Many people consider their pets to be family, and pet owners are often more than willing to shell out some serious money for Fido or Princess Pie. Whether you want to start a pet grooming, pet sitting, pet walking, or even a pet photography business, there are plenty of profitable from-home businesses you can manage in the pet care industry. Naturally, a love of animals is mandatory!
It’s easier than ever to find a trend and turn it into a full-on entrepreneurial venture. Channel your passions and skills to leverage a professional opportunity in the new year. Here are 12 great business ideas for 2018.
With the emergence of “sharing economy” people are choosing to rent instead of purchasing items. While renting out a room on Airbnb or your vehicle and time on Uber/Lyft get most of the attention, you can rent pretty much anything you own like a garage, parking space, and even household items like furniture or yard equipment. Even if you don’t own these items, they’re fairly inexpensive to purchase.And, if you really want to step-up your rental gam, consider renting out party equipment like tents, photo booths, or bounce houses.
As a PR agency you work with businesses to promote their latest products and represent them as a business. With many niche businesses these days, you could start a PR agency focusing specifically on a specific business niche. Operating in only one niche would allow you to specialise in that niche and know exactly what the market wants.
While anyone can check an aggregator site for the best price to fly to Saint Louis, planning a more elaborate trip might be too much for some travelers. This is where a travel planner comes in, using his skills to find the best trip—including flight, accommodation, rental car, and tours—for the budget.
If you love kids—really, really love kids—starting a home-based day-care center could be a viable option. Just make sure you do your homework regarding zoning laws, background checks and other regulations.
If you are thinking of becoming a property tycoon but can’t swing the down payment on your first property, this is a good business to start in. It’s good steady income and you get to learn the ins and outs of owning property. You also may come across multi-family properties that are for sale before they get advertised.
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Of course, photography can take many forms, from photojournalism to portrait photography to general-interest stock photography. You’ll most likely go for either setting up a studio in your home or taking pictures for use as stock photos, as true photojournalism requires years of experience and almost never involves actually working from home. Keep in mind that stock-photo sites work on a revenue-sharing model, so simply selling pictures to one is unusual.
These days most of your local community is often online, meaning you can all connect without leaving your house. However there is often not a lot of community websites. You could start off a community website and share local new and information with other members of the community. You could make a profit from selling advertising space to local businesses or offering a premium section.
Many businesses seek out freelance graphic designers for logos, custom letterheads, infographics, and web design work. With digital visual assets becoming ever more valuable online, graphic designers have plenty of opportunities to make money remotely from home.
While I think this post is a good source for IDEAS, I think a lot of them are lucrative because you either haven’t been professionally trained in the field or you’re accepting risks that most businesses insure against and account for in overhead. To pick out a few to explain:
Investment: It’s a lower-cost alternative to starting a brick-and-mortar restaurant, as there’s less overhead, but you can still expect to shell out a decent amount of money to purchase a truck and cooking equipment.
Most people, even those many won’t admit it, love moving their bodies. It’s also a great workout. If at some point in your life, you had to hang your dancing shoes for a more sensible office job, there’s nothing stopping you from earning money with this side business idea as a passion project around your day job. Part-time dance instructors get a fraction of the pie that their full-time peers enjoy, but it can add up to hundreds each week if you’re consistent—making for a great side business idea to those with the skills and drive.
There’s a lot of money out there in grants, but writing grant proposals can take a lot of time, especially if you are not experienced at it. Like so many other fields, specialization will help get business, and it will allow you to charge much higher fees. And, as you build a track record of successfully securing grants, you will also be able to charge more.
Corrisa, thank you for adding your thoughts on Annie’s list. I wholeheartedly agree with your points to consider and would encourage anyone looking to join a network marketing-based business to do their due diligence before signing up. As I have found in my past ventures into home based businesses, the KEY to success is to treat your business as exactly that and not a hobby or trending fad.
Professional/occupation licenses. In addition to the licensing requirements imposed on businesses, states require certain professions, such as attorneys, architects, hair stylists and tattoo artists, to have state-issued licenses or certificates. Every state has its own list of licensed occupations, so it is essential to know your state’s laws.
A catering service may be a large business serving meals to armies of people at special events. Or it may be a single person business serving dinner to just a few people. Specialization can help build your business. For example, here in New England some caterers specialize in clambakes.
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.
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
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
Some Twitter users are able to leverage their huge following into a paid gig for advertisers. Prolific bloggers have been known to get paid for commenting on other blogs. If you are a social media expert, you can use that expertise to earn money. People want to reach your audience and are willing to pay you for it.
Being a wedding specialist works well for top-notch players, but being a generalist also has its benefits. Event and party planners leverage their network of service providers to cover not only weddings, but also seminars, corporate events, birthdays, baptisms, concerts, conferences, holiday parties, and other events, making it a relatively diverse business idea. Here are some tips if you want to run a part-time event planning business at home as a side business idea. And here’s a very honest look into the upside and downside of the trade.
Do you have a piece of furniture that you love, but it’s looking a little ragged? Instead of purchasing a replacement you could have it upholstered. And, it’s pretty solid business idea as well. You can also repair and upsell used furniture for those who prefer quality pieces of furniture at a decent price.
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.
Mild spoiler alert: Viewers of the TV drama Orange Is the New Black might remember that the show’s main character made amends with one of her fellow prison inmates by making her a soothing lotion. Hopefully you won’t find yourself in prison, but if you find yourself wanting to start a home-based business, consider hand-making soaps and lotions yourself.
With the wide array of digital marketing options to consider, not to mention traditional options, local businesses increasingly need outside help to develop and execute the best marketing strategy. To get going in this field you will need to be familiar with the most popular online and offline marketing venues, and be comfortable selling your services to local business people.
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.
A personal concierge handles everything from managing schedules to running errands like taking clients to the airport or their dog to the vet. In a nutshell, it’s being someone’s personal assistant. But, depending on the market, it can make you some serious bank.
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.