What is a Statutory Agent? A statutory agent, also known as a registered agent, is a person or business that agrees to send and receive legal papers on behalf of your LLC. Such papers include service of process of legal action (if you are sued) and state filings.
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.
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.
Determine who your competition is by looking at companies that offer the same product, service or benefit you do. Visit their stores and websites and buy their products, if possible. Talk to potential customers about what they want from a company or product like yours, and what they think of your competitors. Look at the pricing in your marketplace to help guide you as you make your financial projections. Examine where your competitors are selling and advertising. Create a demographic profile of your best target customer using age, race, ethnicity, gender, marital or parental status and other characteristics.
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.
Car washing or detailing services don’t always need to involve lots of complicated equipment or business acumen. You can set up a simple location where you provide services to customers or you can even travel to clients with your detailing supplies.
Potential challenges: You will likely run into serious competition from repair shops and phone provider service programs, such as AppleCare. You can lower these risks by offering your services at a lower cost.
Skilled at basic home repair? Let people know that they can call you for small repair jobs like basic plumbing, fixing a broken stair, and other things. You’d be amazed at the simple things people are willing to pay others to help them with.
Think about the areas that you are either weak in, or have little knowledge of. Finding partners compatible with your personality who can fill in your knowledge or skill gaps is an excellent way to ensure your business has the resources you need to succeed.
You can curate products from different suppliers into your own online store under a theme that focuses on a specific niche, like mats for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your supplier who fulfills it on your behalf. However, you are still responsible for your own customer service.
Making amazing homemade soaps and other spa products isn’t as hard as you might think – it just takes time and patience. Again, people value handmade items like these, which can easily be sold through local gift shops and websites like Etsy.
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.
This is a boom or bust business. One relative went into this business out of college and just couldn’t get any momentum going. Whereas a friend of mine who had sold his retail store business has quickly become hugely successful at commercial real estate. My friend is highly charismatic, he could carry on a conversation with a tree, and he is always meeting new people. He also worked for an established broker for a year or so before going on his own, which is a typical path in this business. While it can be difficult to build momentum initially, the potential upside is much higher than selling residential real estate.
Tigerfish offers transcription, proofreading, editing and audio engineering services to clients. Tigerfish hires freelance contractors for these positions. Must complete and pass a quality assurance test before being hired.
You will, of course, need to spend extra hours and work harder. But the transition from being an employee to a business owner will be far smoother as you won’t have additional expenses to worry about.
I receive at least 2 emails a day asking me for my expert opinion on a given company or website. Is so and so a legitimate company? Should I pay $49.95 to work with DataEntryBlahBlah.com? Honestly I’m not that much of an expert. I just know how to do a little research. If you’re currently thinking about joining a work at home company and a fee is one of the requirements, put your wallet or purse down. Before you make a decision that you might regret, watch the video we created. By the end of watching this video, you’ll never question whether or a not a company is a scam. You’ll know with certainty if it is!
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.
Stay focused on central goals. This may sound contradictory to what we just discussed, but it’s not. The point here is to avoid chasing after every marketing idea that comes into fashion. It’s better to invest a significant amount of time and money into one or two stellar marketing ideas than to spread yourself too thin.
Years ago, my grandmother freelanced articles for national magazines typically about life on “Olde Cape Cod.” Today there are still some freelance writing opportunities at traditional publications, but the big opportunity is online in content marketing. Business and consumer-oriented websites alike are rushing to post more and more content related to their business space, to try to attract traffic from search engines and to position themselves in the minds of potential customers. Some businesses will require that you have expertise in their industry to write for them, but others will consider buying articles from you, as long as they are well researched and well written.
Of course, you can try your hand at building homes and other large endeavors or you can specialize in smaller projects. Maybe driveways? Patios? Outside waterfalls? Closet renovations? There is no limit to what you can do, but to be highly successful or to build a scalable business I suggest you carefully find a highly profitable niche.
Please Note: These business opportunities require a small investment up front, but give you all the tools and support that you’ll need to start your very own home-based business in the direct sales industry.
Being a wedding specialist works well for top-notch players, but being a generalist also has its benefits. Event and party planners leverage their network of service providers to cover not only weddings, but also seminars, corporate events, birthdays, baptisms, concerts, conferences, holiday parties, and other events, making it a relatively diverse business idea. Here are some tips if you want to run a part-time event planning business at home as a side business idea. And here’s a very honest look into the upside and downside of the trade.
Amazing List of business.. Actually you can start any type of business, just you need to know the proper understanding of the business domain and current trends in market then you can definitely grab the business.
Talk to the vendors and suppliers who will sell you materials and equipment, and the retailers or other distribution providers who will help sell your product. Explain your business concept to them and get advice regarding what they’ve seen in the marketplace you need to address.
This is similar to the banquet facility business but built around a facility that is ideal for weddings. People will pay a lot of money for a wedding venue that excites them! You could provide the catering and related services yourself, allow customers to bring their own caterers or require your customers work with a particular caterer that you chose.
S Corp: S Corps require a much more formal structure than LLCs. They’re made up of a board of directors, corporate officers, and up to 100 U.S. shareholders. However, like LLCs, S Corps aren’t subject to double taxation — all of the profits are claimed on the shareholders’ personal taxes.
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Do you play a musical instrument well enough to teach it to others? How about taking your skills at producing music or sound design and teaching others as a service-based business idea based on your experience? Private music instructors in all disciplines charge upwards of $20-100/hr (or more depending upon skill and experience), and you don’t necessarily have to do them in person, either. This makes for a great side business idea that can channel your passion for music into profits.
Many of these resources and programs are funded under the provisions of the Library Services and Technology Act from the Institute of Museum and Library Services. Florida’s LSTA program is administered by the Department of State’s Division of Library and Information Services.
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While you can find terrific resources online about family history, it takes someone to patiently piece it all together—that’s where you come in as the family history writer. Do your research carefully, put it together in a snappy-looking package, be patient in answering customers’ questions, and you could grow this business nicely.
Humanatic – Read Review – Similar to Callsource, this is another company that has you analyzing recorded phone conversations. Pays very little — so little in fact that most people just do this as a side egg. You can get paid once a week via Paypal.
This seems like a fun and easy business and it can be very rewarding. However, it is very competitive and can be hard to break into. Interior design is also increasingly sophisticated, with software design simulation and specialized educational backgrounds becoming more common.
While no formal experience or training is necessary, you’ll need to be a talented, creative writer with strong interviewing skills. An editing or journalism background and strong communication skills are helpful, as is a sound marketing strategy to reach potential customers.
Hello from Germany:) My boyfriend and I are considering moving to a small town and we both would like to start a small business (together). Researching some possible business ideas for multi-passionates I found this pearl of a website. Love, how all the informations are on point, refreshing to read and heart-filled. Thank you! Will definitely come back for more tips and advice:)
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.
Have some extra space in your home? Turn that extra bedroom into a “bed and breakfast” room. If you live near any sort of tourist destination, you can try your hand at renting out a room through Airbnb or CouchSurfing.com. You may also find paid hosting opportunities in your community: Sign up to host exchange students, visiting professors to a nearby college, or hospital patients receiving long-term treatment.
It’s not the sort of side business idea that’s covered in glory, but someone needs to make sure all the numbers add up at the end of the year. Every business and most individuals need someone with the domain expertise to help prepare tax returns, especially time or resource-strapped small business owners. Majo Jacinto in his Udemy course provides an in-depth foundational understanding of how to prepare tax returns (and stay current with ever-changing laws) that’ll certify you with tax prep skills in as little as a few hours of training and practice. Then once tax season rolls around you’ll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, according to CNBC.