10 Awesome Small Business Ideas
Want to ditch your full-time career and start your own company? Interested in being your own boss? Or, maybe you’re just looking to make some extra income while raising your family?
Whatever the reason, there are many great small business ideas that you can get started with today.
Best of all? With the right mindset and proper planning, you won’t have to empty your wallet to fund the project of your dreams.
Let’s get into some awesome options!
1. Website Development Agency
In our increasingly digital world, having a strong online presence is more important than ever before. After all, everyone needs a website, right? But today, just having a website isn’t enough.
Companies need a stand-out, dynamic presence. They need something that’s unique and superior to the competition. Website developers can help create powerful websites that drive traffic and increase revenue.
If you have the skills and talent, it’s one of the best small business ideas for a hardworking entrepreneur to consider.
Start by creating small websites on universal platforms like WordPress. You’ll also want to learn how to customize content to appeal to larger corporations. With the right marketing strategy, your talent will be recognized and picked up in no time!
2. Editorial Services
Looking to pursue one of the most cost-effective small business ideas? If you’re meticulous with grammar, syntax, and all things language, editorial services just might be your jam.
An editorial service business doesn’t really require any monetary start-up investment. You just need a working computer and internet access! Best of all, there is potential for immense growth.
We’re talking opportunities that include everything from:
- journalistic writing
- technical writing
- web content writing
- SEO services
Again, in a world that continues to become more and more interconnected, mastering the written word continues to be a coveted skill.
3. Personal or Virtual Assistant
Are you incredibly organized and efficient at time management? Do your friends make comments about how quickly you can get things done? Do people turn to you for scheduling needs?
You might as well start getting paid for your services!
Even if it doesn’t seem like the most glamorous business, personal and virtual assistants are widely used around the world. They are also in high-demand!
As a personal or virtual assistant, you can manage your own clients, hours, and hourly/daily/monthly pay rate.
You can also determine the types of tasks you’re most comfortable performing.
4. Language/Translation Services
Are you part of the 43% of the world that can speak more than one language? Or, are you part of the 13% of the world population and proudly trilingual?
If so, take those language skills to heart because they can be a lucrative business.
As a society, we are more globally connected than ever before, and translation and language services continue to be in high-demand.
This is especially true in technical and medical fields, where precision is important for quality care.
Consider setting up a translating business or consider teaching your skills abroad (travel, anyone?) If you’re more interested in a local pursuit, consider advertising your skills for high school and college students learning foreign languages.
Already an expert in a particular field of study?
Why not try your hand at consulting? It’s needed in many fields, and it’s a great way to mentor others while connecting with other experts in the field.
Depending on your particular profession, you may need special certifications before you actually begin operating. You’ll also need solid networking skills in order to effectively reach out and market yourself.
6. Children’s Services
Working with youth is one of those small business ideas that never goes out of style. Although it’s a labor of love, it’s always in demand, and it’s a rewarding career path for anyone who chooses to take it.
If you’ve had any previous experience working with kids, you already know that it requires patience, flexibility, and strong intuition. It also requires good communication skills (you’ll be interacting with parents) and strong boundaries (to uphold with those little ones).
With that said, starting a business centred around youth is one that’s dynamic and creative – and you’ll always be learning something on the job!
Small business ideas related to children include everything from:
- Nanny services
- Child’s classes (dancing, sports, arts)
- Academic tutoring
- Private lessons
Working with children may also require special certifications, such as CPR and first-aid. Be sure to check with licensing laws as you draft your business plan.
7. Share Services (Uber, Airbnb, Go Fetch!)
Nowadays, convenience is at our fingertips. We can order and purchase essentially anything with the touch of a downloaded app.
And, indeed, some of the best small business ideas are the ones that you don’t have to design and implement yourself.
Everyone knows the numerous benefits that come from using share services like Airbnb and Uber. Have you thought about renting one of the rooms in your house or chauffeuring people around for a few hours a day?
Turns out, it can be a pretty lucrative gig!
8. Senior Care Services
Have a heart of gold and a love for helping others? Consider a business plan related to senior care services. Working in geriatrics can be challenging, but it can be equally rewarding.
Consider the following senior care service business ideas:
- Senior transportation
- Adult day care
- Senior concierge
- Tech training and support
- Entertainment services
- Care consulting
- In-home services
Care services may also require special licensing and operating requirements so be sure to check before starting your business plan.
9. Financial Adviser/Planner
Are you an expert at managing your money? Do you love crunching numbers and saving your income?
What about helping others do the same? For many, money can be a source of stress and confusion. This is why people turn to financial advisers and planners for guidance and suggestion.
As far as small business ideas go, this one can also be as flexible as you want it to be. You choose your clients, your scheduling, and your rates.
You also choose the type of financial style you want to focus on. Are you looking to work with young professionals who want to save for their first property? Or, are you interested in helping entrepreneurs find investment for their business ideas?
As a financial adviser, regardless of the area you focus on, you’ll be helping people achieve their financial goals and that can be rewarding in and of itself.
10. Personal Trainer
Like exercising? Have a knack for motivating others? Why not consider combining the two and pursuing a small business in personal training?
The exercise and fitness industry continues to be in high-demand. More and more people are recognizing the numerous health benefits that come with staying in shape. With that said, many feel overwhelmed by the process of starting or maintaining their own exercise regimens.
Personal training can be a great business. It can be as flexible as you want it to be. You decide your hours, your clients, your fees, and your workouts.
Don’t want to just work with clients individually? Consider getting certified in a group class, like yoga, Crossfit, or Zumba.
Today, more and more people are joining these “boutique classes” for optimal workouts. If it’s something you’re passionate about, consider combining your love for the class with teaching.
What’s better, after all, then getting paid to work out?
Being your own boss can be as rewarding as it is challenging. However, learning to build your own business is an incredible adventure, and you’ll be sure to learn a lot along the way!
If you’re ready to get started, we’re ready to help! Contact us today, and let’s get your business started!