This is a nice little niche business with a strong personal service element and a market that’s not just looking for the cheapest product. Netting for railings, cabinet door catches, safety coverings for electric outlets, door locks…there are lots of safety elements that need to be changed to make houses safe for babies and toddlers. Do your research carefully and make sure you are not missing any safety elements.
collectable items and antiques are often in demand from the right buyers and can have a lot of value. If you know a lot about specific collectables then you could look for bargains and then sell them off for a profit. There are plenty of sites for collectible items so you should have no problem in finding buyers.
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.
Though this is basically the same as above, it does deserve its own description. Finding someone to regularly watch children during off-hours, like second shift, weekends, or very early mornings, can be extremely difficult for parents. Offering care during off-peak hours means that you can command a higher fee.
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.
Contrary to popular wisdom, real estate prices don’t always go up and catching the trends can tremendously amplify your success in this market. One of my business school classmates caught the trend just right in the Houston commercial real estate market, and then did the same in Boston. Another business school classmate took advantage of the huge 2008 real estate sell-off by scooping up thousands of homes in particularly hard-hit areas like Las Vegas with his hedge fund. The safest way to buy real estate is to make sure that your cash flows from current rents will justify the minimum return you need, then you can look at any appreciation as pure gravy!
With the rise of online craft marketplaces like Etsy, people with decent artisanal skills like sewing and woodworking have an always-open market to sell their products as a side business idea. If you’ve always wanted to design and make clothes by hand, then you can start turning those fashion ideas into real, hand-sewn garments and earn a little bit with this side business idea while you sleep and customers from around the world browse your Etsy & Amazon stores.
You can build any number of different photography based businesses from your home. You can be a portrait photographer, wedding photographer, nature photographer, or basically any niche that interests you.
Over the last decade, high-speed internet, a proliferation of devices and applications, and changing attitudes about the nature of work have made working at home a reality for millions of people around the world. One study, in fact, concluded that nearly half of all American employees work at home. And the trend isn’t limited to the United States; 79 percent of knowledge workers globally now do at least some work outside the office.
When my book publishing business grew to the point when we needed forklifts, I was shocked by how expensive they were. So, we went to a used industrial equipment dealer and bought all of our forklifts there. Selling industrial equipment allows for specialization and it also allows for you to build up long-term relationships with customers. Furthermore, you can have add-on sales such as maintenance, supplies and repairs.
In particular, they need to tweet on Twitter and post on Facebook in order to raise awareness of their companies and promote their products. You may already know how to use these and many other social media platforms.
Maybe it is just me, but I feel like I have had way too many experiences with mechanics not be truthful with me that I would gladly pay more and give all my business to an honest one. If you know your way around a car and have a few tools, this could be a great business idea for you.
Blogging can potentially be a profitable home-based business, but you need to pick a niche that’s not already saturated with competitors. After you’ve figured out how to generate enough Web traffic to your blog — either through SEO, content marketing, or other means — the next hurdle is to find just the right products, services, and/or ads that your readership will respond to. In my experience, it’s often a matter of trial and error before you find the winning combination of strategies.
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.
As I’ve already covered with TeeSpring, the T-shirt retailing business is worth millions of dollars. But what if you want to do the manufacturing side of things? T-shirt printing turns out to be quite a rewarding business idea for many each year, but can quickly consume much of your side business idea time—so know what you’re getting into before diving in. This multi-billion dollar industry counts big corporate factories as well as home-based part-time entrepreneurs.
thredUP is a way you can sell your old clothing, shoes, and handbags online. Simply sign up for or a clean out pack online. Once you receive your clean-up-pack, fill it full of clothing, and send it back to thredUp with the pre-paid label and packing slip. Upon receiving your package, thredUp will appraise your clothing and issue a credit which can be withdrawn via PayPal or store credit. Any unsold clothing will be donated with a donation receipt will be issued.
Again, think of the low-cost entry point to keep your startup costs under $100. You can clean houses with all of the supplies and equipment you already use for cleaning your own home and then invest profits into specialized equipment for other clients.
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Note that many of these ideas could have been listed in more than the single category I placed them in. But I thought it would easier and more interesting for you, if I only listed each business once.
