Getting started in the sport fishing charter business may not be as expensive and difficult as you think. Unless you are going into particularly rough waters you don’t need to start with a large cabin boat. Furthermore, you can finance much of your purchase. And if your fishing skills are a little weak, hire a boat hand with some strong local fishing knowledge. In the right location, you can charge some serious money in this business.
While you may first think of wedding planners or reunion organizers, there are many, many types of event planners out there. Some may specialize in parties for young kids, others in large corporate events. Think carefully of a specialty that you could do well in and meet participants in that field, before you open shop.
You’ll need to see if any local or state permits are required and you must follow the U.S. Food and Drug Administration’s guidelines on pet food products. You’ll need a good recipe and a selling point that will make your tasty treats stand out from competitors.
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.
Collaborating with more established brands in your industry is a great way to achieve growth. Reach out to other companies or even influential bloggers and ask for some promotion in exchange for a free product sample or service. Partner with a charity organization and volunteer some of your time or products to get your name out there. In this article, Business News Daily offers some suggestions for rapid growth.
Start planning ahead. Where do you hope to see your business in 6 months? What about 3 years down the road? Life is full of surprises and there’s plenty that you can’t plan for, but setting realistic goals is still an important practice.
Food trucks and food carts are booming! And no wonder! They allow you to get into the food service business with a lot less overhead than a restaurant, and increasingly people are willing to buy more gourmet fare from food trucks.
Everyone wants videos for their website, and corporations and non-profits are willing to pay good money for high quality service. This is a local business because you need to be onsite with your camera.
Decide how to accept payment. You will need to do something to get payment from your clients or customers. You can get something like a Square, which is great for small businesses since it requires the minimum amount of paperwork and the fees are minimal. However, if you feel uncomfortable with technology, you can inquire about a more traditional merchant account.
Transcription work from home jobs involve listening to audio files and typing out what you hear. While some types of transcription (such as medical) require training, it is possible to break into general transcription with little to no past experience. Before you start digging through the companies below, you may want to read this post about what general transcription involves and this post about the equipment transcribers use.
Come up with an executive summary. The first part of a business plan is the executive summary. Once you’ve developed the other parts, describe the overall business concept, how it will be monetized, how much funding you will need, where it stands currently, including its legal standing, people involved and a brief history, and anything else that makes your business look like a winning proposition.
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.
This is one of those businesses that not everyone wants to do, so the profits tend to be above average. Furthermore, you don’t have to collect just by telephone. You can send emails, mail letters and more. Make sure you know all the legal restrictions before you start!
The answers range from original instrumental beats to stock photos that can be licensed to other creators, to information products and templates that help people level up their skills in a particular field.
Do you have an extra room in your house or condo? You could rent it out by the day like the Airbnb model, or you could rent it by the week, or you could rent it by the month. Then maybe you could use the income to help subsidize your expenses as you start another business!
Almost everyone has a skill or three they could put to work to earn money as a virtual assistant. The list of things potential clients might need done for them is endless — writing, graphic design, social media management, internet research, answering emails, etc.
Cover your startup costs. How are you going to finance your business initially? The bank, venture capitalists, angel investors, Small Business Administration (SBA), your own savings: these are all viable options. When you start a business, be realistic. You will probably not roll out of the gate making 100 percent of whatever you project, so you need to have enough ready reserve to fund things until you are really up and running. One of the surest roads to failure is under-capitalization.
Though certainly not for everyone, recycling the containers from products left strewn around on the ground can become a surprisingly decent side business idea if you put in the time. Attending events like street fairs and outdoor concerts can be a great starting place. Put on a clean shirt, jeans, apply your sunscreen, grab a cheap pick-up tool like this one, sturdy plastic bags, and you can sell them for upwards of $4.00/pound on eBay.
#4 – American Express (Read review) only hires work at home customer service agents from selected U.S. States. You must be ready to work a minimum of 40 hours every work. The beginners pay is $16 per hour but as you progress you stand to earn $28 per hour.
