how to start a retail business | steps to owning your own business

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.
Go on a shopping spree and get paid for it! Now that could be fun! But this work will also take some patience, such as getting to know your customers’ preferences and returning merchandise that your customer didn’t like as much as you did. However, if your clients like your work, they could retain you forever…and talk up your services with their friends!
A new FlexJobs survey Top 100 Companies to Watch for Telecommuting and Remote Jobs in 2016. says writer, engineer, marketing manager, adjunct faculty and software developer are among the most common work from home opportunities. Since 2005 there has been a 103% growth in the number of telecommuters in the USA. People who telecommuted in both 2014 and 2015 said that they telecommuted 22 percent more in 2015.
One of my friend’s mothers who had performed as a Radio City Rockette, founded a highly successful dance studio for young girls. She was successful enough to rent large commercial space, but this is a business you may want to start in your home.
Intrep Sales Partners hires U.S. home-based sales consultants for appointment setting, lead generation, list acquisition, script development, admin support and database management. Has an A+ rating with the Better Business Bureau.
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.
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.
NerdWallet’s interactive small-business loans tool allows you to find financing that meets your individual goals. Enter the age of your business, your credit score, the amount of money you need and how you’ll use it. The list of lenders is based on factors including trustworthiness and user experience.
CrowdFlower is a virtual workspace where you can earn money by completing simple tasks on your computer. Tasks include Internet research, data collection, data categorization, content creation, content moderation, surveys, etc. While I was unable to find any information on pay rates and how and payments are made, CrowdFlower does have an A rating on the Better Business Bureau website and has been featured on sites like Forbes, the LA Times, and Telecrunch.
With that in mind, I  put together this massive list of the 101 Best Side Business Ideas You Can Start While You’re Still Working a Full-Time Job, to help give you inspiration with proven side business ideas that can be executed on while you still keep your day job—and primary source of income.
Aside from your passport and other legal requirements, a letter is also needed from your sponsor to highlight his or her, or your personal information, the reason for the visa application, and the likes before processing.
The Richland Group is a dynamic, growing, and fast-paced organization whose employees work from home. Our employees thrive in situations that require flexibility, adaptability, and speed. Successful employees are constantly seeking to learn and improve, ab…
You should also consider home owners’ associations in your neighborhood and consider the potential impact of your business on neighbors, especially if the business will increase traffic or noise in the neighborhood.
I think providing eBay selling and shipping services is a great, high-demand service business. This is a very different business than what I would call eBay trading where you buy and sell products on eBay. A trading business can have high potential but it also has higher risks and may take longer to make money at.
Each of these ideas is very simple to start, and most can be done as a sole proprietorship at first (meaning you don’t have to file any legal documents to get started, though you will want to do that if it starts to take off). Most of these can be done at home in your spare time, and in your spare space, too.
I’ve been getting so much feedback with great business ideas from my community and in the comments, so I frequently add to this post. If you have side hustle ideas you’d like to share (or personal experience with a side hustle of your own), please add to them in the comments below!
6. Create a sell sheet and, if need be, a short video. A sell sheet is essentially a one-page advertisement. They are frequently used to showcase new products. A good sell sheet will actually do the selling for you. It’s difficult to convey the benefit of some products statically though, which is why filming a short video may assist you (or, sometimes, be essential). 
From the advent of rapid prototyping and crowdfunding to the widespread affordability of digital tools and technologies, the opportunities available to creative people today are fundamentally different — and enormously exciting.
You could sell or repair drones, or you could provide one of an unlimited number of drone services. You could provide drone photography or video-taping such as of sporting events, you could offer drones for parties, you could offer drones to inspect infrastructure. There is almost no limit to what you can do with drones!
Is your business idea really unique? What value will it generate? Is it something your target audience really wants? Or is it something you think they’d want? Getting answers to these questions is important to determine whether or not your idea works.
Cambly is an online, foreign language, tutoring platform that lets individuals practice their language skills with a native speaker. Online tutors make 17 cents per minute ($10.20 per hour) talking to paying Cambly users. To get started, you must be a native English or Spanish speaker; you must have a webcam and Internet connection. Payments are made via PayPal.
But before you can graduate from side business idea and start earning a full-time living as a graphic designer, you’ll need to build your skills—I recommend starting with reading the foundational book Graphic Design School and Steal Like an Artist, the incredible book by Austin Kleon about how to become more creative. To accelerate your education in becoming a graphic designer even quicker, check out the online courses Graphic Design Fundamentals and The Graphic Design Bootcamp.
Sometimes these are full-service firms that not only do the design but also perform the work. The closer your expertise and confidence allow you to get towards high-end landscape design, the higher an income you will be able to command.
The best way to hold onto your competitive edge is to protect your trade secrets. A trade secret is that information that isn’t known to others that gives you a competitive advantage in the market. There are many kinds of trade secrets, and trade secrets receive legal protection as long as their owners take steps to keep them secret. Those steps could be anything from marking confidential documents to requiring partners and employees to sign nondisclosure agreements.
Edit Fast is a company that offers editing, proofreading, writing, and indexing services. Edit Fast hires work from home Freelance Writers, Editors, and Proofreaders. Editors bid on projects and Edit Fast charges the client an additional fee.
