The Best Online Business Ideas

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Internet Businesses Rules & Regulations

Internet businesses have the same rules and regulations as traditional businesses, with a few specific rules that apply to the unique and immediate nature of doing business electronically. On the Internet, the U.S. Federal Trade Commission (FTC) oversees business compliance for the United States, and most of the rules and regulations specific to Internet businesses revolve around issues of privacy, data collection and how customer information is used.

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Privacy

Most Internet businesses collect personal information about customers in the form of addresses, phone numbers and credit card numbers. Even when an email address is the only information collected, however, the FTC requires Internet businesses to post a privacy policy. This policy must be easily locatable and must explain how the company uses any collected personal information. Regulations do not specify what can be done with the information collected, just that businesses state they intend to use it. So, if your Internet business collects telephone numbers with the intention of selling or renting those numbers, this practice must be stated clearly in your privacy policy.

Spam

Unsolicited commercial email messages, also known as spam, have strict regulations under the CAN-SPAM ACT. Designed to give consumers more control over of commercial email messages they receive, this law also makes it easier for consumers not to receive unwanted messages. The CAN-SPAM ACT requires Internet businesses to mark each commercial email as such and to also include a valid postal address along with an explanation on how to stop receiving future emails.

Related Reading: Regulations on Cancellation of Contracts Concluded Away From Business Premises

Truth

As with traditional advertising in newspapers, magazines, radio and television, there are rules about truth in advertising for Internet businesses. Internet advertising cannot be false or misleading, and specific claims must be substantiated with documented proof. According to the FTC, "a claim can be misleading if relevant information is left out or if the claim implies something that's not true."

Children

In 1998 the Children's Online Privacy Protection Act (COPPA) created new regulations that makes it illegal to knowingly collect personal information from children under the age of 13 without the permission of their parents. Internet businesses and websites that are designed specifically for children must publicly and clearly post policies on their website that lists the exact information they try to collect. This full disclosure list must be available for viewing before a child is asked for personal information. Additionally, child-focused websites are required to attempt to receive parental permission before collecting any information.

courtesy by : small business.chron.com

Online business ideas that you can start right away

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The small business guide to preventing online fraud

Research carried out by National Fraud Authority (NFA) and the Department for Business, Innovation and Skills (BIS) has revealed that a quarter of all small businesses have suffered some form of Internet based crime in the past year.

Home Office Minister for Crime Prevention Jeremy Browne said: "For too long online fraud has been seen as a victimless crime or simply a cost of doing business in an internet age, but left unchecked it can cost people their livelihoods."

The types of online fraud that small business owners need to be aware of include:

• Credit and debit card fraud.
• Identity theft.
• Mobile phone transaction fraud.
• Pay-Per-Click (PPC) fraud from online advertising such as Google AdWords.
• Delivery address fraud.
• International purchasing fraud.
• Pharming fraud where customers are directed to a bogus website.
• Malware that attempts to collect credit card information from merchants' online businesses.

Cybercrime can take many forms, but for online merchants being vigilant regarding the transactions that move through their online stores is vital to ensure that fraud it kept to a minimum.

Smaller businesses can often be unaware of some types of fraud. A good example is Pay-Per-Click fraud that could cost your business a great deal of money as each click on your ad is charged to you. The bogus ad also redirects the ad to the criminals' website depriving your small business of a potential sale.

Combating online fraud in your small business

As the Internet has continued to expand as a retail channel, so fraud has also expanded to exploit online businesses. Whether your enterprise has an online department or is a completely e-commerce based operation, there are a number of steps you can take to protect your business from online fraud:

• Always check the credentials of new customers. This is particularly important if they are placing large first orders with your business.
• Are the goods being ordered of high value that can be easily re-sold? This could indicate a fraud especially if multiple quantities of the same item are being ordered.
• Is the delivery address valid? Fraudsters will often try and get businesses to deliver to bogus addresses. PO Boxes should always be avoided.
• Check that the debit or credit card is not stolen. Also, is the purchaser the actual cardholder?
• Is the customer trying to split the cost of their order over several cards? This could indicate that the cards are stolen.
• Quiz a suspicious customer about their past orders if you think they could have stolen one of your regular customer's identity.
• Are orders from parts of the world your business doesn't normally sell to?
• Businesses that trade with other organisations should be aware of counterfeit invoice fraud.
• Always keep the firewall on your systems fully up to date to avoid customer details being stolen.

