People have discovered that they can make so much money at yard sales that they turn it into a regular business, including buying additional merchandise such as at flea markets or online specifically to sell at their yard sales. One town that I vacation in decided that too many people were turning yard sales into a business, and passed an ordinance limiting how many yard sales you were legally allowed to conduct. This is of course another indicator that yard sales can be highly lucrative!
Wedding planning could be good fit for someone who has experience in party planning, event coordination or hospitality. Strong organizational and communication skills, the ability to work weekends and patience are necessary.
This is also when you’ll create your mini-pitch and USP (unique selling proposition). Both of these are intended to concisely describe the mission of your business — the mini-pitch in 1-2 sentences and the USP in just a few words.
This is a specialized niche of the fencing business, but so differentiated that it is basically a totally separate, non-competitive business—and that’s the best kind of niche to find! Your market is dog owners, and probably the owners of some types or dogs, or maybe multiple dogs, are much more likely to be customers than others, which means that you can really target your marketing!
Sometimes I’d do a little touchup work, such as a new wood trim or a coat of paint, occasionally I would contract out an engine repair, and always I would clean them the boats. Like any trading business, you need to find out what sells easily and at what price, and what you want to stay away from. Brand name outboards, specifically Boston Whalers, sold well for me. Sailboats, on the other hand, took forever to move.
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.
Depending on the type of business you’re in, your business structure, whether you’re hiring local Illinoisans, and where you set up shop, syncing with the tax code can happen as easily as hockey melded with Chicago.
Home health care services typically provide seniors with a wide range of assistance, including help with managing illnesses or injuries, administering medicine and treatment, and helping with basic daily tasks. A background in medicine, physical therapy, nursing or social work is a major plus, and it helps to have a high number of seniors living in your area.
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 love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? Take my friend, Mark Jackson’s lead with what he’s doing to build a travel consulting side business idea. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals and eventually you could spin this business idea into a full-time consultancy teaching people how to make your dream trip a reality.
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.
Before you do any estimating, it’s important to understand how start-up costs are categorized. All start-up costs (meaning costs in the period before you start generating income) include two kinds of spending: expenses and capital expenditures.
That’s why I’m a huge advocate of always starting a side business while working full-time, so that you can test your way into your new product or service, get feedback, validate the business idea, and start generating income before you quit your job. If you can master the art of scaling a side business idea while keeping your day job, you’ll have no trouble succeeding once you’re fully self-employed.
Toluna is a survey and product testing site where you can earn points for participation. Most surveys and questionnaires take 15 – 20 minutes and members earn anywhere from 15 – 20,000 points depending on the length. Points can be redeemed for sweepstakes tickets for gadgets or getaways, vouchers for stores like Amazon, even cash. Payments are made via PayPal and check.
Another popular (mostly) non-phone job is online academic tutoring. This is often done via chat over the computer rather than by phone, but different companies will handle the communication in different ways, so you may want to double-check how you’re communicating with the students prior to applying.
Starting a microbrewery is not for the faint of heart. It’s also not for those that don’t dream, live, and drink beer like it’s the water of the gods. But if this sounds like you then go for it! Even if it might seem like a saturated industry, the reality is that even though microbreweries are opening at a rate of two breweries per day, it’s just not enough for the demand the industry is seeing. So if you’ve been hesitant to follow your passion, let us just put this out there that this is the time to tap into a business industry that is perfect for a small town.
The market for website developers is huge and highly competitive. If you lack highly specialized coding skills, I would suggest you consider trying to break into this space by offering flat fee rates to develop new or re-launched websites for smaller businesses or organizations and limit your development work to one platform, such as WordPress.
It should go without saying that entrepreneurs wear many hats — but “attorney” shouldn’t be one of them. While you will have to get acquainted with the laws and regulations that will impact your business, sometimes it’s important to leave the details to the professionals. Give your business the best chance at success: contact a small business attorney in your area for help.
Thankyou For this great article and tips to help online business owners. I myself work at home online and set my own hours. It a great feeling to be your own boss and make money and a living online 🙂
Resource Recommendation: If you could use some help with this step, a business license service is a great solution. They’ll determine everything required of your business on a federal, state and local level, get the forms for you and even provide filing instructions.
