Coming up with a good idea isn’t a static process; it involves a lot of trial and error. The best way to generate good business ideas is to write and write often. Make lists every day of things that you might enjoy, and try to figure out how you could make money doing them.
Below is a list of some ideas which are very simple to start, and most can be done as a sole proprietorship at first (meaning you don’t have to file any legal documents to get started, though you will want to do that if it starts to take off). Most of these can be done at home in your spare time, and in your spare space, too.
Have a meticulous eye for detail and love to get things gleaming clean? Auto detailing is probably a perfect side business for you. In essence, your job is to make cars sparkle inside and out – and many people are quite happy to pay well for this service.
Got lots of evenings free? Like kids? Babysitting may be a great side business for you. Keep an eye on multiple children on Friday and Saturday nights and you can earn some easy cash over time.
If you enjoy writing, find a topic you’re passionate about and start a website dedicated to covering that topic and anything else interesting you want to talk about. The guys at Compare Forex Brokers started their Forex comparison blog 6 months ago and haven’t looked back since. All you need is a computer, some time, and some energy to consistently write. It can start as a hobby and turn into a business over time. And blog hosting can cost less than $12 per month.
Buying and Selling on eBay
Thanks to technology, there are more opportunities than ever to buy and resell products for extra money. Plenty of people buy local and in-demand products at a discount and resell them on eBay for profit.
Cake and cupcake baking and decorating
Enjoy baking and have a bit of an artistic touch? Learn how to decorate cakes and make them for special events. Sell your creations online via Craigslist or your local neighborhood Facebook page, or at local farmers markets. Many people are willing to pay others to create custom cakes for birthday parties and special events.
Many states allow people to start an in-home day care with minimal licensing and paperwork. If you love children and have plenty of time and space at home, this is a perfect business to get into. All you need is a safe room or two for children to play in, some toys and activities, and a whole lot of patience.
Cleaning Services for Businesses
Many businesses and civic institutions need individuals who can clean their offices and common areas outside of normal business hours. If you’re willing to work some nights and weekends, you can build a cleaning side business and get in shape all in one fell swoop.
These are just some of the many side business opportunities that have grown more common in the past few years. However, there are many more out there already, in addition to some that are yet to be discovered. 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.
Whatever your business idea, you’ll have high hopes of growing and with that comes important financial considerations. Arrange a conversation with the guys at 1300HomeLoan before you decide to fund your expanding business. They’ll take the hassle out of business finance so you can focus on the small business you love.