what do i need to start my own business | setting up a new business

I believe that every business, even a lemonade stand, should have a business plan. But many people either hesitate to create a plan or don’t know how to do it. That’s where you come in. But remember your big value added is to help your clients learn how to develop a framework for making critical strategic decisions for their business, not just to create a nice-looking document.
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.
Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn’t stopped thousands of people from building successful side business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.
Short tasks are often just extra money and rewards, but it’s something a lot of people do to fill in the gaps between other types of work from home jobs. The tasks available will vary from site to site.
This article is Part 1 of a 2-part series focusing on selling a business. Sales of business are strong! In recent years, privately owned business account for almost 70% of these transactions. Most business owners do not have prior experience selling …
If you have a knack for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great side business idea for you. Many startups seek part-time and commission-only salespeople, especially when they’re just getting started, which means you’ll often be able to make this a home based business idea. Develop your sales strategies, become an inside sales rep and perfect your cold calling skills on the side in your free time for nothing but commission, negotiate a little equity and you could profit big time if you’re pitching a solid product and the startup succeeds. Start your sales education with the acclaimed books, Secrets of a Master Closer and To Sell is Human by famed bestselling author Daniel Pink and you’ll be well on your way to getting this side business idea off the ground.
Many small businesses in your community could use a very basic web presence to tell others about their business. Quite often, these businesses don’t have a large budget for such things. That’s where you come in – get a bunch of clients from the local community by beating the pavement, create sites for them, and maintain them for a small fee. Get enough businesses and you have a nice side business of your own that doesn’t require a ton of maintenance time.
Potential challenges: There are plenty of wedding photographers out there already, so you need a good business plan to stand out from the competition. It may also be seasonally dependent, with higher demand in warmer months.
If you buy a franchise, they may come with back-office support to help you run your business, including with money transactions. If you’re running the business on your own, you could use a service like Paypal to conduct any transactions.

Find your state’s LLC laws. The name that you choose for your LLC must comply with your state’s laws. While there will be variation, most states do not allow LLC names that are duplicates of existing business names or extremely similar to an existing name. States also may have other restrictions on the type of name you can choose.
What could be easier? You sit in the chair and watch the dog chase its tail! OK so there’s a little more work to it than that, but still this is not the toughest job in the world–especially if you like animals! I am surprised to hear how much money people will pay for pet sitters if they believe their pets are being really well cared for.
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!
Transcription work from home jobs involve listening to audio files and typing out what you hear. While some types of transcription (such as medical) require training, it is possible to break into general transcription with little to no past experience. Before you start digging through the companies below, you may want to read this post about what general transcription involves and this post about the equipment transcribers use.
For many people, working from home on the side or full time can be an attractive option, whether they’re trying to make a few extra bucks or start a new career. However, starting a home based business, like starting any other business, requires a large amount of planning and personal commitment. You’ll have to plan out your strategy, work out all the little details, and then put in the work to make it happen. Luckily, by using your home as your business space, you avoid some of the costs and hassles associated with classic businesses, like renting commercial space and meeting certain permit requirements.
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.
To estimate your start-up costs, begin by creating two lists — one of things you’ll treat as expenses, one for your assets. Don’t forget to consider items such as brochures, business cards and website development costs or any security deposits you need to make. Consider whether you need the help of a consultant, tax adviser or lawyer to get started. Next, categorize these items as essential or optional — do you really need to spend money on these before you start making any kind of income?
C Corporation: C-corps are organized in the same manner as S-corps, but there’s no limit to the number of shareholders you can have. A C-corp is the only structure that faces double taxation, meaning the business and the shareholders are both required to pay taxes on the profits.
Virtual Office Temps offers professional business services: clerical support, administration, creativity, management, sales support and personal services. Apply to be a home-based virtual assistant and make $10 – $35 per hour based on the project.
Two of the biggest problems of operating a retail store are the overhead of having a storefront and the risk and cost of carrying inventory. With a virtual consignment store you eliminate both of these problems! You could take it one step further and have your suppliers drop ship the goods for you.
Similar to wedding coordinators, event planners work with clients to plan and organize the various aspects of their events. You can work with an even bigger array of clients by being open to the types of events you’ll work on.
