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Build up a following on your Instagram account and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share on Instagram—creating multiple potential side business ideas that’ll come to you. If you have the right marketing skills and hundreds of thousands of followers, you can easily charge anywhere between $500 to $5,000 per post (or more)—which makes for a very profitable side business idea. Check out this fashion Instagrammer on ThePennyHoarder, making a significant income from brand sponsorships. Once you get some traction, to cut down on the amount of time you spend uploading images, you can make your entire workflow more efficient by posting photos from your Mac or PC.
Meal preparation services are booming and the Internet is facilitating this, making it easier to attract and service customers. The market includes the elderly as well as busy working people, who don’t always want to take the time to cook. Typically, these services offer just a few meal choices each day, but they vary the selection constantly. Especially if you can build up regular subscribers to your service, you can determine in advance exactly what your food needs will be, minimizing both food and labor waste.
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.
Being a virtual assistant not only gives you the flexibility of working from home, but often you get to set your own hours. Virtual assistant work is frequently part time, so it could be a way to get some income coming in while you develop a plan for another business.
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.
Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business.
“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.”
Lunch Delivery Service: Ideal if you live near offices. Do your research before starting. See if you have competitors and what they are offering at what price. Survey office workers – what type of sandwiches would they like to have? What are they currently paying and willing to pay you? Use pamphlets with a list of sandwiches and prices, and when you will deliver. Deliver on time!
Are you persistent? Detail oriented? Marketing Assistants help with tasks such as writing press releases, creating newsletters, blogs, podcasts, offering copywriting services, marketing research, or integrating social networking into a marketing strategy – the services that you can provide are endless, and all depend on your specific niche and background experience.
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.
Whether for therapy, relaxation or rehabilitation, massage therapists provide services for many reasons. Many clients use massage therapy on a regular basis, while others for special occasions or medical treatment.
It’s no longer taboo for people to ditch the daily 9-to-5 grind and start their own business. In fact, it’s beyond easy starting a business for almost nothing these days. But, what businesses are guaranteed to make a million dollars?
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.
Since landlords don’t have the time to constantly check in on their properties or maintain them, like mowing and cleaning the properties. A property management company will take care of these tasks for landlords who already have their hands full or who don’t live near the property.
Opening mobile garage by keeping mobile manpower/repairers is among good business ideas because usually car breakdown takes place in the area where garage service is not available. You just need good mechanics and motorcycle to start this business.
You do know a foreign language inside and out? Translate documents, correspondence, meetings and phone calls for companies who deal with multi-lingual populations. This article has everything you need to know and companies that hire for these work-at-home positions.
Drones are gaining a lot of popularity, both with businesses and individuals. That means there are lots of people who are looking to learn how to use them. So you can offer them lessons right from your home.
Forex: High leverage investment in either currency pairs or stocks, based on Contract for Differences (meaning you don’t physically purchase any currency, stock or commodity, but earn or loss according to its movement). It’s a very quick way of investing and very retailed oriented with attractive interfaces, trading bonuses, and some companies are really flushed out and dealing with thousands of clients. XM is one of these companies and we invite you to view this XM.com’s review and sign up to a demo account.
Home health care services typically provide seniors with a wide range of assistance, including help with managing illnesses or injuries, administering medicine and treatment, and helping with basic daily tasks. A background in medicine, physical therapy, nursing or social work is a major plus, and it helps to have a high number of seniors living in your area.
It turns out, he thought the process of starting a business was really complicated. “I don’t want to go through all that stuff,” he said, “unless I’m absolutely sure my idea is perfect.” Like a lot of would-be entrepreneurs, he was stalling because he was intimidated by the apparent complexity of the administrative and legal tasks involved in starting a business.
Before the bank grants a mortgage, they will require a real estate appraisal. So, this is a great, steady income business with the only overhead being your scooter to get you to your homes to be appraised.
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.
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.
