The world is growing rapidly, people’s minds and buying behaviors are continuously changing, and new markets are widely open worldwide. With that in mind, and after witnessing such catastrophes like a pandemic. Taking place in the world day after day affecting businesses and people’s income. And you are absolutely thinking of how to start your own small business.
Table off Content
- YouTube Channel
- Handmade Goods
- Makeups Artist
- Graphic Design Artist
- Online Teaching/Tutor
- Online Course Creator
- Instagram Marketing
- Local Business Consulting
- Event Planner
- Mobile App Developer
- Web Developer
- Career Coaching
- Virtual Assistant
- Fitness Instructor
- Business Broker
- E-commerce Store Owner
- Affiliate Marketing
- Data Analysis Consulting
- Digital Marketing Campaign Manager
- Social Media Consultant
- Content Writer
- Commission – Only Sale
- Social Media Manager
- Google Paid Ad Specialist
- Travel Consultant
- Portrait Photographer
- Online News Correspondent
- Freelancing Proofreading And Editing
- Freelancing Writing And ND Copywriting
- Yoga Or Meditation Instructor
- Teach DIYs
- Real Estate Sales Consultant
- Making Custom Furniture
- Garden Designer
- Starting A Plant Nursery
- Packing Service Facilitator
- Interior Designer
- Tour Guide
- Life/ Career Coach
There can be many endless business ideas. But who wants to go through the hassle of hiring employees, renting a place, finding an inventory, and so on. The traditional businesses and old-school companies cannot stand the rapid changes nor can they survive the major disasters the world is suffering from.
So, it’s 40 small business ideas 2020/21 then that proved to be efficient, successful, and market fit. But again, these business ideas are only limited by your imagination; from where can you start and what should you do? Even hobbies and skills can turn into the best small business ideas with a little knowledge of online marketing. We simply lack awareness and resourcefulness to exploit all these opportunities. The following is a collection of 41 small business ideas one can undertake.
Who hasn’t heard about PewDiePie, the biggest YouTube star with over 46 million subscribers? His journey to stardom started in his room with a humble webcam. And one simple Let’s Play video, which he does to this day. Beyond live game streaming, there are still vast, unexplored seas filled with opportunities for anyone on YouTube. Just use your phone to capture video of interesting stuff and post on YouTube. Earn money from adverts. Make sure your content is unique and fills a void within the market. Therefore, Youtubing is better among the other 40 best small business ideas at this time.
Blogging is alive and thriving in this generation today. It is still free of cost to get started, but be patient. It will take a while to get exposure and grow from a small audience to a larger audience. These days, the competition is fierce. There are over a billion websites and blogs, and around 200 actives. A good idea of SEO is essential, as is creating excellent content.
Read this Blog: Most Important Tips for new Blogger in 2020
If you are a crafty person, then this might be a start-up for owning your business. And using your craft skills to make some money. For instance, you can also take ideas from Etsy, which is the largest online market for homemade and vintage goods.
Here, you will find amazing crafts such as lamps made from river wood, the mix of leather wallets, unique hand-printed, and hand-knitted t-shirts. Also jewelry, organic soup, and countless other things. Being a top seller can often help expand beyond the platform, creating their own brands and opening stores globally. Also, you can sell your products on more than one site.
This might be one of the few professions that you can start working on in your bedroom. And end up on the movie set just a few years down the road. What’s more, makeup artists can take advantage of platforms such as YouTube. And make their content visible to billions of people from all over the world. Also, they can offer makeup courses by sharing their makeup skills to newcomers and young artists. so it is the best small business idea among 40 Best Small Business Ideas in 2020/21.
Graphic Design Artist
A graphic designer is someone who creates digital or print design work, like website design and print layouts. Many graphic designers work small jobs (like logo design) on gig websites like Upwork. In the initial phase, developing an impressive portfolio can help you earn more. You can find a local startup, small business operator, photographer who could do extra help designing or altering images.
Whether math whiz, piano master, or Shakespeare aficionado — there’s someone out there who needs a little help and is willing to pay for it. You can sell your expertise as video content on YouTube. Also, you can create your own website and charge your students on an hourly basis for Skype lessons. And you can advertise your services through local schools, community colleges, and community centers to get the word out and build a customer base.