I invested in a friend’s prefab home construction once and lost all of my investment when a huge downturn hit the real estate market. Nonetheless this is a powerful business concept. By doing much of the house construction process in a fully equipped, controllable environment, the building process can be much more efficient. Furthermore, by using prebuilt modules, a builder can still construct a gorgeous customized house. You can get involved in this business by building the prefab homes or modules yourself, or as a housing contractor using prefab modules.
If you don’t mind parading yourself around in public places as a side business idea, and enjoy a little attention, then working as a human billboard can pay a surprising amount of dividends. Renting out your beard, for example can earn you as much as $5 a day while having a brand logo tattooed on your shaven head for five years could pay as much as $7,000—though this type of earning opportunity is admittedly rare. This business idea is definitely not for the faint of heart, and is a little extreme for me, but nonetheless it’s been done as a side hustle for many people. You can start by holding a placard or wearing a sandwich board. If you think this is a good side business idea, you can go all the way and turn it into a full on small business idea with enough hard work—plus you won’t have to deal with all the issues other more complex businesses have to constantly think about (like reducing churn).
Ghostwriting pays pretty well, and if you’re talented at researching and creating great content within a certain subject domain, you can quickly build a roster of high-paying clientele with this business idea. Ghostwriters like Jeff Haden have created very lucrative careers for themselves by writing for business executives and CEO’s—and Jeff also started his ghostwriting career as a side business idea outside of his full-time job as a factory manager. Listen to his interview with me on The Side Hustle Project (podcast) right here.
I’ve owned a lot of boats (and even built a couple) and I’ll tell you most boat owners want their boats totally ship-shape! And yet boats tend to get dirty easily! Which leads to a great demand for boat maintenance and cleaning. To make a go of this, you want to have a good concentration of boats in one town, at one harbor or ideally on one dock. So, do a great job (this is a finicky crowd), don’t sell on price, be dependable and you will build word of mouth. I would also do as much work as possible wearing my company T-shirt, when boat owners are around cleaning their own boats…such as on Saturday mornings.
#42 – Buffer is a corporation offering web-based social media administration solutions. The company from time to time recruits web developers, engineers, product or customer support team. Each employ works remotely and can make up to $20 per hour.
Pinch those pennies. Plan to keep purchases of office equipment and overheads to a minimum when starting up. You do not need amazing office premises, the latest in office chairs and pricey artwork on the walls. A broom cupboard in the best address can be sufficient if you can artfully steer clients to the local coffee shop for meetings every time (meet them in the foyer). Many a business start-up has failed by purchasing the expensive gizmos instead of focusing on the business itself.
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.
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.
When I was running my book publishing company I developed a series of books called the Everything series and I negotiated a deal to buy the “everything.com” domain from a company controlled by Microsoft co-founder Paul Allen for over $100,000. The market for good domain names isn’t going away and you can make money trading these names, but I would be careful in putting too much money into names that are “almost” great names.
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.
Write your business description. Describe your business more specifically, and how it fits into the market in general. If you are a corporation, LLC, or sole proprietorship, state that, and why you chose to go that route. Describe your product, its big features, and why people will want it. Answer the following questions:
I’m not as excited about the profit potential from podcasting as some other people are. It just seems to me that everyone is doing it and people generally expect podcasts to be free. But if you develop a strong enough following you can sell advertising or sponsorships for your podcast, then you can build a decent business.
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.
Incidentally, helping others grow their wealth is also a good way to grow your own financial worth as a side business idea. If you have stock market and finance credentials, then you can earn freelance commissions or consulting fees, advising clients on how to get the best returns for their investments as a lucrative side business idea if you can get results for those clients—otherwise this business idea can be the fast-track to alienating friends and family, so be careful.
You can curate products from different suppliers into your own online store under a theme that focuses on a specific niche, like mats for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your supplier who fulfills it on your behalf. However, you are still responsible for your own customer service.
Getting ready for a child is a special time and having a nursery all set up is a wonderful way to get ready. You can really have fun developing striking nursery designs for your clients and make good money by bringing it all together for them.
Maybe you’re looking to supplement your full-time income with a side business. Or perhaps you’re finished with the 9-to-5 and ready to be your own boss. In either case, coming up with a killer small-business idea is the first step on the path to entrepreneurship.