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.
There’s a counter on Main St. in Cambridge, Mass., that keeps track of the number of bicycles that have passed in a day. By 8:30am, the tally is usually at more than 200. Some of those bikes are going to have mechanical problems or get bent up somehow. Somebody will need to repair them.
There is a growing trend for personalised clothing with some companies now charging a premium for personalised trainers. You could start a business creating uniquely personalised items of clothing. As all the products would be unique there would be a lot of potential added value.
There’s never a guarantee of making it big on YouTube. But you can create and post a variety of video content to the platform right from the comfort of your own home, and maybe even make enough from ads to run it as a business.
If you’re organized and are a planner, then why not take care of the arrangements for events like birthdays, retirements, or weddings? It’s always in-demand and can be profitable.If events aren’t your cup of tea, you could become a project planner for a business that doesn’t have an in-house project manager in order to keep their teams focused and on-track.
You can succeed with a specialty food store but it is tricky. You must be ruthless in your research, in both what the market can support, and which competitors currently have overlapping offerings. I would also look at what specialty food stores have succeeded in nearby markets.
Marketing a business can also include building a brand, setting up a professional website, driving traffic to your site with search engine optimization, and using a promotional strategy, among other tactics.
Health and Safety Permits – Similar to professional and trade organizations that require licenses, you may also need health or safety permits in order to legally operate your business. Checking with your state’s environmental protection agency is a good place to start.
Many people have the impression that in order to launch a business you need to raise millions of dollars. I disagree. What worked for us was making the right decisions early on, and also having tight constraints. When you have constraints you are forced to make highly calculated decisions.
Decluttr is an online platform where you can sell CDs, DVDs, and video games. Just enter the item’s barcode on the site to get a quote. Decide which items you’d like to sell (must be between 10 – 500) and send them in using a pre-paid shipping label. Once items are received, Music Magpie will send you a check.
If you’re the sort who takes apart the computer for fun, operating an electronics repair shop out of your home is a natural decision. In particular, repairing iPads and other tablets would provide you with a great deal of business, as many tablet users are looking for a less expensive way to fix smashed screens and other damages that can be costly through the manufacturer. Median salary: $49,170.
If you’re running a small business out of your home, you may need tax registrations, business and occupational licenses, and permits from state and local governments in order to operate legally. Check to see that your homeowner’s association is OK with the idea. It might have restrictions.
While licensing requirements for massage therapy can vary from state to state, the National Certification Board for Therapeutic Massage and Bodywork can help any budding masseuse fulfill their local requirements. Massage therapists can either work out of their own home or make house calls with a portable massage table. Median salary: $34,900.
It used to be that if you had a product to sell, you also had to have a storefront and all the costs associated with it. These days, you can sell anything to anyone anywhere in the world. Whether you’re marketing the organic honey from your backyard apiary, or selling personalized linens that you embroider yourself, you can find a market for your products online.
Yes, graphic design is hyper competitive. But everyone wants a little different style. So, if you get a highly appealing design in front of your prospective audience you can be successful. For this business, I would go crazy having a fabulous looking website with a totally “kickass” front page! Then I would use SEO techniques, social media, and every other marketing tool I could think of to drive traffic to it.
There’s a huge growing market for mobile phone accessories, and plenty of handmade sellers are raking in 6 and sometimes 7 figures from their phone case businesses. You can get your own phone case business up and running as a side business idea in a matter of days with turnkey solutions from Case Escape, my previous company, and you can now get ready-to-go kits that’ll give you everything you need to start a phone case business. Once you’re up and running, you can sell cases on Etsy, Amazon Handmade, and Fancy. During our first year of selling phone cases as a side business idea on our Etsy store, we made around $60,000 in revenue from that selling channel alone—not to mention additional sales from fairs, trade shows, promotional products vendors, parties, events and other online marketplaces. From there, the sales only continued growing and we graduated from side business idea to full-time company that I ran with my best friend for multiple years.
If you have extensive experience in a highly valued field, consider starting your own consulting business. Outside businesses often look to consultants to help and guide them, rather than hire someone in-house. Popular consultants include those for cybersecurity, finance, accounting, and graphic design.