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The entire productivity market was missing a reliable and trustworthy virtual assistant service. There were resources to find freelancers, but the time and effort spent to find a quality freelancer at a reasonable price far outweighed the reward. There was an opportunity to fix this pain point with reliable, vetted, and quality-guaranteed freelancers.
This 2018 “How to Start a Home Business” Checklist is a basic guideline for all home business owners. We’ve included lots of resources and tools that have helped us save time and money in our own business. Hopefully they can help you save time and money too!
in regards to working from home, I think that the first thing a person needs to understand as much as possible is to understand finance. I don’t mean high finance, I mean daily finance. If America really spends more than it makes overall, you better not be in that crowd.
What’s the upside to an exclusive distributorship? In the mid-1950s, the brother of my grandmother’s third husband was co-owner of a small car repair garage in Brookline, Massachusetts, when he agreed to import a funny-looking new small car into New England. It was called the Volkswagen, and he retained exclusive regional distribution rights for decades to come, making a lot of money in the process.
With this business, you could focus on providing PC training to employees at smaller to mid-sized companies that are too small to have their own IT departments. Or you could offer classes to individuals.
Are you a leader in your field? Create, plan, organize a group of like-minded individuals and guide them and share your knowledge and expertise so that the group as a whole can grow and expand their knowledge base – aiding in their success.
If you have a knack for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great side business idea for you. Many startups seek part-time and commission-only salespeople, especially when they’re just getting started, which means you’ll often be able to make this a home based business idea. Develop your sales strategies, become an inside sales rep and perfect your cold calling skills on the side in your free time for nothing but commission, negotiate a little equity and you could profit big time if you’re pitching a solid product and the startup succeeds. Start your sales education with the acclaimed books, Secrets of a Master Closer and To Sell is Human by famed bestselling author Daniel Pink and you’ll be well on your way to getting this side business idea off the ground.
There is a huge upside potential rebuilding auto parts, like transmissions. However, I have friends who have gone into this business and it can take years to nail down your production process, develop your customer base and start to reap the big money.
Please stop telling people they can start making logos, and certainly stop telling the people that do want to get into design to go to Fiverr. This is incredibly insulting to professional designers, and it is devaluing the profession and our work.
This side business idea isn’t for most, but consider Kia Silverbrock who has been granted over 4,665 US Patents in his lifetime (so far). You don’t have to invent the wheel to make good money from your patented concepts—just make sure that your idea can be produced affordably, or it will never stand up against a lawsuit in the future.
I find that a lot of people want a turn-key business – one that doesn’t require a lot of capital to start and maintain. Unfortunately, the majority of the businesses listed here either require significant start-up costs because in a lot of them you need liability insurance, licenses, money to buy the inventory to start the business, and or a physical location in order to operate.
I view a café as positioned somewhere between a sandwich shop and full service gourmet restaurant. You will be cooking a lot of items but not everything, and your dining space will be simpler than a fancy dinner spot. So, you save money on buildout both in the kitchen, the equipment and the dining space. And you won’t need as expensive a chef as you would for a full-service restaurant. Furthermore, if you choose your location well you could have a good lunch business, as well as a dinner time business, and you could do fine in the late afternoon time slot too. Then of course you could offer breakfast as well and really fill in your day!
Not only is Airbnb a great way to make money by renting out your spare bedroom or living room couch as a legitimate home-based business idea, but you also have the benefit of meeting new people and making new friends if that’s your kind of thing. You can even rent out an entirely new apartment just to manage as an Airbnb side business idea, but don’t make the mistake of thinking this will be a passive source of income—you’re on call whenever you have a guest and you’ll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, you can take this business idea to the next level by offering your guests add-on and personalized experiences for an extra charge. Take Lauren Gheysens’ Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local’s only tour of the city, complete with bespoke 18th century costumes.
While you might first think of parties for kids, parties for adults is a rapidly growing field. To break into this field, I would start by offering some really attractive package deals. Then I might try to upsell additional services once the parting host became more comfortable working with me, or at least on repeat engagements.
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.
Flier Distribution Service: All you need is a telephone and good walking shoes. You can employ casual staff to help scale your business. Research what the current flier delivery services are charging.
These are all great business ideas. The secret is finding something you LOVE doing and running with it with all your might. Then you are guaranteed to have success. Enthusiasm is what makes business and making money fun!