What’s your favorite color and scent of soap? Wouldn’t it be fun to play around with variations to be make it even better? And then you could take your finished product and go show it off to potential customers!
I need funds for state filing and office equipment. I am also a paraplegic so my mobility is very limited but a home-based business would be ideal for me. Does anyone have any specific suggestions for me to raise funds for this. I need about $3500.
When it comes time to officially form your business, we highly recommend seeking professional help. Using an online filing service is an inexpensive alternative to consulting with a lawyer, and many of them offer other necessary services at low rates when you form your business with them.
One thing that most small towns have in common is grass, lots, and lots of grass. Since small towns tend to be in rural areas, more residents are likely to have lawns and larger gardens. That means people will be on the hunt for lawn and gardening services. A few of the benefits to starting a business such as this in a small town is its predictability, reliability, and scalability. Once you begin finding customers, as long as you have quality services that are reasonably priced, you’re likely to keep the same customers for years. You’ll also be able to predict the repeat services that customers will need. Not only does grass need to be cut repeatedly, but lawns need to be fertilized and treated for weeds and bugs on a regular basis. Lawn care is also an ideal small town business idea that will scale well. You can start off by offering a few services such as lawn and shrubbery care, but can later expand to offering landscaping services as well.
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.
If you’ve been searching for work from home more than a minute you know how much crap is out there. You know that everything that glitters isn’t gold! You already know that most work at home opportunities want to take your money and not help you make it! We’ve all been taught to be skeptical of work at home opportunities and to trust the BBB for insight. But have we been lied to? The answer may shock you.
Build a trusting customer base. By adjusting to your customers’ needs and consistently providing good services or products, you get the best form of free advertising: word of mouth recommendations. Your customers will recommend you to their friends if they are truly satisfied with your work, and your business will grow accordingly. You’ll have get some customers coming back for repeat service and build up a consistent revenue pipeline.
You would think that in this day and age of electronic communication that messengers were something of the past—but no messenger services are still vibrant. In larger cities bicycle courier services are popular and in smaller cities local messenger services rely exclusively on cars.
While you can order one book at a time, costs naturally go down when you buy in bulk. You can consider pre-selling your book idea through Kickstarter to ensure that there’s demand and guarantee a certain number of customers for a bulk order.
Take Action: We hammer down on this a lot – start marketing as close to home as possible. If you only have one or two clients/users/customers, then show them as much love as you can. Shower them with incentives in return for honest feedback or perhaps a referral.
He strives for excellence in all he does and brings out the best in his people through guidance, a strong vision and support. He is exceptionally open-minded, flexible, dependable, understanding and straightforward in all words and actions and encourages personal as well as professional growth.
great ideas list..a care giving agency is the best option in my opinion. Starting one and managing it is also easy. For management there are several softwares like http://www.saviicare.com that can help you handle the agency easily.
Interested entrepreneurs can either open a franchise from an existing vending machine business or sell vending-machine friendly products to help stock up schools and offices with healthier, affordable snacks.
Box subscription services are popping up everywhere in the food, beauty and even pet product sectors, ready to deliver goods right to your door each month. One of the consumer perks is the idea that these subscription boxes are carefully curated just for them based on their likes and interests, and each month, the boxes’ contents are a surprise.
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.
The next step in your journey involves choosing a business structure and registering it with the state of Colorado. Registering your business as an official entity is the only way to protect your personal assets and achieve total legal compliance.
#47 – CrowdSource hires individuals to complete various tasks ranging from marketing, profile verification, writing and text editing. Freelancers receive payment after completing various tasks. Payment ranges from $15 for simple tasks to $30 per hour for more complex tasks.
This is one of those businesses that not everyone wants to do, so the profits tend to be above average. Furthermore, you don’t have to collect just by telephone. You can send emails, mail letters and more. Make sure you know all the legal restrictions before you start!
A real estate appraisal business can be operated from home, on a part-time basis, making for a fun side business idea if you have the credentials to back it up. A perfect option if you want to keep your day job while earning a little extra on the side. You won’t need a college degree to start in on this business idea, but you’ll need bankable appraiser credentials (including relevant training and professional licenses), strong knowledge of the sector, and a growing network of industry players including mortgage brokers, real estate agents, banks, and fellow appraisers that’ll want to utilize your services.
