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31 May 2024

Top 10 Small Business ideas to start this year

How to start a small business

Top 10 Small Business ideas to start this year – Many of us start thinking about goals and changes we want to make this year. If launching your own small business has been on your mind, no better time than the present!

The economy can be unpredictable, but with a bit of passion and hustle, small business ideas on the side are totally doable. We’ve rounded up 10 business ideas to help you get those entrepreneurial juices flowing! Whether you want to start slow or go all-in, here are profitable possibilities for every interest and budget.

Offer Virtual Assistant Services

If you’re super organized and administrative tasks give you a thrill, becoming a VA could be an amazing fit! Help overwhelmed business owners with email, scheduling, data entry, travel arrangements – the opportunities are endless. Low overhead but serious potential. Let those Excel spreadsheets become your canvas! 

Get Crafty with a Handmade Shop

Unleash your inner artisan! With sites like Etsy, selling your brilliant handmade creations has never been easier. Quilts, candles, knit scarves – if you can dream it, you can sell it. Choose a niche and start crafting your way to extra income.

Flip Furniture for Profit

If demo-ing and restoring sounds more thrilling than arts and crafts, furniture flipping could be the small biz for you! Scour garage sales, estate auctions, thrift stores for used gems with potential. Add some elbow grease to refresh and reupholster, then resell those bad boys for major profit!

Become a Consultant

Got insider industry knowledge? Why not get paid to share your expertise! Build a consulting biz offering your specialized advice and insights. Whether tech, marketing, business management, agriculture – put your years of experience to use helping others succeed. Sky’s the limit as an expert for hire!

Teach Your Passion

Make money sharing your excitement for music, language, art, or science! Create an online course or offer local classes and workshops. If you have a skill or hobby that sparks joy, teach it to eager students hungry for knowledge. Build your lesson plans and schedules on your own terms! 

Dropshipping Business

Start an ecommerce store that ships products directly from the manufacturer to customers without you carrying inventory. Choose a supplier, build an online storefront on Shopify or other platform, market products on social media. Low startup costs but requires some technical knowledge.

Food Truck / Trailer

Purchase a vehicle to operate a food business by parking in high traffic areas. Focus on beloved food items like tacos, baked goods, coffee, barbecue. Build loyal customer base. Hard work but enables creative menu freedom. Must comply with permitting and regulations.

House Cleaning Service

Offer residential and commercial cleaning services such as dusting, bathroom/kitchen sanitizing, floor care. Serve repeat home clients on weekly/biweekly basis. Also market to local offices for daily/night jobs. Low startup investment in supplies/equipment needed plus allows flexible schedule.

Social Media Consultant

Provide social media management and consulting for personal brands and companies. Offer services like platform optimization, content creation, advertising campaign management, influencer partnerships. Must have excellent knowledge of marketing and current trends. Freelance or build full service agency. 

Freelance Writer

Leverage strong writing skills to offer freelance copywriting services for blogs, websites, businesses on contract basis. Work from home setting own hours. Reach clients via job boards, social media. Expand niche topics and clientele over time.

Conclusion

We don’t know about you, but we’re feeling fired up. What small biz vision resonates most right now? The Year awaits, our entrepreneurial friends – let’s do this! Wishing you success as you take the leap. Your future side hustle has so much potential. Onward and upward!

Ready to start something awesome with wordboil drop us a message.