Build a trusting customer base. By adjusting to your customers’ needs and consistently providing good services or products, you get the best form of free advertising: word of mouth recommendations. Your customers will recommend you to their friends if they are truly satisfied with your work, and your business will grow accordingly. You’ll have get some customers coming back for repeat service and build up a consistent revenue pipeline.
Got a thing for numbers? Plenty of companies need to hire talented contractors who are good at data analysis, making this a potentially lucrative side business idea if you have the right credentials and experience. Platforms like Upwork and Digiserved are but a two of many websites that are great for freelancers with an analytical prowess, looking for extra work as a side business idea around their full-time jobs.
Interested entrepreneurs can either open a franchise from an existing vending machine business or sell vending-machine friendly products to help stock up schools and offices with healthier, affordable snacks.
Focus on your strengths, skills and experience. You can perform at a higher level earlier on if there’s less of a learning curve. And starting a business that you have passion for gives you a better shot at success and lowers the chances of burnout. A detailed business plan will help, too.
This is like a simplified version of a flower delivery service, but without an inventory that is constantly becoming obsolete! Plus, balloons suggest fun and light-hearted cheerfulness, perfect for many occasions!
Great ideas. I currently work from home and love it. It beats driving 2 hours in traffic any day. I constantly have people asking me about jobs from home, so I’m going to have to pass this list along.
Many business and non-profit associations are too small to hire a full-time administrator but still have a lot of administrative work to be done. Some of the business groups I belong to, such as local chapter of The Young President’s Organization and The Harvard Business School Association of Boston, have hired an association management service which is typically a single individual or in one case a mother/daughter team. For these businesses, the management service processes membership dues and event payments, fields questions about events, arranges logistics for events, and attends events and welcomes members. Payment is usually on a monthly retainer basis.
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.
Fashion, style, and grooming continue to be a lucrative side business idea that can be done in your hours outside of work. If you know how to mend clothes, then you have a growing market of budget-conscious and/or personalization-obsessed customers. Entrepreneur says you need around two thousand dollars to start a decent side business idea in this niche but there’s no harm in starting smaller and growing from there, as long as you can make magic with needle and thread.
If you’ve got business expertise already, you can help other entrepreneurs launch and maintain their own businesses by offering your services as a business plan consultant and writer. Help your clients figure out their ideas, goals and finances for their businesses and put them all in one organized business roadmap. You can also help conduct market research for your clients, so they can determine how successful their businesses can really be, or if they need to make changes or go in another direction before wrapping up their business plans.
This is one of the most popular small businesses in the world! And no wonder! Everyone needs to have it done and many people don’t like to do it! It is also a business that can be challenging to get your employees to consistently do a fantastic job. That’s why this business is particularly well-suited for both solo entrepreneurs and an entrepreneur who runs one single crew of cleaners.
Believe it or not there’s a treasure trove of valuable items being thrown away by big box stores around the world. Electronics stores toss out everything from printer cartridges to tablets, and if you’ve got the stomach for rummaging around in dumpsters you can easily earn a bit (more than you ever thought possible) with this side business idea.
With the advent of Fiverr, we saw a brand new way to assign and accept work: little jobs for small payouts. But it’s no party trick. Apps like Gigwalk and sites like Mechanical Turk make it possible to cobble together a living with lots of little assignment each day.
This is another heavily regulated business and it’s competitive. But companies that need security need it on an on-going basis and typically they need more than one person. That means every assignment you get can be an annuity stream as long as you service the customer well.
Similar to selling on Amazon, eBay is a place to make money selling just about anything you can think of as a side business idea, with the added excitement of using the auction selling model to sometimes get way more than you expected for that antique baseball card you picked up at a local street fair. To turn your eBay selling into a legitimate business idea, look for opportunities where you can buy in-demand products at a discount—and later sell them for a profit. Eventually, you can even take the lessons learned from your eBay store and build a full on blog or eCommerce business like what the team over at Gear Hungry has done.
I like anything that is custom because it allows you to distinguish yourself with great customer service, and provides some upside for pricing. Offering this kind of service online means you can set your own hours and start the business part time.
