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How To Start Own Business Ideas
Contrary to popular belief, there are actually many ways to start a business that allow you to focus less on logistics and upfront costs and more on getting your ideas started. Let’s get you past the first big mental hurdle “I want to start a business but have no idea.”
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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 let go of the business without letting go of anything else.
To help you find inspiration to get started, we compiled a list of over 100 desirable business ideas, divided into categories such as fitness, apparel, and gaming.
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Whatever your business type, you will need a good domain name (use our free domain name generator) associated with a great brand name and representative logo.
Buy stock, store it, pick it, pack it, ship it. Inventory management is a big commitment when you are running a business.
Drop shipping is an easy, low cost, business idea to start and the first of our good business ideas. Drop shipping 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 low overhead, hands-off and scalable.
You don’t need to handle any of the products yourself – you just need to sell and pass the order to your supplier. In fact, it is one of the fastest and cheapest businesses to start.
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You can create products from one or more suppliers in your own online store under a theme that focuses on a specific niche, such as gear 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.
There are both local and foreign suppliers that you can work with, as long as you can build 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 start a business before you invest in your own products. Just be sure to always order a sample for yourself to ensure that your supplier is reliable and the quality of the product is suitable to sell to your customers.
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Another dropshipping model puts print-on-demand 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 products with your own designs to create something original.
T-shirts, hats, phone cases, hoodies, skirts, tote bags, and more become a canvas for your creativity. You can think of funny slogans for developers or quotes that resonate with cat owners—if there’s passion and pride in the community, there’s a potential t-shirt business you can start.
Even if you’re not a designer, you can find work using freelance sites like Fiverr, Upwork, Dribbble, or 99Designs.
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With many print-on-demand services, you’re paying per product, so the base price per unit will be more expensive if you want to order in bulk. But the advantage is that if a particular t-shirt design doesn’t sell, you haven’t actually paid for the item yet (just the design, if you’ve taken it out).
You can also use short makeup 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 integrate with your store for seamless order fulfillment. However, be sure to always order a sample of your product (often offered at a discount) to ensure your custom products look good.
A book is just another type of product when you think about it. As such, you can create one to serve a specific demand in the market.
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Cookbooks, picture books, comic books, poetry books, picture books, coffee table books, and novels—if you have the knowledge or creativity, there are a variety of original books you can market. The options are endless—that’s why it’s one of the best small business ideas to start.
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 look of your book.
Lulu xPress and Blurb are popular platforms for creating, editing and distributing your own books into physical and digital products. You can also sell it on third-party marketplaces like Amazon or Powell’s.
While you can order one book at a time, the price naturally goes down when you buy in bulk. Consider pre-selling or funding your book idea to make sure there’s demand and guarantee a certain number of sales so you can feel confident ordering in bulk.
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Launching your own book can be a great way to monetize a blog if you have one or are looking to start one.
Digital products like music, courses, podcasts, and templates are unique on this list of low-investment small business ideas. Unlike others, they are not qualified. There are no recurring manufacturing or shipping costs to worry about, so your margins can stay high, making this one of the best businesses to start as a no-brainer.
The trick is figuring out what makes for a good digital product. Is it useful enough that people are willing to pay to download it?
Answers range from original instrument beats to stock photos that other creators can license to information products and templates that help people level up their skill set in a particular field.
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If you have a talent that can be turned into a digital product, think about packaging it into a new stream of income.
Is a free digital download app that allows you to offer digital products in your store as easily as physical products.
If you’re artistically inclined or know your way around a camera, you can use a print-on-demand business model to dropship others a physical piece of your work. Just make sure you have the rights to the content you want to print or are using public domain assets that you can freely monetize.
If you already have an online presence—say, you’re a cartoonist or an urban photographer—you’re in an especially good position to give this small business idea a try.
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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 low-cost digital templates and makeup generators like Placeit that you can use to showcase your products without having to print everything and do your own photo shoot.
In our free 40-minute video workshop, we’ll take you from a product idea to setting up an online store to getting your first print-on-demand sale.
Accompanying a business with a mission to achieve and set aside some profits for a cause gives social entrepreneurs a unique way to position their company in the marketplace while solving problems they care deeply about.
While many social enterprises offer their own original products, you can also take any of the above low-cost small business ideas and partner with a non-profit or implement that social good yourself. As long as you are transparent. How does it work?
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As part of your marketing, you can share the impact your customers are making by supporting your business, such as a blog post covering your work in your community or on your website. Real time impact calculator.
TheGive & Grow app makes it easy to partner with charitable organizations and incorporate your mission into your business. You can set it to donate a specific amount or percentage of sales, or ask your customers to add a donation at checkout.
Offering services is not passive, but it can certainly be a profitable way to gain 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, it makes it easier to get up and running if you have the skills required.
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.
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It is one of the best business opportunities because it can
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