As most of the fraud that takes place is where the customer's card is not present, it's vital that your business has systems in place to identify potential fraudulent transactions. Answering 'yes' to any of the above questions doesn't automatically mean a fraud is taking place, but it does mean that that you should take a closer look at these orders before they are processed.

courtesy by : techradar.com

10 Reasons Why Your New Online Business Will Fail and How to Avoid Having These Things Happen

I read a statistic recently that said 90 percent of new online businesses fail in the first four months. Four months! The reasons for this? There are many. Having been through the journey myself recently here are the 10 main reasons I’ve seen people fail at starting their own online business.

10 Lack of commitment. You talk about how much you want to start your own business with your family or friends, but you never really commit to getting started. You keep waiting for the ‘right time’ or continue to ‘think about it’ without ever getting started.

9 Poor planning. You finally get started but you didn’t plan well enough for the financial, emotional, mental and physical implications. You didn’t save enough money, you didn’t do enough research. As a result, you run out of money and ideas very quickly with no plan of how to get yourself back on track.

8 Lack of action. You simply don’t take enough (or any) action. Or if you do, because you’re new at business your actions aren’t properly aligned to your business so you waste a lot of time.

7 You attempt to grow your following on Facebook and Instagram but instead of being tactful and succinct you spend entire days on there browsing aimlessly.

6 You don’t know who your target clients are, or where to find them. So when you do get yourself all set up with your new website, Facebook page and business cards you’ll be completely baffled as to why new customers aren’t queueing up out the door.

5 You have no idea about copy, SEO or sales, so as much as you are fantastic at what you do, you can’t sell yourself, so you get very little business.

4 Business plan; you don’t have one. Or if you do, you’ve just made it up with no real idea about how to generate the numbers or how to hit any of your targets.

3 Visibility. You keep yourself hidden behind the curtains (i.e. your laptop) as opposed to being as visible as possible.

2 You try to do it all on your own, without the support of others. You decide not to enlist the help of professionals and instead try to figure out everything on your own. You spend hours each week on non-money making tasks, such as fixing annoying tech issues with your website or mailing list. You end up scared, overwhelmed and lost, and frustrated at your lack of results. You realise there is a long road ahead that you aren’t prepared for.

The number 1 reason I see people fail at their new online business:

1 Comparison.

Social media can be dangerous for motivation, especially if it makes you feel negative about your own situation. Looking at what everyone else is doing and getting overwhelmed by their results can spell new online business disaster. Comparison crushes your creativity and feeds self-doubt, worry and concern. Concern that you’re not good enough, smart enough, young enough, old enough, not ‘liked’ enough, not earning enough or that there’s something wrong with you in general can really knock your confidence.

I faced this challenge a lot in my first year — looking at other people and comparing myself their success. I’m a member of a number of entrepreneurial Facebook groups where celebrating your success is encouraged. Success (apparently) breeds success, but what I found is that when you’re looking at other peoples skyrocketing results day after day, it can leave you feeling down and deflated, certainly NOT motivated, if you’re not getting those same results.

So what can you do to mitigate these 10 reasons why new online businesses fail?

10 Decide to do it and commit to doing it.

9 Plan ahead. Save as much money as you can and do your research. What software will you need? What marketing programmes will you use? Connect with other entrepreneurs and ask them for advice. What worked for them and what didn’t when they first got started?

8 Take consistent action that is aligned with your business. What is your end message? Who is your ideal client? Where can you find them? What problem are you trying to solve for them? How can you monetise what you are doing?

7 Use social media with intent, don’t just aimlessly browse. Get on there, do what you need to do, then get off. Staying off social media allows you to focus on your own creativity and progress, as opposed to being distracted by what other people are doing.

6 Get clear on who SPECIFICALLY you want to help. Tailor your website, Facebook page and any other form of marketing to reflect the ideal client you are trying to attract. You may have the ability to help a wide range of people, but this muddles your message and confuses people as to what you do. Choose your speciality, research it and promote yourself accordingly.

5 Learn sales. Chances are your marketing and promotions will start to attract clients to you, so it’s essential you can assist them through the process of actually signing up. Sales is matching their problem with a solution. Your solution.

4 A business plan is essential. What’s the minimum you will need to earn in order to survive? How can you ensure you achieve this? What’s the ideal amount you want to earn so you can thrive? How many clients will you need/units will you need to sell to achieve this? Understanding conversion rates brings your numbers to life - how big does your audience need to be in order for you to achieve your goals? Online purchase conversion rates are typically 1%....you do the math and add up the required numbers to hit your targets.

