steps to starting a business | setting up a new business

If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? Take my friend, Mark Jackson’s lead with what he’s doing to build a travel consulting side business idea. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals and eventually you could spin this business idea into a full-time consultancy teaching people how to make your dream trip a reality.
Employment Options offers work-at-home jobs for citizens receiving SSDI and/or SSI disability benefits in 47 states. Their services are free as part of a national return to work program. The jobs they have with leading national employers are for various skill levels and are Customer Service or Tech Support based with opportunities to specialize in Billing & Coding, Information Technology, Nursing, Case Management, Concierge, Sales, Reservations, Travel and more. They also offer onsite community positions as well. Simply apply on their website to get started and their staff will follow-up within two business days.
This article was shared on the Serious Small Business group on LinkedIn by one of our members. The LinkedIn group is sponsored by Serious Small Business Magazine and is a perfect fit to a current topic the group is exploring.

Are you an audiophile? If you have a great sound system and a large selection of music, you’ve already got what you need to hire yourself out as a DJ for various events and receptions. This is a great way to fill an afternoon or evening while also earning some cash in the process.
A business plan helps you figure out where your company is going, how it will overcome any potential difficulties and what you need to sustain it. A full guide to writing your plan can be found here, and when you’re ready to put pen to paper, these free templates can help.
We know that a company’s success starts with its employees. We also know that an individual’s success starts with the right career opportunity. As a Best of Staffing ® Client and Talent leader, Aerotek’s people-focused approach yields competitive advantage…
I learned what works in business. And I learned what doesn’t work. I learned what are good businesses and what are not. I have also learned that you don’t need lots of money or experience to start most businesses.
S Corp: S Corps require a much more formal structure than LLCs. They’re made up of a board of directors, corporate officers, and up to 100 U.S. shareholders. However, like LLCs, S Corps aren’t subject to double taxation — all of the profits are claimed on the shareholders’ personal taxes.
Assess your financing needs. While starting a business from home can be more affordable than starting a traditional business, you will still need money to get started. As you form your home business idea, think about how much money you will need to buy inventory, buy your production equipment, or cover any other initial costs. If you don’t have a lot in savings, you can also get a business loan to get started, but this would mean qualifying for and then subsequently being responsible for a loan, which can be difficult for a new business. Consider your financing options carefully as you set up your home business.
It may seem like all of the good business ideas or the best small ideas have been taken, but they are not. Most successful small business ideas come from individuals who work for someone and they believe they can do better.
In Boston one of the very best high skyscraper restaurant locations was taken over by a banquet facility company. The owner of this business grew up in the restaurant business but decided to build his own business exclusively around banquets. A banquet facility is an interesting alternative to the difficult restaurant business. You get to match your labor and food costs closely to your income. And by having a dedicated space and a tightly focused business you should be able to execute well.
One of my friends developed a great retail business with several small gift locations inside of shopping malls. She taught herself to make mouth-watering candy by practicing up in her kitchen. Most of her candy she made herself, but she did compliment her offerings with a few products she bought wholesale.
I find the car wash business highly attractive and even considered opening one at one point. You have a regular clientele, in many areas the competition isn’t too intense, and there is lots of room to upsell more expensive services like detailing. If I was going to go into this business, I might consider starting with a smaller facility in a smaller market, and really learning the business before going for a larger facility, in a more competitive marketplace.
Wouldn’t you enjoy making kids smile and laugh? What a great way to earn some good money, especially at kids’ birthdays and Bar and Bat mitzvahs! Business will be heavily focused on weekends, so you can hold onto your day job as you build your clientele. I met a professional clown who told me that he charged $200 an hour…for that price I’ll put the clown suit on right now!
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.
The question I’m asked the most (by far) when I meet and speak with fellow entrepreneurs is, “How do I know which business idea is best for me?” This one is always quickly followed by, “How do I start on this side business idea while I’m still working my full-time job?”
Banks levy varying charges. For a business startup, these can amount to a substantial sum for a bank-dependent operation. Always confirm the requirements and charges beforehand. Do not choose a bank based on only the reputation.
There is a big difference between mowing a lawn and performing a full landscaping service. At the highest end are landscape designers, who design elaborate and unique landscape changes for your property.
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.
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.
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.
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. Just take a look at what Jacob Huss of Soteria Designs is doing wit his hobby of hand-building furniture and wood jewelry. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
Make sure your strategy is measurable. You need to have a method in place for measuring the tangible results of your marketing efforts. We’re not just talking about the number of clicks, views or likes you’re getting — if your strategy isn’t generating sales, it’s all for nothing.
All those phone calls you get from non-profits looking for donations…the majority of those calls aren’t from the non-profits themselves, they are from fund-raising firms. Yes, you could put together a phone solicitation service for non-profits, but fundraising is increasingly turning to inbound marketing. You could develop strategic inbound marketing plans and/or execute these plans for your customers.
The first thought that comes to mind for mobile hair salon is that you save the overhead of having a storefront location. However, you are also offering a convenience for your customers. Assisted living facilities and senior citizens trying to minimize trips out of the home will especially appreciate mobile hair salon services.
Create a budget, dividing it into sections that list your pre-launch startup expenses and your post-launch operating costs. The budget should include the direct costs to make your product and the overhead costs to run the business. It also should show a break-even point and the profit potential. Create a first-year budget and a three-year budget. It often takes more than one year for a business to become profitable and pay back its initial startup costs.
Several of my friends have done this both as a side business and a main business. The ones doing it as a side business have actually done better. I think that is partly because they have waited patiently for better deals to buy.
Healthy Hands Cooking provides stay-at-home moms with a passion for nutrition and kids, the chance to make a healthy income while making a difference in kids’ lives. Keep 100% of your income, empower kids in your community with vital, healthy living skills, and LOVE WHAT YOU DO!
Potential challenges: You are responsible for the safety of children, and you should plan for accidents to happen — that’s why insurance is crucial. This can also be a stressful business to operate, so the ability to handle or cope with stress is vital.
Bridal consulting/wedding planning seems like a lot of fun to get into, but it is also a lot of work, stressful at times and competitive. Nonetheless an established bridal consultant can earn very good money.
A growing senior population means higher demand for home health care services. The 65-and-older population will grow to 98 million by the year 2060, more than twice the number in 2014, according to the Administration for Community Living.

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