15 Online Business Ideas You Can Start Tomorrow
When you dream of opening your own business, you might envision four white walls and a mess of boxes to unpack in a commercial space. However, it doesn t have to be this way. With today s technology, you can start and run a business online, often with little to no cost.
By focusing on your strengths, you ll be able to build a client roster and get your online-based business started. Here are 15 great ideas you can run with.
1. SEO consultant
Do you know the ins and outs of search engines and have skills in platforms like Google Analytics? The owners of a lot of smaller companies don t realize how much of an impact search engine optimization (SEO) can have on their business. Educate those business owners on the power of SEO to help transform their websites into a more SEO-friendly property. Use your skills to show 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 possess a great deal of business experience and knowledge, why not create a business that helps 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. To show off your knowledge and skills and bring in clients, you can also write articles about business on platforms like LinkedIn.
3. Specialized retailer
There s an audience for everything, whether it s making dollhouse furniture or creating organic dog food. With a specialty e-commerce store, you can reach those customers who are seeking your specific products. All you need is a web-hosting service with an integrated shopping cart feature or with e-commerce software, and your business will be operational in no time. You can even work with vendors to ship products to customers on your behalf, which means you don t need to own a lot of inventory. [See Related Story: A Small Business Guide to E-Commerce Shipping]
4. Social media consultant
Larger companies 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 responsibilities, business owners are often too busy, overwhelmed or undereducated about the importance of social media 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
There s nothing more off-putting than a poorly designed website, and often, it kills credibility. If you know HTML and have a good eye for design, you can launch a service to create attractive, easy-to-use websites for small businesses. Put your skills to good use for business owners who want to take their online presence to the next level. Build a comprehensive portfolio, and then create your own website to show it off and attract a steady stream of clients.
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 you re applying for a job. While listing career accomplishments might seem like an easy task, the fine art of humble bragging eludes some of us. Find work by helping others to get hired with the aid of stellar resumes. Capitalize on the increasingly important social media branding bandwagon and offer to fix LinkedIn profiles as well.
7. Assistant/task manager
Do you have impeccable organizational skills? What about cleaning skills? Can you quickly and efficiently carry out these tasks? Maybe it s time to put those skills to good use by becoming an online personal assistant or task manager. Companies like TaskRabbit or Zirtual allow you to sign up for tasks you want to complete including data research, virtual assistant or running errands and begin building clientele.
8. 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 that offer you 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.
9. Affiliate marketing
If you re a person who 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.
10. 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-savvy 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.
Real-Life Success Story: Jamie Minter
11. 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.
12. 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 around orders 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.
13. 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.
If you have ideas and words bursting within you, you ve most likely thought about starting a blog, at the very least. With the freedom to create your own beat and style your platform the way you desire, you can completely personalize your blogging experience and reach millions of people across the world. The larger the audience, the higher the chance you have at creating a successful business out of it. [See Related Story: How to Turn Your Blog into a Business]
The wedding industry is booming, and with all of the stress and pressure that piles on every couple during their engagement, it s nearly impossible for brides-to-be to enjoy their wedding planning. However, if you have a knack for organization and a passion for weddings, you can start your own career as a bridal concierge, dealing with the nitty gritty wedding details so the bride doesn t have to.
Additional reporting by Shannon Gausepohl and Nicole Taylor.
Penn State Online, Bachelor of Science in Business, online business degree.#Online #business #degree
Bachelor of Science in Business
Penn State | Online
This is my Life
Your Business Degree Online — Built Your Way
Employers are looking for versatile business professionals to evaluate and respond to their organization’s challenges. As a student in the Bachelor of Science in Business program, offered online through Penn State World Campus, you will gain broad exposure to the most important disciplines of business, including accounting, finance, management, and marketing. Then, you will tailor your program by electing an 18-credit specialized option based on your unique career aspirations and areas of strength.
