You still need to come up with a solid idea, build a brand, do marketing, and provide customer service. But you won’t have to keep a stack of products in your living room or ship every order yourself.
For many people in suburban areas, cleaning up pet yard waste is a real hassle – it’s disgusting, for one. Instead of cleaning it up themselves, they might hire someone to do it regularly, two to three times a week. There are several such services in our area, actually.
Willing to mow lawns and trim bushes and trees? Many people are quite happy to pay for such services, and the demand is persistent: Nature just keeps growing… and growing… and growing. Not only is this a great side business for a fit adult, it’s also a great way for a teenager to get a small business started.
Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship.
On the other hand, if you want to market your own t-shirts you might have more upside potential but the downside is greater too! The brothers who started “Life is Good” t-shirt business for example, lived out of their van for several years until their business finally gained momentum.
Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that’s what I love most.
Mechanical Turk operates much like TaskRabbit and GigWalk: it’s a corner online where Amazon gathers tasks to be done, people willing to do them, and people willing to pay for them. On Mechanical Turk, you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. But don’t get too ambitious. The small sums being paid out to human Mechanical Turk users rarely add up to anything seriously substantial, even if you invest most of your spare time into it. It’s a better opportunity for internationally-based people with internet access and lower costs of living than in the US. Here’s one person’s account of his former life as a Mechanical Turk talking through how he got started with this business idea and what the experience was really like.
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.
Similar to wedding coordinators, event planners work with clients to plan and organize the various aspects of their events. You can work with an even bigger array of clients by being open to the types of events you’ll work on.
These companies will do the rest of the digging for you (federal, state and local) and send you all the necessary applications in a tidy bundle, along with helpful instructions on how to fill them out.
Someone wise once said that to qualify as a small town there is a prerequisite that it must have an ice cream shop. Ok, maybe we made that up. But regardless, if it’s not true, it should be. Opening an ice cream shop in a small town is a business idea guaranteed to draw a crowd. Knowing your product, being familiar with the most popular ice cream flavors, and having a willingness to work nights and weekends are all important factors to take into account. Just remember, this business comes with the challenges of seasonality. So, as we recommended boutique fitness businesses as great for cold weather climates, we are recommending ice cream shops for areas that are warmer. Find the perfect town with the perfect weather and this small town business idea is a no-brainer.
A limited liability company (LLC) is a popular way of setting of a business because it allows the owners to limit their personal liability for actions taken by the company. While an accountant or an attorney can set up an LLC for you, it is usually pretty easy to complete the formation process yourself. Keep in mind that each state will have different rules for forming an LLC, so it is important to look at your specific state laws before proceeding.
If you are offering pizza delivery you don’t need a storefront at all. You could just get an inexpensive industrial quality space, as long as it is convenient to your customers. Lure your first customers in with juicy offers. Then try to keep them with great quality. But beware that a lot of pizza delivery sales even to repeat customers involve some kind of discount or special offer.
Choosing the path of entrepreneurship, and working on your side business idea, is without a doubt riskier than being content with holding a 9-5 job. It requires way more sacrifice. However, once you’re reaping the lifestyle benefits of being your own boss and hustling your way into making significantly more money with your business idea than you ever could at your day job, the hard work will have all been worth it. So, let’s talk business ideas.
There will also be some restrictions based on things like your location, business size/type and the amount of funding you’re seeking. Before diving into crowdfunding, microloans, social lending or any of the other options, make sure you fully understand their implications. We discuss all of these funding methods and more in our guide to financing a new business.
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.
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.
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.
Create a business plan for your home based business. This is the blueprint for your business. It may also help you think of things that had not crossed your mind about your business and help you determine what kind of start up costs you are looking at. At minimum, a business plan should include the following:
All of the inbound calls are from existing customers who are looking for assistance with booking trips or managing their membership. There are support opportunities for English, French bilingual and Spanish bilingual speakers. All calls are inbound so ther…
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!
TeleReach offers telephone marketing services. This company hires home-based positions in appointment setting, lead generation, information gathering, seminar reservations, website marketing, product introductions, trade show follow-up, direct mail follow-up, prospect education, script development, list development, list updating, database sourcing, list merging, prospect, identification, tracking reports, prospect feedback and program evaluation.
Wouldn’t it be cool to have your own miniature golf course! Now that’s the type of golf I think I could handle! Having a well-designed course is nice but what really matters here is the location. You need to be on a highly visible road, a vacation area is a plus, and ideally your competition is a good distance away.
Not everyone wants to tell people that their business is porta potties! That’s OK, you can make good money doing this business. The key is being willing to go out and sell your services to prospective organizations. Once you line up a customer your chance of landing repeat business is huge.
There are several loan programs aimed at helping first-time entrepreneurs set up their business. The Small Business Administration (SBA) operates the loan programs offered by the U.S. government. To qualify for the loan, your business must meet some criteria such as your business must operate in the United States, your business must qualify as a small business according to SBA guidelines, you must operate for profit and you should have a good credit score.
A lot of car repairs don’t require a car lift and you can do them at the customer’s location. Not only does it eliminate the cost of owning a service bay, but it saves your customer the time to drive and wait at a service station.
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!
Call Center QA is always hiring Telephone Mystery Shoppers from the United States. Work from home making calls and completing short online forms. Flex hours and great pay. No upfront costs or background checks. Payout via PayPal within 24 – 48 hours. We have employed and paid thousands of people across the United States. Member of the Better Business Bureau.
This is a good solid service business. But it is competitive, you need to have fully qualified service providers, and you need to look into licensing. No matter how good a service you run, when you deal with the elderly especially there is always legal risk. You can mitigate the risk by incorporating, by getting insurance and by being sure your staff follows accepted medical protocols.
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 …
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.
As you embark on your new side business or “side hustle,” remember that you are only limited by your own imagination and skillset. Don’t be afraid to be creative, and don’t let anyone tell you that you can’t succeed.