Disclaimer: Reviews on FitSmallBusiness.com are the product of independent research by our writers, researchers, and editorial team. User reviews and comments are contributions from independent users not affiliated with FitSmallBusiness.com's editorial team. Banks, issuers, credit card companies, and other product & service providers are not responsible for any content posted on FitSmallBusiness.com. As such, they do not endorse or guarantee any posted comments or reviews.

But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.


Understand the kind of business for which you are writing the plan. Are you starting up a new business, or are you expanding an existing business? Most of the approach to writing a business plan for both of these will be the same, but there may be a few crucial differences. With an existing business, you will have a much clearer idea of your market, sales, marketing and so on. You can include solid supporting evidence with your business plan. With a startup, these elements might be more speculative.[3]
Find a profitable niche. Starting with your interests, write down as many niche ideas as you can. Think about topics people might search online. Ideas include passions (like surfing or body building), fears (like spiders or speaking in front of crowds) and problems (like getting out of debt). Do keyword research to see it others are interested in the topic. Find out if a domain name is available that matches the keyword 100 percent. [7]
The only thing better than the smell of grandma’s chocolate-chip cookie recipe baking in the oven is watching cash roll in as customers order those delectable treats. Home baking is an approachable business idea in that it involves doing what you’re probably doing a lot of, anyway, if you love to bake. You probably have all the equipment and expertise you need to get started.
The key to success in this business is being very disciplined in buying. Limit your car buying to popular models that you can turn over quickly, models that you have a strong understanding of current local pricing on, cars that you can buy at a significant discount to the price you believe you can fairly sell them for, and cars that are highly unlikely to need major work.

SmartBiz offers borrowers easy business loans with rates between 7.5% and 11%—among the lowest of the providers we reviewed. However, there is also a one-time origination fee of 2% to 4% that is due from the borrower, but because of the long terms offered, it does not significantly impact your APR. With an APR of 7.5% to 11%, you can expect a daily interest cost of $2.05 to $3.00 for every $10,000 you borrow.
Teaching and tutoring English as a second language is a great way to make money online, not to mention open some doors for you to travel the world if you'd like. While full ESL (English as a Second Language) accreditation is recommended, as long as you’re a native speaker and have the ability to teach, there are people in countries such as Hong Kong or the UAE who are willing to pay upwards of $25/hr for you to tutor them English via Skype. Check out Indeed, Learn4Good and Remote.co for remote english tutoring jobs or sign up on a specialized site like VerbalPlanet or Chegg Tutors.
Starting an online business, no matter how small you aim to have it can take time and money. It can also involve legal research and some accounting knowledge so you may find there is some upskilling involved in many different areas. Have no fear though because once you get the wheels moving on your adventure starting an online business will be fun and motivating. As a great source of income, online business opportunities are abundant as you don’t need to be located next to a customer in order to provide the goods or services to them.

Business-to-business home business ideas: Bookkeeping services, commercial cleaning, consulting, corporate party planning, courier services, graphic design, direct mail marketing, internet marketing services, social media management, virtual assistant, web design. Virtual assistance is simply the art and knack of organizing an executive's life...from a desk in your own home. It can involve scheduling, making reservations, or planning events. This might be for you if you're detail-oriented.
Besides invoice factoring, BlueVine also offers a line of credit and term loan. As with Kabbage, small business owners who use these products through BlueVine can make monthly payments. The term loan and line of credit both offer borrowers limits of $250,000 and offer maximum repayment terms up to one year. Both financing options share an online application and can get you easy funding in as little as one business day.
Competition to get into top universities is as tough as it has ever been, so nervous parents are willing to pay handsomely for tutoring for their kids. You need an area of expertise—math, and specifically SAT math preparation, is always a favorite—but almost any subject will work. If you know how to market yourself locally, you can take advantage of parental paranoia and make money by tutoring right in your own home, or at a local library or coffee shop. Just make sure to do your homework on your local market in order to set prices and know which areas of expertise are most desired by parents in your area.