3 Be as visible as possible, daily, either using images of yourself or videos are even better. People connect with images and video content far more than they do with written text. Yes, creating an online business requires you to be visible - no negotiation.

2 Seek professional advice and support with anything you are struggling with. Sometimes money can be tight when you’re in your first year of business, so in that case shop around. You don’t have to pay for the biggest best latest guru coach on the market. Just get started with some sort of support and upgrade things as you can afford to.

1 Give up comparing yourself to others. The internet is saturated with online entrepreneurs. Protect yourself from overwhelm and simply don’t look too much at what other people are saying and doing. Sure, it helps to get ideas and see what works and what doesn’t. But avoid getting caught up in the hype of others peoples success and results. Everyone is on their own path, stay focused on your own journey and keep yourself moving forward step by step. Social media can be very invasive, turn off notifications or leave groups that don’t make you feel good about your situation.

When it comes to comparing your progress to that of others, I want to expand on that here. It took me a little while to realise that it can be misleading what other people post. A lot of people say they’ve ‘hit’ an income goal or ‘made’ X dollars in a certain month, but after getting to know some of these people better I realised this doesn’t necessarily mean they’ve got that cash in the bank.

When I worked in the corporate world, no company ever claimed it had ‘made’ X amount at the beginning of a new contract or when they’d signed on a new client. Often payment disputes could occur or clients simply didn’t pay. Unexpected costs could crop up or deals could be dropped all together at a moment’s notice. The money each company MADE was how much profit remained at the end of each month, quarter, financial year or contract - when all incoming and outgoing money had been processed and confirmed.

I’ve come to learn this is not the way a lot of online entrepreneurs promote their success. What they say they are making in their business sounds better than what it is. Not many tell you how much they’ve spent in a month, for example.

So if you’re looking at other people’s results and freaking out that you’re not there yet - relax. It’s possible that what you’re reading isn’t entirely true.

However, credit must be given where it’s due. Those people out there that are streaking ahead - chances are, it’s taken a lot more time than they let on to get there, they’ve invested a decent amount of money into professional assistance AND they’ve worked their butt off for it. They’ve applied themselves, promoted themselves, given away a heap of free stuff, been knocked down and got back up or failed at several other things before they finally got it right.

If you want more free information about how to successfully start and grow your online business, my free 7 step audio guide covering how I successfully left my corporate job to start an online business can be found here.

Being an entrepreneur is tough, mentally and emotionally, especially when the results in the first year are often inconsistent. But you can do it. Learn from your mistakes, try new approaches, and most importantly keep showing up. Sometimes obstacles can slow your progress (sometimes a whole lot at once can really throw you off track) but you’ve just got to deal with each one as it arises, keep coming back and showing up. You can do it. You can make your new online business a success.

Good luck! Greer.

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Internet Online Business opportunities for Pakistanis

Doing online business is not so difficult even when you are living in a country like ours. It is true that online business opportunities are vastly available for the people living in USA, UK and other developed nations, just because the clients do not trust Asians a lot in terms of placing their orders or doing any business with. But despite of all these things, you can still enjoy doing business in Pakistan. Here are certain business ideas for the readers to enjoy expanding their online presence and grasping more clients from all the four corners of the world.

1. Online Tutorship:

Believe it or not but online tutorship is itself a well versed business. For this purpose, you can create personal website where you can upload your tutorials. The students coming to your website would likely to buy those tutorials. In another case, you can join different educational institutions to become an affiliated tutor of. Once you are able to develop your repute as a tutor, this would open the doors of endless home-based job opportunities because plenty of students would like to have your educational assistance. This would work just like running personal academy.

2. Web Hosting and eCommerce:

You can also consider developing your business as a web hosting, domain and ecommerce service provider. In fact, lots of people in Pakistan are already into this business. Once you are able to develop a trustable repute in this field, the clients from all parts of the world would definitely like to hire your services, regardless of the thing that you are residing in Pakistan. For this purpose, a professional business website is must.

3. Writing and SEO Business:

A lot of SEOs and writers are earning handsome amounts online. You can also be into this well rewarding business. To make it happen, you first have to make a service website, where you have to showcase your writing and SEO services under different price packages, so that the customers when come to your website and are looking to hire your services, they can select the best appropriate package for themselves as per their requirements and budget.

