You may love exploring all the fun corners of your hometown, but it might not occur to you to make that hobby a business. This is an especially good idea if you can offer themed tours or other niche tours. Median salary: $23,620.
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.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend tools and learning resources I’ve personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can’t afford or that you’re not yet ready to implement.
Some affiliate marketers don’t love working with Amazon, because the payout can be small compared with other sites. Amazon starts you off with 4 percent, but that can become as high as 8.5 percent, depending on how many orders are made through your links.
There is a huge market and a big opportunity selling promotional material. Your best market will be mid to larger sized businesses, who are willing to spend some money to both promote their business to their customers or to use promotional items as incentives and rewards for their employees. Basically, you are reselling the product lines for other companies. I would suggest you have a good diversity of lines to increase your chances of getting your foot in the door, to increase your chances of holding your prospects’ attention and to increase your income. T-shirts, pens, hats, jackets: there are all kinds of promotional items you can sell.
Some claim a lot of people are interested in the idea of blogging as a business. May somebody please explain if this is a viable home based business, and how much can you realistically bring in based on an hourly rate… bottom line after all you have to put into it!?
A lot of business people are good at producing their product or delivering their service, but less good about keeping careful accounting records. That’s where you come in. You may visit a small business every week or two, pay bills, send out invoices and keep accounting records.
The old saying about one person’s trash being another person’s treasure is the mantra of the antiques refurbishing business. This is a great opportunity to turn a hobby into a business. But don’t confuse your hobby interest and your business interest.
You can sell whatever you want on eBay and make profit. You need to find the right niche, build yourself reputation, and learn the system, but generally speaking if you buy in bulks, through eBay or through someplace else, and sell every piece of the bulk for a higher price, you will eventually make money. It’s not difficult to make money, the difficulty is to make enough money and sustain a proper cash flow line to be able to buy stock, and make a living at the end of the month.
If you own a camera, starting a freelance portrait photography business could be a very natural way to turn your skills and passions into a profitable business idea. Start with doing free shoots for friends and family to build up a strong online portfolio, get familiar with your gear and the editing process, then you’ll be able to get paid for photographing professional head shots and celebratory family moments as your side business idea. Get started by checking out this men’s portrait photography class that regularly broadcasts for free on CreativeLive. Plus, once you have all the photography gear, you can earn a little extra side income by renting it out when you’re not using it through online marketplaces like Fat Lama.
An important part of the home buying process is having a professional home inspector go through the house to determine the condition of the building and point out any potential problems. A home inspector needs to meet the state regulations for the profession, which varies from state to state, although anyone who has worked in the construction or housing industry will have a leg up. Median salary: $52,000.
No, babysitting isn’t just for teenagers and college students. Quite on the contrary, if you call yourself an Au Pair instead, you can make some pretty good side money working nights and weekends with this business idea if you don’t mind the often odd hours.
You would have to cover yourself legally, though. You have to do things so they would be transparent enough, and legally documented well enough, to actually get what you deserve for this provision of service. Some home owner definitely don’t like to hear that you want to take a cut without signing a prior deal with them. On the other hand if you have a website or a blog to show, you might be able to get some early permission to find them buyers.
Having the knack to put on a good fete is only the beginning of building a party-planning business. You need excellent organizational and client-management skills as well as a willingness to market yourself and your services to everyone you know.
You will need to pay estimated federal taxes on business income each quarter, instead of once a year on April 15. Depending on the location of your business, you may be required to pay state and local income and business taxes, too. Go to the IRS Self-Employed Individual Tax Center to learn how to pay the federal taxes. You may also want to consult with your accountant.
That’s awesome! How large of an investment did you have to make putting a commercial kitchen space into your home, according to public health laws? I would love to sell a food product online, but the government regulations are just too cumbersome and expensive for me.
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.
All right, pick your jaw off the floor-I’ll tell you how this happens. You’re probably all too aware of those obnoxious video ads on YouTube that are shown before the video that you really want to watch. YouTube makes a ton of revenue from these video ad rolls, and when a user has a large enough subscriber base, he or she is invited to join YouTube’s partnership program, allowing the user to grab a piece of the advertising pie.
The key to freelance writing is never to stop selling yourself. Don’t get complacent once a project comes in—always look for the next one. Network like crazy online and in person. Ask for press passes to events in the field of your choice. Attend writing workshops and writer meet-ups; they happen everywhere.
The only word in the English language with three consecutive pairs of letters is also a great idea for a home-based business. You probably already have the equipment and software you need to start a bookkeeping business, and plenty of business owners would love to get the tedious task of keeping records off their hands.
What makes drop shipping so attractive is exactly what lands it on this list; there are no big startup costs or expensive investments in inventory. You can sell products online, collect payment, pay suppliers, and let them send out the products — even using your company logo if you like.
Creating a profitable app for smart phones isn’t necessarily about having the best or most innovative idea: it’s about creating the best user experience for that idea. That’s how app designers are able to make their work-from-home a full time job—and then just live off the passive income.
Offline, it’s a bit more difficult to set up broker deals, simply because the tracking is harder. Traditionally, the most common area for this would be real estate, where it’s common that an agent gets a commission, and agents use sub-brokers who work with them.
One of my friends developed a great retail business with several small gift locations inside of shopping malls. She taught herself to make mouth-watering candy by practicing up in her kitchen. Most of her candy she made herself, but she did compliment her offerings with a few products she bought wholesale.
