50 Small Businesses You Can Start On Your Own02/01/2023
Starting small is considered to be the most logical and a powerful step in starting up a business This is recommended most especially for individuals who lacks enough capital and for those who were not born with entrepreneurial genes. These may include licenses, training certificates, business permits, and tax forms depending on which state you wish to operate, the level of care you intend to provide, and whether you plan on running a formal business or just hiring yourself out as an independent worker.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off ( went for $16 Million in 2009 ) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea.
You will be much more successful if you go through the many steps I advise for any other business, including creating a highly detailed and well-though-out business plan, writing out your strategy, testing and experimenting with your marketing, and so on.
The Income Tax School provides an array of training programs that’ll certify you with tax prep in as little as 10 weeks, and once tax season rolls around you’ll be able to charge an average of $229 per return as a freelance tax preparer with this side business idea, reports CNBC.
It may sound harsh, but in my honest opinion and from my own personal experience, I would strongly urge you NOT to start a business at a time when you don’t have a reliable income, don’t have a savings to rely upon and don’t yet know what you want to start.