Top 10 Online Businesses You Should Start if Your Rent Increased This Year

So, your rent has increased, now what can you do?

Many people find themselves looking into getting a second job, starting a business or a side hustle. Starting an online business or working a side hustle can bring in extra income to cover the rent and help you towards your goals.

Top 10 Business Ideas You Can Start to Help Cover the Rent

1. Start a blog.

A blog is a great way to share your experiences or expertise with a certain community and make money doing it. This can be done on a full-time or part-time basis and done from home. Most bloggers make up to $75,000 annually, according to PayScale. However, bloggers who do make money tend to earn a lot less than bloggers who write on subjects that don’t make money. Bloggers who make money do so by selecting a specific niche, writing reviews or how to blog posts on a topic and then they make money through advertising and affiliate marketing. Some bloggers even sell their own products directly to readers like items they sell on Amazon, Etsy or eBay.

2. Start an e-commerce store.

E-commerce stores are businesses that make and sell products or services via the internet to consumers. E-commerce stores are successful because they reach consumers all around the world. Although many consumers buy goods and services from businesses in their local area, many buyers purchase from businesses in another country. E-commerce stores sell goods to consumers all over the world and shops are essentially open 24/7. You can quickly start an online store with Shopify, Etsy or Amazon.

3. Start an online consulting business.

Consulting is a lucrative business. Consulting involves helping people make decisions about their business or life. Consulting professionals are often hired to solve problems. Their advice is sought by companies, organizations, and individuals. As a consultant, you may offer suggestions about a company’s products or services, or offer advice on how to handle certain situations.

4. Create online courses.

When creating a course, you need to consider how much your time is worth. You also have to consider how much money you can make by selling your course. A course can be anything, you can teach people how to cook, how to speak, how to travel for less or even something technical like web development. Creating a course can be done in your spare time and digitally delivered.

5. Start an online subscription service.

Selling a monthly subscription to recurring revenue services can be a good source of income. Some companies offer auto-renewing subscriptions, while others allow customers to unsubscribe from their service at any time.

6. Start an online social media agency.

The average income for a social media management company it’s first year is $45,000 to $75,000 a year. This number will vary largely based upon how many clients you are able to obtain and the price of your services. Starting your own social media agency is a great way to make money and it can be done from home and in your spare time.

7. Start an online training business.

Online training businesses are on the rise, and for many reasons. With many companies cutting back on employee training due to tight budgets, more and more are looking for training online. Online training gives companies the ability to train employees without having to allocate large amounts of time and money to employee training. In addition, courses can be taken from the comfort of people’s homes.

8. Start a Youtube channel.

Starting a YouTube channel requires time and money, but if you choose a good niche, the payoff in huge. YouTube is the second largest search engine on the internet. It also offers opportunities for monetization, with advertisements being one of the more popular ways that YouTube channels make an income. It’s free to sign up for a YouTube account, but you’ll need to have a Google account.

9. Start a part-time photography business.

Starting a photography business provides many benefits. And unlike starting a photography business, it can be started online. Starting a photography business online is less expensive. You don’t have to have thousands of dollars to get started.

10. Start a mobile beauty business.

Starting a mobile beauty business is a very exciting journey. It involves a lot of planning, preparation, and information gathering. If you are good at doing hair, waxing, eyebrows and eyelash extensions, or makeup you can start a mobile beauty business in your spare time. The demand for beauty services has increased in recent years.

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Adella Pasos

Adella Pasos

Hi! My name is Adella. I’m a business coach and consultant who helps companies grow. Subscribe to my blog for topics on business, strategy, marketing & sales.