If you’re starting a business in New Jersey, you’re in the right place. Take Lauren Gheysens’ Airbnb-based side business idea, Royal Day Out in London, England for example—where she gives visiting tourists a local’s only tour of the city, complete with bespoke 18th century costumes. Plan to grow your small business beyond yourself (one person) and then sell it, then a Private Limited Company would likely be the most suitable structure.
Even if a quick web search shows no use, you’ll still need to make sure the name isn’t trademarked The same goes for any products or specialized services you come up with—always check to make sure the names aren’t protected. Even if you plan on running a service-based business, you can use a site like Indiegogo to get the word out and gather support.
Not every company needs $250,000 to get started. It’s not very engaging, or mentally stimulating, but taking online surveys through companies like Survey Junkie do pay out (a little), believe it or not. It can also help if you choose a service-based business, such as a marketing firm or consultancy, rather than one that specializes in products.
As a new business in the midst of new product development it’s important not to a) put all your eggs in one basket and b) spend all of your resource on something without proof of its market potential. Learn more about business taxes , including energy tax incentives that can help you save money.
On Mechanical Turk , you get to do the oddest jobs you can imagine as an online business idea, made possible by a parallel online universe that runs on hits, visits, surveys, reviews, pins, likes, CPCs, reads, and other metrics. For over a decade we have been helping entrepreneurs based in and around London start, run and grow their businesses.