10 Best Small Business Ideas – These great business ideas offer opportunities for entrepreneurs who want to start something new, whether you already run a business or want to start your first company.
If you are thinking about starting a business, you should consider whether your idea fulfills a need for people to live and work. If you can identify an unmet need and target market, you may have a business idea on your feet, but how do you come up with a good idea in the first place? This list of business ideas includes 26 great types of businesses that will help you succeed
10 Best Small Business Ideas
This list of 26 great business ideas will help you start your entrepreneurial journey. Note that many of the ideas below require a credit card processing partner to get started, so you can keep costs relatively low.
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If you are interested in selling clothes, you can consider starting an online reseller business. Although it takes time, dedication and an eye for fashion, you can start your business as a side hustle and turn it into a full-time reseller business. You can start by using online store websites like Poshmark and Mercury to sell your unwanted clothes and accessories, then expand to your resale website.
Consider shopping estate sales and flea markets for hidden finds at low prices and then listing them online for a profit. If you work hard enough and find the right location you may be able to assemble a significant inventory of items in good shape for a small amount of overhead.
About 70% of Americans own pets. When these families are gone for a long time, your pet small business can give them peace of mind. As a pet sitter, you will watch their clients’ dogs, cats or other pets. (with dogs) They will need to be walked as needed. To help keep customers satisfied, they need to be regularly updated on how their pets are doing
If you have other sources of income that require little more than an internet connection and a laptop, pet sitting can be a great small business idea. Almost all pet owners will be happy to let you work on their laptop while you spend time at home with their pets, meaning you can run two income streams at once.
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If you have a sense of fashion (or humor), you might enjoy starting a t-shirt printing business. You can license someone else’s design and screen print it onto a blank tee. Either way, if you have the space for a t-shirt printing setup, you can easily get the equipment you need to get started.
Did you know?: T-shirt printing can be a great e-commerce business. You can allow customers to place online orders and sell t-shirts in bulk. This way, you can sell to customers across the country and around the world.
If you love cleaning, you can easily turn it into a business. With some employees, cleaning supplies, and transportation, you can provide cleaning services for homeowners, apartment complexes, and commercial properties. Most cleaning services charge $25 to $50 per hour. Cleaning services are simple businesses that require relatively little overhead. All you need is planning, dedication, and marketing to attract customers.
If you want to set yourself apart from other cleaning services, consider adding premium options like floor waxing or outdoor power washing for an additional fee. These services can be the deciding factor between your new cleaning service and experienced companies that maintain a client list to provide that level of cleaning.
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The demand for online education has created opportunities for entrepreneurs. Since it is an online venture, you can learn about any subject and teach the course regardless of location. If you don’t have advanced knowledge in a particular subject, consider teaching English as a foreign language to students abroad.
Like education, technology allows many booking services online. If you are an accountant or bookkeeper who wants the freedom and autonomy of running your own business, take advantage of modern technology to start your own online booking service.
If you are knowledgeable and passionate about a specific topic (such as business, social media, marketing, human resources, leadership or communications), consulting can be an attractive option. You can start a consulting business yourself, then grow your business and hire other consultants over time
If you have a reliable vehicle and good time management skills, consider starting your own courier service – specifically, a medical courier service. As a driver, you will be responsible for transporting medical supplies such as lab specimens, prescription drugs and equipment. You can start your own courier business or hire other drivers to work for you
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Did you know?: The healthcare industry is expanding, which bodes well for medical courier service job stability. The broadest customer groups your business can serve, including hospitals, nursing homes, laboratories and private practices
If you are tech savvy and experienced, you can consider a career in app development. The smartphone is a daily accessory for many Americans, which has increased the demand for mobile applications. Similarly, virtual reality software has become popular in recent years, hence the demand for VR app development.
If you have a good ear and can type quickly, a transcription service will allow you to work from home with a flexible schedule. Medical transcription services are especially in demand as an extension of voice recognition technology for healthcare providers’ orders.
You can take on as few or as many transcription jobs as you want, this flexibility can be especially beneficial if you don’t want to start right away or if you have a day job you want to put on hold for now. To boost your business prospects and justify the extra fee, consider becoming a certified transcriptionist and focusing on a few specialties.
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Medical transcriptionists typically charge 6 to 14 cents per line of transcription, which quickly adds up. The typical turnaround time for transcription work is 24 hours, so it’s important to stay on top of the work you’re accepting. However, the ability to accept only a few requests initially means you can scale when you’re ready. Best of all, startup costs and overheads are very low. All you need is a computer, the right software and a secure messaging service.
Note: Although not required, a medical transcription license can increase your business’ competitive advantage and expand your customer base to include larger companies. Some service providers prefer that their transcriptionists receive training from a certification program.
Looking for a business idea that you can really enjoy? Professional organizers like Marie Kondo help people live In an age of materialism, many people are desperate to control and manage their possessions Minimalism is becoming more popular, but people often find it difficult to part with things they’ve had for a long time. Part of being a professional organizer is helping clients develop systems to minimize
If you are a highly organized person who enjoys making spaces functional and comfortable, you may be good at training others to do the same. People will pay you to help them develop a method for decluttering their possessions and maintaining an organized space. To promote your business, ask if your clients will let you take before and after photos of the homes you’ve managed. If so, you can use them to create a portfolio that you can use to attract more clients on social media.
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If you’re a natural wordsmith with a bit of marketing savvy, you can set yourself up as a freelance copywriter or content writer. Whether you write blogs, web content or press releases, many companies will pay for your services to increase your value by using SEO knowledge to help clients develop a strategy around specific keywords that their target audience is already using in their online searches.
Running a freelance copywriting business is a great business because as long as you have an internet connection, you can work. It is a business that you can work from the comfort of your home or from the road. If you do, you can make freelance writing your full-time job.
A background in caregiving and hospitality can go a long way in assisting seniors at home in need of in-home care. It’s also a service for which demand is only going to grow. According to the Population Reference Bureau, the population over the age of 85 is projected to triple between 2020 and 2060, from 6.7 million to 19 million. The number of centenarians (over 100 years old) in the world has already reached about 600,000. Many need care and support in their own homes
Fortunately, you don’t need a background in healthcare to help seniors and grow a successful business at the same time, although they do.
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