Simple Business Ideas For Beginners – With so many business ideas in 2023, it can be difficult to figure out which ones are worth pursuing.
While jumping on a new trend can sometimes be risky—it can also be very rewarding. You may notice that many of the ideas on this list have grown in popularity recently. Others have been popular for a long time, making them more competitive but less risky. However, all the small business ideas below will help you make money.
Simple Business Ideas For Beginners
If you have been wondering what kind of business to start, then this list is for you. According to small business statistics, one of the biggest motivations for opening your own business is being your own boss. Owning a business gives you the freedom to work when, where or how you want.
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Do you want to work at a beach or your grandma’s house? Go ahead, no one will stop or question you. This is the dream life that many people hope to live one day, and thanks to some great business ideas, achieving that lifestyle is well within your reach.
Are you looking to sell products online but don’t have the money to buy and store inventory? Consider dropshipping! Dropshipping is an e-commerce business model in which you don’t have to manage any physical products.
All you have to do is set up an online store and partner with suppliers who are willing to store, pack and ship orders to your customers. No need to spend hours on product research because you can use dropshipping apps like Automizely to find amazing products to sell.
Check out this Shopify dropshipping course to learn more about selling online without inventory. If you are looking for easy online business ideas to pursue, it would be hard to find anything that beats dropshipping. It is one of the simplest businesses to start if you have access to the right tools and resources.
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The biggest reason people are often drawn to dropshipping is that you don’t have to hold inventory. However, if keeping inventory isn’t an issue (maybe there’s enough room in that spare closet), you can consider stocking products in bulk.
Online marketplaces like Handshake enable small business owners to find unique, high-quality products and build long-term relationships with suppliers. It’s worth checking out as a supplement to dropshipping if you already know what you want to sell.
Print on demand (POD) is when you sell your own custom designs on items like phone cases, mugs and t-shirts, but you don’t actually print the artwork. Instead, you work with suppliers who print your design on the product—they even package and ship the item to your customer, so you don’t have to worry about logistics. Also you only pay after you have sold the products. No sales equals no costs.
One of the fastest ways to get started is to create a Shopify store and install a POD app like Printify. In terms of marketing, partnering with Instagram influencers to promote your POD items is an effective way to reach audiences. To assess whether print on demand is the right option for you, watch our video where we get into a healthy debate with Wholesale Ted (a print on demand company).
Highly Profitable Business Ideas
Multilingual people are always in demand, so if you can speak two or more languages, consider starting a small business where you can monetize those skills.
You can look for clients on Upwork and Flexjobs and slowly build your portfolio. As you work successfully with more and more companies, you can hire more translators who specialize in other languages to take things off your plate. It is also a good idea to market your business on social media sites as it can help you reach a wider audience.
Do you only have a few hours to spare each day? Translation is one of the best side business ideas to pursue because it allows you to schedule your clients based on when you are available to work.
Website flipping is among the new business ideas that have excited everyone from stay-at-home parents to recent college graduates. It involves buying an already functioning website, improving its design and content, and then selling it for a profit.
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There are quite a few places where you can buy and sell websites to earn a profit. Shopify’s marketplace, Exchange , for example, allows you to buy e-commerce sites that you can further improve with content marketing, SEO, and other tactics. Once your website starts generating more revenue than when you got it, you can list it for sale on the marketplace.
If you have a knack for cooking and see it as a creative outlet, you can make a decent income by opening a home catering business.
The initial investment depends on how big you want the setup to be. For example, if you start with smaller events that you can manage on your own, you should be able to start your business for less.
Most home-based caterers start by creating a website, experimenting with local food markets or joining platforms that allow cooking experts to squeeze some profits out of their culinary skills.
Green Business Ideas For Aspiring Entrepreneurs
It can be difficult to keep up with a village friend, especially high-energy breeds with limited outdoor access. As a professional dog walker, you will help pet owners in the community keep their dogs happy, healthy and well exercised.
Dog walking requires no initial investment other than marketing and commercial liability insurance. This will protect you in case of accidents, bites or unexpected lawsuits. It’s a good idea to charge prices that reflect your insurance costs, with the average range between $30 to $60 an hour.
You can establish a presence for your dog walking business on a number of platforms, including Wag! , Rover , and Care.com . Offer promotions for new clients and build a positive reputation by asking for reviews from those you’ve worked with in the past.
One of the most successful business ideas is to offer virtual assistant services. Everyone from large corporations to sole traders require help with the day-to-day running of their business. You can use your excellent organizational skills to take some of the weight off their shoulders.
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Of course, you will be paid for the time and effort you put into answering emails, scheduling meetings, and performing other administrative duties.
You can get your first few clients by responding to listings on platforms like FreeUp, PeoplePerHour, or Virtual Assistant Jobs. This is a proven business model, as people are always looking for effective virtual assistants.
Are you often praised for your eye for fashion trends? Are you someone friends and family come to for clothing advice? Personal shopping can be a business that builds on those skills.
Personal shoppers find clothes for customers who don’t have time to shop for themselves. Duties involve assessing your client’s wardrobe, visiting websites and selecting items that will fit them. There are all kinds of products in different online clothing stores, so you don’t necessarily have to shop offline to start this business.
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In addition, you do not need to have a special certificate or diploma to become a personal shopper. If your interests lie in business ideas with low investment, personal shopping could be the ideal route to consider.
Contrary to popular belief, it is entirely possible to make car detailing a full-time business. The average auto detailing profit is anywhere from $50 to $400 per vehicle, which means you could make a healthy profit if you find consistent customers.
The key to success in the auto retail business is marketing. You will need to publicize your services through a website or social media platform, as well as encourage regular reviews. Try offering discounts for new clients or package deals for those who commit to multiple sessions.
All you need to get started is cleaning supplies and a driveway. You may consider getting certified through the IDA or taking a tradesman’s seminar to improve your skills.
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If you are an expert in art, math or another subject, you can start an online tutoring business. An essential prerequisite is to have a bachelor’s degree in the subject you intend to teach.
You can find online tutoring clients on sites like Skooli and Tutor.com. For the best results, always teach topics that are related to your expertise, as you will be able to share your skills and constructive knowledge to improve your students’ own knowledge. You can give lectures and interact with your students through Zoom, making online teaching one of the easiest online businesses you can start.
Greeting cards are always in style, so if you have a good eye for design or just love to display your artwork on physical items, this is one of the best creative business ideas for you.
Before you can start looking for clients, you’ll need to have a handful of designs ready to go. Tools like Photoshop and Canva make it easy to create custom cards. Additionally, you will need to stock up on supplies needed to create greeting cards (ink, paper, etc.).
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Pro tip: If you want to keep costs low, consider buying your supplies in bulk. Once you have the inventory, you can start generating income by marketing your business
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