A mobile pet grooming business offers a convenient service to customers. Instead of having to drag their pets to get groomed, you can bring the salon right to their doorsteps — and you can charge more for this convenience.
I would recommend that you hyper specialize if you are starting an e-commerce business. Why? Because many e-commerce websites have very deep pockets and patient investors and are willing to sell products for razor thin margins (i.e. Amazon) or even at a loss to build market share. That being said if you can show some solid revenue in this business, and especially if you have repeat customers, you will have a business that is worth a lot of money even before it is profitable.
When you don’t have money to start your business, it’s essential you find the right people who can help. You may attend events and trade shows where you can find potential investors. You may also join various online forums on social networking sites where you can find useful tips and resources to bring your business to life.
Investment: It’s a lower-cost alternative to starting a brick-and-mortar restaurant, as there’s less overhead, but you can still expect to shell out a decent amount of money to purchase a truck and cooking equipment.
There are at least three teenage entrepreneurs who’ve already earned astonishing amounts of money by launching hand-made jewelry business ideas: M3 Girl Designs’ Maddie Bradshaw, Bella Weems of Origami Owl, and the girl behind DesignedByLei. With the industry set to shine in the near term via a brisk annual growth rate of 5-6%, the market is ripe for new entrants to this business idea who can offer sparkling new takes on how to craft appealing handmade goods.
If you no longer wish to conduct business with your LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve your LLC, there are two broad steps:
I’ve been a distributor for ABC Fundraising® for over 10 years. My favorite fundraiser to sell is the Scratch & Help® Fundraiser. It’s the best and most profitable fundraiser out there hands down! When my own kids need a fundraiser they use it and its always a huge success!
Public notaries primarily serve as validators of, and impartial witnesses in public legal documents, especially those related to affidavits, oaths, deeds, estates, special-powers-of-attorney, and business agreements. Depending on the state, a full-time notary public earns an average annual salary of $36,000, which makes it a great business idea to do as a side hustle as you bring in money through other ways. If you want to get started with this business idea, here are the requirements and steps you need to consider in the US.
Rather than replacing sofas and chairs, many people prefer to save money and just replace the fabric, often changing colors in the process. This is a great service business—you can’t be underpriced by Amazon. Furthermore, not only will your customers come to you for more business at some point, but you bet that next time they are entertaining in their living room that your new fabric covering work will come up in the conversation! Eventually you may want to consider offering complete re-upholstering services.
If you’re feeling a bit overwhelmed, you might consider leveraging business planning software. There’s a ton of user-friendly programs out there that can make the planning process far simpler. If you’d like to take a look at some of the best options, head over to our top 7 business planning software tools!
Yes, spending time on YouTube can be a legitimate business idea if you take it seriously. If you can create value-driven, entertaining video content and grow your subscriber base to a few thousand subscribers, your videos can start generating pretty substantial income from all the ads being displayed on your videos. Many YouTube users make well into the millions each year, so there’s clear potential to take this from side business idea to eventual millionaire with the right combination of content, audience, skills, relationships and timing. If you’re considering starting a YouTube channel it’s important use best practices when making videos. Read the YouTube playbook for tips which will result in faster growth of your channel. Additionally think about investing in a quality camera and microphone since the production quality of videos can often affect your viewership.
#16 – SpectraMedi is an online company that offers multiple part-time and full-time positions for Medical Billers and Transcriptionists. Since the position requires certification, the salary is much more than $16 per hour.
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.
I’ve owned a lot of boats (and even built a couple) and I’ll tell you most boat owners want their boats totally ship-shape! And yet boats tend to get dirty easily! Which leads to a great demand for boat maintenance and cleaning. To make a go of this, you want to have a good concentration of boats in one town, at one harbor or ideally on one dock. So, do a great job (this is a finicky crowd), don’t sell on price, be dependable and you will build word of mouth. I would also do as much work as possible wearing my company T-shirt, when boat owners are around cleaning their own boats…such as on Saturday mornings.
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.)
Then you can move into more actionable online courses like Modern Web Design on CreativeLive and Learn Web Design and Profitable Freelancing on Udemy will teach you everything from foundational web design knowledge to earning your first freelance income as a web designer. On top of that, you can take even more immersive courses and learning experiences with access to direct instructor feedback and personal mentorship with platforms like Treehouse, Lynda and General Assembly to get up-to-speed even quicker with this career path and listen to my podcast interview with Ian Paget about how to become a freelance designer as a side business idea.
Some people have no time. They may have a job that requires lots of travel or an executive position that has them working around the clock. But you can make their life easier offering personal concierge services!
Local: Many cities and counties also require registration or licensing for individuals and firms conducting business within their jurisdiction. To learn about your requirements in this area, consult your local county clerks and city clerks. You can also search by keyword and zip code here.
Obtain more information about federal and state licensing requirements by clicking the links under Federal Licenses and Permits and State Licenses and Permits, respectively, on the Business Licenses and Permits page [source: SBA].
Skilled at creating blankets and sweaters? There’s a huge market for these types of items – even better, you can usually make them in your spare time whenever you have it. As always, local shops and sites like Etsy are great venues to sell such items.
User-friendly, fast, secure, tons of automation, easier forecasting, more efficient marketing budgets…the benefits are near endless, which is why this startup resource is indispensable. Check out our guide to Business Accounting Software and sync whichever you choose with your fresh new business bank account.
Think of some of the biggest success stories in recent times, such as John Lennon and Paul McCartney; Bill Gates and Paul Allen; Steve Jobs and Steve Wozniak; and Larry Page and Sergey Brin. In every case, the partnership brought out the best in both sides of the equation.
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I like the vintage clothing business because you are not competing head to head with all the retailers and online sites selling new goods. Furthermore, you can have high margins. I would look to at least double my money on any vintage clothing that I buy, and I would try to pay for items with store credit not cash, as much as possible.
Define your management and financial structure: the operating agreement should define how your LLC is going to be run and how the finances will work – including who will share in the profits and what will happen in the event of a disagreement. If you do not have an operating agreement, you and your partners will have a much more difficult time resolving financial or management disagreements. 
One of the easiest ways to screw up your business accounting and possibly run afoul of the IRS is to commingle personal and business funds (and transactions). Using a business account for all business transactions eliminates that possibility.