We evaluated the best easy small business loans based on their application requirements, minimum qualifications, and speed of funding so business owners can focus on operations instead of applying for financing. Besides these criteria, we also compared loan products based on the overall costs, maximum loan amounts, and repayment terms to help you decide what financing fits your working capital needs and budget.
Pennsylvania is committed to helping aspiring entrepreneurs achieve their business dreams by providing the right training, guidance, and resources to help individuals make good business decisions as they plan and launch a new venture. Whether you’re just starting your business plan, choosing your business structure, or looking for business counseling and advice, we’ve got you covered.
This isn’t to scare you off. I simply want you to know that this guide is going to focus solely on ways to make real, sustainable extra income online. Not just a few bucks. I want to share all the mistakes I've made that got me to where I am now so that you don’t have to go through them, and can build a successful online source of income for yourself.
If I have a blog that is getting 100,000 page views a month that means that I’m probably getting at least 50,000 people to the site (most blogs will do between 1.2 to 1.4 pages per session). That means I have to try and get some small percentage of those people to buy something from me if I really want to do well. If I can’t get them to buy something then (in some cases) I have ads running on the site that will make me money anyways.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time online personal trainer can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out this interview with several fitness blog owners who are making a living online, from MonetizePros. As well, I'd recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
Better yet, you can even upload your own book to one of the world’s largest book sellers: Amazon. With Amazon self-publishing, you set the price, retain the rights to your book, and get access to Amazon’s massive audience. For every sale, you keep 70% with Amazon taking the remainder as a fee. If you want to get started, check out Leslie Samuel's great guide to selling eBooks online or follow Tara Gentile on CreativeLive as she shows you how to use your existing body of work to write an eBook within the next week. Who knows, you might just write one of the best business books of this year!
Jumping into the field is relatively simple. Most prospective transcriptionists start by taking an online transcription course that teaches them the skills necessary to perform common job duties. Companies, such as Transcribe Anywhere, offer classes that teach students the basics of general, medical, or legal transcription, and just as importantly, how they can go about finding clients for work.
As you start regularly putting out content, you’ll hopefully start to build a bit of an audience. But to start seeing real money from YouTube you need to market your videos elsewhere. Share your channel on Twitter and Facebook. Distribute videos anywhere else you can think of. Also, interact with comments and build a community around the videos you’re making so people will share it with their friends.
Although OnDeck offers a large easy business loan up to $500,000 without a prepayment penalty, you do not benefit from early repayment like you would with Fundbox and Kabbage. OnDeck’s term loan repayment frequency is weekly or daily and lacks a monthly option. For less frequent payments, consider a line of credit from Kabbage, which offers monthly payments.
Register your business with the Vets First Verification Program to be eligible for special opportunities to do business with the government. Small businesses that are owned and controlled by veterans and service-disabled veterans, and verified through the program, may also be given priority when competing for federal contracts. Learn how to apply, and find out which documents you will need to submit. You can also find VA-certified business counselors in your state for free help.
I’ve actually fielded requests from others looking for people willing to do this, so the demand is out there. To put it simply, some people are willing to pay others to get a vegetable or flower garden started for them in their yard so they can have access to ultra-fresh produce without all the legwork. If you have a green thumb and some knowledge about the vegetables that grow well in your area, this would be an easy business to start.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
Sometimes you have to get into the trenches and make it happen. During the first two years of business at my prior company, PC Care Support, I knocked on doors, worked my own booth, and closed my own deals. I set up a table at the local college’s business school, hired five college students to work solely on commission, and knocked on people’s doors 7-8 hours per day looking for business. For those two years I didn’t receive a paycheck. But I believed in my service, and I believed we could be successful. I was, as billionaire entrepreneur Elon Musk said, “hell bent on making it work.” The hard work eventually paid off.
To qualify for additional small business loans with OnDeck, you will need to remain current on any existing loans. OnDeck provides discounts to repeat borrowers in the form of reduced fees and lower rates. For future loans, the application process is also simpler because OnDeck already has most of the information about your business necessary to qualify you.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
Research individual companies in your desired niche: If possible, it’s always better to become an affiliate directly with a company (if they have an internal affiliate program), as no one else will be dipping into your commission rate. This is the preferred route for most of the prominent affiliate marketers, including Pat Flynn. Unfortunately, it’s also the most work, as you’ll have to do the research yourself to see who offers programs (they’re usually listed in the website footer).
BlueVine’s maximum loan of $5 million is the highest we evaluated, and the convenience of not having to make payments can make this loan easier to manage than some other options. Qualifying invoices need to be due in 90 days and owed by either the government or another business. BlueVine advances 85% to 90% of the invoice upfront, with the remainder paid out when the invoice is satisfied by the customer, less BlueVine’s fee.
Any moron can open a graphics program and push some pixels around, but that doesn’t make them a designer. The tool does not come with the knowledge. The fundamental skills that are required to do a good job take years to hone. This isn’t something you start and are good at over night. And if it takes years of work to get good at, and hours or days of work to arrive at a good product you should not be selling it for $5.
Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects. Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
Talk about an easy business to start - a vehicle and a good driving record and you're good to go. We're all familiar with the "big names" in the delivery industry, but that doesn't mean that there's no room for the little guy (or gal). If you can deliver things quickly and efficiently in your local area at a reasonable price, this may be a good business idea for you.
Firstly, you will definitely need the appropriate licensing and permits to start a home daycare business. That said, if you love children; have worked with them before; and have friends, neighbors, or family who take their young children to nurseries while they are at work, then starting your own home daycare business could be very profitable. When getting licensed, you will need to:
Instead of spending hours playing with accounting software, dreaming up potential expense and income categories, and creating fancy reports with no data, spend that time generating revenue. As long as you record everything you do now, creating a more formal system later will be fairly easy. It will also be more fun, because then you'll have real data to enter.
New applications are launched on a daily basis and if you believe you have the skills to create your own and a unique enough idea, you should do it! Aside from the fact that you will have to invest little to no money to get started, it is far less time consuming than the average 9 to 5. Once you have created your application, couple it with the right marketing strategy and you'll be making money in your sleep. The best part about developing applications is that you can do it from anywhere in the world.
Fundbox bases its accounts receivable financing on the value of your outstanding business-to-business (B2B), business-to-government (B2G), or business-to-consumer (B2C) invoices due in less than 90 days. This allows it to skip the minimum credit score requirement and not require you to sign over your customer relationships, like an invoice factoring lender does.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.