Webinars are quite possibly one of the most potent ways you can make an exorbitant amount of money online. You'll need an audience to train and you'll need to know what you're talking about. Of course, this usually requires having a website and some semblance of an online presence. However, people can still do webinars without all of that. For example, you might have a sizable social media following and you train them every week on something to do with social media. But you will need a product to embed and sell at some point. Don't worry about it in the beginning. In my experience, the best webinar platform out there is GoToWebinar. 
The terms of an OnDeck Capital loan make it appealing to business owners who need funding for a large project or planned expenditure. Unlike Fundbox, OnDeck offers borrowers terms from three to 36 months, instead of selecting either 12 or 24 weeks. The $500,000 loan limit is the same as LoanBuilder, and the only option that offers a higher loan amount is BlueVine’s invoice factoring facility.
Online shoppers are getting more and more conscientious about their choices, and especially so when it comes to beauty products. Running a beauty shop that’s built on strong ethos and values that resonate with nature and animal lovers is one of the hottest online business ideas right now. Tropic Skin Care seems to be doing a great job connecting with these shoppers.
So happy to see Jam Maker on this list. I recently started my own business making and selling unique jams and jellies online. I never knew I was trendy. Many good ideas on here. I’ve only just started to make the break from traditional work force, but believe it is the best decision I’ve made in a long time – though I still haven’t fully quit my day job.
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.

People are changing the way they search and consume content on the internet. No longer is it just text rich articles that people read from finding them on a Google search. Internet users are now getting more engaged with rich media such as videos. Because they are more engaged, Vloggers are able to leverage this to their financial gain. Vloggers can make millions of dollars a year from their audiences.


