20+ Best Part-Time Businesses to Start in 2024 & Make Money
WFHR EditorLast updated: January 11, 2024
Are you looking to start a part-time business and make extra income? This penned exploration is for you! Creating a side hustle in today’s competitive world can generate additional revenue.
We will provide multiple unique ideas for potential businesses you can pursue, ranging from web development to consultancy to mobile app design. We provide helpful advice on strategies, insights into the latest trends, what to do to get started, and much more.
So if you’re ready to flex your entrepreneurial muscles and capitalize on the opportunities of the modern economy, read on!
Best Part-Time Business Ideas You Can Do From Home
Are you looking for a way to earn extra cash? With the rise of digital technology, starting a side business without quitting your full-time job is easier than ever. From online stores to mystery shopping, plenty of part-time business ideas can help you make money in 2023.
Do you want to make a full-time income or just some additional funds? There are numerous options available. Examples include virtual assistant, copy editor, social media specialist, blogger, personal trainer, caregiver, dropshipping business, crafting/artist, and digital creative roles. Writing, proofreading or copyediting, and taking surveys also offer high payouts as side jobs. Selling baked goods and stock photos can be lucrative too!
You may also consider launching an online store or joining a food delivery service. An online store requires minimal startup costs and no need to leave home. At the same time, food delivery services provide excellent opportunities for those looking for extra money on the side – get paid delivering food from restaurants or meal delivery services right at customers’ doorsteps!
These side gig ideas will let you quickly start a part-time business and make money! No matter which option you choose, though – research and planning are key to success!
#1: Join a Food Delivery Service
Among the finest popular side gigs? Joining a food delivery service. This job lets you make money in your free time without leaving home. All you need is the right equipment and a reliable internet connection. Food delivery services are available in many cities and towns – sign up to become a driver and earn extra cash!
You’ll require a valid driver’s license, car insurance, and an excellent driving record. You may also need to have a smartphone or car for deliveries. Additionally, check the requirements of the food delivery service before joining.
Once set up your account, begin making deliveries! Find orders through their app or website – use your car or company vehicle for deliveries too! Plus, take advantage of advertising opportunities to attract more customers.
Food delivery services are great for making money in your spare time with the right equipment & advertising – create a successful business!
#2: Mystery Shopping
Mystery shopping is a technique employed by marketing research firms to evaluate the quality of customer service and overall experience at retail stores, restaurants, bank branches, or any such location.
Mystery shoppers provide comprehensive reports of their experiences and may be asked to take pictures or video recordings as proof. As a mystery shopper, you can make money in your free time while gaining valuable insights into customer service practices.
First, register with a mystery shopping company and create an account. You can then search for available assignments and apply for those that interest you. Instructions and payment for your time and effort will be sent when accepting a job.
It is essential to be aware of potential scams related to mystery shopping and investigate the company before signing up. Also, good communication skills and attention to detail are necessary for success in this business. Utilize contacts and promote services through social media platforms like blogging or other online outlets!
Mystery shopping is an excellent way to earn extra cash during your spare time – with the right abilities & knowledge; one can become a successful mystery shopper!
See Related: Best Part-Time Online Jobs to Make Money
#3: Start a Catering Business
Catering is a great way to make money from home if you are looking for a full-time business or a part-time side gig. With a few hours of work each week, you can start your own catering business and earn a good income.
To get started, decide what type of food and services you want to offer – such as a buffet or full-service catering. You’ll also need the necessary equipment and supplies like stoves, refrigerators, ovens, serving dishes, and the appropriate permits and licenses required to operate your business.
Marketing is key! Use flyers, business cards at local stores, or online ads (Craigslist) to advertise your services. Create an optimized website for local Google searches that will attract more clients.
Networking with teachers and other tutors is another excellent way to spread awareness about your catering venture! With the proper skill set and knowledge base, success awaits!
Home-Based Business Ideas that Highlight Specific Skills
If you have a knack for something, you can use it to launch a home-based business. Whether you’re an artist, author, programmer, or have another talent, there are plenty of ways to monetize your skills. For instance, you could start a virtual assistant service to help small businesses with administrative tasks, become a voiceover artist and narrate videos, or teach English online in your free time.
Even if you don’t possess any special abilities, many home-based business ideas don’t require any particular skill set. You could rent space in your house, lease out your car, invest in real estate, or take on part-time consulting gigs. You can find your perfect home-based venture with the proper research and effort.
When starting a side hustle, it’s essential to devise a plan first. You need to decide what kind of company you want to establish; how much money do you wish to make from it? And how much time can be devoted to this endeavor? Additionally, create a budget and track expenses while setting aside some hours for marketing and networking activities.
