You’re great at doing at least one thing, so why not earn extra money from it? Here are six of the best small business ideas for 2019, 2020 and beyond.
Getting started with a small business is a great idea to become a self-made success story, but to be successful at it isn’t as easy as it might seem. You’ll need to do thorough research before starting up your career as an entrepreneur, and also need to look at your budget so that you won’t face any future financial losses.
Most importantly, the business you start should align with your skills and choices so that you can work efficiently on it. Marketing is one of the most demanding needs of every business, and especially when you want to reach a lot of people in just a short time.
Best small business ideas this year
Here are six of the best small business ideas, courtesy of the nonprofit blog Journal Review: (https://www.journalreview.org/best-small-business-ideas/)
Resume Writing: Writing a good resume is an art that helps people impress employers. A great resume not only reflects the different aspects of someone’s personality, but also enables them to build confidence. If you are good at resume writing skills, you can help a vast number of people and earn money from it.
Photography: Turn your passion for photography into your profession and start earning beautiful money. With the increasing popularity of various social media sources in the market rapidly, lots of people are now taking photography seriously. If you have some excellent photographs, you can earn extra income by selling them online, and gain some notoriety as well.
Daycare: These days, the business of childcare is also in high demand. Many more couples are working and need quality childcare services during their working hours. So if you love children and are good at taking care of them, you can earn the trust of other parents and get paid for doing what you love. Childcare is also one of the affordable businesses that you can start with your home.
Food Truck: If you own a truck and have extra time, you can turn your truck into a moving restaurant. This is a solid small business that you can start without undergoing major financial risks. Managing a food truck is usually much cheaper than than a traditional restaurant, and you don’t need to have any particular location to start. You can operate your food truck anywhere you can get a permit. Moreover, you can also add other services like catering and special events to increase your profits even more.
Web Development business: If you are good at design or coding skills, then why not to start your own web development company? Web development is one of the fastest growing best small business ideas. You can build up user-friendly websites for others and earn great money.
The only things you’ll need are great coding skills, a reliable internet connection, and a lot of creativity. Of course, you’ll also need the latest web development tools and techniques to provide the best services to your customers.
Dropshipping: This is another one of the best small business ideas in the list, and will amaze you with the profits it offers you in just over a short time. As you know, these days most people have moved towards managing online businesses, so why not to take advantage this trend? Dropshipping is one of the simpler, easier and more affordable small business ideas that almost everyone can do.
With dropshipping, you sell products online without worrying about their shipping or storing inventories. You only have to serve as a mediator, where you take orders from customers and can forward their orders to direct shipping companies. Connections and networking are the most essential aspects of this excellent business, and those will help you grow your business more and more over time.
More small business ideas
If you want a more comprehensive list of the best small business ideas, check out Journal Review. The nonprofit blog also has a few reader-submitted ideas.