If you’re adept at woodworking and have some basic equipment, it’s easy to get into business making deck furniture. It only requires a few items – a saw, a drill, a sander – and some creativity and passion for working with wood. If you have the tools or just want to turn your hobby into a business, this may be a great small business idea for you. In addition to creating new items, you could also focus on repairing existing wooden furniture or woodwork.
Before selecting an easy business loan provider, it is important to consider some risks and benefits associated with these loans. Although these loans are often the fastest way to get funding, they can be more expensive than traditional financing options and expensive overall. Although they are easy to manage, you may find that your personal and business assets are at risk if your business defaults.
With invoice factoring from BlueVine, you will receive 85% to 90% of the value of the invoice upfront, with the remainder payable when BlueVine collects the invoice, less any fees. BlueVine assesses the fee you pay weekly, starting at 0.25% per week. Unlike invoice financing, BlueVine purchases the invoices and assumes responsibility for collecting customer invoices.
If you're at all scarcity-minded, it's important to understand how much abundance exists today. Considering that virtually every brick-and-mortar store has made the transition to an online business, there's certainly no shortage of competition. But there's also plenty of so-called blue ocean. While most might make it out to seem like Amazon is the only company reaping the benefits of the ecommerce boom here, the growth is widespread and across every single sector in business.
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.
Item #8 should be changed from interior designer to interior decorator because indeed interior designers are required to have a degree and in many states are required to be licensed. Interior designers need to know building and safety codes among other things. Selecting paint colors and toss pillows is a very small part of the job. Many commercial ID’s do very little “decorating”. See IIDA or NCIDQ for more information.
Congress passed the Commercial Motor Vehicle Safety Act of 1986 to ensure that drivers of commercial motor vehicles are qualified to operate those vehicles. States have the right to issue a driver's license, but they must meet minimum national standards when issuing a commercial driver's license. The Commercial Driver's License (CDL) Program places requirements on the commercial motor vehicle driver, the employing motor carrier, and the states.
Although a bicycle repair service can be seasonal, there are opportunities to tap into multiple markets so that you can have an income year round. For cyclists who just use their bikes to go to and from work, offer general repairs and maybe storage facilities during the winter months. If you want to attract cycling fanatics, you can offer year-round repair services. A Saturday shop in the right location is the perfect way to gather a bit of a crowd that will surely spend hours discussing their common passion.
Once you have that problem or need nailed, the next step is to validate that idea and make sure you’ve actually got customers who will pay for it. This means building a minimum viable product, getting objective feedback from real customers, incorporating updates, testing the market for demand, and getting pricing feedback to ensure there’s enough of a margin between your costs and what consumers are willing to pay.
By building an extensive following, this will allow you to gain profit by attracting key advertisers or get commissions by promoting other brand products (think affiliate). Blogging is big business; just ask Heather from Dooce.com. She’s a mom that blogs daily about her children and pets and has successfully turned her daily adventures into a very lucrative business by simply making money blogging. One of my favourite ways to make money from a blog is by creating your own online course.
I know what you're thinking. How do you start a webinar business? Well, webinars are quite possibly one of the best ways that you can sell anything online. The best part? You don't even need your own product. Webinar guru, Jason Fladlien, co-founder of Rapid Crush, has grossed well north of $100 million in sales via webinars, which goes to show you the sheer power of this medium for selling.
27. Sponsored/paid posts – Many blogs publish sponsored and paid posts. Sponsored posts are basically just posts about a specific brand, product or service. A company will pay you to publish an article about it. It’s similar with other paid posts as well. Your basically selling the spot for the article on your site. If you decide to take this route, you’ll want to build your traffic before you will get many offers.
As far as network marketing is concerned, I think it’s very difficult for an average person to get through what it takes to make money. Being told that they have to try to recruit their warm market, have home meetings, prospect strangers and attend hotel meeting every week. I believe these task are so painful and takes the average person too far out of their comfort zone, it feels like a relief to just quit. I personally believe in network marketing and there are some awesome companies and awesome products. But it seems like people have to go through a lot of pain and sacrifice before they can win in traditional network marketing.
Include strategies for funding or investments. If you are using your business plan to secure funding of some sort, this section will be especially important. You need to know exactly how much money you want and how it will be spent. For example, you might write: "Ultimate Kid Granola Bars is asking for $25,000 in investment funds to support the expansion of our current kitchen location. $10,000 will go towards renting additional space in our current location, $5,000 in additional equipment (two ovens, assorted supplies), and $10,000 in salaries to hire an extra employee to meet the needs of our Sacramento public school contract."
Put it all together. Each of these sections will be mini-essays that contribute to an overall picture of your business. You should make it look professional by putting it all together in a single document with consistent formatting, section headers, and a table of contents with page numbers. Read through it several times and check spelling and grammar. You don’t want to have mistakes in your plan, as that will reflect poorly on your preparation and organization.[9]
But if you get the green light to do it, starting a catering service is a relatively low-overhead way to create a new business. It’s a lot of work, but if you enjoy cooking, it could turn into a lucrative and fulfilling career. To get started with minimal investment, you could first cook in your customers’ homes and use their dishes. Also, a narrow specialization on a particular type of cuisine or event may help you attract clientele as you work develop a strong customer base.
The basic idea behind an online drop shipping business is that, as a small business owner, you don’t have to maintain a large inventory (or any inventory whatsoever) of products or handle any delivery to your customers. That eliminates the financial cost and risk of having a warehouse full of stuff you might not sell, and the hassle of arranging to send orders all over the country or the world. In fact, you don't have to manufacture or store any products at all.
Minimum qualifications for Fundbox make it one of the most accessible working capital loans on our list. Fundbox has few stated criteria, including a minimum of six months in business and preferably more than $50,000 in annual revenue. Fundbox bases its qualification decision on your sales, growth, and customer retention by assessing your accounting records or banking transactions.
Most businesses are chasing conversions and looking for ways to increase conversion rates. This means investing in sales activities like lead generation that could be time-consuming. Because of this many companies outsource this to a lead generation service provider. If you are good on the phone and enjoy researching and doing outreach to strangers then this is your calling!
You know those top-down cooking or craft videos you just can’t seem to get away from these days? There are people out there making a living from them. 78% of B2C companies depend on user-generated content, like those videos, for their marketing campaigns. You can sign up as a creator on a site like Darby Smart and potentially work with brands like Nordstrom, Mattel, and BarkBox. Or, learn how to master PPC advertising and you can use the content to build your YouTube following and monetize through ads and views.
Still, knowing something about how the flower business works is a good idea, and your online presence and photos of your work will be critical to your success. Remember, the business is all about visuals, so make yours as compelling as you can. Get started networking by contacting local wedding planners and funeral homes and letting them know you’re in business. From there, let your business bloom. A friend in Maine turned a flower-arranging business into a successful flower shop she later sold at a profit.
If it’s not clear yet, information and expertise are two of the most consistent and lucrative ways to make extra money online. If you don’t like talking on the phone, you can sign up to get paid to answer professional questions on JustAnswer. There are thousands of questions being asked every month from people looking for help from lawyers, doctors, mechanics, vets, and more. To apply, you’ll need to supply your professional verification, resume, and a form of identification.
Learn then selling guidelines. Each marketplace has guidelines that define what you can and cannot sell. State and federal laws also impact what items are prohibited. In general, you cannot sell alcohol, weapons, service contracts, animals or event tickets. Also, while not always prohibited, you may find restrictions on how you can sell items in some categories, such as art, gift cards and coupons.[27] eBay, Craigslist and Amazon publish these guidelines on their websites.

