Get 10 Small Business Ideas and Run Your Own Business

Get 10 Small Business Ideas and Run Your Own Business

Absolutely! Coming up with a good business idea may require some brainstorming, but with proper planning and preparation, you can successfully launch a small business to either supplement your income or become your own full-time boss.

Perhaps you already have a business idea in mind. Although you may feel prepared for a new venture and enthusiastic about your concept, you might be seeking some guidance.

The initial step toward becoming a successful entrepreneur is discovering a business idea that suits you. In this article, you’ll come across numerous small business ideas that you can initiate from home and expand as your client base grows. Let’s begin.

A good small business idea should have several key characteristics:

  • Requires Little to No Training:

Leveraging your existing expertise can save time and money on training courses, allowing you to launch more quickly and confidently.

  • Low Setup Costs:

The business should be affordable to start, whether it’s purchasing a website domain or acquiring minimal equipment.

  • Limited Hands-on Inventory or Supply Management:

Ideal business ideas involve minimal supplies and inventory management. For physical goods, options like drop-shipping or small-batch production can be considered.

  • Based Online:

The best small business ideas are online-based, offering cost savings on commuting and providing greater flexibility for work-life balance.

  • Can be Managed by Few People:

A sustainable business idea allows for solo management, crucial for small business owners with limited funds for hiring additional help.

These criteria can help you identify a business idea that is not only feasible but also aligns with your skills and resources.

Absolutely! In line with Airbnb Co-founder Brian Chesky’s perspective, “If we tried to think of a good idea, we wouldn’t have been able to think of a good idea. You just have to find the solution for a problem in your own life.” If you’ve already identified a solution to a problem in your life, or are in the process of doing so, starting a small business might be on the horizon for you. This could also be the case if you envision leaving your nine-to-five job for the last time and becoming your own boss.

Below, we’ve compiled the absolute best ideas for you to kickstart your small business, complete with resources and examples to guide you on your entrepreneurial journey.

Absolutely! In line with CEO of Facebook Mark Zuckerberg‘s perspective, “I think a simple rule of business is, if you do the thing that are easier first, then you can actually make a lot of progress.” 

If you’ve already identified a solution to a problem in your life, or are in the process of doing so, starting a small business might be on the horizon for you. This could also be the case if you envision leaving your nine-to-five job for the last time and becoming your own boss.

Below, we’ve compiled the absolute best ideas for you to kickstart your small business, complete with resources and examples to guide you on your entrepreneurial journey.

1. Freelance Graphic Designer:

Embark on a freelance graphic design career where you can set your own hours, select projects, and develop a portfolio and business that you take pride in. Many companies actively seek experienced graphic designers for a range of projects, including website design and blog graphics.

Get 10 Small Business Ideas and Run Your Own Business
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The good news is that there are no specific education requirements to become a freelance graphic designer, although obtaining a credential or an Associate’s degree in design, such as SAIC’s graphic design certificate or RISD’s graphic design certificate, can bolster your portfolio and enhance your confidence in presenting your work to potential clients.

For those just starting in graphic design, helpful tips and tricks catered to beginners can provide a solid foundation. If you’re more experienced but aiming to expand your portfolio, consider using prompts to stimulate your creativity. Additionally, reviewing other designers’ work on portfolio websites can offer insights into current trends and provide valuable feedback as you grow your small business.

2. Resume Writer:

Consider becoming a resume writer, providing assistance to individuals in the challenging and time-consuming task of creating a resume, cover letter, and, when needed, a portfolio for a new job. Help clients by offering customized resumes, professionally edited cover letters, and meticulously crafted portfolios that make a lasting impression on employers.

3. Freelance Writing:

If you possess writing skills, there’s someone out there willing to pay for them. Consider venturing into freelance writing, where you can create blog posts, magazine articles, and website copy for various clients. Ensure you have a portfolio of work to showcase to potential clients, and even create a few sample pieces to exhibit your skills and attract new business.

To thrive as a freelance writer, it’s crucial to choose a specialty. You might opt to focus solely on writing for publications in the healthcare industry, especially if you have a background in healthcare, or target lifestyle publications. Specializing helps you find your niche market and builds confidence as a new freelance writer.

While there are no specific educational requirements for freelance writing, having strong writing skills is essential. It’s also beneficial to genuinely enjoy the act of writing. While certifications can be helpful, gaining practice and writing daily are more critical. Start with writing prompts to kickstart your journey as a freelance writer.

4. Videographer

Venturing into video production requires an upfront investment in equipment, which can be relatively expensive. However, this initial investment contributes to the value of your services. Ensure you have a reel of your work to showcase or create a website with a selection of your projects for interested viewers.

