Helping clients design and decorate their homes can be a fun business opportunity for design-oriented entrepreneurs. And though there are some online tools that can help with those processes, it isn’t as necessary as a keen eye for design.
A small business typically doesn’t hire a full-time HR person until it reaches about 50 people in size. Until it reaches that size a company might contract for an HR person one or two days a week through a human resources service. One of my friends with experience in HR built up a good business on this model. It helps if you are a good networker or are comfortable approaching small business owners to sell them your service.
Photography can be very competitive and having a specialty, such as boudoir, can help attract customers and justify higher fees. The market for this tends to be brides and young wives buying pictures as a gift for their husband.
People with disabilities often face many challenges in their regular every day lives. The things we all take for granted the disabled struggle with everyday. One of the biggest obstacles the disabled job seeker faces is locating work from home jobs. Actually it’s an obstacle we all have but the disabled are way more disadvantaged in this respect. So are there work at home options available to people with disabilities? We explored this very question and came up with some interesting findings.
Early childhood learning seems to be the rage. Even many games have an educational bent. With such high interest this is a competitive space, so you need to specialize. Perhaps specialize in children with learning disabilities, slow learners, creative play, or “gifted” kids.
Needle – Read Review – Open to US and possibly other countries. Note this company used to pay you in cash, but now they are points only, although you can redeem your points for Visa gift cards. Extra money only.
This side business idea isn’t for most, but consider Kia Silverbrock who has been granted over 4,665 US Patents in his lifetime (so far). You don’t have to invent the wheel to make good money from your patented concepts—just make sure that your idea can be produced affordably, or it will never stand up against a lawsuit in the future.
Cigar shops can bring in decent and steady revenue. Better yet the profit margins are good, so you can be very profitable without hitting sky high sales levels. This is a relatively easy business without too many headaches. But choose your location carefully…then roll out your wooden Indian!
Beware of people who ask for money before giving you business. Trade leads to prosperity through mutual gain, so a business should be willing to pay you to work for it. (A franchise store or home-sales business may have legitimate start-up costs, but they should reflect a reasonable cost of getting you started in the business so the managers would make money through your success, rather than just by getting you in.)
This is similar to the banquet facility business but built around a facility that is ideal for weddings. People will pay a lot of money for a wedding venue that excites them! You could provide the catering and related services yourself, allow customers to bring their own caterers or require your customers work with a particular caterer that you chose.
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.
#12 – Rev is a transcription company that requires you to work as much or little as you want. As a qualification, you need to pass the skill test for you to access the transcription assignments. The pay ranges between $24-$39 per audio hour made every week through PayPal.
I think providing eBay selling and shipping services is a great, high-demand service business. This is a very different business than what I would call eBay trading where you buy and sell products on eBay. A trading business can have high potential but it also has higher risks and may take longer to make money at.
Lots of businesses try to save money by hiring people as independent contractors rather than full-time employees. The IRS will impose large penalties on businesses that do not withhold and pay taxes for workers that it considers full-time employees rather than independent contractors. Here are some things the IRS will look at to determine whether a worker is an independent contractor or a full-time employee:
Understand the needs of your market. Listen to what people say and what they need in the area. If something they mention is an interest of yours and you are good at it, you should definitely try it. This applies locally just as well as it does online. Every good business idea fulfills a need in the market.
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.
Ghostwriting pays pretty well, and if you’re talented at researching and creating great content within a certain subject domain, you can quickly build a roster of high-paying clientele with this business idea. Ghostwriters like Jeff Haden have created very lucrative careers for themselves by writing for business executives and CEO’s—and Jeff also started his ghostwriting career as a side business idea outside of his full-time job as a factory manager. Listen to his interview with me on The Side Hustle Project (podcast) right here.
Does the other person complement your weaknesses? Or do both of you bring only one set of the same skills to the table? If the latter, be wary as you can have too many people doing the same thing while other things are left unattended.
The Square is a card swiping device which connects with a smartphone or tablet and turns that device into a sort of cash register. You may have encountered this device in the businesses you frequent, as they are becoming common at coffee shops, restaurants, street food stands and other businesses (look for a postage-stamp sized plastic square plugged into a tablet or phone).
WineShop At Home – Frequently recognized at international wine competitions, our wines are deliciously different, wonderfully one-of-a-kind and exclusive to us. WineShop At Home Independent Wine Consultants earn an income by marketing our artisan wines through in-home Wine Tastings and they have FUN doing so. Tasting & learning about wine with friends, what’s not to love? Come for the Taste and Stay for the Lifestyle with us! Three Business Kits to choose from starting at $79. Contact Shelley Whitmarsh-Beal, Director of Field Development @ Shelley@wineshopathome.com for more info.
