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Passionate in tech, software and gadgets. I enjoy reviewing and comparing products & services, uncovering new trends and digging up little known products that deserve an audience.
Would you like to increase your finances? How much money
Passionate in tech, software and gadgets. I enjoy reviewing and comparing products & services, uncovering new trends and digging up little known products that deserve an audience.
If you are in search of a difference between a
Ruth is a life coach who specialises in relationships and career development. Outside work, she loves writing novels and guides for personal development.
Do you think you are a naïve person but want
Ruth is a life coach who specialises in relationships and career development. Outside work, she loves writing novels and guides for personal development.
The invention of the internet transformed the world in a big way. It made the world a global village where people can connect at the click of a mouse. It has also revolutionized the way business is done. Today, you can start and run a small company online using internet resources such as a simple website and social media.
This means that you can run a small company from home so long as you have a business idea, a computer, a phone, and the internet. Once you start, you can get suppliers and clients online. The internet also has all the online courses you may require to make your small company successful.
This is a great year to start that small business that you have dreamed of for years. If you want to become a successful small business owner, the first step is to find a business idea that appeals to you. Once you pick the business idea, get a suitable company name and a business plan then get started.
Table of Contents
This list of business ideas should help you to grow your small business into a successful enterprise that makes cash for you even when you are asleep.
Nowadays, website developers are in high demand. This is because having a website is almost mandatory for anyone who wants to succeed in business. Most of these individuals or companies require someone to develop websites for them and they are willing to pay for a good job.
Photo: negliadesign.com
Do you have a certificate or technical skills in website development and some web development experience? Then venturing into a small business as a website developer would be a great business idea.
Website development is a low-cost venture. Your work would include building websites and web pages for your clients. You might also be required to update the web pages and websites every now and then.
You could start your small company by developing your own website. You could also develop one for a member of your family or a friend. By so doing, you will have a portfolio to show to your would-be clients.
When you have developed one or two websites, you can start marketing using brochures and flyers. You could also post links on your social networking sites to the websites you have developed.
There are also platforms where you are assured of getting clients. They include job boards like Flexjobs, Peopleperhour, Upwork, and Indeed. The clients here pay per hour or per project.
Click here for more tips on how to pass your Dream Job’s Interview
The amount you can make from this small venture depends on your skills and experience. Statistics from Website Builder Expert show that independent website developers charge per hour or per website. They could charge $450 to $5,000 for each website. The hourly rate could be between $30 and $85.
Click here for more tips on how to pass your Dream Job’s Interview
As your small company grows, stay up-to-date about the latest software and technological developments in the industry. This will help you to give your clients the best services.
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Web development is a good business to start in the 21st century. This is an industry that is ever-evolving and expanding and the opportunities are therefore unlimited.
A blog is a simple website where you can self-publish online. Originally, it was meant to be a diary where a person could record the day’s happenings. Today, blogs have evolved and include articles on different niches, videos, and photos.
If you like writing, you could start a blog. This is one of the best online business ideas. As a blogger, you are expected to publish and share original, high-quality, interesting, and valuable content on your blog. The content should also be search engine optimized.
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You require a computer, internet, and a website. There are free blogging websites that you could start with such as WordPress, Blogger, Wix, Weebly, etc. However, if you want people to take you seriously, you should have your own website.
Choose an interesting niche that genuinely interests you. Some of the popular blogging niches are lifestyle, food, fashion, personal finance, technology, parenting, etc.
The name you choose for your website should give people a sneak peek into what your blog is about. You could develop the website personally if you have the know-how or get a website designer to help you.
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When the blog is up and running, start posting your articles. Write articles in a relaxed and engaging style so that your readers can start a conversation. Post regularly to attract more people, get loyal readership, and attract advertisers.
Market your blog by sharing your posts on different social platforms. You could also use email marketing to alert people of new posts. You should also request your readers to subscribe to your blog.
When the number of readers increases, you can monetize the blog. There are many ways you can make cash from a blog. They include:
Starting a blog is one of the greatest small business ideas today. You get to generate revenue as you share entertaining and valuable information.
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Some successful newbie bloggers make more than $1000 a month. You could make that kind of cash or more if you remain focused.
Graphic design is communicating messages and ideas visually. If you have graphic design skills or experience, you could start a business in graphic design.
If you look around, you are likely to see billboards, signage, posters, etc. All that is graphic design. Graphic designers are in great demand as companies and individuals need them for branding, advertising, and marketing their brands.
Photo: designworld.home.blog
To get started, you need the necessary skills or experience. You also require a computer, internet, sketchbook, and knowledge of graphic design software. Your work may include designing logos, posters, cards, and page layouts on websites.
You could get clients by signing up on design job sites like SolidGigs, Flexjobs, and Upwork. Market your small company also through social networks, Linked In, and Fiverr. Once you have grown your portfolio, you could send pitches to larger companies.
Some clients can pay you per hour or per project. According to ZipRecruiter, an independent graphic designer can earn an average of $27 per hour. According to the same statistics, it is possible to earn $55,642 per year. The amount you can make hourly or annually depends on your skills and experience.
If you want your small company to expand, you could do the following:
• Keep yourself updated on the ever-evolving graphic design software
• Hire and train other amateur graphic designers to help you handle projects
• Develop a website to give your company a professional look
If you deliver high-quality work on a timely basis, you will grow gradually. You will get new clients, repeat clients, and many referrals and your company will thrive.
Property management is overseeing real estate property. This may include residential or commercial properties. A small property management company is one of the lucrative small business ideas for anyone who has the necessary skills or experience.
Many property owners do not have the skills or time to manage their properties and therefore contract a property management company. Property management companies are in great demand as residential and commercial buildings continue to increase worldwide.
Photo: thebalancesmb.com
Your small real estate company may be required to do the following on behalf of the clients:
• Take care of the buildings
• Market the vacant units
• Connect tenants to owners
• Oversee signing of leases
• Inspect the properties regularly
• Collect rent
If you operate from home, the start-up costs are low. To get your business going, you need a phone, a computer, internet, and clients. Having a certificate in property management would be an added advantage but not essential.
You could advertise your work offline through business cards, flyers, and brochures. If you visit ZipRecruiter, Truelancer, and Freelancer, you will find numerous clients looking for virtual property managers. You could start with such clients so that you can build your portfolio.
In many countries, a real estate/property manager gets a 10% commission of the rent paid monthly or annually. The beauty of this enterprise is that you can work for multiple clients to maximize your profits.
Property management is among the most interesting small businesses as you get to interact with landlords and tenants. You could make a fortune monthly or annually if you get several clients. Your earnings could skyrocket if you bag one or two high-end clients.
A small moving company is one of those businesses that are always in great demand. Every day, numerous people move from one home to the other for various reasons. Companies also open new offices or relocate to new offices. All these consumers hire a moving company to help them ferry their stuff.
Photo: allinmovingsystems.com
This is a good small business idea to venture into if you are healthy and physically fit. Your work will be to help clients move their belongings from one home to another or from one office to another.
You require a phone, a moving truck/van, moving equipment, and moving boxes. If you don’t have a truck you could hire one whenever you get a client. Since this job involves heavy lifting, you would have to hire people to help you. You could minimize your expenses by hiring temporary staff when the need arises.
Your marketing strategy should include the use of the internet community, cards, and brochures. In the future, you could develop a website and also list your company in directories in your city.
Normally, moving companies charge per hour for short distances. They however base their charges on weight and mileage for longer distances. The hourly charges are between $25 and $30. You could earn more by doing additional tasks such as packing, unpacking and arranging the house or office for your clients.
If you are looking for one of the most stable, small business ideas, then a small moving company is a great choice. You can always find clients even when times are hard.
If you have a car that you don’t use regularly, you could start a business of car rental. This means that you rent out your car to someone for a given period of time. Rental cars are always in demand as individuals, companies, and tourists are in constant need of transport.
Starting a car rental company is one of the greatest business ideas. Your car should be in tip-top condition and you should have the necessary permits to operate this business. You should also have a phone, computer, and internet.
The internet has made finding customers for car rental businesses quite easy. There are numerous car rental marketplaces on the internet. When you list your car on these marketplaces, you don’t have to worry about getting clients. They get the clients for you and they deduct a service fee when the client pays.
Find out the car rental marketplaces in your area. Some of the reputable ones are Getaround, Rentalcars, Turo, Avis, Car2Go, etc.
The amount you can make may differ depending on your location and the type of car you own. High-end cars charge more than ordinary cars. For instance, in the US, high-end cars can charge between $100 and $200 daily. Ordinary cars can charge between $35 and $50 daily.
As you continue to grow, you can buy additional cars and employ people to help you. This can be a profitable enterprise with a huge potential for growth.
E-commerce has taken the internet by storm. E-commerce is basically buying or selling goods electronically using the internet. One of the popular E-commerce methods is dropshipping. If you would like to venture into E-commerce, dropshipping would be a good starting point.
Dropshipping is a simple business model. You open an E-commerce virtual store and sell goods on behalf of a supplier. Your work is to market your suppliers’ goods in your virtual store.
When a customer places an order, you pass the order on to the supplier. The supplier then ships the goods to your customer. Meanwhile, the customer thinks that the goods have come from you. It’s a win-win situation for you, the supplier, and the customer.
Start your dropshipping company by making a list of the products you would like to sell. You then search for dropshipping suppliers of those products and contact them. Some of the suppliers are Wholesale Central, MegaGoods, Alibaba, and AliExpress.
Once you have identified and contacted your suppliers, look for a dropshipping platform where you can set up your virtual store. Some of the dropshipping platforms are Shopify, WooCommerce, Magento, etc.
Open an account with the dropshipping platform and set up your online store. The dropping shipping websites normally charge a fee for using their platforms.
When the store is ready, you can start trading. If you want to grow quickly, advertise your store widely using the internet community.
Dropshipping business owners can reap huge profits. According to Nichepursuits.com, first-time drop shippers can make between $200 and $3000 within the first month of trading.
The internet has made the writing and publishing of books and other materials quite easy. You can now self-publish books and eBooks, market and sell them online.
If you like writing and have something to share with the world, you could start a business writing eBooks. An eBook is an electronic book. This means that it is published online and read online.
You require a computer, the internet, and your writing skills to start this business. You can choose to write in whichever language you are competent in.
