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If you have some special and extensive knowledge about a particular hobby, activity or skill, then put it to use and write about it. Maybe you know several different ways to tie knots. Maybe you are really good at making homemade Christmas decorations.
You’ll need a Website, a strong brand, a service niche of some sort and a willingness to network, but opportunities to become a virtual assistant do exist for those who are organized and willing to help organize others.
Rainwater harvesting means storing rainwater for future usage, In some metro city, it is mandatory to store rainwater. People often look for help to understand about rainwater harvesting. You can start your own rainwater harvesting consultancy business.
Don’t be tempted to start a retail store just because you find a cute, affordable space to rent. Location means everything in retail, and a good location usually costs a lot of money. I would spend several days sitting in front of a potential retail location with a counting device, counting cars and pedestrians walking by, before I’d even think about signing a retail lease. Then if you do get a great location, take full advantage of it with great signage and an enticing storefront.
Motivational speakers can earn a lot of money for even a short presentation. But you need to be awesome! And you need to market yourself. I’ve hired motivational speakers for large group business retreats, and I can tell you that once you start giving stand-out presentations that word of mouth travels quickly!
Party Rentals: You will need some initial capital to invest in equipment, and a trailer or truck. You will also need to be prepared to work weekends. Do your own deliveries to cut costs. You can provide a range of items from inflatables, interactive games, jousts, giant slides, obstacle courses, video games, casino equipment to fun foods. Insurance can be expensive, so check insurance rates first.
I invested in a friend’s prefab home construction once and lost all of my investment when a huge downturn hit the real estate market. Nonetheless this is a powerful business concept. By doing much of the house construction process in a fully equipped, controllable environment, the building process can be much more efficient. Furthermore, by using prebuilt modules, a builder can still construct a gorgeous customized house. You can get involved in this business by building the prefab homes or modules yourself, or as a housing contractor using prefab modules.
Pet Photography: If you love pets and enjoy photography, why not combine the two and offer pet owners unique memories of their beloved pets. Use a digital camera and offer discounts things like referrals or more than one pet.
If you don’t have a lot of experience, I think you still can succeed at consulting. But, until you develop deep expertise, I think you should focus on lower-priced packaged options, that is, for a certain fixed price you will offer a certain package of consulting.
Many parents seek out tutors to help students with schoolwork in areas they are struggling with. Consider hiring yourself out as a math, literature, or science tutor (or whatever else the kids are learning these days). Experience with kids and with schools is a major plus here.
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.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time personal trainer as a side business idea can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out these tips to a successful personal training business by the American Fitness Professionals and this interview with several fitness blog owners who are making a living online, from MonetizePros. Finally, I’d recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
Check into legal barriers for your business. Some areas have certain rules and regulations for home based businesses, and you need to check into those at your town’s city hall before investing much time or money in your business. Some areas just make home based business owners carry a business license and nothing else. Not knowing about these regulations can be devastating to your business.
Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that’s what I love most.
Years ago, my grandmother freelanced articles for national magazines typically about life on “Olde Cape Cod.” Today there are still some freelance writing opportunities at traditional publications, but the big opportunity is online in content marketing. Business and consumer-oriented websites alike are rushing to post more and more content related to their business space, to try to attract traffic from search engines and to position themselves in the minds of potential customers. Some businesses will require that you have expertise in their industry to write for them, but others will consider buying articles from you, as long as they are well researched and well written.
Do you have a flexible schedule? Agree to keep on eye on individual’s homes and pets while they are away. Services can include feeding pets, gathering the mail and newspaper, making the house look occupied, watering plants, maintaining the yard and pool, paying bills and light housekeeping. You can also find housesitting gigs on HouseSitter.com.
Vending Machine Operator: You could do the traditional soda and chips or the more niche health-oriented vending machine franchise. You can start small and build your operation as you generate cashflow.
Delectable Desserts: If you love making desserts and you have a knack for making amazing desserts, why not start your own dessert business? Research what regulations govern having a food business at home.
Like Karen, I would like for someone to help me with the “how to” part. I have a couple of business ideas, but when you start researching on the internet you are barraged with plenty of sites that lead you no where, and don’t answer specific questions. @ Karlene: How could I get your information?
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.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
Mobile Bartender: You will need some start-up capital to invest in purchasing your mobile bar (or you could build one) and stock. Research what licenses or certification you may need. Choose a catchy fun name for your business that is easy to remember. Advertise your services to local event planners and use social media.
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.
This is a great business and I can’t tell you how many times I have used pest control services for my residences as well as commercial locations. The rates vary hugely from one locale to the next, so carefully survey nearby markets to determine which market may be the best opportunity for you.
In regards to the comment above about not listing any network marketing companies in this article, it’s no secret that one of the fastest ways to get into business is to either join a turn-key business in the network marketing industry (I personally only recommend certain kinds) or be an affiliate for a product/service that’s already been created.
Yoga is getting ever more popular, which means yoga instructors are more in demand than ever—making this another physically rewarding side business idea. Link up with a local yoga studio to teach nightly classes or offer personalized yoga in-home at a higher rate to pursue this kind of emotional and physical balance with others, during your free time while helping your bank balance, too.
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.
I can’t believe how busy the driving range near me is. They must have 50 driving stations. And they don’t even have a real golf course, although they do have kind of a long pitch and put course. You might think you don’t have enough money to finance a driving range. But you can lease the land and drop a store-built little shed on the property to get started.
Do you have great customer services skills? Do you like to talk on the phone? Companies are always looking for home-based customer service agents and representatives. Cash in on this home-based opportunity – who knows it could lead to a long-term position.
The single most important factor in your success is your people — your partner, your advisors, your staff, your peers. All of these individuals will help you do the work to take your business to the next level. That means you don’t have to do it alone, but you do have to find the right people, and empower them, so you can harness the power and potential of their talent, skill and drive.
I think providing eBay selling and shipping services is a great, high-demand service business. This is a very different business than what I would call eBay trading where you buy and sell products on eBay. A trading business can have high potential but it also has higher risks and may take longer to make money at.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork, which makes this a high-demand side business idea.
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.
One of the biggest mistakes young business make is over-committing. They end up saying yes to almost everything and lacking a clear focus. But if you try to be all things to all people, chances are you will fail. Start with making a one-page strategic plan that forces you to focus on creating and doing one thing for one target audience. Verne Harnish’s one-pager provides an ideal framework to help structure this thought process. With a singular focus, you can harness all of your energy and effort and direct it towards a specific outcome.