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The era of the home entrepreneur has very much arrived. With one of these business ideas and the right attitude and preparation, you can build a solid and successful business in the comfort of your own home.
Web designers are incredibly valuable for technology companies—which is why becoming a freelance web designer is a top side business idea today. Web design is all about mastering the art of creating a beautiful, value-driven experience for the people using a website or app. There are always new websites popping up in need of professional web design, and foundational books like HTML & CSS: Design and Build Websites by acclaimed web designer Jon Duckett and Don’t Make Me Think by user experience legend Steve Krug will get you started down the right path to quickly determining whether or not becoming a web designer is a viable side business idea for you.
Investment: It’s a lower-cost alternative to starting a brick-and-mortar restaurant, as there’s less overhead, but you can still expect to shell out a decent amount of money to purchase a truck and cooking equipment.
I always recommend people start in an industry they know well – as long as there is money to be made. In addition, an Internet-based business has very little overhead expenses and so in turn, you can get into profit a lot faster. Those would be my two recommendations for anyone looking to start a small or home-based business.
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.
There could be some investment necessary in equipment, and the biggest challenge might be getting your hands on the antiques you plan to refurbish. (Hint: Get to know some auctioneers.) Once you’ve turned a few pieces around, take some high-quality photographs for promotional purposes and go from there.
This is a beer lover’s dream and sounds perfect for someone who’s already brewing beer at home. However, opening a brewery isn’t easy. Consider connecting with some brewery owners for advice, tips and guidance to see if this is a path you really want to take.
Here’s an example of someone who picked the right home business, using the power of online marketing: Operating out of her home, Ming Friedman imports fine linen tablecloths and sells them to party rental firms. Ming doesn’t need a store, a warehouse, factory or marketing organization. She has her products manufactured in China, uses her garage for storage, has a terrific website for marketing and hires FedEx for shipping. Ming operates her business full-time, but this is an example of the kind of business that can be operated either full time or as a moonlight operation.
Potential challenges: It’s a seasonal type of business, as wedding bookings are likely to slow down in the winter — though this depends on where you live. As a result, you may need to get creative when it comes to stretching your earnings throughout the year.
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.
KJ Henderson has more than a decade of HR and talent acquisition experience. He has held roles at a Fortune 100 investment bank, a media conglomerate and at one of NYC’s largest executive staffing firms. He currently heads recruitment sourcing at a major movie studio. He read literature at Oxford.
At the end of every month, all you need to do is to go there and collect your cheque; they pay between N400, 000 to N600,000 on a Trailer every month. Before you can be part of this, you need to register with them as a contractor or fall under another contractor in their fleet. Secondly, you may decide to be an independent operator to some of the big companies in the Country, they will give you a way bill; it might be 10 to 15 trips.
Do you love working with kids? An easy way to make some extra cash is to simply provide child care services. With meetings, PTA involvement and date nights with the hubby, there are more than enough opportunities for you to cash in on this much-needed service year round.
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
Building off the previous idea, what if you offered a service where you came to the customer’s house and changed the oil in the street? I would pay to do that – and would be willing to pay more since I didn’t even have to do anything but make a phone call.
Are you considered an expert in your field? Do you like to assist others in achieving their goals? Then act as an advisor to others who are in need of your skill and expertise. This post tells you how to get started in three easy steps!
Wouldn’t it be cool to have your own miniature golf course! Now that’s the type of golf I think I could handle! Having a well-designed course is nice but what really matters here is the location. You need to be on a highly visible road, a vacation area is a plus, and ideally your competition is a good distance away.
If you will sell products, you need a seller’s permit. Your state department of taxation’s website has complete details, forms, etc., if you decide to apply online, but most localities have forms you can complete while you’re at their administrative offices.
Thanks Oak, and I agree that many of these are for when you have a lot more time than money. We put in a lot of time (at least initially) starting our internet publishing business. In fact, you can often substitute time for money in many ways when starting.
Adobe CS6 Design: Includes Photoshop, Illustrator and InDesign, this is one of the premiere design software suites. Adobe is now also offering aCreative Cloud solution, a monthly membership service that grants members access to Adobe software.
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.
Set up a dedicated phone line and internet service. Almost all businesses will require contact with customers over the phone. In order to ensure that your line will be free when customers call, you’ll have to get a dedicated phone line for business use. You should also sign up for voicemail rather than using an answering machine. This sounds more professional to customers. You should also add an internet connection that is fast enough for your business purposes while still remaining affordable.
To be clear, providing care for the elderly often requires a broader set of credentials (as it should) so this business idea isn’t one most people can get started with this weekend. These credentials may include licenses, training certificates, business permits, and tax forms depending on which state you wish to operate, the level of care you intend to provide, and whether you plan on running a formal business or just hiring yourself out as an independent worker as a side business idea. If you’re already giving unpaid care to an elderly relative or friend, you may want to review Medicaid provisions for some compensation. In all cases, you need genuine affection for the elderly, a lot of common sense, and good knowledge of first aid, CPR, and elderly care basics to excel with this side business idea.
You’ll have to decide for yourself when to “formalize” your company by creating a legal structure like an LLC, buying liability insurance, and such. For advice on these matters, you can meet with volunteers at SCORE, and there are even places to get inexpensive legal help. Meanwhile, why not pull out a $100 bill and take a look at what you can do with it.
What about an online business? Many of the principles discussed above apply to a business that operates solely online. For example, an online business with employees will need to register with the workers’ compensation and unemployment departments. While an online-only business is unlikely to run afoul of zoning laws or signage restrictions, the online proprietor must grapple with sales tax on certain transactions. In fact, the sales tax rules for online sales are often more complex, idiosyncratic, and ambiguous than those that apply to in-store or traditional mail order transactions. Therefore, a conversation with your accountant is advised before you start taking orders.
Please note that some of the links below are affiliate links and at no additional cost to you, I will earn a commission. Know that I only recommend tools and learning resources I’ve personally used and believe are genuinely helpful, not because of the small commissions I make if you decide to purchase them. Most of all, I would never advocate for buying something that you can’t afford or that you’re not yet ready to implement.
Are you a foodie? Create and sell food products, from gourmet peanut butter to spicy sauces and salsas, the niches available are endless. Try testing out your food creation on a smaller site like Foodzie or learn how to bring your food product to market.
I have seen people do very well building and renting residences for the elderly. This is a highly-regulated field and you do need to manage it carefully. Staff turnover can be sky high and “one-time” issues with residents and their families may seem endless, but there is a lot of upside here.
Small businesses know they have to get online, but finding the time to figure out how is proving a real challenge for small business owners of every stripe. If you’re Internet-savvy and know how local businesses can harness the power of local search, coupon pages and social media, you could be working from home helping small business owners promote their companies online.
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.
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.
This is a take-off on the catering business that makes it clear that you aren’t going to provide the dishes or the food. You just do the cooking. Furthermore, don’t bite off more than you can chew! People expect the chef to prepare a great meal, so don’t take on a menu that you’re not totally comfortable with!