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This is one of the most-clever businesses I have seen! Here you get to have your own art gallery with no overhead! You arrange with a restaurant or bar to host your pop up art gallery at no expense to you. The venue benefits from selling food or drinks and the publicity your event will bring. The paintings or other art you obtain on consignment so you don’t lay out any cash for that either. Then you arrange the promotion. They key to this business is building your email list and social media contacts so that are able to build up a regular clientele without having to own a storefront or spend money for advertising.
A membership website is a great business model that con provide you with a recurring revenue stream. Once you have members signed up you can charge them a monthly subscription fee to access the content of your site. This could work great for digital products and other valuable online resources.
It’s one of the first ideas people have when they think of starting a business: making and selling crafts. That means there’s lots of competition. The good news, though, is that people just love crafts. But be careful. Don’t just sell anything and everything. Define a product line and choose a distribution channel (online, craft fairs, etc.), and stick with your plan. And, of course, be creative.
A large proportion of homeowners and small businesses have lawns to tend to. Many turn to independent providers of yard work services to take care of their lawn care woes. To start and sustain a yard work services side business idea, you need training, equipment, and a growing network of customers. In the U.S., a full-time landscaping and groundskeeping worker reportedly earns a median wage of around $25,000, while those working on this as a side business idea largely during evenings and weekends can expect to make substantially less.
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.
With this business, you could focus on providing PC training to employees at smaller to mid-sized companies that are too small to have their own IT departments. Or you could offer classes to individuals.
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.
If that isn’t enough, you can expand your services to include pet grooming as an extra side business idea. To do that, you’ll need to have relevant training, an operating license depending on your location, and pet grooming equipment. According to PayScale, pet groomers have an average salary range of $17,600 to $48,500. Not bad as a side business idea if you can find a way to get in most of your clients on the weekends.
In general, to get the deduction, the area must be used for work exclusively and on a regular basis, either as your main place of business or a location to meet with clients or to do paperwork, such as billing and ordering supplies. That means your kids can’t play games on your work computer when you’re away, and your spouse can’t set up the new elliptical machine in the home office space.
For this reason, consider testing out your dishes on a smaller scale first, at a local farmer’s market or a food festival. You can get feedback from customers on your product before investing in a mobile operation.
Investment: The startup costs should be low; you’ll need to create a website and promote your business. If you don’t already have the required skills and experience, you may need to take some training or courses.
Being a clown for kids’ birthday parties and similar events can be a fun job if you enjoy entertaining and working with children. You’ll, of course, need to leave your home for the actual events. But you can do the booking and prep work from home.
Before you get excited about starting your home based business idea, you first have to make sure you have the right tools in place. The main tool is a speedy Internet connection. Most home based businesses will require some sort of Internet connection. With a good Internet connection, you can also take care of a phone and fax. Isn’t technology great?
You can provide full service grooming without any overhead by visiting pets at their homes. Or you can have a store front with full service grooming. Or you can provide a do-it-yourself pet grooming facility. Location matters. One do-it-yourself pet grooming facility was highly successful with a location on a busy road, but another location they had on a secondary road, just off the center of town, did not work out.
Set up a dedicated phone line and internet service. Almost all businesses will require contact with customers over the phone. In order to ensure that your line will be free when customers call, you’ll have to get a dedicated phone line for business use. You should also sign up for voicemail rather than using an answering machine. This sounds more professional to customers. You should also add an internet connection that is fast enough for your business purposes while still remaining affordable.
While I’m not an advocate of selling yourself short or devaluing your worth, there is a time and a place for freelance job sites. These sites are job boards for freelancers and businesses; it is a place to connect, shop around, and most importantly get some money into your pocket. While many of these sites may offer smaller payouts, they are a great place to gain experience and build up your portfolio.
You hear about these opportunities, and they often sound like scams. But the truth is that the medical industry has a great need for individuals to transcribe audio dictations into coherent reports. Transcriptionists do need education—generally a two-year degree—to make sure they are clear on the arcane medical terminology. Median salary: $32,900.
