33 New Business Ideas That Make Money – Part III

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Here are some useful business ideas which can help entrepreneur to start the business in this competitive world.

Toy Shop
This is one of the profitable business ideas, you can import toys from china with very low rate and resale it to your local area. Also, you can keep high quality handmade toys. Children love toys and you can definitely earn by this business.

Uber Driver
This is one of the part time businesses you can start on weekends. You can drive a car whenever you want. If you want to earn extra just, register your car with Uber and start earning. A lot of people are doing this business full-time.

Buy and sell domain name
Some of the companies are very picky when it comes to the domain name. You can buy domain names from godaddy.com or namecheap.com and generate future valuation. Buy a domain name and wait for a buyer to pay you extra. You cannot start this business full time as little effort requires and it’s a chance that you would not get buyer in near future.

Buy and sell Website
Some existing website has a huge amount potential in future. If you are confidence about website revenue, you can buy from Flippa. Make sure, you do enough research before buying a site; owner can lie to you about revenue generation and website traffic.

Buy and sell Bitcoin
This is one of the risky but high profitable business ideas. Bitcoine is decentralized digital currencies, the price of bitcoin increased 10 times over the year. If you got some spare money to invest, you can definitely think to buy bitcoin as it is gained a lot of popularity over the year. This is one of the new business ideas that make money.

Modelling
If you are confident and have a attitude, you can definitely think for this unique business. Big brands need someone to promote their brand with the good personality. First, you can start yourself, after that, you can hire model to work for you. First of all, built attractive portfolio may give you good start.

Advertising on Vehicle
Yes, you can turn you car to money making assets. Big brands pay vehicle to advertise their business into their vehicle. You do not require any effort to earn this kind of money. They will pay you monthly on the basis of size of poster.

Rent your space
People are always looking for a place for the party, function or personal meetings. You can rent out your place on hourly basis. This can generate extra income for you especially; you are living in a downtown area. If you own a unique site, for example studio, boat, a company like tagvenue can help you to connect with clients.

Flea Market Shop
People are spending weekend on shopping. You can sell some unique items like old coins, ancient toys, video games, bags etc. It is important that costumer come back again and again. You need to sell items in reasonable price and keep unique items only. This is you can count as a weekend business or part time business.

Solar energy consultant
This is one of the booming industries; you can conduct home inspection and suggest solar option. Solar option might be cheaper for long term and good for the environment. You can directly charge fees and commission from the company. Nowadays, government is helping to install solar panel by giving subsidies.

Used Book buy and Sale
People sale books after reading. You can start this business online or by physical shop. Just, buy used book from readers and resale it. You can target specific kind of books like related to history, business or fiction to target niche market. If you can collect books which are rarely available and sale, you can generate huge amount of profit.

These are the new business ideas that make money; you can brows latest business ideas from entrepreneurs who are seeking for investors at Idea Of Entrepreneur

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33 New Business Ideas That Make Money – Part II

idea-2181993_1920

Here are some useful business ideas which can help entrepreneur to start the business in this competitive world.

Food Truck
You can start a food truck which is specially design for morning breakfast. You can include a wide variety of option. People love to eat healthy food in the morning. You can arrange a mobile truck outside public places like a park, gym or sports ground.

For this, you may not need to rent a place for the restaurant. This is mobile if it doesn’t work at one place you can try the second location.

Food Catering Services
If you know how to cook and you have a good sense of taste, this business idea can make money for you. People need catering services in the birthday party, marriage, festival or other family occasions. You need around $500 for the initial grocery and kitchen equipment expenses.

Organic Food Service
This is new business ideas that make money for you. Organic farming is innovative business idea. It becomes popular as people becomes very health conscious nowadays. Organic farming restricts certain pesticides and fertilisers in farming. This kind of farming practice may be expensive than general farming. You need sale this food where people can afford to buy.

Cooking class
If you are a good cook and you are passionate about cooking. You can consider this business, a lot of housewives started online cooking course and they are earning very well. You can start your own YouTube channel and earn money.

Event Planning
Event management is one of the booming business ideas. Nowadays, people do not want the headache of arranging everything for an occasion. You need to plan and coordinate the event. There are so many universities who offers event management course. If you educate yourself, that would be an advantage for you.

This can be huge business once you develop contacts and relation with your client.

Cloth pressing service
This business needs very low investment at initial stage. You just need to buy a pressing machine. You do not need to rent a space for that, you can start from home.

