Business Ideas & Side Hustles

A lot of small business owners feel shame when their company fails because they link who they are so much with their business. This is compounded when they lose money from people they know. What do we do with this shame? On The Small Business Radio show this week, I interviewed Dr. Abbie Maroño who has a new book called “Work in Progress: The Road to Empowerment, The Journey Through Shame” which offers a fresh perspective on the often-overlooked role of shame in personal growth. She explains that shame is a powerful emotion tied to our sense of self. For entrepreneurs, the line between personal identity and business success is often blurred, making failures feel deeply p…

Key Takeaways Growing Market Demand: The pet sitting industry is experiencing increased demand, driven by rising pet ownership and busy lifestyles, presenting a lucrative opportunity for aspiring pet sitters. Diverse Service Offerings: A successful pet sitting business should consider various services, including in-home pet sitting, dog walking, pet boarding, and training, allowing for tailored growth strategies. Thorough Market Research: Conducting extensive market research is essential to understand your competition and target audience, ensuring your services meet local demand effectively. Solid Business Plan: A well-structured business plan outlining services, pr…

Key Takeaways Enhanced Safety: Hiring security guards significantly improves safety by deterring crime, managing emergencies, and maintaining a secure environment for both employees and customers. Types of Guards: Understand the differences between unarmed and armed security guards to choose the right personnel based on your specific security needs. Employee Motivation: A secure workplace fosters higher employee motivation and engagement, leading to improved performance and reduced turnover. Qualifications Matter: Prioritize candidates with appropriate training and certifications, ensuring they are qualified to handle various security scenarios effectively. Thoroug…

When it comes to managing payroll, choosing the right software can greatly influence your business operations. The top 10 payroll solutions offer a variety of features customized to different company sizes, from exhaustive platforms like ADP Workforce Now and Workday, to user-friendly options like Gusto and OnPay. Comprehending the strengths of each can help you make an informed decision. But which solution aligns best with your specific needs? Let’s explore these options further. Key Takeaways ADP Workforce Now: Ideal for medium to large companies, offering seamless payroll integration and advanced reporting for compliance and tax liabilities. Workday: A unified plat…

Sponsored Post Key Takeaways Understanding Team Pipelines: Team pipelines are structured frameworks that manage talent flow, crucial for aligning recruitment, onboarding, and employee development with business goals. Key Components: Effective team pipelines include lead generation, selection processes, onboarding programs, ongoing training, performance tracking, and feedback loops to enhance overall team dynamics. Benefits of Team Pipelines: A robust team pipeline improves collaboration, increases efficiency, and ensures timely recruitment and training, ultimately leading to higher sales performance and business growth. Challenges in Implementation: Common challenge…

HP Inc. has issued its latest HP Threat Insights Report, warning that cybercriminals are increasingly using fake CAPTCHA verification tests to trick users into infecting themselves with malware. The findings, announced during the company’s annual Amplify Conference, highlight how attackers are exploiting users’ growing “click tolerance” resulting from frequent multi-step authentication processes. The report, based on data from millions of endpoints running HP Wolf Security, details real-world cyberattacks observed between October and December 2024. According to HP, the “CAPTCHA Me If You Can” campaigns directed users to attacker-controlled websites, prompting them to com…

Key Takeaways Understanding Etsy’s Unique Marketplace: Etsy is a prominent platform for selling handmade and vintage jewelry, connecting sellers with a global audience specifically seeking unique artisan products. Effective Shop Setup: Creating a visually appealing Etsy shop with high-quality images, a compelling shop announcement, and clear policies enhances your brand presence and customer trust. High-Quality Listings: Utilize sharp photographs and detailed descriptions to showcase the craftsmanship of your jewelry, incorporating relevant keywords to improve search visibility. Competitive Pricing Strategies: Research market prices and calculate total costs to esta…

Key Takeaways Talent Shortage Impact: Small businesses are grappling with a talent shortage that adversely affects growth, operational efficiency, and the ability to attract qualified candidates. Root Causes: Economic factors, a significant skills gap, and a competitive job market are principal contributors to the talent shortage small businesses face. Operational Challenges: Approximately 40% of small business owners report unfilled positions, leading to increased workloads and strain on existing staff, which may affect productivity and team dynamics. Financial Implications: High turnover rates due to recruitment difficulties result in increased labor costs and pot…

