasting founder Ted Turner made his initial money in the billboard business!
All of these are excellent ideas, and really go to show that you don’t need some groundbreaking new idea to start a business. Just pick one of these ideas that appeals to you and put yourself out there, and you’re already ahead of all the other people who are still in the “thinking about starting a business” phase (a phase that never ends for most people).
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names. Imagine owning desirable domain names for the next decade’s most innovative companies.
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.
You’ve probably noticed that most companies nowadays offer ways to for their customers to contact them instantly via live chat support. Many of these chat support agents do work from home. Below is a list of the companies I’ve reviewed on this site that have occasion openings for work at home chat agents.
It’s funny how much baking can relate to making money. Start bringing in some side income by kneading flour, mastering the oven, and appeasing everyone’s sweet tooth. While some experts have already turned baking into their sole “bread and butter,” you need not leave your day job to pursue this business idea just yet. Depending on your experience, you can start by doing something simple on the side like perfecting Grandma’s nostalgic cookies before heading on to offer exquisite artisanal fare.
Some might start out as employees or apprentices for other businesses and then gradually build up the skills and experience before they set out on their own. But with the right idea and determination, they can make their dreams of having their own small business come true.
I read your reply. I would be really interested in this but i thought its very difficult to get a green card to start working in canada? I am from Belgium and have a lot of experience with restaurant concepts.
The IRS treats all multi-member LLCs as partnerships, unless they choose to be taxed as a C-Corp or S-Corp. Therefore, most multi-member LLCs are required to report their income to the IRS using a Form 1065 Partnership Return.
One of my friends with a background in manufacturing started a business removing waste from building sites and then he progressed into the demolition of industrial buildings. Like other construction related services, one of the keys to success is very carefully bidding for your work. You also need to make sure you get paid–general contractors can be highly successful one minute and then short on money to pay bills the next.
A neat bonus of attending a craft class is that not only do you learn how to do something new, but also that you get to go home with something tangible—your finished craft project! People are often willing to take a craft class if you can market it in an appealing way. And focusing on what the finished project will look like is one way to get people excited about signing up!
With the wide array of digital marketing options to consider, not to mention traditional options, local businesses increasingly need outside help to develop and execute the best marketing strategy. To get going in this field you will need to be familiar with the most popular online and offline marketing venues, and be comfortable selling your services to local business people.
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.
If you no longer wish to conduct business with your LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve your LLC, there are two broad steps:
Where there are homes, there will be children and where there are children there will be tears over math and grammar. Though the internet abounds with online tutoring services, nothing can ever replace the benefits of having an in-person teacher. In addition to being a great business idea for small towns, tutoring can also be a profitable business for both yourself and those working for you. If you are looking to hire employees, we recommend starting with a few tutors that specialize in math, reading, writing, and science. Don’t attempt to hire tutors that brand themselves as a jack of all subjects, those individuals are few and far between and most likely would be too expensive for you to employ from the start. Instead, look for tutors that specialize in one subject and have previous tutoring or teaching experience.
I find the car wash business highly attractive and even considered opening one at one point. You have a regular clientele, in many areas the competition isn’t too intense, and there is lots of room to upsell more expensive services like detailing. If I was going to go into this business, I might consider starting with a smaller facility in a smaller market, and really learning the business before going for a larger facility, in a more competitive marketplace.
7. File a well-written provisional patent application. You can license an idea with a provisional patent application alone. I know because I see it happen week in and week out at my company inventRight. Most patent applications are written in such a way that they can be easily worked around. To write intellectual property that has value, you need to outthink your competition. You should try to steal your idea from yourself, in other words. Filing a well-written provisional patent application, which is inexpensive to do, establishes enough perceived ownership to get you in the game. (To be clear, I’m referring to simple product ideas. Big ideas require a wall of intellectual property.)
Starting a business takes much effort, but this effort could bring you huge rewards. For this article, the author assumes that you have already researched your business idea, obtained the funding and decided to actually start your business.
CloudSource, the work-at-home division of Sutherland Global Services, employs customer service consultants from all 48 contiguous states to support industry leaders in the cable/Internet service, retail, software, and gaming console industries. While all CloudSource positions are customer service in nature, some are more heavily focused on sales and/or technical support. Inbound calls only, paid training, ongoing support and growth opportunities exist … All from the comforts of your own home.
Now that you’ve officially formed your business, it’s time to take all the necessary precautions to make sure you’re fully compliant with the federal, state and local government. Here are the best places to find out about each:
You need to set up your business in an area that is most profitable for your business or most convenient to your business. A location in the right city can be selected for a shop or an office is most known for the type of product or service you are dealing with.
I loved to collect stamps and coins when I was a kid. In Boston, the dealers’ stores were all side by side on Bromfield street. Today some coin and stamp dealers still have retail locations but many others work primarily online. This is a great business to start part-time and then consider going full-time later on. Or is it just a hobby with the potential for making a lot of money? American President Franklin D Roosevelt would spend many enjoyable hours alone with his stamp collection.
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