If you want to earn extra money after leaving work or are in between jobs, working for a delivery service, such as Uber, Lyft, Grubhub or DoorDash, can help. While it's not necessary to create an LLC for your side job, it can be worth it to protect your personal liability. In addition, there are many monthly costs (maintenance, insurance, fuel) that you could deduct from your taxes. Some of the easiest home-based businesses to start include a dog walking business, an Etsy store, and a tutoring business. These three companies have low initial costs and low ongoing costs.
We've explained how to create a remote cleaning company, we've shared other online business ideas that can be managed remotely, and we've provided advice from a highly successful business owner on how to start a cleaning business without cleaning. Once you've written your resume, you can expand your business to include writing cover letters and even offering career guidance services along with these services. While you may want to invest in some analysis tools and software, these costs are minimal compared to the costs of starting businesses that require a lot of equipment, space, or inventory. With a business credit card, you can get benefits and rewards for your expenses, as well as start building a business credit history.
We've already mentioned dropshipping several times, but this is such a great online business idea that it's worth mentioning again. If opening an online store seems like a big investment of time and money, consider starting a dropshipping business. With the rise of technology, for example, you're likely to be more successful starting a virtual assistant business than opening a grocery store. A cleaning service is one of those rare business ideas that is equally viable in rural areas, small towns, large towns and large cities.
These home business ideas provide you with a few more business options that can be done from home or online. As you move forward, you'll notice that some budget-based initiatives make it easier than others to advertise products and services for small businesses. If you want to run a boarding center for dogs but live in an apartment without a backyard, you might want to consider a dog walking business. And as drivers keep their cars longer, businesses such as car washes, which help people maintain the value of their investment in cars, are expected to continue to grow as well.
The volume of data available to companies has exploded over the past decade, and so has the need for people to understand data. However, a fundamental step (which first-time entrepreneurs often forget) is to decide what software can help you be more efficient as your company grows. If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents, and make professional recommendations about their clients' results. Joe's Electronics Repair started with just a few hundred dollars and within five years grew into a seven-figure business.