Medical tour services
This is a very booming business industry if you are living in a developing country like India and China. Compare with other developed countries, medical expenses are very less in India. Also, in India, very experienced doctors are available who can provide cheap and quality services.

Babysitting
This is very popular business in developed countries. Usually, women are workaholic in metro cities. They don’t have time to take care of their kids, you could charge money per hour or day for taking care of their kids.

Pet Care
If you love an animal this idea might work for you. This could be a perfect business model for urban areas. Rich people don’t have to time to take care their pets. They will definitely pay you if you keep their pets for some time.

Driving School
This can be evergreen business as day by day cars are increasing a lot. You do not need much investment if you are a skilled driver. You can start by your own car when you started to get customers, you can buy your own car

Security Agency
Security is requiring for almost every business. This is high-skilled good business ideas. If you are well experienced security officer, this business becomes easy for you to start because it requires a certain amount of skills and need to follow rules and regulations.

33 New Business Ideas That Make Money – Part I

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Here are some useful business ideas which can help entrepreneur to start the business in this competitive world.

Blogging
Blogging is an amazing job but, you have to have passion for writing. For most of the people, blogging is a boring job. If you really love writing, this is one of the low-cost business ideas.

You just need to spend around $200 to buy domain make a basic website and all set. You can earn by putting advertising on your blog

Website design
This field is booming recently, No matter your business is small or big, you need a website for your business. You can work full time or as a freelancer. This is one of the top money making business with a minimum investment. You just need a laptop and internet connection.

However, not everyone can do this business; you need to have some developing skills to make a well-optimized website. Once you make it, you can charge for maintenance every year.

SEO expert
Just making a website is not enough. The real work starts after that. Online presence is the key thing for every successful business. To become an SEO expert you don’t require any college degree. You should know key skills to rank website top on Google.

However, nowadays SEO algorithm is changing a lot. So, you need to keep yourself update with SEO guideline.

Social media expert
Nowadays social presence is the key thing for business. One can drive a lot of traffic by social media marketing. If you are expert in using social sites like Facebook. Instagram, Twitter, Tumblr, and much more, start this business part time or full time

Youtube video making
Some YouTubers are making millions from videos and some of them are struggling a lot. This is totally depending on your skill and knowledge. The amount of money you make depend on a number of views you get. Become a youtube celebrity is not the overnight process.

You need to have a patience and passion for keep moving in this industry. You can record your video by using smartphone or camera. This is one of the low cost business ideas that might make you millionaires.

Photographer
You just need to buy a good camera and other equipment. If you have a good sense of photography, this business can generate side income for you. First, you start shooting with friends and family for free then, build a strong portfolio. After that, charge the reasonable amount to become famous. Once you become famous, people will pay extra amount just by your name.

Used Items Buying and selling
You can buy and resell stuff like television, laptops, furniture, toys etc. You can do this commission based. Be genuine with this business. If customers satisfied they will come again. You need zero investment for this business, however, you have to spend time for market research.

Home Fitness Trainer
There are a lot of people who do not want to go gym and prefer to do the workout at home. If you are in good shape and you know how to exercise properly, it is a good idea to become a fitness expert.

Dietary consultancy services
Everyone wants to stay in a good shape. Most of the people have very less knowledge about healthy diet. You can provide valuable information about daily food intake. Keep reminding them about their diet, schedule food intake. If you can provide a sound customer satisfaction, this could be one of the profitable business ideas.

Health Club
Day by day people is becoming health conscious. You cannot ignore this business. It will give you a sound amount of ROI. You can get initial help by the bank as you require buying a lot of equipment. In many cities, this business has high amount of competition.

Dance class
If you are skilled dancer you can start dance class which is a unique business idea option. Nowadays, youngsters like to learn dance as a hobby or to stay fit. This could be zero investment business idea; you can start from your home too.

6 Smart Funding Sources for Small Business

6 Smart Funding Sources for Small Business

As Mark Cuban, co-founder AXS TV, quotes, “Sweat equity is the best start-up capital,” let’s face it, no matter how true the quote may stand, we all need that one backup that keeps us going and building castles out of the raw sand. Giving a definite shape to your business idea not only involves an excruciating level of planning but finding the right sources of finance for small business start-ups makes for the real deal. For most budding entrepreneurs, this process can be hard and daunting. What really makes it more frustrating is looking for internal and external sources of finance which do not work.

Here, in this post, we bring forth a list of authentic, tried-and-proven funding sources for small business ventures that actually work. Just remember, finding the right investor for your start-up is a game of patience and endurance. Rejections are part and parcel. The sooner you get over them, the more focused you shall be to attain success.

