Starting A Small Business
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| Photo by Tim Mossholder on Unsplash |
10 Steps to Starting Your Small Business
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| Starting A Small Business |
These are 10 steps to starting your small business:
1. Conduct Market Research
Market research will tell you if there’s an opportunity to turn your idea into a successful business. It’s a way to gather information about potential customers and businesses already operating in your area. Use that information to find a competitive advantage for your business.
2. Write Your Business Plan
Your business plan is the foundation of your business. It’s a roadmap for how to structure, run, and grow your new business. You’ll use it to convince people that working with you — or investing in your company — is a smart choice.
3. Fund Your Business
Your business plan will help you figure out how much money you’ll need to start your business. If you don’t have that amount on hand, you’ll need to either raise or borrow the capital. Fortunately, there are more ways than ever to find the capital you need.
4. Pick Your Business Location
Your business location is one of the most important decisions you’ll make. Whether you’re setting up a brick-and-mortar business or launching an online store, the choices you make could affect your taxes, legal requirements, and revenue.
5. Choose A Business Structure
The legal structure you choose for your business will impact your business registration requirements, how much you pay in taxes, and your personal liability.
6. Choose Your Business Name
It’s not easy to pick the perfect name. You’ll want one that reflects your brand and captures your spirit. You’ll also want to make sure your business name isn’t already being used by someone else.
7. Register Your Business
Once you’ve picked the perfect business name, it’s time to make it legal and protect your brand. If you’re doing business under a name different than your own, you’ll need to register with the federal government, and maybe your state government, too.
8. Get Federal and State Tax IDs
You’ll use your employer identification number (EIN) for important steps to start and grow your business, like opening a bank account and paying taxes. It’s like a social security number for your business. Some — but not all — states require you to get a tax ID as well.
9. Apply For Licenses and Permits
Keep your business running smoothly by staying legally compliant. The licenses and permits you need for your business will vary by industry, state, location, and other factors.
10. Open A Business Bank Account
A small business checking account can help you handle legal, tax, and day-to-day issues. The good news is it’s easy to set one up if you have the right registrations and paperwork ready.
Starting A Small Business From Home
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You just have to find the solution for a problem in your own life."
If you’re like Brian and you’ve already thought about a solution for a problem you encounter in your life — or you’re on the path to doing so — then starting a small business may be in your future. It may also be for you if you dream of clocking out of your nine-to-five job for the last time and becoming your own boss.
The first step to becoming a successful entrepreneur is finding a business idea that works for you. In this article you’ll walk away with dozens of small business ideas you can start from home and scale up as your clientele grows.
Best Small Business Ideas
Best Small Business Ideas:
1. Handyman
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| Photo by Annie Gray on Unsplash |
Are you always fixing things around the house? Often on-call when friends need small projects completed? Create a website, conduct a competitive analysis to determine what your time and expertise are worth, and turn to the friends you’ve helped before for referrals.
2. Woodworker
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| Photo by Barn Images on Unsplash |
Similarly, if you have a passion for crafting beautiful furniture or other home goods out of wood, that could be a small business niche for you. Get started by listing a few of your pieces on sites like Etsy. Once you build a following, consider starting a website, accepting custom orders, or expanding to refinishing work and upholstery.
3. Online Dating Consultant
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| Photo by Austin Distel on Unsplash |
Dating consultants usually charge for their time. They help people create successful online dating profiles, source possible matches from outside the typical online channels, and offer a level of personalization that a site like Tinder can’t. Think you’ve got a knack for the match? This might be the business for you.
4. Sewing and Alteration Specialist
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| Photo by tata toto on Unsplash |
People will always need clothing hemmed and buttons mended — and you could be the person to do it. If you love sewing, start by offering simple services like those mentioned above and expand your repertoire to dressmaking and design as you build a customer base and demand.
5. Freelance Developer
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| Photo by Paige Cody on Unsplash |
From building websites for other small businesses to providing technical support for certain projects, quality web development is in high demand right now. As a web developer, you'll naturally have a technical skill set.
Distill your knowledge and expertise so customers who don't have your experience are able to understand what it is you'll be helping them achieve.
To help with this, test your messaging on friends and family who don’t have a firm understanding of the work you do. If they’re able to summarize what you do, your messaging is likely effective among people outside of your industry.