Intuit has announced the launch of Tap to Pay on iPhone for QuickBooks Online customers in the U.S., providing small and mid-market businesses with a streamlined way to accept in-person contactless payments using only an iPhone. The new functionality enables QuickBooks users to manage their business finances more efficiently while improving cash flow and payment processing. “With Tap to Pay on iPhone, we’re giving customers a competitive advantage that accelerates cash flow, business growth, and customer loyalty,” David Hahn, SVP, QuickBooks Money Platform says. “What makes Tap to Pay on iPhone unique for QuickBooks customers, is that it allows them to streamline their i…

Retailers are increasingly turning to AI agents to stay competitive in a fast-evolving marketplace, according to Salesforce’s sixth Connected Shoppers Report. The report reveals that 75% of retail decision-makers believe AI agents will be essential to beat the competition within the next year. Salesforce’s findings are based on dual surveys of 8,350 shoppers and 1,700 retail industry leaders. The data points to a shifting landscape marked by rising customer acquisition costs, increasing returns, and changing consumer behaviors that require a new approach to retail operations. AI and Unified Commerce Emerge as Strategic Priorities To manage growing complexities across di…

YouTube has unveiled a series of changes to its mid-roll ad system aimed at optimizing ad delivery, enhancing transparency, and providing creators with more control over ad placements. The updates, which begin rolling out in May, reflect evolving viewer behavior and are intended to balance creator earnings with viewer satisfaction and advertiser expectations. According to YouTube, the platform is adjusting how ads appear in videos to keep up with shifting content trends and viewing habits. “Videos are getting longer, viewing habits are shifting, and we need to adapt to ensure ads are delivered effectively,” the company stated. Hybrid Ad Placement Model Encouraged One of…

Key Takeaways Understanding Copyright: Copyright protects original works, and creators hold exclusive rights over their content. Always ensure proper permissions when using others’ material on social media. Importance of Compliance: Adhering to copyright laws avoids legal complications, protects your intellectual property, and fosters trust with your audience, enhancing your overall online presence. DMCA & Fair Use: Familiarize yourself with the Digital Millennium Copyright Act (DMCA) and the Fair Use Doctrine to navigate potential copyright issues effectively. Avoiding Infringement: Common forms of copyright infringement on social media include unauthorized sha…

Comprehending franchises involves examining how established brands operate and grow in diverse markets. Take 7-Eleven, for example; its ability to adapt to local preferences has fueled its global success. Similarly, Domino’s Pizza demonstrated resilience by implementing contactless delivery during the pandemic. These examples highlight key strategies that franchises use to navigate challenges and seize market opportunities. As we explore these insights, you’ll uncover valuable lessons about the mechanics of franchising and its impact on the economy. Key Takeaways Franchising offers a proven business model, reducing risks through established brands and operational suppor…

The build-to-rent (BTR) housing market continued its upward surge in 2024, reaching a historic milestone with 39,000 new single-family rentals completed across the United States, according to a new report from Point2Homes. Based on Yardi Matrix data as of March 2025, this figure marks a 15.5% increase over 2023 and underscores the sector’s rapid growth since the pandemic era, when completions hovered around 6,000 to 7,000 units annually. Point2Homes’ analysis highlights how the BTR model—which merges the low-maintenance appeal of rentals with the space and privacy of detached homes—has evolved into one of the fastest-growing segments of single-family home construction. T…

Key Takeaways Income Variation: Business owner earnings fluctuate widely, influenced by factors like industry, location, and business size, making it crucial to set realistic financial goals. Average Earnings: Sole proprietorships earn between $20,000 and $100,000, LLCs range from $50,000 to $200,000, while corporations typically exceed $100,000 annually. Key Influencers: Market research, funding options, business models, and location play significant roles in determining income potential for business owners. Profit Margins: Understanding average profit margins across industries—like retail (25%) and consulting (40%)—helps in evaluating potential profitability and f…

Key Takeaways Growing Market: The lash and brow services sector is rapidly expanding, with the eyelash extension market projected to grow from $1.36 billion in 2020 to $2.31 billion by 2028. Low Startup Costs: Lash and brow franchises typically feature lower initial investment requirements, making it easier for entrepreneurs to enter the beauty industry. Established Brand Recognition: Joining a franchise allows you to leverage trusted brands, simplifying marketing efforts and increasing customer attraction. Comprehensive Training and Support: Franchisors provide valuable training programs and operational support, ensuring franchisees are well-equipped to succeed in …

Key Takeaways Importance of Cultural Competency: Cultural competency leadership is essential for fostering an inclusive environment, enhancing team dynamics, and driving innovation within diverse workplaces. Key Characteristics: Effective cultural competency leaders exhibit strong communication skills, empathy, adaptability, and a commitment to continuous learning to effectively manage diverse teams. Benefits of Diversity: Prioritizing cultural competency leads to improved team collaboration, better decision-making, enhanced employee engagement, and superior customer service, ultimately benefiting business growth. Challenges to Address: Leaders must navigate communi…