It is important to think of what you will write about. Choose a topic that you love and are interested in. Some of the popular niches are:
Start posting compelling and entertaining posts, photos, or videos that grab the attention of your audience. Engage your audience so that they like, share, click on links, and comment on your content. Ensure that you post regularly; preferably daily.
You do not require millions of friends and followers to become a Facebook influencer. It all depends on the power you have over your audience. You can become an influencer even with 1000 friends. However, it is important to make new friends regularly so that your audience base can grow.
When your influence on Facebook starts to grow, make a list of brands you would like to collaborate with based on your niche. Start mentioning and tagging these brands in your posts to draw their attention to your profile.
Also, start marketing yourself to different companies to become one of their brand influencers. Once they hire you, you will promote their brands through Facebook and you will get paid.
This is not a get-rich-quick kind of venture. If you want to succeed in this business you need engaging and high-quality content. If you produce such content, you could become a huge Facebook Influencer.
Today, the demand for childcare services is booming. This is because, in many families, both parents have full-time jobs. In addition, parents sometimes want to go out without their children. All these parents require someone to look after their children while they are away.
Do you have a passion for children and some childcare experience? Then you might consider starting an in-home daycare. You can start running this new venture on your own from the comfort of your home. Your work will be to look after other people’s children at a fee.
Photo: nytimes.com
Start by finding out what is required to start an in-home daycare in your area. These may include certification and insurance. Also, check whether your home is child-friendly.
You could come up with a list of activities that will engage the children while under your care. Get supplies such as first aid kits, mats, toys, and stationery.
You could start the daycare with one or two clients. If you have children of your own, you can combine them with your clients’ children. Advertise your services through word-of-mouth, social networks, brochures, and flyers.
According to recent statistics by Care.com, a parent pays approximately $199 per week for an infant in an in-home daycare. This amount may vary depending on where you live, and the hours you spend with a child.
An in-home daycare can be both financially rewarding and personally fulfilling. Your daycare can expand even more if you take additional childcare courses.
Do you have some writing skills? Well, there is someone out there who requires those skills. Such people don’t have the skills, time, or resources to write. They may require someone to write for them articles, letters, speeches, press releases, resumes, etc.
Freelance writing is one of the small businesses that are easy to start. All you need to get started is your writing skills and search engine optimization skills. You also require a phone, a computer, and the internet. Once you are armed with these things, you can start looking for writing work.
There are numerous places where you can get all types of writing jobs online. As a beginner, you could start by visiting content mills. They don’t pay a lot of money but they are good places to hone your skills as a newbie writer. Some of the content mills are Textbroker, ContentGather, Constant Content, and Scripted.
You can later move to higher-paying writing jobs. You can get such jobs by pitching and bidding on the numerous writing job boards available. Some of the best job boards are BloggingPro, Upwork, All Freelance Writers, Freelance Writing, and ProBlogger.
Keep on looking for more and more work. Once you get lots of writing work, you could hire other good writers to help you. That way, your writing venture will grow into a successful business.
If you are the kind of person who always repairs things around your house, then this business would be good for you. A handy worker does odd jobs such as changing bulbs, decorating, fixing toilets, mowing grass, simple carpentry jobs, painting, etc.
There are many people searching for handy workers online. So, you can make a kill from this kind of venture if you stay ahead of the pack. The work involves moving from one home or office to another, fixing things.
Evaluate the handy worker skills you have then decide which services you will offer. You can start your handy worker company by telling your friends, family members, and neighbors. You could also tell your followers on social platforms.
You should be willing to do very small jobs, to begin with. Start with jobs you can do without any help and charge per hour or per day. If you want your company to grow, identify other handy workers with different skills from yours. These people will work with you on bigger projects.
After you have kick-started your company, look for an additional business online. There are websites where you can get customers looking for handy workers. These websites include Thumbtack.com, Handyman.com, BuildZoom.com, Nextdoor.com, and HomeAdvisor.com.
Handy work small business owners can get a regular stream of work from these websites. Work hard and the sky will be the limit.
Instagram is another popular social network. It’s a video and photo-sharing platform where you can share messages, videos, and photos with your followers.
If you love taking videos and photos, this is a wonderful business idea. You could share your content on Instagram, build a huge following and become an Instagram influencer. An Instagram influencer is a person who influences his/her followers to purchase from companies through Instagram.
Photo: digiday.com
You could earn money as an Instagram influencer by promoting brands of different companies. Since Instagram is a platform for posting photos and videos, you should have a smartphone that takes great videos and photos.
Concentrate on a niche that you really like. Some of the popular niches are photography, animals, food, music, luxury, beauty, etc.
Make your Instagram profile attractive by creating a bio that grabs people’s attention. Then, use the photos you post to tell your stories so that you can connect emotionally with your followers. Post consistently; preferably several times a day.
Click here for more tips on how to earn money by simply taking photos
You can start earning money as a Nano influencer. This is an influencer with between 1,000 and 5,000 followers. If you have 1,000 followers, you are ready to start your influencer journey. Start tagging brands in your photos and videos to attract them to your posts.
Contact brands that you would like to work with via email. If they accept you, you will post their sponsored posts on your Instagram page. You will then get paid for the posts.
There are platforms that you can join to connect and find brands that are relevant to your niche. Some of these platforms are TapInfluence, TRIBE, InfluencerBay, etc.
You might not become an Instagram influencer overnight but as your following grows, you will get more brand partnerships. Just invest your time and effort and it will pay off eventually.
Click here for more tips on how to earn money by simply taking photos
Landscaping has been in existence since time immemorial. Human beings have always manipulated the land to make it more beautiful. Today, landscaping has become a huge business. If you love working outdoors, then this is one of the best small business ideas for you.
So many people in your neighborhood and its environs are looking for someone to maintain the grounds in their homes and offices. Some of the tasks include weeding, mowing lawns, and pruning trees, planting and maintaining flowers.
You can start small and grow the company gradually. If you don’t have enough capital, you can purchase or rent used equipment. You could also use your car to ferry your equipment.
It is important to decide how much you will charge for your work. You could charge per hour or per job.
Advertise your work to people in your neighborhood using brochures and flyers. Also advertise through your social networks to reach a larger audience.
If you want to experience business growth, offer additional services like snow plowing, edging, leaf collection, and planting trees and flowers. As your small enterprise grows, you can employ other skilled people to assist you.
In the future, you could develop a website for your business. You could also join an online association or marketplace for landscapers. Opportunities are limitless with this kind of small business.
Today, many people prefer a mobile car cleaning service that offers door-to-door services instead of taking their cars to the carwash. No wonder the mobile car cleaning industry is growing so fast worldwide. It is therefore a great small business idea.
You can start by doing simple car cleaning work. This includes cleaning the inside of the car by wiping seats, garbage cleaning, and vacuuming. You also have to clean the body of the car.
Photo:forbes.com
The equipment you require for this type of business includes a hose, pressure washer, brushes, sponges, and buckets. You also require car shampoo, a water tank, cleaning towels, and an overall among other things. You should also have a vehicle to transport your tools.
You could look for clients by advertising your business in your locality using brochures, business cards, or flyers. In addition, post photos and videos of your work online so that people can know about your business.
As your enterprise grows, develop a website where you can showcase your work. You could also give your regular customers some discounts through your website.
Today, many people prefer a more personalized car cleaning service. You can therefore succeed in this business if you are hardworking and focused.
The translation is one of the best small business ideas for people who are bilingual or multilingual. It is a highly sought-after skill and it’s highly marketable as a lot of people all over the globe require translators.
The translation languages in demand are Spanish, Mandarin, German, Japanese, Chinese, French, and English. However, any other language can be in demand. It all depends on what a client wants.
All you need to get started is your bilingual/multilingual skills, good typing skills, a computer, the text you are working on, and the necessary instructions from the client.
Translators are paid per hour, per page, per project, or per word. The work includes translating texts, marketing materials, and books from one language to another. You could make use of translation software tools such as Trados, Ginger, and Babylon to make your work easier.
There are many translation agencies where you can find work. They include Gengo, Smartcat, OneHourTranslation.com, Unbabel, and TextMaster.
You could earn more if you specialize in a certain niche. For example, translators who specialize in technology, finance, engineering, or medical jargon earn more for their work. You can bid for high-paying jobs from job boards such as Flexjobs, Upwork, and Peopleperhour.
Once you are established, you could grow your translation business by building a website and marketing your work to others. Who knows, you could end up starting a translating agency of your own.
Nowadays, many people have no time to clean their houses as they are caught up in the rat race. Such people hire cleaners to ensure that their houses are spotless and clean. So, if you are hardworking and you like cleaning, this is an awesome small business idea for you.
You don’t need any expertise to start a small house cleaning business. So long as you like cleaning and you are hardworking, you are good to go. You could start with only one client and if you do a good job, that client can give you regular work.
The good news is that you don’t need loads of cash to start a house cleaning business. You could start with simple tasks like dusting surfaces, mopping floors, cleaning dishes, and emptying trash. The basic tools you need for such tasks include scourers, sponges, dusters, and cleaning brushes.
Tell people about your new business using traditional methods and social networks. You could later venture into specialty cleaning areas like cleaning industrial sites and offices. Such clients would definitely pay you more for your work.
You could also get well-paying clients online. There are numerous websites where you can apply for house cleaning jobs. Some of them are websites like Craigslist, Housekeeper.com, Snagajob, and Care.com.
House cleaning is a great business because it is a lucrative industry that grows by the day. Covid-19 requires people in homes and offices to be more vigilant about cleanliness. This is the opportune time to venture into a small house cleaning business.
Twitter is a reputable social networking forum where you interact with other users through micro-posts called ‘tweets’. The posts (tweets) are a maximum of 140 characters. You can access the platform using a smartphone or a computer.
If you want to become a Twitter influencer, sign up for a Twitter account and write an eye-catching and intriguing bio. Ensure that your profile photo is interesting and that your tagline is witty.
Photo: buffer.com
On Twitter, it is all about followers and following. So, you could start your activity on Twitter by following people and companies that have similar interests to yours.
Make your tweets interesting so that people can like, comment, retweet, and follow you.
It is important to make use of the appropriate hashtags. By the way, hashtags originated from Twitter. They help to draw people to your tweets. The right hashtags will help to grow your audience quickly.
When your presence on Twitter is solid, companies will be will to pay you to collaborate with them. You can get paid to tweet about their brands. These are called sponsored tweets. Just contact companies and convince them to work with you.
