new entrepreneurial ideas | how to get a 2 million dollar business loan

Whether it’s a close friend or family member, partner with people you can trust. Most of the time, we focus on the character and virtues of those we are legally partnered with. But vetting other people and entities that you are associated with — including your vendors and advisors — is equally critical.
In this modern age, their are millions of people are making huge amount of money from those home based business. Why! Because, they have skills, talent and the most important is, they implemented those skills and talent on consistent base until they paid.
Unlike opening a brick-and-mortar storefront, an eCommerce site is easy to build and doesn’t require the monetary investment and time commitment. And, you’re not limited to one location or business hours since you can sell to customers anywhere in the world 24/7. BigCommerce and Shopify have a ton of priceless guides to get you started.
To create a successful virtual assistant company, I knew we would need a “techie” to manage the platforms, a “connector” to connect us with the right clients, and a few trusty team members ready to get their hands dirty and take on any project thrown their way. Every team member was tasked with becoming an expert in the productivity space by testing other VA companies and learning the latest tools.
Just as there are people who don’t know how to use email, there are also those who don’t want to use it. Virtual assistants run clients’ email and voicemail accounts, aside from performing other digital duties.
I just recently started my own in home personal training business. If you have the passion for fitness and helping people and also have a good set up in your home (separate training room) then I highly suggest it! It’s fun and why not make a little extra money?
Anyone with a background in dance and access to clients with similar interests can offer dance classes from home. You can either set up the actual studio in your home or rent a space and use your home to do the administrative work.
ATTENTION PEOPLE SHRIEKING THAT THIS IS OVERLY SIMPLISTIC: Yeah, I know. It’s a model. The point is to show you that generating $1 million is not some mythical, unattainable goal that you can never get. You use models to see the possibilities, then you go deeper to make it happen.
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.
hi everyone , anybody i need help doing an online legit business i am a single mom and neeed to make a living to support my kid please help1 i am not too computer savy so will need guidance to navigate the web youtube etc, where to resourses etc. thanking you for your help in advance.
Every business needs help with their Internet marketing. And now I see even the smallest businesses hiring specialists for individual aspects of digital marketing. For example, they may hire one expert for pay-for-click search engine advertising, another for Facebook marketing and still another for SEO for their website. So, you could focus on one aspect of digital marketing, or you could be a generalist.
Mobile tech is now a must-have for almost any business, but finding ways to go mobile is a challenge for many business owners. If you can provide affordable mobile solutions to businesses that need them, you’ll find mobile consulting a rich business opportunity.
Most home based businesses do not succeed. That is just the truth of the matter. There are a few new home based businesses every year that are really successful, however. All you can do is work hard and try your best.
The market for website developers is huge and highly competitive. If you lack highly specialized coding skills, I would suggest you consider trying to break into this space by offering flat fee rates to develop new or re-launched websites for smaller businesses or organizations and limit your development work to one platform, such as WordPress.
Potential challenges: Depending on your location, you may need to get licensed. You may also face heavy competition from other local sitters and companies such as Rover, which connects dog owners to sitters and walkers. You’re also responsible for the safety and well-being of the furry ones.
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 the neat things about becoming a consultant is that you DON’T need a pile of cash to start a consulting business. For example, you can create a professional website for under $100–typically in an evening (I have a free ebook that shows you exactly how to do this, even if you’re not a techie).
In the US, the coast guard has redefined their mission to be rescuing people not rescuing boats, so this has further increased the market for tow boat operators to respond to disabled recreational boaters and bring their boat back to port. Running around on the ocean with a high-powered tow boat seems like a pretty fun way to make a living to me!
Gazelle allows you to sell your old electronics and make some easy cash. Simply find your gadget on their website, answer a few questions, and ship it off for free with their pre-paid envelopes. Payments are made via check, Amazon gift card, or PayPal. Gazelle has an A+ rating with the Better Business Bureau.
Will it affect my council tax? It may. Businesses are liable for business rates rather than council tax. If you work from home, depending on the level of use, the part of the property used for the business may be liable for business rates while the remainder of the property remains liable to council tax. You can get advice from the Valuation Office Agency.
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.
I love wine bars! There is even a successful wine bar in the small village on Cape Cod where my summer house is. How did it become successful? The owners found a location near the center of the village but at a low rent. They started with a very limited food menu but eventually expanded it to become a full-service restaurant. They also offer live music on most nights. Beware that many customers expect truly exceptional wines at a wine bar.
What could be easier? You sit in the chair and watch the dog chase its tail! OK so there’s a little more work to it than that, but still this is not the toughest job in the world–especially if you like animals! I am surprised to hear how much money people will pay for pet sitters if they believe their pets are being really well cared for.
Yes, you can turn your car into a money-maker by driving for Uber and Lyft, but there are other ways to convert mileage into money as a clever side business idea. One way is to do vehicle advertising, a potential side income source of anywhere between $100 to $600 per month. Whether you own a compact sedan or a full-sized bus, your vehicle’s exterior space is prime real estate for ads. Check Wrapify, carvertise, and similar sites for more details about getting started with this business idea and for being paired up with local advertisers.

