side job

Transform Your Side Job into a Lucrative Business

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Side hustle, side gig, side job…whatever you call it, just about everybody has one these days. It’s a great way to make extra money and for many people, represents what they really want to do. Sadly, most people don’t know how to gain the traction and revenue needed to turn their side hustle into their main hustle. Maybe that’s you.

Well, in this blog you’ll learn how to turn your side job into a viable, lucrative career, so you can quit your 9-5 and live your dream.

Enjoy!

Get an LLC

This often-neglected step is not only the first you need to take, it’s the most important in the process. Why? Because in today’s ‘lawsuit-happy’ environment, you need a legal shield between you and your business.

LLCs do just that by separating you from your business, so your personal possessions are protected, and you’re not held liable for debts incurred.

As if that’s not enough, having an LLC also comes with a ton of perks including tax savings, privacy, brand protection and access to business funding.

So, if you’re serious about turning your side job into big business, form an LLC!

Create an e-commerce website

It goes without saying that not having a website for your business is not an option these days. Especially with so many people forced to shop online due to COVID-19. It’s growing so rapidly, it’s expected to reach around $5 trillion in the coming four years.

Luckily, you don’t have to put out big bucks by hiring a professional web designer. Website builders like Wix, Weebly, Shopify, Squarespace (and others), provide you with pre-set templates to help make building your own website a breeze!

Building a solid web presence goes a long way in helping you grow your side job.

Be social

You’ve heard it a thousand times, but it can’t be stated enough. If you want to grow your business, you need to have an active social media presence. Stress on the active. It’s not enough to set up an account and only post once a month. People today live on social media—you must live on social media too.

If that’s not enough to convince you, consider this—in 2019 alone, social media marketing ranked as the one of the top 5 most effective digital strategies at a company’s disposal.

Develop an email marketing strategy

Having an email presence is just as important as having a social media presence. Why? Because email marketing is selling, lead generation and consumer engagement all bundled together. And it’s measurable. That means you can see what messaging works, what messaging doesn’t work, and tweak it until you achieve your desired results.

Additionally, an effective email marketing campaign helps ensure your business doesn’t get lost in the crowd.

In conclusion

If you’re serious about turning your side job into a viable, lucrative career, diligently work through these steps and have patience. Success doesn’t happen overnight. But if you keep watering your dream, it will eventually grow and bear fruit.

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If you’re ready to turn your dream business into a reality, look no further than Nevada Corporate Headquarters. From business entity formation to accounting and taxes, building business credit and estate planning, our comprehensive asset protection strategies are second to none and are proven to help businesses successfully launch and grow. Contact us today and go from business idea to open for business.

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