what do you need to start a business | start own company

Referrals and showcasing your work in an online gallery are two keys to gaining new clients. If you don’t have a lot of experience in photography but still want to pursue this business idea, try working as an assistant to a professional photographer to build up your resume.
Many people would love to have a beautiful slideshow to commemorate the passing of a loved one, an anniversary, or a special birthday. With a computer and some select software, you could quickly turn anyone’s pictures into a beautiful, custom slideshow, and profit handsomely for your time and effort.
The best business to start is one where customers want your product or service at a price that enables you to make a profit. Ideally, new customers are easy to attract and there are few competitors. Finally, it should be a business in which you have experience (or can be trained) and enjoy the work.
Proofread Anywhere offers a free introductory workshop. One mom tried this out because she desperately needed a flexible schedule, and now she makes up to $1,200 a month picking and choosing when she works — from home.
I’m not going up in one of these balloons–but I know plenty of people who have, and have had a fabulous experience! This is a good vacation area business, but it could also be a good gift for special occasions. Nail down all of the licensing and safety requirements, and this could be fun business that quickly builds by word-of-mouth.
Start planning ahead. Where do you hope to see your business in 6 months? What about 3 years down the road? Life is full of surprises and there’s plenty that you can’t plan for, but setting realistic goals is still an important practice.
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 …
My wife is quite handy with a sewing machine and often hems and modifies our children’s clothes. She could easily take this a step further and offer her services to others, doing basic garment repair and modification for a small price on lazy evenings.
Find a unique product category that’s still untapped by the box subscription industry, or find a way to put a new spin on an existing service, and you could have a lucrative business on your hands. Keep it as inexpensive as possible — according to LearnVest, offering cheaper products will help you stand out from the competition.
June 6, 2017 | Mark Thomas | Not having a local grocery is an all too often experience in rural communities. Understanding the reasons is key to developing strategies to overcome this crippling blow to the economic vitality and longevity in small town America.
There is a huge market and a big opportunity selling promotional material. Your best market will be mid to larger sized businesses, who are willing to spend some money to both promote their business to their customers or to use promotional items as incentives and rewards for their employees. Basically, you are reselling the product lines for other companies. I would suggest you have a good diversity of lines to increase your chances of getting your foot in the door, to increase your chances of holding your prospects’ attention and to increase your income. T-shirts, pens, hats, jackets: there are all kinds of promotional items you can sell.
There are so many possibilities like this. In fact, there is so much opportunity for making good money with little start up cost, that I think people need to get their mindset straight first and foremost. The opportunity is there, but if you’re feeling like a beggar, asking, “What can I make money at,” instead of a success asking, “What do I most want to do that brings me money?” you’ll miss your golden ticket. Come from a place of fullness, confidence, and enthusiasm with an intent to make money in a way that’s stimulating and fun to you, and then just add the business knowledge you need to make a success of it into the mix. If you apply yourself consistently, you’ll have the same successes you see others having.
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.
Once you’ve gotten a better idea of what business planning entails, we highly recommend checking out some software solutions. Taking advantage of business planning software is the most efficient way to create a beautiful, thorough business plan.
Though not the cheapest of business ideas on this list, it’s one that can be extremely lucrative as well as appeal to the widest range of patrons in a small town. A successful bowling alley can become the center of a town’s social life. Besides the obvious bowling revenue stream, food and drink (especially alcoholic beverages), can also help you pull in the big bucks. Small town bowling alleys can also be rented out for additional income. Like all businesses, large and small, having a quality business plan for your bowling alley is incredibly important.
Running a business can be overwhelming, and you’re probably not going to be able to do it all on your own. That’s where third-party vendors come in. Companies in every industry from HR to business phone systems exist to partner with you and help you run your business better.
5. Capture the big benefit of your concept using a few highly impactful words. This is what I refer to as your ‘one sentence benefit statement.’ It needs to pack a punch! Your goal is to pique the receiver’s curiosity quickly. Yours should make the receiver think: “I want to know more about that.”
Tell Wut is a survey site where you can win prizes and earn rewards for sharing your opinion. Most surveys award 5 to 15 points per survey, but you can also earn points by referring friends (25 points), creating an account (100 points) and providing your information (100 points). Points can be redeemed for Best Buy, Walmart, Barnes & Noble, Visa, and various other gift cards. Tell Wut has an A- rating with the Better Business Bureau.
Take Action: We know picking a spot can be tough if it doesn’t somehow happen naturally through your personal/professional networks. If you’d like to brush up on everything that goes into making this decision, refer to our friendly guide on How to Choose the Perfect Location.
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.
We’ve all heard countless pieces of advice on how to make a good impression during a job interview. It is certainly important to show up on time, freshly groomed, appropriately dressed, and ready to impress. Equally important is smiling, not interrupting, providing thoughtful answers, and maintaining good eye contact. In addition, we must not forget critical elements for success like researching the company, giving a firm handshake, keeping mobile devices stored away and of course, following up with a time-honored staple, the thank you note.
Even though I don’t drink alcahol I do think that the coffieshop/bar idea is a great one. Too many business owners are too stuck in ther old way to think out of the box. And when you think of it, bistros change their menus three times a day and it has worked for them for years.
If you can make anything from clothing to candles, you can work on creating those items in your home or workshop and then travel to different craft fairs in your community or around the world to sell them.
There is one trend that has been sweeping the country for the better part of two decades: health food. Though what is considered healthy food has shifted and changed frequently over this period of time, the general concept of eating healthier to live longer and look your best is not going anywhere. One facet of this trend that has scientifically proven benefits is eating organic food. People eat organic for a variety of reason, but living in rural areas and small towns can often make it difficult to find fresh organic produce and food. Global sales of health food are expected to reach $1 trillion by 2017. Whether or not you consider yourself a health nut, that’s a hard number to ignore. Research also shows that consumers are willing to spend more for healthy food. So if access to allergen-free and organic food is limited in your area, consider going the organic route. Small town business idea, large town business idea, a health food store is a good idea wherever you reside.