This online business degree, offered in partnership with the business schools from 17 of Penn State’s campuses, integrates a theory-to-practice approach that strengthens your problem-solving skills while delivering an experience that is contemporary and relevant. You can learn to:
- maximize marketing strategies
- think, speak, and write about organizational issues
- analyze business data to make inferences and solve business problems
- understand capital risk and reward metrics
- use finance and accounting measures to drive business decisions
- execute contract agreements
- prepare your business for the cultural implications of a global marketplace
Customize Your Studies with Options
Specialize in a particular business discipline with one of these 18-credit options:
Accounting Option: Gain a deeper understanding of financial and managerial accounting, systems and controls, taxation, and auditing
Entrepreneurship Option: Explore topics like idea generation, opportunity analysis, new product creation, and business plan development
Financial Services Option: Build skills highly valued by employers, in wealth management, risk management, estate planning, portfolio analysis, and personal financial and retirement planning
Health Services Option: Pursue careers in the health services sector with emphasis on the financial and administrative aspects of health care enterprises
Management and Marketing Option: Develop advanced management and marketing techniques related to sales, global marketing, small business marketing, and more
Individualized Option: Create a business-focused plan of study drawing upon course work in different disciplines, and developed in conjunction with your adviser and approved by the program coordinator
Bachelor of Science in Business Video
Learn more about the Bachelor of Science in Business online degree in this video:
Why a Business Degree from Penn State?
By exposing you to core aspects of business, the B.S. in Business program offers a comprehensive overview of the field that can help you develop a multifaceted skillset and operate more effectively within cross-functional teams. This broad understanding of business, combined with an immersion into the specialization of your choice, can enhance your value to employers and expand your career opportunities.
Penn State is consistently ranked as one of the nation’s top providers of online bachelor’s degrees. You can leverage our reputation for excellence and vast alumni network to help open doors for you.
Your Online Business Courses
Our courses are taught by Penn State faculty, trained to provide you with an engaging learning experience. Your diploma will look no different from the one earned by students on our physical campus.
How to Finance a Small Business
How to Finance a Small Business. Many sources of funding exist, but which one you choose will depend on a variety of factors.
Items you will need
- Accounting Services
- Business Loans
- Credit Reports
- Small Business Credit Cards
- Business loans
Decide how much money you need to start or expand your business.
Write a business loan proposal that outlines your company’s financial history and projected profits.
Get a credit report.
Apply for a bank loan if yours is an existing business. Banks typically do not lend to start-ups.
Apply for a Small Business Administration secured loan. Start-ups may need significant assets and capital to qualify for one.
Opt for one of the Small Business Administration’s loan programs designed to provide start-up capital or, if you fall just short of qualifying for a bank loan, to purchase commercial real estate.
Consider a personal loan if you require only a small amount of money or have poor credit.
Apply for a line of credit at your bank if yours is an existing business in need of a flexible source of capital.
Contact the Small Business Association to find out what loan options are open to you. Develop a history with your bank before applying for a loan. Time your loan proposal to coincide with an upturn in the industry. Banks are hesitant to loan money to businesses that are part of an industry in a downturn. Include interest in a personal loan, or the Internal Revenue Service may treat it as a gift.
Pin down banks on exact fees and interest rates. Every request for a loan or line of credit will show up on your credit report, so plan carefully. Avoid personal loans if you are uncertain you will be able to repay them.
Opening a Business Bank Account
Many beginning home business owners use their personal bank account to do business. However, this can cause a variety of problems. The biggest issue has to do with taxes. If you plan to take business tax deductions, the Internal Revenue Service (IRS) requires that you have separate business bank account to avoid co-mingling of funds. However, the IRS isn t the only reason to keep your business finances separate from your personal finances.
It s easier to manage, track and know what s going on in your business if the funds are separate.
Do You Need a Business Bank Account?
We ve already established that your business should have it s own bank account, however, you might not need to go with the hassle and expense of a business bank account. If you run your business as a sole proprietor, you can simply open another basic account from which to run your business.
However, if you have a limited liability company (LLC) or other official business structure, you ll be required to open a business banking account.
Business Banking Options
While a free business checking account isn t as common for business as it is for personal accounts, some banks now offer it. You ll need to shop around for local banks that offer the best fees and terms. Over at NerdWallet, you can find a list of free business banking options by state. Note, that while the account may be free, there maybe other fees such as overdraft charges or limits to the number of transactions you re allowed.