Connect and Sell – Read Review – This job involves connecting calls, so you’re not actually having to talk to anyone. Pay is around $9 hourly. They may pay weekly via Paypal. Job is also very rarely open, but when it is, it’s listed under “Phone Administrative Support.”
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.
This could be a lot of fun, playing store merchant every now and then, when you decide to attend a flea market. There are general flea markets to attend, plus more specialized ones. For example, being a model railroad buff, I notice the many model railroad vendors who travel to model railroad shows around the northeast, selling new or used model railroad supplies. You could make your own items to sell, trade used items, or sell new items that you buy wholesale. The options are endless.
Below is a list of almost every non-phone work at home job I’ve reviewed here, with two links for each listing. One link will take you to the review of that company, and the other will take you directly to the page you need to sign up.
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.
Where there are homes, there will be children and where there are children there will be tears over math and grammar. Though the internet abounds with online tutoring services, nothing can ever replace the benefits of having an in-person teacher. In addition to being a great business idea for small towns, tutoring can also be a profitable business for both yourself and those working for you. If you are looking to hire employees, we recommend starting with a few tutors that specialize in math, reading, writing, and science. Don’t attempt to hire tutors that brand themselves as a jack of all subjects, those individuals are few and far between and most likely would be too expensive for you to employ from the start. Instead, look for tutors that specialize in one subject and have previous tutoring or teaching experience.
Protect your LLC status: Having an operating agreement makes your LLC more “legitimate” in the eyes of the court, especially if it is a solely owned LLC. Because there are many different types of business structures, you want to make sure that your LLC is recognized as an LLC and not something different. The formality of an operating agreement insures that your LLC will be seen as an LLC. [19]
Companies are increasingly turning to freelance and contract workers to fill the skill gaps in their staff. It’s not hard to imagine that you could build a whole company around providing freelance services of one sort or another. Some freelance gigs pay by the project and others pay hourly, and the rates can vary greatly. But as you gain more experience, your earning potential will soar.
The major benefit of becoming a foreign corporation is that it allows your company to operate as one entity in many jurisdictions. For example, if you originally incorporate your LLC the State of Delaware, you can file your existing domestic LLC as a foreign corporation in other states.
If you think you might want to work from home, this section is a great place to start.  Take the work at home assessment to get a better idea of whether home-based employment is the right choice for you, and find answers to common questions about working from home.
What price do you intend to sell your product or service for? How much will it cost you to produce? Work out a rough estimate for net profit—factoring in fixed costs like rent, energy, employees, etc.
A growing senior population means higher demand for home health care services. The 65-and-older population will grow to 98 million by the year 2060, more than twice the number in 2014, according to the Administration for Community Living.
Whether you’re planning on delegating all of your marketing efforts to a professional or leading the expedition on your own, it’s important to keep a few fundamentals in mind so you can gauge the success of your marketing strategy.
Looking for work from home jobs that don’t involve the use of a phone? Many people are — most often because of the “no background noise” requirement most phone jobs come with. Kind of hard to abide by that when you have kids and/or pets running around during the day! Fortunately, you do have lots of options!
Food trucks and food carts are booming! And no wonder! They allow you to get into the food service business with a lot less overhead than a restaurant, and increasingly people are willing to buy more gourmet fare from food trucks.
Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business.

Apply for an employee identification number (EIN). An EIN is an assigned number for IRS purposes, similar to a social security number. EINs are used for small business and corporations to account for employee tax withholdings.[16] However, an EIN is not required if you do not have any employees and you are a solo member LLC. If this is the case, you can simply use your Social Security number instead. Another option, aside from hiring employees and applying for an EIN, is to hire only independent contractors. Independent contractors are not considered employees and therefore no EIN will be required. If you do plan on hiring employees, you can apply for an EIN by:
Most people, even those many won’t admit it, love moving their bodies. It’s also a great workout. If at some point in your life, you had to hang your dancing shoes for a more sensible office job, there’s nothing stopping you from earning money with this side business idea as a passion project around your day job. Part-time dance instructors get a fraction of the pie that their full-time peers enjoy, but it can add up to hundreds each week if you’re consistent—making for a great side business idea to those with the skills and drive.
Get your personal credit in the best shape possible. Start by visiting AnnualCreditReport.com to get free copies of your three personal credit reports. If you apply for a business loan or credit card, lenders will evaluate your personal credit. Follow the steps required by Experian, Equifax or TransUnion, outlined on their websites, to challenge any incorrect information on your credit reports.
Tradesy helps women turn closet clutter into cash, allowing users to sell items clogging their closets by handling the transaction from the time a photo of the product is uploaded to its delivery to the purchaser’s door. Tradesy brings white glove customer service to the fashion resale space.
Discover your inner publicist. You might truly believe in your product or service, but in order for it to be successful, everyone else must believe in it too. If you’re new to advertising and marketing or you dislike doing the sales pitch, now is the time to overcome such feelings and put on the publicist persona. You need to develop an excellent short pitch to convince people they need your product or service, one that reflects the value, purpose and potential of what your business is offering. Write down this pitch in many ways until you find one that you feel satisfied says it all and is something you can say readily. Then practice it like crazy!
Resource Recommendation: Once you’ve taken this first step, it’s time to start thinking about managing your finances going forward. If you’re not ready to hire an accountant, there are a bunch of reputable accounting software programs out there. We run through some of the best options in our top accounting software ranking.