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Contrary to popular belief, there are many ways to start a business that allow you to focus less on logistics and startup costs and more on making your ideas a reality. Let us help you overcome the first big mental hurdle: “I want to start a business, but I have no idea.”
These 26 small business ideas are a great entry point for beginners, startups, or people with busy schedules, and will allow you to get started without giving up everything else.
To help you find inspiration to get started, we’ve compiled a list of 100+ in-demand business ideas divided into categories like fitness, apparel, and gaming.
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Whatever type of business you’re running, you’ll need a great domain name (use our free domain name generator) and great branding and a representative logo.
Purchase, store, sort, pack and ship inventory. Inventory management is a big commitment in running a business.
Dropshipping is an easy and cheap business idea to start and the first of our good business ideas. Dropshipping is a fulfillment model where a third-party supplier stores and ships inventory to customers on your behalf. It is one of the best businesses to start because it is cheap, non-intrusive and scalable.
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You don’t have to handle any products yourself – you just have to make the sale and pass the orders on to your supplier. In fact, it is one of the fastest and cheapest businesses to start.
You can select products from one or more vendors in your online store under a niche theme, such as equipment for yoga enthusiasts or water bowls for dog owners. When a customer buys a product from you, the order is sent to your account, which fulfills it on your behalf. However, you are still responsible for your own marketing and customer service.
There are local and overseas suppliers you can work with if you can build a relationship based on trust – an unreliable supplier will reflect poorly on your brand.
Dropshipping is a great way to test your product’s marketability and start a business before investing in your own original products. Just order a sample regularly to ensure your supplier is reliable and suitable for selling to your customers.
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Another dropshipping model, print-on-demand, places inventory, shipping, and fulfillment in the hands of a third-party seller. But unlike the dropshipping business idea above, the emphasis here is on customizing products with your own design to create something original.
T-shirts, hats, phone cases, hoodies, skirts, bags and more become a canvas for your creativity. You can think of funny catchphrases for developers or links that resonate with cat owners – if there’s passion and pride in the community, there’s a potential t-shirt business you can start.
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Even if you’re not a designer, you can find someone to work for using freelance sites like Fiverr, Upwork, Dribbble, or 99Designs.
With many print-on-demand services, you pay per product, so the base price per unit will be more expensive than when ordering in bulk. But the upside is that if a particular t-shirt design doesn’t sell, you haven’t paid for the product (only the design if you outsourced it).
You can also use t-shirt mockup templates without spending too much money on a full photo shoot for each new design.
There are a variety of print-on-demand platforms you can work with, many of which can be integrated into your store for seamless order fulfillment. However, don’t forget to ask for a sample of your product (often offered at a discount).
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A book is another type of product when you think about it. So you can create to meet a specific market demand.
Cookbooks, picture books, comic books, poetry books, photo books, coffee table books and novels – if you are knowledgeable or creative, there are all kinds of original books to market. The options are endless – that’s why it’s one of the best small business ideas to get started.
Print on demand is a relatively safe way to test the waters and start self-publishing. It also allows you to control the quality and appearance of your book.
Lulu xPress and Blurb are popular platforms for creating, ordering and distributing your books as physical and digital products. You can also sell it on third-party marketplaces like Amazon or Powell’s.
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Even if you order one book at a time, costs will naturally decrease when you buy in bulk. Consider pre-selling or crowdfunding your book idea to ensure a certain amount of demand and sales.
If you have a blog or are thinking of starting one, launching your own book can be a great way to monetize your blog.
Digital products like music, courses, podcasts and templates are unique in this list of low investment small business ideas. Unlike others, they are not felt. Recurring production or shipping costs are not a concern, so your margins can remain high, making it another challenge to be one of the best businesses to start.
The trick is to determine what makes a good digital product. What is useful enough to make people willing to pay to download it?
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The answers range from original instrumental rhythms to stock images that other creators can license to information products and templates that help people improve their skills in a specific field.
If you have a talent that can be turned into a digital product, turn it into a new income stream.
Your store has a free digital download app that offers digital products as easily as physical products.
If you’re artistic or camera-savvy, you can use a print-on-demand business model to allow others to physically own a piece of your work. Just make sure you own the rights to the content you want to publish or that you’re using public domain assets that you can monetize freely.
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If you already have an engaged online audience—say, you’re a cartoonist or street photographer—you’re in a particularly good position to try this small business idea.
Depending on the printer you work with, you can turn your work into products like posters or framed wall art, or even greeting cards. There are many inexpensive digital mockups and mockup generators like Placeit that you can use to showcase your products without having to print each item and do your own photo shoots.
In our free 40-minute video workshop, we’ll take you from product idea to online storefront to print-on-demand.
Following a business with a mission to sustain profits for a purpose gives social entrepreneurs a unique way to position their company in the marketplace by addressing the issues that matter most to them.
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While many social enterprises offer their own original products, you can take any of the above low-cost small business ideas, partner with a nonprofit, or run that social good on your own. It works.
As part of your marketing, you can share your impact with your customers through your business endorsements, such as a blog post highlighting your community work or a real-time impact calculator on your website.
The Give & Grow app makes it easy to partner with charities and incorporate their mission into your business. You can set it up to donate a certain amount or a percentage of sales, or you can ask your customers to add a donation at checkout.
Offering services isn’t passive, but it can certainly be a lucrative way to become self-employed. With service based small business ideas, “time” is your inventory and your biggest investment. You have limited hours in a day. However, it makes it easier to get started if you have in-demand skills.
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Writers, graphic designers, virtual assistants, SEO specialists, cleaning contractors, dog walkers, real estate professionals, and more can build businesses around their skills. Can you recommend these
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