If you have some revenue coming in but need an extra boost to get to the million-dollar mark, make sure to consider every possible way that your company can differentiate itself. Do you have a letter of commitment from a notable investor? Do you have some revenue or a contract to get some revenue? Do you have valuable intellectual property with the potential to generate revenue? Differentiators like these can make the difference between getting funded and being overlooked by investors and lenders.
SmartBiz offers the easiest way for businesses to apply and get qualified for an SBA loan up to $350,000. Instead of the typical 90 days usually required to get funding, SmartBiz offers a total funding time that takes up to 30 days. You can qualify for the lowest rates we evaluated, from 7.5% to 11%, and repayment terms as long as 10 years after completing its simple online application.
People are increasingly conscientious about the way they look, and with that comes the need for tailored clothing. One size does not fit all, and businessmen and women, in particular, want to look the part when they go into the office every day. The custom clothing industry is still relatively untapped, so starting a business now will offer you a significant potential for growth in the future. In addition to having their pieces delivered directly to their homes, you can offer customization of:

This is an especially easy business to start if you live in an urban area, as many businessmen and women prefer having a driver to go to and from work in order to make calls, schedule meetings, and generally work on the operational aspects of their companies during that time. On the other hand, if you are looking to start a business that is more like a taxi service, why not become an Uber driver? To become an Uber driver, you need:
Just be sure to put a lot of care into your product listings. Everything from the titles you use, to how effective the description is at convincing potential buyers your product is better than the rest, and even taking care to shoot high quality product photos can have a dramatic impact on your sales. I recommend using photo editing tools like Fotor, which gives you the ability to edit your images, create captivating graphic designs and more.

Qualifying for an SBA loan with SmartBiz is more difficult than the other providers we reviewed. You’ll need a personal credit score of at least 650 and your business must be operational for at least two years to qualify. Your business must also meet the SBA small business qualifications, which is typically under $750,000 in annual revenue and less than 150 employees, but the limit is higher for some industries.
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:
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.

Your business can get funded the next business day with Fundbox, but only up to $100,000. Once you repay any money you borrow, you can borrow it again, but the maximum threshold may be insufficient for large capital projects. Weekly repayment can also be burdensome on the cash flow of a business, especially if that business is cyclical. For monthly payments, consider working with the next lender on our list, Kabbage.
do you know how to contact those who are in need of an eBay trading assistant? I have been unemployed for the past 4 years and recently my father passed away. SOMETHING HAS TO GIVE QUICK!!! I am 42 years old and have one child in college and another at home. I cannot believe I am in this place financially, as I have worked my entire life until I lost my lat job. I cannot find one. Love your post and advice. Thanks.

Ever since the idea of online auctions came into existence, the online selling market has been on the rise. Many are interested, but don’t know how to get started. There are still all kinds of ways to make money by selling online, whether you’re selling what you already have or buying and selling like a store. Before we get started, here are a few general tips when selling anything online:


do you know how to contact those who are in need of an eBay trading assistant? I have been unemployed for the past 4 years and recently my father passed away. SOMETHING HAS TO GIVE QUICK!!! I am 42 years old and have one child in college and another at home. I cannot believe I am in this place financially, as I have worked my entire life until I lost my lat job. I cannot find one. Love your post and advice. Thanks.
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.
Hi Edwin – Maybe start by taking a look at products you really like, then see if you can improve on them somehow. Can you make it better? Can you make it cheaper? Can you deliver it faster? Can you find a market niche where the product will take off. It’s not necessary to come up with a whole new product, which is also very risky. But if you can take an existing product and make it better you’ll have a better chance at success. Also take old product and see how you reinvent them. That’s what Howard Schultz did with Starbucks. He virtually reinvented coffee, which is something no one thought could be done at the time.
If you’re one of those people who can’t help but flip through bridal magazines and think about various wedding arrangements in your daydreams, wedding planning might be the perfect thing for you. A great way to get started is to develop a website or blog on the topic, get to know people online, and promote your services at local wedding venues and throughout the community.

Take good pictures. Some of the options below don’t require you to actually take the picture and sell the product, but for the ones that do, make sure you take a clear picture that makes your product stand out from the others.  If you’re going to be taking a lot of pictures, set up a small “studio-like” area in your home with a backdrop and proper lighting to really make your pictures come across as professional. And of course, you’ll want a good camera too.
There are several loan programs aimed at helping first-time entrepreneurs set up their business. The Small Business Administration (SBA) operates the loan programs offered by the U.S. government. To qualify for the loan, your business must meet some criteria such as your business must operate in the United States, your business must qualify as a small business according to SBA guidelines, you must operate for profit and you should have a good credit score.
Once you get to a million dollars in revenue, your odds of funding increase exponentially. Banks, for example, look at funding strictly from this perspective. Banks don’t care what kind of company you are—they simply look at your profit/loss statement and make a decision. If you’re a profitable company with a million in revenue and good personal credit score, there’s a good chance that a bank will lend you up to $200,000.
Chatbots are in, and it has reached the point where every business needs one. Chatbots have become a huge opportunity for companies to engage with their customers, gather data, and improve their marketing and customer care efforts. You can start your own chatbot creation business easily and quickly without needing to code. I created the free to use tool Chattypeople.com, but there are lots of others out there. All you need to do is:
Now, making money online should seem like a pleasurable activity. Why wouldn't we do just about anything to see things through, since it would be a major source of pleasure, right? Wrong. In the beginning, like anything else, we might get really excited about it. We might also set our hopes very high. But that all comes crashing down when we begin to fail.
×