Many elderly people need assistance with a wide variety of simple household tasks – cleaning, laundry, and so forth. Many adult children of elderly people are quite willing to hire someone to help out their parents.
What’s the upside to an exclusive distributorship? In the mid-1950s, the brother of my grandmother’s third husband was co-owner of a small car repair garage in Brookline, Massachusetts, when he agreed to import a funny-looking new small car into New England. It was called the Volkswagen, and he retained exclusive regional distribution rights for decades to come, making a lot of money in the process.
One of my top employees started a laundry service while in college. He contracted with a local laundry matt who charged him a lower rate for the volume be brought them and made the difference in price. They laundry matt would pick up and drop off the clothes for him so all he needed to do was find the customers. They even paid him online through PayPal. Very low risk yet a great start.
Once you’ve established yourself in any number of freelance verticals online, spending your time focusing just on doing inside sales (booking freelance contracts with high-value clients) and then subcontracting your work out to other freelancers can help significantly grow your client list, and revenue generating possibilities with this business idea.
Years ago, my Great Aunt Betty made a lot of creative craft items. For a while, she sold them through a small shop on her property; she also sold them directly to stores. For example, I remember her taking her handmade basket-type pocketbooks to be sold at Bonwit Teller’s, once one of Boston’s most prestigious women’s stores.
There are a lot of seasonal products you can choose where you can earn good amount of money. You can sell flowers and chocolates during valentine season and sell seasonal foods during summer. You can sell school supplies before the school year starts and sell all sorts of gifts during December.
Many people give up on their faulty laptops, mobile phones, or cameras without even looking into the cause of their malfunctions. If you have the skills to fix them, consider pursuing this side business idea of refurbishing and reselling used electronics in your free time.
An exclusive distributor, on the other hand, typically has much higher gross profit margins and may sell goods to wholesalers as well as directly to retailers or end industrial users. Sometimes the exclusive distributor imports a foreign product.
I was thinking about starting a lawn mowing business, however I am more interested in managing the business than actually doing the work. I was wondering if it’s possible to have people work for you and it being successful.
Cooking classes are a hit among the urban masses because food is something that appeals to everyone. As a professional cook, you can conduct cooking classes both online and offline. For the former, you can either use a platform like YouTube and Facebook or launch your own website to serve the same purpose. For either way, the cost is a bare minimum. For the latter, you can book a studio on the days you wish to conduct the classes, which again works out to be fairly cost-effective, taking the selected number of hours and days into account.
I am currently sitting in my co-share work space and beside me sits a green potted plant about 15” in height. Every day or two, the commercial watering service person comes by and pours a little water on the plant. Once a week or so, the service person may take out his plant clippers, and trim a leaf or two. Wow! I think I could master this work! And I bet you could too!
So you’ve got the knack for baking? Why not make a business out of it? If you can make tasty fluffy cupcakes, try to promote them on social media, on your friends, and relatives. If you can put your hobby to the next level, you might want to bake personalized cakes for birthdays, weddings, and other occasions.
But even if you don’t need an EIN, get one anyway: It’s free, takes minutes, and you can keep your Social Security number private and reduce the chance of identity theft, because if you don’t have an EIN, your SSN identifies your business for tax purposes.
If your social media postings develop a large enough, or a specialized enough, following you may be able to earn money as a social media influencer. There are social media influencer platforms you can get listed on, and there are advertising companies hired specifically to promote company brands via social media influencers.
A lot of car repairs don’t require a car lift and you can do them at the customer’s location. Not only does it eliminate the cost of owning a service bay, but it saves your customer the time to drive and wait at a service station.
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.”
I love wine bars! There is even a successful wine bar in the small village on Cape Cod where my summer house is. How did it become successful? The owners found a location near the center of the village but at a low rent. They started with a very limited food menu but eventually expanded it to become a full-service restaurant. They also offer live music on most nights. Beware that many customers expect truly exceptional wines at a wine bar.
Start by creating a blog. Very little overhead is involved and more importantly it will help you discover your passions. By starting a business focused blog you can start to not only share your interests with the world but begin to discover your interests on a deeper level, which is extremely important early on. Also, producing content gives you a vehicle to connect with others in the space.
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.
While we all applauded the efforts of Mahavir Singh Phogat in Dangal, not everyone can receive critical acclaim as a coach by training members of their own families. To this end, people with a history in a particular sport, who have both worked in it, around it, and understand it to the bone, should look to coaching amateurs in the same. Their experience and expertise at a sport will help build their brand value and catch the attention of the various sports academies looking to hire independent coaches for particular seasons. They should even look to cater towards aspiring sportsmen who wish to receive professional training from an independent coach instead of enrolling themselves in an academy.
Let’s pretend that I am the Amazon algorithm, and it’s my job to choose what we show people who are using the site. Imagine someone searches for a teapot. How do I choose from the hundreds of teapots which ones to show the user?
Are you an extrovert that loves meeting new people? Selling insurance products—particularly life insurance—may be a great way to bring in some extra cash and build residual income in your spare time. Selling life insurance on the side could quickly generate a consistent $1,000 – $2,000 per month depending on how much time you invest in this side business idea. To get started you’ll likely want to take an online course to brush up on the subject matter, and then pass a state licensing exam. The biggest challenge you’ll face as a new agent is generating sales beyond just helping out friends and family. From there, it’s all about networking and lead generation to grow this one. Learn more about this side business idea with this getting started in life insurance guide from the team over at NoExam.