If you speak like James Earl Jones or Scarlett Johansson, quite a number of digital publishers (including game developers, animated film-makers, and training video producers) pay good money for voice talent and the time investment isn’t too intensive—making this a great side business idea. You can find these publishers looking for voice-over artists on sites like PeoplePerHour, Freelancer and Upwork, as well as their calls for talent directly on their websites or through voiceover agents. If you do pursue this as a side business idea, be prepared to invest for the long-haul as it can be a very competitive industry.
You could sell or repair drones, or you could provide one of an unlimited number of drone services. You could provide drone photography or video-taping such as of sporting events, you could offer drones for parties, you could offer drones to inspect infrastructure. There is almost no limit to what you can do with drones!
As you know, many people opt to contact companies via email rather than by chat or phone. Because of this, some companies do hire for work at home email support. These jobs are a little hard to find, I come across very few when I’m researching work at home job leads. You can read this blog post for everything I’ve been able to find about these jobs.
Websites aren’t too dissimilar to stocks. Many are junk, but some can generate value for you, making it a strong potential business idea if you have an eye for spotting the diamond in the rough That’s why, like stocks, they are bought and sold all the time. You can buy and sell websites as a side business idea in the hope of generating future earnings based on their user traffic, current revenue intake, domain name, or some other factors that might be a hidden cash cow everyone else has overlooked. Interested? Check out marketplaces like Flippa and Flipping Enterprises to learn more.
So, you have the entrepreneurial spirit but not a lot of tech know-how? Despite all of the high-tech startups that have popped up in recent years, there are still plenty of small business options out there that don’t require you to know the difference between CSS and QR codes. Below are low tech business ideas you can start this year.
Potential challenges: Insurance is a must with this business, given the risks of injury to yourself or employees, or the possibility of damaging appliances. You might also face competition from established appliance repair businesses.
It doesn’t happen overnight, but licensing a foreign product for sale domestically, can be a lucrative business idea that (at times) leads to a big payoff down the road. Invest intelligently, sell a product you believe in, and you can reap the rewards for years to come.
If your area of expertise is public relations or you want to try and make money writing from home, there are opportunities out there that could be right for you. Learn about virtual PR firms as well as how to earn income as a blogger, writer, or editor.
You can provide full service grooming without any overhead by visiting pets at their homes. Or you can have a store front with full service grooming. Or you can provide a do-it-yourself pet grooming facility. Location matters. One do-it-yourself pet grooming facility was highly successful with a location on a busy road, but another location they had on a secondary road, just off the center of town, did not work out.
I’ve owned a lot of boats (and even built a couple) and I’ll tell you most boat owners want their boats totally ship-shape! And yet boats tend to get dirty easily! Which leads to a great demand for boat maintenance and cleaning. To make a go of this, you want to have a good concentration of boats in one town, at one harbor or ideally on one dock. So, do a great job (this is a finicky crowd), don’t sell on price, be dependable and you will build word of mouth. I would also do as much work as possible wearing my company T-shirt, when boat owners are around cleaning their own boats…such as on Saturday mornings.
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.
Valentine’s day. Birthdays. Weddings. The list goes on and on—throughout the course of a year, there are dozens of occasions when people need to order flowers. What’s more is that once you’re up to speed with this business idea, your costs can stay relatively low if you know where to source your flowers, and typical margins are in the neighborhood of 300% (or more) on cut flowers which makes this a particularly profitable side business idea in the right geographic area. Check out this amazing interview with floral designer, Sara Tedford of Ladybird Poppy to hear about how her floral design company started out as a side business idea of doing weddings and events for her friends and family.
Investment: Startup costs will depend on the type of services you provide. The upfront costs should be lower if the business is nonmedical and assists seniors with basic daily tasks, although training and licensing may still be required.
Busy people could often use some help with their day-to-day tasks. Starting an errand service means you can charge people to take care of things like grocery shopping, dry cleaning and other odd jobs.
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.
Find an audience for your passion or hobby and you’re all set to monetize something you love via a niche website as a side business idea. That of course, is easier said than done, something not intended for the faint of heart. Prepare to invest a lot of your time, but if you can hurdle the steep challenges and positively answer a few key questions on whether the website business idea you’re thinking about is profitable, then you can begin building it.
Be different. Don’t design your logo to look just like that of your leading competitor. This is a great opportunity to set yourself apart. How are people supposed to get excited about your business if they can’t tell you apart from the competition?