Listen to my interview with serial entrepreneur and investor, Michele Romanow about how she built an app that earned $500,000 in 3 months (as a side business idea outside of her day job) and how she eventually sold the company to Groupon. It’s seriously incredible.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of AWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.
It doesn’t happen overnight, but licensing a foreign product for sale domestically, can be a lucrative business idea that (at times) leads to a big payoff down the road. Invest intelligently, sell a product you believe in, and you can reap the rewards for years to come.
FTC Disclosure of Material Connection: In order for us to maintain this website, some of the links in the post above may be affiliate links. Regardless, we only recommend products or services we use personally and/or believe will add value to readers. Read more here.
Know your competition. If you plan on working from home locally, look around town for other businesses offering the same services or products. You’ll have to figure out if there is enough business left for you in your area. If you plan to work online, you’re dealing with a very crowded market in most cases, so you’ll have to find a way to differentiate yourself from the competition.
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.
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 have an eye for clothes and know what styles look best on what body types. So turn your passion for fashion into a business by becoming a personal stylist/shopper. You’ll feel good about making others look great.
I am thing about starting a nonmedical senior care services. Can anyone provide some information on what services or area of service would be best for a one person type of operation. I would welcome any information…Thanks!
Share in the comments if I’m missing any of  your picks for the best side business ideas that you can start while working full-time! Bonus points if you’ve already gotten started on one of these business idea, and share the link to your website.
Cool! For now Im doing Craigslist business… I buy cheap stuffs in eBay then sell in Craigslist with profit. It works but it takes time. Im not a sales person who can talk to sell someone about the product. Im a normal quiet guy. But in Craigslist I just wrote down the description of te product Im selling then post them. No need to sales talk someone will just email you if they want to buy that product. But I only meet in public places, with busy area so its safer. I hope this one helps 🙂
“Build your business as if you were building a $100 million dollar company, not as if you were building a one person start up. Once you start gaining momentum, you’ll wish you had the systems, processes, and hiring practices of the big companies and not the piecemeal processes of a start up.”
Online Post Office: Believe it or not, your business will not be 100% digital. There’s a very good chance you will need to send paper statements, invoices, presentations or more to your clients and vendors. Instead of venturing out to the post office every day, it might be worth investing in a postal scale so that you can weigh your packages from home. Online services, like Stamps.com, allow you to also print out the exact postage you need, making a visit to the post office unnecessary. You can evenschedule pickups with the United States Postal Service at your home.
Do you have a knack for knitting, jewelry making or creating other small crafts? If you can produce a large quantity of items in a short amount of time, consider selling your goods to the public. In just minutes, you can set up an online store and start promoting your business.

7 Replies to “new entrepreneurial ideas | how to get a 2 million dollar business loan”

  1. Item #8 should be changed from interior designer to interior decorator because indeed interior designers are required to have a degree and in many states are required to be licensed. Interior designers need to know building and safety codes among other things. Selecting paint colors and toss pillows is a very small part of the job. Many commercial ID’s do very little “decorating”. See IIDA or NCIDQ for more information.
    It’s not exactly a way to make consistent great money, but housesitting—exactly what it sounds like—is a fantastically easy business idea that can fund your ability to live in exciting locales around the world (or your city) without paying a dime in rent. Did I mention it’s a way to travel and live rent free? Here’s a list of four great websites from the legendary Nomadic Matt, to start your housesitting side business idea search.
    If you have the background this is another low-cost business idea that can make you millions. After some initial advertising and marketing costs, most of your customers will come through word-of-mouth.You can also sell your training online, like starting a YouTube channel or a subscription-based business.
    Thanks to Dave Kerpen, CEO of Likeable Local and Cofounder & Chairman of Likeable Media, you don’t have to imagine. Because he has 10 proven business strategies that have brought him massive success over the last seven years. And Kerpen shared these insights with Chad Cooper in a Tony Robbins webinar.
    Sure, there are a lot of graphic designers out there, but there are far more Websites, companies and organizations in need of design work than there are designers. That’s the good news. The more difficult news is that graphic design does require a certain level of expertise and possibly some pricey software, although designers can often get by without necessarily having the most expensive applications on the market.
    Perhaps most importantly, though, would-be eBay moguls need to specialize. Just throwing junk online won’t work. Sellers need to know what they want to sell and how they’re going to market it to their audiences. Again, competition is fierce, so research, preparation and strategy are critical. (For reference, eBay itself provides an extensive guide to selling on the site.)
    Gazelle allows you to sell your old electronics and make some easy cash. Simply find your gadget on their website, answer a few questions, and ship it off for free with their pre-paid envelopes. Payments are made via check, Amazon gift card, or PayPal. Gazelle has an A+ rating with the Better Business Bureau.
    But I want you to get MORE, whatever that means to you. It doesn’t matter if you want to eat at a $225-a-person restaurant, or take your nieces and nephews to an amazing day at the zoo, or pay off your parents’ debt. You define what MORE means to you.
    Any moron can open a graphics program and push some pixels around, but that doesn’t make them a designer. The tool does not come with the knowledge. The fundamental skills that are required to do a good job take years to hone. This isn’t something you start and are good at over night. And if it takes years of work to get good at, and hours or days of work to arrive at a good product you should not be selling it for $5.