Online Course Creator
One of the most popular platforms where people can access massive open online courses (MOOCs), Coursera, has more than 15 million users, who are hungry for knowledge. Such online courses go far beyond the traditional high-school curriculum. If you have this kind of skill that you think people might be interested in, there’s nothing stopping you from giving it a go. All it takes is a web camera, capture software, and basic editing skills to start your own online classes.
You all must be familiar with Instagram today. You can start by building up a following on your Instagram account and you could quickly be approached by major brands, gear companies. Relevant businesses that sell products and share on Instagram feed, creating multiple potential side business ideas will come to you. If you have the right marketing skills and thousands of followers, you can easily charge money per post accordingly.
Local Business Consulting
If you’ve developed valuable skill sets or certifications over the years, consider putting your skills to use by offering your consulting services to local business owners as potentially lucrative small business ideas. Whether you’re an expert marketer, business strategist, or manufacturing expert, there’s likely a local business owner who’s willing to pay you to help them solve an issue with their company. if you can craft an effective cold email that convinces them to hire you. When you’re ready to get serious about becoming a consultant, check out all the best online business courses to keep building your skills and learning how to land your first consulting clients.
In today’s world, the internet has enabled people to connect with like-minded individuals from all around the globe, creating the perfect opportunity for event planners. You might choose to specialize in a specific type of events like weddings or company meetings or set yourself up as an event planner of all trades. Event planners extend their network of service providers to cover not only weddings, but also seminars, corporate events, birthdays, concerts, conferences, holiday parties, and other events, making it a relatively diverse business idea. If you’re highly organized, pay keen attention to minute details, and have the experience, you can help others benefit from your skills.
Mobile App Developer
In the world of the internet, mobile app developers can be a start-up business for young people with great ideas and skills. These days many mobile applications are becoming more popular than ever, and people are willing to pay good money for ways to manage their lives from their smartphones. Some of the examples can be eSewa, Fonepay, and Khaltii app. If you have a great idea and know-how to code (or learn to code) then you can run with it and create an app yourself. There are plenty of software developers looking to collaborate with people on app creation with new ideas.
The millennial generation faces a much tougher job market than any generation before. There’s no doubt that many will feel clueless about which direction they should take to maximize their chances of having a bright future ahead of them. A career coach can do his or her work either from an office or via the internet.
The umbrella term “virtual assistant” refers to anyone who is paid to do the job of another person. Let’s say that somebody runs an online store. That person might need occasional help with getting through customers’ correspondence and questions. A virtual assistant works on an hourly basis and often serves multiple clients at the same time. The obvious limitation of this business is time itself.
Whether it’s because people fail to adhere to a strict fitness regimen or because new fad diets and fitness movements are cropping up on a regular basis, the demand for fitness instructors is always high. Modern fitness instructors should definitely consider exploring the online space and, perhaps, recording a series of educational videos and posting them online. Not only is this a fantastic marketing strategy, but it’s also a viable way to generate additional income.
A business broker is someone who helps assists buyers and sellers of privately owned businesses in the buying and selling process. As such, he or she must have a good knowledge of business law and common practices in a particular industry. Business brokers are rewarded with commissions for the sales they make.
E-commerce Store Owner
Do you create, collect, or curate anything special? Have you ever considered starting an eCommerce store and turning your hobby into a full-time business. An eCommerce store can make it financially feasible for you to pursue your passion. Opening an online e-commerce store is just as viable a way to make a living as it was a decade ago. Yes, the completion is tougher, but you have access to a wide range of free tools that you can use to set everything up with very little effort.
People who promote products of other people and earn commissions on their sales are known to be Affiliate marketers. For example, Amazon is currently the most popular platform for affiliate marketing, but there are many other alternatives as well. Affiliate marketing can often be combined with blogging to create a seamless mix of content and promotion.
Data Analysis Consulting
With the rise of “big data,” increasingly more companies need to make sense of heaps of information to adjust their overall business strategies. A data analyst is someone who has the technical expertise to do this, often has a background in economics, mathematics, or finance. Plenty of companies need to hire talented contractors who are good at data analysis, making this a potentially good business idea. If you have the right credentials and experience. Platforms like Upwork and Digiserved are but two of many websites that are great for freelancers with an analytical prowess, looking for work as a small business idea around their daily routine.
