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.
I’ve been getting so much feedback with great business ideas from my community and in the comments, so I frequently add to this post. If you have side hustle ideas you’d like to share (or personal experience with a side hustle of your own), please add to them in the comments below!
Used-car salesmen unfortunately have some nasty stereotypes to live down, but you don’t need a tacky blazer or a fast-talking sales pitch to make money buying and reselling cars. People throw away perfectly good (or certainly good enough) cars all the time for all sorts of trivial issues. If you know a little something about servicing a car and can make one shine for a Craigslist ad, you could take advantage of massive opportunities to buy used cars and resell them for major profit.
Gardening is big and growing. And it is a business that is less likely to move totally online than many other businesses. You could start out with a supply center, expanding over time to add some plants to sell, and then, eventually vertically integrate with your own plant nursery. You could also expand into providing onsite services.
Potential challenges: You are responsible for the safety of children, and you should plan for accidents to happen — that’s why insurance is crucial. This can also be a stressful business to operate, so the ability to handle or cope with stress is vital.
Go on a shopping spree and get paid for it! Now that could be fun! But this work will also take some patience, such as getting to know your customers’ preferences and returning merchandise that your customer didn’t like as much as you did. However, if your clients like your work, they could retain you forever…and talk up your services with their friends!
Wherever it is, make sure that it becomes synonymous with work. It’s important that you and anyone who lives with you treat your workspace as sacred. By establishing a specific room or spot where you will work, you will develop a routine and start conditioning your mind and body to associate that workspace with being productive.
I couldn’t believe it when I first heard how expensive window treatments were! But now I understand, they add a lot to the appearance of a house, and to the utility of particular room. There are lots of reasons why this is a great business. It is a combination of sales and service, especially if you are doing the installation. And people like to see the textures and colors you have to offer in person. You can start this business on a mobile basis with low overhead, calling on customers at their homes and eventually open up your own storefront.
With many websites getting the majority of their traffic from search engine results, it is no wonder that the demand is huge for SEO specialists. Sure, the days of playing “black hat” tricks on search engines are long gone, but there are many legitimate levers you can pull to help bring web pages to the first page of search engine results.
With this business, you could focus on providing PC training to employees at smaller to mid-sized companies that are too small to have their own IT departments. Or you could offer classes to individuals.
do you know how to contact those who are in need of an eBay trading assistant? I have been unemployed for the past 4 years and recently my father passed away. SOMETHING HAS TO GIVE QUICK!!! I am 42 years old and have one child in college and another at home. I cannot believe I am in this place financially, as I have worked my entire life until I lost my lat job. I cannot find one. Love your post and advice. Thanks.
My friend’s wife earned an advanced degree in nutrition, put out her shingle, and tried some marketing, but her business progressed very slowly. Then she teamed up with a local gym and her business took off.
Investment: Depending on where you live and the services offered, you may need to obtain a business license or be registered with your state. The startup costs could run high if you need to purchase tools and a work truck.
Even in the Internet age a lot of people enjoy going to flea markets. To succeed in this business, you first need to be able to sell space to vendors. Then right from the first event you need to bring in enough visitors, so that your vendors are happy, and will come back again and again.
Before you get excited about starting your home based business idea, you first have to make sure you have the right tools in place. The main tool is a speedy Internet connection. Most home based businesses will require some sort of Internet connection. With a good Internet connection, you can also take care of a phone and fax. Isn’t technology great?
All you need is one dog to walk and you’ve broken into this business. And at the same time, I have seen people build this into a big business, including to the point where they have to hire additional dog walkers. Dogs need to be walked regularly—just ask them! Woof! Woof! Yes! So, you’re guaranteed a steady income and a good business model!
You can learn some helpful tips from YouTube videos on house painting, free Home Depot workshops, and some practice painting around your own home. Matt Shoup tells U.S. News & World Report he started with $100 and went door-to-door, eventually building a painting business with annual revenues of $2.5 million.
Investment: You can keep your startup costs lower by operating from your home and starting with part-time hours. Costs may include educational supplies such as toys and books, furniture such as cribs and mats, outdoor playground equipment, cleaning supplies and insurance.
Set goals. Not goals about what you “like” but about money. cold hard cash. the exact amount of money you want to earn. too many people are focused on the myth that they work at what they love. Love to earn money. Don’t love money, but seek to love to earn it and you will see that you will earn it.
Public notaries primarily serve as validators of, and impartial witnesses in public legal documents, especially those related to affidavits, oaths, deeds, estates, special-powers-of-attorney, and business agreements. Depending on the state, a full-time notary public earns an average annual salary of $36,000, which makes it a great business idea to do as a side hustle as you bring in money through other ways. If you want to get started with this business idea, here are the requirements and steps you need to consider in the US.
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.
How can you expect to grow your business if you’re busy scheduling calls or checking email all day? That, or, buried in the books, subtracting and adding cells into a spreadsheet for half the week? Running your business shouldn’t be like running in a hamster wheel.
I launched my first AdSense supported website a little over three years ago. Today it brings in as much as my full-time job. It didn’t happen overnight, and it didn’t happen without a lot of hard work (about four hours a day for three years), but it did happen.
Families are looking for expert photographers to preserve memories and milestones in their lives, whether it’s their baby’s first Christmas or Aunt Dorothy’s 80th birthday. Photographers can take clients in the comfort of their own home, provided they have the space and the studio equipment available.
Kerry Hannon, AARP jobs expert, is the author of What’s Next? Finding Your Passion and Your Dream Job in Your Forties, Fifties, and Beyond and Great Jobs for Everyone 50+: Finding Work That Keeps You Happy and Healthy … and Pays the Bills. Follow her on Twitter @kerryhannon.
