If you have extensive experience in a highly valued field, consider starting your own consulting business. Outside businesses often look to consultants to help and guide them, rather than hire someone in-house. Popular consultants include those for cybersecurity, finance, accounting, and graphic design.
Great ideas about a home based business. However, we all need to understand that most ONline and OFFline buisnesses fail about 90% of the time. Franchises seem to do some better but they have challenges too. Our goal is focused on building a PLAN B to help build financial security. After 32 years in the trenches as an entrepreneur, we invite you to visit our website, join us as a subscriber too where we share about our lumps and bruises in business owners.
Alterations is a great steady income business, easy to start on the side. Then after you’ve begun to build a clientele, you may want to quit your day job and open a small storefront location. Begin by promoting to friends and friends of friends on social media. I would charge by the job, but carefully estimate how long each job will take you and base your job rates on your time estimates.
Shelving or Filing Cabinets: How much paper does your business generate? You might be lucky enough to keep most of it digital, but inevitably you’ll find yourself surrounded by stacks of papers that you’ll need to keep. Keeping your space uncluttered is more conducive to productivity.
We knew there was a huge opportunity in the VA space, and in order to get started immediately, we needed to create an MVP. Instead of spending resources on a custom solution, we initially used five main tools: Slack for internal communications, Trello for project management, Stripe for payment processing, Zapier for automations, and Toggl to track our eventual 100+ contractors’ time.
People often need help planning events, from fundraisers to graduations. If you enjoy making plans and working with a variety of different clients, this is a job you can do mainly from home, though you may have to meet with clients at event locations from time to time.
Are you good with animals? Spread the word to friends and neighbors that you’re available to watch their pets while the owners go on a vacation or weekend trip. Pet owners often feel more comfortable leaving their furry friends in the care of an individual rather than placing pets in a boarding facility, so getting referrals shouldn’t be too difficult. If you can’t commit to lodging animals in your home, consider starting a dog walking or waste cleanup business.
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.
Hi Suzanne, Some of the ideas include hyperlinks to additional information and resources. I’ll keeping adding and modifying, so that it become an even more comprehensive resource. Thanks for your comment!
It’s hard especially for really small companies to hire someone dependable and that they can trust, to do their cleaning at night in the office alone. That’s why if you are willing to work hard and be dependable, you can make good money at this. I met a fellow who earned an excellent living cleaning offices, and he only worked 4-5 hours a night, and had no employees.
I really appreciate all the hard work you put into this list. I never knew there were so many options. I have worked my entire life and am currently a undergrad in Business MGMT/Healthcare. In 2014, my 20 yr old son became a quadriplegic. For the first time, in many years, I am a stay at home mom. At 38, I have spent too many years being independent to feel comfortable relying on my husband. You have given me hope and a starting point. Thank you
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.
The Internal Revenue Service has carefully defined what business deductions can be taken by home-based businesses. For a summary, please visit: https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Deducting-Business-Expenses
Toby Woodward has been in the flooring business for twenty-five years. He tells Construction News, “I started my business with $50 and a box of business cards.” His company, Aladdin Floors, started out doing just installation in order to avoid the need to invest in inventory.
Working from home can be a lot of fun — if you’ve chosen the right career. There are now more options than ever when it comes to home-based businesses. And some of the opportunities might be just what you’re looking for if you want to add some more fun to your life. Below is a list of the most fun home based business ideas.
I’ve heard of people starting businesses with $1,000 or more but I did not know you can start a business with a $100.00 only. I might start doing logo designs seem like something that I can do plus I just got my dslr camera so I can take pictures to make logos.
Mobile tech is now a must-have for almost any business, but finding ways to go mobile is a challenge for many business owners. If you can provide affordable mobile solutions to businesses that need them, you’ll find mobile consulting a rich business opportunity.
Like birthdays, marriages happen all the time. Which means you can treat weddings as a recurring fountain of business opportunities: wedding dresses and coats, jewelers, food caterers, venue providers, photographers and videographers, performers, flower shops, travel agencies, souvenir crafts, and a host of other ventures. Now imagine if you can form a network of these service providers so you can offer engaged couples a range of hassle-free wedding packages as a turnkey business idea. The process is certainly fun (and time-consuming), but as a side business idea, the pay can be pretty great.
It doesn’t happen overnight, but licensing a foreign product for sale domestically, can be a lucrative business idea that (at times) leads to a big payoff down the road. Invest intelligently, sell a product you believe in, and you can reap the rewards for years to come.
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!
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.
Oh I am sure women can manage a couple task at a same time: we are in an age of ‘multi-talented superwomen’ who excel the ability of dealing with anything 🙂 Thanks for sharing this awesome list, it will certainly begin the flight of some dreams. Loved it!
If you keep your money hidden in the attic or earning close to nothing in a savings account, you might want to consider putting it to better use through smarter investing as your side business idea. Sure, there are plenty dangers to look out for, but most personal finance experts will advise you to start learning about the stock market if you want to grow your wealth, and to avoid jumping too heavily into trends like Bitcoin and other cryptocurrencies without proper understanding.
Portfolio: A portfolio of work is recommended for people that work in the arts, writing, graphic design and other fields. I recommend a portfolio online and one that is available in hand when attending job interviews or networking meetups.
If you don’t know what Uber is, basically it is the 21st century version of the taxi. You just use your own car and when someone near you wants a ride you get a notification on your phone (assuming you selected that you were available in the app) you go pick them up and drop them off where they want to go and then you automatically get paid.
But the obstacles to success are not as difficult when you start a home-based business. You can even start without quitting your job–as a “moonlight entrepreneur.” You don’t need a high level of sales to start with because your start-up costs are small. You can then take the time to build up sales. There is less to lose and more to gain. And you will have lots of company: according to the U.S. Small Business Administration, over 50% of all small businesses are home-based.
A real estate appraisal business can be operated from home, on a part-time basis, making for a fun side business idea if you have the credentials to back it up. A perfect option if you want to keep your day job while earning a little extra on the side. You won’t need a college degree to start in on this business idea, but you’ll need bankable appraiser credentials (including relevant training and professional licenses), strong knowledge of the sector, and a growing network of industry players including mortgage brokers, real estate agents, banks, and fellow appraisers that’ll want to utilize your services.
If you live in a bustling area, chances are local businesses could use a local courier service. Unlike the big name services, you can offer more flexible pick-up and drop off times, which can be a godsend to many small businesses. According to About.com, half of couriers earn in the $17,000 to $27,000 range.
Two of the biggest problems of operating a retail store are the overhead of having a storefront and the risk and cost of carrying inventory. With a virtual consignment store you eliminate both of these problems! You could take it one step further and have your suppliers drop ship the goods for you.