Types of Sources of Finance

Personal Savings
This makes for one of the best types of sources of finance for starting any business, provided if you can afford it. It gives you 100% control over your equity and decision making power of where and how to spend the money. Furthermore, you’re not liable to present any justification to anyone. You also exercise the freedom of operating at your own pace.

Borrowings from Friends or Family
As the name suggests, this money equalizes a loan taken from your spouse, parents, siblings, extended family members or friends. Banks claim this type of funding source as ‘patient capital,’ that needs to be returned/repaid later as the business flourishes and earns steady profits.

But some points are worth consideration here. The first and the foremost of these is borrowing money from a family member or friend can ruin your relationship in the event that your business doesn’t work out as expected or your level of profits is too low to start repaying the borrowed money. Furthermore, you’ll be liable to involve them in your business decisions and/or profit sharing ratio as well. In any case, it’s best to have a formal agreement signed by both the parties on agreed points relating to money, stake in the business and profit distribution.

Venture Capital
While there are many internal and external sources of finance that suit all types of business start-ups and entrepreneurs, Venture Capital certainly doesn’t. Right from the very first beginning, it’s vital for you to be aware of the fact that venture capitalists normally look for tech-driven businesses only which speak of high-growth potential, and belong to fields like information technology, biotechnology and communications.

Venture capitalists typically have an equity stake in the company and help carry out business activities as well. They also expect a healthy return on their investment, which is usually guaranteed to them at the beginning of their partnership. If you plan to opt for this type of funding source be sure to partner with a venture capitalist who brings along relevant knowledge and business experience with him/her.

Credits or Loans
If you’re looking for temporary or small investment amount, it’s best to raise it either through your credit cards or home equity loan. While these may seem as easy funding sources for small business ventures, they do come with a ‘Beware’ sign with them. If you fail to repay the amount on time, you could not only ruin your credit score, but also put your home in jeopardy.

Angel Investors
Angel investors are usually well-known, wealthy individuals or retired company personnel who hold the key interest in investing in small, start-up ventures. They are often the veterans of their industry and hold extensive experience. Angel investors or simply ‘Angels’ typically invest an amount that falls between $25000 and $100000. In turn of staking such a huge amount, Angels generally reserve the right to supervise the business functions and management practices. They also make for one of the Board of Directors of the company and assume profit sharing.

Accelerators
Otherwise known as Business Incubators, Accelerators usually offer support to start-ups at various stages of development. While there are some that provide high-tech services, there are many that help with other back-end activities such as job creation, revitalization and hosting, and sharing services. Technically speaking, Incubators invite start-ups and other fledgling ventures to share the same space along with their administration, technical resources, and logistics.

Such kind of funding partnership can last up to 2 years. Once a start-up is ready to function independently, it withdraws its services and terminates the contract signed.

Getting such kind of funding is considered as a blessing in disguise. You usually get an access to state-of-the-art sectors such as biotechnology. Multimedia, information technology, and industrial technology. It’s also a fact that businesses that partner with Incubators or Accelerators speak of a better rate of success during their first five years of inception that others.

Of all these internal and external sources of finance one thing is very clear, they call come with their own set of pros and cons. No matter what type of business you’re planning to establish, carefully assessing these sources of finance for small business start-ups is important.

For financial management is at the heart of any business. It is one area that can help drive it forward!

Best Crowd Funding Sites for Business Startup

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Crowdfunding is not a new concept, from a long time books author used this concept to write a book. If enough people would subscribe or shows their readiness to buy then the book would be published. It creates confidence in the author that enough people would buy the product when we reach out to the customers. Also, it is a great tool for market research before starting manufacturing. The same concept applies into the product with a real money involvement. Artistshare is one of the oldest crowdfunding platforms. It started in 2003, mainly designed for creative artist who allows public to finance and raise fund for the creative project. After that Indigogo in 2008 and Kickstarter in 2009 gained huge popularity in the market.

Types Of Crowdfunding platform

  1. Reward Crowdfunding
  2. Equity Crowdfunding

1. Reward Crowdfunding
This type of crowdfunding may use variety of purposes, such as making a video game, software, scientific research or some social cause. Here, entrepreneurs sales their product before launching it. Nowadays this type of concept becomes very competitive. So, first entrepreneurs generate pledge by their friends and family to create importance of the product.