6. Personal Trainer
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| Photo by Jonathan Borba on Unsplash |
Offer in-home consultations, personalized nutrition and exercise regimens, and community boot camps to get the word out. Don’t forget to populate an Instagram feed with inspirational quotes, free exercise videos, and yummy snack ideas as well — it’s a common way for fitness gurus to build their brands in our digital world.
If you choose to go this route, it’s OK to start small at first, then scale up. For instance, MOURfit is a personal training business in Indianapolis that started in a shared gym, then grew to a private gym that offers group fitness, personal training, and nutrition services.
7. Freelance Graphic Designer
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| Photo by Timothy Exodus on Unsplash |
Set your own hours, choose your projects, and build a portfolio and business you’re proud of. From website design to blog graphics and more, many companies seek out experienced graphic designers for support on a variety of projects.
If you’re just starting out with graphic design, try these eight tips and tricks that are ideal for beginners. If you’re more experienced but need to build your portfolio to attract clients, these prompts will get your creativity flowing in no time.
8. Life/ Career Coach
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| Photo by Clark Tibbs on Unsplash |
If you have experience navigating career, personal, and social transitions successfully, put it to good use as a life or career coach. Many of us are looking for guidance in our careers — and finding someone with the time to mentor us can be tough.
Life/ career coaches don’t come cheap, but they are able to offer clients the intense and hands-on training and advice they need to make serious moves in their personal and professional lives. After all, everyone needs some uplifting advice from time to time.
Looking for inspiration? Nariah Broadus has dedicated more than 20 years to helping people create better working environments and navigate change successfully as a career and leadership coach. Check out her story for more inspiration to get started with this small business idea.
9. Resume Writer
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| Photo by Kaitlyn Baker on Unsplash |
Creating a resume, cover letter, and — when necessary — portfolio for a new job can be tough and time consuming. That’s why many people hire help. Assist clients with tailored resumes, beautifully edited cover letters, and carefully-crafted portfolios that make it impossible for employers to ignore.
10. Freelance Writer
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| Photo by Darius Bashar on Unsplash |
If you have writing skills, there’s someone out there willing to pay you for them. Write blog posts, magazine articles, and website copy galore — just make sure you have a body of work built up to share with potential clients.
Even if you create a few sample pieces to have on hand, they’ll help exhibit your work and attract new business.
11. Translator
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| Photo by josue rosales on Unsplash |
Speak a foreign language? Start a translation service. Consider specializing in a specific genre of translation, like medical or financial translation, as you might be able to fill a niche need in your community.
12. Garden Designer
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| Photo by Hao Pan on Unsplash |
Many people have the willingness to do the dirty work in their backyards, but few have the know-how to complete the first part of this process — designing and planning the backyard space. Draw up the designs for your clients’ outdoor spaces and let them do the actual digging.
13. Ecommerce Store Owner
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| Photo by Laura Chouette on Unsplash |
Do you create, collect, or curate anything special? Consider starting an ecommerce store and turning your hobby into a full-time job. Whether you need somewhere to sell all that pottery you’ve been making, or an excuse to search for the sports memorabilia you love tracking down, an ecommerce store can make it financially viable for you to pursue your passion.
14. Landscaper
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| Photo by Remy_Loz on Unsplash |
Mowing, tree-trimming, and seasonal decor are all neighborhood needs. If you have or can acquire the equipment, a landscaping business can be a lucrative affair.
15. Videographer
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| Photo by Jakob Owens on Unsplash |
Video production requires you to have invested in the equipment up front which can be quite expensive. But that’s also what makes your services so valuable. Make sure you have a reel of your work to share or create a website with several selections of your work available for interested viewers.
To learn more about the art of videography, check out The Ultimate Guide to Video Marketing.
16. Photographer
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| Photo by Jakob Owens on Unsplash |
Start by conducting photo shoots for your family and friends. As you build a body of work, ask for referrals and reviews. Photography businesses often grow by word of mouth, so create a Facebook page where you can tag recent clients.
Videos that you tag those clients in will show up in their friends’ newsfeeds where they can view your work. You can also ask them to leave reviews on your Facebook business page.
If you’re not sure where to start with freelance photography, take a look at Erica Clayton’s journey into the business. Her advice? Give yourself a firm deadline to turn a profit.
17. Travel Planner
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| Photo by S Migaj on Unsplash |
The time of the travel agent might be passing, but people are still looking for those with a knack for more nontraditional travel coordination.
