Check into legal barriers for your business. Some areas have certain rules and regulations for home based businesses, and you need to check into those at your town’s city hall before investing much time or money in your business. Some areas just make home based business owners carry a business license and nothing else. Not knowing about these regulations can be devastating to your business.
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.
You would think that you get your electrical contractor license and the money would rain on you forever more! I have been shocked with the prices some electricians have tried to charge me. Then again, I called back a more reasonably priced electrician who had done some work for me a couple years ago and he told me he went out of business for lack of work. This goes to remind you that in any business there is always some risk.
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.
#33 – Carenet – For a nurse looking to make some extra bucks from the comfort of your home, try Carenet. This is an online company that hires registered nurses for telephone triage. Carenet pays $25 for every hour.
Yes, even the PowerPoint presentation requires outside consulting every now and then—especially if it’s not your forte. I know I would happily outsource the visual layout of my presentation decks for work meetings, investor pitches and lectures. Tobias Schelle of 24Slides is living proof that you can turn your skills at slideshow presentation design into a legit side business idea—and potentially earn up to $20 a slide for your time and talents.
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.
To understand more about search engine evaluation and how it works, the eBook Make Money From Home a a Google Rater, is just .99 cents on Amazon with a four and a half star rating out of almost 70 customer reviews.
Everyone (even kids and retirees) need to have some level of technical know-how to stay competitive and appreciate the marvels of the digital age. Just observe how learning sites like Codecademy, Treehouse, and Udacity continue to grow and you’ll understand the urgency of getting computer training for our generation (thus making it a great business idea to train others if you already have the skills). If you’re a techie, you can cash in on this need by offering lessons and tutorials within your neighborhood or across cyberspace through portals like YouTube or Udemy as a side business idea. You can even set up your own tutorial site with an interface for online payments.
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.
I invested in a friend’s prefab home construction once and lost all of my investment when a huge downturn hit the real estate market. Nonetheless this is a powerful business concept. By doing much of the house construction process in a fully equipped, controllable environment, the building process can be much more efficient. Furthermore, by using prebuilt modules, a builder can still construct a gorgeous customized house. You can get involved in this business by building the prefab homes or modules yourself, or as a housing contractor using prefab modules.
The best business to start is one where customers want your product or service at a price that enables you to make a profit. Ideally, new customers are easy to attract and there are few competitors. Finally, it should be a business in which you have experience (or can be trained) and enjoy the work.
Investment: Depending on where you live and the services offered, you may need to obtain a business license or be registered with your state. The startup costs could run high if you need to purchase tools and a work truck.
Audit Services Incorporated , also widely known as “ASI” , was founded in 1998 just outside Atlanta, Georgia. Since opening its doors, ASI has seen a dramatic increase in estimate review and desk review assignment volume by providing high quality serv…
Most, if not all, businesses require some kind of license, whether local, county, state, or federal. Each type of license has its own set of requirements, which depend on the type of business you have. And while you can easily handle some licensing issues by yourself, other issues will require a lawyer, so be prepared to hire one [source: My Own Business].
There’s a lot of money out there in grants, but writing grant proposals can take a lot of time, especially if you are not experienced at it. Like so many other fields, specialization will help get business, and it will allow you to charge much higher fees. And, as you build a track record of successfully securing grants, you will also be able to charge more.
So, you start out with some stunning jewelry designs but how do you turn it into a business? One of my friends’ sisters turned her jewelry hobby into a full-time job by selling her products to a few local jewelry stores. Another woman I know built her business into a much larger enterprise…all built around a strong unifying theme. That’s the key here, success will come a lot easier if you build a distinctive overall brand, and ideally have closely matched collections within the brand.
After you register your business, you may need to get an employer identification number (EIN) from the IRS. While this is not required for sole proprietorships with no employees, you may want to apply for one anyway to keep your personal and business taxes separate, or simply to save yourself the trouble later on if you decide to hire someone else. The IRS has provided a checklist to determine whether you will require an EIN to run your business. If you do need an EIN, you can register online for free.
Framing services are everywhere and often they are franchised operations with prime retail locations. But you don’t have to be. You could try this service online. Or you could try this service on a mobile basis, going to your customers’ homes. Or you could get that storefront.
A search engine optimization consultant helps websites and blogs rank higher on search engines, such as Google. Duties typically include researching new keywords, writing content, analyzing and editing existing content, and staying up-to-date on industry trends and best practices.
This website is meant to be opinion and information based, not legal advice of any kind. We spend hundreds of hours per month updating and refining our content as things change, but to be used as-is. For questions while starting a business, we recommend consulting with an attorney or accountant. Names, trademarks and logos mentioned all belong to their respective owners. Some of the links may be affiliate links, earning us a small commission if you decide to use them, allowing us to continue creating content.
Successfully starting a small business requires answering as many questions as possible before you open your doors rather than tackling problems after you’ve already launched. Researching the marketplace, writing a business plan and securing adequate capital are the basic steps to take when you start any small business.
#28 – ShowMojo is dedicated to streamlining the real estate business with solutions to home owners and managers. The company currently is hiring particular work at home positions to help with scheduling and showing process of rentals. Posts such as sales manager, call center manager and automation expert pay about $20 an hour.
Want to be sure if your business idea is indeed unique? Run a test and find out. A pilot will give you the confidence you need to take your idea to the next level and mitigate risk. You can start on a small scale by giving away some freebies to a few people in your target audience group to see how they respond.
Decide whether to trademark your name. If your name is very original or creative, you also may want to consider registering it as a trademark. This can distinguish your product or service from those of competitors. Trademarking your company name also can protect you from trademark infringement by other companies.
Many small business owners cover their start-up costs entirely through loans, with the expectation that they will begin paying back the loans with the profits from their new business. New businesses can take months or years to generate a profit, however, and loan payments can really become a millstone around the neck of a fledgling operation.
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.
Also be sure to create an “at-will” relationship with your employees. Employers can terminate at-will employees for any reason, which is essential if an employee isn’t working out. There are many ways to make it clear that the employment relationship is at-will, including in employee handbooks and through offer letters. Don’t make any promises to employees about the length or terms of their employment, as these could become binding on you later.
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.
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.
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!