The Seven Most Popular Types Of Businesses

Much higher administrative costs than any other business entity. Income paid in dividends is taxed twice, once by the corporation and again by the shareholder.

During my high school days, I was a pretty decent golfer (about a 2-3 handicap, for you other golfers out there). I was asked by my local club professional if I would help him teach his junior golf clinics that summer. If you have specialized skills in any sport, there are definitely opportunities out there for teaching others the fundamentals . It’s usually less than a hundred dollars to get registered in most states, but once you’re registered, you can charge whatever fees you want for your services. If you have a passion for fitness and love helping others improve their health, consider becoming a personal trainer.

You’ll earn points just by walking into a store, and even more points for scanning items or making a purchase. Payout comes in the form of gift cards to your favorite stores, including Walmart, Target, Sephora, and Starbucks, to name a few. Let BookScoutercompare book prices across 44 vendors, and then choose the one that offers you the best price. With no listing fees, free shipping, and the best price for your book, there is no reason to sell anywhere else. Check outHow to Start Investing for Beginners, courtesy of DollarSprout.

In my experience, college bookstores don’t sell your books as quickly. They may also donate your items if they’re not sold within a certain period of time. If you are smart about your marketing and focus on targeting parents, you can make a lot of money in this niche. Most parents are more than happy to pay for an extra set of eyes on their kids’ writing.

If client work isn’t your speed, you cansell your images online for passive income. Landscapes and beautiful scenery are always popular among stock photography websites. If you have a passion for capturing moments and relationships on camera, becoming a photographer can be a great way to make extra money. All you need is a decent camera and perhaps some photo editing software, which you can get for about $10/month.

Between Fiverr and Upwork, there is never a shortage of demand for logo design work. Start building your portfolio, charge competitive rates, and make extra money designing logos. If worse comes to worst, you can always just small business ask for money. Like the kid who held up a sign during College GameDay asking his mom for beer money.