4. Taking Tasks via Marketplaces:

You can also boost up your skills as an offline task taker. Doing this business is quite easy; join the different marketplaces like odesk, freelancer, elance etc. Different data entry and offline tasks can be taken from these marketplaces. Once you establish your profiles in a well mannered way at the marketplaces, more and more clients would hire your services and once you win a certain project, you can freely work at it from the comfort of your home. Might be soon a time will come when you would have much work to outsource. This would be a kind of perfect online business. So you can definitely give it a try living in Pakistan.

5. Become a Reviewer or Web Designer:

Plenty of products, items and gadgets come to our notice every day. If you think you have the best sparks of writing reviews, then do not waste your time and become a professional reviewer. For this purpose, you would have to join some websites and online companies but once your portfolio is developed, this would take a shape of your successful freelancing business. In another case, give a try to web designing business. Showcase the websites you have had been designing at marketplaces or social networks to get hired.

I am sure all these business idea would really be efficient for you to take a start of a successful online business in Pakistan. Please let us know how did you like our post with your comments!

Courtesy by : onlineustaad.com

How to Start a Business Online

There is a proven sequence of steps you can follow to guarantee your success when you're starting a small business online. I've seen thousands of people start and grow successful businesses by doing the following:

1. Find a need and fill it.
2. Write copy that sells.
3. Design and build an easy-to-use website.
4. Use search engines to drive traffic to your site.
5. Establish an expert reputation for yourself.
6. Follow up with your customers and subscribers with e-mail.
7. Increase your income through back-end sales and upselling.

Anyone, from newbie to seasoned online entrepreneur, can benefit from this process in learning how to start a business online.

Step 1: Find a need and fill it

Most people who are just starting out make the mistake of looking for a product first, and a market second.

To boost your chances of success, start with a market. The trick is to find a group of people who are searching for a solution to a problem, but not finding many results. The internet makes this kind of market research easy:

• Visit online forums to see what questions people ask and what problems they're trying to solve.
• Do keyword research to find keywords that a lot of people are searching, but for which not many sites are competing.
• Check out your potential competitors by visiting their sites and taking note of what they're doing to fill the demand. Then you can use what you've learned and create a product for a market that already exists--and do it better than the competition.

Step 2: Write copy that sells

There's a proven sales copy formula that takes visitors through the selling process from the moment they arrive to the moment they make a purchase:

1. Arouse interest with a compelling headline.
2. Describe the problem your product solves.
3. Establish your credibility as a solver of this problem.
4. Add testimonials from people who have used your product.
5. Talk about the product and how it benefits the user.
6. Make an offer.
7. Make a strong guarantee.
8. Create urgency.
9. Ask for the sale.

Throughout your copy, you need to focus on how your product or service is uniquely able solve people's problems or make their lives better. Think like a customer and ask "What's in it for me?"

Step 3: Design and build your website

Once you've got your market and product, and you've nailed down your selling process, now you're ready for your small-business web design. Remember to keep it simple. You have fewer than five seconds to grab someone's attention--otherwise they're gone, never to be seen again. Some important tips to keep in mind:

• Choose one or two plain fonts on a white background.
• Make your navigation clear and simple, and the same on every page.
• Only use graphics, audio or video if they enhance your message.
• Include an opt-in offer so you can collect e-mail addresses.
• Make it easy to buy--no more than two clicks between potential customer and checkout.
• Your website is your online storefront, so make it customer-friendly.

Step 4: Use search engines to drive targeted buyers to your site

Pay-per-click advertising is the easiest way to get traffic to a brand-new site. It has two advantages over waiting for the traffic to come to you organically. First, PPC ads show up on the search pages immediately, and second, PPC ads allow you to test different keywords, as well as headlines, prices and selling approaches. Not only do you get immediate traffic, but you can also use PPC ads to discover your best, highest-converting keywords. Then you can distribute the keywords throughout your site in your copy and code, which will help your rankings in the organic search results.

Step 5: Establish an expert reputation for yourself

People use the internet to find information. Provide that information for free to other sites, and you'll see more traffic and better search engine rankings. The secret is to always include a link to your site with each tidbit of information. 

• Give away free, expert content. Create articles, videos or any other content that people will find useful. Distribute that content through online article directories or social media sites.
• Include "send to a friend" links on valuable content on your website.
• Become an active expert in industry forums and social networking sites where your target market hangs out.

