Wait, Almost there...
Jumpy YouTube videos of cats might be charming, but they don’t do much for business owners or parents of the bride who want quality video production. Video-editing and production services can tap into several markets—business presentation, wedding, parties, even documentary and feature films.
Do you have a proven track record in a particular field? Can you prove past success or have trained in matters of the mind? Then life coaching or mentorship is another low-cost and profitable business opportunity since you can run the business out of your home.
You likely don’t have the budget to hire a CEO, CFO, or maybe even an assistant. That’s okay. The key here is to position your company in such a way that, so when the time comes, you can hand off the controls to people more skilled in the sectors you aren’t.
Hey, great list! LaunchScore estimates the earnings potential of 800+ business types in 750 U.S. cities. Unlike most lists, LaunchScore provides a custom earnings estimate that takes into account the market conditions in each city.
The types of required permits depend upon a number of factors: type of business, business structure, number of employees, and geographic location of the business. The following licenses are not home-business specific—they are just part of the cost of opening any business. (While few businesses will require each of the permits, each business will require some of them.)
Planning a wedding requires a lot of work and organizational skills. So many couples hire a wedding coordinator to help manage all of the various aspects of the event. You can do much of that work from home, if you enjoy organizing and working with clients.
Great ideas! I’ve been thinking about starting a home-based business for years but I just never stopped long enough to actually start and I didn’t know what kind of business to pursue. Now I’m ready to get started and you gave me some really good ideas. I really appreciate the links to more information on how to get started in several of these business opportunities. I will definitely look into them.
If you want to speed up the process of launching your blog, I recommend setting up quick, affordable and easy website hosting with a company like Bluehost, choosing a simple WordPress theme and working on your first post, in order to set the precedent of prioritizing your time on creating content, connecting with (and building) your audience. Then once you’ve been able to build a community around your blog, you’ll want to invest in really understanding your readers—so that you can give them more of what they want.
Mystery Shopping: You will be required to dine or shop at restaurants or retail outlets as an ordinary patron and then give a verbal or written report to owners or managers on customer service and food quality. Other mystery shopping opportunities are reviewing the quality of care at hospitals or reporting on the service from collection agency representatives. In addition, you may be asked to do undercover surveillance of staff (if theft is suspected). Some states view mystery shoppers as private investigators, in which case you will need a license.
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.
Relative to the earnings you need and the risk you are willing to take with your money. If you want long term “safe” investment and earn for a nice 5% annually, then you’ll be needing x 20 of what you want to annually earn as your starting capital. If you aim to become a day trading and risk your capital, you could aim for X,XXX % in profit annually, and then you need a much smaller starting point.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea. My podcast, The Side Hustle Project is actually my current side business idea, and because I had an existing audience here on my blog at the time I launched the show, I was able to broker a $5,000 sponsorship from Freshbooks to place ads on the first ten episodes before I even got started.
Great insight Steve! As someone pointed out above, with so many options to start for such little money, most people really have no excuse. Some of the online related businesses are ones I intend to try just for the fun of it.
Awning Cleaning Service: Ideal for a business run from home with flexible working hours, no skills required and low start-up costs. Target homes and commercial awning signs. Have a list of all the benefits your cleaning service provides and start door knocking.
To make delivery affordable for the customer and efficient enough for you to make a decent profit, you may have to service a very limited area. You might start by approaching elderly residents in a housing complex, promising delivery just two days per week in order to process as many orders as you can at once.
Do you adore babies? “A birth doula is an individual who offers one-on-one support for a woman in labor as well as her partner and family. The word “doula” comes from a Greek word meaning “woman’s servant.” Birth doulas provide continuous, uninterrupted care for the laboring woman and her partner, helping them participate fully in their experience by offering physical and emotional support and information about the birth process and their available options”.
Bottled water is extremely popular these days. That is why starting up a home-based bottled water business may prove to be a lucrative venture. Purchase all the necessary equipment and designate a room in your house for this project. Start small and just work your way up as your bottled water business clientele grows.
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.
Green/Eco Consultant: Consumers and regulators are putting pressure on companies to become more eco-friendly. Small business owners cannot afford to employ large consulting firms to do this for them. You could meet with them, review their environmental impact and make recommendations regarding energy use, waste and costs to create a more energy efficient and environmentally friendly operation.
The sooner you part ways with employees who aren’t the right fit, the better. Most of us, however, do the opposite. We hire quickly to fill the position when we really should be taking our time to determine if the candidate has the right nature, the right personality and whether or not their core values align with those of the company. Then we are slow to let the person go, even though we know in our gut that it isn’t working. By hiring slow and firing fast, you will find that it is more efficient and effective for you, your business and for that person.
Many small businesses have gaps in what their employees can take care of. Hiring a full time employee to fill in those gaps isn’t necessarily feasible, which is where your work-at-home business comes into play. Here are some work-at-home ideas that every business needs:
Transport business in Nigeria is as old as the nation itself and there is no doubt that those in the business have been known to have contributed in no small way to the economic development of the country. Transport plays an important role in most business activities. Efficient transport is an essential component in the production and distribution process; commonly referred to as supply chain logistics.
Sure, there are national chains, but if you really focus on it, you can come up with a few sandwiches that are totally delicious! For this business, I would want a location that services office or industrial workers. That way you can get their business every single work day of the year! And forget a fancy buildout, I would focus instead on fancy sandwiches!
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.
One of the challenges of running a home bakery will be finding customers. That basically means going out and selling your products to stores, restaurants, cafeterias, caterers or anyone else. You want to find customers that you can service on an on-going basis and that you won’t have to travel too far to reach. You may want to canvas potential resellers even before you decide what products you plan to be baking.
With the advent of Fiverr, we saw a brand new way to assign and accept work: little jobs for small payouts. But it’s no party trick. Apps like Gigwalk and sites like Mechanical Turk make it possible to cobble together a living with lots of little assignment each day.
There are currently more than 200 million online blogs worldwide. And there’s not enough advertising money to go around. Most blogs don’t even carry ads. But plenty do. However, most blogs that do carry advertising only receive a dollar or two in revenue a day.