The members have been asked to share how they originally got involved in their current business. The goal is to provide ideas to other members around the world who want to own their own businesses or who are involved in businesses that aren’t taking them where they want to go and are looking to make a change.
Craft beer is popular today, as are local, independently-owned businesses. If you’re passionate about beer, consider starting a microbrewery that offers unique flavors and quality products. You can experiment with different brewing techniques and conduct taste tests. You’ll also save startup money by opting for a smaller business rather than a large brewery or chain. Choose a lively location and plan your venture.
Le-Vel – Join Le-Vel for FREE today! You have the potential to earn $660 on your first $800 in qualified sales, with no monthly sales quotas and no start-up costs! As a Le-Vel Independent Brand Promoter, you get a free website and back office. Earned commissions are paid weekly, with no need to carry inventory. My husband and I are full time with Le-Vel. We have three children in 3 different schools, with three different schedules, so having a mobile-based business is key to our success! I love that we can work from anywhere, and not miss a thing with our family! Le-Vel uses premium grade ingredients. In this instant gratification society we live in, the high impact results are exactly what people are looking for! I’d love to connect with you. Call/text me at 715-495-8432. Click here to get your Free Le-Vel account set up! Independent Brand Promoter LV-931685-DL.
Have you had friends comment on how competitive you are? If so, you might be the perfect fit for our Outbound Sales positions. You will be calling warm leads, no cold calls and you can be bringing in between $15 and more than $25 per hour! Here’s the way it works: you’ll be able to work from the comfort of your own home with customers who have expressed an interest in products advertised by infomercial. These customers have called about purchasing a product but ultimately were unable to make a buying decision. We provide a service to them by re-connecting with them over the phone and providing them with a better offer on the product. You’ll then also have the opportunity to earn more money by selling additional items after completing the transaction for which the caller had originally called. Join us by filling out a form on our website today! Click on the link provided now!
Smartphones have become indispensable for both business and personal use. But have you ever tried to get one fixed? Repairing a broken phone can cost as much as it does to buy one. Smartphone-repair services are starting to crop up around the country. If you have a knack for fixing broken screens and solving smartphone tech problems, then opening up a more affordable smartphone repair shop or service might be the way to go.
You should check with a professional to be sure, but I’ve read that you can file for an LLC in any state (regardless of where you live). Therefore, it would be excessive to file in more than one state.
If you play your cards right, certain types of businesses will pay you to promote their products and encourage sales. If you’re interested in learning more, check out affiliate marketing programs such as Amazon Associates, Commission Junction, LinkShare, and ShareASale.
Take Action: The first step is finding the right platform, which we highly recommend checking out Wix or Weebly. Both walk you through the process of building a professional website and are very easy to use. No need for you to have any previous website building experience.
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.
I hate being locked out! And I hate how much money I have to pay a locksmith! Let alone how much I have to pay to have locks changed or a better lock system installed! Wouldn’t it be nice to be receiving this money instead of paying it out? Not only is there a constant need for this service, but with more elaborate door systems there is more room for upselling your customers—wouldn’t it be cool to have a keyless lock system?
Freelance writing is one of the most flexible of the non-phone options, and it’s an easy field to break into without any experience at all! This is also an industry that can pay well, especially if you forgo content sites (such as the ones below) and work on finding private clients that will agree to the rates you set. The content sites don’t pay that well, but they can still help you get valuable writing experience and earn a weekly paycheck.
File your “Articles of Incorporation.” To form your LLC, you must prepare and file “articles of organization” with the secretary of state in the state where you plan to do business. While most states use the term “articles of organization” to refer to the basic document required to create an LLC, some states call it a “certificate of formation” or “certificate of organization.” [15]
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.
People who own fish, lizards, snakes or any other animals that live in tanks or aquariums are likely to need some maintenance services at some point. If that’s the type of work you enjoy, you can provide those services in people’s homes or place of business.
#4 – American Express (Read review) only hires work at home customer service agents from selected U.S. States. You must be ready to work a minimum of 40 hours every work. The beginners pay is $16 per hour but as you progress you stand to earn $28 per hour.

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