Wait, Almost there...
With very low overhead and a skill set that is very easy to learn, housecleaning is one of the easiest businesses to start. Depending on how much you want to grow, the income potential is pretty limitless.
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.
I met Wally Amos who made a blockbuster success out of famous Amos cookies, which he launched after a career as a Hollywood talent agent. Wally eventually lost control of his company to outside investors. However, he came back again with still another cookie line. Everyone loves a fancy cookie and it’s an easy food to both differentiate and to charge a premium for.
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.
Craft beer is a booming business: There were 5,234 craft breweries in the U.S. as of 2016, more than double the 2,420 in operation in 2012, according to the Brewers Association. Craft brewers now hold a 12.3% market share in beer, up from just 5.7% in 2011, according to the association.
Despite the vast number of blogs these days, blogging is still a profitable business (we do it!). Blogging provides the opportunity for multiple revenue streams at once and could potentially be very profitable. However the majority of bloggers fail to make any substantial money so you need to know what you are doing if you are going to blog for business.
Do you run a successful blog? Are you a direct sales guru? Then offer your special expertise to others looking for guidance in a specific area, whether it is time management, PR, stress management or career guidance; the topics are endless, and coaching is a terrific home-based career for all year round.
He used his car until he could afford a truck, and bootstrapped his way to success. Eventually, he sold that business, starting a new one, this time a specialty candy store, his new company’s website reports.
Yam flour is processed through grinding, drying, parboiling, drying and pulverization process. I visited a Company that produces Yam flour recently; I waited for 2hours before I could collect my pack just because they can’t meet the demand
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.
Home-Office Deduction: Just like it sounds, this deduction allows you to take into account all of the operating expenses for your home office, including the square footage of your home-office space, and deduct them from your taxes. The IRS has a terrific, easy-to-understand chart that outlines the different parts of this tax deduction and how best to calculate it. NOTE: Renters can also take advantage of the home-office deduction.
Owning a food business is the first step for many entrepreneurs to the world self-employment. A food business can mean any of a number of business ventures, from temporary food stands to catering companies.
Are you a social butterfly? We’ve all heard of direct sales companies like Avon, but did you know that there are thousands of direct sales companies? Find one that offers products that you feel passionate about and get selling. Direct sale companies offer starter kits that give you everything you need to get started, and they usually have a very low start-up cost. Your first prospects and buyers will be friends, family, and co-workers; you will then build your customer base by getting referrals from these people.
There are so many possibilities like this. In fact, there is so much opportunity for making good money with little start up cost, that I think people need to get their mindset straight first and foremost. The opportunity is there, but if you’re feeling like a beggar, asking, “What can I make money at,” instead of a success asking, “What do I most want to do that brings me money?” you’ll miss your golden ticket. Come from a place of fullness, confidence, and enthusiasm with an intent to make money in a way that’s stimulating and fun to you, and then just add the business knowledge you need to make a success of it into the mix. If you apply yourself consistently, you’ll have the same successes you see others having.
If the web were around when I was younger, I would have spent so much time on this next way to make money. Internet earning revolves around completing digital offers, sharing offers with friends, testing websites, watching videos, using smartphone apps, completing surveys, and clipping and using coupons.
You should also consider home owners’ associations in your neighborhood and consider the potential impact of your business on neighbors, especially if the business will increase traffic or noise in the neighborhood.
In Boston one of the very best high skyscraper restaurant locations was taken over by a banquet facility company. The owner of this business grew up in the restaurant business but decided to build his own business exclusively around banquets. A banquet facility is an interesting alternative to the difficult restaurant business. You get to match your labor and food costs closely to your income. And by having a dedicated space and a tightly focused business you should be able to execute well.
Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn’t stopped thousands of people from building successful side business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.
Graphic Designer: Use your training and creative skills to create logos, images, sales brochures, business cards, advertisements, packaging and more from your home. You will need a computer and relevant software. Target small businesses, individuals or companies and assist them with their marketing.
You would think that you get your electrical contractor license and the money would rain on you forever more! I have been shocked with the prices some electricians have tried to charge me. Then again, I called back a more reasonably priced electrician who had done some work for me a couple years ago and he told me he went out of business for lack of work. This goes to remind you that in any business there is always some risk.
Whether you are helping a business with traditional marketing materials or instructing them on the fine art of blogging (ahem) and social media, this is a business that has almost unlimited potential for freelancers. Median salary: $108,000 (!).
But even if you don’t need an EIN, get one anyway: It’s free, takes minutes, and you can keep your Social Security number private and reduce the chance of identity theft, because if you don’t have an EIN, your SSN identifies your business for tax purposes.
Never underestimate the terror some people feel getting up to speak in front of a live audience. High school and college students, as well as businesspeople, are excellent target markets for entrepreneurs who have some training and expertise in public speaking and presentations.
5. Small Grocery Shop – Starting small grocery shop is another good idea where you do not require any special skill and you may start a small shop and gradually expand as per need. This is small business ideas for beginners.
Wow. There was a time when the society only accepted government jobs and a few other elite jobs like doctor and engineer as the best career options for youngsters. Time has changed. We have come a long way. I believe these 50 options will soon turn into 100, and then into 1000s
In financial planning business, you need to provide advice to the customer about investment & financial planning. It is advisable to become certified financial planner before starting financial planning business.
While no formal experience or training is necessary, you’ll need to be a talented, creative writer with strong interviewing skills. An editing or journalism background and strong communication skills are helpful, as is a sound marketing strategy to reach potential customers.
For many people, working from home on the side or full time can be an attractive option, whether they’re trying to make a few extra bucks or start a new career. However, starting a home based business, like starting any other business, requires a large amount of planning and personal commitment. You’ll have to plan out your strategy, work out all the little details, and then put in the work to make it happen. Luckily, by using your home as your business space, you avoid some of the costs and hassles associated with classic businesses, like renting commercial space and meeting certain permit requirements.
Professional/occupation licenses. In addition to the licensing requirements imposed on businesses, states require certain professions, such as attorneys, architects, hair stylists and tattoo artists, to have state-issued licenses or certificates. Every state has its own list of licensed occupations, so it is essential to know your state’s laws.
Investment: Startup costs will depend on the type of services you provide. The upfront costs should be lower if the business is nonmedical and assists seniors with basic daily tasks, although training and licensing may still be required.
If you’ve always enjoyed cooking, but don’t want to take the risk of opening a restaurant? Then why not invest in a food truck, trailer, or cart? While a food truck may get pricey, you can purchase a trailer or something like a hot dog cart for only a couple of thousand dollars.
Do you love to write? We’ve all heard of best-selling authors J.K. Rowling and Stephenie Meyer, but thousands of women are writing their way to work-at-home success. The opportunities and possibilities are endless, everything from writing children’s books, to self-help books, romance novels, and cookbooks. Don’t worry — you don’t have to write a book to be considered an author. If you prefer to write magazine articles, check out this article to get started.
Holly, thanks for putting this list together. I think it’s dead on….especially with the personal shopping/stylist which is the route I took when I stayed at home with the boys 6 ears ago. It was the perfect combo of doing what I loved, around our family schedule, and contributing to the family income.
4. Interior Designer – Everyone today wants services from an interior decorator, so starting an interior design business could be the best deal but remember here you may need special skills. This is one among the sure shot small business ideas.
People who own fish, lizards, snakes or any other animals that live in tanks or aquariums are likely to need some maintenance services at some point. If that’s the type of work you enjoy, you can provide those services in people’s homes or place of business.