A lot of car owners simply don’t have time to personally care for their vehicles, much less make them sparkle. With simple equipment such as car shampoo, polishing wax, tire black, sponges, a pail and a sturdy hose, you can start earning a decent side income by making cars look fresh in your free time after work and on weekends. Not bad for an easy business idea that’ll keep you outdoors and moving your body on the weekends.
Local: If you live in Tri-County Metropolitan Transportation District (TriMet) or the Lane County Transit District (LTD), you will need to file and pay for transportation taxes. Learn more about mass transit payroll/excise tax from the Department of Revenue.
The holidays do bring cheer, but when winter comes, so does the snow. Thick, traffic-hindering piles of it. Snow can be fun for a while but somebody has to get rid of it for our lifestyles to continue onward. Make extra money with this side business idea from home by offering snow and ice removal services.
Who are your competitors? Do a competitive analysis to identify key competitors. Find out who is doing something similar to what you are planning, and how have they been successful. Just as important is to find the failures, and what made their venture fall apart.
red rock traditions  believes that family traditions can help families be stronger, feel anchored and valued. Shop by product or by tradition, categories such as Connections, Holidays & Celebrations, and Faith. Home parties are the best venue to showcase the products, which can earn you up to 30 percent on customer purchases. A starter kit costs just $135 (plus shipping and tax) and comes with everything you need to get your business off the ground quickly including business supplies, demonstration pieces, and full access to training tutorials. Contact us today: jason.prichard@redrocktraditions.com
Working Solutions hires work from home travel agents to take inbound calls to schedule air, hotel, and car reservations using Sabre Red. Experience preferred, but for the right individual, they’ll provide reservation training at no cost.
Federal: The federal licenses and permits page on the Small Business Association’s website outlines all the business activities that call for special permission from the federal government, and directs you to the proper agencies. They also have a decent article on business taxes, but the best place to learn about this is on the IRS website.
Your launch and first sales are only the beginning of your task as an entrepreneur. In order to make a profit and stay afloat, you always need to be growing your business. It’s going to take time and effort, but you’ll get out of your business what you put into it.
The online business ideas above covered can be combined in a variety of ways to start a business that’s uniquely yours. If the idea of sourcing, storing and shipping inventory kept you from starting a business before, begin with an inventory-free, low-investment business model and grow from there.
If you’re adept at woodworking and have some basic equipment, it’s easy to get into business making deck furniture. It only requires a few items – a saw, a drill, a sander – and some creativity and passion for working with wood. If you have the tools or just want to turn your hobby into a business, this may be a great small business idea for you. In addition to creating new items, you could also focus on repairing existing wooden furniture or woodwork.
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.)
You will need the following information to apply for an EIN: the name of your LLC, the name and social security number of the owner or managing member of the LLC, the business address, the country of incorporation (United States or a foreign country), the number of members in the LLC, and information about what types of services your business supplies.
peach® is a force for good. We are a clothing and accessory brand with a goal to elevate your everyday! Peach does this in three ways: 1) We offer versatile athleisure for the gym, work, and play in premium active fabrics. 2) Essential basic layering pieces and intimate apparel. 3) Exciting accessories from under-discovered female entrepreneurs. We also offer women like you the opportunity for entrepreneurship — to build your own business through a creative, exciting, and flexible career that fits into and elevates your everyday! As a company, we are deeply committed to our mission which is to be a force for good for women. To help her thrive, to inspire her to feel strong and beautiful, and to ELEVATE HER EVERYDAY! For more info, please contact daryl@bepeachstrong.com.
It is absurd how much money you can make in liquidation! One of my friends made hundreds of millions of dollars as a partner in a firm primarily specializing in liquidating retailers. Typically, a liquidator comes into a business and buys everything that is unsecured. Then if the company is a retailer, they hire the company’s staff themselves to run a going out of business sale. You could specialize in liquidating certain types of businesses or personal estates.
Many states allow people to start an in-home daycare with minimal licensing and paperwork. If you love children and have plenty of time and space at home, this is a perfect business to get into. All you need is a safe room or two for children to play in, some toys and activities, and a whole lot of patience.
#41 – Rosetta Stone is a language and translation company that hires language coaches. To secure employment, you must be fluent in numerous languages apart from American English. The pay ranges up to $17 per hour.
User interface and user experience matters big time on your website! That’s why they have often become a separate business from website development/coding. You can earn an advanced degree in this field, you can read books about it or you can learn it on your own.
MetroParent is looking for talented, experienced freelance writers to write on parenting issues, kids, tweens, family travel and the like. Payment ranges from $30 – $350 depending on the complexity of topic and number of sources required to do the story justice.
VarageSale is an online marketplace for families who want to sell their unwanted items to people in their neighborhoods. Once approved for a community, members can sell and buy everything from children’s clothing to cars at a fraction of the retail price. An added bonus: members meet and develop closer ties with their neighbors.
#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.
Shop around local banks to see what’s out there. Local banks and credit unions usually have fantastic customer support, so we’d recommend looking into some award-winning Colorado-based banks like Alpine and Bank of Colorado.
Many people simply don’t enjoy cleaning their homes and are willing to pay a reasonable price to have someone do the work for them. This is a great way to earn extra money in a flexible way, particularly if you have time off during the workweek. And since you will be working for yourself, you can often choose your own hours, terms, and pay.
Like recycling, this side business idea requires the willingness to get your hands a little dirty. If you enjoy working outdoors, then you can make a pretty good side income cleaning up litter outside retail, office and industrial properties—especially for businesses that have large parking lots that need regular cleaning. Property management companies need their properties maintained litter free and you can do so with an on-foot service using inexpensive equipment like this cheap pick-up tool and a broom. Charge for your time at $35 – $50 per hour and bill your clients the same contract price each month. For even more on how to get started with a litter removal side business idea, check out Cleanlots.