Item #8 should be changed from interior designer to interior decorator because indeed interior designers are required to have a degree and in many states are required to be licensed. Interior designers need to know building and safety codes among other things. Selecting paint colors and toss pillows is a very small part of the job. Many commercial ID’s do very little “decorating”. See IIDA or NCIDQ for more information.
Consider your expertise. If you take the time to reflect on your experiences, you will realize that you have more knowledge about which to write than you might think. Begin by listing three assets that define you, such as your profession, a special hobby or a personality trait. Next, list three things that inspire you, such as religion, education or charity. Finally, list three of your dreams, such as getting married, traveling or spending more time with your children. These three lists should give you many ideas of topics about which you can write.[13]

Online shoppers are getting more and more conscientious about their choices, and especially so when it comes to beauty products. Running a beauty shop that’s built on strong ethos and values that resonate with nature and animal lovers is one of the hottest online business ideas right now. Tropic Skin Care seems to be doing a great job connecting with these shoppers.
Establish a strong company culture.  What makes a great culture?  What are some of the building blocks? You can see our list of 10 examples of companies with great cultures, but keep in mind that you don't need to have Google's crazy office space to instill a positive atmosphere. That’s because a great culture is more about respecting and empowering employees through multiple channels, including training and mentorship, than it is about decor or ping-pong tables. In fact, office perks can turn out to be more like traps than real benefits.
All written content on this site is for information purposes only. Opinions expressed herein are solely those of AWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
If you have a fondness and talent for taking pictures you can make extra money online by becoming a stock photographer and selling your images to a stock photo company like ShutterStock or iStockPhoto. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.

Although SmartBiz offers the easiest SBA loan process we have come across, it can still take up to 30 days to get funded and has higher minimum requirements than other loans. For a larger loan up to $500,000 and funding as soon as the next day, consider applying with OnDeck instead. If your business needs fast funding for a smaller amount, then Fundbox may also be a better alternative.

We compiled SmartBiz reviews from our own website and from around the web and determined that it generally has positive ratings. Positive SmartBiz reviews noted the simple process for applying for an SBA loan and appreciated the help received from SmartBiz staff. The few negative SmartBiz reviews were from borrowers who did not receive approval for funding.
Put it all together. Each of these sections will be mini-essays that contribute to an overall picture of your business. You should make it look professional by putting it all together in a single document with consistent formatting, section headers, and a table of contents with page numbers. Read through it several times and check spelling and grammar. You don’t want to have mistakes in your plan, as that will reflect poorly on your preparation and organization.[9]
Minimum qualifications for Fundbox make it one of the most accessible working capital loans on our list. Fundbox has few stated criteria, including a minimum of six months in business and preferably more than $50,000 in annual revenue. Fundbox bases its qualification decision on your sales, growth, and customer retention by assessing your accounting records or banking transactions.
I recently started working in network marketing with a natural hair care line. It has transformed my life, by giving me my confidence back. I was losing my hair and I didn’t know what to do. I’d been to the Dr and told it wasn’t a thyroid issue, but they couldn’t tell me what WAS causing it. My good friend introduced me to these amazing products, that in a matter of months changed my life. My husband is now using the products for his “gaining face” (not receding hairline) issue. Lol.
Test websites. Remote usability testing means getting paid to navigate a website for the first time and giving feedback to the website owner. Most tests take approximately 15 minutes, and you can get paid up to $10 for each test. A test involves performing a scenario on the client’s website and recording yourself doing it. For example, you might be asked to go through the process of selecting and purchasing an item on a retailer’s website.[1]
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.
However, if you do understand the mechanics of paid advertising, then you could easily launch an ad management business. Considering that ads are fueling the growth of tech giants like Facebook, Instagram, Google and YouTube, with loads of others coming into the mix, understanding and navigating the murky waters of paid advertising could poise you to reap massive riches. 

If you love leaving customer reviews on sites like Amazon, it may be beneficial to look into affiliate marketing as a source of income. Word-of-mouth advertising is still a huge lead generator for many companies, and a lot of businesses are willing to share a portion of their profits with persuasive individuals who will promote their products to the public.
Editorial Disclosure: Inc. writes about products and services in this and other articles. These articles are editorially independent - that means editors and reporters research and write on these products free of any influence of any marketing or sales departments. In other words, no one is telling our reporters or editors what to write or to include any particular positive or negative information about these products or services in the article. The article's content is entirely at the discretion of the reporter and editor. You will notice, however, that sometimes we include links to these products and services in the articles. When readers click on these links, and buy these products or services, Inc may be compensated. This e-commerce based advertising model - like every other ad on our article pages - has no impact on our editorial coverage. Reporters and editors don't add those links, nor will they manage them. This advertising model, like others you see on Inc, supports the independent journalism you find on this site.
Easy business loans have a simple application, offer many options, and feature quick approval and funding. This helps business owners apply quickly and focus their efforts on their business instead of wasting time looking for financing. Whether you need short-term or long-term working capital, there is an easy online business loan available 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:
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.
×