If you've finally quit your job with nine or five people and dreamed of becoming your boss, you've probably considered the ideas of different small businesses. But with a lot of passion, it can be difficult to find a direction.
To help, I've put together a small business idea for anyone who wants to run their own business. Use these as a starting point to come up with your own ideas.
And if everything else fails, listen to Airbnb co-founder Brian Chesky. "If I tried to come up with a good idea, I wouldn't have come up with a good idea. It's a matter of my life," he said.
Are you ready to take things to the next level? This ultimate guide to entrepreneurship can help you do more than the dream of a good idea. It can help you make it a reality today.
Best Small Business Ideas
1. Handyman
Do you always repair things around your house? Do you often answer the phone when your friends need to complete a small project? Bring your website together, understand what your time and expertise deserve, and start asking those grateful friends for referrals.
2. Woodworker
Similarly, if you are passionate about making beautiful furniture and other household items from wood, there is a demand for it. List some of your work on sites like Etsy, eBay, and Craigslist. Once you have more followers, consider launching a website, accepting custom orders, or expanding to work and refinishing of upholstery.
3. Online dating consultant
Dating consultants usually charge for their time. They help people create successful online dating profiles, procure possible matches from outside the regular online channels, and provide a level of personalization that Tinder can't offer. Do you think there are some tips for the match? This may be a business for you.
4. Sewing and changing specialists
People always need hemmed clothes and repaired buttons — and you may be the one who does it. If you like sewing, start by offering the simple services listed above and expand your repertoire to dressmaking and design while building your customer base and demand.
5. Freelance developer
From building websites for other small businesses to providing technical support for specific projects, there is now a strong demand for high-quality web development. Use these technical skill sets to be able to explain in plain language what you do and how you do it. Test your message with friends and family who don't really understand your job.
6. Personal trainer
Disseminate information by providing home counseling, personalized nutrition, and retirement homes, and community boot camps. Don't forget to enter inspirational quotes, free exercise videos, and delicious snack ideas in your Instagram feed. This is a common way for fitness gurus to build a brand.
7. Freelance graphic designer
Set your own time, choose a project, and build a proud portfolio and business. From website design to blog graphics, many companies are looking for experienced graphic designers for all kinds of projects.
8. Life / Career Coach
If you have some experience under your belt, make good use of it as a life or career coach. Many of us are looking for guidance in our careers — and finding someone who has the time to guide us can be difficult. Life / Career Coaches are not cheap, but they can provide clients with the intensive and hands-on training and advice they need to take seriously in their personal and professional life. After all, sometimes everyone just needs some uplifting advice.
9. History writer
Submitting resumes, cover letters, and portfolios of new jobs as needed can be difficult and time-consuming. That is why many people get help. Assist your clients with customized resumes, beautifully edited cover letters, and carefully crafted portfolios that employers can't ignore.
10. Freelance writer
If you have writing skills, there are people out there who will pay them. Make rich copies of blog posts, magazine articles, and websites. Make sure you have accumulated a set of work to share with potential clients. Even if you create some sample pieces at hand, they will help you to showcase your work and attract new businesses.
11. Translator
Do you speak a foreign language? We will start the translation service. Consider specializing in specific genres of translation, such as medical or financial translations, as they may be able to meet the niche needs of the community.
12. Garden designer
Many are motivated to do dirty work in the backyard, but few have the know-how to design a backyard space in the first place. Create a design for your client's outdoor space and have them actually dig into it.
13. E-commerce store owner
Do you want to create, collect, or curate something special? Consider starting an e-commerce store and turning your hobby into a full-time job. Whether you need a place to sell all the pottery you've ever made, or an excuse to look for sports souvenirs you love to track, an e-commerce store can make it economically viable to pursue your passion. I can.
14. Landscape architect
Mowing, logging, and seasonal decoration are all neighborhood needs. If you have or can get the equipment, the landscaping business can be a lucrative thing.
15. Videographer
Video production requires you to invest in equipment in advance, which can be very expensive. But it also makes your service very valuable. Make sure you have a reel of works to share or create a website that contains some choices of works available to interested viewers.
16. Photographer
Start by taking a photo of your family and friends. Ask for a referral when building a series of tasks. The photo business often grows with word of mouth, so create a Facebook page that allows you to tag modern clients. This page also appears in your friends' news feeds.
17. Travel planner
The days of travel agencies may be gone, but people are still looking for people who have the knack for more non-traditional travel coordination. If you're always planning a perfect vacation with beautiful hotels, ideal locations, and lots of good restaurants every night, consider promoting the service as a more modern approach to travel planning.
