This article is Part 1 of a 2-part series focusing on selling a business. Sales of business are strong! In recent years, privately owned business account for almost 70% of these transactions. Most business owners do not have prior experience selling …
Who says you need technology in order to start? Some people even enter paralysis from just not starting just because there is not enough technology or the technology they currently have is not as updated.
Wedding planning could be good fit for someone who has experience in party planning, event coordination or hospitality. Strong organizational and communication skills, the ability to work weekends and patience are necessary.
LLC: LLCs are the most popular business structure because they offer the protection of a corporation without the double taxation or extra paperwork. California allows SMLLCs (single-member LLCs), so you can form one even if you’re the only member of your company. Read our guide to more about how to form an LLC in California.
The California Small Business Development Center is a great resource if you need a little assistance coming up with funding opportunities. They’ve got dozens of locations across the state where you can go to discuss potential funding approaches for your business based on all the criteria above (and more).
If you own a car but barely use it, you can make some easy cash as an effortless side business idea by renting it out on Turo. Before you freak out, know that there’s a $1 Million insurance policy on all cars, plus drivers are prescreened, so you can have peace of mind.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You’ll be able to complete simple tasks ranging from logo design, to creating animations, or even drawing a company logo on your forehead. While this side business idea likely won’t be growing into a million dollar startup for you, it can still be a platform for funding your next big business idea. Want to learn more about Fiverr’s history and how to get the most out of selling on the platform? Listen to my interview with Fiverr CEO Micha Kaufman.
Cass Information Systems – Data verification and data entry work. This position is location-based. If the position is open, you’ll see it under “Data Verification Clerk.” Training onsite is required before you can do the job from home.
Everyone wants videos for their website, and corporations and non-profits are willing to pay good money for high quality service. This is a local business because you need to be onsite with your camera.
Potential challenges: It’s a challenging business to operate. Obstacles include securing financing, choosing a location that will attract customers, picking out the right equipment and ingredients to brew beer, and obtaining the proper permits and licenses.
Willing to mow lawns and trim bushes and trees? Many people are quite happy to pay for such services, and the demand is persistent: Nature just keeps growing… and growing… and growing. Not only is this a great side business for a fit adult, it’s also a great way for a teenager to get a small business started.
For many people, working from home on the side or full time can be an attractive option, whether they’re trying to make a few extra bucks or start a new career. However, starting a home based business, like starting any other business, requires a large amount of planning and personal commitment. You’ll have to plan out your strategy, work out all the little details, and then put in the work to make it happen. Luckily, by using your home as your business space, you avoid some of the costs and hassles associated with classic businesses, like renting commercial space and meeting certain permit requirements.
Generally, no specific expertise or certificate is necessary to open a company. However, a certificate and experience — and license — may be necessary to operate or sell specific services to the public. Check with the Secretary of State to learn the legal requirements to offer a specialized product or service in your State.
Share in the comments if I’m missing any of your picks for the best side business ideas that you can start while working full-time! Bonus points if you’ve already gotten started on one of these business idea, and share the link to your website.
I also recommend FlexJobs for finding more. You can regularly search legitimate work at home jobs for data entry and other industries. FlexJobs guarantees all their job leads to be scam-free, and it’s the only membership-based jobs site I currently use and trust. Their listings are updated 5-6 times per week, and there is no shortage of listings. You can currently get 30% off a subscription using promo code AFFILPROMO.
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.
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.
The bookstore is dead, hardly! Bookshops might now be different and resemble little of what most of us remember from our childhoods, but that isn’t necessarily a bad thing. If anything, the need for bookstore owners to create new and innovative ways to succeed has opened up a plethora of additional business opportunities. And isn’t that what small towns are all about, creating opportunity and coming up with creative ways to provide the most options for their communities?
#37 – Humana – This well-known company hires Customer Service Specialists by responding to questions and providing guidance to internal and external customers. You can make anywhere from $15-$18 per hour.