If you always plan the perfect vacations complete with beautiful hotels, the ideal location, and a bevy of delicious restaurants lined up for every evening, consider advertising your services as a more modern approach to travel planning.
18. Car-Detailing Specialist
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| Photo by Vincent Ghilione on Unsplash |
The devil is in the details and you can be too. Car-detailing services that travel to the client are convenient for busy people who can’t find the time to run through the car wash. With this business, your clients only have to pay and the service will be done for them before they know it.
Just make sure you have the flexibility, transportation, and equipment to take your business on the road.
19. Home Inspector
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| Photo by Taylor Harding on Unsplash |
Working as a home inspector requires a certification and a great deal of expertise, but it can offer a flexible work schedule and stable income. Confirm the licensing requirements in your state before getting started with this type of small business.
You’ll want to make sure you’re providing the best service to your clients by having all of your credentials in order.
20. House Cleaner
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| Photo by Volha Flaxeco on Unsplash |
With a low barrier to entry, house cleaning can be a great way to start doing what you love — soon. Consider advertising to homes in your neighborhood and get more bang for your buck by earning a few small businesses as clients as well.
They’ll usually bring in a higher paycheck for a similar amount of work.
21. Personal Chef
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| Photo by Trường Trung Cấp Kinh Tế Du Lịch Thành Phố Hồ Chí Minh CET |
We all love to eat, but few of us have the time or energy to cook healthy, delicious meals. Advertise your services to local families and businesses alike. To save on start-up costs, consider scheduling certain groups of clients together — say, vegetarians — so you can cook larger quantities of the same dish.
22. Property Manager
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| Photo by Christina @ wocintechchat.com on Unsplash |
Many people maintain properties they don’t live in — often based in different cities or states. As a property manager, you can help a property owner ensure their home is being well taken care of, handle small fixes as they arise, and serve as a liaison to renters.
23. Packing Services Facilitator
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| Photo by Atoms on Unsplash |
Moving is always a pain, and many people hire the entire packing process out. Want to have a steady stream of clients? Partner with a local moving service who will refer new clients to you.
24. Massage Therapist
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| Photo by Bas Peperzak on Unsplash |
Soothe aching muscles and promote peace for your clients as a massage therapist. Look into training and certification courses in your city and state and invest in a portable bed to take on client visits.
25. Crafter
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| Photo by Annie Spratt on Unsplash |
Creating novelties by hand is a fun and unique way to start a small business. Whether you make jewelry, knitted comfort items, or even custom wigs, there’s probably a market for your products. Tap into your audience with creative marketing on social media and search engine optimize your website for the unique products you make.
26. Bed and Breakfast Owner
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| Photo by Andrey Zvyagintsev on Unsplash |
This is another business venture that will require you to research the correct licensure from your state, but it will be well worth it to see your dreams come true. Consider what guests will be traveling to your area and create special packages and themed stays that coincide with their interests in your locale.
27. Interior Designer
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| Photo by Spacejoy on Unsplash |
Similar to landscape design — there are many people who have the ability to buy the furniture and home decor they need to fill their rooms, but few who know where to start. It might take some time to build a portfolio but documenting your projects and sharing them online can build a fanbase beyond your wildest dreams.
28. Nonprofit Owner
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| Photo by Abbat on Unsplash |
If you dream of devoting your life to a cause you believe in, it might be time to start a nonprofit. You’ll need to incorporate your business and file for 501(c)(3) tax-exempt status — and then you’ll be required to meet ongoing standards of compliance, but the payoff is making a meaningful impact on a cause you believe in.
29. Tour Guide
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| Photo by Bernie Almanzar on Unsplash |
Love the local history of your city or state? Consider becoming a tour guide. Sure, you’ll need to conduct plenty of research to be able to do the job well, but that’s half the fun. Set yourself apart by offering tours that speak to a specific niche of your community’s history.
Some tour guides, like the ones at Freedom Trail in Boston, offer historical walking tours of their town’s most haunted spots while others curate guided foodie tours for guests to get a true taste of the city.
30. Tutor
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| Photo by ThisisEngineering RAEng on Unsplash |
Whether you’re a math whiz, piano master, or Shakespeare aficionado, there’s someone out there who needs a little help in your area of expertise and is willing to pay for it. Advertise your services through local schools, community colleges, community centers, and even social media to get the word out and build a customer base.
31. Consultant
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| Photo by Austin Distel on Unsplash |
If you have significant experience in or knowledge of a specific subject, consider becoming a consultant. Perhaps you’re an expert at hiring practices, have a knack for SEO, or have led multiple sales teams to six-figure success.
