Small business ideas are easy to find, but many are completely useless. Starting your own business as a boss, you need a business to support you to get wealthy and happy. So, what exactly is the right business for a personal business this year?
This list is full of profitable, scalable business ideas. Whether you want to open a direct sales store or showcase your skills through a web design business, you can find a customer base and start a successful business in 2021.
1. E-commerce business
Let’s start with one of the most versatile business ideas. If you’ve ever wanted to start a retail business, now is the time to do it. An e-commerce store is the perfect choice, and they can be started from home with surprisingly minimal start-up costs.
Of course, you may want to manufacture and store the products you sell and can choose a simple e-commerce model such as reselling, thus eliminating the inventory management aspect of things.
2. Create an online course
If you don’t like the idea of having an online store, there are many more business ideas out there. Instead of selling products, you can sell your skills through online courses. This is a lucrative home business that will start in 2021 as people look for new learning opportunities. You may find clients who are willing to pay for your expertise.
Whether you’re a makeup artist or teaching writing skills, figure out what makes you different. What courses do people need? Develop a business plan to move your idea from a side hustle to a primary business. Think about things like subscription models and creating video content. Starting a business like this is low investment and easy to start with just an Internet connection. Just make sure you have a Niche niche theme and most importantly – some expertise.
3. Affiliate Marketing
Get businesses to pay you to promote their products. If you are a confident person or a marketing expert, this is one of the business ideas that can grow exponentially. With affiliate network marketing, you can promote a product sold by another business or store, and earn a commission from the customer if they end up buying from your referral.
This is a well known side business that brings in money when you focus on other business ideas, but some people are able to start a business that focuses on affiliate marketing services. To become an affiliate marketer, it pays to build a great online presence and grow from there. You can easily start from home. Set up a blog, a website or use your social media accounts to bring in a wide range of customers.
4. Online Coaching
Some of the best business ideas are about inspiring others, not just selling products and services. If you’re that kind of person, this idea is for you. Self-improvement is always good. If you can offer services like fitness, life or career coaching, then now is the time to start looking for clients. Whether you are a personal trainer or a content marketing specialist, you must be an expert at this work.
Most coaching clients are professionals seeking high-impact services. If you want to start a business coaching others, consider carving out your niche by creating a step-by-step program or publishing your own guide. This is a cool low-cost online business idea that you can start from home. People are willing to pay for self-improvement, so build a nice website and write your business plan.
5. Consulting business
One of the best small business ideas for industry professionals is to simply share your expertise. With some effort, you can seriously monetize your knowledge. Large and small businesses looking to expand, adapt or change the way they do things are often in high demand for consultants. What do you specialize in? Whether it’s web development, human resources or retail, make sure you have a beautiful website that showcases your skills and services.
Include written or video testimonials from previous clients, or seek positive recommendations from former colleagues when you’re just getting started with this business idea. Embrace social media platforms, too. With channels like LinkedIn and Instagram, you can build a global network of business contacts.
6. Graphic Design
People need graphic designers for a wide range of tasks, from building custom websites to designing packaging or event posters. If you’re a trained or skilled graphic designer, it’s time to set yourself apart. This is another business venture you can start from home. Like every impressive small business, it starts with a website.
Showcase your graphic design portfolio on a dedicated website that includes photos and a backstory. Stick to what you know and don’t try to attract every business to make money. Promote what makes you unique as a graphic designer and let people find you. To help them, make sure you do a good job of marketing. Get into social media, set up a business email address, and refine your search engine optimization ( SEO ) settings.
7. Online Bookkeeping
If you are an accountant looking for a new challenge, or just a super organized person who is good with numbers, consider this small business idea. Many businesses need bookkeeping support, so if you’re a savvy accountant who wants to make money from home, start it. Advertise your services on your professional website, LinkedIn, etc. and contact the businesses you want to work with.
Online bookkeeping can be a very low-cost but lucrative way to build a small business. Make sure people know you are trustworthy and ready to help.
8. Social Media Marketing
As one of the most popular services on this list of business ideas, social media marketing is vital to almost any modern online business. Today, whether you run a large or small business, using social media to gain engagement, new leads and website traffic is key. If you know how to help people spark their business in the right way on social media platforms, start your service.
Make sure your own social accounts are in good shape. From social media consultants to scheduling help and creative planning, businesses will be looking for a wide range of help. This is one of those business ideas that requires a reliable portfolio of work or a pleasant network of contacts. If you already have one, what are you waiting for?
9. Copywriting
Small business ideas don’t have to be huge. If you’re just keen to make money from home while putting your writing skills to use, look for some copywriting opportunities. For the low-cost route, advertise your services on a self-employed or assignment site so that people or businesses specifically looking for copywriters can find you. Of course, it’s a good idea to have your own website.
You can fill it with examples of your work, positive reviews and contact information. If you don’t have any experience, make and share examples of your writing style and show people how versatile you are. There are many businesses that can use their own writers – you can do anything from affiliate marketing to blog SEO, storytelling or news articles and more.