Are you looking for ways to start your own business? If yes, then these 25 incredible small business opportunities might interest you.
Small businesses are often overlooked because they don’t offer big profits or high salaries. However, starting your own business can be rewarding and fun. There are many benefits to owning a small business, such as flexibility, independence, and freedom from corporate politics.
There are many small business opportunities out there. Some of them are listed below. These small business ideas will help you get started off on the right foot.
Mobile Phone Repair
The mobile phone repair industry is growing at an average rate of more than 20 percent per year. The global market size was valued at $7 billion in 2014. And it is expected to reach $10 billion by 2019.
Travel Agency Business
The travel agency business model works like this: You find travelers who need accommodations and/or car rentals, and you provide those services while earning a profit margin. A travel agent may also arrange tours, activities, and other extras. In some cases, a person’s entire vacation package costs less than what it would have cost him or her to book everything separately.
If you love dogs, working with them, and want to make money doing it, a dog grooming franchise could work well for you. Many people do not realize that there are many different types of dog grooming franchises available.
Event Planning Business
If you enjoy planning events, you can open an event planning business where you can design wedding receptions, anniversary parties, birthday parties, and any type of social gathering or party.
Personal Care Assistant
A personal care assistant provides non-medical assistance to individuals with physical disabilities. Assistants perform daily tasks such as preparing meals, dressing, bathing, and helping with self-care. They answer questions and relay information to family members, clients, and their employers about the individual’s needs and preferences.
This is one of the easiest businesses to run because you only need a laptop computer, comfortable clothes, and teaching expertise. Students of all ages pay anywhere from $20 to $50 per session to learn something new from a tutor.
This is another business idea that does not require too much investment but can give significant returns. It involves making grass, shrubs, and trees look attractive to customers so that they visit your property frequently.
Housekeepers generally clean residential buildings including apartments, houses, condos, offices, commercial properties, etc. They ensure that each room looks presentable and are completely free from garbage.
Childcare centers take care of children up to five years old. Parents trust childcare centers since these centers are regulated and licensed. This means that parents know their children are safe and secure.
Massage therapy is gaining popularity. People are choosing massage over spa treatments for its ability to reduce stress, relax muscles, and aid in recovery from injuries. Massage therapists administer Swedish massages, deep tissue massages, sports massages, and other therapeutic massages.
Photographers capture special moments on camera; therefore, they are always in demand. If you love photography, then this is the perfect side business idea for you.
Funeral planners help families plan and prepare for funerals. Their responsibilities include finding cemeteries, funeral homes, and memorial parks, arranging transportation, cremations, and other services.
Real Estate Investing
Real estate investing is similar to buying stocks or bonds on margin. Investors buy real estate assets at a low price, hold onto them for a few years, and sell them when they rise in value. Some of the benefits of real estate ownership are tax advantages, more job security, and lower maintenance costs.
Walking dogs is a great way to get fit, meet new friends, and earn some extra cash. You can start small by walking neighbors’ pets or local rescue groups. The best part? Most owners will provide you with access to their pooches.
If you live near busy roads, you could make money driving service for people who want someone else to drive them around town. Your clients would be professional drivers looking for quick work.
Pet sitting is a flexible business idea. You can do it just once or twice a week, every day, or even while traveling.
Personal training works like aerobics classes, except the instructor has been specifically trained to teach you how to exercise safely and effectively.
Transcribers transcribe recorded audio files into written content. Not only does this let others hear what was said, but it also helps those who speak little or non-English understand each other better.
Writing services offer freelance writers the opportunity to write articles, white papers, product descriptions, ebooks, press releases, and more. These writing services may not sound very creative, but trust us—you don’t need to be a seasoned writer to make good money as a freelancer. We wrote this guide because we LOVE earning through freelancing! Work whenever and wherever you want. It’s super easy to get started, and our community will show you everything you need to know about making money online through writing services.
Virtual assistants perform administrative tasks for businesses such as email management, bookkeeping, data entry, scheduling appointments, proofreading, and editing documents. They usually charge hourly rates (which range from $9 to over $100) and have varying levels of expertise. Read this article on the types of virtual assistants available.
Voice actors record one-sided conversations or lectures for companies that use them in advertising campaigns, podcasts, videos, and more. If you’re passionate about voice acting, then you should definitely check out this voice actor job board.
Website designers build sites for businesses, nonprofit organizations, and individuals. This is a highly technical field requiring skills in coding, graphic design, marketing, and business management.
Food trucks are basically mobile restaurants that serve food right at your event or location. Check out this resource for tips on starting a food truck business.
Content writing is another online business idea that involves creating high quality text for a variety of purposes. For example, if you love crafting articles, you might try selling your blog posts on platforms like Kindle Direct Publishing, Scribendi, or Textbroker.
App development is a great way to turn your dream into reality! Whether you’re new to programming or experienced, there’s a plethora of apps to create. And many of them pay really well too. To give you an idea: Google Pay averages $15/hour, and Lyft pays up to $22/hour.
SEO consulting can help small businesses with their search engine optimization efforts. The best part? You’ll often find clients by networking within your local community.
Social Media Management
Social media management is another service offered by some web design firms. In addition to posting and sharing relevant content on various social networks, these professionals also monitor comments made about their client’s brand, respond to negative reviews, and manage online reputation issues.
If you enjoy reading books and have strong grammar skills, consider becoming an e-book writer. Most people who work as e-book writers do so remotely via computer.
Affiliate marketing is a popular method of promoting other people’s products and services. Companies commonly use affiliate programs to increase traffic to their websites. Some affiliate marketers use paid advertisements while others rely solely on free methods to promote their links, including blog commenting, Facebook groups, blogs, and forums.
The interior decorating industry has grown substantially since the 1980s. Today, it accounts for approximately $1 trillion annually. If you have experience working with paint, wallpaper, lighting, flooring, furniture, and accessories, you could start your own interior decorating company.
Starting a home-based business doesn’t require a lot of money, but it does take time and effort. Before launching your venture, be sure to research the market, learn how to code, and develop a solid plan. Startups cost less than established companies, which means they typically offer better benefits. But don’t let low startup costs fool you — running a successful business takes hard work and dedication.
What would you add to this list? Share in the comment section below.