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Digital Marketing Campaign Manager
Marketing has gone digital, and it’s the job of digital marketing campaign managers to produce the best results possible. You can start your career as a digital marketing campaign manager by studying freely available online resources and experimenting on your own. You’ll need to understand things. This means advertising, SEO, landing pages, calls-to-action, and social media marketing (including using Facebook and Facebook Live). Once you know what you are doing, try cold-calling local businesses, asking them whether they would be interested in your services.
Social Media Consultant
This business is ideal for someone who knows how to use social media to obtain business objectives. You can specialize (e.g., in running Facebook ads) or you can be a generalist who can navigate LinkedIn, Snap chat stories, Twitter, and more. Social media tools make this job easier. While some social media consultants can earn big bucks, most can only manage to earn an average wage.
Businesses of all kinds embrace content marketing as their leading way of attracting customers and establishing their position as market leaders. For a content writer, they should always be able to quickly digest complex topics and turn them into engaging posts that are well optimized for search engines. As such, it’s great for people who know a little bit about everything.
Commission – Only Sale
If you have an ability for connecting with people and the willingness to take on some risk, a commission-based freelance sales role could be a great small business idea for you. Many startups search part-time base and commission-only salespeople, especially when they’re just getting started, which means you’ll often be able to make this a home-based business idea.
Read this important Blog: Why New Startup Fails in Nepal (Part- Two)
Social Media Manager
We’re all guilty of spending too much time on Facebook, Twitter, or Instagram sometimes, so why not get paid to put your expertise to work as a small business idea? Lots of Business houses and companies, especially startups or those in retail and travel, even influencers have heavy social media presence and are constantly in need of people to help build their brands online. You can find these types of opportunities on different sites like Flexjobs, Career Builder. Over time as you grow in your ability to extend various social channels, you can add more service offerings like running high-return Facebook Ad campaigns for the brands you want to work with.
Google Paid Ad Specialist
If you know a thing or two about paid internet marketing and are comfortable with Google. This might be a great way to make some income as a small business idea by signing as a freelance contract to manage a company’s Google Ad Campaigns, and gradually start bringing on more clients as your consulting business grows. Just be sure to brush up on all the right business slang that’s pervasive in the online marketing world before you launch unprepared into this side business idea.
Build travel consulting into one of your business ideas by starting with word of mouth recommendations from friends who know they can count on you for the cheapest flights, create a Facebook or LinkedIn group for inviting people who want to stay on top of the latest deals and eventually you could spin this business idea into a full-time consultancy or even start a travel blog teaching people how to make their dream trips a reality. Just be sure to avoid the most common blogging mistakes that can sink your site in the early days like choosing a domain name that’s not right for your content and not doing proper blogger outreach when seeking to build relationships in your space.
If you own a camera, starting a freelance portrait photography business could be a very natural way to turn your skills and passions into a profitable business idea. You can always start by doing free shoots for your friends and family to build up a strong online portfolio, get familiar with your gear, and the editing process, then you’ll be able to get paid for photographing professional headshots and celebratory family moments as your own small business.
Online News Correspondent
You don’t need to have a degree in journalism to be a reporter these days (and pursue this business idea as a work from home job). Plus, there are many news websites that can always use a bit of help on getting local coverage and some of them will compensate contributors based on ad revenue generated per article written, a great incentive to provide compelling content to news organizations as your small business idea.
Freelancing Proofreading And Editing
As long as there are still written words, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage but it also gives you the chance to read about potentially interesting topics too. What’s more, pursuing freelance writing & editing as a business idea can help you afford a simple lifestyle. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on different websites, which makes this a high-demand small business idea.
Freelancing Writing And Copywriting
Every website owner hires copywriters to write content for things like pages, FAQ’s, or blog posts. Hourly wages for newcomer copywriters are not very high, but with some experience and a growing portfolio, you can become a freelance writer today and soon be charging money if you find the right clients and brand yourself as an expert with this business idea.
Yoga Or Meditation Instructor
Yoga is getting more popular than ever, which means yoga instructors are more in demand, making this another of our most physically rewarding business ideas. You can link up with a local yoga studio to teach nightly classes or offer personalized yoga in-home at a higher rate to pursue this kind of emotional and physical balance with other people, during your free time while helping you with earning some money into your bank account as well.
