Even in this digital age, there remains a huge market for independent sales reps who sell the products for a number of different companies to other businesses. You will typically work on a commission basis which means income will start slowly, but established manufacturer’s reps can make a lot of money over the years.
Subscribe to industry publications, join relevant associations, set Google alerts for key industry terms and news and follow other industry experts on social media. Absorb yourself in your industry and continually educate yourself on the latest techniques and trends.
If you want to find a profitable online course idea in the next 3 days, join my free online course Find a Profitable Business Idea today. It’ll walk you step-by-step through the process I’ve used to generate more than $15,000 in online course sales in a single week. Then once you’re ready to start teaching your own online course, I recommend using Teachable, the easiest and most affordable platform to use for creating, hosting and selling your online courses. They also have a ton of free educational resources about how to get started with creating an online course (yes, even as a side business idea) when you sign up right here.
You may love exploring all the fun corners of your hometown, but it might not occur to you to make that hobby a business. This is an especially good idea if you can offer themed tours or other niche tours. Median salary: $23,620.
Using your skills for profit is a common trend with all of the best side business ideas. If you’re an expert at something, there’s likely an audience of people online who would be willing to pay to become an expert in your field—just like you. If you want to take your skills and turn them into an online course that teaches others how to get the same results you’ve achieved in your life, career, or business, start with How to Create an Awesome Online Course on Udemy, where instructor Miguel Hernandez covers how he makes over $90,000/yr teaching online. You’ll learn from more than 8 hours of video instruction.
What a great business. It’s like an apartment building without people, without running water, without heat and without electricity! In other words, money flowing in without the headaches! And with today’s sophisticated lock and security systems, you may be able to operate this business without any staff onsite.
Microfinance Ireland offers loans of up-to €25,000 to both new and existing businesses with no more than 10 employees. Set-up in 2012 by the Irish Government, MFI’s aim is to support micro-businesses that are having difficulty in accessing credit through traditional lending channels such as banks.
In Boston one of the very best high skyscraper restaurant locations was taken over by a banquet facility company. The owner of this business grew up in the restaurant business but decided to build his own business exclusively around banquets. A banquet facility is an interesting alternative to the difficult restaurant business. You get to match your labor and food costs closely to your income. And by having a dedicated space and a tightly focused business you should be able to execute well.
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.
Though this is basically the same as above, it does deserve its own description. Finding someone to regularly watch children during off-hours, like second shift, weekends, or very early mornings, can be extremely difficult for parents. Offering care during off-peak hours means that you can command a higher fee.
Copywriting is the art and science of strategically delivering words (whether written or spoken) that get people to take some form of action. It can range from anything to sales pages, to email marketing, to even quality blog content.
You can make good money at this business but you need great locations that provide enough volume to make it worthwhile to service provide a decent return on your investment. I have even seen some entrepreneurs try selling snacks at companies without any machine at all…totally on the honor system. Still another variant you could do is provide coffee, soft drinks or basic snack food for a company location and try to get the company to pick up the cost as a benefit for its employees.
Whether it be for a client or your own project, you can make a serious business developing apps for mobile devices such as android and ios. You can develop games, utility apps, self-help apps, create your own social networking app, and a lot more.
Hello, I am looking at starting up my business. I have been doing it for over 15 yrs but only part time as i worked as a Professional FF. My clients were all family and friends and there neighbors. I have now moved to a new area and have wanted to start it up but have been hesitant on doing it. Now I have been laid off and fortunately thanks to my wife and her career I am in a position to be able to start it. I already have all of my equipment but what I need is advice and guidance on starting it proper. Like licensing and insurance and the best way to reach out to get customers.
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.
Open a bank account for your LLC. You will need to have your EIN prior to opening an account. Consult your bank of choice about the options on your account that will be best suited to your business needs.
If you are in a climate that consistently gets a lot of snow each year, then this could be a good business. But if the snowfall is inconsistent, you could get stuck with having a nice new snowplow and truck, but no business.
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.
I published a book by Don Dwyer who was the king of the carpet cleaners—having made many millions building a gigantic carpet cleaning business franchise system. This business isn’t glamorous, I remember Don talking about the best ways to get dog urine stains out of carpet, but the demand and the money-making opportunity is huge!
It’s also important to pay your regular debts in a timely fashion. If you get a reputation for stalling on a debt, you could find it difficult to form business relationships in the future. Plus, if you stay current on your debts and pay them as you incur them, it will help you avoid being overwhelmed by cash flow problems if several debts come due simultaneously.
The final piece of the puzzle to setting up an Amazon FBA business is how you get your stock in bulk from the factory to the FBA warehouses. On the surface, it can be very complicated. Every country has different customs processes and Amazon have some pretty complex requirements for how they need your items to be delivered.
But that’s also too simple. What about a teapot that only has one review. Even if it’s a 5-star review I can’t show that higher than a teapot with 100 4.9 reviews. Ok, so I weight the rating in some way by the number of reviews.
Who can be a Statutory Agent? The statutory agent must be a resident of Ohio or a corporation authorized to transact business in Ohio. You may elect an individual within the company including yourself.
Take a few ideas and run with them – by this time of the next year, you very well may have your own successful and profitable online business! Just be sure to report back here and let me know your results!
For many people in suburban areas, cleaning up pet yard waste is a real hassle – it’s disgusting, for one. Instead of cleaning it up themselves, they might hire someone to do it regularly, two to three times a week. There are several such services in our area, actually.
When hiring, make sure you have an in-depth review and interview of the worker. Make sure you get their real information, passports, ID, former work, license and many others that they are truly honest and they are dependable.
This is a good solid service business. But it is competitive, you need to have fully qualified service providers, and you need to look into licensing. No matter how good a service you run, when you deal with the elderly especially there is always legal risk. You can mitigate the risk by incorporating, by getting insurance and by being sure your staff follows accepted medical protocols.
This is a very simple way of taking your ideas and figuring out what is worth your time. As you can tell, you want ideas in the “Golden Goose” quadrant, one where there are lots of potential customers and a high price. Plotting your ideas on this matrix help you to not fall in love with your first idea, something we call “idea one-itis.”