You'll reach new readers. But even better, every site that posts your content will link back to yours. Search engines love links from relevant sites and will reward you in the rankings.

Step 6: Use the power of e-mail marketing to turn visitors into buyers.

When you build an opt-in list, you're creating one of the most valuable assets of your online business. Your customers and subscribers have given you permission to send them e-mail. That means:

• You're giving them something they've asked for.
• You're developing lifetime relationships with them.
• The response is 100 percent measurable.
• E-mail marketing is cheaper and more effective than print, TV or radio because it's highly targeted.

Anyone who visits your site and opts in to your list is a very hot lead. And there's no better tool than e-mail for following up with those leads.

Step 7: Increase your income through back-end sales and upselling 

One of the most important internet marketing strategies is to develop every customer's lifetime value. At least 36 percent of people who have purchased from you once will buy from you again if you follow up with them. Closing that first sale is by far the most difficult part--not to mention the most expensive. So use back-end selling and upselling to get them to buy again:

• Offer products that complement their original purchase.
• Send out electronic loyalty coupons they can redeem on their next visit.
• Offer related products on your "Thank You" page after they purchase.

Reward your customers for their loyalty and they'll become even more loyal.

The internet changes so fast that one year online equals about five years in the real world. But the principles of how to start and grow a successful online business haven't changed at all. If you're just starting a small business online, stick to this sequence. If you've been online awhile, do a quick review and see if there's a step you're neglecting, or never got around to doing in the first place. You can't go wrong with the basics.

courtesy by : www.entrepreneur.com

• Smart Traveling

People love to find cheaper ways to travel at good quality. Same goes for Pakistanis. Make a website which identifies all travel options and compares them for areas in Pakistan. Moreover give the user the ability to buy tickets for hotels, airlines, buses and other travel companies. Additionally remember to offer travel deals to catch the attention of users. You can earn through affiliate marketing or by displaying related ads. Have a look at priceline.com, booking.com and hotels.com for more ideas.

• Promote Freelancers of Pakistan

Make a website that connects Pakistani companies looking for specialized labor with workers possessing those skills. There are loads of Pakistani students and company personnel looking for work online or some part time job. Help them make an online profile and market themselves better. Some successful websites in this area are freelancer.com, rentacoder.com, guru.com, odesk.com and elance.com

• Online Stores for Local Businesses

Help businesses in Pakistan promote themselves online by letting them offer their products for sale online. Try and follow Alibaba.com's business model but customize it for Pakistan. Provide businesses an online store with their individual website having a a sub-domain name or their own separate domain name. You can earn by maintaining a portion of the transaction fee. On a similar note you can also make something similar to a customized Ebay or a Craigslist for Pakistan and earn through it. Note however that these two options have been tried by some Pakistanis before and have not been successful. 

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Top 10 Mistakes in Online Business

Every week I talk with entrepreneurs. We talk about what’s working and what isn’t. We talk about successes and failures. I spend time with both complete newbies and seasoned veterans, and everything in between.

I have a pretty fantastic job.

One topic that comes up over and over again with both groups is mistakes made in starting businesses.

Newbies love to know which mistakes are common so they can avoid them. Veterans love to talk about things they wish they had known or had done differently.

This weekend I was at the World Domination Summit in Portland with 3,000 ambitious people, and this topic came up dozens of times. “What do you wish you had done differently?” “What mistakes do people make starting out?” “I wish I hadn’t…”

So I put together a summary of the mistakes people shared with me, combined with the mistakes we see being made every week through our work with new entrepreneurs at Fizzle and elsewhere.

 continue from here : fizzle.co

15 Online Businesses That You Can Run From Home

1. SEO consultant – Do you know the ins and outs of search engines and have skills in platforms like Google Analytics? A lot of smaller companies don't realize how much of an impact search engine optimization (SEO) can have on their business. You can start an online business to help other companies make their websites more SEO friendly by teaching business owners how to read and use their analytics data the right way, and how to properly use keywords and structure content to get more traffic.

2. Business coaching –If you have a lot of business knowledge and experience, why not start a business that helps other aspiring entrepreneurs find success? You can use your skills to help new business owners get off to a good start and help experienced entrepreneurs keep up with demand. You can also write articles about business on platforms like LinkedIn, to show off your knowledge and skills and bring in clients.

