Planning a business requires like selling grunge clothing will take time and effort. In addition to networking and researching the market, you will need to plan your company, create an operations manual, and figure out all the financial details. If you don’t have much time outside of work but still want to test the waters with a new venture, try starting a side business.
You might not be able to quit your day job just yet, but operating a side business lets you test your viability as an entrepreneur while keeping another source of income coming in from your 9-to-5 job. Here are some ideas for starting a business you can do in your spare time:
Online Retail Business
There are people out there who are experts at making items or curating a certain type of product.
You may not know how to start an online retail business, but that doesn’t mean you can’t do it. If you have a talent for something like fashion or baking, then starting your own online shop is an option.
Craft or Art-based Business
If you have a talent for crafting, then this idea could be perfect for you. You can create products to sell on sites like Etsy or in your own store. People love supporting other artists and buying unique, handmade items. Craft markets are becoming popular in many areas, so it’s a good time to get started with a new craft business.
Virtual Assistant Business
If you have a knack for organization and want to work from home, this business model could be perfect for you. As a virtual assistant, you can offer your services to people who don’t want to take care of the more tedious tasks. You might find clients by offering your services on job sites or by networking with nearby businesses.
Run an Errand-running Business
If you live in a busy city, you’ve probably spent a good chunk of your day waiting for someone to come pick up your kids from school or wait in line at the post office. And if you’re anything like me, you realize that many of these errands could be done by someone else. Starting an errand-running business could turn into something profitable and rewarding.