You can learn how to mix any one of thousands of drinks with a free online cocktail guide, but to get hired as a freelance bartender it helps to have real experience. That doesn’t have to require a job though. You might volunteer to tend bar for charity events — a good way to get experience and market yourself to potential paying clients.
Corrisa, thank you for adding your thoughts on Annie’s list. I wholeheartedly agree with your points to consider and would encourage anyone looking to join a network marketing-based business to do their due diligence before signing up. As I have found in my past ventures into home based businesses, the KEY to success is to treat your business as exactly that and not a hobby or trending fad.
Do the accessories make the outfit? Take your love of creating jewelry and become online jewelry entrepreneur. The avenues for selling are numerous: create your own online store, sell them to friends and family, sell them on Esty, approach brick, and mortar stores about your jewelry, or sell them through your own in-home parties.
Even in this digital age, there remains a huge market for independent sales reps who sell the products for a number of different companies to other businesses. You will typically work on a commission basis which means income will start slowly, but established manufacturer’s reps can make a lot of money over the years.
CT Tip: Even if your planned business does not run afoul of your local government’s zoning restrictions, you might be violating the terms of your Home Owner’s Association (HOA) agreement. Originally confined to condominiums and cooperatives, many single-family communities now have HOAs that govern what residents can, and cannot, do on or to their property. It may be necessary to get an exception or waiver of the rules.
Dog Clothing and Accessories: If you have good sewing skills and enjoy designing, this could be a great business for you. Research what is in fashion and what appeals to dog owners. Sweaters, rain jackets, T-shirts and even dog boots are popular.
Wedding photographers command premium rates. After all, you are capturing one of a couple’s most important life moments, making it a very lucrative side business idea. Many professional wedding photographers charge between $2,500 – $10,000 (or more) to shoot a wedding, so it’s realistic that this side business idea could quickly blossom into becoming a full-time endeavor with the right happy clientele base that’s willing to refer you to their friends and family. Check out the Complete Wedding Photography Experience over on CreativeLive to get up to speed on everything you need to launch a successful wedding photography business.
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.
Having been on television and done many videos, I can appreciate that makeup consulting isn’t just for women! With the Internet leading to more and more video production, makeup consulting is becoming more important than ever!
This is a business you could start in a couple hours with literally zero investment. In the public library on the resort island of Nantucket, I watched a man create a flyer for his walking tour business on a free public access computer. Then he went outside and posted the newly created flyer on the public bulletin board. A few hours later he greeted his customers as they gathered on the advertised street corner, collected their money, and then took them on the walking tour. Not sure how to set up your walking tour? Get a history or even a self-walking tour guide at the public library.
Great List Holly! I own a women’s boutique in Connecticut and still in the struggle stage however, I am looking for ways to supplement my income in order to sustain my business. Thanks for sharing all these wonderful ideas. I am going to get started right away with the ones that I find suitable…which me luck!
Do you have your nursing license? Insurance companies and hospitals are seeking registered nurses to perform case management tasks from home. Tasks include reviewing medical records, following up on patient’s care, and education. If you’re looking for more remote nursing jobs, check out this post — it has listings for MSNs, RNs, and LVNs.
You don’t need to have a degree in journalism to be a reporter these days (and pursue this business idea). Plus, there are many news websites that can always use a bit of help on getting local coverage. Some of them, such as The Examiner or HuffPost, will compensate contributors based on ad revenue generated per article written—a great incentive to provide compelling content to news organizations as your side business idea.
Creating beautiful flower arrangements can be a fun activity for anyone with an eye for design and a love of plants. And you can turn that activity into a career by selling flower arrangements and other plants that you create in your home.
The majority of us don’t have the luxury of being able to quit our day jobs to pursue starting a business idea today, without having to worry about how we’re going to meet our financial obligations moving forward with no immediate income.
Nigeria currently has over 140 TV Stations and 200 radio station spread across the Country. There are different types of shows on our Television and Radio; such as current affairs, news, sports programme, Automobile, Information Technology, Telecommunications, Shoppers Guide, Maritime Television, Politics, Aviation, Finance, Insurance, Cultural dances, Personality Profile, Educational Programmes, Musicals, Fashions, Construction, Oil Industry, Religion, Hospitality and Tourism, Real Estate, Dating Game Show, Agriculture, Women Empowerment Programmes,, School Quiz Competition, Teenage Programmes and so on.