Starting a video production business doesn’t have specific educational or licensure requirements. Similar to writing and other creative fields, specializing in a specific niche can be advantageous. Real estate videos, for example, differ significantly from wedding videos, and in-studio interviews and testimonials have their unique characteristics. Specializing allows you to target a specific customer base that can benefit most from your services, and it also enables you to enhance your skills more effectively in a particular shooting style.

While there are general videography classes available, it’s beneficial to consider taking a class in the specific type of videography you aim to pursue. For example, you could enroll in “The Complete Wedding Videography Course” if that aligns with your chosen path.

5. Photographer

Begin your journey into photography by conducting photo shoots for family and friends. Utilize these opportunities to build a portfolio of your work and then ask for referrals and reviews. Photography businesses often thrive through word of mouth, so consider creating a Facebook page where you can tag recent clients. This allows photos to show up in their friends’ newsfeeds, providing visibility for your work. Encourage clients to leave reviews on your Facebook business page to further establish your credibility.

Similar to a video production small business, specializing in a specific niche is key. Decide whether you want to focus on product shoots, portraits, weddings, or fashion photo shoots. Specialization enables you to create a portfolio that best showcases your strengths.

While there are no specific educational or licensure requirements for starting a small photography business, investing in photography courses is recommended, especially if you haven’t used your camera in a while. This will help enhance your skills and stay updated on industry trends.

6. Personal Trainer

Consider offering in-home consultations, personalized nutrition and exercise regimens, and community boot camps to promote your personal training business. Utilize platforms like Instagram to share inspirational quotes, free exercise videos, and tasty snack ideas, as these are common ways for fitness gurus to build their brands in our digital world.

Starting small and then scaling up is a viable approach. For example, MOURfit, a personal training business in Indianapolis, began in a shared gym and later expanded to a private gym offering group fitness, personal training, and nutrition services.

To initiate a personal training business, obtaining a certification is crucial. If you have a degree in an unrelated discipline, consider starting with The NASM-CPT certification, which is nationally accredited and only requires a high school diploma or GED. Alternatively, you can pursue a Bachelor’s degree in physical and exercise science, such as the program offered by Emory & Henry College.

7. Life/ Career Coach

If you have successfully navigated career, personal, and social transitions, consider putting your experience to good use as a life or career coach. Many individuals are seeking guidance in their careers, and finding someone with the time to mentor them can be challenging.

While life/career coaches may come at a cost, they provide clients with intensive and hands-on training and advice to facilitate significant progress in their personal and professional lives. Everyone can benefit from uplifting advice from time to time.

To launch your life/career coaching business confidently, consider enrolling in a certification program such as the Life Coach School’s or Diane Hudson’s. This will provide you with the necessary skills to apply your expertise and attract new clients.

8. Online Dating Consultant

Dating consultants typically charge for their time, assisting individuals in creating successful online dating profiles, finding potential matches beyond conventional online platforms, and providing a personalized touch that platforms like Tinder may lack. If you believe you have a talent for matchmaking, this could be the business for you.

Successful online dating consultants should possess strong communication and interpersonal skills, along with elevated levels of empathy. The positive aspect is that there are no specific educational or licensure requirements, although obtaining a certification, such as IAP College’s relationship coach certification or Hart Academy’s online dating coach certificate, is recommended.

To initiate an online dating consultant business, you’ll need a website that introduces you and provides free dating resources for potential customers. Once they download a resource, you can engage them for a free consultation.

9. Handyman

If you find yourself consistently fixing things around the house and being the go-to person for small projects among your friends, consider starting a handyman business. Create a website, conduct a competitive analysis to determine the value of your time and expertise, and leverage the referrals from friends you’ve assisted before.

A handyman business is a great idea if you’ve already developed a strong set of skills to assist others in home improvement projects. Consider specializing in areas where you feel well-prepared— for example, if you excel in fixing sinks and water systems, you might start by offering sink-fixing services and expand your offerings as you gain more skills.

Becoming a handyman doesn’t require certifications, and there are no specific education requirements. However, you may need a license if you plan to undertake jobs above a certain dollar amount, and this requirement can vary by state.

10. Woodworker

If you have a passion for crafting beautiful furniture or other home goods from wood, this could be a viable small business niche for you. Begin by showcasing a few of your pieces on platforms like Etsy. As you build a following, consider expanding your presence through a dedicated website, accepting custom orders, or diversifying into refinishing work and upholstery.

Get 10 Small Business Ideas and Run Your Own Business
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Starting a woodworking small business is an excellent choice if you already have a love for woodworking and possess the necessary tools to fulfill orders. Given the importance of delivering high-quality products to satisfy customers, it’s advisable not to use customer orders as a training ground. Having at least one year of experience as a woodworking apprentice is recommended.

While there are no specific education requirements to start a woodworking business, numerous online certifications in woodworking training are available. Consider starting with certifications from reputable institutions such as The Woodwork Institute, YesTomorrow, or The School of Fine Woodworking.