If you are offering pizza delivery you don’t need a storefront at all. You could just get an inexpensive industrial quality space, as long as it is convenient to your customers. Lure your first customers in with juicy offers. Then try to keep them with great quality. But beware that a lot of pizza delivery sales even to repeat customers involve some kind of discount or special offer.
I mean come on, who wouldn’t be interested in this side business idea? Getting paid to take care of a cute pup sounds like a dream. The prevalence of unattended pets is another side effect of busy life, creating job business ideas and opportunities for people with time, patience, and affection to spare. Just check out DogVacay and Rover to see what I mean. Would the payout be worth it if you try? One person in New York earns $3,300 a month just pet-sitting for busy animal lovers as his side business idea.
What’s your favorite color and scent of soap? Wouldn’t it be fun to play around with variations to be make it even better? And then you could take your finished product and go show it off to potential customers!
This is a great part-time business because you decide when you want to work. And except for work requiring licenses, you can decide how much work you want to contract out and how much you want to do yourself.
Car washing or detailing services don’t always need to involve lots of complicated equipment or business acumen. You can set up a simple location where you provide services to customers or you can even travel to clients with your detailing supplies.
Some firms outsource their customer service operations and many of these companies accept home-based contractors. You can start by signing up on freelancing sites such as Upwork to test the waters with this business idea first. If you’re already a CSR specialist with management skills, then you can form and lead a virtual team online and engage clients as a bona fide customer service company or, provide customer service training to such teams as well as individuals.
There are a variety of print-on-demand platforms you can work with, many of which can be integrated with your Shopify store for seamless order fulfillment. However, be sure to always order a sample of your product (often offered at a discount) to make sure your custom products look good.
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.
Investment: The startup costs should be low; you’ll need to create a website and promote your business. If you don’t already have the required skills and experience, you may need to take some training or courses.
To become an officially recognized business entity, you must register with the government. Corporations will need an “articles of incorporation” document, which includes your business name, business purpose, corporate structure, stock details and other information about your company. Otherwise, you will just need to register your business name, which can be your legal name, a fictitious “Doing Business As” name (if you are the sole proprietor), or the name you’ve come up with for your company. You may also want to take steps to trademark your business name for extra legal protection.
A catering service may be a large business serving meals to armies of people at special events. Or it may be a single person business serving dinner to just a few people. Specialization can help build your business. For example, here in New England some caterers specialize in clambakes.
Cigar shops can bring in decent and steady revenue. Better yet the profit margins are good, so you can be very profitable without hitting sky high sales levels. This is a relatively easy business without too many headaches. But choose your location carefully…then roll out your wooden Indian!
Let me be clear. This is not my first choice of businesses to go into, even if you are experienced in the food business. Restaurants are very risky. You need a great location, good build-out which can cost a lot of money, great food and a talented and dependable staff. Furthermore, customers can be fickle-they may love your restaurant one day and then tire of it the next. Restaurant staffing is notoriously difficult. So, while the failure rate for restaurants is high, many that survive become highly profitable.
Many small companies and startups now outsource jobs that aren’t part of their core business (such as HR, admin, and accounting), which makes this skill set a great opportunity for starting a side business idea that engages your number prowess. Because companies always need to track their cash flow, freelance accountants and bookkeepers can really benefit from the increasing demand for part-time help.
Hello from Germany:) My boyfriend and I are considering moving to a small town and we both would like to start a small business (together). Researching some possible business ideas for multi-passionates I found this pearl of a website. Love, how all the informations are on point, refreshing to read and heart-filled. Thank you! Will definitely come back for more tips and advice:)
Most companies that hire for search engine evaluation have multiple projects available to work on, so the exact work you do might vary. However, search engine evaluation in the traditional sense involves analyzing queries that regular people like you and me might type into Google or Bing search and then determining the best possible results to match up to that query so that users have the best experience possible using a search engine.
LiveWorld – Read Review – Open worldwide. Most people start out making between $8 and $10 hourly. The exact amount is dependent on your location. Get paid every two weeks with either a mailed check or direct deposit. Note the job is not always posted on their website.