However, in a competitive market, being awarded lucrative contracts can be challenging. Furthermore, other than a quality pair of scissors and some hair dye, if you run a mobile hair dressing salon, your business expenses are surprisingly low, making mobile hairdressing a profitable business to run.
All you need to start your own cleaning business is a vacuum, polish floor cleaner and, preferably, a car. With comparatively low overhead, little in the way of training required and a service which is always in demand, cleaning can be a rewarding business to get into. You might be a math genius, a native Spanish speaker or a nifty guitar player. Whatever your talent, offering tutoring online can be a great way to earn an income with exceptionally low expenses. The profits associated with real estate remain high and if you want to enter this industry one of the most cost-effective ways to do so is to set up a real estate brokering firm.
Real estate brokers act as an intermediary between sellers and buyers and all you need to get started is a brokerage license. That said, finding your own clients can be challenging, given the number of real estate brokers there are. Got an eye for a great logo? If so, you might be on your way to starting a business where you can charge a tidy sum while not having to fork out on expensive overhead.
If so, you may want to think about offering warehouse storage services. Providing a place for businesses and individuals to store goods and items can provide a highly profitable and predominantly passive income. There will always be a demand for people who are willing to clean gutters, repair chimneys or pull out stubborn weeds.
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Got a good eye for technology and how it works? If so, setting up your own technology repair business could see you in high demand as the world becomes increasingly dependent on technology. Naturally, those without a knack for technology will want to steer clear! As we become more reliant on IT to run businesses and go about our daily lives, those who offer IT help and support are extremely sought-after. Businesses and organizations will always want a quality marketing team behind them to boost brand awareness and bring them results.
Marketing agencies can charge a lot for their services and thanks to advancing remote technology and the internet, marketing efforts can be done remotely, keeping overhead low and profits high. Those who want to be fitter, slimmer and healthier, insure there will always be demand for personal trainers PTs. Overhead is inherently low in this industry, making personal training a profitable and sought-after business. One of the biggest challenges PTs face is building up a network of clients in a competitive environment. Hand out fliers in your neighborhood or post on social media offering your services.
Mobile car washing and detailing has become a relatively lucrative business in more upscale neighborhoods. Try your hand at pet grooming. Purchase and outfit a mobile van so that you can groom pets on the go. This does require a small investment, but it's a side job you could enjoy when you have spare time. Purchasing a food truck requires a substantial investment, but the food truck business is growing significantly.
Location and cuisine choice is important. Be sure to do ample research before getting started. Write articles for other people. If you have a passion for writing, you could help out other bloggers or even become a ghost writer for a well-known author. Use sites like Freelancer , Upwork and others to advertise your services. Find clients that you can help out to achieve their weight loss or fitness goals. Create meal plans or construct workout routines and you could make an admirable income for your efforts. If you play the piano, guitar or another instrument, consider teaching others in your local area.
Advertise online through social media or through your personal or professional networks. Affiliate marketing is an extremely alluring industry. However, many affiliate marketers don't make much money. If you have the skills it takes to succeed in this arena, you could quite literally make a small fortune. But be careful not to get drawn into pie-in-the-sky hopes or dreams of making money without putting in much effort.
Email marketing is one of the most profitable forms of marketing that exists online. However, attracting subscribers and making a personal connection with them takes a good deal of work. Good at writing resumes? Use sites like LinkedIn and other professional sites to advertise your resume writing services. Do a few for free and grab some raving reviews, then watch your sales skyrocket. If you're looking to make a few extra bucks without a major investment of your, try your hand at being an extra in a movie. There's a lot of sitting around and waiting, but the pay is good if you're in a production city like Los Angeles, New York, London or Vancouver.
Sometimes, making some extra cash can be done by cutting expenses. When was the last time you audited all your monthly expenses? How much is going out the door for that gym membership you don't use or those pricey lunches you have every day? Try raising some personal funds using GoFundMe. You can advertise your page to your network through social media, and if you can create a compelling enough story, you might just have enough takers that decide to help you out. Have long hair? Why not sell it to make a few extra bucks?
Advertise your hair for sale on a site like HairSellOn or any number of others that are out there. Become a professional house sitter and watch homes for people that go on vacation or have a second home and don't spend much time there. Are you a great driver?
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Why not get licensed as a driving instructor? You can advertise your services both online and offline, or use a site like Indeed. If you live in a vacation destination, consider becoming a local tour guide. You could even offer your services for free and then ask for a tip at the end, drawing more people into touring with you. Virtual assistants are in high demand, but it only makes sense from an income standpoint if you have lots of free time and you're very organized. It also doesn't hurt to live in an area with a lower cost of living.
If you have an eye for design, consider doing interior decorating for clients. Use a site like Houzz to advertise your services to the masses. CafePress allows you to sell items that feature a digital design.
50 Small Business Ideas for Beginners
If you're a great graphic designer, you could create a number of designs that would fit different formats such as shirts, hats and cups, and earn a commission when they sell. LendingClub is a peer-to-peer lending service that you can invest in. If you have some extra cash and you're looking to put it to use, you can leverage this platform to invest in businesses from a wide range of industries. Risk is cacluated for you using algorithms, and the more risk in an investment, the more potential for reward. If you have some app development skills and you're proficient at Swift or Android-based development platforms, you could try your hand at creating a smartphone app.
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12 Best Work from Home Jobs Hiring Now (Earn $$50/hr)
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