Since there are more than 46 million people in the U.S. who are 65 years of age or older, and that figure is expected to increase to approximately 98 million by 2060, there are a lot business opportunities involving seniors.This includes companionship, running errands, or providing advice for family members.
Two of the biggest problems of operating a retail store are the overhead of having a storefront and the risk and cost of carrying inventory. With a virtual consignment store you eliminate both of these problems! You could take it one step further and have your suppliers drop ship the goods for you.
The day spa business is hot as more and more overworked people seek rejuvenation for their tired bodies. I would pull first time customers in with very sweet deals, then try to tie them in with a membership model, such as so many day spa visits per month for one flat rate. Building out a day spa can be expensive and will usually cost more than you budget, so with your first spa I wouldn’t get too carried away with remodeling. Instead make the spa nice, but not lavish, and then offer great service.
If you have experience with marketing, SEO or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results as your side business idea. Businesses of all sizes are in constant need of bringing in more customers, which is where you come in with your business idea. Start by pitching some of these small business marketing ideas by Brian Downard and you’ll be sure to impress the first set of clients you begin working with in your area.
If you’ve already created a successful business then you can pass that knowledge along to someone else for a fee – such as market research, business plan narrative, and financial statements. New business owners are more than willing to pay a someone who has successfully started a business to help guide them in developing their own successful business plan.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You’ll be able to complete simple tasks ranging from logo design, to creating animations, or even drawing a company logo on your forehead. While this side business idea likely won’t be growing into a million dollar startup for you, it can still be a platform for funding your next big business idea. Want to learn more about Fiverr’s history and how to get the most out of selling on the platform? Listen to my interview with Fiverr CEO Micha Kaufman.
An event planner would work with clients to meet their demands for parties, lunches, weddings etc. A lot of your job would involve organising with other businesses such as suppliers. As this is a service based business there would be little start-up costs and there would be no need for any storage so you could potentially run your business from home.
The other option for online sales is to simply become the eBay middleman. Millions of vendors sell their wares on the online auction house. If you can find an inexpensive source for (legally!) saleable merchandise, you can get into business.
I found this website homebusinessidea.com.au and they were brilliant in helping me get sorted with a home business that suits me down the ground. With so many choices out there I found their approach simple and down to earth.
Potential challenges: It’s a seasonal type of business, as wedding bookings are likely to slow down in the winter — though this depends on where you live. As a result, you may need to get creative when it comes to stretching your earnings throughout the year.
This is a great business and I can’t tell you how many times I have used pest control services for my residences as well as commercial locations. The rates vary hugely from one locale to the next, so carefully survey nearby markets to determine which market may be the best opportunity for you.
Running your own business from home has a real charm to it. You’re your own boss. Your working hours are flexible. Costs are low since you don’t have to pay rent on a brick-and-mortar office. And there’s no need to ask permission from anyone to, say, walk your dog when the spirit moves you.
But if you get the green light to do it, starting a catering service is a relatively low-overhead way to create a new business. It’s a lot of work, but if you enjoy cooking, it could turn into a lucrative and fulfilling career. To get started with minimal investment, you could first cook in your customers’ homes and use their dishes. Also, a narrow specialization on a particular type of cuisine or event may help you attract clientele as you work develop a strong customer base.
Photography: generally, everyone I know who has a camera thinks they’re now able to shoot professionally, either with micro stock or wedding. Aside from skill issues, wedding photo requires a lot of gear: 2DSLRs, 3-4 pro grade lenses, lights, and photoshop….and you have to know how to use it all under pressure.
I’ve rented boats and bicycles and this can be a decent business. For canoes, you don’t need a waterfront location. You can rent canoes from a highly-trafficked location on the side of the road, and then provide roof racks for your customers’ cars.
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.
If you live in a bustling area, chances are local businesses could use a local courier service. Unlike the big name services, you can offer more flexible pick-up and drop off times, which can be a godsend to many small businesses. According to About.com, half of couriers earn in the $17,000 to $27,000 range.
Believe it or not, a lot of people still don’t know how to use Microsoft Office (especially PowerPoint). You might already know enough about basic software applications to teach other people how to use them and set up your own computer-training operation.
Whether you are helping a business with traditional marketing materials or instructing them on the fine art of blogging (ahem) and social media, this is a business that has almost unlimited potential for freelancers. Median salary: $108,000 (!).
Potential challenges: You’re responsible for the safety and well-being of people, so getting the proper insurance and setting up the right legal structure is a must. It can be a stressful business to run, with long hours and frequent travel required.
Being a virtual assistant not only gives you the flexibility of working from home, but often you get to set your own hours. Virtual assistant work is frequently part time, so it could be a way to get some income coming in while you develop a plan for another business.
If you can read and follow the directions of an online soap-making tutorial, you can gain some basic knowledge of the soap making craft. It involves relatively few materials and tools. To make soap you mix various forms of oil with lye and scents. A basic mold for 12 bars can be bought on Amazon for under $10.
Swagbucks is an online platform where you can earn points called SB, which can be redeemed for gift cards and coupons. You can easily earn SB points by watching videos, playing games, answering questions, shopping online, and even surfing the web using their toolbar. Refer your friends, and you’ll earn even more SB points. Your SB points can be traded in for gift cards from Amazon, Target, Starbucks, PayPal, and Walmart. Swagbucks also gives you a $5 bonus for signing up! Swagbucks which is part of Prodege, LLC has an A rating with the Better Business Bureau.
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.
Keep your regular job until you are able to make the same amount of money or more consistently. Many people who have a home based business give up their regular job when they have saved a year’s income.
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!
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.
When visiting a city it can often be difficult to find parking, especially during peak seasons. A unique business idea would be to create an application that tells users where the nearest car parks are and whether there are spaces available. Users would be willing to pay for this app if it is saving them time and they are getting reliable parking information
“Where 10 years ago every company needed a website and five years ago every company needed an app, now every company needs to embrace messaging with AI and chatbots,” said ChatBot expert Murray Newlands. While making a chatbot sounds complicated, tools like Chattypeople allow you to easily build a Facebook bot without having any previous coding knowledge.
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.
The industry in which a small business operates also affects the average income of his owner. Some industries pay far more than others. For example, entrepreneurs who owned electrical contracting businesses make salaries that range from $49,910 to $114,000 each year. Child care providers, in contrast, make anywhere between $19,792 and $61,674 annually.
The average income of small business owners is also affected by gender. Males earn a median annual salary that far surpassed their female counterparts. Payscale’s report indicated that men who own small businesses earn a salary that ranges from $42,575 to $96,111. Women, on the other hand, only earn $31,380 to $71,140 every year.
More and more businesses are allowing customers to order products online, such as your local grocery store or pizzeria. Not all of them, however, deliver. That’s where you can into play. You can deliver these products.Or, you could start your own business like Door To Door Organics – which is an online grocer of natural and organic products that’s delivered to your home. The company started in 1997 for just $700 and is posting around $40 million in revenue.
This seems like a fun and easy business and it can be very rewarding. However, it is very competitive and can be hard to break into. Interior design is also increasingly sophisticated, with software design simulation and specialized educational backgrounds becoming more common.
Box subscription services are popping up everywhere in the food, beauty and even pet product sectors, ready to deliver goods right to your door each month. One of the consumer perks is the idea that these subscription boxes are carefully curated just for them based on their likes and interests, and each month, the boxes’ contents are a surprise.