Maybe you’re looking to supplement your full-time income with a side business. However, there’s nothing wrong with starting small and focusing most on what you can do to start generating revenue from your business as quickly as possible – then you can start looking for more flexible work arrangements (a part time job perhaps) that may give you more free time to focus on your side business that’s starting to bring in some money.
From there, take a look around online to see if you can get a better price for them by purchasing on or something similar, but understand that there’s definitely risk involved with this type of business (getting scammed from int’l manufacturers, faulty goods, delayed shipments, etc) and your margins will be very small until you reach enough scale to be supplying city-wide or regionally.
You don’t want to borrow money for your business at a 20% interest rate because the balance will grow each month and it can become very difficult to pay off the debt Sometimes it is possible to get a card with an introductory interest rate as low as 0%. If you take advantage of an offer like this, make sure you have a plan for paying off the money you borrow before the card’s interest rate goes up.
And, since brands will always need high quality content to bring in new customers, your skills will always remain an asset to invest in. Start by tapping into your existing network and tracking down local small business owners who could benefit from your marketing tactics , do a bang up job, ask for referrals and grow from there to the point where you’re doing blogger outreach and spreading out to a wider market.
If you have experience with marketing, SEO or a knack for getting people excited about the products and services you use on a regular basis, think about refining your skills and putting them to work as a small business marketing consultant in your region—especially if you can become a local SEO expert and can help local clients rank higher in their search results.