2. Equity Crowdfunding
Investors may get the percentage of ownership of the company, usually in the form of shares.

Crowdfunding is very popular in North America. Globally, this industry projected to reach US $1 trillion in 2025. In 2015, there were around 2000 active crowdfunding sites available to raise fund for entrepreneurs. We would not able to highlight all of them but, we will talk about best crowd funding sites for business startup.

  • Kickstarter
    According to Wikipedia Kickstarter got more than $1.9 billion in pledges from 9.4 million backers to fund 257,000 creative business or project. The platform is available to backers from all around the world and to creators from the US, UK, Canada, Australia, New Zealand, The Netherlands, Denmark, Ireland, Norway, Sweden, Spain, France, Germany, Austria, Italy, Belgium, Luxembourg, Switzerland, and Mexico. It is very popular in North America. According to Alexa, Kickstarters’ global rank is 479 relative to other sites in May 2017. Kickstarter is based on all or nothing concept.
  • Indiegogo
    This is one of the first popular sites to offer crowd funding. Indiegogo takes 5% of the total contribution. Also, creators should pay credit card or PayPal charges which are between 3.5% to 9%. In this, you can choose either funding model among all or nothing or keep what you raise. Indiegogo raise more than US $1 Billion and growing. It is helping every step from concept to shipping. According to Alexa, Indiegogo’s global rank is 1458 relative to other sites in May 2017.
  • Gofund me
    GoFundMe is a unique website where they are not an incentive-based website. Although they do allow projects which are designed to fund other projects. GoFundMe business model includes social cause, tuition fee or other noble cause. According to the website, this platform raised US $3B so far with 25 million donors. GoFundMe charges 5% fee in addition of around 3% processing fee. This site is very useful if you asking for donation. According to Alexa, GoFundMe’s global rank is 1248 relative to other sites in May 2017.
  • IdeaOfEntrepreneur
    First open source platform in the world where you can make business partners and grow business together. If you have an idea or want to expand your business, simply, you need to post your business ideas and investors can contact you directly. There is no fees or commission charged by this website. Investors could be your neighbor living on the next door or could be a person living 1000 miles away from you. This may change the era of entrepreneurship. Website claims to have 3000 active users and growing rapidly.
  • Razoo
    This website is claiming to raise over $97,000,000 and growing. The site relies on causes than profitable projects,Also, they do have a section for non-profit fundraising projects. Razoo charges very low rate as 2.9% and this may be the lowest possible among all sites. Razoo’s global rank is 1,49,000 relative to other sites in May 2017 which shows its popularity decrease over time.

How to Choose the Best Business Idea

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For most people starting a new business, it is the very difficult decision. Because all has their own obstructions and problems. Many are think that starting a new business is an inscrutable procedure. They want to start a business, but they do not know that where they should start. Most people are scared to start. They scare of the unknown or failure, or even the success, others start to feel a lot in the wrong impression and they feel they need to come up with things that never before have done a new invention, a unique service in other words, they feel that they have to change their profession again. Something has before them that stop them from taking important steps. In fact they have not an idea for starting a business.

Ideas are the key is to find and act on profitable ones. The best businesses start with a best business idea, and many of hopeful entrepreneurs are known well that best business ideas are the key point of success. Choosing the best business idea is one of the most important parts of starting a business.

A quality idea is a great way that gives you wings. Time after time, when people bring a business investment proposal or an idea they want to take to market. Most people wrongly choose a business. Once your idea has developed into a full business, it will become the potential to make money in a given environment. Having a greater idea will enable you to create a sound business strategy to establish and grow your business into one that’s better than the competition.

If you are looking to start a profitable business or anyone wants to start a new business it can be hard time to find suitable Idea. Luckily, there is a site “Idea of Entrepreneur” that offers suitable business ideas platforms. It is one of the reputed organizations in the industry engaged in providing best business idea to its valued customers. It is not only provides Profitable business ideas but also connects both investor and entrepreneurs. You can simply contact with Entrepreneur or you can leave your massage and discuss business plan directly.

Our businesses ideas will save you time and money and help you start and grow your business. So if you have sound of business plan you need idea, investor or looking for project to invest your money, Idea of Entrepreneur is the best way for you.

At here, you will get multitude of great ideas that help you to increase your business. We organically grow our managers and believe in investing in people to take the business to the next level. There is no other business in the market that can promise you that if you are good enough. It is focuses on business and provides information for you. It will be working in a fast paced, quick moving environment with like-minded people who are always looking to improve and be the best.

If you have any suggestions, you can also leave your message and discuss business plan directly. It also offers solid support by via email, phone or contact forms on their websites.