There are also platforms that could help you find sponsored tweets. You can be paid from $1 per tweet to $10,000; it all depends on your status as an influencer. Some of the platforms are PaidPerTweet, SponsoredTweets, and The Network Niche.
Twitter is an avenue through which you can network. So, post engaging tweets regularly and respond to your followers’ comments and you will be on your way to becoming a successful Twitter influencer.
Herbs have been around for centuries. These plants are still popular even in the 21st century because some have medicinal value while others add color and flavor to food.
If you like gardening, you could start an herb-growing business. The good thing about this business is that herbs grow very fast and you could start selling some of them within three months.
You need a raised bed in the yard or large pots to grow the herbs. You also need simple garden tools and quality soil.
You could grow medicinal herbs, culinary herbs, or both. Some culinary herbs are parsley, rosemary, and basil. Examples of medicinal herbs are chamomile, marshmallow, and peppermint.
You can source your seeds from the numerous herb seeds sellers online. Once you plant your seeds, take good care of them to get a good yield.
You can start by selling your herbs to your neighbors, family members, and friends. You could also sell them at the local farmers’ market.
The amount of money you can make from this business may vary depending on where you live. For example, in the US, parsley growers can sell a pound of parsley for over $8.50.
As your business grows, you can do the following:
Herbs growing business can grow into a profitable enterprise within a short time. The demand for herbs is here to stay and you could therefore make thousands of dollars per year if you do it right.
An interior decorator is a person who instantly recognizes anything that is right or wrong with a room. They can tell what item is out of place and any alterations required to improve the beauty of the room.
Many interior decorators have no formal training in this area; they are usually self-made. If you have the ability to recreate and create a room, a sense of style, and an eye for detail, then becoming an interior designer would be one of the greatest business ideas for you.
You could start by redecorating your home. Every time you finish with a room, take ‘before’ and ‘after’ photos and videos and post them to your internet networks. Write something interesting to accompany the photos and videos.
Photo: architecturaldigest.com
If people are impressed by what you have done with your home, you can start marketing your interior decorating skills to family and friends. You could also use flyers and business cards.
Start by doing simple things for your clients. These may include choosing furniture pieces, selecting upholstery, choosing carpets and rugs, choosing wall hangings, or selecting paint finishes and colors.
The amount you get paid depends on your agreement with the client. There are numerous platforms where you can look for work. Some of these platforms are Remotasks, Decorilla, and Decorist.
If you do a good interior design job for your first clients, you will start to grow. As the business grows, you can hire other skilled people to help you. These include carpenters, floor refinishers, and painters.
Interior decorators are in demand as they can work in homes and offices. You take home the satisfaction of improving someone’s life plus the cash. It is a very fulfilling small business.
Technology has greatly changed the way taxis operate. Although you can still hail a taxi on the streets, today, most bookings take place online. Customers request cabs through apps installed on their phones. Technology has made it easier and more profitable to run a cab business than it was before.
If you are a good driver and have a good car and a smartphone, you could start a small cab company. Your car should be fuel-efficient, cheap to maintain, and reliable so that you can maximize your profits.
You could start by registering your car with any of the cab companies that operate in your city/town. Some of the popular companies are, Uber, Lyft, Bolt, and Grab.
Register your vehicle on their portal and do all the things they require of you. This may include getting the necessary licenses, car insurance, and uploading their app on your phone.
The beauty of running your cab company through these companies is that you do not have to struggle to look for customers. They get the customers for you. You are assured of getting a steady flow of customers regardless of where you are.
The app you install on your phone pre-determines the fare. When the customer pays, the parent company takes a service fee. The service fee is about 20% of the fare. Your company gets the rest of the money.
This is one of the profitable business ideas. According to a 2020 study by TechCrunch, cab drivers could make on average $19 per hour. Good drivers earn additional money from tips.
When your company grows, you can buy another car and employ a trusted driver. You could end up with a fleet of cabs.
YouTube is an online video-sharing platform. It is among the most popular search engines and social media platforms today. If you would like to pursue your passion and earn money at the same time, starting a YouTube business would be a great idea.
A Youtuber posts videos on different topics on YouTube. Choose carefully the kind of videos you would like to post. Examples of profitable YouTube video niches are product reviews, How-to videos, life hacks, local and world news, food, and cooking, etc.
Photo: wix.com
You don’t require a huge budget to start a YouTube business. All you require is a YouTube channel, great ideas, and a good video camera. If you have a smartphone with a great video camera, you could start shooting your first video immediately.
Once your channel is up and running, start sharing your videos through other networking channels such as Facebook and Instagram. These networking channels will help you to reach a global audience whenever you have new content.
When your viewers and subscribers increase, monetize your channel. To generate cash on YouTube, enroll in the Partner Program. This program enables you to earn ad revenue for your videos.
YouTube will start serving ads to your videos when you have 4,000 watch hours and over 1,000 subscribers. You’ll earn a commission every time someone watches the posted ads.
There are many other ways of earning revenue from YouTube. They include sponsorships, fan funding, Patreon, buy me a coffee, etc.
You can generate serious income on YouTube. If you give it your all, you could build a business that is fulfilling and rewarding.
Another best small business idea is Videography. Advancements in technology such as internet expansion and the improvement of video cameras have greatly transformed the videography industry.
If you love recording live events and producing videos, this venture would be good for you. Typically, you will work both indoors and outdoors depending on the event you are shooting.
To begin with, you require a business plan, a good video camera, a laptop or computer, and your videography skills. You should also have accounts on Facebook, Twitter, and Instagram so that you can promote your work to your social networks.
It is also important to choose a niche. Some of the niches include birthday parties, weddings, short documentaries, sports events, etc.
Tell the audience on your social networking sites that you are a videographer. Post the best videos you have taken in the past and write a well-structured storyline on each video to explain what it is about.
You could also spread the word to family and friends and also use flyers, and brochures. You could also look for work from job boards that offer videography contracts. Such job boards include Upwork, Indeed, Simplyhired, etc.
As your videography enterprise grows, you could hire sound and light technicians to work with you on bigger projects. Also, develop a website where you can upload samples of your work.
Today, videos are used by businesses and individuals globally. There is therefore an insatiable demand for videographers. This is not only one of the most profitable business ideas; it is also an interesting and fulfilling venture.
If you are a talented photographer, you could start a small photography company. This is an industry with a promising future due to the growth of photo-sharing on networking sites such as Facebook, Instagram, Twitter, etc.
Before you get started, identify the kind of photos you will be taking. The most popular niche is events photography. This is where you take photos at events such as weddings, birthday parties, baby showers, bridal showers, etc.
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Once you decide on the niche, find out the kind of equipment you require. The basic equipment includes a good digital camera, a computer, and some photo editing software.
As a photographer, it is crucial that you have a presence on social networking sites. Ensure that you have accounts on Pinterest, Instagram, Tiktok, and Facebook so that you can market your company through them.
You could start advertising yourself by posting any great photos you took in the past to your social media platforms. You could also use brochures and flyers to advertise your work in the neighborhood.
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You could also make cash by taking stock photos. These are photos you shoot and sell to third parties. For example, you could take great shots of animals, sunset, or the ocean and sell them as stock photos online.
People will buy or download them and you will get paid. There is a huge virtual market for stock photos. You could sell them on sites like Shutterstock, DepositPhotos, Fotolia, IStockPhoto, Corbis, etc.
There are also sites that buy photos for Instagram. Such sites include Instaprints, Candidly Images, Snapwi.re, and 500px.
As your portfolio and company grow, you could look for work from larger companies. You can also develop a website where you can showcase your work to the whole world.
You can build your business slowly but surely. If you want to remain relevant, keep yourself updated on the latest photography technology. This kind of enterprise is here to stay and it has promising returns.
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As mentioned earlier, technology has greatly changed the way things are done. For instance, today, people do not have to learn in physical classrooms. People from all parts of the world can come together and learn virtually.
If you are an expert in any subject or language, you could start a small business teaching virtually. In this business model, you need teaching skills, a computer, and good earphones/headphones.
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Finding clients is quite easy. You could start teaching by getting students through tutoring websites. The companies where you can find work include Lingoda, VIPKid, Preply, SayABC, Cambly, etc. They pay over $10 per hour. These companies include:
Once you have gained experience working for others, you can go solo. This means looking for your own students. This is a good move as you get to earn more from your business.
If you decide to get your own students, you have to look for a platform to host your classes. There are several free platforms that you can use such as Skype, and Google Meet.
Market your classes aggressively. You could advertise through your internet networks, flyers, brochures, and word-of-mouth.
You could also look for students through websites that connect teachers and students. Join as many as possible so that you can get many students. The websites you can join are Skooli, Club Z, tutorhunt.com, TutorEye, Lean-to Be, etc.
If you are proficient in a certain field, someone out there needs you. This is the ideal time to begin your small virtual school. You will definitely reap huge benefits.
Do you enjoy organizing parties and events for friends and family? Are the events and parties you organize always successful? Well, maybe it is time for you to start a small business as an events planner.
To succeed, you should be enthusiastic, energetic, persuasive, and ambitious. As an events planner, you will coordinate all the aspects of a function from start to finish. You will thus select the function’s location, time, décor, program, food, transport, and other details.
In the beginning, you can accept work for all kinds of small events. These may include birthday parties, bridal showers, graduation parties, and baby showers. When you do several of these, you can look for bigger projects.
Ensure that you take photos and videos of the small events you plan. Post these videos and photos on your social networking sites (with the permission of the clients). The posts will attract comments, likes, and shares and people will become aware of your company.
There are also a number of job boards that can help you find events planning clients in your area. Sign up with as many as possible so that you will have a good workflow. These job boards include EventCareers, Snagajob, Happily.com, Meeting Jobs, PCMA.org, etc.
When your small company picks up, you could create a website for more exposure and more clients. You can advance to planning bigger events such as weddings, conventions, and conferences.
Events planning is among the most profitable business ideas. It is also fulfilling especially when you pull off a successful event after all the hustle-and-bustle.
If you are good at multitasking and have good administrative, organizational, and communication skills, you could start a small business as a virtual assistant. Virtual assistants are in demand because more and more businesses are outsourcing administrative tasks.
As a virtual assistant, you provide support to your clients by performing administrative tasks. These tasks may include scheduling appointments, making database entries, travel arrangements, and telephone calls. You may also be called upon to do email marketing, manage company emails, do some research, etc.
