how to make your own business | help me start my business

Be willing to evolve. If you come to find that your initial marketing plan just isn’t working, it’s time to do some more research and reevaluate your approach. Don’t just keep pouring time and money into a strategy that isn’t getting results.
For this reason, consider testing out your dishes on a smaller scale first, at a local farmer’s market or a food festival. You can get feedback from customers on your product before investing in a mobile operation.
Do you love sports? Officiating non-professional games held at community parks and college sport fields can be an exciting way to turn your love for outdoor activities into a profitable side business idea you can engage on nights and weekends.
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.
I love Gene Mahon’s blog about Nantucket. Great photos and well presented. Overtime he has built up a good advertising base. Like any blog it takes time, energy, consistency and patience to build a following. But if you enjoy taking pictures, attending events and meeting people, a local blog can be a lot of fun.
This is good specialized business with a specific, clearly defined market to target. Until you have started to gain momentum you might want to find someone you can rent a horse trailer from on an as-needed basis. Then buy your own trailer after you start to build your customer base.
My performance grabbed the attention of all levels of the organization. As a result, in addition to my account role, I started going beyond my job duties to work with nearly every aspect of the company. I was a lead member of the digital committee, a part of the marketing committee, assisted with business development, served as interim social-media manager, and even helped to select the company’s group health insurance plans.
College counsellors come in all shapes and sizes. Their primary duty is to help guide students through an important period in their lives. Some counselors focus on admissions, career advice, financial aid, athletics, extracurricular activities, and other concerns. There are institutions looking out for part-time college counselors, making this a fantastic side business idea, or you can even start your own practice and charge anywhere from $25-$100+ per hour for your consultative services if you’re well-versed on the subject.
Software drives businesses today. This is a fact not lost on individuals and companies attempting to earn a profit, make a name for themselves, or simply get things done. As a result, the job outlook for software developers will be much sunnier than prospects for many other occupations—creating massive opportunities for this business idea well into  the future. In fact, it won’t take you long to find a good-paying software development project as a side business idea on sites like Upwork, Guru.com, and Freelancer. LinkedIn also recently launched their brand new freelancing platform, ProFinder which has a dedicated section just for hiring talented software developers.
There’s a lot to consider and plan before you launch, and it’s important to prepare yourself for the journey ahead. If you think you’re ready to start your first business, here’s a step-by-step overview of what you need to do to make it happen.
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.
Not everyone wants to tell people that their business is porta potties! That’s OK, you can make good money doing this business. The key is being willing to go out and sell your services to prospective organizations. Once you line up a customer your chance of landing repeat business is huge.
Who are your competitors? Do a competitive analysis to identify key competitors. Find out who is doing something similar to what you are planning, and how have they been successful. Just as important is to find the failures, and what made their venture fall apart.
Define your team. Will you do this alone, or will you bring in one or two trusted friends to join you? This brings a lot of synergy to the table, as people bounce ideas off each other. Two people together can often create something that is greater than the sum of the two separate parts.
Callsource – Read Review – This job involves listening to recorded phone conversations to ensure no missed opportunities for deals. The job is rarely ever listed on their site, but when it is, it’s under “Dealsaver Specialist.” May be open worldwide, although you must be fluent in English. Pay is per call, and you may average around $11 hourly.
My book publishing business often bought books from packagers. What is a packager? Typically, a book packager would sell to a publisher a completed manuscript with the pages already laid out, and a book cover all ready to go. Book packagers tended to sell more complex book projects, such as books that were heavily illustrated or books that were “packaged” with another component. For example, we bought a book about chess, boxed with a small chess set, from a book packager.
Potential challenges: You will likely run into serious competition from repair shops and phone provider service programs, such as AppleCare. You can lower these risks by offering your services at a lower cost.