  2. Your first step is to contact your zoning office. It may be possible to comply with the restrictions with only minor tweaks to your business plan. However, if your business doesn’t fall within the zoning laws, then you may need to obtain a variance before you can open your doors. Although there are some arguments you can make if If you feel you must go the variance route, keep in mind that it might be better to tweak your business plan to fit the zoning requirements because it can be a time-consuming, expensive, and difficult process.
    Sign up for a bar-tending course at the local community college or adult education center, get a safety certificate if your state requires it, and then you’re ready to start serving. Usually the client will provide the booze and the glasses, you might bring a few mixing tools or even a service cart if you want to get fancy. Demand for this service will run strongest on the weekends, making it a great part time gig!
    Everyone wants to feel special now and then. If you can create the right setting, you could make your customers feel great and be happy to pay top dollar for a sophisticated beverage! Get everything just so–the name, the furniture, the wall coverings, servers’ attire, the lighting, and the background music. If you get all the details right, this could be a really fun and highly profitable endeavor.
    Ever tried to find child care on a Saturday afternoon? Unless you’ve got a standing relationship with a babysitter – and even then, it can be hard – there are few places you can count on for evening or weekend child care. Most states allow you to operate a home child care business and there’s little competition and a great need for off-hours care. Licensing requirements are different based on your state, but many don’t require a license as long as you keep below the minimum number of children.
    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.
    Will I need to change my buildings and contents insurance? You must consider it. Check the terms of the policy, because if you don’t, there is a risk that your building and contents insurance could be invalidated. If the policy prohibits business use then you will need to ask for consent from the insurance company. Depending on the nature of the business, you may also need to consider employers and/or public liability insurance to deal with employees or third parties, for example, covering the risk of them injuring themselves in the property.
    Although a small business owner overseas is entire operation, it is not uncommon for him to have a specific skill set. For example, the owner of a financial services recruiting firm may have started his career as a tax accountant. The possession of special skills can affect an entrepreneur’s average income. Those with accounting skills, for instance, earn an average annual salary ranging from $38,884 to $81,313, while individuals with sales management experience earning income ranging from $45,000 to $104,762.

  3. This is a great time for a concierge business or errand business startup. In many areas where there is significant development in the luxury market (residential and commercial), you will find increasing opportunity for concierge service providers. I remember my first job as a residential concierge, which helped me start a concierge business from home. The knowledge I acquired while employed by an established concierge business set the groundwork for my long-term career as a concierge business entrepreneur and author.
    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.
    There are loads of job listings for freelancers on major job boards, and you can always advertise your services (and look for work) on craigslist or LinkedIn. Once the jobs start rolling in, don’t be afraid to go to previous clients and ask for more work. Steady work is the best work for freelancers. If all else fails at first, just write. Start a blog. Build clips. Get writing!
    There are plenty of local small businesses that still do not have a website.  To overcome this you could start an e-commerce store that sells local products. You could sell to the local community but it could also appeal to a wider audience.  You could work with local business owners and negotiate commission for sales you make
    Countless small businesses start out their web presence using a WordPress hosted website (myself included) before needing to upgrade to other solutions for various reasons. Many of them will pay several hundreds of dollars for someone to get their business idea set up online. If you have the patience to learn how to do it yourself, it’s an extremely valuable skill and can be turned into a very lucrative side business idea—especially if you sign up for affiliate programs with companies like Kinsta, who offer high quality managed WordPress hosting plans that allow you to collect fees from the clients you refer their way. Plus, with the skills you pick up from this side business idea, you’ll be able to spin up other profitable website ideas like my friend Andy’s been able to do with his site, AwesomeStuffToBuy.