To keep things simple, though, I’d recommend creating an ebook. You really can’t go wrong with the trusty ebook, as it’s a fantastic way to provide your audience with quality content, introduce them to your brand, and establish yourself as an expert in your space.
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.
Once you have narrowed down your search to your favourite 3 or 4 factories, ask them to send you out a sample. Some places will send you one for free, others will charge you but then take the cost off any large order you eventually make. A few will ask you to pay full price.
Investing time into proper planning is key to turning your dreams into reality. Operating a small business is not just about working for yourself or working from home, it’s also about having the necessary management skills, industry expertise, technical skills, finance and of course a long-term vision to grow and succeed.
Shopify and Squarespace each offer a 14-day free trial of their services, which is more than enough time for you to get a basic version of your store up and running as a test. Other sites like Big Cartel allow you to use their service for free if you have fewer than five product listings.
Be sure it’s unique. Whatever your idea is, be sure it’s as unique as possible. This will help you eliminate or significantly combat competition, which will make your business more successful. Simply putting a small spin on a currently existing product (making blue Red vines or something like that) is not usually enough to build a business on, so push the envelope!
This is not my favorite business on this list but I feel compelled to list it because it is so popular. So why is it not my favorite? It tends be very competitive, hard work and relatively low profits. So, if you do go into this business I would do everything possible to differentiate your business and to be able to charge premium pricing.
It takes a very thick skin to go into this business, but debt collectors only need a telephone and a computer to work, making it a great work-at-home business. It’s also a recession-proof (or even recession-loving) business. Licensing requirements vary from state to state, so make sure you do your homework before setting up shop. Median salary: $31,300.
Facebook continues to expand and grow. Therefore businesses are spending more on Facebook ads. But here’s the problem: a lot of old school businesses don’t know what they’re doing when it comes to Facebook ads. Even newer companies don’t have the time it takes to learn the ins and outs so that they get the most return on their Facebook ads investment.
Hello Mrs Nellie Akalp and everyone else. I came across your website and this bottom comments section which I read through and was really glad to read up on the points about registering your business name. From personal experience due to me being a web developer and also an advisor on web related business ventures I would like to state that it is a very important factor to not only register your business with your county and also making sure you do your dba as well. As for those who ask which cms is best to use, I would suggest to start with wordpress woocommerce if you are starting out, as you may be already well informed shopify is also a known cms which helps a lot but that will be based on how much you want to spend in the beginning stages of your online business. So its advisable to start with wordpress woocommerce and build up. If you need more info feel free to drop me any questions here or via my email, im in los angeles north side of it.
Don’t be tempted to start a retail store just because you find a cute, affordable space to rent. Location means everything in retail, and a good location usually costs a lot of money. I would spend several days sitting in front of a potential retail location with a counting device, counting cars and pedestrians walking by, before I’d even think about signing a retail lease. Then if you do get a great location, take full advantage of it with great signage and an enticing storefront.
People get into this business thinking it is a totally passive way to make money and then they find out—they actually have to do some work! Heavily used washing machines and dryers can break down, and the laundromat will need to be cleaned constantly. That being said people need clean clothes so this is a classic steady income business!
As you embark on your new side business or “side hustle,” remember that you are only limited by your own imagination and skillset. Don’t be afraid to be creative, and don’t let anyone tell you that you can’t succeed.
People with wood burning stoves and fireplaces need wood to burn and they love to have it delivered, all cut up into bite-sized pieces! They don’t want to have to carry logs around, they don’t want to get their nice car dirty and they don’t want to split up logs.
Skilled at basic home repair? Let people know that they can call you for small repair jobs like basic plumbing, fixing a broken stair, and other things. You’d be amazed at the simple things people are willing to pay others to help them with.
Hi Ryan, I know it can be intimidating when you first venture out into the world of working for yourself, but I guarantee the fear of the trip is worth it. I got a lot of info here, so if you can ask a more specific question I’ll be happy to help you out.
Although I found it difficult to sell new bicycles out of my house, I found it a snap to sell used bicycles. In fact, the summer I started Bob’s Rent-A-Bike I found I could buy used bicycles at the beginning of the summer, rent them out all summer long, and then sell them often for more than I paid for them at the end of the summer!
Always start small, meaning start online, and only produce what you are sure you can sell. You can always make more if demand increases. Start by marketing yourself on social media, and start a virtual store front on a site like Etsy or eBay.
The first step toward starting any successful California business is planning. Launching a business without a business plan is like shooting a major Hollywood production without a screenplay — it’s bound to go haywire. Among the things you’ll cover in your business plan are:
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.
“We were really passionate about this new technology, and we saw an inflection point, where growth was just about to take off,” he says. “Wanting to leave an unchallenging job, or any particular boss, was never the motivation.”
I’ve known several people who have made money rehabbing apartment buildings and houses. One friend works full time as a stockbroker, another ran a multimillion-dollar employment agency, while the third made rehabbing his full-time business.
Are you an audiophile? If you have a great sound system and a large selection of music, you’ve already got what you need to hire yourself out as a DJ for various events and receptions. This is a great way to fill an afternoon or evening while also earning some cash in the process.