You should have a phone, computer, headphones, and internet. You should be tech savvy; having knowledge of most of the computer programs. Excellent typing skills and a quiet working space are also a requirement.
You can get your first clients from the numerous online companies looking for independent virtual assistants. You can work for several clients simultaneously. These companies can pay from $10 per hour. Some of the companies you could sign up with are VaVa Virtual Assistants, BELAY, Tawk.to, Boldly, Randstad, etc.
When the demand for your services increases, hire and train other people to assist you. You can rake in a good income if you are highly organized and detailed.
If you love pets, this is a great small business idea for you. Pet sitting is basically taking care of someone’s pet/s for a given period of time. You can pet sit in the customer’s home, at your home, or at a designated place.
You need very little investment to start this business. All you require is a smartphone, internet, and a computer. You should also have some experience in dealing with pets.
You could start your business by looking after any pet. These pets may include dogs, cats, rabbits, reptiles, and birds. Your work could include dog walking, feeding, and providing companionship to the pets.
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You can charge the client per day, per visit, or per week. You can also charge additional fees for multiple pets. The amount you can charge depends on your location. For example, a pet sitter in the US can make on average $15 to $25 per hour.
Marketing your business is very important. Distribute pamphlets, business cards, and flyers in your area. You could also use your social networks.
Better still, there are websites that have clients who are looking for pet sitters. Sign up on as many websites as you can. Some of these websites are Dogtopia, Task Rabbit, Care.com, Wag, and Rover.com.
If you do a good job, you will get repeat customers and new ones. To enrich and grow your small company, you could, take pet sitting courses, venture into dog walking, create a website, and employ people to help you.
There are numerous pet sitting opportunities out there as the number of pet owners continues to grow. Pet sitting can be an enjoyable and successful business for those who love pets.
Today, big and small companies use social media to communicate with the world and to market their brands. Such companies have accounts in the leading platforms such as Facebook, Twitter, Linked In, YouTube, Pinterest, and Instagram among others.
If you love spending time on social networks and you understand how different social networking platforms operate, the best business to start is social media management. Companies across the globe require your help to navigate social media.
This is an online business that has low startup costs.
Some of your work may include:
With this business model, you only require social networking skills, a computer, and the internet. You could start by working on the social media platform that you are most conversant with.
According to ZipRecruiter, as of July 2021, a freelance social media manager in the US earned on average $24.44 per hour. This figure may vary depending on your experience.
You could start looking for clients on platforms such as LinkedIn, Fiverr, Toptal, and 99designs. You could also apply to various companies through email.
If you want your business to grow, you should manage various social media platforms for different clients. You should also update yourself on changes in the procedures and policies of each platform.
Starting a social media management business would be a great opportunity to get paid doing what you love. The future of such a business is bright as more and more companies embrace social networking.
Starting a data entry business is a great small business idea. This is one of the easiest businesses to start. All you require is a computer, headphones/earphones, and internet. Your typing skills should be good and you should be very accurate.
Data entry (keylogging) has been around since the invention of computers. The work involves updating or entering data from a paper, pdf, scanned document, or audio files into the computer. The data to be entered into the computer system includes symbolic, numeric, and alphabetic data.
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There is plenty of data entry work online since many companies prefer to outsource clerical work. You could start the business alone and hire other data entry clerks to work with you when your business grows.
You could look for your first client on job boards. There are numerous clients who look for independent data entry contractors from job boards. Join as many job boards as you can. Some of these job boards are Upwork, Flexjobs, and Indeed. You could also advertise through LinkedIn and Fiverr.
Once you have signed up on job boards, start bidding for jobs. Most clients pay per hour or per piece of work. The pay may differ depending on the client but it could start from $10 per hour.
This industry is really robust. This means that data entry small business owners get clients easily. If you work diligently, your company will grow tremendously within a short time.
Once upon a time, babysitting was regarded as a hobby for teenagers. However, today many adults have taken it upon a full-time or part-time basis. Babysitting is one of those businesses that is recession-resistant and non-seasonal.
If you love taking care of children, becoming a babysitter would be a good idea. Your work may entail preparing food and feeding the children, playing with them, and watching them. You offer the service at a client’s home, in hotels, or other venues.
The startup costs for this business are low. You only need a phone and some babysitting experience. If you have taken care of your own child/children or children of family or friends, then you have some experience.
You get to decide how much your will charge for your work. Babysitters are usually paid per hour. The hourly charges are approximately $10 to $25.
Use brochures and flyers to advertise your new business in your area and its environs. Tell your family and friends about it and also reach out to your friends and followers on various networking sites.
You could also list your services on babysitting sites in your area. These sites match parents with babysitters. Some of these sites are Care.com and Sittercity.
If you want to advance and grow your company, you could consider doing the following:
If clients are happy with your services, your client base will grow. Some clients may require your services regularly and they could also refer other people to you. When the work becomes overwhelming, hire other babysitters to work with you.
The demand for reliable and trustworthy people to monitor and interact with kids is growing every day. If you offer excellent services, your small company will thrive.
Advancement in technology has made videos very popular worldwide. Videos are entertaining and easier to digest than textual information. Individuals and companies use videos to promote their businesses or store them for future reference.
Video editing means rearranging and manipulating videos to improve their quality before being released to the public. It involves deleting unnecessary parts, creating a flow, sound mixing, color correction, titling, etc.
Today, video editing is a big industry. Companies and individuals record raw video footage but some of them don’t have the time or skills to edit them. If you have video editing skills or experience, video editing is one of the small businesses you could venture into.
Apart from video editing skills, you will also require a good video camera, computer, headphones, and a mic. You also need to set aside a quiet place in your home where you can work from.
There is video editing software that can make your work easier. Some examples of popular software are Adobe After Effects CC, Shotcut, Adobe Premiere Pro CC, Apple iMovie, Corel VideoStudio Ultimate, etc.
You could start by editing videos for your friends and family. Market your work through your social networks, flyers, and pamphlets. You can also get clients from job platforms like Behance, ProductionHUB, Stage 32, and Mandy.
Data from BLS shows that a newbie video editor can make approximately $54,470 in a year. The hourly rate for a newbie could be between $25 and $45.
You could start with small jobs and move to bigger jobs as your business grows. You could also hire other people to work with you so that you can maximize your earnings.
Video editing is one of the great business ideas as it enables you to display your creativity daily. The earning potential increases as your experience grows.
The number of travelers seeking accommodation is growing by the day. Nowadays, many travelers prefer an alternative, convenient, and affordable accommodation as opposed to staying in traditional hotels.
If you enjoy hosting and have extra rooms in your home, you could make money by starting a homestay company. Homestay is a concept where you host guests in your home for a given period of time. You are then paid for your services.
Photo: hotellinksolutions.com
Starting a homestay company is quite easy. Your house should be clean and neat. It should also have the necessary amenities. You also need a phone, a computer, and the internet.
There are numerous ways of getting clients for your small homestay company. You could use your social networks to tell your friends and followers about it. Post nice pictures of your home and the daily charges.
Alternatively, you could use companies that provide clients to homestay businesses. Some of these companies are Airbnb, VRBO, Booking.com, HomeAway, FlipKey, etc.
You can list your home in several of the above-mentioned companies. Describe your home accurately and post nice pictures to these sites.
You can charge each guest per night, per month, or per week. You could also provide meals and laundry services at an additional fee.
The amount you can make annually might vary depending on where you live. For instance, according to a report by alltherooms.com, the average homestay in the USA earned approximately $24,886 in 2020.
A small homestay company can be lucrative and enjoyable to operate. You get to make money and make new friends. This industry will continue to grow because people have to travel and they need accommodation.
Do you have a naturally attractive, smooth, powerful, and enthusiastic voice? If your answer is yes, then starting a voiceover company would be one of the greatest business ideas. People who do voiceovers are known as voice actors. Businesses use the services of voice actors every day for advertisements, presentations, commentaries, narrations, animations, etc.
This is one of the easiest businesses to start. In this venture, your voice is your business and you should treat it as such. Get a quiet place in your home to use as a studio. You should also have a computer, internet, editing and recording software, microphone, and headphones.
Your work will depend on your client’s needs. Some clients may even want you to use different accents, languages, and intonations to deliver their work.
As mentioned earlier, voiceover artists are in great demand. You could work as an independent contractor for clients in places like VoicesUK, Upwork, VoicesUS, and Voices.com. You could also get high-paying clients by marketing yourself through LinkedIn and Fiverr.
The amount you can earn from this venture may vary depending on the client. Some clients on Upwork are ready to pay between $30 and $60 per hour. You can also charge per entire project, hours of recording, or words read.
When your customer base increases, you can expand by building a team to help you. You could also create a website to give your company a professional look.
Voiceover is a rewarding and exciting venture. If you work consistently, you could make six figures per month.
Did you know that you can make cash from developing mobile applications (apps)? You see, 90% of the time people spend on their mobile phones is spent on one app or another. If you are tech-savvy, one of the best business ideas would be to develop mobile apps for android or Apple (iOS). You could also update your skills using numerous online courses.
You should think carefully about the kind of app you want to develop. It should be something that is attractive to your target group. Some of the popular ones are gaming, music, educational, and entertainment apps.
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You can develop a free app that can generate high traffic. You could then sign up with Ad networks such as iAds and AdMob. Such Ad networks pay you a commission when your app is downloaded by numerous people.
You could also develop a subscription app. In this scenario, the users are charged a one-time subscription to download the app. It is advisable to charge a low price for the app to attract more traffic.
There are online platforms that can help you develop your app. They help you to build the app from scratch with their simple apps development tools. They make sure that the app meets the necessary market standards.
Once your app is complete, you can launch it on App Stores such as Google Play Store, Amazon App Store, Apple Store, etc. Once you launch your app in these stores, it will be available to people all over the world.
The opportunities in the apps market are numerous as the industry continues to grow steadily. If you develop killer apps, you can generate unbelievable amounts of cash for the rest of your life.
Are you an artistic or creative person? If you have the skills of making beautiful and unique handmade items, you could start a small business selling your handicrafts online.
You can sell all kinds of arts and crafts. Some examples of handmade items you could sell are Paper flower bouquets, Art prints, Jewelry, Stuffed toys, Wreaths, candles, etc.
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The start-up costs may vary depending on what you decide to make. Start with handicrafts that you are really good at making. Make a few items to test the waters. You can increase your production later based on the demand.
There are many marketplaces where you can start selling your crafts immediately. The popular ones are Etsy, Amazon, eBay, Zazzle, Shopify, Artfire, etc.