Identify your expertise and market yourself as a consultant and charge the going rate.
32. Clothing Boutique Owner
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| Photo by Juli Kosolapova on Unsplash |
If you dream of building your own fashion empire, why not start with a local boutique? Build buzz with impressive window displays, inspiring social media accounts, and heavy community involvement.
33. Event Planner
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| Photo by Shridhar Gupta on Unsplash |
You might choose to specialize in a specific type of event — like weddings or company meetings — or set yourself up as an event planner of all trades. If you’re highly organized, are detail-oriented, and have experience planning large events, it might be time others benefit from your skills.
34. Specialty Food Store Owner
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| Photo by Ricky Singh on Unsplash |
Gourmet foods, cheeses, sake, wine — you name a food, there’s a specialty food store out there for it. Put your passion for exotic olive oils to good use and open a store like American Provisions where you offer the kind of expertise and selection your audience couldn’t dream of getting from their local grocer.
35. Personal Assistant
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| Photo by Dollar Gill on Unsplash |
Again, if you’re an organized, highly-detailed person, the life of a personal assistant might be for you. Don’t want to be tied to one office or person all day, every day? Consider becoming a virtual assistant, which allows you a more flexible work environment.
36. Food Truck Owner
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| Photo by Arturo Rey on Unsplash |
Always dreamt of owning a restaurant but not quite ready to take the plunge? Test out your concepts with a food truck. It’s a great way to become familiar with food and restaurant licensing in your state, see what people like and don’t like, and build a ravenous following before ever opening or investing in a brick-and-mortar location.
37. Consignment Shop Owner
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| Photo by Tamara Bellis on Unsplash |
If you have an eye for style but don’t want to invest in the inventory of a brand-new boutique, consider going consignment. It will allow you to curate a collection of clothing that matches your goals and aesthetic, without the overhead of a boutique selling entirely new garments.
38. Caterer
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| Photo by Igor Starkov on Unsplash |
If that personal chef gig is too restrictive for your schedule, consider catering instead. Pick your projects, work fewer but larger events, and hone in on your time management skills.
39. Gym Owner
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| Photo by CATHY PHAM on Unsplash |
Kickboxing gyms, yoga studios, CrossFit, oh my! Turn your passion for fitness into a community for others by creating your own gym — start one from the ground up, become an affiliate, or open a franchise location.
40. Daycare Owner
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| Photo by BBC Creative on Unsplash |
Childcare continues to be in high demand. While nannies and nanny shares are popular right now, a good daycare is hard to find. Fill a need in your neighborhood by opening your own. And, as always, make sure you’re complying with your city and state’s zoning, licensure, insurance, and inspection requirements.
41. Boutique Agency Owner
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| Photo by Artem Beliaikin on Unsplash |
What’s your specialty? Whether it’s marketing, social media, or PR, it might be time to start your own agency. Many other small businesses need this type of help but don’t have the resources or volume to necessitate a full-time position.
Consider building a small team and learn from other entrepreneurs who’ve successfully started their own agencies, like Duane Brown of Take Some Risk.
42. Coffee Shop Owner
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| Photo by Ty Feague on Unsplash |
Turn your caffeine addiction into something a little more lucrative. Opening a franchise or buying an existing shop are lower-risk entry points to the coffee game but they usually require a little more cash up front.
Starting a shop from scratch requires a little more planning and a lot more work — but it also maximizes your earning potential in the future.
43. Moving Company
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| Photo by Handiwork NYC on Unsplash |
A truck, moving equipment, manpower, and the correct permits and insurance are the building blocks of starting your own moving company. Before you buy your first fleet of trucks, however, start small with a moving van and keep your costs low.
Still sound like too much of an initial investment? Consider offering packing services only, which have a much lower financial barrier to entry.
44. Home Staging
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| Photo by Francesca Tosolini on Unsplash |
If you have a flare for interior design, a staging service might serve as your creative outlet and professional calling. You can build a portfolio with little initial investment by staging homes using the owner’s existing furnishings and decor.
Most stagers eventually build up an inventory of furniture as they become more established and network with area realtors.
45. Dog Walker, Groomer, or Trainer
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| Photo by Robinson Greig on Unsplash |
Licensing and insurance will be the two most important factors in opening a dog walking, grooming, or training business, but your canine colleagues will surely make up for the initial red tape. To test the waters before jumping in, consider walking dogs through companies like Rover.
