Are you in need of some extra income? Many people are in these trying times. With mounting unemployment, pay cuts, and the basic necessities getting more expensive every day, plenty of people are seeking additional ways to amplify cash flow. Check out these seven hot part time businesses that can be done around your 9-to-5 and with skills you may already have.
1. Babysitter. This job is especially suitable if you have kids. After all, you can make money with them close at hand. Offer to watch your friends' and neighbors' kids so they can take a breather, and they will love you for it. Another option is to help people who work nights. Finding a 24-hour daycare service is difficult, to say the least. Caring for several kids on the same night can compound your earnings and get you extra cash more quickly. Babysitter median salary per hour: $9.00.
2. Handyman. Things still break and must be repaired, no matter where the country’s economic condition stands. When you are good at fixing things, word travels quickly. It's possible to make a small fortune fixing cars, installing water heaters, and doing home electrical and plumbing gigs. Consider how much a full-time car mechanic or a plumber charges. If you reduce your rate from the average, the pay is still excellent, and your patrons will feel like they got a price. From fence-building to hanging doors, there are plenty of domestic jobs people can't or simply don't want to do. Handyman median salary per hour: $17.33.
Even in an economic downturn people don't hold back on on their furry friends. Therefore, being a dog walker can be an easy sell, especially for other people who need to work two jobs to make ends meet. The double bonus here is you can loose some extra pounds while raking in some extra money. You can also walk dogs before or after your regular job. Dog walker median salary per hour: $16.29.
3. Medical Transcription. Do you have excellent grammar coupled with speedy typing skills and a medical background? If that’s the case, medical transcription may be what you’re looking for. There are some limitations to this one.This job often requires at least a year's worth of experience in a hospital or medical setting; some ads call for transcription experience. High-speed Internet and current Microsoft software is a couple of tools you will need for this job. You should also be prepared to take a skills test. Medical transcriptionist median salary per hour: $13.78.
4. Income Tax Preparer. One of the most dreaded have-to among Americans is preparing income taxes. There is plethora of people who would be glad to hand over their tax preparations to someone else if for no other reason than the trepidation of possibly being audited. The owner of DC Tax Group, Donald Cheatham, turned his side job into a small business. He chose this off-hours gig because of the high demand and he enjoys accounting and the extra money. "I work 50 to 60 hours a week on my main job [as an accountant] and another 25 to 35 hours a week for my part-time job during tax season. So it gets a little hard at times and usually sleep is the one thing that I don't get during tax season, but it is well worth it," says Cheatham, who started up in 1995 in Chicago,IL. While it helps your credibility if you are a certified public accountant, this certification is not required. The median salary for an accountant per hour: $18.19; CPA median salary per hour: $26.25.
5. Wills/Medical Power of Attorney. While preparing for the unavoidable can be distressing, it provides a way for attorneys to make extra side income. Lawyers can get on top of things on formulating living trusts and simple wills without much extra effort. Having these documents completed is something most people say is essential but have not checked done yet. Talk to church members, neighbors, and friends, to generate clients. Possible customers likely have other commitments to attend to just like you. As a result, being accessible outside of regular business hours makes servicing them more suitable for everyone involved. Attorney median salary per hour: $55.66.
6. Teach a Hobby. Whether it is computer skills, music, dance, tennis, basket weaving or teaching someone how to do something you are good at and love makes working a second job less like….work. You can find teacher job ads at recreational centers in your neighborhood or advertise your know-how online and in local publications. Dance instructor median salary per hour: $18.58; Music teacher median salary per hour: $21.28.
Source: All salary data are from PayScale.com.
Darien Lewis is a consultant and coach for The Start Up Store, LLC a business and non-profit start-up consultancy in Tulsa, Oklahoma
You contact him by email:thestartupstore@yahoo.com or darien.lewis@ymail.com
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