Active vs Passive Income: Definition, Differences, Pros & Cons

Active vs Passive Income: Definition, Differences, Pros & Cons

When trying to make money, it’s important to know the difference between active and passive income. Active income is money you earn by working for an employer or running a business. Passive income is money you earn without putting in any active effort. Both have pros and cons, but which is right for you? Let’s…

How to Start a Personal Shopper Business
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How to Start a Personal Shopper Business

If you like shopping and getting the best deals for your family and friends, becoming a personal shopper might be an ideal option. In most personal shopping arrangements, your client provides you with a list of items (general or specific), and you obtain them and take them to the client. This is a decent option…

How to Start a Virtual Assistant Business in 6 Steps
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How to Start a Virtual Assistant Business in 6 Steps

With all those small businesses and startups out there, virtual assistants have become more in-demand. When clients hire a virtual assistant business, they’re looking for someone to handle ad hoc tasks and have admitted to their overwhelm. A virtual assistant business comes to the rescue, following up on more menial tasks so you can focus…

Business Structures Explained: Types, Considerations, & More

Business Structures Explained: Types, Considerations, & More

Deciding on the right business structure for your new venture is an important decision with long-term implications. The most common business structures are sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Each type of business entity has its own advantages and disadvantages, so it’s important to understand the pros and cons of each before…

Earning Money as a Rideshare Driver
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Earning Money as a Rideshare Driver

The gig economy is becoming increasingly popular because of its flexibility and work-life balance. Being a driver for Uber, Lyft, or other ride-sharing companies is one of the most common gigs, and with good reason. Rideshare drivers can earn $15 to $20 an hour driving people around town. Is Being a Rideshare Driver Right for…

How to Start a Freelance Writing Business in 2022
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How to Start a Freelance Writing Business in 2022

Are you looking for a way to make money from home? Are you a talented writer? If so, starting a freelance writing business may be the perfect opportunity for you. In this comprehensive guide on how to start a freelance writing business, we will walk you through everything you need to know in order to…