Potential challenges: Don’t expect to quit your day job right away. You’ll likely need a ton of traffic and followers to earn anything significant, and building up your fanbase will likely take some time.
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.
While this is a long list of business ideas—I have carefully pruned it for you. I started out with an initial list that was more than twice as long…and ruthlessly chopped off the weaker business ideas that I didn’t want you to consider starting.
My book publishing business often bought books from packagers. What is a packager? Typically, a book packager would sell to a publisher a completed manuscript with the pages already laid out, and a book cover all ready to go. Book packagers tended to sell more complex book projects, such as books that were heavily illustrated or books that were “packaged” with another component. For example, we bought a book about chess, boxed with a small chess set, from a book packager.
A lot of people don’t want to leave their bowser at the busy kennel along with all the other dogs. They are willing to pay a premium and even drive a distance to a place where they believe their dog will be pampered.
This is a good solid service business. But it is competitive, you need to have fully qualified service providers, and you need to look into licensing. No matter how good a service you run, when you deal with the elderly especially there is always legal risk. You can mitigate the risk by incorporating, by getting insurance and by being sure your staff follows accepted medical protocols.
Pet Businesses are a $60 billion industry in the United States, so it just plain makes sense that a small town has at least one pet grooming or boarding facility or a combination of the two. The pet industry is also one that shows no signs of slowing down. In 1988, 56 percent of households in the United States owned a pet, in 2016 that percentage jumped to 65. This means that there are almost 80 million households in the U.S. with at least one pet.
Instead of spending hours playing with accounting software, dreaming up potential expense and income categories, and creating fancy reports with no data, spend that time generating revenue. As long as you record everything you do now, creating a more formal system later will be fairly easy. It will also be more fun, because then you’ll have real data to enter.
LiveWorld – Read Review – Open worldwide. Most people start out making between $8 and $10 hourly. The exact amount is dependent on your location. Get paid every two weeks with either a mailed check or direct deposit. Note the job is not always posted on their website.
If you think you might want to work from home, this section is a great place to start. Take the work at home assessment to get a better idea of whether home-based employment is the right choice for you, and find answers to common questions about working from home.
In his days as a commercial banker, my father financed a number of health clubs, and they all complained about the same issue: it was relatively easy to sign up new members but hard to retain them, as customers tired of exercising after just a few sessions. This is a business that you can make millions at with even a single location, but it is also a business that is riskier than it may first appear. I would suggest starting with a very small location, perhaps even a members-only key-card accessible location with no employees on site, and learn the ins and outs of the business before getting too carried away. And of course, there is all kind of potential for specialization in this field.
Many online sellers try to bake their shipping costs into their retail price so that they can offer free shipping, or at least a reasonable flat rate. Others focus on encouraging shoppers to add more items to their cart with conditional free shipping (e.g. free shipping on orders over $50) to maximize their profit.
Local: If you live in Tri-County Metropolitan Transportation District (TriMet) or the Lane County Transit District (LTD), you will need to file and pay for transportation taxes. Learn more about mass transit payroll/excise tax from the Department of Revenue.
If interviewing people, do some reading on how to spot real talent beyond the certifications, degrees or lack thereof. The area an individual is educated in is not necessarily the area they are most talented in. An interviewee may have a background in accounting for example, but their experience and your assessment of them indicates they may be a better fit helping with marketing.
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.
While you can order one book at a time, costs naturally go down when you buy in bulk. You can consider pre-selling your book idea through Kickstarter to ensure that there’s demand and guarantee a certain number of customers for a bulk order.
Another option is to open a franchise of an established company. The concept, brand following and business model are already in place; all you need is a good location and the means to fund your operation.
It seems that just about every business I’ve been involved in hires home-based editors, who work on a freelance basis and set their own hours. Generally, this work falls into three categories: 1) Developmental editing or making highly substantive changes; 2) Copy editing or wording and grammar improvements; 3) Proof reading. Many editors specialize in one aspect of editing, others cover them all. You may further specialize such as in technical document editing.
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.
When my book publishing business grew to the point when we needed forklifts, I was shocked by how expensive they were. So, we went to a used industrial equipment dealer and bought all of our forklifts there. Selling industrial equipment allows for specialization and it also allows for you to build up long-term relationships with customers. Furthermore, you can have add-on sales such as maintenance, supplies and repairs.
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.
When my Rolex needed repair, I was determined to save some money so I went to an independent repair service. I visited his shop in Ft. Lauderdale and it was a relatively large operation with half a dozen technicians or so serving not just the local community, but shipping watches back and forth all over. Then there is my father’s grandfather clock which I just arranged to have shipped to me. Just to have it shipped, I needed an expert clock service to take it apart, and then on the receiving end I needed another expert service to put it back together. You get the point…there’s lots of demand here!
We offer a unique opportunity with the potential to earn $700 or more weekly working at home online after successfully completing the application process and training. We encourage and invite people with backgrounds in Customer Service or Administrative As…
Build a trusting customer base. By adjusting to your customers’ needs and consistently providing good services or products, you get the best form of free advertising: word of mouth recommendations. Your customers will recommend you to their friends if they are truly satisfied with your work, and your business will grow accordingly. You’ll have get some customers coming back for repeat service and build up a consistent revenue pipeline.
This is very specialized and you need to have a good amount of expertise to get started. But what a fun way to make a living! Visiting clients’ homes, viewing and researching their art: what could be a more fun business than this?
Christmas, Halloween, Easter, Yuletide, Hanukkah, Valentine’s Day, Chinese New Year, 4th of July, Mother’s Day. There are a ton of traditional holidays that count as solid reasons to explore the side business idea of crafting and selling seasonal decorations. After all, people and businesses pay good money for them. In fact, total sales of Christmas trees in the U.S. alone amounted to a whopping $1.04 billion in 2014. And you still have holiday lights, nativity scenes, crafted hangings, baskets, wreaths, and other decorations to cover, making this a potentially year-round seasonal side business idea.
For this reason, consider testing out your dishes on a smaller scale first, at a local farmer’s market or a food festival. You can get feedback from customers on your product before investing in a mobile operation.