Do you already have knowledge or experience in a specific area? Whether if it’s showing a business how to go green, how to use new technology, or providing legal advice then you can easily start your own consulting agency. Since you already posses the knowledge and experience the main costs involved are going to be marketing business and networking, specifically purchasing a website and business cards.Interested? Check out this consulting guide I put together to help get you consulting business up-and-running.
Everyone puts off cleaning up their messy garage! They need your help! And lots of people, especially guys would jump at the chance to have a beautifully finished garage to proudly house their favorite automobile!
Believe it or not, it is possible to actually reach a woman named Peggy (and not a man with a Russian accent) when you call customer service. That’s because of the homeshore movement, which is trying to hire more independent contractors to work from home on customer service issues. If you’ve got a phone line and an internet connection, you can work from home as a call center rep. Median salary: $30,460.
If you can find pet owners who are willing to bring their dogs and cats to you, this is truly a home-based business. Otherwise, you’ll need to be willing to live at other houses (or at least visit 3-4 times a day) while you’re working.
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. Just take a look at what Jacob Huss of Soteria Designs is doing wit his hobby of hand-building furniture and wood jewelry. With more and more people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. Not only is the real estate sector regaining its footing, the number of style-conscious customers is also on the rise, creating plenty of room for growth into this business idea.
Because I am just a little bit techie, I get asked to video record weddings all the time. If video or photography are up your alley, starting a wedding photography business could be a great idea for you. If doing weddings aren’t your thing, there are other ways you can make money as a photographer as well.
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.
Unique presents create a great gift and are in growing demand. You could create custom hand-made gift baskets for customers and provide individual gift baskets for every customer. Once again convenience is what customers are willing to pay for.
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
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.
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.
Coordinate a group of trusted mentors to counsel you on key issues in growing your business. While an advisory board may not seem like a critical component of business success, it can actually become one of your most important assets in business development — providing the strategic advice and complementary skills to take your company to the next level.
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.
Software: If you haven’t already, invest in the latest version of Microsoft Office. This is the most common business software on the market today, so chances are you’ll have no trouble reading or editing files and documents clients send to you and vice versa.
Since people are becoming more conscientious about their looks they realize that there’s no such thing as one-size-fits all – particularly businessmen and women. That’s why the custom clothing industry is an intriguing idea. It’s in-demand, but currently untapped. This means that there’s some serious potential for future growth.
As a personal chef, you would spend your time whipping up delicious meals for those who don’t have time to cook but do have money to burn. The best way to make a name for yourself as a personal chef is to offer meals that fit stringent dietary or allergy requirements.
What sort of restrictions could there be? Where do I start looking? The property may be affected by restrictive covenants that prohibit certain uses, and there could be an outright prohibition on business use. Your neighbours are likely to be the ones with the right to enforce these covenants against you and they might be able to get a court order to stop you running your business from the property. The title to the property (held by the Land Registry) should have details of any restrictions and you should check what you were provided with by your solicitor when you bought the property. Even if there aren’t any restrictions on the title, there is a risk that your use could disturb neighbours and cause a nuisance, for example, by noise caused or increased visitors to the property. From a legal perspective, something has to be more than irritating before it is a nuisance and must actually cause damage or interfere with someone’s enjoyment of their property. If the nuisance was severe enough, your neighbours could take you to court.
It takes a very thick skin to go into this business, but debt collectors only need a telephone and a computer to work, making it a great work-at-home business. It’s also a recession-proof (or even recession-loving) business. Licensing requirements vary from state to state, so make sure you do your homework before setting up shop. Median salary: $31,300.
This last year has been a big increase in the popularity of photo sharing applications such as Snapchat and Instagram. With the popularity of the selfie, these applications are going to be popular for a while longer. However there is still plenty of room for a new unique photo sharing application. If you have a unique idea for a photo sharing app then it could go big.
You can rent it out as little or as much as you want and can list it to rent by the night, week, or month. They offer a $1,000,000 guarantee to protect you from any kind of property damage that was caused by renters.
Generally speaking, if the square footage of your home office equals 10 percent of your home’s total, you can claim 10 percent of its expenses. The IRS also has a “simplified option” rule, which allows you to deduct $5 per square foot of your home office on your return, with a maximum write-off of $1,500 (based on a maximum of 300 square feet). It’s a good idea to take a picture of the space so that you have a record, in case the IRS does scrutinize your return.
With over 90% of the information on the internet being created in the last few years, big data is big business. You could start a data analytics business that processes big data to spot patterns and trends. There is a lot of potential profit in making the data valuable for businesses.
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.
The key to succeeding is deciding which market you want to serve and designing your offerings specifically for that space. Also, as is the case with graphic design and Web design, being able to do something nobody else is doing is also a huge plus.
After our MVP was ready, we began taking on new clients, testing our pricing strategy, finding our marketing channels and really digging in to every detail of the business. All initial team members–myself included–completed tasks for clients to figure out what was working well and what needed to be improved. This gave us an inside look into how we are operating and what our clients are truly experiencing.
Investment: Opening a brewery can mean high startup costs, depending on the size of your operation. The costs include brewing equipment, construction on a building to get it fit for your brewery, permits, licenses and insurance.
Did you know that English speakers are in high demand in Asia? As a result many are turning to freelance English teachers using websites like Italki.com. The site is basically a virtual online classroom for freelance teachers and students. Anyone can offer lessons (and set their own price) and anyone can take lessons.