I hate being locked out! And I hate how much money I have to pay a locksmith! Let alone how much I have to pay to have locks changed or a better lock system installed! Wouldn’t it be nice to be receiving this money instead of paying it out? Not only is there a constant need for this service, but with more elaborate door systems there is more room for upselling your customers—wouldn’t it be cool to have a keyless lock system?
Once you’ve established yourself in any number of freelance verticals online, spending your time focusing just on doing inside sales (booking freelance contracts with high-value clients) and then subcontracting your work out to other freelancers can help significantly grow your client list, and revenue generating possibilities with this business idea.
Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides. When she’s not writing she can be found on her personal blog Wattlebird, and exploring all that her home state of Michigan has to offer.
I published a book by Don Dwyer who was the king of the carpet cleaners—having made many millions building a gigantic carpet cleaning business franchise system. This business isn’t glamorous, I remember Don talking about the best ways to get dog urine stains out of carpet, but the demand and the money-making opportunity is huge!
There is one trend that has been sweeping the country for the better part of two decades: health food. Though what is considered healthy food has shifted and changed frequently over this period of time, the general concept of eating healthier to live longer and look your best is not going anywhere. One facet of this trend that has scientifically proven benefits is eating organic food. People eat organic for a variety of reason, but living in rural areas and small towns can often make it difficult to find fresh organic produce and food. Global sales of health food are expected to reach $1 trillion by 2017. Whether or not you consider yourself a health nut, that’s a hard number to ignore. Research also shows that consumers are willing to spend more for healthy food. So if access to allergen-free and organic food is limited in your area, consider going the organic route. Small town business idea, large town business idea, a health food store is a good idea wherever you reside.
This is not my favorite business on this list but I feel compelled to list it because it is so popular. So why is it not my favorite? It tends be very competitive, hard work and relatively low profits. So, if you do go into this business I would do everything possible to differentiate your business and to be able to charge premium pricing.
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Amazon MTurk – Read Amazon Mechanical Turk Review – This is more short task work than an actual work from home job, and may be good for only extra money. Once you are signed in, you can search for “data entry” to see the data entry short tasks that might be posted.
One-on-one sports coaching is the obvious play here. But you could set up sports clinics or sports camps. You could build up a business based on your expertise in a particular sport or you could offer more general fitness training for athletes of many sports. Often sports coaches get started with a part time job coaching a school sports team, which then leads to private coaching work.
Yes, graphic design is hyper competitive. But everyone wants a little different style. So, if you get a highly appealing design in front of your prospective audience you can be successful. For this business, I would go crazy having a fabulous looking website with a totally “kickass” front page! Then I would use SEO techniques, social media, and every other marketing tool I could think of to drive traffic to it.
If I missed any good ones, please share your best side business ideas in the comments below! If you’re ready to start a business while you’re still working full-time, join my free course, Find a Profitable Business Idea.
It’s amazing how you can have a business even if you are not working with technology. This shows that as long as you have the will to be of service to people, then you can create a business out of it.
Capital Expenditures. Also known as capital expenses, these are the one-time costs of buying assets such as inventory, property, vehicles or equipment as well as making upfront payments for security deposits. These start-up assets don’t usually qualify for deduction, but some can be written off through depreciation at tax time.
The biggest gaming companies spend millions developing their latest offerings and lots more money promoting them. Can you compete? Yes, you can. A recent college grad we hired had just launched her own game, and was getting hundreds of thousands of downloads. Sure, it’s a whole additional level to get people to start paying for your games, but it can be done.
Knowing how powerful the reach of the Internet is for research, companies are very willing to outsource their research efforts to independent Internet researchers. Of course, the more specialized and experienced you are the more ability you will have to both land jobs and to charge premium pricing.
Amazon mTurk – Read Review – Open worldwide, but you can’t get paid in cash unless you’re in the US — you have to opt for money in your Amazon account. Pay varies depending on the tasks you choose. Payments are made via bank transfer or you can get money to spend on Amazon instead.
