Get an accountant. You’ll want someone who can deftly handle your financials, but even if you feel you can handle your own books, you’ll still need someone who understands the tax side of running a business. Taxes with businesses can get complicated, so you’ll need (at a minimum) a tax advisor. Again, no matter how much of your finances they’re handling, this should be someone trustworthy.
If you have a talent for helping people look their best, and know how to mesmerize with eyeliners and turn heads with lipsticks, consider using your beauty skills to pursue this easily profitable side business idea. For under $2000, you can start your own make-up artist business which can make for the foundation of a potentially lucrative side business idea that turns a profit largely by referrals and word-of-mouth from your happy customers.
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.
Shutterstock – Read Review – May be open worldwide. This popular stock photo company has occasional openings for remote image reviewers, where you determine which submitted photos should make it onto the Shutterstock website. Pay and other details are under wraps — workers are required to sign an NDA, so it’s hard to find many details online.
Be willing to evolve. If you come to find that your initial marketing plan just isn’t working, it’s time to do some more research and reevaluate your approach. Don’t just keep pouring time and money into a strategy that isn’t getting results.
It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
Writer, side project aficionado, and part-time entrepreneur. Join me here, on ryrob.com and learn how to start a business while working full-time. Let’s chat on Twitter about business and side projects.
But you aren’t driving to your potential new employer and going in for a traditional interview. You’ve applied for a virtual position and thus will be participating in a virtual interview. Well, this presents an entirely different scenario now, doesn’t it? How do you make a great impression virtually? Read these tips to ace your virtual interview.
If you know how to play an instrument well (particularly the piano or the guitar) and have patience, you’ve got what you need to teach others how to play. Offer lessons in that instrument to others – this can also be an excellent service to barter with, too.
Totspot is a mom-to-mom mobile marketplace for buying and selling gently used or new children’s clothing. Totspot users can list clothing items for sale in less than one minute, and all transactions are handled in-app. Totspot then notifies the seller when their item is purchased.
Luckily, there are tons of ways to start businesses and make money with a side hustle while still leading a well-rounded, meaningful life. If you play your cards right, you’ll be able to quit your day job and grow your side business idea into an empowering self-employed career.
#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.
Follow the naming guidelines: Your entity name must contain the words Limited Liability Company or the abbreviation L.L.C. or LLC. Restricted words (e.g. Bank, Attorney, University) require additional paperwork and may require a licensed individual, such as a doctor or lawyer, to be part of the LLC. Prohibited words are those that would confuse the name of your LLC with a federal or state agency (e.g. FBI, Secret Service, Treasury etc.)
You will also want to define your marketing message. In other words, what will you say to convince customers to choose your product? Here, you want to focus on your Unique Selling Point (also known as USP). This is the unique advantage your product has to solve your customers problem. For example, you may be lower cost, faster, or higher quality than your peers.
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.
If you are thinking of becoming a property tycoon but can’t swing the down payment on your first property, this is a good business to start in. It’s good steady income and you get to learn the ins and outs of owning property. You also may come across multi-family properties that are for sale before they get advertised.
Driving for one of the two globally expanding app-centric taxi alternative services, Uber or Lyft can still be a fairly lucrative way to earn money as a side business idea on nights and weekends—working only when you want. But before you dive head first into this side business idea, do your homework and calculate the costs of extra gas, mileage, tires, wear & tear and usage on your vehicle—it’s not a guaranteed business idea that’ll turn a huge profit every weekend.
I cringe at the thought of “wasting” any time running errands. It is no wonder that many people love to hire others to run their errands, in addition to those people who may be home-bound for health reasons. Errands often take longer than you think, so you may be better off charging on an hourly basis.
Getting ready for a child is a special time and having a nursery all set up is a wonderful way to get ready. You can really have fun developing striking nursery designs for your clients and make good money by bringing it all together for them.
All of these are excellent ideas, and really go to show that you don’t need some groundbreaking new idea to start a business. Just pick one of these ideas that appeals to you and put yourself out there, and you’re already ahead of all the other people who are still in the “thinking about starting a business” phase (a phase that never ends for most people).
Selling and installing key control systems for hotels and other commercial businesses has a lot going for it. You are selling the latest technology, there is a strong service component, and your target market is businesses that can afford to spend a lot of money for this valuable service. For example, with a key control system a company can limit the hours that some employees may access their facility and if they let go an employee they can just de-activate their card, rather than having to call a locksmith to redo every lock.
Since many of the products you can dropship are commodities and will be unbranded, your business will be competing with others through marketing and quality customer service. In other words, it often boils down to whether you can sell a product better than the competition.