If you have a talent for helping people look their best, and know how to mesmerize with eyeliners and turn heads with lipsticks, consider using your beauty skills to pursue this easily profitable side business idea. For under $2000, you can start your own make-up artist business which can make for the foundation of a potentially lucrative side business idea that turns a profit largely by referrals and word-of-mouth from your happy customers.
Fiverr is a great place for first-time freelancers who might not have tons of experience and want to build up a portfolio of their work. You’ll be able to complete simple tasks ranging from logo design, to creating animations, or even drawing a company logo on your forehead. While this side business idea likely won’t be growing into a million dollar startup for you, it can still be a platform for funding your next big business idea. Want to learn more about Fiverr’s history and how to get the most out of selling on the platform? Listen to my interview with Fiverr CEO Micha Kaufman.
If you don’t mind parading yourself around in public places as a side business idea, and enjoy a little attention, then working as a human billboard can pay a surprising amount of dividends. Renting out your beard, for example can earn you as much as $5 a day while having a brand logo tattooed on your shaven head for five years could pay as much as $7,000—though this type of earning opportunity is admittedly rare. This business idea is definitely not for the faint of heart, and is a little extreme for me, but nonetheless it’s been done as a side hustle for many people. You can start by holding a placard or wearing a sandwich board. If you think this is a good side business idea, you can go all the way and turn it into a full on small business idea with enough hard work—plus you won’t have to deal with all the issues other more complex businesses have to constantly think about (like reducing churn).
Electronics Repair: If you have the expertise you can start your own repair business. Either limit it to small electronics only or offer general electronic repairs. To limit costs, ask clients to bring their small electronics to you. Make sure to have a plan for getting spare parts quickly to reduce your stock holding costs.
Do you want to sell foreign product in Nigeria? If yes, then franchising is for you. A Franchise is an agreement or license between two parties, which gives a person or group of persons (The franchisee) the rights to market a product or service using the trademark of another business (the franchisor). Both franchisor and the franchisee have a strong vested interest in the success of the brand and keeping the customer happy.
Especially if you are not sure of what type of business you want to start, I would recommend starting a service business. Service businesses tend to be local, and competition from national firms tends to be less severe than for product or Internet firms. For example, national firms usually don’t have a significant cost advantage. And the personal touch of a local owner can be a significant advantage in a local service business.
The region in which a small business is located also affects the average income of its owners. A report issued by PayScale indicated that entrepreneurs employed on the coasts earn more than their counterparts in the South and Midwest. Entrepreneurs in New York, for example, earned a median yearly salary upwards of $125,185, while those in Georgia top out at $75,500.
When I set out to start in on a new business idea, I always make sure it aligns with both my core competencies and my interests. It starts with learning how to discover your strengths as an entrepreneur, and it’s how I make sure I’ll be engaged, even when the going gets rough. I learned this the hard way when I decided to start a freelance business a few years ago to offer my freelance content marketing services.
It’s one of the first ideas people have when they think of starting a business: making and selling crafts. That means there’s lots of competition. The good news, though, is that people just love crafts. But be careful. Don’t just sell anything and everything. Define a product line and choose a distribution channel (online, craft fairs, etc.), and stick with your plan. And, of course, be creative.
In the past, jobs provided most everyone with a dependable paycheck and long-range security – but not anymore. An alternative is to go into business, yet most people don’t have the confidence to start a full-time business. This session will review the do’s and don’ts of operating a home-based business, how to pick the right business, and the common pitfalls. You will realize that these options still require specific skills just like any other business.
Do you love to shop? Offer your shopping services to others by looking for the best deals and then purchasing items either online or in store. This will save your client a ton of time; you can even offer to gift wrap presents for an additional charge. Sites like StitchFix, Dia & Co, and thredUP offer home-based shopping gigs — head over to their career pages to find out more.
Let me distinguish between the two. A wholesaler typically sells the goods of many different manufacturers and competes head-to-head with other wholesalers often offering highly similar, if not exactly the same, products, driving gross profit margins to razor-thin levels.