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Top 10 Business Ideas In Africa
Contrary to popular belief, there are actually many ways to start a business that allow you to focus less on logistics and startup costs and more on getting your ideas started. Let’s get past the first major mental hurdle of “I want to start a business but I have no ideas.”
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These 26 small business ideas make a great entry point for beginners, bootstrappers, or anyone with a busy schedule, and allow you to get the business off the ground without having to abandon everything else.
To help you find inspiration to get started, we’ve compiled a list of 100+ in-demand business ideas, divided into categories such as fitness, clothing and toys.
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Buy stock, store, pick, pack, ship. Inventory management is a big undertaking when you are running a business.
Dropshipping is an easy, low-cost 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’s one of the best businesses to start because it’s low overhead, hands-off, and scalable.
You don’t have to handle the products yourself – you just have to make the sale and pass orders to your supplier. In fact, it is one of the fastest and cheapest businesses to start.
You can curate products from one or more suppliers in your own online store under a theme that focuses on a specific niche, 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 supplier, who fulfills it on your behalf. However, you are still responsible for your own marketing and customer service.
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There are local and overseas suppliers you can work with as long as you can establish a relationship with them based on trust – an unreliable supplier will reflect poorly on your brand.
Dropshipping is a great way to test product market fit and launch a business before investing in your original products. Just be sure to always order a sample for yourself to ensure that your supplier is reliable and that the quality of the products is suitable to sell to your customers.
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Another dropshipping model, print on demand puts inventory, shipping and fulfillment in the hands of a third-party supplier. But unlike the dropshipping business idea above, the focus here is on customizing the products with your designs to create something original.
T-shirts, hats, phone cases, hoodies, skirts, tote bags, and more become canvases for your creativity. You can think of ingenious slogans for developers or references that resonate with cat owners – if there is passion and pride in a community, there is a potential t-shirt business that you can start.
Even if you are not a designer, you can find one to work with freelance sites like Fiverr , Upwork , Dribbble , or99Designs .
With many print-on-demand services, you pay per product, so the base price per unit will be more expensive than if you were to order in bulk. But the advantage is that if a certain t-shirt design doesn’t sell, you don’t actually pay for the item (only the design, if you outsource it).
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You can also use shirt templates so you don’t have to spend extra 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 with your store for seamless order fulfillment. However, be sure to always order a sample of your product (often offered at a discount) to make sure your custom products look good.
A book is just another kind of product when you think about it. As such, you can create one to serve a particular demand in the market.
Cookbooks, picture books, comic books, poetry books, photo books, coffee table books and novels – if you have the knowledge or the creativity, there are a variety of original books that you can bring to market. The options are endless – that’s why it’s one of the best small business ideas to start.
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Print-on-demand is a relatively safe way to test the waters and get started with self-publishing. It also gives you control over 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 on third party marketplaces like Amazon or Powell’s.
While you can order one book at a time, costs naturally go down when you buy in bulk. Consider pre-selling or crowdfunding your book idea to ensure there is a demand and guarantee a certain number of sales so you feel confident about making a wholesale order.
Launching your own book can be a great way to monetize a blog if you have or are looking to start one.
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Digital products such as music, courses, podcasts and templates are unique in this list of low investment small business ideas. Unlike others, they are not tangible. There are no recurring manufacturing or shipping costs to worry about, so your margins can be high, making it another contender for being one of the best businesses to start.
The trick is to understand what makes for a good digital product. What is useful enough that people are willing to pay to download it?
The answers range from original instrumental beats to stock photos that can be licensed to other creators to information products and templates that help people level up their skills in a particular field.
If you have a talent that can be turned into a digital product, consider packaging it into a new income stream.
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Has a free digital download app that allows you to offer digital products in your store just like physical products.
If you’re artistically inclined or know your way around a camera, you can dropship using a print-on-demand business model to let others physically own a piece of your work. Just make sure you have the rights to the content you want to print or that you’re using public domain assets that you can freely monetize.
If you already have an engaged online following—say, you’re a cartoonist or urban 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, even greeting cards. There are plenty of inexpensive digital templates and mockup generators like Placeit that you can use to present your products without having to print each item and make your own photos.
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In our free 40-minute video workshop, we’ll take you from product idea to building an online store to get your first print-on-demand sale.
Having a mission to go along with a business and set aside a profit for a cause gives social entrepreneurs a unique way to position their company in the market while addressing the issues they care about the most.
While many social enterprises offer their original products, you can also take any of the ideas of small businesses at low cost above and partner with a non-profit or run that social good with your own hands, as long as you are transparent. how it works
As part of your marketing, you can share the impact your customers have had by supporting your business, such as a blog post covering your work in the community or a real-time impact calculator on your website. .
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The Give & Grow app makes it easy to partner with charities and incorporate your mission into your business. You can set it up to donate a specific amount or a percentage of sales, or ask your customers to add a donation at checkout.
Offering services is not passive, but it can certainly be a lucrative way to earn self-employment. With service-based small business ideas, “time” is your inventory and your biggest investment. You only have a limited supply of hours in your day. However, this makes it easier to get started if you have skills that are in demand.
Writers, graphic designers, virtual assistants, SEO practitioners, cleaning service providers, dog walkers, real estate professionals, and more can build a business around their skills. You can offer these skills as an ongoing service or start a consulting business that advises on projects.
It is one of the best business opportunities because it can be expanded with any of the other ideas above to create additional revenue streams by “producing” services through physical or digital goods.
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