Have you ever wanted to have an extra income outside of your paycheck? Relax, there are currently many side business ideas that can be done after work and/or other daily activities.
The side business itself is an activity carried out on the sidelines of the main job that aims to generate additional income without neglecting the main job. And to do so, most people choose a side business that does not require large capital. But what about legality? Does a side business also need one? Check out the answer here.
Opportunities to Open a Side Business
In daily life, there are many needs that must be met, both basic and additional needs. To increase your income, you can build a side business. Even for those of you who are still employees, you can still start a side business. With various conveniences, many office workers are starting to enter the business world as a side job. You can start from a small business first or one that you can manage along with office work. There are also many business ideas, it’s just a matter of how you can choose according to your interests and passions. Although it is definitely not easy and there are new challenges, but this is a series of benefits that KH pals can get if they have a side business outside the main job:
Turning Passion into Money
The ease of technology now makes it very easy for people to turn their passions and hobbies into income. Those of you who have a hobby of design, article creation, copywriting, translating, making short stories can now easily showcase your work on blogs and other social media. For those of you who like to cook, can do makeup, reviewing products also has a good opportunity to be a side business.
Building Business Skills Early on
While you are still an employee who has an income every month, you can try a business to hone your skills to become more expert. You can also use part of your salary to take courses about the business you’re going to work on.
Has Broad Future Prospects
By starting a business, it will be easier for you to determine your future plans. You will not feel dilemma when your contract at a company has ended because everything you have prepared.
Value Added Portfolio
Choosing a job is a choice and there’s nothing wrong with trying new opportunities like going into business. This can also be a plus point for you in the eyes of the company. From the business you run, it’s easier for people to get to know you.
Add Relationships
Having a lot of relationships will certainly be fun, especially when sharing about business. You not only have friends from the office but also from business clients. Very pleasant, isn’t it?
Remember, side businesses also need legality!
Even though it is only a side business, a business is still a business which in its development, requires the main factor, namely business legality. Yes, to start and carry out business activities, whether a side business or not, must have basic requirements for business licensing and / or risk-based business licensing (Article 4 of PP 5/2021). Business legality can be evidence of legitimate business activities in the eyes of the law and can be accounted for. In addition to providing legal certainty and protection, having a legal business license will also accelerate market expansion through legal contracts with various marketplaces.
READ ALSO: No Time-Consuming, Here’s a Side Business Idea for Office Employees
The management of business licensing is currently carried out through the Online Single Submission Risk Based Approach (OSS RBA) system. To find out what licenses must be owned, Friend KH must first search and determine the Indonesian Standard Business Field Classification (KBLI) on the OSS-RBA portal. After that, the risk level and scale of business activities will be determined through the KBLI description in the OSS-RBA system. The level of business risk can be classified into (Article 10 of PP 5/2021):
Businesses with a low level of risk
Business licenses with a low risk level only require a Business Identification Number (NIB) registered through OSS-RBA.
Medium-low risk businesses
Business license for low-medium risk businesses requires NIB and standard certificate
Medium-high risk businesses
For business licenses with a medium-high risk level, the required legalities are NIB and standard certificate.
KH Contact
It’s actually okay for everyone to have a side business as another source of income besides their main income. In addition to supplementing income and filling spare time, a side business can also be used to improve one’s abilities outside of one’s main job. But even so, a side business must still be managed wisely and responsibly by registering the legality of its business activities. That way, all risks in business activities can be minimized and at the same time can increase public confidence in their business products because they have obtained legal permission for their production and marketing activities.
READ ALSO: Risks of Owning a Business Without Legality
So, for KH Pals who currently also have a side business, let’s immediately fulfill the legality of their business with Kontrak Hukum! We have been trusted by thousands of businesses and companies in Indonesia as a One-Stop-Shop to fulfill business legality needs, such as NIB, NPWP, IUMK, and IPR registration. To see more services, visit KH Services – Starting a Business page. If you still have other questions, you can also consult for free at Tanya KH or send a direct message (DM) to Instagram @kontrakhukum.
