There are basically two businesses here and I would tend to focus on one or the other. One is providing medical help such as skilled nurses. The other is providing senior companions. Both can be great businesses with long term revenue streams and high demand.
Are you an extrovert that loves meeting new people? Selling insurance products—particularly life insurance—may be a great way to bring in some extra cash and build residual income in your spare time. Selling life insurance on the side could quickly generate a consistent $1,000 – $2,000 per month depending on how much time you invest in this side business idea. To get started you’ll likely want to take an online course to brush up on the subject matter, and then pass a state licensing exam. The biggest challenge you’ll face as a new agent is generating sales beyond just helping out friends and family. From there, it’s all about networking and lead generation to grow this one. Learn more about this side business idea with this getting started in life insurance guide from the team over at NoExam.
Cloud hosting allows businesses to store their data in the cloud and access it from anywhere. Cloud hosting is often very secure and is great for businesses to keep their data secure. Many cloud hosting business offer reseller programs and some even allow for your own branding. You could work with businesses to get them set-up with cloud hosting and ensure their business documents are secure.
Tree services charge a lot of money for their services and one reason is that this can be dangerous work. A tenant of mine was injured working for his own tree service. So, think safety first. Don’t take on a job that is over your head–or don’t be afraid to ask someone more experienced to help when you need it. You can also rent lift trucks and other specialized equipment when you need it.
I learned a lot about resume writing as my book publishing company became the leading seller of resume books in the US. Resumes are not obsolete, even if you don’t always use one when applying for a position online, recruiters expect you to bring a resume to the interview. With the Internet, you can help write resumes and cover letters for anyone in the world. If you can write succinctly, you can write a good resume.
Everyone wants videos for their website, and corporations and non-profits are willing to pay good money for high quality service. This is a local business because you need to be onsite with your camera.
As a web developer, you’ll build incredibly valuable skills that are in extremely high demand. You can get up to speed on building websites in as little as a few months with inexpensive or free online education programs like Treehouse, the Web Developer Bootcamp on Udemy and Codecademy.
This is a business you could start in a couple hours with literally zero investment. In the public library on the resort island of Nantucket, I watched a man create a flyer for his walking tour business on a free public access computer. Then he went outside and posted the newly created flyer on the public bulletin board. A few hours later he greeted his customers as they gathered on the advertised street corner, collected their money, and then took them on the walking tour. Not sure how to set up your walking tour? Get a history or even a self-walking tour guide at the public library.
I’ve found that fear often stops aspiring consultants from starting a consulting business–or any business–and on my blog, I talk about how to overcome those fears. I also talk about practical, concrete things you can do to start and run a successful consulting business, along with tools, tips, tricks, and techniques for automating your business and keeping costs to a minimum. The info I give is applicable to most other types of businesses as well.
According to compensation survey administrator PayScale in 2010, the average income of small business owners varies widely depending upon their level of experience. For example, small business owners with less than one year of experience in running an organization earn an annual salary ranging from $34,392 to $75,076. Those with more than 10 years experience, on the other hand, earn upwards of $105,757 per year.
There is a huge upside potential rebuilding auto parts, like transmissions. However, I have friends who have gone into this business and it can take years to nail down your production process, develop your customer base and start to reap the big money.
There’s never a guarantee of making it big on YouTube. But you can create and post a variety of video content to the platform right from the comfort of your own home, and maybe even make enough from ads to run it as a business.
Sales Tax Permits – If you intend to sell taxable goods, on- or offline, you will need to obtain a sales tax permit. Remember that sales tax permits not only refer to where your business is located, but where you conduct business. Even if your state of residence doesn’t require sales tax, if you transact business in a state that does, you can still be liable for having a permit. Small business sales tax laws can be complicated, so do your best to understand the intricacies before beginning your business.
You can buy a beer kit for under a $100 and start experimenting with brewing your own beer. If things go well, you can eventually open your own microbrewery.If beer isn’t your thing, then you can start making wine. Start by purchasing juice or growing your own grapes. If the batch is good, then you can sell your vino online and someday launch your own vineyard or tasting room.
This is a worker who handles any number of small tasks for a business or individual. Tasks include answering emails, data entry, scheduling, managing blogs, and even shopping. Anyone can become a virtual assistant. According to Indeed.com, the average salary for virtual assistants is $42,000.
Potential challenges: Insurance is a must with this business, given the risks of injury to yourself or employees, or the possibility of damaging appliances. You might also face competition from established appliance repair businesses.
My kids did an upscale sneaker and related goods boutique. This can be a lot of fun but it may be harder than you think to make money. First make absolutely sure your location has great foot traffic—stand there and count heads before you sign a lease! Then develop a distinctive plan for merchandising, and don’t be afraid to mark down what isn’t moving.
Have you cracked the code for landing higher paying jobs at the drop of a hat? If you have a knack for helping your friends or co-workers navigate the process of finding their dream job, nailing an interview, negotiating a better salary or getting a raise at their current day job, other people would be willing to pay for your help too—making this a great side business idea that doesn’t take too much time. Get started by sharing your advice on a personal blog and becoming a career coach on platforms like The Muse and Coach Me where there’s already an existing audience of people looking to make a move in their careers. From there, keep your focus on helping people get real results, building case studies to support this side business idea, and eventually charging for the results you’re delivering clients.