18. Car Detail Specialist
The devil is in the details and you can do that too. Car detail services that move to clients are in high demand. Make sure you have the flexibility, transportation, and equipment to keep your business on the go.
19. House inspector
This requires a lot of expertise and certification, but it's a job that gives you flexibility and the payments you've always dreamed of. Review your state's licensing requirements and consider taking several courses to build your knowledge, authority, and expertise.
20. Housecleaner
Due to the low barriers to entry, house cleaning is a great way to get started right away. Consider advertising in your neighborhood home, and get more value for your money by earning some small businesses as well as clients. They usually bring higher salaries for the same amount of work.
21. Personal chef
We all love to eat, but few have the time and energy to make healthy and delicious meals. Promote your service to your local family and businesses as well. Also, consider "chunking" a particular client group (such as a vegetarian). That way, you can cook the same dish in large quantities and feed it to everyone.
22. Property Manager
Many people manage properties that they do not live in. They are often based in different cities and states. It would be helpful to have someone to ensure that the property is properly managed, handle any minor corrections that occur, and act as a liaison to the lessor.
23. Packing Service Facilitator
Moving is always a pain and many people hire the entire packing process. Want to have a stable flow of clients? Partner with a local moving service to introduce new clients.
24. Massage therapist
It soothes painful muscles and promotes client peace as a massage therapist. Find out about your city and state training and certification courses and invest in a portable bed to receive client visits.
25. Hairdressing or makeup artist
Sure, you can go to a cosmetology school and pay for an expensive chair at the salon, or you can offer special styling and makeup services at the client's front door.
26. Bed & Breakfast Owner
This is another business venture that requires you to study the right license from your state, but it's worth seeing your dreams come true. Consider which guests will travel to your area to experience and create special packages and thematic stays to suit the guest's interests in your area.
27. Interior designer
As with landscape design, many people can buy the furniture and upholstery they need to fill a room, but few know where to start. Building a portfolio can take some time, but documenting your project and sharing it online can help you build a fan base that goes beyond your dreams.
28. Non-profit owner
If you dream of devoting your life to a purpose you believe in, it may be time to start a non-profit organization. 501 (c) (3) Tax exemption status business and files must be included. Then you have to meet ongoing compliance standards, but the rewards have a significant impact on what you believe in. in. Want to do good while making a profit? Consider social entrepreneurship.
29. Tour guide
Do you like the local history of your city or state? Consider becoming a tour guide. Sure, you have to do a lot of research to get the job done, but it's half the fun. Make yourself stand out by offering tours that talk about specific niches in the history of the community. Some tour guides offer historic walking tours of the city's most haunted places, while others organize guided foodie tours to discover the true taste of the city.
30. Tutor
Some math gurus, piano gurus, Shakespeare enthusiasts, etc. need a little help and are willing to pay. Promote services, disseminate information, and build a customer base through local schools, community colleges, and community centers.
31. Consultant
If you have extensive experience or knowledge on a particular subject, consider becoming a consultant. Perhaps you are an expert in hiring practices, have SEO tips, or have led multiple sales teams to six-digit success. If you're good at it, sell yourself as a consultant and charge a renewal fee.
32. Clothing store owner
If you're dreaming of building your own fashion empire, why not start with a local boutique? Liven up the buzz with striking window displays, exciting social media accounts, and a great deal of community involvement.
33. Event planner
You can choose to specialize in a particular type of event, such as a wedding or company meeting, or set yourself up as an event planner for all industries. If you are highly organized, pay close attention to details, and have experience planning large-scale events, it may be time for others to benefit from your skills.
34. Owner of a specialty grocery store
Gourmet food, cheese, sake, wine — when you name your food, there is a specialty grocery store. Take advantage of your passion for exotic olive oil and open a store that offers the expertise and assortment you've never dreamed of from a local grocery store.
35. Personal assistant
Again, if you are an organized and very detailed person, the life of a personal assistant may be for you. Do you want to be tied to one office or person every day? Consider becoming a virtual assistant that allows for a more flexible working environment.
36. Food truck owner
I've always dreamed of running a restaurant, but are you ready to take the plunge? Test your concept on a food truck. It's great for getting familiar with food and restaurant licenses in your state, seeing what people like and dislike, and increasing greedy followers before opening or investing in a physical store. It's a good way.