What are the key issues facing small businesses this year? On The Small Business Radio Show this week, I talked with Chris Shank who is the Vice President of Retail-to-Business (R2B) Sales for Verizon Business, overseeing operations across 28 states with a team of over 450 employees that generates $1,042M in annual revenue. He is responsible for driving sales and financial performance, enhancing the customer experience, fostering a strong organizational culture, and leading strategic planning efforts. These are the major issues facing every small business this year: AI Adoption Trend Analysis: AI usage among small businesses has more than doubled in the past year. Thi…

Key Takeaways Growing Market Potential: The axe throwing industry has seen rapid growth, with a projected $215 million in annual revenue by 2023, indicating strong customer demand. Comprehensive Support for Franchisees: Franchisors offer extensive training, operational guidelines, and marketing strategies, making it easier for new franchisees to achieve success. Unique Entertainment Experience: Axe throwing combines physical activity with social interaction, making it an attractive option for various events ranging from corporate retreats to casual outings. Brand Recognition Advantage: Partnering with an established franchise enhances brand awareness, facilitating c…

Key Takeaways Freelance delivery is a flexible income source, appealing to both individuals and businesses, allowing for autonomy over work schedules and operations.This sector is rapidly expanding due to the growing demand for e-commerce and on-demand services; tapping into this market can lead to significant growth opportunities.Effective management of factors like unpredictable income and operating expenses is crucial for success in freelance delivery; careful budgeting and record-keeping are recommended.Popular platforms like DoorDash and Uber Eats provide essential support and resources to enhance delivery services while ensuring customer satisfaction; choosing the…

Key Takeaways Definition & Importance: Social proof is a psychological phenomenon that influences consumer decisions based on the actions and experiences of others. It’s essential for building trust and credibility, particularly in digital marketing. Types of Social Proof: Include reviews and testimonials, user-generated content, influencer partnerships, social media engagement, and targeted campaigns highlighting customer experiences to enhance brand authenticity. Influence on Consumer Behavior: Positive experiences shared by others, like reviews and social media interactions, validate choices for potential customers, making them more likely to trust and purchas…

Key Takeaways Understanding Hot Shot Business: The hot shot business model involves fast transport of small loads, primarily using a reliable vehicle like a pickup truck or cargo van to serve industries with urgent delivery needs. Low Startup Costs & Flexibility: Starting a hot shot business generally requires a minimal investment and offers scheduling freedom, allowing owners to balance work and personal life effectively. Essential Equipment and Tools: Key to success are dependable vehicles, appropriate trailers, and technology solutions like Transportation Management Software and accounting systems to streamline operations. Legal Requirements: Entrepreneurs mu…

Key Takeaways Effective Budgeting is Essential: Establishing a budget ensures resources are allocated wisely, preventing overspending and maximizing impact for your local event. Leverage Creative Venues: Utilizing public spaces and partnering with local businesses can significantly reduce venue costs while enhancing community engagement. Explore Cost-Effective Catering: Implementing potluck-style events or collaborating with local food trucks provides budget-friendly catering options that still offer quality and variety. Engage Volunteers Strategically: Recruiting community support and utilizing skill-based volunteers can help optimize resources, reduce labor costs,…

Key Takeaways Understanding Zoom Fatigue: It’s a mental and physical exhaustion caused by prolonged video conferencing, affecting productivity and engagement in remote work settings. Identifying Causes: Key contributors include cognitive overload from constant screen interactions, limited social cues in video calls, technical issues, lack of breaks, and blurred boundaries between work and personal life. Recognizing Symptoms: Physical signs include eye strain, musculoskeletal issues, and headaches, while mental symptoms may involve cognitive overload and decreased engagement. Implementing Strategies: Effective approaches to combat Zoom fatigue include setting clear b…

Canva has unveiled a major expansion of its AI capabilities with the launch of Canva AI, a new suite of generative design tools introduced at Canva Create 2025. The company describes the release as its most significant AI rollout to date, bringing together new products, enhanced features, and deeper integrations to help users design, code, and create more efficiently. The new tools are part of Canva’s broader goal to “make powerful, intuitive AI tools available to everyone, so you can design, code, and create at the speed of your imagination.” Canva AI: An All-in-One Creative Partner At the center of the announcement is Canva AI, a conversational interface that combines…