Home Money Personal Finance Part time business ideas to undertake in your free time

Part time business ideas to undertake in your free time

If you have free time, you have saved capital and want to improve your income; this model may be the option you are looking for.

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Technological advances, globalization, digital scenarios, and emerging economies have changed the way people relate to work.

“Ten years ago it was more complicated to maintain a part-time business. You ran the risk of neglecting your job or your company. But now everything is simpler, since from your tablet or Smartphone you can manage the operation,” explains Luis González Aspuru, director of Asgar – Mexican organization specializing in Human Capital.

The best thing is that, regardless of your age, resources or hours available, there are different types of business of this type, ranging from franchises that open 365 days a year to those that only operate on weekends. The important thing is that you make the decision and have the character to face the challenge.

Then, we give you 10 models with which you can start, as well as the contact of companies that offer an opportunity for you to undertake the hand of your brand. Take notes and investigate more in depth those that fit your profile, tastes and budget.

1. Marketing of jewelry

If you like to decorate your look with accessories, this business is ideal for you. Distributes friends, relatives and acquaintances of quality in varieties of gold, silver, steel and costume jewelry. The initial investment is between $ 5,000 and $ 15,000, with a profit margin during the first year that could reach up to 20%. According to the National Chamber of Silverware and Jewelry, the consumption of fine jewelry in Mexico exceeds 700 tons per year, with 90% of what are sold, silver accessories. While it is an activity in which women will be a large percentage of your clientele, consider that every day men use more accessories, especially young people between 17 and 30 years.

Expand your offer and market with rings, earrings, necklaces, necklaces, earrings, watches or complete sets to meet the needs of your buyers. Dedicate the evenings or the mornings or even, sells on order through Pinterest or Facebook.

2. Residential Maintenance

Unlike the businesses that offer residential maintenance services on a unitary basis, the idea is that you provide plumbing, masonry, carpentry, electricity, waterproofing, aluminum and paint canning, all in one place. Your target audience are households with A / B, C + and C socioeconomic level that require corrective or preventive maintenance services of residential type for own or rented real estate. If you do not have knowledge or experience in the field or decide not to get involved in maintenance, hire two assistants and focus solely on the management of the company. Operates on weekdays or on weekends with eight-hour days. Your initial investment will be around $ 400,000, with a profit margin that can go from 13 to 30 percent.

3. Healthy Cooking

Did you know that Mexicans spend up to 30% of their income on junk food? If you are worried about people’s bad eating habits and want to do your bit to change this situation, start a business of preparing and selling organic food, setting up creative menus and balanced diets for A + B, C + C. Besides salads, it offers pizzas, pasta, sushi, tacos, etc. as well? Like desserts (cakes, cookies or cupcakes) based on organic and healthy products. Try to constantly supply your inputs while researching the latest gastronomic tendencies. The limit is your imagination. And since Mexico is the first place in childhood obesity, do not forget to include options for the children’s pubic, who represent a good niche market. Develops a Web page and only attends home orders.

4. Beauty and hair removal clinic

According to a study by Kantar WorldPanel in 2014, Mexicans spend an average of $ 2,800 a month on personal care products and treatments. It offers services of laser hair removal, photo rejuvenation, teeth whitening, facial massage, reductive and spa services, ensuring that the techniques and technology are safe for your clients. If you dedicate yourself to business management, you will need to hire at least three people trained in beauty treatments; if you know the techniques and you are ready to operate it yourself, schedule appointments at home on weekdays or Saturday and Sunday. It generates additional income through the marketing of beauty products, provided by strategic partners. One more thing: your target will not only be women,

5. Ecological advertising

Are you worried about global warming, the use of non-renewable resources, and are you in favor of recycling? Then a green advertising business can be for you. Using a bicycle, it provides steering services, banners and advertising screens for brands. Additionally, it generates BTL campaigns, branding, outdoor advertising and POP material with recyclable materials. Consider that you will need to adapt the vehicles for their use, as well as a space to store them (can be the garage of your house). If you reside in the Federal District, do not forget to attend the Ministry of the Environment and process the Unique Environmental License for the Federal District (LAUDF). Thus, you will guarantee the fulfillment of the minimum ecological obligations, which will accredit you as a responsible company. Starts operations with three adapted bicycles or tricycles and two drivers; you take care of the company’s numbers and attract customers.

6. Photo booth for events

There is no doubt: Mexican people love parties, and any pretext is good to celebrate. Take advantage of this festive soul and rent portable booths of instant photos in XV years, weddings, children’s parties, corporate events, birthdays, school events, etc. Featuring hats, eyeglasses, necklaces, feather boas and hundreds of props to bring more originality and fun to your clients’ photos. It complements the offer by giving the organizer a CD or USB with the photographs of the guests. You can even upload the images of each event to the social networks so that the attendees can interact with them. Offers promotions and packages that fit the pocket of your customers, whether families, institutions or companies. A fact that will invite you to get accounts:

7. Private tutoring at home

It is no secret that Mexico is one of the countries lagging behind in education. Combat this reality by teaching children, youth and adults in subjects such as Spanish, mathematics, science and languages. Do not just teach your own classes after school hire your own team of teachers and take care of the management of the business. This will allow you to expand your offer so that, in addition to regularization classes, you can offer exams for admission or language accreditation, extracurricular courses in literary creation, music, painting, sculpture, robotics or photography. Do not forget to test your candidates for teachers so that your teacher plant complies with the best teaching methods. It operates during the afternoons or the weekends, as well as with intensive and summer modalities.

8. Online Pet Store

Ecommerce is one of the most important trends both in the world and in the country. According to the Mexican Internet Association (AMIPCI), electronic commerce registered a growth of 34% in 2014 and it is estimated that 75% of Mexican Internet users bought online at least once in the first quarter of 2015. Take advantage of this boom and sells premium and super premium food for dogs and cats, in categories for puppies, adults and geriatricians. Increase your offer with toys, belts, sandboxes, clothes, hair care items, dishes, drinking fountains, rakes, beds and conveyors, as well as pet health items. Offer gift vouchers, promotions and discounts, and decorate your website with a blog that contains animal care tips, adoption programs and trends in the latest canine and cat fashion.

9. Online housing reservation

Do you have extra rooms in your house or apartment? Do you travel continuously? Do you have a rest house outside the city? Then this business is for you. Temporarily rent rooms or entire homes by advertising on a web page or through social networks. You will need to master a language other than Spanish, preferably English, as well as to keep the facilities, the furniture, and guarantee basic services such as electricity, gas, water and Internet. Give a bonus to your offer including breakfast or three meals (with extra cost). You can rent for days, weeks or months, charging through PayPal, bank deposit or card charge (amounts from $ 1,000 to $ 3,000), depending on the advantages and characteristics of the place that you are renting. Best of all, you will have the ability to choose your tenants. One fact: an estimated 23.7 million international tourists visit the country each year.

10. Tax Consulting

It provides accounting, tax and administrative services to companies and individuals. If you do not have the necessary experience, hire a team of accountants who are responsible for calculating and paying taxes, advice, procedures to be performed before the government and even ordering the patrimony of your customers. It is important that you have a web page that includes a free service (for example, a tax calculator), as well as promote you through social networks. Generates digital content periodically on issues of relevance to your customers, such as tax reforms, changes in legislation, and requirements for paperwork and articles of general interest.

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