3. Specialized retailer – An online store lets you reach customers all over that world and that means you can afford to specialize. Whether it's dollhouse furniture or organic dog food, there's an audience for everything. Using a web hosting service with an integrated shopping cart or e-commerce sofware, your business will be operational in no time. Many vendors will even ship products to customers on your behalf, which means you don't need to own a lot of inventory.

4. Social media consultant – Larger firms can hire an agency or full-time staff member to run their Facebook and Twitter accounts, but small businesses often have to handle their own social media marketing. With so many other responsibilities, business owners are often too busy or overwhelmed to spend time developing and implementing a great social media strategy. As a consultant, you can help them determine the best tactics, posting schedules and content for their target audience. As their follower count grows, so will your business.

5. Web design – Have you ever been turned off by a business’s generic-looking website layout? If you know some HTML and have a good eye for design, you can launch a service to create attractive, easy-to-use websites for small businesses. You can put your skills to good use for business owners who want to take their online presence to the next level. Build up a portfolio of work with smaller freelance jobs, then create your own website to show it off and bring in a steady stream of clients.

[Business Idea Generator]

6. Resume/cover letter writing – It's a tough truth to swallow, but a standout resume and cover letter can make all the difference when applying jobs. While listing career accomplishments might seem like an easy task, the fine art of “humble bragging” eludes some of us. Get hired to help others get hired by writing stellar resumes. Capitalize on the increasingly important social media branding bandwagon and offer to fix LinkedIn profiles as well.

7. Professional freelancer – You might not think of freelancing as a business, but with more and more companies turning to part-time contract workers to fill their skill gaps, it's not hard to imagine making a living providing businesses with a variety of freelance services. Depending on your skill sets, you could work for multiple companies in a variety of fields, offering flexibility and a refreshing change of pace. According to the freelance job listing website Freelancer.com, tech services, content creation and web design are popular fields for contract work.

8. Affiliate marketing – If you're a person that loves leaving customer reviews on sites like Amazon, stop doing it for free. 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. If you have a personal website with a large following, this might be easier to accomplish (PR reps are always seeking out brand advocates they can send free samples to). Smart Passive Income breaks down three types of affiliate marketing and explains which one is most profitable.

9. Health/nutrition coach – When it comes to nutrition, Americans seem to have a mental block. According to the Centers for Disease Control, nearly 70 percent of the adult population is overweight or obese, and many people that want to lose weight and eat better simply don't know where to start. You don't necessarily need to be a registered dietitian (RD) to offer meal plans and diet counseling to your client base, either. With the right combination of personal support and nutrition and exercise knowledge, you could be helping people get healthier through your online service.

10. eBook author – Have a ton of knowledge on a particular subject that you want to share with the public? With e-readers now a staple in most households, self-publication has become a reality for many writers who might never get picked up by publishing companies. With the right marketing tools, you can successfully publish your own books on anything from cooking and weight loss to real estate. Inbound Pro’s advice from successful e-Book authors offers tips for writing content that sells.

11. Remote technical support – Many small businesses don't have room in their budget for a full-time IT employee, so when their systems go on the fritz, they'll usually call a computer whiz friend or family member. If you have experience working on computers and networks, you can eliminate their need to call in a favor and offer immediate remote technical assistance.

12. Virtual consignment store – Bargain hunters and thrift store enthusiasts can turn a nice profit reselling their vintage clothing finds. Brand yourself by setting up an independent website as your virtual storefront, but use a managed service like Google Checkout to handle transactions. High-resolution images and catchy copy for your products will make you stand out in the sea of Internet users trying to sell their used items..

13. Handmade craft seller – Online sites like Etsy and ArtFire are platforms that make it extremely easy for crafters who can produce a steady supply of quality handmade items, like crocheted blankets or unique painted glassware. Startup costs are extremely low if you purchase your materials in bulk from a craft supplier, and if you can turn orders around quickly, you’ll be making a profit in no time at all. It’s even possible to turn your store into a full-time gig.

14. Teaching online courses – You don’t need a degree in education to teach people how to do something you know inside and out. You can help others enrich their lives by offering classes in an area you’re passionate about, like yoga or baking. Create instructional packets and videos for download from a website, or schedule real-time Skype lessons with clients.

15. App development – Mobile applications are more popular than ever, and people are willing to pay good money for ways to manage their lives from their smartphones. If you have a great idea and happen to know coding, you can run with it and create your app yourself. If you just have an idea and don't know the ins and outs of how to turn it into a reality, there are plenty of software developers looking to collaborate with people on app creation.

courtesy by : businessnewsdaily