While you might first think of parties for kids, parties for adults is a rapidly growing field. To break into this field, I would start by offering some really attractive package deals. Then I might try to upsell additional services once the parting host became more comfortable working with me, or at least on repeat engagements.
in regards to working from home, I think that the first thing a person needs to understand as much as possible is to understand finance. I don’t mean high finance, I mean daily finance. If America really spends more than it makes overall, you better not be in that crowd.
The list given above applies to any business. However, there are licensing rules that are triggered when a business is operated from a home (or in an area zoned as residential) and special considerations that come into play for the general type of permits.
Businesses always need graphic designers to help them convey information visually, through logos, advertisements, posters, websites, and the like. While it is possible to be an entirely self-taught graphic designer, most have either a certification or a degree. Other than the cost of design software, this business has very little overhead and can be done anywhere with a dedicated computer. According to the Bureau of Labor Statistics, graphic designers have a median salary of $45,000.*
Learning how to promote yourself is a lynchpin for success. In addition to having a LinkedIn page, consider having Facebook, Instagram, Pinterest and Twitter pages for your business. Check out competitors to see which networks they use professionally. Photographers, for example, often showcase their work on Instagram, while Pinterest is popular with people selling consumer goods such as jewelry and glassware.
Once you gear up to get your business off the ground, you may also want to consider getting a business credit card. Not only can a business credit card help you manage cash flow as you get started, but the right card can help you earn cash-back you can use to run your business as well. The Ink Plus® Business Credit Card is a smart choice for anyone who wants to earn flexible points on their business spending. At the moment, the signup bonus alone on this card is worth $600 in cash back! Meanwhile, the Ink Cash® Business Credit Card awards you with $200 in cash back after you put $3,000 of your new business expenses on the card within the first 90 days. Plus, this card comes with no annual fee.
Thanks to hacking, scamming, and viruses, security is a priority for both businesses and individuals. Besides your expertise and some marketing, it doesn’t cost much to protect the hardware and software of others. Those handling sensitive information are more than willing to pay you a pay bundle to keep that info safe.
One of the best ways to keep a grocery budget—and a waistline—in check is to do meal planning. But for some, this kind of planning is a mystery wrapped in an enigma. A meal planner could put together a list of a week’s recipes, along with a grocery list, for a harried but budget-conscious shopper.
Market your business. To bring in more customers, you’ll have to market your business. This includes advertising, establishing a strong social media presence, and other activities designed to draw in customers. Your type of advertising should vary based on the type of customer you are trying to attract. If you’re working locally, advertise on local radio stations or in the newspaper. If you work online, sign up for Google AdWords or advertise your business on relevant websites.
When I was running my book publishing company I developed a series of books called the Everything series and I negotiated a deal to buy the “everything.com” domain from a company controlled by Microsoft co-founder Paul Allen for over $100,000. The market for good domain names isn’t going away and you can make money trading these names, but I would be careful in putting too much money into names that are “almost” great names.
The big drawback to most retail ventures is that they are competing head to head with bigger retailers, as well as online sellers, who may sell brand name goods for lower prices than you can buy them for. Well a resale shop takes all that competition away. Choose your specialty carefully. Sporting goods and vintage clothing are good bets to consider.
Don’t forget good ‘ol lawncare or landscaping. As we become more and more acquainted to the air-conditioned lifestyle more people are going to want to pay someone to do landscaping. If you like to sweat this one may be for you.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
To even qualify for the contest, his company had to have a business selling between $1 million to $50 million; an achievement in itself. Yet Allen and his co-founder Cathryn Lavery–along with the other contest winners–managed to grow their gross merchandise volume by an additional 500 percent throughout the contest.
Car flipping can be a fun way to turn your love for cars into a quick side business idea if you have the capital and a stomach for the inherent risk. Buying and selling cars is similar to other “buy low, sell high” business models, but the profit potential per hour invested can be very high. According to Jeremy Fisher at 3HourFlip.com, the trick is to learn how to make car deals come to you, so you can minimize your time invested and maximize your profit on each flip with this side business idea.