Business Bank Accounts and Credit Unions
Many credit unions also offer business accounts, typically at lower rates than commercial banks. In some states, you don t have to be an employer or a member of an organization to join. Many offer local or state residents membership to the credit union.
Comparing Business Banking Fees
A free account may come with limitations and other charges that you ll want to consider when comparing banking options. For example, there might be a limit on the number of transactions you re allowed for free and then you ll be charged for checks, withdrawals and other transactions over that. Other expenses can include the cost of checks and endorsement stamps.
Other Business Banking Accounts
Many business accounts not only come with checks, but the option to have a debit card that can be used for business purchases. You can also add a savings account, that can help you save for bills or expenses such as your estimated taxes. Sometimes, you can earn interest on your savings account.
Once you ve established a working relationship with your business bank, you may want to apply for a credit card in your business name. A business credit card can help when you re short on funds and suddenly need equipment, software or inventory.
As you extend your relationship with your business banker you ll have a source to contact in the event your need to borrow money to run or grow your business. Business bankers may also offer other valuable services, such as credit card and payment processing for your small business.
How to Open a Business Banking Account
What you ll need to open a business banking account depends much on your business structure and the account you open. As a sole proprietor, usually you ll just need identification (such as a driver s license), social security card (not just the number but the card as well), and forms provided by the bank.
Since an LLC, partnership and other business structures are their own entities, you ll need more paperwork for the bank. In most cases, you ll need your employer identification number (EIN), business structure paperwork (i.e. Articles of Incorporation for LLC), identification and possibly your social security card.
More in the Business Identity Series
Business Credit Card, Cards, Business Banking, Lloyds Bank, business credit card.#Business #credit #card
Business Credit Card
Our Business Credit Card could improve your business s cash flow and provides a useful tool to pay for everyday expenses. You can also issue up to 20 cards to employees (minimum age 18), each with their own spending limit, and will benefit from 45 days interest free credit too.
Features and benefits
- Get up to 45 days’ interest-free credit on sterling purchases if you pay your balances in full and on time on your previous and latest statements.
- Pay an annual fee of just 32 per card.
- Withdraw up to 500 per day within the limit*.
- Benefit from flexible repayment options and detailed monthly statements for each card issued.
- Use the card in millions of outlets worldwide where the Mastercard sign is displayed.
*Cash withdrawals: 2.5% handling fee (min 2.50), Non-Sterling transaction fee: 2.95%.
Is your business eligible?
To apply for a Business Credit Card, you should:
- hold a business current account with Lloyds Bank
- apply for a limit of 10,000 or less
- be a sole trader, partner or director with authority to borrow on behalf of your business
- be aged 18 or over
- be a UK resident.
Rates and charges Expandable section
Terms and conditions Expandable section
More cards Expandable section
View details of our interest-free period as well as monthly and annual rates. Find out more about our Business Credit Card rates.
For more information and to make sure you understand the small print, please view our Business Credit Card terms and conditions.
Business Debit Card
Settle day-to-day expenses quickly and easily with a debit card designed for businesses.
Business Cashpoint Card
Get quick and direct access to your Business Current Account from every Lloyds Bank, Bank of Scotland and Halifax cash machine.
Business Charge Card
Get up to 45 days interest-free credit with a charge card designed to help you manage expenses.
Make payments and manage cashflow conveniently with credit and debit cards designed for small businesses.
Apply for a new Business Credit Card
It’s easy to apply for our Business Credit Card online. Just fill out our online form, which takes only 5-10 minutes to complete and if we require any further details we will contact you.
On the phone
Call us to speak with one of our business management team. We are available Monday to Friday, 7:00am 8:00pm; Saturday, 9.00am 2.00pm.
If you are looking to increase the limit on your existing Business Credit Card, please contact us on 0345 072 5555 Call telephone number 0345 072 5555 from 9am to 5pm Monday to Friday.
Compare all cards
From the flexibility of a Credit Card to the convenience of Charge Cards and Debit Cards, our products provide added visibility and security compared to traditional payment methods.
ClickSafe is a free service that gives you extra protection when you use your Business Credit, Debit and Charge Cards to shop online. It is also known as Verified by Visa and Mastercard SecureCode .
