Everyone puts off cleaning up their messy garage! They need your help! And lots of people, especially guys would jump at the chance to have a beautifully finished garage to proudly house their favorite automobile!
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.
Americans purchase on average 6.5 billion greeting cards each year. While sales are estimated between $7 and $8 billion annually, according to the Greeting Card Association, many of these cards are now purchased in big box stores, such as Target and Walmart. Those living in small towns often don’t have access to these types of stores, at least not in their immediate vicinity. Providing the people of your town with a place to not only purchase cards but gifts as well is a prime retail opportunity. The variety and diversity of products you can carry are endless, which allows you the freedom to play around with your inventory until you find that special mix of products for your small town business.
A lot of business people are good at producing their product or delivering their service, but less good about keeping careful accounting records. That’s where you come in. You may visit a small business every week or two, pay bills, send out invoices and keep accounting records.
These consultants will not only hold your hand right through the setup process but will also actually register the company for you. And will help with opening your bank account, arrange for an auditor, do your renewals and offer you nominee services.
According to the Innovation Benchmark report published by PwC this year, open innovation has become the most popular operating model around the globe. That’s the conclusion reached by a survey of over 1,200 executives in 44 countries. More collaborative forms of innovation, including open innovation, design thinking, and co-creation, have outpaced traditional R&D. I’m not surprised.
Ensure that your chosen name is available. In order to register your LLC with the name you’ve chosen, you must search to make sure that the name is available in the state where you plan to file your LLC. To check name availability, you must look through the secretary of state’s database of registered names.
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.
Alterations is a great steady income business, easy to start on the side. Then after you’ve begun to build a clientele, you may want to quit your day job and open a small storefront location. Begin by promoting to friends and friends of friends on social media. I would charge by the job, but carefully estimate how long each job will take you and base your job rates on your time estimates.
I’ve rented boats and bicycles and this can be a decent business. For canoes, you don’t need a waterfront location. You can rent canoes from a highly-trafficked location on the side of the road, and then provide roof racks for your customers’ cars.
When you get an account with a School, Church or Youth Group etc., that account is yours to keep! You can make money year after year with just 1 account. The amount of money you earn as a distributor will be based on the amount of time and effort you put in as well as your natural ability as a sales person. ABC Fundraising® makes no guarantees as to how much money you will earn.
That said, dropshipping is a low-investment way to test product-market fit and launch a business before you invest in your own original products. Just be sure to always order a sample for yourself to make sure that your supplier is reliable and that the quality of the products is fit for selling to your customers.
Like birthdays, marriages happen all the time. Which means you can treat weddings as a recurring fountain of business opportunities: wedding dresses and coats, jewelers, food caterers, venue providers, photographers and videographers, performers, flower shops, travel agencies, souvenir crafts, and a host of other ventures. Now imagine if you can form a network of these service providers so you can offer engaged couples a range of hassle-free wedding packages as a turnkey business idea. The process is certainly fun (and time-consuming), but as a side business idea, the pay can be pretty great.
Take the time to develop your skills at either making your own music, or becoming a pro at mixing, and your side business idea of dj-ing local events could turn into a much bigger endeavor. Though you’ll first need to command a solid knowledge of sound design, mixing and music production before expecting to land your first gig with this business idea, as developing an entirely new skill set is not for the faint of heart.
If you want to maintain full control over your business, seeking an angel investor may not be the right route, since oftentimes they’ll want partial control of the company. If you don’t have any high-value assets you can part with, selling assets to fund your business wouldn’t be the right fit for you.
I love being a part of TTEC@home because of the flexibility of the schedule. There are way more benefits to working from home than most people realize. I save money on transportation and clothing. I save time. I have a tax write-off. And I have less anxiety. The bonus of working with TTEC is that I’ve met some great people and have learned new skills.
Potential challenges: It’s a challenging business to operate. Obstacles include securing financing, choosing a location that will attract customers, picking out the right equipment and ingredients to brew beer, and obtaining the proper permits and licenses.
Pet grooming and boarding are also businesses where convenience and distance matter, making them perfect ideas for rural businesses. No one wants to drive two towns over to drop their pet off for a trim, nor drive back to pick them up. Since most small towns don’t have a pet specialty chain such as a Petco, businesses can also capitalize on the lack of a major pet store where owners would usually purchase food, toys, and clothing for their pets. If you plan your business well, you can become the one-stop shop for all things furry. And that translates to big profits.
The traditional 9-5 job in an office is becoming increasingly obsolete, Fast Company reports. Not only are more people in the corporate world doing more from home, thanks to the internet, but side gigs are on the rise. More than a third of us — nearly 54 million people did some freelance work in the past year. That represents a growth of 700,000 more freelancers than the previous year. According to FlexJobs, there are more opportunities opening for full-time remote work, even for those at the executive level. Brie Reynolds, director of online content at FlexJobs, told the magazine: “Professionals who’ve spent years honing their skills and experience don’t need to sacrifice their hard work in order to find better work-life balance.” Analyzing listings from more than 40,000 companies in the FlexJobs database indicates that companies ranging from Dell and UnitedHealth Group to Xerox, SAP, and Salesforce were among the top 25 employers with the most available remote jobs. Although health care, technology, and education are the most well-represented industries, there are also openings in finance, hospitality, and research.
Another way to hold onto your competitive edge is to stay proactive. If you know that your business is going to face challenges or encroachment by a competitor, don’t wait to react — plan ahead and you’ll stay ahead.
Check into legal barriers for your business. Some areas have certain rules and regulations for home based businesses, and you need to check into those at your town’s city hall before investing much time or money in your business. Some areas just make home based business owners carry a business license and nothing else. Not knowing about these regulations can be devastating to your business.
#48 – Stitch Fix – If you are a fashionista with a creative eye, try Stitch Fix a company that allows you to share fashion tips with clients on the site. For work at home stylist, Stitch Fix offers a $16+ an hour pay. As a requirement, you must be 18 years of age or more and be ready to attend their off-site training before starting the job.