BBB: Start with Trust® Better Business Bureau®

The top growing industries are healthcare support, technology, personal care, food preparation, and community and social service. As such, launching a small business in any of these fields is bound to yield a high return on investment, but remember to take your target market into account. Every small business has the potential to be successful and profitable, provided it’s backed by a strong product-market fit and a robust business plan. An LLC is a more complex business structure than a sole proprietorship and can include individuals, corporations, and other LLCs as members. Additionally, LLCs are not subject to a separate level of tax and offer the business owner liability protection and tax advantages.

  • The McCombs School of Business is a top-ranked business school welcoming the enterprising spirit of students everywhere.
  • You also need to be a good teacher, know how to be motivational and be willing to work with many different types of people.
  • Franchising in the United States is widespread and is a major economic powerhouse.
  • He also serves on 16 boards and commissions, on two of which he is the presiding member.

All McCombs alumni, students, faculty, and staff and encouraged to join the McCombs Connect virtual community. Reconnect or create new connections, sign up to mentor students, or meet other McCombs community members with mutual interests. McCombs alumni can also access career coaching, workshops, events, and resources that will provide you with career support and connections for life. The McCombs School of Business is a top-ranked business school welcoming the enterprising spirit of students everywhere.

Consider advertising to homes in your neighborhood and get more bang for your buck by earning a few small Businesses as clients as well. They’ll usually bring in a higher paycheck for a similar amount of work. Always dreamt of owning a restaurant but not quite ready to take the plunge? To start your life/career coaching business with confidence, you can look for a certification program (like the Life Coach School’s or Diane Hudson’s), then apply your skills as you acquire new clients.

Using Your American Express Small Business Card

Alter the experience of business, social, and even physical interactions worldwide. For 100 years, McCombs School of Business has been home to a diverse community of learners, scholars, and trailblazers at the forefront of transformation in business. As we step into the next century of connection, innovation, and impact, take part in McCombs’ year-long celebration by joining an event, sharing your story, making a gift, and more. High-performance organizations depend upon actionable insights from data to drive business forward. As the collection and use of “big data” becomes more prevalent, data privacy becomes a central concern to a variety of internal and external stakeholders.

If you have a flair for interior design, a staging service might serve as your creative outlet and professional calling. You can build a portfolio with little initial investment by staging homes using the owner’s existing furnishings and decor. Most stagers eventually build up an inventory of furniture as they become more established and network with area realtors. Consider offering packing services only, which have a much lower financial barrier to entry. Consider building a small team and learn from other entrepreneurs who’ve successfully started their own agencies, like Duane Brown of Take Some Risk. Again, if you’re an organized, highly-detailed person, the life of a personal assistant might be for you.

By Check