By utilizing your talents and resources effectively, you can build an effective part-time business that will bring extra income into the household – whether full-time earnings or just supplemental cash flow is desired! Numerous opportunities are available regarding launching part-time businesses, so get started today!
#4: Start a Voiceover Business
Starting a voiceover business is an excellent way to make money from home and creatively use your talents. Voiceover services are highly sought after, especially in the entertainment industry. To launch a successful voiceover business, you must know the industry and technical abilities to produce quality audio recordings. You should also be comfortable with public speaking and working with customers.
When advertising your voiceover business, you must create a portfolio of work, construct a website, and promote your services on social media platforms. Additionally, consider joining freelance marketplaces such as Fiverr or Upwork for increased visibility and more clients. Networking with other voiceover professionals and attending industry events can also help boost exposure.
Monetizing your voiceover business is another vital factor to think about. Depending on the project, you can charge clients an hourly or flat fee. Offering different packages will also set you apart from other businesses in this field! Finally, consider creating and selling audio products like sound libraries for different income potentials!
With the proper skill set, marketing tactics & monetization strategies, making money through a voiceover business is achievable! By utilizing your skills & investing time into learning how to run this type of home-based venture – success awaits!
#5: Teach English to Overseas Students
Teaching English to overseas students is a great way to make money while helping others learn a new language. To become an English teacher, you must possess a good command of the English language and understand the fundamentals of teaching. You’ll also need access to reliable internet and a microphone and camera for online classes.
Marketing your services requires creating a website, joining freelance marketplaces, and advertising on social media. Additionally, consider developing online courses to expand your reach and generate passive income. Networking with other teachers and attending industry events can help increase visibility too.
Monetizing your business involves charging clients hourly or offering packages such as group classes or one-on-one sessions. Different levels of courses like beginner, intermediate, and advanced are available too – plus writing/editing services if desired!
With the right skills & qualifications in place, this part-time venture can be lucrative! Invest time into learning about business operations & leverage your abilities; success awaits!
See Related: Best Online Jobs For Moms
#6: Start a Home Inspection Business
Starting a home inspection business is a great way to make money from home. To become a successful home inspector, you must understand building codes and regulations, recognize potential problems, and possess good communication skills. You also require the right equipment, such as ladders, flashlights, and measuring tools.
Marketing your home inspection business involves creating a website, joining local associations for inspectors, advertising on social media platforms, and producing print materials like flyers or business cards. Networking with other professionals in the industry and attending events are also necessary steps to increase visibility.
Monetizing your venture requires charging a flat fee per inspection or offering packages such as monthly services. Additionally, you can provide additional services like air quality testing, pest control, or radon testing for extra income. With the correct qualifications and knowledge of how to run it as a business – anyone looking for extra cash can create an effective home-based company!
Miscellaneous Home-Based Business Ideas
If you’re looking for a way to make extra money, plenty of options don’t require much effort or capital. From virtual assistant services to pet care businesses, you can find a thing that fits your lifestyle and interests. You could even start an online store or blog without any investment! With the proper planning and resources, you can earn a comfortable living while still having a full-time job.
No matter what type of part-time business you decide on, having a plan and the correct tools is crucial to help you succeed. A business consultant can assist with creating a business model and devising an effective strategy for success.
Additionally, researching similar companies in your area is indispensable – this will give insight into what works best for them. With dedication and hard work, your part-time venture has the potential to be successful!
#7: Rent Out a Room in Your House
Renting out a room in your house can be a great way to make some extra cash while providing someone with a place to stay. Whether you have an independent guesthouse or an unused bedroom, renting it out could help you earn money without much effort.
Renting out a room involves creating a rental agreement, abide by local laws and zoning permits, and getting the property ready for rent. It also requires verifying potential renters through background and credit checks.
The money you can make from renting out a room depends on numerous factors, such as the space’s location, size, and amenities. If your home is in an area that attracts tourists or is particularly lovely, you can charge more for accommodation. You may even offer additional services like breakfast, laundry, or parking to increase its value further.
When marketing your rental accommodation, multiple online platforms, such as Airbnb and Vrbo, will allow you to reach more people quickly. Additionally, attractive listings on these sites combined with social media promotion should help build up interest in your space – don’t forget about leveraging your network too! With the proper preparation, this could become quite a successful part-time business venture for yourself!
Renting out a room in your house has many benefits, but remember that staying compliant with local laws & regulations, plus having insurance coverage, is indispensable for yourself and any renters who come along!
#8: Rent Out Your Car
If you’re looking for a way to earn money from the comfort of your home, renting out your car is an excellent choice. Travelers, business people, or those needing a particular event vehicle may all be interested in hiring it.