  4. Annie Pilon is a Senior Staff Writer for Small Business Trends, covering entrepreneur profiles, interviews, feature stories, community news and in-depth, expert-based guides. When she’s not writing she can be found on her personal blog Wattlebird, and exploring all that her home state of Michigan has to offer.
    If you’re a fast typer with an ear for dictation, than transcription might be right for you. A lot of different businesses require transcription, from medical practices to attorney’s offices, and will pay handsomely for quality work. Why not be the service to meet their needs? All you need to start is a computer, an internet connection, and the will to build a network of professionals and gain their referrals.
    Health products and supplements are all the range these days. Detox products are becoming more popular, as well as products for working out. There are new blends and health products being created all the time. You could start a business selling your own health products or even just a reseller with an e-commerce store.
    If you’ve got the attitude (and look), there should be a product or service out there on the hunt for the right model to promote their brand as a side business idea. You can sign up with a large agency, find a freelance agent, or look for your own modeling gigs as an independent talent. Since modeling is a complex field, get all the advice you need before jumping right in and find a mentor who can guide you through some of the early challenges it’ll take to establish your brand. Depending on your preference, you can specialize in a single media format such as video or still images, to build a compelling portfolio and grow this into a business idea that has the potential to scale.
    Please stop telling people they can start making logos, and certainly stop telling the people that do want to get into design to go to Fiverr. This is incredibly insulting to professional designers, and it is devaluing the profession and our work.
    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.
    I would recommend that you hyper specialize if you are starting an e-commerce business. Why? Because many e-commerce websites have very deep pockets and patient investors and are willing to sell products for razor thin margins (i.e. Amazon) or even at a loss to build market share. That being said if you can show some solid revenue in this business, and especially if you have repeat customers, you will have a business that is worth a lot of money even before it is profitable.
    Yes, spending time on YouTube can be a legitimate business idea if you take it seriously. If you can create value-driven, entertaining video content and grow your subscriber base to a few thousand subscribers, your videos can start generating pretty substantial income from all the ads being displayed on your videos. Many YouTube users make well into the millions each year, so there’s clear potential to take this from side business idea to eventual millionaire with the right combination of content, audience, skills, relationships and timing. If you’re considering starting a YouTube channel it’s important use best practices when making videos. Read the YouTube playbook for tips which will result in faster growth of your channel. Additionally think about investing in a quality camera and microphone since the production quality of videos can often affect your viewership.
    Potential challenges: It’s a challenging business to operate. Obstacles include securing financing, choosing a location that will attract customers, picking out the right equipment and ingredients to brew beer, and obtaining the proper permits and licenses.

  5. Perhaps most importantly, though, would-be eBay moguls need to specialize. Just throwing junk online won’t work. Sellers need to know what they want to sell and how they’re going to market it to their audiences. Again, competition is fierce, so research, preparation and strategy are critical. (For reference, eBay itself provides an extensive guide to selling on the site.)
    Scour local Goodwill stores and garage sales for antiques or high-demand niche items that can earn a decent price tag online. Pick a specific niche, research it, and become an expert so you know exactly what kinds of products to look for and what they’re worth online.
    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.

  6. 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.
    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.
    From personal experience as a freelance content marketer, I can vouch for the profitability in this industry. I grew my side hustle into a $160,000/yr business before quitting my day job to pursue this business idea full-time; all you need is the right skills and experience to back it up. With startups, established brands, and even notable influencers needing to build credibility and grow their brands, professionals who can serve up compelling content enjoy a huge demand for their services. And, since brands will always need high quality content to bring in new customers, your skills will always remain an asset to invest in—especially since the nature of creating a content marketing strategy is an ever-evolving one. Start by tapping into your existing network with this business idea and begin tracking down local small business owners who could benefit from your marketing tactics, do a bang up job, ask for referrals and grow from there to the point where you’re doing blogger outreach and spreading out to a wider market.
    If you love to cook on a grand scale, why not start a catering business out of your home? How much you make depends on the scale of the assignments you take, and your ability to correctly decide how much your materials will cost. But this is also an industry where you can start small and work you way up to bigger gigs—and profits.
    Wedding planning could be good fit for someone who has experience in party planning, event coordination or hospitality. Strong organizational and communication skills, the ability to work weekends and patience are necessary.
    You should have some decent equipment that makes your audience happy but that could mean different levels of investment for different audiences. Are you going to be playing for large event venues or for junior high school birthday parties? I know a fellow who started a successful mobile DJ business even before he was old enough to have a driver’s license. He would either have a friend give him and his equipment a ride to his gigs, or he would get a taxi.

  7. All the businesses are good to consider for and i found interesting with medical transcription. One of my friend doing this business these days and the fact he used to earn descent income form the specific job.
    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.
    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.
    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.

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