Small business ideas are a necessity for people who want to supplement their regular incomes with some extra cash to ascertain financial freedom in the future. Why it’s a profitable business: Providing financial planning services as a licensed professional can earn you more than Php 100,000 to Php 1 million per year, according to PayScale Because it allows flexibility in schedule, even full-time working professionals can practice financial planning as a side business.
Take my friend, Mark Jackson’s lead with what he’s doing to build a travel consulting business Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and don’t forget to set up an account with Plansify to start getting paid for your travel expertise in your free time.
However, once you’re reaping the lifestyle benefits of being your own boss and hustling your way into making significantly more money with your business idea than you ever could at your day job, the hard work will have all been worth it. So, let’s talk business ideas.
Opening up a taco or food truck might not have been first on your list of ideas for a successful small town business, but depending on the location of your town, the seasonality of its residents, and the weather, starting a food truck business can be a great investment.
Social media and the 24-hour news cycle have created the perfect storm of opportunity for creative professionals like writers and graphic designers, who can use their talents to create high-quality, shareable content for businesses and media outlets.