I Need A Business Idea – These great business ideas offer opportunities for entrepreneurs who want to start something new, whether you’ve run a business before or are looking to launch your first company.
If you’re thinking of starting a business, you should consider whether your idea meets a need for the way people live and work. If you can identify an unmet need and target market, you may have a business idea with legs. But how do you come up with a good idea in the first place? This list of business ideas includes 26 great types of businesses to help you find success.
I Need A Business Idea
This list of 26 great business ideas will help you start your entrepreneurial journey. Note that many of the ideas below only require a credit card processing partner to get you started, so you can keep upfront costs relatively low.
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If you are interested in clothing and selling, you may want to consider starting an online reseller business. While it takes time, dedication, and an eye for fashion, you can start your business as a side hustle and turn it into a full-time resale business. You can start by using online store websites like Poshmark and Mercury to sell your unwanted clothing and items, then expand to your own resale website.
Consider shopping estate sales and flea markets for hidden finds at low prices and then listing them for profit online. If you’re diligent enough and search the right places, you may be able to amass a large inventory of items that are in good condition for very little overhead.
About 70% of American households own a pet. When these families are away for extended periods, your pet sitting small business can give them peace of mind. As a pet sitter, you’ll look after your clients’ dogs, cats or other pets at their homes. As part of the job, you’ll have to feed them, water them, play with them, and (with dogs) walk them as needed. To help keep customers satisfied, you’ll need to regularly update them on how their pets are doing.
If you have other sources of income that require nothing more than an Internet connection and a laptop, pet sitting may be an especially suitable small-business idea. Almost all pet owners will be happy to let you work on your laptop while you spend time with their pets at their home, meaning you can run two income streams at once.
How To Come Up With Great Business Ideas
If you have a sense of fashion (or humor), you might enjoy starting a T-shirt printing business. You can even license someone else’s designs and screenprint them onto a blank tee. Either way, if you have the space for a t-shirt printing setup, you can easily get the equipment you need to get started.
Did You Know?: T-shirt printing can be a great e-commerce business. You can allow customers to place orders online and sell t-shirts in bulk. This way, you can sell to customers across the country and even the world.
If you love cleaning, you can easily turn it into a business. With a few employees, a host of cleaning supplies and transportation, you can provide cleaning services to homeowners, apartment complexes, and commercial properties. Most cleaning services charge $25 to $50 per hour. Cleaning services are straightforward businesses that require relatively little overhead; All you need is planning, dedication and marketing to attract customers.
If you want to differentiate yourself from other cleaning services, consider adding premium options like floor waxing or exterior power-washing for an additional fee. These services can be the deciding factor between your new cleaning service and experienced companies that maintain huge client lists to provide that level of cleaning.
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The demand for online education has opened up possibilities for entrepreneurs. Since it is an online venture, you can choose any subject that you know about and teach the courses regardless of location. If you don’t have advanced knowledge in a particular subject, consider teaching English as a Foreign Language to foreign students online.
Like education, technology allows many bookkeeping services to be performed online. If you are an accountant or bookkeeper who wants the freedom and autonomy of running your own business, take advantage of modern technology to start your own online bookkeeping service.
If you are knowledgeable and passionate about a specific subject (such as business, social media, marketing, human resources, leadership or communications), consulting can be an attractive option. You can start a consulting business on your own, then grow your business and hire other consultants over time.
If you have a reliable vehicle and good time management skills, consider starting your own courier service – specifically, a medical courier service. As a driver, you will be responsible for the transportation of medical items such as laboratory specimens, prescription drugs, and equipment. You can start your courier business on your own or hire other drivers to do the work for you.
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Did You Know?: The healthcare industry is expanding, which is a good sign for medical courier service job stability. There is a wide range of customer groups your business may serve, including hospitals, nursing homes, labs and private practices.
If you are technology savvy and experienced, then you can consider a career in app development. Smartphones are a daily accessory for many Americans which has increased the demand for mobile apps. Similarly, as virtual reality software has become popular in recent years, so too is the demand for VR app development.
If you have a good ear and can type quickly, a transcription service will allow you to work from home with a flexible schedule. Medical transcription services are especially needed as voice recognition technology proliferates for healthcare provider dictation.
You can accept as many or as few transcription jobs as you want. This flexibility can be especially beneficial if you don’t want to start everything at once or if you have a day job that you want to keep for now. To boost your professional prospects and justify charging a higher fee, consider becoming a certified transcriptionist and delving into a few specialties.
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Medical transcriptionists typically charge 6 to 14 cents per line of transcription, which adds up quickly. The typical turnaround time for transcription work is 24 hours, so it’s important to stay on top of the jobs you accept. However, the ability to only accept a few requests at first means you can scale up as you’re ready. Best of all, there is very little startup cost and overhead. All you need is a computer, the proper software, and a secure messaging service.
Tip: While not required, a medical transcription license can increase your business’ competitive advantage by expanding your client base to include larger companies. Some service providers prefer that their transcriptionists have training from a certified program.
Looking for a business idea that can actually spark joy? Professional organizers, like Marie Kondo, help people declutter and declutter for a living. In the age of materialism, many people are desperate to reduce and control their possessions. Minimalism is becoming extremely popular, but people often find it difficult to part with things they’ve had for a long time. Part of being a professional organizer is helping clients develop a system for downsizing.
If you’re a highly organized person who enjoys making spaces functional and comfortable, you might be good at training others to do the same. People will pay you to help them come up with a method for paring down their possessions and maintaining an organized space. To promote your business, ask if your clients will let you take before-and-after photos of the areas of their homes that you have arranged. If so, you can use them to create a portfolio that you can put out on social media to attract more clients.
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If you’re a natural wordsmith with a little knowledge of marketing, you can set yourself up as a freelance copywriter or content writer. Whether you write blogs, web content or press releases, many companies will pay for your services. Increase your value by using SEO knowledge to help clients design a strategy around specific keywords that their target audience is already using in their online searches.
Freelance copywriting is a great business to run because as long as you have an internet connection, you can work. This is a business that you can operate from the comfort of your home or even from the road if you travel. If you establish a large enough network and get referrals from satisfied clients, you can even make freelance writing your full-time job.
A background in care and hospitality can go a long way in supporting home-dwelling seniors who require in-home care. It is also a service for which the demand is increasing day by day. According to the Population Reference Bureau, between 2020 and 2060, the population 85 and over is projected to triple from 6.7 million to 19 million. The global number of centenarians (those over the age of 100) has already reached nearly 600,000. Many people will need care and support, often in their own homes.
Fortunately, you don’t need a background in healthcare to help seniors and develop a successful business at the same time, although they
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