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.
If interviewing people, do some reading on how to spot real talent beyond the certifications, degrees or lack thereof. The area an individual is educated in is not necessarily the area they are most talented in. An interviewee may have a background in accounting for example, but their experience and your assessment of them indicates they may be a better fit helping with marketing.
#50 – Snuggle Buddies – You can become a professional cuddle and make anywhere from $40-$80 per hour. All you have to do is cuddle someone or hold someone’s hands. Yes, that’s right, a professional cuddler.
Survey Savvy is an online survey site where you’ll get earn money for sharing your opinions with companies. Most surveys pay out between $1.00 to $20.00 depending on the length and topic of the survey. Once your account has reached $1.00 in rewards, you can request payment via check. Survey Savvy has an A+ rating with the Better Business Bureau.
Many online sellers try to bake their shipping costs into their retail price so that they can offer free shipping, or at least a reasonable flat rate. Others focus on encouraging shoppers to add more items to their cart with conditional free shipping (e.g. free shipping on orders over $50) to maximize their profit.
If you have that drive and experience, however, being a restaurateur can be a successful endeavor and a great business for a small town. Just be aware that as glamorous as it might seem from the outside, one-quarter of all restaurants will fail within the first year. We don’t say this to discourage you; it’s just good to know what you’re up against. Doing your market research prior to opening, and investing in technology such as a restaurant POS system, can help you ensure your business stays open and on top.
 Xerox – Read Review – It’s not uncommon to find data entry work from home jobs posted on Xerox. Type in “work from home data entry” on their careers page to see these listings. As with so many other data entry jobs, it may be location-based work.

