14 Dinner preparation "I recently met a woman who earned quite a bit of money as a very part-time chef," says Hamm. "Once a week, she would go to someone's house and prepare a homemade meal for their family, then do all the dishes and cleaning up. This gives the family plenty of together time, while earning her some cash in hand." If you love to cook, this can be a great extra earnings opportunity, but be prepared to put some effort into finding your customers.
15 Become a DJ It goes without saying that you need a deep love of music and an extensive collection of tunes before you can even consider DJing, but as much of the work is at evenings and weekends, it could make a perfect side business. Be ready to cater for a range of crowds and musical preferences, not just your passion. Learn the ropes by concentrating first on weddings and birthday parties or by doing roadie work for an established DJ, which will gain you useful contacts.
Create a formal business structure. Even if you're just starting a side business that you don't think will ever grow large enough for you to quit your main job, you still need to treat it as a serious business and follow the necessary formalities to keep it separate from your personal income and assets. In the United States and many other countries, you have the option of organizing your side business as a corporation, a limited liability company (LLC), or a sole proprietorship.
If you plan on launching an eCommerce startup, eBay is also a great way to test the waters with your business idea. Before launching his vintage T-shirt business Defunkd, James Applegath sold his vintage tees on eBay, as a way to determine if there was a market for the business. “EBay and other marketplace platforms are an excellent way to test how your business will perform prior to launching a startup,” he says, and adds that the funds you generate through this avenue will also help you in starting your business.
This article is excerpted from U.S. News money senior editor Kimberly Palmer’s book, “The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life,” which was released this month. Copyright © 2014 Kimberly Palmer. Published by AMACOM Books, a division of American Management Association, New York, NY. Used with permission. All rights reserved
Anyone can start a blog, but monetizing it is a different story. However, if you are experienced and passionate about a certain subject, or have an existing blog that you can turn into a money-making endeavor, consider focusing your energy there. Blogging can be a great way to turn your passion into a side business, and blogging is—you guessed it—incredibly flexible. With no time constraints, the ability to work for as long or as little as you wish, and the freedom to work from virtually anywhere, blogging is an excellent side business option.
An acting classes business provides group or one-on-one classes in acting for adults or children. As the owner of an acting classes business, you’ll provide training, coaching and support to those who are considering getting into the acting business or those already in the business who would like to improve their chances of landing a role. Most business owners in this field will want to find a niche. For instance, you might work with children, or with a career-oriented adult audience interested in stage acting, film, commercials, voice-over work or other areas of specialization.
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 enjoy graphic design and love creating unique pieces of art, then this side business idea could be perfect for you. You will need to work with a range of color palettes and use different fonts to your advantage. Look into providing your services for weddings, business events, parties, and really anything that needs professional, eye-catching invitations.
A jam business makes different flavors of jams and jellies, which are packaged into jars for distribution. Businesses may sell their jams to customers directly, or they might sell to retailers. These spreads are put on toast, used in cookies and cakes, and incorporated into many other foods. Jam businesses make different flavors of jams and jellies, which are sold to customers either directly or through retailers.
Suzanne lives in Texas and has been a full-time freelance writer for 20 years. She’s written for numerous business and financial publications, both online and in traditional print media. She also owns her own small business and has a passion to help others achieve their dreams of financial independence. Her goal is to eventually work from a remote island that is equipped with Wi-Fi.
Taking the Internet by storm, dropshipping is an eCommerce model that allows online entrepreneurs to open online shops without any upfront investment. The basic idea behind this concept is that you find a profitable product idea, set up an online store and partner with a supplier who handles the inventory, packing, shipping, and returns for you. You don’t need to buy the products in advance – once you receive an order online, you pass the request to your supplier and take a cut on the margin. It’s a passive income technique that has a lot of potential and has already made many online entrepreneurs richer than they ever expected to be.
A proofreader reviews the written word in its various forms for clients and corrects for spelling, punctuation, and typos. To start a proofreading business, you must have a strong command of language usage, spelling, and punctuation. Depending on your clientele, you might be reviewing and correcting the language used in books, magazine articles, web content, ads, packaging, student assignments, or virtually any other vehicle of written communication.
Not to be confused with hoarding, this business idea takes a lot of time, patience, and passion. If you have an eye for good art, it’s easy to get in on the ground level by visiting the studio department at your local university—though don't expect to get rich overnight with this side business idea. Many art students are more than happy to sell their work for a bargain, and in as little as a few years, there's a chance that piece you bought for a couple hundred bucks may be worth well into the thousands. Beware though, this business idea will take a whole lot of patience (and storage space for all that art).
Are you a master of digital photo editing? Do you have a passion for history and family stories? A photo restoration service combines all your passions while helping your customers rediscover and preserve their past through transferring beloved snapshots, photo albums, and old wedding images into a digital format and repairing damage caused by time and light.
I would like to try several of the ideas.I would like to meet with you(as I’m sure so many others would) I have had similar ideas in the past.I don’t know if I have enough space to say all that needs to be said.Besides you would not get a feel of my true personality,which may be the #1 factor.To be totally honest money is not my main motivator.Helping people,to see someone do well for themselves,and get out of then caring and then to pass it on to others. THAT’s THE JOY!!