Home Business Ideas
These home business ideas give you a few more business options that are either based at home or online.
46. Coding
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| Photo by Christopher Gower on Unsplash |
Frontend, backend, and every type of code in between, this skill requires no in-person interaction with your clients. But one skill you’ll want to carry over from the in-person world for this type of business is active listening.
It can be easy to zone out while building a product, but developing a connection with the client is just as important as developing the code for their website.
If you keep the client top of mind when you can’t be around physically, you can ensure that you’re meeting their development needs with your coding work.
47. Vending Machine Owner
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| Photo by Nik Albert on Unsplash |
Since 2015, the growth rate for vending machine businesses has increased 1.4%. Even as social distancing restrictions are still in place, this business can still be lucrative if you choose the right locations.
High-traffic is key — places like hospitals, schools, and community centers are smart places to start placing your machines to generate enough revenue to cover cost and turn a profit.
48. Social Media Manager
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| Photo by bruce mars on Unsplash |
Do you have a knack for social media? As a social media manager, you can use your skills to manage the social media accounts for companies and even individual people.
Influencer marketing has become more common and many influencers rely on marketing agencies or employees to help them run their social channels.
49. Data Entry Clerk
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| Photo by Steinar Engeland on Unsplash |
Many businesses seek data entry clerks to help them enter information into their computer systems and spreadsheets. If you have strong computer and typing skills, this might be the business for you.
50. Audio or Video Editor
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| Photo by Ryan Snaadt on Unsplash |
As of March 2021, there are 1.75 million podcasts available to listeners. For this reason, brands are turning to audio and visual content to connect with consumers. The catch is that many don't have the time to invest in the production of this content, or they don't have the skills to do it.
Audio and video editors are in demand when it comes to producing quality content for hungry audiences.
51. Voiceover Artist
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| Photo by Will Francis on Unsplash |
Speaking of podcasts and videos, many content creators recognize the value and level of professionalism that great voice talent can bring to a project. There are gigs out there for podcast intros/outros, narration for explainer videos, or even voice work for audio books.
52. Pet Sitter
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| Photo by C. Z. Shi on Unsplash |
Do you have a passion for pets? Consider becoming a pet sitter. While the pet's owners are away on vacation, either host their pet at your home or make visits to their home. Join a pet sitting service like Wag to get started.
53. Vacation Host
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| Photo by Jimmy Conover |
Have you ever used a home-sharing service instead of a hotel? You could make a living by hosting visitors in your own home or renting out a room. Consider becoming a host with companies like Airbnb.
Is your head buzzing with small business ideas yet? After all that brainstorming, you’ll need a practical plan to get started with your new small business.
54. Candy Seller
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| Photo by Andrew Coop on Unsplash |
If you grew up in a close-knit, southern neighborhood, you're familiar with the "Candy Lady" around the neighborhood. This home business can be started by anyone who's trustworthy in the community.
Aside from selling the most popular snacks, a candy seller can provide the neighborhood with fresh fruit and produce that may be harder to find if you live in a food desert.
How to Start a Small Business at Home
How to start a small business at home:
1. Identify Your Small Business Idea
Whether you choose an option from the list above or have another idea up your sleeve, it’s important to have the experience, training, or skills necessary to be successful. Want to run a daycare but have never even visited a successful daycare center?
Spend time conducting research to learn whether this is really the right fit for your experience, interests, and target audience.
2. Start As a Side Business or Hobby
Can you get your business off the ground as something you do in the evenings or on the weekends (a.k.a. a side job)? This allows you to make some mistakes, test the market, and understand whether your idea has legs before you quit your nine-to-five job and lose your primary income.
3. Decide on Your Software
You’ve got a lot of things on your plate when first starting up. But one step that’s critical (and often forgotten by first-time entrepreneurs) is deciding on the software that can help you be more efficient as your business grows.
Every business is different — but almost all companies can use software to help with analytics, project management, accounting, bookkeeping, email marketing, and other basic day-to-day tasks.
One of the most important software tools every small business should utilize is a free all-in-one CRM platform to keep track of important customer information in one central database. It will help align your team and make sure you stay organized as your business grows.
4. Create a Business Plan
Once you know your idea has the potential to succeed, it’s time to build a business plan. Not sure where to start?
Your business plan should include the following elements:
- Executive summary — A high-level overview of your company and market placement.
