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I learned what works in business. And I learned what doesn’t work. I learned what are good businesses and what are not. I have also learned that you don’t need lots of money or experience to start most businesses.
A good offshoot to starting a house cleaning service is home and office organizing. It’s not as competitive and commoditized. A super cheap / beginner home organizer starts at $25/hr, but $35-$50/hr is pretty standard. Even higher if you have a specialty (hoarders, ADD/ADHD, etc), are certified, have YEARS of experience and/or are based in a large metro area. You do not have to be certified, however. Starting as a house cleaner will definitely give you an inroad (as there is more demand in terms of volume and helps with regular cash flow). That’s how I started and eventually phased the cleaning out. Offering pre-paid discounted packages (with a contract) and taking deposits from 1st time clients helps to keep problems away.
This type of class can be offered through your home but you might also consider contacting a local computer retailer and offer to conduct the classes in his/her store. This would bring traffic into the store that is specifically interested in his product as well as give you access to a variety of machines and software to demonstrate with.
Listed below are links to basic federal tax information for people who are starting a business, as well as information to assist in making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business.
Users of smartphones and tablets are always damaging the screens. Sometimes just a single drop can be enough to crack a screen. Many devices require special tools to replace screens and so most people need to turn to a screen repair business. You could charge customers for your labour and there would be little costs after the initial set-up costs.
With increased used of the Internet, associated crime has grown up drastically. Organization and forensic department always look for good cyber and IT security expert. If you are very good at IT security services you can turn this skill into a good business idea.
This is a great time for a concierge business or errand business startup. In many areas where there is significant development in the luxury market (residential and commercial), you will find increasing opportunity for concierge service providers. I remember my first job as a residential concierge, which helped me start a concierge business from home. The knowledge I acquired while employed by an established concierge business set the groundwork for my long-term career as a concierge business entrepreneur and author.
You could try to do this business online…but of course the issue is getting people the right size. You could even send several sizes if they are not sure of their size. Or you could have a storefront. You don’t need a fancy location or expensive buildout. There is a formal wear rental facility near me that has been very successful for decades, and the storefront looks like it was last remodeled about 50 years ago.
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.
A really good list of ideas there, thanks. I would advise people to tread very carefully if choosing the trading option, as you have stated it is high risk and there are a lot of people out there promoting automated trading signal programs – these do not work! please do not invest in any of those types of programs. What I suggest you do is invest in some training that will teach you how to build a successful and profitable business. I did just that and chose the Affiliate Marketing business model. I have now been working this full time at home since 2013 and I love it! If you want further information and advice I suggest you check out this website: http://www.starting-a-online-business.net
You could dream up your own product to make with your 3D printer. But instead I would tend to create products for other people, and not even finished products, but prototypes. I would develop a specialty within prototypes, such as for a particular industry.
Do you love woodworking? Even without a huge workshop, you can create some of the more popular crafts and sell them. And like most things, your success in business isn’t necessarily related to how skilled you are as a woodworker. So if you can figure out which products consumers want and just create those, you could have a good business plan. Etsy.com and farmers’ markets are a great place to start selling.
From there, you need to learn which tools, resources, and feedback communities you can use to accelerate the pace at which you’re able to launch. Check out these 101 essential tools and resources I use to launch profitable side hustle businesses.
Register your business name with your state’s filing office. If you’re operating under a fictitious or “doing business as” name, you may be required to take extra steps to register it based on your state’s laws. For example, you may need to register the fictitious or DBA with the county instead of the state. To protect your business name and ensure that no one else uses it, consider filing for trademark protection.
On top of just the skill and experience components to being a successful online coach, this side business idea is all about building a community around the help you’re offering and fostering trust with members. Plus, your community members will learn from each other along the way. Creating the space for that community can be as simple as setting up a private Facebook group or choosing a community-building platform like Ning.com that has even more capabilities like using your own custom URL, having internal forums, customized designs, and more.
With only $1,000 in my pocket, I couldn’t carry significant inventory. So I was forced to sell a product before I had a product to sell. I cobbled together a website that was part template, part Photoshop, and part poorly written HTML. It wasn’t pretty, but it would work well enough to allow me to present the core selling proposition to potential customers–awesome gifts for men, packed into wooden crates, shipped with a crowbar.