Join the Conversation

3 Comments

  1. Gardening is big and growing. And it is a business that is less likely to move totally online than many other businesses. You could start out with a supply center, expanding over time to add some plants to sell, and then, eventually vertically integrate with your own plant nursery. You could also expand into providing onsite services.
    Have more than the minimum. You may determine it will take $50,000 to start your business, and that’s fine. You get your $50,000, buy your desks and printers and raw materials, and then then the second month arrives, and you’re still in production, and the rent is due, and your employees want to be paid, and all the bills hit at once. When this happens, your only likely recourse will be to pack it in. If you can, try to have the reserves for a year of no income.
    The Square is a card swiping device which connects with a smartphone or tablet and turns that device into a sort of cash register. You may have encountered this device in the businesses you frequent, as they are becoming common at coffee shops, restaurants, street food stands and other businesses (look for a postage-stamp sized plastic square plugged into a tablet or phone).

  2. Arranging for shipping, especially overseas, is complex and the rates can vary widely, even for nearby truck shipments. A shipping or freight forwarding service can find the best shipper for you, arrange the paperwork and a lot more. This can be a great business, with long term customers and steady work, but it can take a while to build up a large clientele.
    Sure, there are national chains, but if you really focus on it, you can come up with a few sandwiches that are totally delicious! For this business, I would want a location that services office or industrial workers. That way you can get their business every single work day of the year! And forget a fancy buildout, I would focus instead on fancy sandwiches!
    Is the URL available? Check to see if the name of your LLC is available so that you can reserve your domain name. Even if you don’t plan to make a website today, you may want to buy the domain name in order to prevent others from acquiring it.
    Teaching and tutoring English as a second language is a great way to make a solid side business idea work, not to mention opening doors for you to travel the world if you’d like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to teach them English via Skype. Indeed, Learn4Good and Remote.co often have remote english tutoring jobs posted, check back frequently. Then once you land that remote job, you’ll need somewhere more professional than your dining room table to meet with students—check out this post about how to find places to work remotely and you’ll officially graduate this side business idea into a full-time endeavor for yourself.
    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.
    My father spent year after year remodeling our basement—and I’m glad he did because that’s where I located my model railroad! However, a lot of homeowners aren’t willing to invest the huge amount of time it takes a novice to remodel their basement—that’s where you come in! Remodel your own basement, put together a website with the before and after photos, and hang out your shingle!

  3. Pinch those pennies. Plan to keep purchases of office equipment and overheads to a minimum when starting up. You do not need amazing office premises, the latest in office chairs and pricey artwork on the walls. A broom cupboard in the best address can be sufficient if you can artfully steer clients to the local coffee shop for meetings every time (meet them in the foyer). Many a business start-up has failed by purchasing the expensive gizmos instead of focusing on the business itself.
    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.
    Wedding photographers command premium rates. After all, you are capturing one of a couple’s most important life moments, making it a very lucrative side business idea. Many professional wedding photographers charge between $2,500 – $10,000 (or more) to shoot a wedding, so it’s realistic that this side business idea could quickly blossom into becoming a full-time endeavor with the right happy clientele base that’s willing to refer you to their friends and family. Check out the Complete Wedding Photography Experience over on CreativeLive to get up to speed on everything you need to launch a successful wedding photography business.
    You would think that you get your electrical contractor license and the money would rain on you forever more! I have been shocked with the prices some electricians have tried to charge me. Then again, I called back a more reasonably priced electrician who had done some work for me a couple years ago and he told me he went out of business for lack of work. This goes to remind you that in any business there is always some risk.
    Not everyone wants to find a babysitter by responding to a hand-scribbled note on the bulletin board at the local coffee shop. That’s where you come in. Set up a babysitting service that includes vetting your sitters and giving your customers confidence that they are dealing with safe and dependable service providers!
    If you’re thinking about starting a business, you likely already have an idea of what you want to sell, or at least the market you want to enter. Do a quick search for existing companies in your chosen industry. Learn what current brand leaders are doing, and figure out how you can do it better. If you think your business can deliver something other companies don’t (or deliver the same thing, but faster and cheaper), you’ve got a solid idea and are ready to create a business plan.

Leave a comment

Your email address will not be published. Required fields are marked *