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Nothing beats teaching more neophyte learners about your passion, hobby, or craft as a business idea (that’s a common theme here). Explore dozens of DIY portals (such as DIY.org, DIY Network, and Instructables ) to get business ideas on how to earn a healthy income just by showing others how to do the things you love. You can also sift through the countless ad-supported YouTube channels that teach just about anything from guitar strumming to 3D printing.
It’s funny how much baking can translate into different types of business ideas that make money. Start bringing in some income by kneading flour, mastering the oven, and appeasing everyone’s sweet tooth. While some experts have already turned baking into their sole “bread and butter,” you can pursue this business idea starting today. Depending on your experience, you can start by doing something simple and then gradually turn into a professional baker.
Real Estate Sales Consultant
The real estate market is on the rebound (for today) and people are buying and selling properties in many locations across the country. This might be an opportunity for a lot of professionals who know how to navigate the legal, financial, and commercial aspects of real estate to build up a stable of clients as a business idea. Especially if you begin to scale your sales organization and build a team of reps working to help you close more deals. If you consider yourself an expert in the subject, it won’t be a walk in the park but you can earn significant income as a home-based real estate consultant.
Making Custom Furniture
Turning your favorite craft or hobby into a revenue-generating business idea easily counts among the most fulfilling experiences anyone can have. With a higher number of people demanding a higher degree of personalization in just about anything they own or use, count yourself lucky if your craft happens to be the creation of custom furniture. As of today, the number of style-conscious customers is on the rise, which can help create plenty of room for growth into these kinds of handy business ideas.
Many people have the willingness to do the dirty work in their backyards, but few have the know-how to design a backyard space, to begin with. You can simply help your clients by drawing up the designs for outdoor spaces and let them do the actual digging. The task of a gardener is to trim, water, dig, gather, harrowing, planting, and leaf-blowing, to keep their customers’ homes and yards looking beautiful.
Starting A Plant Nursery
Starting a nursery can be one of the few businesses where you really can start with zero capital investment. Root divisions, seeds, cuttings, can all be found free in great abundance and planted in dirt. You may want to consider this career if you enjoy working with plants and flowers. Figure out which plant inspires you the most and raise them and see if you can sell a few. You’ll know it’s possible to own this business eventually if you are passionate about it.
Packing Service Facilitator
Moving is always a pain that comes with a lot of work, and many people hire the entire packing process out. Want to have a steady stream of clients? You can start by partnering with a local moving service that will refer new clients to you. In this way, you can earn a few clients and extend your business eventually.
Similar to landscape design, there are a lot of people who have the ability to buy the furniture and home decor they need to fill their rooms, but only a few who know where to start. It might take some time to build a portfolio but documenting your projects and sharing them online can build a fanbase beyond your wildest dreams.
Love the local history of your city or state? Consider becoming a tour guide. Sure, you’ll need to conduct tons of research to be able to do the job well, but that’s half the fun. You can set yourself apart by offering tours that speak to a specific place of your community’s history. Some tour guides offer historical walking tours of their town’s most haunted spots while others curate guided foodie tours for guests to get a true taste of the city.
Life/ Career Coach
If you have some experience under your belt, you can put it to good use by becoming a life or career coach. Due to the hustle, and all the mental stress, many people are looking for guidance in their careers, and finding someone who can mentor them can be tough. Life/career coaches don’t come cheap. But they are able to offer clients the intense and hands-on training and advice they need to make serious moves in their personal and professional lives. After all, sometimes everyone just needs some uplifting advice and some motivation that keeps them going.
No matter what type of business (online or offline) you would like to start or how much money you have to invest. And we are sure that, at least, a few ideas from our list will match your criteria to start with your own business. Just remember that the idea alone is not enough and it takes hard work. You have to show passion, persistence, and dedication to overcome all challenges as they arise. If you do, there’s nothing that can stop you from joining the ranks of successful entrepreneurs and business people from all around the world.
I am Richa Bhattarai, currently living in Kathmandu, pursuing my bachelor’s degree in Nursing. I am interested in freelancing as a data entry clerk, article editing and writing, and any job that keeps me occupied in my leisure time.
My other interest includes photography, traveling and I am currently an active member of Rotaract Club of Newroad City.