Obviously some of these small business ideas have more earning potential than others, but what they all share in common are relatively low barriers to entry and the flexibility to work at them for a limited amount of time per week. I also tried to focus on side business ideas that have some sort of online component to them, since that's what I love most.
I’ve actually fielded requests from others looking for people willing to do this, so the demand is out there. To put it simply, some people are willing to pay others to get a vegetable or flower garden started for them in their yard so they can have access to ultra-fresh produce without all the legwork. If you have a green thumb and some knowledge about the vegetables that grow well in your area, this would be an easy business to start.
If you’ve got a camera and some basic Photoshop skills, photography can become your side hustle. If you like taking pictures of your city, you can sell your photography to your local publications such as city newspaper or blog. Sites like Foap allow you to sell your phone pictures on their platform and you can earn money with every photo you sell. If you’d rather not make money with your pictures, you can add your photography to products like canvases, t-shirts, and phone cases to make even more money. And if that’s not enough, you can even seek clients to venture into wedding photography, pet photography or product photography.
Use a platform like ACX to create and sell audiobooks on platforms like Audible and iTunes. If you have a great idea for a non-fiction audiobook where you can teach a difficult skill like stock trading, foreign currency investing, accounting, online marketing or others, you can easily create a five-figure monthly income with the right volume of audiobooks.
While the barriers to entry for a retail shop can be very high, one way to keep costs down and limit your time investment while you keep your full-time job, is to set up a weekend popup shop as a side business idea. More of whatever it is you’re selling—donuts, clothing, antique baseball cards, or anything else—will stay in your pockets instead of going to pay for operating expenses such as rent or utilities by choosing to pursue retail as a side business idea with a short-term rental. This guide from Shopify will give you a step-by-step process for getting your popup shop off the ground.
From crafting to home repair to website design and more, if you've ever wanted to turn your hobby into a business and watch your passion generate cash, Running a Side Business is the book for you. Packed with tips, legal resources, start-up success stories and USA TODAY snapshots and infographics, you'll learn the life cycle of a business and get answers to important questions along the way. Find out how to:
If you had a knack for standardized tests and had no trouble acing the SAT or ACT, you’ll find that many parents are eager to shell out upwards of $100 an hour for the right tutor to help their kids gain entrance to the college of their choice. Begin with this checklist for starting an SAT tutoring business and look into taking the route of tutoring student for their regular coursework, which will net you closer to $17 an hour. If you’re a credentialed teacher, or have special certifications, you’ll be able to charge much higher rates for the right students.
With more of us working fewer hours and with a resulting earnings gap to close, there's arguably never been a better time to set up a business you can run in your spare time from home. Whether it's to help make ends meet, or to follow your passion, or maybe even both, we've asked the experts to come up with 50 practical and cheap ways to make some extra cash.
In this economy, it’s more conceivable to develop multiple streams of income than it is to earn more money from a single job. Given the number of people losing their jobs, this may be a safer tactic as well and a side business can be a good way to do this. Whether you want to keep it simple as just a source of extra income, or develop it into a full-time business, the choice yours.
Remember, side hustling is also about the time/money tradeoff, so it’s up to you to decide how much time you are willing to trade today to make more money to invest in the future. But, just like saving, I viewed the time I was prioritizing for my side hustles, as an opportunity, not a sacrifice. When I was hustling super hard, I did have to turn down offers to hang out with my friends or go to certain events.
Working a side hustle is a great way to generate extra income, regardless of why you need it. If you're behind on savings (whether of the emergency or retirement variety), and your living expenses currently eat up your entire paycheck, then taking on a second gig could be the least painful means of catching up to where you need to be. (Your other choice, for the record, is to seriously cut back on your existing expenses, which could result in some serious lifestyle upheaval.)
I surprisingly get a lot of people asking to detail their car. I never intend to make a business of it, but I love doing it to my cars and people ask me to do it to theirs. All it takes is a cheap orbital buffer (mines a used craftsman) and a shop vac. I normally get easily $100 for a basic wash/wax/vac, or $200 to remove scratches and polish then wax the car.