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Contrary to popular belief, there are many ways to start a business that allow you to focus less on logistics and costs and more on getting things started.
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These low-investment small business ideas make a great entry point for beginners, bootstrappers, or those with busy schedules, allowing you to start a side business without giving up everything else.
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You still need to think hard, build your brand, invest in marketing and provide excellent customer service. But there are ways to avoid many of the initial startup costs, such as initial inventory, warehousing, and retail space.
To help you find startup inspiration, we’ve compiled a list of 100+ aspiring business ideas divided into categories like fitness, apparel, and gaming.
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What is a good business to start in 2021? Check out this list of business ideas you can start making money this year:
Stock Buy, Store, Pick, Pack, Ship. Inventory management is a big liability when running a business.
Dropshipping is an easy business to start and is the first of our good business ideas. Dropshipping is a fulfillment model that stores and ships inventory to customers on behalf of a third-party supplier. It’s one of the best businesses to start because it’s low-cost and scalable.
You don’t have to manage any products yourself – you just have to sell and place orders with the supplier. In fact, it is one of the fastest and cheapest businesses to start.
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You can turn one or more suppliers’ products into your own online store with a focused theme, such as equipment for yoga enthusiasts or water bottles 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 responsible for your own marketing and customer service.
There are trusted and overseas suppliers that you can work with as long as you can build a relationship based on trust – an unreliable supplier will reflect badly on your brand.
Dropshipping is a low-investment way to test product market fit and start a business before investing in your own products. Always remember to order samples for yourself to ensure that your supplier is reliable and that the quality of the products is suitable for selling to your customers.
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Another print-on-demand model, inventory, shipping and fulfillment is handled by a third-party supplier. But unlike the idea above, the key here is to customize the products with your own designs to create something unique.
T-shirts, hats, phone cases, shirts, skirts, bags and more become a canvas for your creativity. You can think of great slogans for creators or references that fit cat owners – if there’s passion and pride in a community, there’s a t-shirt business to start.
Even if you’re not a designer, you can find work using freelancing sites like Fiverr, Upwork, Dribbble, or 99Designs.
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With bulk print-on-demand services, you pay per product, so the base cost per unit will be more expensive than if you ordered in bulk. But the advantage is that unless a particular t-shirt design sells, you’re not actually paying for the merchandise (just the design, if you’re outsourced).
You can even use t-shirt mask templates so you don’t need to spend money on a full photo for a new design.
There are a variety of print-on-demand platforms available, many of which can be integrated with your store for seamless execution. However, always order a sample of your product (often offered at a discount) to make sure it looks good.
When you think of a book, it’s a different kind of product. As such, you can create one to serve a specific need in the market.
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Cookbooks, picture books, comic books, poetry books, picture books, coffee table books, novels, and even scrapbooks — whether you’re academic or creative, there are a variety of unique books you can market. The options are endless, so it’s one of the best businesses to start.
Print-on-demand is a safer way to test the waters and get started with self-publishing. It also allows you to control 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 it on third-party marketplaces like Amazon or Powell’s.
You can order one book at a time, and costs naturally decrease when you buy in bulk. To ensure there is demand, consider pre-selling or paying a lot for your book idea, and you can be sure of a large order.
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If you want to publish your book, start a blog, or start a business, it can be a great way to monetize.
Digital products like music, courses, and templates are unique on the list of small business ideas. Unlike others, they are invisible. There are no recurring manufacturing or shipping costs to worry about, so your margins can be high and the best businesses will have no second thoughts to start.
This trick determines what makes a good digital product. What utility are people willing to pay to download?
The answers range from unique tools, to stock images that can be licensed to other developers, to information products and templates that help people improve their skills in a specific area.
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If you have talent that can be turned into a digital product, consider packaging it into a new revenue stream.
Has a free Digital Downloads app that allows you to offer digital products as easily as physical products in your store.
If you’re artistically inclined or know your way around a camera, you can let others take physical ownership of your work using a custom printed business model. Make sure you’re using public domain assets that you want to publish or monetize freely.
If you’ve already run an online business—say, as a cartoonist or urban photographer—you’re in a unique position to try this small business idea.
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Depending on the printer you work with, you can turn your work into products like posters or framed wall art, or even greeting cards. There are digital templates and mockup generators like Placeit that you can use to showcase your products without having to print or photograph each product.
In our free 40-minute video workshop, we’ll take you from a product idea, to building an online store, to your first on-demand sale.
Having a business and a mission to make some profit for some reason gives social entrepreneurs a unique way to market their company by solving the problems they care about the most.
While many social enterprises offer their own unique products, you can take any of the above small business ideas and partner with a nonprofit, or if you’re open about how it works, you can do that social good yourself.
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As part of your marketing, you can share the impact your customers have on your business by supporting your business, such as a blog post featuring your community activities or an actual impact calculator on your website.
The Give & Grow app makes it easy to partner with charities and incorporate your business into your business. You can set it up to donate a certain amount or percentage of sales, or you can ask customers to add a donation at checkout.
Offering services isn’t passive, but it can certainly be a profitable way to become self-employed. With service-based small business ideas, time is your greatest asset and investment. You only have a limited number of hours in your day. However, if you have the requisite skills, it makes it easier to get up and running.
Authors, graphic designers, virtual assistants, SEO consultants, cleaning service providers, dog walkers, real estate professionals, and more can build businesses based on their expertise.
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This is one of the best business opportunities because it can be expanded with the other ideas above to create additional revenue streams by “producing” services through physical or digital goods.
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