Before you can register your company, you need to decide what kind of entity it is. Your business structure legally affects everything from how you file your taxes to your personal liability if something goes wrong.
Too many entrepreneurs make the mistake of trying to run their business venture out of their personal bank account. It’s super important to create a separate bank account for your business, primarily because it isolates your professional financials and makes them easier to manage and track.
LLCs are considered “pass-through” entities and do not ordinarily pay income tax directly. Nevertheless, some states require certain LLCs to report income for informational purposes. Ohio requires multi-member LLCs to report income and withhold income from members residing out of state.
Enter: The Side Hustle. I’ve created an entire podcast to talk about the side hustle, featuring interviews with the world’s top entrepreneurs right here on—The Side Hustle Project. Listen to my episode about How to Find a Profitable Business Idea right here…
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.
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.
Now that you’ve got the legal and financial aspects of your business taken care of, it’s time to think about creating a brand. There are a number of things that affect your brand image, but two major factors are your business logo and website.
Amazon mTurk – Read Review – Open worldwide, but you can’t get paid in cash unless you’re in the US — you have to opt for money in your Amazon account. Pay varies depending on the tasks you choose. Payments are made via bank transfer or you can get money to spend on Amazon instead.
Let’s go flying and get paid for it! You can finance your plane and contract out most of the work, including getting help to get your company certified to fly. This is a service business and those little touches can make a difference in keeping customers coming back.
People have discovered that they can make so much money at yard sales that they turn it into a regular business, including buying additional merchandise such as at flea markets or online specifically to sell at their yard sales. One town that I vacation in decided that too many people were turning yard sales into a business, and passed an ordinance limiting how many yard sales you were legally allowed to conduct. This is of course another indicator that yard sales can be highly lucrative!
From your morning coffee to your kid’s birthday cake, neighborhood bakeries can fill a vast number of small-town needs. Though owning and operating a bakery is hard work, if it’s your life-long dream to produce pastries for the masses, it’s a business idea that can be incredibly rewarding. Employing youth from your town is also a great way to give back and stay connected to your community. If you’re a newbie to owning a business in a small town, doing research on opening a successful bakery is extremely important. You’ll also want to familiarize yourself with how to price baked goods.
As long as you know multiple languages, you can build a business by offering translator services to individuals or businesses in need of assistance converting conversations or documents from one language to another.
Have a talent for crafting or creating other handmade goods? From bracelets to phone cases, rings, furniture, and more, Etsy is one of the world’s largest independent marketplaces that’s perfect for anyone who is creative and willing to sell their handmade creations. As long as you have the space, this can make for one of the best home business ideas that can be started as a side hustle with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology. Then, after you’re able to build your brand and grow your own audience, you can start an eCommerce site of your own and retain a larger portion of the revenue from your product sales—making this a very lucrative potential business idea if you’re able to find an audience that loves your products.
This is also when you’ll create your mini-pitch and USP (unique selling proposition). Both of these are intended to concisely describe the mission of your business — the mini-pitch in 1-2 sentences and the USP in just a few words.
Think about the areas that you are either weak in, or have little knowledge of. Finding partners compatible with your personality who can fill in your knowledge or skill gaps is an excellent way to ensure your business has the resources you need to succeed.
Manage your running costs. Keep a close eye on your running costs and keep them in line with your projections. Whenever you see something spent wastefully—like electricity, phone plans, stationery, packaging—look around and estimate how much you really need, and minimize or remove the cost in every way possible. Think frugally when you start up, including renting items instead of purchasing them and using pre-paid plans for services your business needs instead of locking yourself into long-term contracts.
My friend’s wife earned an advanced degree in nutrition, put out her shingle, and tried some marketing, but her business progressed very slowly. Then she teamed up with a local gym and her business took off.
One of our strongest selling books at my book publishing company was “Kiss, Bow or Shake Hands?” Traveling business people and others want to know how to fit in with foreign cultures. With a little bit a research or overseas exposure you could offer basic courses and consulting, and then you could provide more in-depth expertise as you build your knowledge overtime.
Have you cracked the code for landing higher paying jobs at the drop of a hat? If you have a knack for helping your friends or co-workers navigate the process of finding their dream job, nailing an interview, negotiating a better salary or getting a raise at their current day job, other people would be willing to pay for your help too—making this a great side business idea that doesn’t take too much time. Get started by sharing your advice on a personal blog and becoming a career coach on platforms like The Muse and Coach Me where there’s already an existing audience of people looking to make a move in their careers. From there, keep your focus on helping people get real results, building case studies to support this side business idea, and eventually charging for the results you’re delivering clients.
Want to be sure if your business idea is indeed unique? Run a test and find out. A pilot will give you the confidence you need to take your idea to the next level and mitigate risk. You can start on a small scale by giving away some freebies to a few people in your target audience group to see how they respond.
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.