You could increase your sales by marketing through your social media accounts. Instagram, Pinterest, and Facebook are great platforms for promoting handicrafts.
In the future, you can create a website for your company. A website makes your company global and drives more sales.
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Selling your handicrafts is one of the best business ideas because you turn your hobby into an income-generating stream. It is also a fulfilling experience as you get to share your skills with the world.
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The internet has created endless opportunities for people to start all kinds of businesses. If you have bookkeeping skills and some bookkeeping experience, you could start a business offering bookkeeping services.
Many companies continue to cut costs by outsourcing some of their services. Bookkeeping is one of the services that companies outsource. The law requires every company to keep financial records. The services of independent bookkeeping contractors are therefore in great demand.
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You require a business plan, a computer, internet, and some bookkeeping skills. You should also be conversant with bookkeeping software such as Sage, Quickbooks, Xero, FreshBooks, or Sole Trader.
Launch your services by telling family and friends about your new venture. Also, share widely with the internet community via Facebook, Fiverr, Linked In, etc.
There are also numerous platforms where you can look for your first client. Sign up on platforms such as ZipRecruiter, Peopleperhour, AIPB, Freelancer, and Flexjobs. Once you get a client on these platforms, you work remotely from any part of the world. The clients pay per hour or per job.
Offering virtual bookkeeping services can give you a steady flow of clients. Some clients might even contract you for a given period. This means that your small company can make a good and reliable income.
Webinars are online seminars that allow people to participate from any part of the world. Companies use webinars to train their employees and to interact with their customers. Individuals also use webinars to talk about things that they have expertise in.
A small webinar company is one of the best business ideas for a good public speaker. The speaker picks a topic that he is conversant with and presents it to his audience. He is then paid for his services.
To venture into webinars, you need a smartphone, computer, and headphones. You also need a list of highly engaging, humorous, and captivating topics for your webinars.
You should have a reliable platform to host your webinars. You could start by using free webinar platforms such as Livestorm, AirMeet, Zoho Meeting, Adobe Connect, etc.
You can start by charging each participant a minimal fee. There are webinars that charge even $5 per participant. Charging a low figure ensures that you get some participants.
Promote your webinar way in advance. Keep reminding people and encourage them to book a slot. Use social networks, WhatsApp groups, and email to spread the word.
The popularity of webinars has grown in recent years and they are here to stay. You could eventually grow into a profitable business that generates mind-boggling amounts of cash.
Human beings love to celebrate small and big life events. The icing of the cake in such functions is usually eating and drinking. This means that small-scale and large-scale caterers are in great demand.
If you have great cooking skills and love cooking for people, you could start a small, home-based catering company. This means that you prepare the food in your kitchen and deliver it to your clients.
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Since this is a food business, find out the food handling regulations in your area. In some countries, you may require a hygiene certificate.
If you have been cooking and hosting in the past, you could be having some of the equipment you may require. There is also an option of hiring some of the equipment you may not have. Although you don’t require a food truck at the beginning, you need a vehicle to ferry your stuff.
You could start by catering for small events of 10 to 20 people. Advertise through flyers and pamphlets. You could also post pictures of some of your signature dishes to your social networks.
If you do a great job, your catering services should pick up quickly. If you want to experience further growth, you could:
A home-based catering company is one of the greatest business ideas because you will be helping your clients to celebrate important events in their lives. It is also a good business where you get to attend parties, meet new people, and make cash while you are at it.
People around the world borrow cash from lenders, individuals, and banks on a daily basis. They borrow to purchase assets, go on vacation, advance their education, etc.
Many borrowers fail to repay the debt within the stipulated time. When this happens, the lenders use debtor collects to recover the cash on their behalf.
If you are empathetic, a good communicator, and a good negotiator, you could consider venturing into a debt collection service. Businesses and individuals worldwide are looking for debt collectors to help them recover debts.
You require a business plan, a smartphone, a computer, and the internet. Your work will be to recover debts on behalf of your clients.
You can be paid a percentage of the recovered amount or a fixed fee. You could even be paid using both payment methods; it all depends on your agreement with the client. The percentage you could earn could range from 20% to 50%.
You could get your first clients from job boards such as Upwork and Flexijobs. Such jobs always have clients looking for virtual debt collectors. You could also advertise your services on places like Fiverr and LinkedIn.
In the future, you could also write to automobile dealerships, credit card companies, banks, or mortgage companies. The idea is to get as many clients as possible so that you can earn good returns.
A debt collection company is a viable small business idea. Statistically, this enterprise remains stable regardless of how hard or good the economic times are. You can make it if you work hard and diligently.
Many pet owners love to keep their pets well-groomed. However, some of them don’t have the energy, time, or necessary skills to groom them. They, therefore, reach out to pet groomers to do the work for them.
Pet grooming is ensuring that a pet is smart and clean. It may involve:
If you like pets and have a certificate in pet grooming or some work experience in this area, mobile pet grooming would be one of the great business ideas for you. It involves visiting your clients’ homes to groom their pets.
You will require a phone, computer, internet, and a vehicle. You also need dog grooming supplies, tools, and equipment.
Market your new venture to your friends, family, and neighbors through word-of-mouth. You could also advertise through flyers, pamphlets, Craigslist, and social networks.
You can also list your company on free websites such as Findagroomer and MerchantCircle. In the future, you could create a website where you can market yourself more professionally.
You could charge per hour or per pet. Statistics from ZipRecruiter show that the average salary of an independent dog groomer is $28 per hour. It could rise to approximately $32 per hour after you have gained some experience.
It is possible to turn your love for pets into a rewarding venture. If you offer quality service, you can retain your clients and get new ones and your enterprise will expand.
Affiliate marketing is a kind of business where you promote the products of others. You earn a commission whenever someone purchases a product through your link. You don’t require your own products or a warehouse to become an affiliate marketer. You work remotely from wherever you are.
To get started, you require a smartphone or a laptop. You should also have accounts on Facebook, Twitter, Instagram, and other platforms.
Identify the kind of brands you would like to promote. You can make an informed decision by looking at the kind of audience you have in your networking platforms.
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The next step is to look for affiliate programs you can join. Search the internet for the best affiliate platforms for the niches you have chosen. Some top-performing affiliate marketing programs are websites like ShareASale, AffiliateNetwork, RevenueWire, Amazon Associates, Shopify, etc.
After joining an affiliate program, browse their site to identify what you would like to promote. The affiliate program will give you an affiliate link for every product or service. Write good reviews of the products or services you would like to promote. Post these reviews plus the affiliate links to your social networks.
If your audience purchases anything through your links, you are paid a commission by the affiliate program. You could earn from 5% to 50% per sale. Some programs pay a flat rate for each sale rather than a percentage.
Affiliate marketing can be a great business if you promote the right products. With time, you can join several affiliate programs so that you can expand your company.
Do you know that you can sell websites just like you can sell houses or cars? If you are a good website developer/website designer, you could make loads of cash-selling websites.
There are two possible approaches to this business. Firstly, you could decide to develop your own websites and sell them when they become operational. Alternatively, you could buy already existing websites, build them to your desired standards then sell them at a profit. You could even decide to do both of the above.
There is always a demand for new and old websites. Some people don’t have the time to look for domain names, create a website, and start operating it. They make their lives easier by buying an existing one.
There are many website brokers where you can sell your websites. Some of the popular ones are Flippa, BuySellWebsite, WebsiteBroker, Site Indeed, WebsiteAcquire, etc.
These brokers evaluate the website and estimate the price. They market it and handle the legal process. After the sale, they take a commission of around 15% and give you the rest of the money.
You could start selling websites on a full-time basis or as a side business. The amount you can make depends on whether your website is a new or an established website. It could range from a few hundred dollars to thousands of dollars. The best thing about this venture is that you can make a lump sum amount of cash regularly.
Technical writing is creating easy-to-read materials from complicated information. This form of communication is complex and, therefore, requires a deep knowledge of the subject matter. The final document should be easy to understand, informative, and of great help to the readers.
If you are a good writer and have extensive knowledge of subjects like engineering, technology, agriculture, medicine, or biotechnology, you could start a technical writing company. The demand for technical writers is huge as different companies need them to write:
Your technical writing company could look for work from companies and individuals. You need a computer and internet. You also need to identify the niche you would like to specialize in.
You can find your first clients from technical writing job boards such as WritersWrite, TechWritingJobs, FreelanceWritingGigs, etc. After gaining some experience, you could look for higher-paying clients such as large organizations.
Technical writing pays more than normal article writing. You can be paid per hour, per project, or per word. According to a 2021 report by clearvoice.com, technical writers can earn the following:
As you can see from the above figures, a small technical writing company can be quite lucrative. As the company grows, you could hire and train other people so that you can take on bigger projects.
Foreign Exchange (forex) trading is basically buying currencies at a low price in the hope of selling them at a higher price. The heavily traded currencies are the Dollar, Euro, Japanese Yen, British Pound, etc.
The forex market is very robust as countries, businesses, and people all over the world participate in trading. Some traders make loads of cash daily from forex trading.
If you are a disciplined, patient, analytical and rational person, you could venture into forex trading. You should have a computer and fast internet.
Start by doing some research to understand the forex market and how to trade successfully. Open a forex trading account on a trusted forex trading platform such as IG, FOREX.com, XTB, CMC Markets, etc. They charge you a small commission for trading on their platforms.
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It is advisable to start trading using a demo account as it helps you practice trading and hone your trading skills. You can practice for as long as you want. When you are ready, open a live account and start trading.
You can start trading with as little as $10. However, such small amounts limit your returns. Invest small amounts at the beginning and increase the amounts when you have learned the ropes.
The forex market is unpredictable, so you should expect to make some profits and some losses. Your company can flourish if you invest and trade wisely. Try to minimize risks and build your profits slowly, but consistently.
According to Counselling-directory, over the last two years, demand for counseling services has increased by 22%. This is because mental health issues have increased over that period. More and more people are looking for therapists to help them cope with mental health issues.
A counseling agency is one of the small businesses you could start if you have some training in counseling or psychology. You offer your services virtually to people all over the world.
You need a phone, a computer with a webcam, headphones, and the internet. You could have one-on-one sessions with your clients via Skype or video calls. You could also use phone calls, letters, emails, and live chats.
You can offer a wide range of counseling services based on your skills and experience. Some of the popular ones include grief and anger management, drug and substance abuse, and marriage counseling among others.