This is a big business with lots of opportunities. It is largely a do-it-yourself hobby, so you make money by selling supplies, expertise or services to scrap bookers. You could give courses or hold events on scrap booking. A common way to break into this business is to hold “scrapbooking” parties. You invite friends and acquaintances to your house, tell them all about scrapbooking, and try to sell the supplies they will need to get started.
If you’ve developed valuable skill sets or certifications within your industry over the years, consider putting your skills to use in your free time by offering your consulting services to local business owners as a potentially lucrative side business idea. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company—if you can craft an effective cold email that convinces them to hire you. Start with this 18-step checklist to becoming a local business consultant as a side business idea, from Karyn Greenstreet. When you’re ready to get serious about becoming a consultant, check out all of my picks for the best online business courses to keep building your skills and learning how to land your first consulting clients. Personally, I think this is one of the best business ideas you can get started with today.
State: The California Department of Tax and Fee Administration website offers all the information you need to know about state business taxes and special permits and licenses. The Governer’s Office CalGold Permit Assistance Tool is also a great way to find out what taxes and licenses apply to your business.
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!
If you have a fondness for taking pictures of smiling families or laughing children blowing bubbles, consider becoming a stock photographer and selling your images to a stock photo company like Unsplash, ShutterStock and iStockPhoto as a side business idea. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.
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.
I really like the idea of the outdoor deck business. I envision beautiful wood, wonderfully stained and maybe an attractive awning or roof. Outdoor furniture could be beautifully made out of wood too!
If you’re able to build up your own online network or audience related to a specific topic, you can start working with different brands as an affiliate and earn a portion of each sale you send their way.
It might surprise you, but opening a flower shop is a fairly inexpensive business idea and great for small towns. That is, less expensive than say a restaurant or a car wash. According to openaflowershop.com, starting a flower shop has relatively few costs compared to other retail businesses. One of the only costs you will be faced with is the purchase of a cooler to keep your product (aka pretty flowers) fresh and cool.
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.
Young professionals or people who haven’t job hunted in years often look for assistance when compiling their resumes. You can offer some assistance and feedback to clients working on things like resumes and cover letters.
Do not go ahead with sponsorship until both sides have agreed on what to expect from each other and a written agreement is drawn up and attested in the local court. Do not rely only on verbal understanding.
am very much inspired with these grt shares of wisdom about starting a new venture.thnx. am actually facing it difficult to start my own venture..i really want to start something interns of business but it a bit difficult for me … how do i start a new venture.?
I cringe at the thought of “wasting” any time running errands. It is no wonder that many people love to hire others to run their errands, in addition to those people who may be home-bound for health reasons. Errands often take longer than you think, so you may be better off charging on an hourly basis.
Pink Zebra – When I found Pink Zebra I remember thinking, “Whoever thought of this company is pure genius. There is not a woman in the world that would not LOVE this product!” I was working long hours in the school system, and I had no direct sales background and wondered if Pink Zebra was something I could do. I started my own business for only $99! I was able to quit my job in two months, and I am now an Executive Manager and have seen a raise every month since! We love our team, the opportunity to work together, helping others, mentoring, and sharing Pink Zebra! We have seen so much growth with this company, and we cannot be more excited for the future!
I would like to help my husband feel he has worth. He does not have a college education but has a super high IQ. He has medical issues that keep him from getting a regular job. He is contacted from time to time by the gov. to correct blue prints and schematics. How can we turn that into a business for him? What would I advertise?
The California Small Business Development Center is a great resource if you need a little assistance coming up with funding opportunities. They’ve got dozens of locations across the state where you can go to discuss potential funding approaches for your business based on all the criteria above (and more).
All those phone calls you get from non-profits looking for donations…the majority of those calls aren’t from the non-profits themselves, they are from fund-raising firms. Yes, you could put together a phone solicitation service for non-profits, but fundraising is increasingly turning to inbound marketing. You could develop strategic inbound marketing plans and/or execute these plans for your customers.
Know someone who rents out property to others? Perhaps they could use a hand managing their property. If so, you can make a decent amount of money on this side business idea with relatively little work on your part (most of the time). It’ll take some hustling and the willingness to be flexible with your schedule, as you’ll be responsible for collecting rent checks, managing repairs and improvements, and simply being on call for emergencies. But, a property manager is essential for most real estate investors that have a large enough portfolio, so there’s definitely merit to this business idea.
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!