37. Consignment store owner
If you're looking at style but don't want to invest in new boutique inventory, consider consignment. You can curate a collection of clothing that matches your goals and aesthetics, without the overhead of a boutique selling brand new clothing.
38. Catering
If that personal chef's gig is too tight for your schedule, consider catering instead. Choose a project, work on fewer but larger events, and be really good at managing your time.
39. Gym owner
Kickboxing gym, yoga studio, CrossFit, oh my! Open your own gym and turn your passion for fitness into a community of others.
40. Daycare owner
Childcare continues to be in high demand. Nanny and nanny shares are currently popular, but finding a good daycare is difficult. Meet the needs of your neighborhood by opening yourself. Also, as always, make sure you comply with city and state zoning, license, insurance, and inspection requirements.
41. Boutique agency owner
What is your specialty? Whether it's marketing, social media or public relations, it may be time to set up your own agency. Many other SMEs need this kind of support, but they lack the resources and volume to require a full-time position. Consider building a small team and learn from other entrepreneurs who have successfully launched their own agencies, such as Take Some Risk's Duane Brown.
42. Coffee shop owner
Turn your caffeine addiction into something a little more profitable. Opening a franchise or buying an existing shop is a low-risk entry point for coffee games, but usually requires a little cash in advance. Starting your shop from scratch requires a little more planning and work, but it also maximizes your future revenue potential.
43. Moving company
Trucks, moving equipment, personnel, and the right permits and insurance are the building blocks to start your own moving company. However, before you buy your first truck, start with a moving van and keep costs low. Does it still sound like you have too much initial investment? Consider only offering packing services with much lower barriers to entry.
44. Home staging
If you have flares for interior design, staging services may serve as your creative exit and professional call. By staging your home with the owner's existing furniture and decorations, you can build your portfolio with little initial investment. Most stagers will eventually increase their inventory of furniture as it becomes more established and networks with local realtors.
45. Dog walker, groomer, or trainer
Licenses and insurance are two of the most important factors in starting a dog walk, grooming, and training business, but dog colleagues certainly make up for the first red tape. To test your body of water before diving, consider taking a dog walk at a company such as Rover or Wag. Are you ready to run your own show? Consider a franchise like Dogtopia.
Home business ideas
These home business ideas offer several business options that are based either at home or online.
1. Freelancer
In the freelance world, you can work from home and become your boss. Use your skills to win a business in your area of interest.
writing
SEO
Transcription
design
Figure
coding
consulting
2. Social media manager
Do you have any tips for social media? Social media managers can use their skills to manage corporate and personal social media accounts. Influencer marketing has become more common, and many influencers rely on marketing agencies and employees to help them run social channels.
3. Data entry person
Many companies are looking for data entry personnel to help them enter information into computer systems and spreadsheets. If you have great computer and typing skills, this may be a business for you.
4. Virtual assistant
There are many small businesses out there that are too small for full-time managers, but do too much work on their internal teams. Virtual Assistant runs these odds and ends to make it more efficient as your business grows. Virtual assistants can help you post to social media, enter data, create product descriptions, arrange meetings and phone calls, organize files, research, and much more.
5. E-commerce
The rise of e-commerce and how easy it is to connect with online shoppers gives you great opportunities to sell and sell your products on the web. Whether you're creating your own product, working with a wholesaler to get inventory, or choosing a dropshipping route, you can make your business successful with good marketing.
6. Audio or video editor
More individuals are listening to podcasts and watching videos on social media. For this reason, brands are looking to audio and visual content to connect with consumers. The catch is that many people don't have the time or skills to invest in the production of this content. Audio and video editors are required to produce high-quality content for hungry viewers.
7. Voice actor
Speaking of podcasts and videos, many content creators recognize the value and level of professionalism that a good voice actor can bring to a project. There is also a podcast intro/outro, an explanation video narration, and an audiobook gig.
8. Petsitter
Are you passionate about pets? Consider becoming a pet sitter. Host your pet at your home or visit their home while your pet owner is away on vacation. To get started, join a pet sitter service such as Rover or Care.com.
9. Vacation host
Have you ever used a home-sharing service instead of a hotel? You can make a living by welcoming visitors to your own home or renting a room. Consider hosting a company such as Airbnb, Vrbo, or Homestay.
How to start a small business at home
Identify small business ideas.
Start as a side job or hobby.
Determine the software.
Create a business plan.
Decide whether to become an LLC or a sole proprietor.
Create a business bank account.