- Business model — Outline what your business does, who your business serves, and how your business is structured. You should include a description of what products and services you offer, and how they meet the needs of your customers.
- Market condition — A summary of pertinent competitor information. Determine the strengths and weaknesses of your closest competitors.
- Products and services — Use this section to describe your products and services in detail, and outline what differentiates your product from others in the market.
- Operations and management — Outline your business’ organization structure, key roles, and responsibilities.
- Marketing and sales strategy — This section should describe how you will market and sell your product. Include information on your ideal customer, how you plan to position your offering, and your sales strategy.
- Financial plan — Create a detailed outline of your business financials. Include your start-up costs, your initial financial productions, and how you anticipate generating funding.
- Appendix — Once the above pieces are complete, end the document with an appendix summarizing your business plan.
Business plans should identify what makes your offering different from competitors. They should also be short and actionable. And your business plan should evolve with your business.
5. Decide Whether You’ll Be an LLC or Sole Proprietorship
Two common legal structures for small businesses are limited liability corporations (LLCs) and sole proprietorships.
An LLC is a more complex business structure than a sole proprietorship and can include individuals, corporations, and other LLCs as members. Additionally, LLCs are not subject to a separate level of tax and offer the business owner liability protection and tax advantages.
LLCs are formed on a state-by-state basis.
Sole proprietorships are businesses owned and operated by one person and are not identified as a separate entity from the owner by the government. While a sole proprietorship is the simplest business structure, sole proprietors are personally liable for their business.
Besides an LLC or sole proprietorship, there are a few other options for you to consider.
Sean Flannigan, Sendle's Content Manager, says, "While many small businesses might be best served by choosing an LLC or sole proprietorship, there are a few other options."
"Partnerships are great for businesses operated by several individuals. It hews most closely to a sole proprietorship in that the individuals take on the business liability and pay taxes on a personal level."
He adds, "To completely avoid personal liability, small businesses might choose to incorporate as a corporation, S corporation, or B Corp. S corporations avoid corporate taxation whereas B Corps must meet a threshold for public benefit and accountability."
Additionally, Flannigan says, "There are tons of great reasons to become a B Corp beyond just doing good business. All that said, many small businesses that aren't aimed at super-fast growth choose to go with an LLC to keep things simple while shielding owners from too much liability."
6. Create a Business Bank Account
Once you have a legally formed business and have been issued an Employer Identification Number (EIN), open a bank account specifically for your business. Having a business bank account is essential for keeping your personal and business finances separate which can help you gain an accurate picture of your business’s cash flow and financial health.
Additionally, keeping your personal and business finances separate makes bookkeeping and tax preparation easier.
Many banks offer business checking and savings accounts. Business checking accounts typically do not have a limit on the number of transactions that can take place, and issue a debit card that can be used for making business purchases. However, these checking accounts do not accrue interest.
Business savings accounts typically earn interest over time but have a limited number of transactions that can occur each month. When you’re just starting out, look for a business bank account that does not have a minimum balance requirement so you are not penalized for having low funds as you work to build your business.
7. Determine If Your Business Idea Works Well From Home.
Ask yourself whether your business idea will work well from home. Some businesses simply aren’t suited to be based from home. If you want to run a dog boarding center but live in an apartment without a backyard, you might want to consider a dog walking business instead.
8. Set Up an Office
If your business idea is well-suited for being run from home, it’s still important you have a designated workspace. While a home office might not be possible, consider setting aside a corner in your living room or putting a desk in your bedroom for a space that inspires you and creates the conditions for success.
Need a more professional space? If you conduct client-facing work requiring you to be on video calls, no one wants to see your rumpled sheets in the background. Check out local coworking spaces for memberships that earn you access to conference rooms, desk space, and more.
9. Get to Work!
You’ve put in the hard work and I’ve got good news … it’s only going to get harder. But most entrepreneurs will agree that the payoff of being your own boss, making your own hours, and working on projects that you’re passionate about will pay dividends for the rest of your life.
Brainstorm Your Next Small Business Venture
Selecting a small business idea to work on is a personal decision. Money is important, but you’ll need more motivation than that to keep going. Bounce ideas off your friends and family until you reach the perfect idea that works for your schedule, fulfills your life’s passion, and makes financial sense.
Don’t be afraid to ask for help throughout this process — and remember to have a little fun while you’re putting in the work.
Related Video: Starting A Small Business
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