You could advertise your work on social media, Fiverr, Linked In, etc. You could also get your first client through job boards such as Upwork, Flexijobs, and ZipRecruiter.
You can charge per hour or per session. A report by ZipRecruiter shows that by July 2021, online counselors were paid on average $24 per hour.
An online counseling agency would enable you to reach people in all parts of the world. You would also make a good income while helping people to live better and happier lives.
Nowadays, many people prefer to listen to music digitally instead of buying compact discs (CDs). This has been made possible by smartphones and other technology that enables people to live stream or download music to their gadgets.
If you are a talented musician, you could cash in on your talent by producing and selling your music online. You could record the music on your own or use a music producer. When the music is ready, you can release it and sell it globally.
There are numerous ways of generating income through online music. Firstly, you could use online music stores like Apple Music, Zojakworldwide, Bandcamp, etc. These retailers take a commission of approximately 15% whenever they sell your music.
You could also distribute your music through digital streaming platforms such as Google Play, Amazon, Spotify, and iTunes. You get paid whenever someone streams your music. For example, Spotify can pay you a royalty fee of $0.003 to $0.0084 each time a person streams your music.
You can also create a website to upload and sell your music. In the long run, you can make more cash from selling your music on your online store than from other sales channels. In addition, you get to interact with your fans on the website and grow your fan base.
Producing and selling your music is no longer a complicated affair. If you produce good music regularly, your fan base will gradually grow. If you use all the available sales channels, you can make cash from your music for the rest of your life.
In 2009, cryptocurrency was introduced to the world. Cryptocurrency is a digital currency that is traded electronically. This means that there’s no tangible cryptocurrency bill or coin. This is why it is considered an alternative currency.
The first cryptocurrency was Bitcoin (BTC). There are other cryptocurrencies now but Bitcoin is the most popular and highly valued one. Like any other currency, you can make payments with Bitcoin, exchange it, and store it.
Photo: cointribune.com
Bitcoin trading is a unique small business idea. You see, Bitcoin has similar characteristics to gold. It is durable, easily divisible, and its supply is limited. It is therefore possible for you to make a kill as a Bitcoin trader.
Start by understanding cryptocurrency trends, how to trade, and the market. You can get all this information from the many resources available online.
When you are ready, create an account on any of the leading Bitcoin trading platforms. Some of the popular platforms are Coinbase, Binance, Trade Station, Robinhood, etc.
After setting up an account, buy your first Bitcoin and start trading. You can invest from $2 upwards; it all depends on the trading platform you have selected. However, it’s good to invest more than $2 so that you can earn higher returns.
When you become an expert in trading Bitcoin, you could expand your company by investing in other cryptocurrencies. Some other popular cryptocurrencies are Ripple, Litecoin (LTC), and Ethereum (ETH).
Cryptocurrency trading can be both volatile and profitable. If your venture succeeds, you could rake in loads of cash within a short period.
An auction is a sales activity where vendors of goods or services sold to the highest bidder. A physical auction is held physically while the virtual auction is held over the internet.
You do not need any special qualifications to start virtual auctioneering. You require a business plan, phone, computer, internet, and the goods or services that you want to auction.
Some of the fast-moving products are collectibles, antiques, event tickets, electronics, and toys. Create a list of products that you would be interested in selling and find out where to source them. The idea is to source items cheaply and makes a kill at the auction.
There are virtual auction marketplaces where you could auction your goods. Some of these websites are eBay, Charity Auctions Today, Webstore, iOffer, Live Auctioneers, etc. They can charge you a commission of 2% to 5% of the final sale price.
When you open an account on these sites, they help you to set up a virtual online store. Take high-quality photos of your products and post them to your virtual auction store. Write a vivid description of each product so that buyers can understand what you are selling.
Generally, the starting bid for an auction item should be between 30% – 50% of its fair market value. When setting the lowest bid, bear in mind shipping costs and the commission for the auction website.
A virtual auction is fast-paced and it can therefore keep you on your toes. If your source smartly and market smartly, you can reap huge financial rewards from your venture.
A proofreader is someone who examines a written document for grammatical, typographical, formatting, punctuation, and spelling errors. He corrects the errors so that the document is flawless and polished.
Photo: moneymint.com
Individuals and businesses require proofreaders of documents. Proofreaders of English, French, Spanish and other languages are always in demand. A proofreader is usually the last person to go through a project before it is published.
If you want to start a small proofreading company, you must have excellent spelling and grammar skills. You should also have a computer/laptop, headphones, and an internet connection.
Before you start, decide on the language you would like to proofread in. If you are multilingual, you could do proofreading work in all the languages you are excellent in.
You can get proofreading jobs through job boards such as Indeed, Flexijobs, LinkedIn, and Upwork. Bid for as many jobs as possible to increase your chances of landing your first clients.
The jobs available on these platforms are many. They include proofreading of student essays, newsletters, novels, EBooks, blog posts, emails, etc.
There is software you can use to help you in checking grammar while proofreading. Such software includes Grammarly, Zenpen, Hemingway, and Scribbr. However, you should still go through the work even after using the software.
According to ZipRecruiter, as of July 2021, on average, a proofreader in the USA earned $22.04 per hour. You can therefore earn good returns from a small proofreading company if you work hard and diligently.
Telemarketing is marketing services or products over the phone. Many companies and individuals all over the globe rely on telemarketers to create awareness about their products or services.
If you have a pleasant voice, good communication skills, and some customer service skills, you could start a telemarketing company. You require a business plan, a phone, a computer, internet, headphones, and a quiet room in your house.
You could operate on a full-time basis or as a side business. Your work as a telemarketer may vary based on the client but mainly includes:
Most telemarketers learn on the job. At the beginning of your venture, try not to be choosy. Work with any client that comes your way so that you can gain experience and exposure. You can work with both individuals and companies.
Finding your first clients should not be difficult. Signup on job boards like Liveops, Upwork, and Indeed. After you have gained some experience, you can look for higher-paying clients through LinkedIn and Fiverr.
You can make good money from telemarketing depending on the clients who contract you. According to ZipRecruiter, in 2021, an independent telemarketer in the US made an average of $936 weekly. The hourly pay ranged from $20 to $75.
When your client base increases, you can hire and train a virtual team to assist you. You could also develop a website so that clients from all over the world can find your company.
Transcription is converting recorded speech into text. In the 21st century, global markets require transcribers in order to communicate with multilingual audiences.
This is a low-cost venture. To get your business going, you need a computer, headphones, and foot pedal. You also must have a good grasp of the language you are transcribing, great listening skills, research skills, and good typing speed.
The transcription languages in high demand include German, Russian, English, Spanish, and French. Transcription jobs are also available in many other languages. Transcription software such as Express Scribe, Audacity, Inqscribe, and oTranscribe can help to make your transcription work easier.
When you are ready to start, you can look for transcription gigs from numerous transcription companies. Most of them pay per audio minute or per audio hour. Examples of such companies are Scribie, Gotranscript, Rev, TranscribeMe, Speechpad, and SpeakWrite.
You could grow your small business by specializing in a certain transcription niche. People who specialize in niches like legal, and medical transcription earn more than other transcribers. In addition, you could bid for higher-paying jobs from job boards such as Upwork, Peopleperhour, and Freelancer.
When your business grows, you could subcontract other transcribers to help you. If you work hard, you can make good money from this business.
If you are a good baker and you enjoy baking, a home-based bakery is one of the small businesses you could start. People love eating sweet things and therefore the market for baked products will continue to grow. You get to do what you enjoy and also make some good money.
If you have been baking for your family and guests, you probably have the basic equipment you may require. They include an oven and baking tins. You also require packaging materials for your products. You don’t need a food truck at the beginning; you could use a smaller vehicle.
Photo: ideabuddy.com
You can start baking things that you are already good at. As you progress, you will learn what customers like and what is profitable then you can increase your production.
You could market your baked products by telling your neighbors, family, and friends. Once you have gained some confidence, you can post photos of your products on networking sites such as Instagram and Facebook. You could also approach the local restaurant, café, or coffee shop.
You can grow your enterprise by hiring people to work with you. You could also start a food blog where you can promote your products.
A home-based baking venture is one of the greatest small business ideas for anyone who loves baking. If you stand out from the crowd, you might outgrow your kitchen within a short time.
The global, used car industry is huge. In the US, this industry generates over $115 billion per year. Used car dealers can make plenty of money regardless of where they live.
If you know something about repairing cars, you could start a car flipping company. The idea is to buy a car at a cheap price, refurbish it and sell it at a higher price. This is an enterprise you can run from your yard at home.
To succeed, you should know where to buy used cars cheaply. You can buy undervalued cars at virtual auctions, eBay Motors, newspaper classifieds, etc.
The cars that are easy to flip are efficient, low-mileage cars. These cars are also easy to sell. Think of your target market before you buy the car.
The amount you should spend on buying a used car depends on your budget. You could start with as little as $500 for your first flip. You should also bear in mind the cost of flipping it.
There are many ways of marketing your newly flipped car. You could start by putting an advert on your car window. You could also advertise the car on a community board, Craigslist, or social media.
The amount you can make from flipping a used car depends on the initial costs and the costs of refurbishment. For instance, if you buy a used car at $1,500, you could make between $500 and $800 after flipping it.
If you are ready to get your hands dirty, car flipping is one of the most fulfilling and enjoyable business ideas. It could also be a source of active income.
Errands are short trips that people make to deliver, collect, or buy things on behalf of other people. Today, many businesses and individuals hire people to run errands on their behalf. This is how errands businesses came about.
As an errands business, you will help individuals and businesses to solve a specific problem. Some of the common errands include dropping something off to someone, picking movie tickets, grocery shopping, etc. You, therefore, need a computer, internet, cell phone, a day planner, and a fuel-efficient vehicle.
You could start your business by running all types of errands. The fastest way of getting your first client is by registering on some of the on-demand delivery platforms (apps) out there.
These platforms pay per hour and you can also earn tips. You could earn approximately $20 to $35 per hour excluding the tips. You can earn some good money if you register on different platforms and work full-time.
The on-demand delivery platforms you can register with are DoorDash, Uber Eats, Deliveroo, Glovo, TaskRabbit, etc. Find out the ones that operate in your country and register with them.
The errands industry is booming all over the world and your small errands company could too. When you start generating some good income, you could buy another car and hire a driver. You will soon be on your way to financial freedom.