If you’re one of those people who can’t help but flip through bridal magazines and think about various wedding arrangements in your daydreams, wedding planning might be the perfect thing for you. A great way to get started is to develop a website or blog on the topic, get to know people online, and promote your services at local wedding venues and throughout the community.
Consider the space required for your business. If you’re planning on doing any sort of manufacturing, product storage, or shipping, you will likely need more than a desk to work on. Think about how much space you have in your home for these activities. Will you be displacing other family members with your business activities? Consider your space requirements and your home’s ability to meet those requirements before moving forward.
1. Study the market. When a product idea dawns on you, first you must situate it. I recommend searching through Google Images and Google Shopping. Do similar products exist? Study them carefully. What benefits do they offer? Consider your point of difference. Does it offer a benefit consumers truly need or want? Read Amazon product reviews for further insight. Search for prior art as well. (Your goal is to understand the history of innovation as it relates to your concept, not to prove it’s never been thought of before.) If you find your idea in a patent but not on the market, do further research. What happened?
Not everyone wants to find a babysitter by responding to a hand-scribbled note on the bulletin board at the local coffee shop. That’s where you come in. Set up a babysitting service that includes vetting your sitters and giving your customers confidence that they are dealing with safe and dependable service providers!
Young Living – Financial freedom through healthy living! We are a 22-year-old corporation doing a billion in annual sales, the trendsetter in wellness products. We do business in almost every country with headquarters in 13 Countries. We have hundreds of thousands of satisfied clients who have experienced life change in the areas of health, wellness and financial abundance which has led to one of the highest client loyalty rates in the industry. We offer personalized mentoring, business, leadership, personal development, and product training. Because we work hard to set you up and to help you succeed, we are only looking for people who are serious about becoming financially independent through working from home part-time. If you are a team player, self-motivated, dependable and ready to begin earning a substantial income part-time right away, contact Leslie Morris at (916)572-2531, email@example.com or lesliemorris.babystepseo.com/.
Many people give up on their faulty laptops, mobile phones, or cameras without even looking into the cause of their malfunctions. If you have the skills to fix them, consider pursuing this side business idea of refurbishing and reselling used electronics in your free time.
For many people in suburban areas, cleaning up pet yard waste is a real hassle – it’s disgusting, for one. Instead of cleaning it up themselves, they might hire someone to do it regularly, two to three times a week. There are several such services in our area, actually.
SimplyFun – Would you like to play for a living? You can be part of a meaningful movement and earn generous incentives by promoting SimplyFun’s mission of play-based learning. Enjoy a flexible schedule while earning 25-42% commissions, plus bonuses and rewards. Our thorough training program and starter kit provide everything you need to launch your business. Plus, now is the perfect time to join SimplyFun as we continue to grow from our best year ever. Thanks to our innovative approach to direct selling and a talented sales force, we doubled our sales in 2017. You can be part of this continued success by selling award-winning, thoughtfully designed games that teach useful, real-world skills to children of all ages. Ready? Game On.
Before you hit the ground running with your Colorado business, you need to have a business plan prepared. A well-crafted business plan is crucial for securing funding and tracking the progress of your business.
This is a good solid little business but the income just from mail boxes is probably not going to set the world on fire. However, by the nature of this business you have a captive audience that you can try to sell just about anything else to. Often people combine mailbox rentals with shipping services for example.
Businesses, individuals and even government entities often hire translators to communicate with people in various other languages. If you are fluent in any other languages, you may be able to offer your services to different clients.
It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
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!
Countless small businesses start out their web presence using a WordPress hosted website (myself included) before needing to upgrade to other solutions for various reasons. Many of them will pay several hundreds of dollars for someone to get their business idea set up online. If you have the patience to learn how to do it yourself, it’s an extremely valuable skill and can be turned into a very lucrative side business idea—especially if you sign up for affiliate programs with companies like Kinsta, who offer high quality managed WordPress hosting plans that allow you to collect fees from the clients you refer their way.