Quitting your job to start a new business can be exciting, but it’s also a huge financial burden if you don’t have a lot of money saved up. Taking on a part time side business could help ease the strain on your wallet, and help you gain some other skills while you transition into entrepreneurship.
If you’re passionate about your business idea and willing to do the necessary research (including obtaining any necessary certifications), you can make your entrepreneurial dreams a reality. Here are 14 business ideas perfect for aspiring part-time entrepreneurs.
1. Uber Driver
Living in an area with a lot of bars, restaurants and nighttime activities can be beneficial to someone looking to make a few extra bucks. If you have a valid driver’s license, proof of registration and car insurance, your car may be Uber-eligible. For those looking to spend some of their extra time driving others around, and make extra money while doing it, this should be something you consider. After you sign up, there is an online screening which will review your driving record and criminal history. You also need an eligible 4-door vehicle. For more information on what qualifies you and your car, visit the Uber website.
2. Notary Public Service
Many people become notaries to add value to their resume. To become a notary public, you need to get certified by the state, which usually costs less than 100 dollars. Each state has different requirements, so visit the National Notary Association to figure out what your state requires. Once you are certified, you can start performing notary services at any rate that you choose.
3. Yoga teacher
If you’re a yoga aficionado, you can turn your passion and skill into a part-time business by becoming an instructor. If you’re willing to put in the time and effort to become a certified yoga teacher, you can teach classes at different gyms and health clubs. You can even run a mobile yoga business by offering to teach classes at local schools, businesses and other organizations. And if you eventually decide you want to start a full-time business and open a yoga studio, you’ll have the certification and experience to do so. You can find out more about becoming a certified yoga teacher through the Yoga Alliance.
4. Tutoring service
Whether you’re an academic or you have a special skill (like computer expertise or fluency in another language), it might be time to get into the tutoring business. First, figure out your target audience of students — for example, are you looking to help high school students with math, or teach computer skills to adults? Once you know whom you’re looking to reach, start advertising your services. If your students are happy with the results, ask them to refer friends or other organizations that can use your help, and build up a clientele from there.
5. Hair Stylist/Makeup Artist
Beauty school isn’t a prerequisite for launching a successful hair or makeup business. For those who can create masterpieces with a teasing comb and some hairspray, you only need a good reputation and client trust. Since beauty professionals often build their business through client referrals, Businessweek recommends working on friends and family for free or at a discounted rate at first. Once you have a solid customer base, you can offer competitive rates for updos and makeup for weddings, proms and other special events.