How do all the pets get to doggie day care or make their appointments at the vet? Your pet taxi service! As people offer more and more services for their pets the need to transport them will continue to grow for years to come.
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.
Motivational speakers can earn a lot of money for even a short presentation. But you need to be awesome! And you need to market yourself. I’ve hired motivational speakers for large group business retreats, and I can tell you that once you start giving stand-out presentations that word of mouth travels quickly!
You can get started by opening a center at home. You set the age group of children to accept, how many kids to care for at a given time, and the hours of operation, although this will depend on the needs of your clients.
Believe it or not, eBay is now more than two decades old, but it’s still the most viable platform for setting up a home-based business online. Big success stories have been around for years now, but there is an enormous amount of competition on the site.
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.
I recently started working in network marketing with a natural hair care line. It has transformed my life, by giving me my confidence back. I was losing my hair and I didn’t know what to do. I’d been to the Dr and told it wasn’t a thyroid issue, but they couldn’t tell me what WAS causing it. My good friend introduced me to these amazing products, that in a matter of months changed my life. My husband is now using the products for his “gaining face” (not receding hairline) issue. Lol.
Investment: It requires a low upfront investment — if you don’t require training. You’ll likely only need to purchase some parts and tools to get started and you can operate the business from your home.
Thank you for this page, it is nice to see all this information in one place. Prior to setting up Online Business Team I have even tried a couple myself. It was always my dream to have my own online business.
These businesses have been around forever, and I have hired temp workers through them from time to time, typically for simple packing or assembly type work. Historically your success would be largely dependent upon how successful you were at making sales calls on companies that hire temporary help. But today you can also bring sales leads to you through online marketing.
My 8 yr old daughter was diagnosed with Apraxia of speech, Regulation Disorder of Sensory Processing, ADHD and possible Autism. I want to open a small local shop that offers the tools needed to help children like her or even children with learning disabilities. It would sell weighted blankets, learning games and activities and so on. Some would be made by hand, others bought and sold in shop. Is this do able? There are no shops around it’s all online. Thoughts please.
One of my friends and his wife liked having a nanny so much that they kept her to help out around the house even after the kids went off to boarding school. This same friend told me they went through 23 nannies in 22 years! No wonder there is a demand for nanny services! This business is all about trust. If you don’t have successful placements under your belt, you can build trust other ways. Show off your background, describe your thorough vetting process, and have a very professional looking website and marketing materials.
Just remember that efficiency is as much the key to a successful soap-making business as artistry is—maybe more so. Get your processes down pat and stay focused on a defined target market, and you can run a soothing and successful home-based business.
One of my friends with a background in manufacturing started a business removing waste from building sites and then he progressed into the demolition of industrial buildings. Like other construction related services, one of the keys to success is very carefully bidding for your work. You also need to make sure you get paid–general contractors can be highly successful one minute and then short on money to pay bills the next.
I kind of “fell into” my at home business. I was a customer of their website division a few years ago. When my husband got downsized – I closed my business and started working with my current company. It’s been such a blessing to be able to stay at home (2 girls in elementary school) and help contribute to our family. When our company started another division helping non-profits with alternative funding – it was something I was passionate about. I feel very blessed to have found the real deal with my at home businesses and in the two years I’ve been with them – it all keeps getting better.
Desktop PC or Laptop: Depending on the type of business you run, you may want to look into upgrading your computer. If your business relies heavily on graphics and videos, it might be best to invest in a computer with a higher processing speed and more RAM to ensure it can handle that much data. Generally, you should look for a dual-core processor and a minimum 4GB of RAM (memory).
Potential challenges: There are plenty of wedding photographers out there already, so you need a good business plan to stand out from the competition. It may also be seasonally dependent, with higher demand in warmer months.
Several of my friends have done this both as a side business and a main business. The ones doing it as a side business have actually done better. I think that is partly because they have waited patiently for better deals to buy.
Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.
Selling “how to” information is a great business idea. Not only are you profiting from a passion or a skill that you already have, it’s incredibly low cost. Just purchase a website, start creating top notch content, and maybe invest in some ads. Since this is a competitive area, focus on a niche that isn’t frequently discussed.
Even so, you’ll need to develop a curriculum and a marketing plan for your new business, and you’ll need to decide whether students should come to you or you should go to them. But the opportunity exists to take what you might think of as fairly rudimentary knowledge and turn it into a profitable operation.
There are many scams out there that will promise you tons of money and financial stability from home. Do not fall for these ploys. The best home-based business is the one you start with your own mind, heart and hands.
If you’re not sure where to find a mentor, SCORE is a great place to start. SCORE mentors are free — just visit www.SCORE.org to find a face-to-face mentor near you or a mentor to contact via email or Skype.
If you have something you’re skilled at and very passionate about, you can turn that winning combination into offering your services with one-on-one online coaching as a solid side business idea. Just be sure to implement your own opportunity management system so you don’t get caught up working with clients that you can’t measurably help. Elmira Strange will give you a step-by-step plan for putting your skills and experience to work by developing an online coaching business—even as a side business idea in the time around your full-time job—so be sure to check out her course on Udemy for a jump start on this side business idea.
The selling costs are remarkably low on the Etsy website. But you will be competing with some awesome looking crafts, so make sure you create some great stuff that is highly distinctive. Then take perfect photographs and write up snappy descriptions. Try to build a following by developing a related line of goods