Discover 13 Hassle-Free Business Ventures To Boost Your Income, Despite Your Frenzied Calendar!
SIDE JOBS
13 Easy-Running Businesses for Extra Cash on a Packed Schedule
An extra income stream with minimal efforts? Here’s why it appeals to almost everyone! Still, finding realistic ways of creating passive income can be tricky. Starting or buying an easy-to-handle business is one such option. These are typically side jobs for supplemental income, but they could grow into something bigger.
While they sound like passive income sources, they’re not entirely hands-off. As the boss, you need to oversee the operations and put in some time, but not as much as with other types of businesses. Below, you’ll find some business idea examples.
1. Laundromat
This is often the go-to for easy-to-handle business ideas. Many of them work well with little owner involvement, operating without on-site employees. Running this business requires renting space, commercial washing and drying machines, and a change machine. As the business model is easily duplicated, opening another laundromat nearby can boost your income.
2. Rentals
Renting something, like an RV or storage space in your house, can bring you impressive returns. Most RV owners only use them sparingly, making it a valuable rental object. Peer-to-peer platforms like RVshare make it easy to rent out your RV and get a significant side income. Similarly, renting out your truck can yield handsome monthly returns.
3. Self Storage
Start a self-storage business with monthly rental income. You need some land and storage units to start, both of which can be rented. Your customers will be paying monthly, making it a profitable business. However, the initial costs can be high, but the potential profits are also large.
4. Car Wash
A car wash business can run without significant involvement from the owner. Manual self-service or automated ones, both are low maintenance and just need some initial investment. This model can also be duplicated, meaning, if one car wash works well, you can open another in a different area.
5. Vending Machines
Own a vending machine, stock it, and pick a high-traffic location. Restaurants, retail stores, hotels, or office breakrooms with significant foot traffic can be excellent spots. The revenue comes in around the clock. Startup costs are low. Expanding this business involves having more machines at different locations.
6. Cell Phone Towers
If you own land in the right location, you might be able to generate revenue by leasing it out for a cell phone tower.
7. Trash Pickup
Cleaning up trash for businesses can be another lucrative business. It’s uncomplicated work and can be delegated to others easily, translating into low supervision for you.
8. Print-on-Demand
Selling print-on-demand objects like books, t-shirts, mugs, etc., is a low-risk venture as there’s no upfront investment in inventory. It needs you, or a freelancer, to create the designs, and an advertising strategy to get customers.
9. Digital Products
Sell digital goods like stock photos, design templates, printables, etc., which are easy to create yourself or outsource and get ready for sale. With a steady traffic source, it can be a low-maintenance venture.
10. Billboards
If you own land near a busy road or highway, you might be able to turn it into a profit by building a billboard and renting space to advertisers.
11. ATMs
Just like a vending machine, placing an ATM in a high-traffic location can garner profitable surcharges and fees each time it’s used. Initial setup costs are higher, but it can be scalable.
12. Dropshipping
With dropshipping, you sell items directly from the manufacturer, meaning no upfront inventory costs or logistics stress. Your profits are smaller with dropshipping, but the business is mostly self-sustaining, needing only traffic.
13. Private Label Ecommerce
Here you hire a manufacturer to create a product with your branding. Outsourcing manufacturing, ordering, and customer service shifts most of the work off your shoulders while you make money off each sale.
If starting from scratch seems challenging, consider buying an existing business. You step in, take over, and have immediate returns.
Hopefully, this list helps you find a side job that caters to your schedule and generates that much-coveted extra income stream.