It takes a very thick skin to go into this business, but debt collectors only need a telephone and a computer to work, making it a great work-at-home business. It’s also a recession-proof (or even recession-loving) business. Licensing requirements vary from state to state, so make sure you do your homework before setting up shop. Median salary: $31,300.
Research continues to prove that mobile apps or mobile Web browsers .are a must for businesses of all kinds. But most don’t have the in-house teams to create them. Smaller companies also don’t have the budget to hire an expensive firm to create their apps. A freelance app designer who works from home could specialize in creating apps for one or two industries and build a strong following.
The popular myth these days is that anybody with a smartphone can be a photographer. The truth, however, is that professional photography can be a cutthroat business, with demanding clients and fierce competition. But that doesn’t mean it’s not worth doing as a profession for those who have a passion for it.
If you speak like James Earl Jones or Scarlett Johansson, quite a number of digital publishers (including game developers, animated film-makers, and training video producers) pay good money for voice talent and the time investment isn’t too intensive—making this a great side business idea. You can find these publishers looking for voice-over artists on sites like PeoplePerHour, Freelancer and Upwork, as well as their calls for talent directly on their websites or through voiceover agents. If you do pursue this as a side business idea, be prepared to invest for the long-haul as it can be a very competitive industry.
Blogging is a growing career field that can encompass a variety of different niches and topic areas. If you enjoy writing, photographing and otherwise chronicling your family activities, it may even lead to a career as a professional blogger.
This is a perfect business idea for trained accountants who would like to work from home, although it is not necessary to be a Certified Public Accountant in order to become a freelance bookkeeper—it’s just necessary to have the background knowledge that bookkeeping courses at any community college can offer. This kind of freelance work is especially helpful for small businesses that do not need or cannot afford a fulltime bookkeeper, making it possible for you to have full time work through several smaller clients. Median salary: $34,000.
A lot of these sign businesses are franchise operations, but you don’t have to be. The key is marketing. Watch what other players in this field do, explore the hundreds of marketing videos on BusinessTown.com. Unless you are really strapped for cash I would recommend starting with a storefront but not a third-rate location, and a simple and small facility should be fine. Alternatively, you could try this business totally online, shipping signs to customers.
The idea of this business is that you can personalize just about anything your customers may want. T-shirts, hats, mugs, pens…you name it. Initially you may want to outsource all of the work, but if your business takes off you may want to bring some of the personalization processes in–house to further boost your profit margins.
There is solid demand for this business—and no wonder installing carpet including stretching it out to fit just right—is harder than it looks! Demand comes not just from homeowners but also from commercial businesses. You can land installation work from carpet retailers, from online business service directories, or from advertising on places like Craigslist.
InboxDollars allows you can earn cash for surveys, reading emails, playing games, redeeming coupons, searching the web and shopping online. Membership is free, and you’ll receive $5.00 for signing up. Payments are made via check. InboxDollars which is part of CotterWeb Enterprises, Inc. has an A+ rating with the Better Business Bureau.
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.
The dreams of working at home and being your own boss (or ruling your own world, perhaps) are very much alive and go hand-in-hand in the modern workforce. It is now possible to start almost any kind of business from home immediately, albeit with varying degrees of investment and experience.
Take the time to develop your skills at either making your own music, or becoming a pro at mixing, and your side business idea of dj-ing local events could turn into a much bigger endeavor. Though you’ll first need to command a solid knowledge of sound design, mixing and music production before expecting to land your first gig with this business idea, as developing an entirely new skill set is not for the faint of heart.
For the musically gifted, offering lessons to others who want to learn an instrument can be a great source of extra income. Unless you’re teaching piano, students can bring their own instruments to your home for hour-long lessons. Stock up on sheet music or songbooks in varying genres and aimed at various skill levels so you can offer a wide selection for your potential clients. Voice lessons can also bring in a lot of money if you market yourself to local high school and community theater groups.
For my business (blogging here at SeedTime) it took a long time before I started making any money blogging, let alone enough to pay the bills each month. I didn’t really know anything when I started and still feel like I do a whole lot more wrong than right, but the one thing I have had going for me is that I have been persistent.
Organize your business as a legal entity. When setting up for business you have several options in determining the structure of your business. The easiest is to simply act as a sole proprietorship where you, the business owner, are legally the business. In this case, you would use your SSN for tax identification purposes. However, if you plan to have partners or hire employees, you will need to organize your business as a separate entity like a corporation. Doing so will require you to incorporate your business with you state and obtain an employer identification number (EIN) from the IRS.
Like starting a home bakery, developing a catering service comes with a unique set of food-oriented challenges. Right off the bat, you need to make sure that it’s legal in your state or municipality to use your home kitchen for commercial food production. If it is, you’ll still need to make sure that you’re following food-safety regulations and other relevant laws.
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.
Social media sites like Facebook, Twitter and Pinterest have become popular not just for business use, but also for plenty of individuals who simply enjoy using them. You can have the best of both worlds by starting a business where you help businesses shape and carry out their social media strategies on the sites you already use.