Find out what legal steps you need to take, such as getting a local business permit, obtaining a state license, passing health department requirements, incorporating, getting a sales tax license or buying liability insurance.
Set up your home office. To work effectively, you’ll need to have a dedicated business space within your home. If you work locally, this is also your commercial space. You’ll need to create an area separate from family members, pets, and other distractions. If possible, separate this area as much as possible from the rest of your home. The physical separation will help create mental separation between your home life and work life and also make the tax deduction for a home-based office less subjective.
You need to start out with a good location and you need to do some marketing to get going. This business may also end up being more work than you envision. Something will often need repair, every guest will seem to have a special request, and there will frequently be some renovation or upgrade project you will want to work on. But if you like meeting and entertaining new people, and have lots of energy, this can be good solid business.
There are several loan programs aimed at helping first-time entrepreneurs set up their business. The Small Business Administration (SBA) operates the loan programs offered by the U.S. government. To qualify for the loan, your business must meet some criteria such as your business must operate in the United States, your business must qualify as a small business according to SBA guidelines, you must operate for profit and you should have a good credit score.
For a new business, acquiring commercial restaurant equipment can feel daunting. Take the headache out of this task when you browse our helpful restaurant equipment list, which incorporates the basics you’ll need before launch.
Sometimes these are full-service firms that not only do the design but also perform the work. The closer your expertise and confidence allow you to get towards high-end landscape design, the higher an income you will be able to command.
Reynolds & Reynolds – Read Review – This is another company with occasional call analyst positions open. US only. Low pay — starting at around $7 or $8 hourly. You can get paid bi-weekly via direct deposit to your bank account.
Companies large and small need to be posting regularly to social media or they will be left behind. Many companies outsource this work to social media specialists. This is a great business because you will receive ongoing work and a recurring revenue stream. And the work is easy enough that over time you can delegate the day to day posting work and build a social media agency empire!
Have strong English skills and exceptional grammar? You may have opportunities to work as a proofreader from home. Advertising for this can be difficult; seek out those who might actually be able to use your services and advertise directly to them.
When making a website keep in mind that simplicity and clarity are key. A simple design that clearly states what you do, how you do it, and what you charge is most effective. When making your website, remember to emphasize why your business is the best solution to a clients problem.
Large corporations often contract smaller companies to provide phone and online customer service, and these smaller companies specifically hire home workers. Typically you’ll spend the day on the phone in front of your computer and will answer calls or respond to questions online.
Or you could focus more on building up your own social media accounts and eventually build your business as a social media influencer who earns an income from posting about various brands and promotions.
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.
Every website owner (including myself) hires copywriters to write content for things like about pages, FAQ’s, or blog posts. Hourly wages for novice copywriters are not very high, but with some experience and a growing portfolio, you can become a freelance writer today and soon be charging more than you make at your full-time job if you find the right clients and brand yourself as an expert with this side business idea. Check out one of my most talented friends, Jory Mackay, for an example of someone who’s doing a great job of positioning himself as a premium service-provider with his freelance writing side business idea. Then when you’re ready to start cold emailing potential clients, pick up my free downloadable freelance proposal template and get started today.
From there, you need to learn which tools, resources, and feedback communities you can use to accelerate the pace at which you’re able to launch. Check out these 101 essential tools and resources I use to launch profitable side hustle businesses.
This is another heavily regulated business and it’s competitive. But companies that need security need it on an on-going basis and typically they need more than one person. That means every assignment you get can be an annuity stream as long as you service the customer well.
Data entry clerks come from all different backgrounds including, data entry, telemarketing, customer service, sales, clerical, secretary, administrative assistant, warehouse, inventory, receptionist, call center, part-time, retail fields & more…
One of the primary amenities that small towns tend to lack is decent shopping. And we don’t just mean a large shopping mall. Often, those living in smaller towns and communities have to drive significant mileage just for basic clothing necessities. That’s why starting a clothing boutique will not only put you on the map but will make you a popular destination for most residents in the vicinity. You’ll pretty much be the mall substitute for all things teen-related. Just make sure to stay up-to-date on the latest trends. But they’ll let you know if you don’t!
Form a business entity. You’ll need to decide what type of business entity you want to be, for tax purposes and hopefully to eventually attract investors. You will do this after you’ve decided whether you will need money from others either in equity or loans and with the advice of your legal and accounting experts. It is one of the last steps taken before you actually spend money or ask someone for money. Most people are familiar with corporations, LLCs, etc., but for the vast majority of small business owners, you will need to form one of the following:
To succeed at this business, I would carefully perfect a few interesting smoothies drinks. Then I would search hard for a location with very high foot traffic location. I would much rather have a tiny location with lots of traffic and high rent per square foot, than a much larger location with the same total rent but less traffic.
One major reason why? Technology has enabled the phenomenon known as open innovation to thrive. Open innovation is a paradigm shift that embraces the benefits of transparency and collaboration as they relate to idea-sharing. Dr. Henry Chesbrough, a professor at UC Berkeley’s Haas School of Business, first described the concept at length in his 2003 book of the same name.
Cover the financials. The financial statements translate your marketing and operational plans into numbers — profits and cash flow. They identify how much money you will need and how much you might make. Since this is the most dynamic part of your plan, and perhaps the most important for long-term stability, you should update this monthly for the first year, quarterly for the second year, and then annually after that.