This is a specialized niche of the fencing business, but so differentiated that it is basically a totally separate, non-competitive business—and that’s the best kind of niche to find! Your market is dog owners, and probably the owners of some types or dogs, or maybe multiple dogs, are much more likely to be customers than others, which means that you can really target your marketing!
Copywriting/Ghost writing/Magazine article writing/Webpage content writing: If you have a way with words and can write creative and compelling articles, then this may be for you. All you need is a computer. There are many sites like guru.com or elance.com that employ writers. There is also CloudCrowd (through Facebook). This article about building a freelance writing business has lots of ideas.
Of course, you can try your hand at building homes and other large endeavors or you can specialize in smaller projects. Maybe driveways? Patios? Outside waterfalls? Closet renovations? There is no limit to what you can do, but to be highly successful or to build a scalable business I suggest you carefully find a highly profitable niche.
Signage. Most localities have signage restrictions. However, if your business is in a residential area, you are likely to face very strict limits on the size, number, and placement of signs on your property. You need to verify what you can and cannot display before ordering any type of signage.
This is one of the most popular small businesses because everyone wants a house cleaner. The work is repetitive. But if you can show up on time and do a good job consistently (I find many the work of many cleaners deteriorates after the first few weeks), you will build a healthy clientele. And if you can charge enough so that you can delegate, you can grow this into a large business.
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.
Rather than replacing sofas and chairs, many people prefer to save money and just replace the fabric, often changing colors in the process. This is a great service business—you can’t be underpriced by Amazon. Furthermore, not only will your customers come to you for more business at some point, but you bet that next time they are entertaining in their living room that your new fabric covering work will come up in the conversation! Eventually you may want to consider offering complete re-upholstering services.
The local bank or investment advisory service may decide to add a touch of class and the feel of quiet success to their office by adding art to its walls, but which paintings should they buy? That’s where you come in, the expert art buyer. You could offer your services to private art buyers as well. Where do you start? You could simply start with one recommendation for one painting for a friend’s empty wall space.
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.
If you have the gift of gab, public speaking is a worthwhile side business idea for you to pursue. Many authors, medical practitioners, scientists, artisans, politicians, and other subject matter experts earn extra income by delivering speeches, seminars, and presentations. Professional motivational speakers earn an average annual salary of around $90,000 with just that portion of their income, making this a very realistic side business idea while you continue practicing your craft.
It’s no longer taboo for people to ditch the daily 9-to-5 grind and start their own business. In fact, it’s beyond easy starting a business for almost nothing these days. But, what businesses are guaranteed to make a million dollars?
We started and eBay business selling our old stuff when she moved from California, just before we were married. We didn’t intend that it would become a full-time occupation, but it’s been a worthwhile business so far.
Know someone who rents out property to others? Perhaps they could use a hand managing their property. If so, you can make a decent amount of money on this side business idea with relatively little work on your part (most of the time). It’ll take some hustling and the willingness to be flexible with your schedule, as you’ll be responsible for collecting rent checks, managing repairs and improvements, and simply being on call for emergencies. But, a property manager is essential for most real estate investors that have a large enough portfolio, so there’s definitely merit to this business idea.
This is very competitive. Just a few feet away from me in the co-share space I am working in currently, several young people started an Internet based food service, but gave up after a few months. But there is a huge demand for food delivery both from restaurants and grocery stores, and you just might be able to make a go of it!
All the businesses are good to consider for and i found interesting with medical transcription. One of my friend doing this business these days and the fact he used to earn descent income form the specific job.
With the byzantine complexity of modern medical billing practices, there is a definite need for patient advocates. These individuals take the time to track down hospital billing paperwork and potentially argue with insurance companies. Considering the fact that many of those who need to hire advocates are either ailing or grieving, this is a very necessary service.
Jeannine Mancini, a Florida native, has been writing business and personal finance articles since 2003. Her articles have been published in the Florida Today and Orlando Sentinel. She earned a Bachelor of Science in Interdisciplinary Studies from the University of Central Florida.