105 Business Ideas

Below is a listing of one hundred and five business ideas thought of by middle and high school students. Hopefully this listing will illustrate the principle of business ideas:
1. underwater restaurant
2. spa franchise
3. foldable hammock for car trunks
4. high quality light fixtures
5. health bar chain
6. comfy, damage-free ear phones
7. chair with popcorn holder, tray, built-in radio, massager
8. self-cleaning microwave
9. security software to protect against hackers and credit card scams
10. wholesale store without membership card
11. aerobic center for teenagers
12. chair store w/ imported European chocolate
13. restaurants for dogs and cats
14. oxygen tanks so dogs and cats can go diving
15. computer animation company
16. real estate company
17. cosmetics/hair care company
18. bowling alley in Cartagena, Columbia
19. Store that makes custom clothes
20. electronic translator that you put in your ear
21. fashion design company for new designers that need a start
22. iron rod production
23. selling traditional jewelry
24. brail screen that reads computer and translates the text on a computer into 3D brail that the blind could read
25. lumber company
26. Make a ski board rotating wardrobe at ski resorts
27. flavored straws
28. A grocery store that also had a fitness center
29. a diagonal load dishwasher
30. sushi restaurant
31. Candyland theme park chain
32. web design/advertising company
33. per month CD online company
34. educational software for the visually impaired
35. bringing broadband internet access into developing countries
36. Sonar for blind people
37. voice/data equipment for hospitals
38. drink machine that talks to you.
39. a teddy bear with sensors and small computer inside that would talk to infants/toddlers and encourage good behavior or tell them a bed-time story
40. an online store where you could customize clothing and then have it shipped to you
41. an educational software company that made console games for kids that were actually fun to play.
42. Monorail company
43. triangular and circular houses
44. interchangeable shoes
45. internet cafe
46. pens that never from out of ink
47. new type of fuel
48. hovercars
49. new internet service provider
50. college/cheerleader calendars
51. college/male athlete calendars
52. voice-activated radio/TV
53. voice activated hourse
54. remote control finder
55. voice activated keys
56. hydrogen powered cars
57. easy wrinkle remover
58. never-ending bottle of soda
59. underwear with pockets
60. new clothing line
61. donut store
62. shoe pockets
63. wireless TV headseats
64. haircoloring shampoo
65. desks with build in computers
66. text books on computers
67. automatic dog food dispenser
68. remote control lawnmower
69. washer-dryer all in one combo
70. color eye drops
71. mechanical spiders
72. MP3 player watch
73. watch that automatically knows what time zone it’s in
74. butt-wiping toilets
75. better toothpaste
76. virus protection
77. toothbrush with toothpaste in it
78. video phone
79. logo changing shirt
80. solar color changing shirt
81. solar powered sports cars
82. color changing nail polish
83. TV on cell phones
84. personal soda dispenser
85. voice-controlled air conditioning system
86. resort
87. color changing hair bow
88. voice activated elevators
89. phone/tv/radio in a shower
90. sponges with built in soap
91. self-moving furniture
92. multi-colored markets
93. reversible backpacks
94. student tracker system
95. remote to control of your appliances
96. sneakers with comfortable insides
97. auto food/water dispenser for animals for when family is away for a few days
98. vacuum with perfume in it
99. trash can with perfume in it
100. real-looking pony tail that hooks in your hair
101. 3 in 1 paint color can
102. refrigerator that has an alarm for bad food
103. cat food dispenser
104. boats that give a smooth ride
105. New brand of cola

20 Questions Before Starting a Business

Many people dream of having their own business. To see if starting a business is right for you, ask yourself these important 20 questions. Your answers will help you determine if you are ready to become a small business owner or where you need to spend more time in planning.

1. Am I prepared to spend the time, money and resources needed to get my business started?
   
2. What kind of business do I want?
   
3. What products/services will my business provide?
   
4. Why am I starting a business?
   
5. What is my target market?
   
6. Who is my competition?
   
7. What is unique about my business idea and the products/services I will provide?
   
8. How soon will it take before my products/services are available?
   
9. How much money do I need to get my business set up?
   
10. How long can I have to finance the company until I start making a profit?
    
11. Will I need to get a loan?
    
12. How will I price my product compared to my competition?
    
13. How will I market my business?
    
14. How will I set up the legal structure of my business?
    
15. How will I manage my business?
    
16. Where will I house my business?
    
17. How many employees will I need to start up?
    
18. What types of suppliers do I need to contact?
    
19. What kind of insurance do I need to invest in?
    
20. What do I need to do to ensure I am paying my taxes correctly?
    

Follow These Steps to Starting a Business

Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.

Step 1: Templates for Writing a Business Plan

Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.

Step 2: Get Business Assistance and Training

Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Choose a Business Location

Get advice on how to select a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Find government backed loans, venture capital and research grants to help you get started.

Step 5: Determine the Legal Structure of Your Business

Decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.

Step 6: Register a Business Name ("Doing Business As")

Register your business name with your state government.

Step 7: Get a Tax Identification Number

Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

Step 8: Register for State and Local Taxes

Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

Step 9: Obtain Business Licenses and Permits

Get a list of federal, state and local licenses and permits required for your business.

Step 10: Understand Employer Responsibilities

Learn the legal steps you need to take to hire employees.

Source :  U.S Small Business Administration