When you have a business plan and startup capital in place, select a winning name for your business and register it with your state. Decide what type of business ownership works best for you. Do you want to be a sole proprietor or start a partnership? Should you incorporate? Get any business licenses or permits that are required, and register for taxes if this is necessary in your state. Look into insurance needs. Then start promoting your business.
If you’ve ever wanted to try real estate investing but don’t want to deal with all the stress of being a landlord, you might want to consider investing with Fundrise. Fundrise is a new platform that allows you to invest directly in a real estate portfolio that a team of professionals identifies, acquires, and manages on your behalf. With a starting investment as small as $500, you get exposure to dozens of solid, value-producing assets.
Complete errands or tasks for the elderly. Older people often need help with buying groceries, cleaning their home, performing home maintenance, and paying bills. To find clients, contact your local community center or church to find out if anyone needs help. Additionally, you might post an ad in your local classifieds or talk to people you know to find out if they know someone who needs help.[5]
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