I love Gene Mahon’s blog about Nantucket. Great photos and well presented. Overtime he has built up a good advertising base. Like any blog it takes time, energy, consistency and patience to build a following. But if you enjoy taking pictures, attending events and meeting people, a local blog can be a lot of fun.
Your target market. Who are you selling to? Don’t be afraid to get mega-specific here. Age, gender, location, income level — all of it’s relevant, and the more specifically you can define your market, the more effectively you’ll be able to sell to them.
Contrary to popular belief, there are genuine work from home jobs where you don’t need a website to earn good money. Working at home allows you to set your own hours. Most of the legitimate work at home jobs are based on contracts and you work as a freelancer. Genuine Work From Home Jobs continued…
Many businesses and civic institutions need individuals who can clean their offices and common areas outside of normal business hours. If you’re willing to work some nights and weekends, you can build a cleaning side business and get in shape all in one fell swoop.
Every town, big or small, needs (and deserves) a few good restaurants. Your local pizza castle won’t suffice for all occasions and events. But much like owning a bakery, opening a restaurant is not something to go into halfheartedly. You need to have the passion, the drive, and the obsession of both a great entrepreneur and a chef (or at least a hard-core foodie).
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.
As a TTEC@Home associate, you’ll use our technology to support and assist customers with a variety of customer service and technical needs. This could include helping customers over the phone, via chat, or on social media. Best of all, you can do it all while wearing your slippers or flip flops! (To get started, you’ll need internet access and a home phone. Bunny slippers are optional.)
Textbroker – Read Review – Open to US and some other countries. Pay depends on your star rating when you apply. Pay ranges between a seventh of a cent per word and five cents per word at the highest level. Pay is weekly via Paypal provided you have at least $10 in your account.
Washing windows for retail stores is about as simple as it gets. Just get your cleaning supplies and knock on the doors of retail stores, asking if they want their windows cleaned. If you get some takers you could arrange to make it into a regular service.
#2 – Working Solutions – Read review – is a company that offers diverse services including telemarketing, remote agents, and CRM solutions. Successful applicants/Agents receive free training and can work from any location. Payment is per project and can reach up to $30 per hour.
Even after you create your company’s name, do not omit these identifying letters on marketing materials, advertisements, or business transactions. Doing so may lead to unintended consequences. For example, if you leave “LLC” out of your name while doing business, a judge may find that you entered into a business deal as an individual, and not as an LLC. If this happens, you may be found personally liable and may not receive the limited liability shield you anticipated.
As an ABC Fundraising® distributor you will have the opportunity to offer a large variety of unique and highly profitable fundraisers including The Entertainment® Card, with up to 75% Profit! and Spinners® with up to 97% Profit! We are constantly adding new unique fundraisers to our catalog which always come with bonus Scratch & Help® cards or Spinners® to increase your client’s profit to the HIGHEST in the fundraising industry!
You can power wash houses, commercial buildings, driveways, patios, motor vehicles and more. You will need to be registered, probably have to post a bond, and there may be environmental issues because of the water usage. This is a business you will want to learn carefully. But the upside is that there are many potential markets for your services.
Remember my earlier post about breakfast burritos? Making meals in advance is a great way to save money for yourself – but you can often prepare these for others as well and sell them for a markup. Prepare eight casseroles, for example, then sell six of them to cover your costs, and you’ve got two free dinners for your family (and maybe a bit more). You can grow this by taking orders from others and finding out what they like.
Where there are homes, there will be children and where there are children there will be tears over math and grammar. Though the internet abounds with online tutoring services, nothing can ever replace the benefits of having an in-person teacher. In addition to being a great business idea for small towns, tutoring can also be a profitable business for both yourself and those working for you. If you are looking to hire employees, we recommend starting with a few tutors that specialize in math, reading, writing, and science. Don’t attempt to hire tutors that brand themselves as a jack of all subjects, those individuals are few and far between and most likely would be too expensive for you to employ from the start. Instead, look for tutors that specialize in one subject and have previous tutoring or teaching experience.
Depending on the type of business you’re in, your business structure, whether you’re hiring local Illinoisans, and where you set up shop, syncing with the tax code can happen as easily as hockey melded with Chicago.
Regardless of the business idea you choose for your small town, proper planning is essential to the success of the business. And since owning a small business is both a major lifestyle and time commitment, make sure your choice is one you see bringing you both profit and joy for the foreseeable future.
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.
Resource Recommendation: Once you’ve taken this first step, it’s time to start thinking about managing your finances going forward. If you’re not ready to hire an accountant, there are a bunch of reputable accounting software programs out there. We run through some of the best options in our top accounting software ranking.
Nicole received her Bachelor’s degree in Media, Culture and Communication from New York University. She began freelancing for Business News Daily in 2010 and joined the team as a staff writer three years later. She currently serves as the managing editor. Reach her by email, or follow her on Twitter.
You can work from home giving your expert advice on various topics to people who need it. If you can prove your expertise in a certain field, then you may qualify to do this work, although for some it’s just extra money here and there. This is often non-phone because you may be able to give your advice via email or chat.
Define your team. Will you do this alone, or will you bring in one or two trusted friends to join you? This brings a lot of synergy to the table, as people bounce ideas off each other. Two people together can often create something that is greater than the sum of the two separate parts.
InboxDollars here you can earn cash for surveys, reading emails, playing games, redeeming coupons, searching the web and shopping online. Membership is free, and you’ll receive $5.00 for signing up. Payments are made via check.Love playing games on your mobile?