Cash Creating Small Business Ideas

Beat the credit crunch by setting up a part time business and watch those bills disappear. Always seek legal advice before setting up a business so you don’t contravene licensing requirements.

If you cook, why not sell your lovely cakes, biscuits, pies and so on to friends and family, and on stalls at fairs. Taking a risk with a new venture is always a big step, but the rewards of setting up a small business can change your life forever.

Set yourself up as a party organizer. Local pubs and bars might let you arrange barbeque parties, for example, on their premises for a commission. Imagine working hours to suit and the opportunity to organize your own timetable.

Offer your services as a babysitter, childminder, or set up an agency. Success however needs a firm foundation, so before you work with children, make sure you’ve obtained a criminal records certificate. Some kinds of business, such as child minders, require that you hold a local authority license.

If you know the music scene, promote or manage local bands, organizing gigs at local bars and clubs. Set out exactly what you want to do, who your target customers and competitors are, how you’ll promote your clients.

If you’re creative, make money designing your own beads and jewellery – sell on stalls, and the net. Research what your competitors call themselves and think up something better. Design your own belts, bags and accessories or import, and sell at fairs, and through your website. Consider renting your own premises. Escaping your tired old day job and finding your own perfect premises is half the fun of setting up a new business on your own.

Use your beauty skills top set up a training school, with courses for both professionals and amateurs. Check if you need certain qualifications to trade. Also design and market your own beauty products and offer services through a variety of outlets. Be aware many businesses and self-employed professionals these days need to be able to show that they have insurance, so check your options.

Pay those mounting bills by offering accommodation in your home, either by letting a room or attract tourists with bed and breakfast. Depending on the range of services you offer, you should consider taking out public liability insurance and professional indemnity insurance.

Sell the produce you make from soft fruits collected wild and fresh fruit and vegetables off your allotment. If you’re working from home, such as cooking for profit, you may need to pay business rates and to obtain planning permission from your local authority, especially if clients or employees will be visiting the property.

Look for premises somewhere that you can afford for a bicycle repair/dealership and turn your hobby into an income. Stay close to your customer base and make sure you comply with all the relevant health and safety regulations.