Do you have some painting skills and some experience? If you do, then you could start a small painting business. This is one of the best business ideas because painters are highly sought after to paint homes, offices, schools, churches, etc.
Your work as a painter may vary depending on your client’s needs. It may include recommending color schemes to clients, prepping the space to be painted, and painting.
Photo: painter-guide.com
To start this venture, you require a phone, a computer, and a vehicle. You should also have high-quality rollers and brushes, ladders, tape, drop cloths, and paint. In most cases, the client provides the paint.
Painters usually charge per square foot but there are also clients who prefer to pay per hour. In the US, painters charge between $2 and $6 for every square foot. The hourly charges are between $20 and $50.
You need to market your new painting business. You could start by asking friends, neighbors, or relatives whether they have small painting jobs. You could also advertise through social media, Craigslist, flyers, and brochures.
As you continue growing your business, you could do the following to optimize your earnings:
• Learn decorative skills that are highly paying such as murals and stenciling
• Hire and train other painters to increase your output
• Create a website to display your work
You could earn a substantial income from a painting enterprise. So long as you are a creative, artistic, meticulous, and detail-oriented person, you can succeed immensely.
People all over the globe like to look good and are therefore willing to spend money on their hair. Some are too busy or too lazy to visit hair salons. They prefer to use mobile hairdressers.
If you have good hairdressing skills, one of the best business ideas is to venture into mobile hairdressing. It entails visiting clients at home, hotels, or offices to make their hair.
When starting out, you will need a phone, computer, vehicle, aprons, hairdressing equipment, and supplies. You should also look for competitive suppliers of hairdressing products.
Some clients may hire you regularly while others may hire you for special occasions. It is advisable to accept appointments that suit your clients. This may include lunchtime, weekends, or evenings.
According to ZipRecruiter, in the US, a mobile hairdresser can earn an average of $55,302 annually. The average hourly pay is $26.59. This should give you an idea of what to charge your clients.
It is important to market yourself extensively so that you can get as many clients as possible. Make use of Craigslist, social platforms, flyers, etc.
There is a huge growth potential as you can have repeat customers and new ones. When the time is ripe, you could look for bigger projects and hire people to assist you. You could also create a website where clients can book you directly.
Mobile hairdressing businesses are here to stay as people across all demographics require them. You can succeed if you are passionate and if you keep yourself updated about new tools, products, and trends in the industry.
The beauty industry is always evolving and ever-growing. This means that makeup artists will always be in great demand. If you like making yourself and others beautiful, becoming a mobile makeup artist would be one of the best business ideas.
Nowadays, you can find numerous resources online that can help you hone and update your makeup skills. These resources include makeup tutorials, videos, and blog posts. You also get to know in real-time the latest trends and products in the makeup industry.
As a mobile makeup artist, your work would be to use cosmetics and special skills to enhance the appearance of your clients. You will attend to clients in their offices or homes.
You, therefore, need a vehicle, high-quality makeup products, makeup kits, a smartphone, and a computer.
You should have accounts on the major social networking platforms. Post photos of your work on Instagram, Pinterest, and Facebook. This is a great way of marketing yourself.
You could start by doing any small jobs that come your way. Always do your best so that you can get good reviews. Good reviews are a great way of growing your client base.
You could charge clients per hour or per job. The amount you can make may vary depending on your skills, location, and the number of clients. On average, an independent makeup artist in the US can make between $24 and $31.73 per hour.
It may take a bit of time before you become an established makeup artist. However, your small enterprise could grow exponentially if you are determined and focused.
People in all parts of the world love swimming. For example, the US swimming pool industry is worth approximately $15 billion and it continues to grow. The swimming pools need to be maintained and cleaned regularly and thus the high demand for pool cleaning service providers.
Starting a small, pool cleaning company could be one of the greatest business ideas for someone who has knowledge and experience in cleaning and maintaining swimming pools. When you start this venture, you will clean and maintain pools in homes and commercial properties such as hotels and schools.
Photo: bluewaterchemical.com
You could start by cleaning small pools. You require a phone and a vehicle. You also require pool cleaning equipment and chemicals. You could also get pool service software to make your work easier.
When it comes to looking for clients, you should market yourself far and wide. Use Facebook, flyers, brochures, etc. You could also pitch to larger companies using emails.
According to statistics from Home Advisor, you can make between $50 and $60 per hour cleaning pools. The amount may vary depending on where you live. This can amount to a lot of cash per pool as you are bound to take several hours.
Once your company is well established, you can expand it by looking for organizations with bigger swimming pools as they pay more. You would have to hire additional help since some pools are too big to clean on your own. In addition, you could create a website to market yourself.
If you love working outside and working with your hands, a small pool cleaning company could be a profitable business. It could also be a fulfilling venture with a regular income.
There is a huge difference between car washing and car detailing. You see, washing a car is just one part of car detailing. Car detailing involves working thoroughly on the exterior and interior of a car. At the end of the detailing, the car looks new.
You should know how to shine tires, wax, polish, deep clean cars, etc. You should therefore be familiar with the various detailing equipment and products. Your work is to visit clients at designated places to detail their cars. You need a car, a phone, detailing equipment and products.
It is important to advertise your work to all and sundry. Start with people in your neighborhood, friends, and family, etc. You could look for clients online or dish out flyers to car owners.
Car detailers can charge between $35 and $100 per vehicle. All this will depend on the kind of detailing the client requires. Recent data from Simply Hired shows that an independent car detailer can on average make $67,852 annually.
Mobile car detailers are in demand because of the convenience they create for the customers. If you work smart, you will grow into a successful business before you know it.
These days, people of all ages are crazy about keeping fit. If you are passionate and enthusiastic about fitness, you could venture into a virtual fitness training business. This is a business that you operate virtually from your home.
Starting virtual fitness training classes could be one of the best business ideas. This is because nowadays, many people prefer virtual fitness classes rather than going to a physical gym. In addition, you can get clients from all over the world.
You should decide on what kind of fitness training you want to offer. You should then structure your fitness training. For example, you could use pre-recorded videos or live-stream fitness classes. You could even combine the two methods.
You could use a free room in your home or use your front/back yard. You should have a computer with a webcam and fast internet. You could start with basic equipment such as dumbbells and kettlebells.
Look for clients through social networking. You could for instance post workout videos or stream your live fitness sessions on YouTube or Instagram. You could also create a website where you get to interact with clients and potential clients.
You can generate income in different ways. For example, you could ask your clients to pay a small subscription fee annually or monthly to access your live-streamed fitness sessions. You could also earn from your YouTube fitness videos through Google AdSense.
It is quite satisfying to help people reach their fitness goals. Your virtual fitness training venture might not succeed overnight. However, if you are patient and determined, your client base will grow gradually and your enterprise will become profitable.
If you love traveling and meeting new people, becoming a tour operator could be one of the best business ideas for you. The tourism industry cannot function without tour operators. You see, tourists depend on tour operators to make their vacations memorable.
As a tour operator, you help visitors to experience the marvelous parts of your city or country. You should know your country very well so that you can answer your clients’ questions. You should therefore have good communication skills. It would be an added advantage if you are multilingual.
Since you will be taking visitors on tours, it’s good to find out the regulations from your tourism authority. You also need a computer, a website, and a strong presence in the social networking sites. You may also need a tour van to take your visitors around.
You could start by organizing small tours for a few friends or family members. Be as professional as possible during such tours and encourage them to ask questions.
Finding your first client should not be an uphill task thanks to the many virtual travel agents. You can list your agency on GetYourGuide, Opodo, Trivago, Classic Vacations, etc. When your clients pay, these platforms take a commission and pay you the rest of the cash.
According to statistics from Job Monkey, a tour guide can earn between $20 and $25 per hour. If you do a great job, clients could also give you good tips.
You have to put in some work to set up your tour operation company. However, your enterprise can become successful if you work hard and if you are passionate about your work.
If you have some bicycle repair and maintenance skills and experience, starting a mobile bicycle repair company would be a good idea. Bicycles are popular as people use them for traveling, keeping fit, and for fun. In fact, in some countries, annual bicycle sales exceed car sales.
You will be required to visit your clients’ homes to fix their bicycles. You should therefore have a vehicle, a phone, and the necessary bicycle repair equipment and tools. You should also have some capital to buy basic spare parts.
Photo: nytimes.com
Your work will include figuring out bicycle problems, calculating costs of repairs, buying spare parts, and fixing bicycles. You should therefore find out where you can buy bicycle spares parts cheaply.
Your first target market should be bicycle owners in your neighborhood, your friends, and your family members. You can look for additional clients through social networks, Craigslist, etc. Just advertise your work as widely as possible.
The amount you could earn depends on the type of service the client requires. According to ‘Wheels in Motion’, you could earn approximately $35 hourly. You could also earn some extra money from spare parts.
You could expand by creating a website where customers can contact you directly. You could also employ and train bicycle technicians to work with you.
Some people do not like going to bicycle repair shops because it’s time consuming and tiring. If you can do a great job repairing bicycles at people’s homes, your venture can become profitable within a short time.
Once in a while, people have to get rid of junk in their homes or offices. Many of them hire junk removal companies to haul away the junk. As a result, this industry has experienced notable growth in recent years. You could start a junk removal company to tap into the opportunities that this industry has to offer.
Your junk removal company could be contracted by households, businesses, and construction sites. The junk could consist of garbage, old appliances, old clothes, papers, etc.
You need a truck, a phone, and a computer to start this kind of company. If you don’t have a truck, you could hire one on a need-basis. You could also hire temporary staff when the need arises.
You should also find out where you can dispose of the junk. You may be required to pay a fee at an incinerator or landfill. Some of the junk can also be recycled free of charge.
Market your junk removal company aggressively. Use social networking and fliers to reach your friends. You could design brochures and flyers to distribute to construction sites and companies.
The amount you can make may vary depending on the kind of junk you are removing. According to homeadvisor.com, removing a truck of construction debris can cost between $100 and $800. Removing tires can cost between $5 and $15 per tire.
The best part is that you can still make loads of cash from the junk you haul away. Some junk can be a treasure to you and you can sell it in places like eBay and Craigslist.
You can increase your trucks and employ permanent staff when your enterprise grows. In this kind of venture, you provide an essential service and get a tidy profit.
The demand for non-medical senior home-care providers continues to rise as the world population continues to age. Many seniors need help in carrying out their daily living activities. This kind of home-care will continue to thrive regardless of how tough economic times are.