4 Replies to “how to make your own business | help me start my business”

  1. Several of my friends have done this both as a side business and a main business. The ones doing it as a side business have actually done better. I think that is partly because they have waited patiently for better deals to buy.
    That’s why I’m a huge advocate of always starting a side business while working full-time, so that you can test your way into your new product or service, get feedback, validate the business idea, and start generating income before you quit your job. If you can master the art of scaling a side business idea while keeping your day job, you’ll have no trouble succeeding once you’re fully self-employed.
    The major benefit of becoming a foreign corporation is that it allows your company to operate as one entity in many jurisdictions. For example, if you originally incorporate your LLC the State of Delaware, you can file your existing domestic LLC as a foreign corporation in other states.
    If you had a knack for standardized tests and had no trouble acing the SAT, ACT or other college exams, why not start tutoring high schoolers as a side business idea? Parents of all economic backgrounds are more than willing to shell out upwards of $100/hr to the right tutor, if it means their son or daughter will get admitted to the college or university of their choice. See this quick checklist for starting an SAT tutoring business from the Work At Home Mom. Whitney over at Rookiemoms also has a cool story to share about a stay-at-home mom making $40/hr helping kids out with homework and turning it into a profitable side business idea.
    Also be sure to create an “at-will” relationship with your employees. Employers can terminate at-will employees for any reason, which is essential if an employee isn’t working out. There are many ways to make it clear that the employment relationship is at-will, including in employee handbooks and through offer letters. Don’t make any promises to employees about the length or terms of their employment, as these could become binding on you later.
    For many people, working from home on the side or full time can be an attractive option, whether they’re trying to make a few extra bucks or start a new career. However, starting a home based business, like starting any other business, requires a large amount of planning and personal commitment. You’ll have to plan out your strategy, work out all the little details, and then put in the work to make it happen. Luckily, by using your home as your business space, you avoid some of the costs and hassles associated with classic businesses, like renting commercial space and meeting certain permit requirements.

  2. Beware of business propositions that seem to offer “something for nothing.” They probably involve taking something from somebody—usually you. There are innumerable variations, some more polished than others. Examples include pyramid schemes[4] and advance-fee fraud.[5]
    Congratulations on your decision to start a new business!   Getting a new business up and running requires time, dedication and resources. Here are some important decisions you need to make: Structure. Determine the legal structure of your business…

  3. Cass Information Systems – Data verification and data entry work. This position is location-based. If the position is open, you’ll see it under “Data Verification Clerk.” Training onsite is required before you can do the job from home.
    My cousin worked for a jet ski rental firm in Sarasota Florida. Was that a fun job! Problem was that now and then when people panic on a jet ski, they will run it right into another boat! So, try to avoid renting jet skis in a busy boat anchorage and make sure your customers are confident operators before you set them loose!
    Today, just a few years later, selling Apps is more competitive. In fact, there are large marketing firms that exclusively focus on marketing apps. Nonetheless, there is still money to be made in making and selling apps.
    S Corp: S Corps require a much more formal structure than LLCs. They’re made up of a board of directors, corporate officers, and up to 100 U.S. shareholders. However, like LLCs, S Corps aren’t subject to double taxation — all of the profits are claimed on the shareholders’ personal taxes.

  4. #48 – Stitch Fix – If you are a fashionista with a creative eye, try Stitch Fix a company that allows you to share fashion tips with clients on the site. For work at home stylist, Stitch Fix offers a $16+ an hour pay. As a requirement, you must be 18 years of age or more and be ready to attend their off-site training before starting the job.
    The market for website developers is huge and highly competitive. If you lack highly specialized coding skills, I would suggest you consider trying to break into this space by offering flat fee rates to develop new or re-launched websites for smaller businesses or organizations and limit your development work to one platform, such as WordPress.
    Potential challenges: You will likely run into serious competition from repair shops and phone provider service programs, such as AppleCare. You can lower these risks by offering your services at a lower cost.
    The next step in your journey involves choosing a business structure and registering it with the state of Colorado. Registering your business as an official entity is the only way to protect your personal assets and achieve total legal compliance.
    Yoga is getting ever more popular, which means yoga instructors are more in demand than ever—making this another physically rewarding side business idea. Link up with a local yoga studio to teach nightly classes or offer personalized yoga in-home at a higher rate to pursue this kind of emotional and physical balance with others, during your free time while helping your bank balance, too.
    There are many scams out there that will promise you tons of money and financial stability from home. Do not fall for these ploys. The best home-based business is the one you start with your own mind, heart and hands.
    This is basically an employment temp service, but you may be “leasing out” employees for longer stints of time. The advantage to the customer is that they don’t have to get involved in sourcing, screening and qualifying candidates, and importantly, they are not responsible for employment taxes, withholding and reporting. To succeed at this business, you need a strong ability to sell your services and place employees. This can be a “messy” business with employees coming and going, tax filing requirements, and customers to please. However, the upside is unlimited, some employee leasing firms have grown into mammoth enterprises!

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