The process is similar to leasing houses or apartments on Airbnb – you can set the price and availability of your car. It’s also essential that you have adequate insurance coverage to protect yourself and renters alike.
Renting out your car can be an incredible source of income in the short term; plus, with proper insurance coverage, you can do so without worry. You could use this extra cash to pay bills or save for future needs. Besides, it’s an opportunity to meet new people and learn more about where you live!
Before beginning, ensure that your car is in good condition and that you possess all the necessary documents for renting it out. Additionally, utilize peer-to-peer rental services such as Turo, HyreCar, Getaround, or Avail, to manage payments and other aspects of the rental process. Once everything is ready, start making money by renting out your car!
Renting out cars offers excellent potential for earning money quickly; however, it could become a successful part-time job with correct preparation and resources! By understanding any risks involved and the legal requirements associated with this activity, you and the renters are kept safe while ensuring that the vehicle always remains in top shape.
#9: Invest In Real Estate
Investing in real estate can be a great way to diversify your income streams and build wealth. There are two main strategies: active and passive. Active investments involve buying and selling properties, or owning rental properties, while passive investments involve purchasing and holding investment properties or buying and selling real estate notes.
It’s indispensable to consider the costs associated with real estate investments, such as the down payment, closing costs, mortgage payments, taxes, and other fees.
Additionally, you may need to hire a real estate attorney for paperwork help. With the proper preparation and resources, you can make your real estate investment a success – reaping the rewards for years to come! You can also use the income from these investments to supplement other sources of income like full-time jobs or part-time businesses – making it an integral part of your portfolio with the correct strategy in place.
See Related: Best Business Opportunities to Start Today
Tips for Running a Part-Time Business
Running a part-time business can be a great way to supplement your income and explore new ideas. You can turn a hobby into a lucrative side gig with the right part-time business idea.
To ensure success, it’s vital to understand the market demand for your product or service, have vital planning and organizational skills, involves the family in the business’s goals and mission, and evaluate needs while making the most of every minute. Here are some tips to help you succeed with your part-time venture.
Research what people need – make sure there is a desire for what you’re offering. Have a clear plan and timeline – without this, it will be hard to grow the business. Involve family members – let them know about goals and the amount of time needed for success; provide incentives for team members so they understand the company’s mission; learn how to do things yourself first, as it saves money in the long run.
If resources are limited, consider hiring a virtual assistant or consultant so that the focus is on tasks that generate cash flow. By following these tips, chances of success increase significantly!
The Bottom Line on Best Part-Time Businesses
The bottom line of the best part-time businesses is plenty of options. You can pick from various business ideas depending on your skills, interests, and lifestyle. Pet care services, graphic design, and errand services are some popular ones. With proper preparation and guidance, launching a part-time business carries a low risk – it’s an excellent way to supplement your income.
When selecting what business to start, consider factors like startup costs, time available for the venture, and domain expertise needed. To open a physical location, compare renting or buying prices with opening a restaurant or coffee shop. Look for resources featured in Forbes, Business Insider, or Entrepreneur that can help you get started.
Researching potential businesses requires creativity and experimentation – home inspection or voiceover services may be great opportunities to make money while working independently. There are also zero investment ideas, such as renting out space in your house or investing in real estate, which can generate extra income without breaking the bank.
No matter what part-time business you choose, having a plan plus consulting with an expert will ensure success and maximize profits quickly! With dedication and advice, you’ll succeed with your part-time venture soon enough!
With the proper preparation, advertising, and network of contacts, it is possible to build a successful part-time business. Whether you offer food delivery services or rent a room in your house, numerous side gig ideas are available to make money while leveraging skills and qualifications.
Home-based businesses can be done remotely, such as teaching overseas students or starting a voiceover service. Investing in real estate to diversify income streams and rent vehicles for short-term profits can also benefit.
By researching the market demand, understanding the goals and needs, family involvement, outsourcing tasks, and evaluating potential risks, one can successfully run a part-time business to make extra money or become a full-fledged entrepreneur. Utilizing this guide, individuals this year have the opportunity to kickstart the perfect side project and earn a living with the possibilities of their creativity.
Frequently Asked Questions
Which business is best for part-time?
Since virtual assistants and freelance writing and editing can be done on a flexible schedule, making them perfect part-time jobs, they are the best businesses for part-time. These jobs offer an ideal way to balance your time between work and home.
What is considered a part-time business?
In summary, a part-time business is any company that employs staff who work fewer than 35 hours per week. Depending on the organization, this definition may differ. Nonetheless, the most common advice defines part-time employees as working an average of 30 to 35 hours per week.
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