Small businesses are becoming increasingly popular for millions of workers in an uncertain economy. With layoffs increasing and a recession possibly on the way, many people are looking to make extra cash by creating their own ventures.
Starting a small business can be challenging, but some typically don't take as much effort to start. If you want to start a business quickly, consider the following avenues.
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Freelance writing
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If you already have a strong background in content and marketing, use your writing skills to create content for clients. This might include blogs, articles, and product descriptions.
Companies are always looking for freelance writers to fill in content gaps. It's a cost-saver for companies to hire you rather than bringing on a full-time employee, and it's more money in your bank account.
Personal training
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Are you passionate about fitness? If so, help clients reach fitness goals by providing workout plans and one-on-one training sessions.
Typically, you will need a certification to work as a personal trainer. Once acquired, tell friends and family about your new gig and post about it on social media accounts. Word of mouth can be a big help in getting you started.
Cleaning services
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Cleaning can be a nuisance for some, while others find it satisfying. If the latter describes you, make cash by cleaning homes and offices.
Offer services such as dusting, vacuuming, and sanitizing. Post about your availability on platforms like Craigslist so people in your area can reach out to you.
Resolve $10,000 or more of your debt
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 46% before fees, or 25% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.
Lawn care services
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Lawn care services are a necessity, either year-round in warmer regions or seasonally in other places. If you're already in charge of lawn care for your property, why not also maintain the lawns and gardens of your neighbors?
This can include mowing, trimming, and fertilizing. Place a sign on your front lawn after it's freshly cut, letting your neighbors know that you're available to do the same for them.
Tutoring
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If you have a knack for teaching, explaining, or mentoring, consider tutoring. You can help students in a variety of subjects, either in person or online.
You might get a boost by specializing in particular subject areas. Post your services in colleges and parent Facebook groups in your area.
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Personal chef
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Those who have fun in the kitchen and enjoy whipping up a new meal might want to consider cooking and preparing meals for clients in their homes.
Start by posting about your passion for cooking on social media accounts and letting those around you know that you're available to cook.
Event planning
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If friends and loved ones constantly look to you to organize social activities, consider using that talent to make money as an event planner.
Plan and execute events, such as weddings, corporate gatherings, and parties. To get started, you might want to offer to plan an event for someone you know at no cost. Then, ask them to spread the word to others about the job you did.
Photography
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Are you a photography aficionado? Take that skill and turn it into some extra cash by taking and editing photos for clients. Try family portraits, wedding photos, and product images.
It helps to create a website to display your best photography. From there, people can find you on the web.
Social media management
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Social media gurus can consider helping local businesses and individuals manage their social media accounts by creating content and engaging with followers.
Check out the websites of local businesses and individuals near you. If you think their social media presence needs attention, then give them a call to pitch your services.
Earn cash back on everyday purchases with this rare account
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2 <p>See website for details.</p>
With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!
This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.
Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.
Graphic design
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Graphic and visual design have become increasingly important in an age of visual media. If you're crafty with photo editing, logo creation, website design, and the like, consider taking these skills and making money for yourself.
Create visual designs of all kinds for businesses and individuals. Similar to photography, it's best to build a website showcasing some of your own graphic design work to drum up interest with potential clients.
Bookkeeping
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Provide accounting and financial services, such as tax preparation and payroll management, for small businesses and individuals.
This is a service that is usually in demand, even during a slowing economy.
Handyperson services
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If you are handy, consider offering general repair and maintenance services, such as fixing leaky faucets, installing appliances, and painting walls.
This is a service where once word spreads about your high-quality work, those referrals could lead to future clients.
Housesitting
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Housesitters live in or check in on someone's property while the owner is away from home. Tasks might include collecting mail, watering plants, and ensuring home security.
Not only will you get to change up your everyday environment for a time, but it may also help you lower your financial stress.
Personal shopping
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Personal shoppers help clients select and purchase clothing, gifts, and other items.
Many people will gladly pay for this service because they're looking for a sounding board or a second opinion while making purchases for themselves or others.
Pet care services
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Are you a pet lover? Providing services such as pet sitting, dog walking, and grooming for other pet owners can help you boost your bank account.
It might be best to start with word of mouth. People who know and trust you are more likely to hire you for pet care. Then, those same individuals can be your references for future clients.
Bottom line
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There are so many ways you can take a skill you already have and translate it into a small business. Creating a small business of your own can give you the freedom and flexibility to work when and where you want.
While the state of the economy remains murky, your entrepreneurial and small business efforts don't have to be. You might even make enough money to retire early down the line.
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