To earn more money, consider starting a tour guide business.
If you’ve been waiting for the right time to launch your new business, summer is the ideal time. There are many reasons to start a business during the hottest months of the year, but there are also many factors to consider, depending on the type of enterprise you have in mind.
“Summer is a good time for businesses that rely on foot traffic because people are more likely to be out and about in the warmer weather,” said Oscar Rodriguez, founder of OssieRodriguez.com. “However, it’s worth noting that competition is usually higher during the summer months, as there are more businesses operating during this time.”
There are more businesses open for a reason: summer is a great time to make money. The kids are out of school, families are on vacation, and the sun makes people perk up, head out, and reach for their wallets.
5 Business Ideas to Make Extra Money
Begin a Scooter Rental Business
According to Bloomberg, the electric scooter craze began in 2017 when Lime and Bird entered the scooter-sharing market. That market is now massive, and summer is peak season for renting wheels.
“Starting a scooter rental business is ideal,” said Aviad Faruz, the founder of the jewellery marketplace Faruzo New York. “This is especially true if your area is a tourist hotspot because tourists are always looking for fun ways to explore a city.”
Rideshare Guy created a tutorial on how to start a scooter rental business. It does require some upfront investment and overhead, but with some creative strategizing, even sole proprietors can get started and compete with the big dogs, which now include Uber and Lyft.
Make Your Green Thumb Pay at a Farmers Market
If you’re ready to take your gardening hobby to the next level — one that involves you getting paid — summer is the time to start selling what you grow.
“Operating at a farmers market is a functional seasonal business idea,” said Dan Shepherd, CEO and owner of the technology and construction firm VEI Communications. “The costs of establishing a farmers market include rent and liability insurance, marketing expenses, dealing with local government, and obtaining necessary licences and permits.”
Nationwide created a guide to getting started as a farmers market vendor. Before you dive in, read it or a similar tutorial to ensure you’re prepared for the super-early hours, potential months of commitment, transportation requirements, and miscellaneous costs.
Start a Mobile Auto Detailing Business
Some people enjoy washing their cars in the summer, but many others simply want their vehicles to be clean. That’s where you come in.
“When it comes to the summer season, mobile car detailing is the perfect business to pursue,” said Patrick Wilson, SkillCourses‘ hiring director. “Because most families don’t have time to clean their cars on weekends, such a venture is a viable option.” You can make a decent living.”
According to DontWorkAnotherDay.com, you can get up and running for less than $2,000. According to the UpFlip YouTube channel, good mobile detailers can earn $500-$30,000 per month.
Do you enjoy children? Get Paid to Give Parents a Break
Summer is the season of children who have nowhere to go all day, and many parents have no choice but to pay someone to keep them safe and accounted for.
“Start a childcare business in the summer to help busy, full-time-working parents manage their families during the school off-season,” said Stephan Baldwin, founder of senior healthcare agency Assisted Living. “Childcare is a highly profitable small business, especially if you have prior experience.”
It takes a lot of planning, legitimate experience, and some upfront investment, but it’s an attainable goal.
“It’s one of the few health care sub-niches that doesn’t necessarily require a higher-education degree or certification,” Baldwin said. “Hands-on experience and word-of-mouth referrals are sufficient to begin booking time slots and seeing returns.”
You already have the majority of what you need to become an independent tour guide if you live in a tourist-friendly area, enjoy history, and are an outgoing person who doesn’t mind talking to groups.
“It’s a great time to start a walking tour business if you live near historical and cultural sites or other interesting places,” said Kevin Huang, the founder of Ambient Home. “You can do the tours yourself at first and then hire additional tour guides as the business grows.” It requires little capital to start and operate, the majority of which will be spent on marketing, so profit margins are attractive.”