This is a perfect side business for people who love antiquing. Take worn-out antiques home with you, invest the time and care needed to transform those old items into something amazing, then resell them at a profit.
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.
Come to Canada!! I live in a very touristy small town called Springhill Nova Scotia Canada. It was a mining town and there are 2 museums and we have the Anne Murray centre, which is a museum for Anne Murray because she is from Springhill. We need coffee shops, burger joints, bistro’s etc. The sky is the limit. Contact me back at Novasupernova302@gmail.com if you want to chat more about it. PS. I have a daughter living in Germany.
If you can rent a truck or a trailer, you’re all set to start a hauling service. Help people get rid of all that junk that’s been piling up in the attic, the basement, the garage and out in the backyard.
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.
2. Invent for the market. There are many ways of coming up with new ideas. Many inventors focus on solving a problem or meeting a need. I like to look for sleeping dinosaurs. By that I mean, products that have remained relatively unchanged for decades. For example, I created a profitable business by adding personality to guitar picks. The easiest ideas to license are those that make simple improvements to existing products. So, where can you locate opportunities for innovation?
Focus Forward – Read Review – US only, experience needed. Pay is $10 per 15 minutes of sound transcribed, or higher if you are transcribing foreign languages. Get paid bi-monthly with check or direct deposit.
Do you see eye to eye on the big picture? Arguments about the details are a given, and are important for getting things right. But not seeing eye to eye on the big picture, the real purpose of your business, can cause a split that may be irreparable. Be sure your team cares about the and buys into the purpose as much as you do.
Similar to selling on Amazon, eBay is a place to make money selling just about anything you can think of as a side business idea, with the added excitement of using the auction selling model to sometimes get way more than you expected for that antique baseball card you picked up at a local street fair. To turn your eBay selling into a legitimate business idea, look for opportunities where you can buy in-demand products at a discount—and later sell them for a profit.
My wife is quite handy with a sewing machine and often hems and modifies our children’s clothes. She could easily take this a step further and offer her services to others, doing basic garment repair and modification for a small price on lazy evenings.
It’s messy, dirty work that must be meticulously done, and done by someone dependable. That means it can be a high margin business. I would start this business by taking on very small jobs and working my way up.
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?
Tigerfish offers transcription, proofreading, editing and audio engineering services to clients. Tigerfish hires freelance contractors for these positions. Must complete and pass a quality assurance test before being hired.
Yes, you can make a lot of money with a simple ice cream shop! Perfect your ice cream before you start, find a good busy location without a crazy rent and consider starting with a smaller footprint to minimize your overhead. I’ll have an ice cream sundae please—with everything on it!
People who own fish, lizards, snakes or any other animals that live in tanks or aquariums are likely to need some maintenance services at some point. If that’s the type of work you enjoy, you can provide those services in people’s homes or place of business.
If your mastery of another language is good enough to have the grammar and spelling down, translating is a great side business idea to set up for yourself and can even be done remotely. Flexjobs has literally hundreds of freelance, remote translator jobs available right now and if you’re looking to land more remote work on the side of your other pursuits, check out my guide—how to get a remote job (this weekend).
The key to get going with this business is to build relationships with schools and school music directors, who can recommend your services. Chances are a larger school isn’t going to recommend you unless you have a track record, so you will probably have to start with some very small schools. Musical instruments, especially those that are rented out, are highly financeable for low rates, so this is a business you can get into with very little money, and expand aggressively.
My name is Bob Adams. I have started dozens of businesses and made millions of dollars. I also have an MBA from Harvard Business School. I have run not just lots of businesses, but also many types of businesses, including a number of very small businesses that I ran before going to business school.
As people are demanding more fulfillment in their lives and have more options to consider, they are increasingly turning to coaches. You can build your skills in this field by reading up on it, signing up for some life coaching yourself, or taking a course about how to teach life coaching.