The right type of funding can play a vital role in helping your business reach its potential. If your lending application is declined, we will work with the British Bankers Association to pursue any raised appeals.
Important legal information
Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 020 7626 1500.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
Business Loan: Small business finance, Westpac, apply for a business loan.#Apply #for #a #business
We ll be in touch in 1 working day.
Looking to grow your business? Take the next step in your business plan.
Choose a fixed or variable rate Business Loan.
- Make extra payments, which could reduce interest paid over the life of the loan
- Option to swap between interest only or principal and interest repayments
- Redraw allows you to make extra payments and access these funds later.
- Provides certainty in knowing what you’re up for with each repayment
- Protects you from potential future interest rate movements.
Make tax time less taxing
Keep track of your Business Loan balance and financials online (and at tax time, export details of interest paid to your accounting software).
Terms and loan security
The term of your Business Loan will vary depending on security offered (you may swap if your situation changes):
- Loan term up to 30 years when residential property used as security
- Loan term up to 25 years when commercial or rural property used as security.
- Loan term up to 5 years when unsecured (guarantee may be required)
- Establishment fee
- Monthly loan maintenance fee
- Other fees apply.
Here are some important points to consider before applying for a business loan:
- Security – depending on your circumstances, business loans can be unsecured or require security in the form of residential, commercial or rural property. A guarantee will also be required by company directors for corporate borrowers
- Credit history – all borrowers, owners, directors and guarantors must have clear credit records. All statutory payments and ATO liabilities need to be up to date and not under arrangement
- Banking and borrowing history – existing bank accounts and lending products must be within their approved limits
- Domicile – your business must be registered in Australia
Looking to borrow less than $50,000?
Consider our range of business credit cards. Terms and Conditions apply.
Atlas Small Business Finance – Just another WordPress site, small business finance.#Small #business #finance
small business finance
Atlas Small Business Finance
Atlas Small Business Finance (Atlas SBF) is a specialty finance company serving the growing U.S. Commercial Equipment Leasing market. With over 50 years of combined business practice experience, the management team of Atlas Small Business Finance combines the entrepreneurial spirit & personal service of a small business to deliver our Vendor Clients and Customers the very best Lease Program.
Deliver a High Level of Service & Support to our Vendor Clients and Customers.
- Dedicated Account Executives specialized in niche markets to deliver a high level of Service and Support to specific leasing needs.
- Simple and Quick Credit Processing.
- Valued Leasing Experience for our Vendor Clients and Customers.
We look forward to the opportunity to deliver a high level of service and support in Equipment Leasing.
Industries We Serve
You can lease almost any type of equipment through Atlas Small Business Finance.
If you work in a different Industry, give us a call at 888.594.8553 or email us at: [email protected] We are always looking for opportunities to expand our service reach.
Benefits of Leasing
One page simple application to deliver superior speed and simplicity in credit approval and documentation. That means quick credit decisions, usually, without requiring financial statements. Atlas Small Business Finance innovative application means: One-page credit application, Simple lease agreement, Brief general equipment descriptions, Easy upgrades and add-ons.
Improved Cash Flow Management.
Conserve capital for reinvesting in your business. Improve budgeting accuracy through fixed monthly payments and no floating rates.
Finance 100% of your equipment cost and build in soft-cost items such as Software, installation, training, consulting fees, and freight right into the lease.
Savings on Down Payment.
Avoid large down payment—by leasing we only require the First and Last payment at the start of your lease.
Potential tax benefits.
Some businesses are able to deduct the monthly lease payment as an operating expense, thus reducing the net cost of the lease [consult your tax advisor for details.
Personal sales support.
Atlas Small Business Finance recognizes that each industry has a broad range of sales and service requirements. Whether you operate nationwide or in a local market, Atlas Small Business Finance representatives will give you the personal support you need.
Bank Loan Application
BUSINESS LOAN APPLICATION
Existing Relationship Officer:__________________
- Business Name_______________________________________
- Telephone ( )______________ Tax I.D.____________
- Individual Name(s)__________________________________
Ownership Distribution: (List stockholders, partners, owner names) Note: Attach separate sheet if additional space needed.