Determine if your business idea works well from home.
Establish an office.
Start work!
1. Identify small business ideas.
Whether you choose an option from the list above or come up with another idea, it's important to have the experience, training, or skills you need to succeed. Want to run a daycare but have never visited a successful daycare center? Spend time doing research to learn if this really suits your experience and interests.
2. Start as a side job or hobby.
Can you get your business off the ground as a sideline at night or on the weekends? This allows you to make a few mistakes, test the market and see if your ideas have a foothold before you quit your 9-5 job and lose your primary income.
3. Determine the software.
When you first startup, you have a lot of things on your plate. But one important (and often forgotten by first-time entrepreneurs) step is to determine the software that will help you increase efficiency as your business grows.
Each business is different, but almost any company can use software to support analytics, project management, accounting, bookkeeping, email marketing, and other basic day-to-day operations.
One of the most important software tools that every company should use is a free CRM for tracking important customer information in one central database. It helps coordinate your team and ensure that you remain organized as your business grows.
4. Create a business plan.
Once you know that your idea has the potential to succeed, create a business plan. Don't know where to start? Try this business plan template.
Your business plan should include the following elements:
Executive Summary — An overview of the company and market placement.
Business Model — Outline what your business is doing, who it serves, and how your business is organized. You need to include a description of the products and services you offer and how they meet your customers' needs.
Market Conditions — A summary of relevant competitor information. Determine the strengths and weaknesses of your closest competitor.
Products and Services — Use this section to elaborate on products and services and outline the differences between products and other products on the market.
Operations and Management — An overview of your business's organizational structure, key roles, and responsibilities.
Marketing and Sales Strategy — This section should explain how to market and sell your product. Include information about your ideal customers, product positioning plans, and sales strategies.
Financial Planning — Create a detailed overview of your business finances. Include start-up costs, initial financial products, and how to anticipate financing.
Appendix — When the above parts are complete, end the document with an appendix summarizing your business plan.
Your business plan needs to identify why your product is different from your competitors. It also needs to be short and practical. And your business plan should evolve with your business.
5. Decide whether to become an LLC or a sole proprietor.
The two common legal structures of small and medium-sized enterprises are limited liability companies (LLCs) and sole proprietors.
LLCs have a more complex business structure than the sole proprietorship and can include individuals, companies, and other LLCs as members. In addition, LLCs are not subject to individual levels of tax and offer employer liability protection and tax benefits. LLCs are formed on a state-by-state basis.
A sole proprietorship is a business owned and operated by an individual and is not identified by the government as a separate entity from the owner. The sole proprietor has the simplest business structure, but the sole proprietor is personally responsible for the business.
Learn more about choosing the right structure for your business from the Small and Medium Business Administration.
6. Create a business bank account.
Once you have launched a legally established business and your employer identification number (EIN) has been issued, you will open a bank account dedicated to that business. Having a business bank account is essential to separate your personal and business finances and will help you get an accurate picture of your business's cash flow and financial health. In addition, keeping personal and business finances separate makes bookkeeping and tax preparation easier.
Many banks offer checking and savings accounts. Checking accounts typically issue a debit card that can be used for business purchases with no limit on the number of transactions that can be performed. However, no interest is accrued on these checking accounts.
Business Savings Accounts typically earn interest over time, but the number of transactions that can occur each month is limited. If you're just getting started, look for a business bank account that doesn't have a minimum balance requirement. That way, you won't be punished for lack of money when you're working on building a business.
7. Determine if your business idea works well at home.
Ask yourself if your business idea works from home. Some businesses are simply not suitable for being based at home. If you want to run a dog walk center but live in an apartment without a backyard, we recommend that you consider a dog walk business instead.
8. Establish an office.
Even if your business idea is suitable for running from home, it's important to have a designated workspace. A home office may not be possible, but consider securing a corner of your living room or putting a desk in your bedroom for space that inspires you and creates conditions for success.
Need more professional space? When working with clients who need video Hangouts, no one wants to see a crumpled sheet in the background. Check out your local co-working space for membership with access to meeting rooms, desk spaces, and more.
9. Get to work!
You made a lot of effort, and I have the good news ... it will get harder and harder. But most entrepreneurs are your own bosses, and the rewards of making your own time and working on the projects you're passionate about are to benefit the rest of your life. I will agree.
Choosing a small business idea is a personal decision. However, it is useful to bounce ideas from friends and family. Don't be afraid to ask for help throughout this process. Have some fun while you work.
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