how to start a business guide | what you need to start your own business

If you’ve developed valuable skill sets or certifications within your industry over the years, consider putting your skills to use in your free time by offering your consulting services to local business owners as a potentially lucrative side business idea. Whether you’re an expert marketer, business strategist, or manufacturing aficionado, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company—if you can craft an effective cold email that convinces them to hire you. Start with this 18-step checklist to becoming a local business consultant as a side business idea, from Karyn Greenstreet. When you’re ready to get serious about becoming a consultant, check out all of my picks for the best online business courses to keep building your skills and learning how to land your first consulting clients. Personally, I think this is one of the best business ideas you can get started with today.
Now we come to crunch time — assigning specific dollar amounts to your lists. This process is always going to be a best guess, but be realistic and use past experience, research and advice from other entrepreneurs to guide your cost estimates. Organizations such as SCORE and your local Small Business Development Center or Women’s Business Development Center can provide free and valuable advice about how to calculate your start-up costs.
Obtain a FEIN. Your Federal Employer Identification Number (FEIN) is a tax ID assigned to you for your business. It is required to open a checking account and to facilitate other financial transactions like opening a credit account with a vendor.  Obtain your FEIN here. I like to refer to it as your business’s social security number.

As part of your marketing, you can share the impact that your customers are having by supporting your business, such as a blog post covering your work in the community or a real-time impact calculator on your website.
Someone out there is remodeling their kitchen and needs to know which shade of granite will match best with mahogany flooring. That someone will often be happy to pay you for your advice, especially if you’re the kind of person that subscribes to websites like Contemporist and you have the motivation to turn this business idea into a money-making enterprise.
Although TeleTech offers many customer service jobs at call centers across the U.S., the company also hires at-home workers. Just look for the listings with “work from home” or “Remote” under “Location.”
I like anything that is custom because it allows you to distinguish yourself with great customer service, and provides some upside for pricing. Offering this kind of service online means you can set your own hours and start the business part time.
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…
Companies these days are expanding their office boundaries to incorporate the idea of working from home. These companies offer employees flexible working hours, better pay and freedom from office walls. Even though the internet is flooded with many online jobs, there are some that offer better pay. Here is a list of companies that pay $16 per hour or more to work from home. If this pay isn’t enough, I suggest this list of companies that $20 per hour or more.
To succeed at this business, I would carefully perfect a few interesting smoothies drinks. Then I would search hard for a location with very high foot traffic location. I would much rather have a tiny location with lots of traffic and high rent per square foot, than a much larger location with the same total rent but less traffic.
You might excel at search engine evaluation if you’re great at internet research, up on pop culture, media, current trends, and you know your way around the computer. You do not necessarily need any past experience to do these jobs, but all of these companies will require you to complete a rather lengthy test prior to accepting you.
The market for daycare is gigantic! Of course, you can start in your home or in the workplace. Corporations may consider providing you with free space if you provide day care for their employees’ kids. Safety and licensing are essential for this business. You can quickly build a steady income and a valuable business.
Federal: The federal licenses and permits page on the Small Business Association’s website outlines all the business activities that call for special permission from the federal government, and directs you to the proper agencies. They also have a decent article on business taxes, but the best place to learn about this is on the IRS website.
With nearly 100,000 different custom extensions both free and paid available in Google Chrome’s marketplace, there’s a huge opportunity for creating a useful extension for people to use while browsing the web as a low effort business idea. One of my favorite Chrome extensions, Yet Another Mail Merge, which enables you to send bulk customized emails from within Gmail, gives you 50 free credits to send emails and gives you the chance to upgrade to a paid account to unlock more sending—a great upsell for the people who are getting value from the extension. Even free Chrome extensions like SVRF Tabs by SVRF, which replaces your new tab with stunning VR and 360º images, have the potential to bring in new users and eventually drive revenue for the startup’s core business. Another fun example from a friend of mine, Kathleen Garvin, is Hide images with NOPE, a Chrome extension that hides images on the web pages you’re browsing—to help eliminate distractions and keep you from seeing images (like those of certain politicians) that you may want to hide. This side business idea is particularly great because it also allows you to showcase your development skills—which can be put to work as an adjacent side business idea on a freelance basis alongside the Chrome extensions you launch.
With the right location and careful buying you can have a nice income from your floral shop. But the big upside will be special events such as weddings, funerals, etc. I’ve also came across a floral shop crossed with a coffee shop which I thought was a clever variant.
As a translator, you would be converting one language into another language via either spoken word, written word, or audio. This is a work from home job many people are able to do from that can additionally be very, very flexible and of course non-phone.
There are aspects of your business that you can always salvage if you try a different product or approach. The brand you invest time into creating and the followers you amass on social media or in your email list can be assets you repurpose for your next business idea.
Television repair is not a dying business. Consumers don’t want to throw out their TVs at the first time of trouble. Furthermore, if you start this business you may want to expand into related businesses such as servicing computer monitors.
Looking for work from home jobs that don’t involve the use of a phone? Many people are — most often because of the “no background noise” requirement most phone jobs come with. Kind of hard to abide by that when you have kids and/or pets running around during the day! Fortunately, you do have lots of options!
Please invest 2 minutes of your time to watch the business startup Dubai video below. It spells out how you can benefit. Or if you prefer to read, then feel free to skip the video and go straight to the text below:
Wedding planning could be good fit for someone who has experience in party planning, event coordination or hospitality. Strong organizational and communication skills, the ability to work weekends and patience are necessary.
This is like a simplified version of a flower delivery service, but without an inventory that is constantly becoming obsolete! Plus, balloons suggest fun and light-hearted cheerfulness, perfect for many occasions!
While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity, and motivation can earn a side income doing things like designing (and selling) images like these motivational quotes that can be printed onto posters and sold on platforms like Etsy. Or you can find a local startup, small business owner, or photographer who could benefit from some extra help designing or altering images.
If you no longer wish to conduct business with your LLC, it is important to officially dissolve it. Failure to do so in a timely fashion can result in tax liabilities and penalties, or even legal trouble. To dissolve your LLC, there are two broad steps:
So you want to be an entrepreneur. Maybe there’s something you’re really knowledgeable and passionate about, or perhaps you think you’ve found a way to fill a gap in the marketplace. Wherever your interests lie, it’s almost guaranteed that there’s a way to turn it into a business.
Launch your product or your service. When the product is all built, packaged, coded, online, and ready to sell, or when your services are fully worked out and ready to go, hold a special event to launch your business. Send out a press release, announce it to the world. Tweet it, Facebook it, let the word resound to all corners of your market—you have a new business!

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