- Name__________Title________# of Years______%___ SS#_____
- Name________Title________# of Years_________%___SS#_________
- Name________Title________# of Years_________%___SS#_________
Nature of Business__________________Year Established_______ Number of Employees________
- Years at Present Location_________[ ] Own[ ] Lease
- Accountant__________Telephone ( )
- Insurance Agent____________Telephone ( )
- Attorney_____________Telephone ( )
Bank of Account______________Account Number_____________
Credit Relationships: Please provide details of your business credit relationships below:
Original Loan Amount____________Maturity____________
Name of Creditor_____________Purpose of Loan___________
Amount of Loan Requested______________ Type of loan_________
Requested term of loan:___________________
Specific Loan Purpose (Check all that apply)
- [ ] Working Capital
- [ ] Finance Purchase of Inventory
- [ ] Finance Purchase Equipment
- [ ] Finance Purchase of Real Estate
- [ ] Finance Purchase of Business
- [ ] Refinance Existing Loan or Debts
- [ ] Other
Collateral Available* (Check all that apply)
- [ ] All Assets (accounts receivable, inventory, machinery and equipment)
- [ ] Specific Equipment (Please attach equipment list, including serial numbers or description of equipment, and invoices for new equipment.)
- [ ] Real Estate (Please attach property address, legal description and a copy of most recent tax bill.) Square Feet Acres
- [ ] Cash on Deposit at (name of bank) Branch Account #
- [ ] Personal Assets (As described in Personal Financial Statement.)
*Collateral: Loans are secured by collateral, which is property in which a security interest is granted to secure repayment of the loan. The loan collateral may include business assets, stocks, bonds, certificates of deposits, or personal assets. Consider (1) the value of the loan collateral must be equal to or greater than the amount of the loan, (2) expected economic life of collateral will be considered by the Bank in evaluating the collateral offered for the loan, (3) formal collateral appraisals may be required, and (4) a pledge of personal assets may be required as additional collateral for the business loan requested.
[ ] Guarantors** (Please list)
- Name__________Social Security #_________________
- Address__________________________________ Name___________________Social Security #________________ Address__________________________________ Name___________________Social Security #________________ Address__________________________________
**Guarantors: For incorporated borrowers, guarantees of owner(s) is usually required, unless secured by Bank deposits or marketable collateral. If personal assets are in joint names, a sole proprietorship, and/or partnership, the Bank may require all parties to pledge collateral.
BUSINESS BACKGROUND INFORMATION
Please provide a brief history of your business, future plans and projections, and describe your products and/or services and competition.
PERSONAL BUSINESS EXPERIENCE
If you have been in your present business for under five years, please describe your previous business experience. (Include business background, management experience, and training, or include a resume.)
The undersigned certifies that, to the best of his or her knowledge and belief, all information contained in this loan application and in the accompanying statements and documents is true, complete, and correct. The undersigned agrees to notify the Bank immediately of any material changes in this information. It is further agreed that, whether or not the loan herein applied for is approved, the undersigned will pay or reimburse the bank for the costs, if any, of surveys, title or mortgage examinations, appraisals, etc., performed by non-Bank personnel with the consent of the applicant.
The undersigned authorizes the Bank to contact any bank and trade creditors it deems necessary without further notice, including, but not limited to, Dunn Bradstreet reports or information from TRW Credit Data.
- Business Name (print):
- Applicant Signature: Date:
- Applicant Title:
- Guarantor(s) Signature: Date:
- Guarantor(s) Signature: Date:
BUSINESS LOAN APPLICATION CHECKLIST
Please be sure all of the following documentation has been included in order for your business loan application to be processed.
- [ ] Business Loan Application
- [ ] Accountant-Prepared Business Financial Statements (Profit and Loss, Balance Sheet) for the past three fiscal years
- [ ] Business Federal Tax Returns for past three fiscal years
- [ ] Interim Financial Statements (if available)
- [ ] Most Recent Federal Tax Returns for each principal owner listed in the first section of the Business Loan Application
- [ ] Personal Financial Statement
Small Business Loan App – Payday Loans Online, business loan application.#Business #loan #application
business loan application