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Top New Small Business Ideas
Contrary to popular belief, there are actually many ways to start a business that allow you to focus less on logistics and upfront costs and more on getting your ideas off the ground. Let’s get you over the first big mental hurdle “I want to start a business but don’t have an idea.”
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These 26 small business ideas make a great entry point for startups, bootstrappers, or anyone with a busy schedule, allowing you to sidestep your business without throwing everything else away.
To help you find inspiration to get started, we’ve compiled a list of 100+ in-demand business ideas, divided into categories like fitness, clothing and gaming.
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Whatever your business type, you’ll need a good domain name (use our free domain name generator) that matches a logo that represents a great brand.
Buy, store, pick, pack, ship stock. When you run a business, managing inventory is a big task.
Dropshipping is an easy, low-cost business idea to start and is the first of our good business ideas. Dropshipping is a fulfillment model where a third-party supplier sells and ships to customers on your behalf. It is one of the best businesses to start because it is low capital, manual and scalable.
You don’t need to get the products yourself – you just need to make sales and pass orders to your supplier. In fact, it is one of the fastest and cheapest businesses to start.
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You can include products from one or more suppliers in your online store under a theme that focuses on a specific niche, such as accessories for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your supplier, who fulfills it on your behalf. However, you are still responsible for your marketing and customer service.
There are both local and external suppliers that you can work with, as long as you can build a relationship with them based on trust – an unreliable supplier will reflect poorly on your brand.
Dropshipping is a great way to test product-market fit and launch a business before investing in your original products. Just make sure that you always order a sample for yourself to make sure that your supplier is reliable and the quality of the products is suitable for selling to your customers.
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Another dropshipping model outsources print-on-demand, inventory, shipping and fulfillment to a third-party supplier. But unlike the download business idea above, here the focus is on customizing products with your own designs to create something original.
T-shirts, hats, phone cases, hoodies, skirts, tote bags, and more become a springboard for your creativity. You can think of clever slogans for promoters or referrals to cat owners – if there’s excitement and pride in a community, there’s a potential t-shirt business you can start.
Even if you’re not a designer, you can find someone to work with using freelance sites like Fiverr, Upwork, Dribbble, or 99Designs.
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With many print-on-demand services, you pay per product, so the basic unit price will be more expensive than if you ordered in bulk. But the advantage is that if a t-shirt design doesn’t sell, you haven’t actually paid for the item yet (just the design, if you outsourced it).
You can even use shirt mockup templates, so you don’t have to spend extra money on a full image for each new design.
There are a variety of print-on-demand platforms you can work with, many of which can be integrated with your store for seamless order fulfillment. However, be sure to always order a sample of your product (often offered at a discount) to make sure your custom products look good.
When you think about it, a book is just another type of product. In this way, you can create one that serves a specific demand in the market.
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Cookbooks, picture books, comic books, poetry books, picture books, coffee table books, and novels – if you have the knowledge or the creativity, there are a variety of original books you can bring to market. The options are endless – that’s why it’s one of the best small business ideas to start.
Print-on-demand is a safe way to test the waters and start self-publishing. He also checks the quality and appearance of his book.
Lulu xPress andBlurb are popular platforms to create, order and distribute your books as physical and digital products. You can also sell it on third-party marketplaces like Amazon or Powell’s.
While you can order a book one time, costs naturally decrease when you buy in bulk. Consider pre-selling your book idea or crowdfunding to make sure there is demand and guarantee a certain number of sales so you can be sure to make a bulk order.
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If you have or are looking to start one, starting your own blog can be a great way to monetize a blog.
Digital products like music, courses, podcasts, and templates are unique in this list of low-investment small business ideas. Unlike others, they are not flexible. There are no recurring production and shipping costs to worry about, so your margins can stay high, making it one of the best businesses to start. , does
Hard is what makes a good digital product. What is useful enough that people are willing to pay to download it?
Answers range from original instrumental hits to stock images that can be licensed to other creators to information products and templates that help people hone their skill sets in a specific field.
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If you have a talent that can be turned into a digital product, consider packaging it into a new income stream.
Has a free Digital Download app that allows you to offer digital products in your store as easily as physical products.
If you’re artistically inclined or know your way around a camera, you can use a print-on-demand business model to let others physically own a piece of your work. Just make sure you have the rights to the content you want to publish or use public domain assets that you can freely monetize.
If you already have a relevant online following—say you’re a cartoonist or urban photographer—you’re in an especially good position to try this small business idea.
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Depending on the printer you work with, you can turn your work into products such as posters or framed wall art, even greeting cards. There are many inexpensive digital templates and mockup generators like Placeit that you can use to showcase your products without having to print everything and run your own photo shoots.
In our free 40-minute video workshop, we’ll take you from product idea to setting up an online store to getting your first print-on-demand sale.
Having a mission to run a business and dedicate some profit to a cause gives social entrepreneurs a unique way to position their company in the market while solving the problems they care about most.
While many social enterprises offer their own original products, you can also take one of the low-cost small business ideas above and partner with a non-profit or do that social good yourself, as long as you be clear about how does it work
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As part of your marketing, you can share the impact your customers are making by supporting your business, such as a blog post highlighting your work in the community or a real impact calculator on your website.
TheGive & Grow app makes it easy to partner with charitable organizations and incorporate your mission into your business. You can set it up to donate a specific amount or percentage of sales, or ask your customers to add a donation at checkout.
Offering services is not passive, but it can certainly be a smart way to gain self-employment. With service-based small business ideas, “time” is your greatest asset and investment. You only have a limited number of hours in your day. However, if you have skills that are in demand, it makes it easier to get up and running.
Writers, graphic designers, virtual assistants, SEO practitioners, cleaning service providers, dog walkers, real estate professionals, and more can build a business around their skills. You can offer these skills as an ongoing service or start a consulting business advising on projects.
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It is one of the best business opportunities because it can
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