If you like taking care of the elderly and spending time with them, then you could start a business of this kind. Your work would include helping your clients to run errands, housekeeping, meal preparation, giving medication, etc.
The start-up costs are quite low. You need a computer, internet, cell phone, and a vehicle. You don’t require formal training to start this venture. So long as you can use common sense and you are organized, honest, and compassionate, you are good to go.
Marketing your work is essential. Use brochures, flyers, and cards. Advertise also using LinkedIn, Craigslist, and Facebook Market place. The people who look for these services are usually adult children on behalf of their parents. They are likely to look for a service provider through these platforms.
The amount you can charge for your work depends on where you live. In the US, non-medical senior care service providers are paid on average $27 per hour. You could therefore earn some good money if you put in many hours a day.
As the demand for your services grows, you could train and employ other caregivers to work for you. You could also develop a website so that your business can be more visible.
The earning potential of this venture is huge. The future is therefore bright for those who would like to venture into this kind of small company.
There is nothing as welcoming as having a clean carpet or rug in a home or business premises. This is why carpet cleaners are in great demand by businesses and homeowners.
If you would like to become a small entrepreneur, a carpet cleaning enterprise would be a great place to start. You will be required to clean your clients’ carpets at their premises. There are many online courses that you could use to hone your carpet cleaning skills.
You need minimal capital to start this venture. You require a phone, a computer, basic carpet cleaning equipment and tools, and a vehicle. You also require detergents, solvents, and a small water tank.
You could start by cleaning your own carpets and rugs before looking for clients. Tell your family, friends, and neighbors about your new venture. You could also use flyers and brochures to reach out to business owners. The more you advertise, the more clients you will get.
Most carpet cleaning businesses charge per square foot. You can make as much as 95% profit since the cleaning supplies cost approximately 5%. Some carpet cleaners earn between $70 and $150 per hour. Of course, all this may depend on where you live and the competition out there.
This is the kind of enterprise that can start generating profits immediately. If you develop a website, use the latest equipment, and employ additional staff, your small company could become very lucrative.
Nowadays, it looks like people are obsessed with yoga. The reason for this obsession is because yoga is believed to be a solution for many health issues. According to NIH, yoga improves the quality of life by relieving numerous health problems. It also improves the body’s balance, flexibility, and muscle strength.
If you are a yoga enthusiast, this would be an opportune time to start a business a virtual yoga, personal trainer. More and more people are turning to virtual yoga classes because they are more convenient than physical classes.
Photo: thegentleplace.com
You require a computer, fast internet, a smartphone, a yoga mat, and your yoga skills to start the classes. You also need to develop an online yoga studio. This is a membership website that hosts your classes. You will live to stream your yoga classes, upload all ideas, tutorials, and yoga flows to this website.
Before setting up your online yoga studio (website), think about the yoga styles you want to teach and how they will benefit your members. Also, decide on the membership fees you will charge.
As the business owner, you get to set your prices. You could charge your clients a monthly or a yearly subscription fee. On average, online yoga businesses charge each subscriber approximately $15 dollars per month and about $150 per year.
You should market your brand by posting videos to your social platforms with links to your website. You could even give people a free trial period in the hope that they will subscribe after the trial.
Starting an online yoga class is a great opportunity to improve your quality of life and the quality of life of others. In addition, your small company can make you money even as you sleep.
Offices and homes always have electronic gadgets that require repair, service, or regular maintenance. This has led to the high demand for electronics repairers. If you have skills and experience in fixing electronics gadgets, you could venture into the lucrative electronics repair business.
The electronics you may be called upon to fix may include cell phones, gaming devices, computers, etc. You can operate this business from the comfort of your home. It will involve going to your client’s premises to fix gadgets. If an item cannot be fixed immediately, you can carry it home and return it when you are through.
You should have a phone, computer, internet, and a vehicle. You also require the necessary equipment, software, and tools. Set aside some space in your home where you can work from.
Promote and market your business in your neighborhood through fliers and brochures. Reach out to small companies through business cards. You could also look for customers through craigslist.
The amount you can charge for your labor depends on the type of gadget you are repairing and how complex the job is. You could charge per hour or per completed job. The hourly rates could start as low as $10 to as high as $100.
You could grow your company by creating a professional website. You could also employ people to help you so that your revenue can increase. You could also diversify into refurbishing and selling electronics.
As you can see, this business can grow substantially within a short period of time. If you work diligently, you could be making six-figure profits before you know it.
Many people are too busy to organize their offices or homes. That’s why you find that some offices and homes are buried in clutter. Some people become overwhelmed by the clutter, give up, and allow it to accumulate. This is where a professional organizer comes in handy.
If you are neat, organized, and possess problem-solving skills, this is a golden opportunity to start a professional organizer business. Your work will be to organize people’s homes and offices. In addition, you will set up systems to help the clients to be orderly and clutter-free. You could also help them with the removal of any unwanted items.
The start-up costs of this business are low. You require a phone, computer, and internet. Start with small, simple jobs so that you can gain confidence and experience. You could for instance start by organizing the home or office of a friend or family member.
Take ‘before’ and ‘after’ photos and videos of any jobs you do and post them to your social sites. You could also advertise your work on Craigslist or put an advert on your car’s window.
You can charge your clients per hour, per day, or offer them a full package. Some experienced organizers charge approximately $80 – $150 per hour. Those who offer packages could charge approximately $350 for organizing a garage and $250 for organizing a closet.
If you have good customer relations and offer quality service, you will get good testimonies from your happy clients. Your professional organizer company can grow rapidly since the market is not saturated.
For many people, doing laundry is part of their household chores. However, some people are too busy to do laundry while others find it a tedious and boring job. Such people make use of the available small laundry companies in their areas.
If you have a good washing machine and a dryer, a wash-dry-fold laundry business would be a worthwhile investment. This is a pick-and-drop business where you pick clothes from a client’s home, wash, dry, and fold them and drop them back to the client.
Photo: soji.us
This kind of business would do well if you live in or near a heavily populated area with apartment buildings. An area with colleges, universities, and busy professionals would also be ideal.
You need a phone, computer, vehicle, washing machine, and a clothes dryer. You also require drying racks, nylon bags, iron, ironing board, detergents, and stain removers.
Many wash-dry-fold laundry businesses charge per bag or per pound of laundry. For example, some charge around $35 per bag of laundry. Others charge $2 per pound of laundry. You can earn more by doing additional tasks such as ironing and quick turnaround.
You can only grow a huge customer base by doing intense marketing. Give out flyers at local universities, colleges, and homes. You could also advertise online through social networks. If you do a good job, you will get repeat customers and referrals.
The demand for pick and drop laundry service providers is increasing because people are willing to pay for convenience and quality work. This is the kind of small business that could grow beyond what you ever imagined.
The demand for sewing service providers is high as many people lack sewing skills and others are too busy to fix their own clothes. If you have some sewing skills and are looking for a small business, you could venture into home-based sewing.
You could start your sewing business at home with very little investment. The work you could do would depend on your sewing skills and experience. For instance, you could repair and mend torn clothes and fix buttons and zips. You could also make alterations to garments or make custom-tailored clothes.
This enterprise would do especially well in an area that is highly populated. You could start with a simple sewing machine and a sewing kit. You also require a phone and some workspace. Having a vehicle would be good as it would enable you to pick and drop items.
Tell your friends, neighbors, and family members about your business so that you can get your first customers. Use flyers to reach out to local dry cleaners, laundries, and clothing stores. You could also promote your company through the internet.
The amount you can charge depends on the complexity of the task and the cost of materials required to do the task. It would be good to find out how much other similar service providers in your area charge.
If you do a great job, you will have repeat customers as well as new customers. Your small company will thus generate a stable income and continue expanding.
It looks like pests are found in every other building. If pests are not exterminated, they can become a health menace. The most effective way of getting rid of pests is using a professional pest control company.
If you have pest control experience and knowledge, you could start a small pest control business. You could also update yourself using the numerous pest control online courses.
Your small company will get rid of pests in apartment buildings, businesses, and homes. Before starting your business, find out your country’s laws regarding this business.
To start this business you require a business plan, a phone, computer, internet, and a vehicle. You should also have the necessary pest control equipment and chemicals and a safe and secure place to store your stuff.
You have to decide which type of pest control services you want to offer. Think about the pests that are widespread in your area and its environs. You could also decide to exterminate all kinds of pests.
You should then come up with the pricing. You could start by doing one-time jobs. You could later introduce annual, quarterly, or monthly packages so that your cash flow is stable.
One of the best ways of advertising your work is by using brochures and flyers. You could also advertise through Craigslist.
With time, your company will grow and you may have to hire and train other people to help you serve your numerous clients. You could also create a website so that clients can easily find and contact you.
A pest control business is one of the greatest small businesses because it can become profitable within a short time. According to Entrepreneur.com, a well-managed, small pest control business could make over $75,000 in a year.
This list of business ideas would not be complete without mentioning virtual dance classes. If you have skills or experience as a dance instructor, this would be a great time to start offering virtual dance classes.
Your business would offer virtual dance classes from home. Choose the dance style that you are best at. Some of the styles you could teach are hip-hop, jazz, ballet, tap, etc.
Since your classes will be held online, you require a free room that you can convert into a dance studio. You should also have a computer with a webcam, headphones, mic, and fast internet. You also need a website where you can live stream the dance classes and also upload dance videos.
Photo: sun-sentinel.com
When your website is up and running, start posting content. You can for instance post your dance videos and dance articles. You could also post videos to Facebook and Instagram with links to your site. Advertise your dance classes widely and urge people to enroll.
Initially, you could give free lessons to build your audience. You could then introduce a monthly or annual subscription for use of your website.
Some newbie virtual dance instructors charge their subscribers between $10 and $15 per month. You could also make money by posting your videos to YouTube and through adverts on your website.
This is one of those small businesses that can have several income streams. If you work tirelessly, you can gradually create a lucrative business.
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In a nutshell, those are the 75 best small business ideas. These small businesses have little capital outlay, they are easy to start, and they have room for growth. Most importantly, at the beginning, you can run the business on your own.
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If you want your business to succeed, you should manage it as such. This means that you should have a business name, registration, insurance, a bank account, and the necessary permits.
You should also keep proper financial records so that you can tell how the business is performing. If you run your business well, you will eventually acquire the financial freedom you are yearning for.
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