Errand Services; a Micro Business Idea for Enthusiasts in Chicago

While living in Chicago, it’s a must that you consider starting your own business. Whether you are a fresh grad looking for an opportunity or you have just retired from those long office hours job, own business will not just keep you busy in constructive way, but will also let you have financial freedom in a better way!

If you’re actually interested in such a venture, you must already have explored tons of small business ideas for Chicago.

In a situation when abundance of ideas create confusions, choose one that delivers better value to the target market, i.e. errand services business.

The growing population, emergence of new businesses, higher tourists and business travelers in the city and ever increasing traffic is making life of many people tougher than before and they need someone to help them with these nonproductive tasks.

You don’t need to invest a penny on setup, except marketing your service which you can also do on budget with some strategic moved. So, step in, and ease the pain of all those who need help and make your profits!

Do check this resource before you actually start setting up your errand services business.

And yes, here I wrote about translation services business in Chicago, which is also a lucrative option.

Asset Renting As a Part Time Business in New York

Well, living in a big city like New York, where it is quite challenging to manage, is also full of opportunities. So, even if you're on your dream job, you would not mind earning some extra $$ for doing nothing!

So in that case, you must look for some smart business ideas. Check this list of small business ideas for New York and you may find some hints.

Well, if you've not found a hint from the above list, let me tell you about renting your parking space! Certainly, you can make some extra money for doing nothing!

So, if you have extra parking space at your home then why not rent it out for getting some additional income and if you have a big space, why not to turn it into rental parking!

Check out these links for having an idea of what should you charge:

https://www.justpark.com/us/parking/new-york/
www.parkwhiz.com/p/new-york-monthly-parking/

And yes, if this is not something for you, do check my other post about doing translation services business in New York.

Startups That Made A Recent Buzz

With new businesses appearing consistently almost on daily basis, it can be barely noticeable the ones that are worth observing or trying.

Some startup discussion boards, however, happen to filter some of the best startups on weekly or monthly basis.

These buzzing startups are going past the fundamentals of offering an item and affecting genuine change in an assortment of commercial ventures. The value that they bring in is the reason they are more talked about.

Do check out the list of top 15 startups of October 2015, listed at Startups BUZZ.

To Sell in South Africa You Must Develop a Brand

There’s no question on South Africa’s being the best place in Africa to do business, however, it’s not easy too!

Well, it’s very easy to set up your small business in South Africa, if your business idea is something that is delivering some value to the population. Do check if your idea matches something in this list of best small business ideas for South Africa.

So, you have a great business idea and a super product or service for the South African market, but if you cannot develop a brand and do not have brand loyal customers, you will ultimately fail!

Brand loyalty is high; very high in South Africa, Just have a look at the food and beverage and banking sectors in South Africa and you will find how things go there. 

Also read: South Africa is the Gateway to Africa for Your Business

Setting up Public and Private Shareholding Companies in the UAE

I have received a lot of queries on my Linkedin regarding a quick guide on setting up business in the UAE. Well, I will always recommend getting in touch with a business setup agent as they are the experts and can guide you in the right way, but a little do I know must also be shared publicly.

So, if you have a kick ass business idea that you want to launch in the UAE, do check this list of most popular small business ideas for UAE and make sure you have something that is in demand here.

Now coming to the setup, I discussed details about general partnerships vs joint venture companies in the UAE here. and now I will share some points on Public and Private shareholding companies.

The law makes it a must for companies engaging in banking, insurance, or financial activities should be run as public shareholding companies. Foreign banks, insurance and financial companies, however, can establish a presence in the country by opening a branch or representative office.

UAE is a big money market and so a there's a big clientele. So, Shareholding companies are suitable primarily for large projects or operations, since the minimum capital required is Dh. 10 million (US$ 2.725 million) for a public company, and Dh. 2 million (US$ 0.545 million) for a private shareholding company.

For the shareholding companies, it's a must that the chairman and majority of directors must be UAE nationals and there is less flexibility of profit distribution than is permissible in the case of limited liability companies which I will discuss later.

Writing a Business Plan: When & Where to Start

Business plan is not just a simple document that you may need to attract investors, but a clear roadmap to start and run your business in the right direction.

Being a roadmap to success, business plan is considered to be an essential development before starting s of time, when you have a business idea and plans ready in the minds.

Well, business plan is never a waste of time, but yes at times your idea is so much vulnerable to theft and is time sensitive that getting yourself into writing a business plan may not be the right idea.

In that case, you can start with business plan outline and let the expert business plan writer expand the document as needed. Since, a thorough research  is needed to identify the potential weaknesses, opportunities, and threats your business is likely to have, make sure your writer follows a careful policy in this regard.

Here are some useful links for developing a good business plan. Check if you need to follow any of these:

Writing business plan for non profits.

Top resources for business plan writing.

Guide on writing business plan.

Transforming Your SEO Expertise into a Successful Online Marketing Business

There are tons of SEO experts who claim to bring any business on first page in Google, but the bitter truth about online marketing is that, it's not just about pleasing Google.

There is more to it than just knowing how to please Google and so, whether or not your job is just about SEO, you should explore other arenas of online marketing too.

Once, you have hands on experience of multiple dimensions of online marketing, you can start your own online marketing company by offering a full range of value-added service to your clients. To get a detailed insight on how to start online marketing business, you will, however, need to do lot of research.

Most of the online marketing business owners have started with very low budget, so think of ideas and actions that do not require major investment but can generate good profits.
Some ideas can be:

• Start a home based business.
• If you have a circle of friends who can offer web design, hosting, copywriting etc, do take them onboard as strategic partners. 
• Offer referral discount to get more clients.

To read more about starting online marketing business on budget, check out this guide on How to Start an Internet Marketing Business on a Budget.