Easy Business Ideas For Young Entrepreneurs – Whether you’re a student, a parent, a hobbyist, or someone just looking for a side project to get off the ground, you’ll need a little extra cash to get started. But there are some great small business ideas that are a lot cheaper than you might think. And some of them can be done in your free time between other duties.
True entrepreneurs have the courage to turn passion into business. And lucky people can turn a small side project into a real thriving business for years to come.
Easy Business Ideas For Young Entrepreneurs
Today, we want to come up with a list of top 10 small business ideas that can be started during spare time. Whether it’s just a temporary way to make some extra money or it turns out to be a lifelong business, it’s relatively easy to get started with any of these without dramatic up-front costs.
Best Small Business Ideas For Teens In 2023
People are making entire careers out of social media, and so can you. Almost every small business owner needs a strong social media presence to reach a large audience and grow their brand. And very few of them are good in themselves. If you enjoy creating content for your social pages, think about the types of companies you can translate your skills to.
Again, startup costs are low. And once you have some clients, you can start outsourcing some of the artwork, design, or custom images/editing to other agencies. This allows you to do this type of business at a slow, but significant, pace.
Helping people get things around town is a valuable service, especially in big cities. There is constant demand for personal moving, office moving, or parcel delivery. And again, the initial costs are relatively low. Marketing is cheap and all you need is a suitable sized vehicle for what you are transporting.
The hourly rates for these jobs are again amazing. Depending on what you’re moving, the prices can be exorbitant.
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If you’re charismatic, have some great ideas, and think people might want to listen to you, starting a podcast or blog can be a great way to build a small business. Many people are now monetizing their content through their blog, social media channel, YouTube account, Patron, or TikTok.
The more you grow, the more you can charge for each sponsorship. This is a great way to start small at a low cost.
The gift of putting words together beautifully is more valuable than you think. Ghostwriting services are growing in many types of industries. You can start a custom writing service that offers online help to students who struggle with their assignments.
On the more professional end of things, news publications, editors, celebrities, or small businesses need a ghostwriter. Growing a business in this area can sharpen your skills and lead to higher paying gigs down the road.
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You can start by offering your services to friends and family – you’d be surprised how many people could use help with their writing. Once this channel is over, check out Fiverr and UpWork for more work.
If you like clean spaces, this might be a great place to start. You don’t need a lot in terms of capital. Basic materials are fairly cheap and introductory marketing efforts are affordable. Social media, Yelp, and more place review sites are free to maintain a presence.
Also hide on your contacts and local community. Word of mouth marketing is invaluable. And once you start, ask for testimonials and reviews to build your referral marketing.
This is the type of industry that you can easily develop and hire a small staff. It’s a growing industry and one that is charging higher hourly rates in more cities.
Small Business Ideas For Teens In 2023 (bonus Quiz)
Manage a retail business without the massive inventory headaches that come with running a brick-and-mortar or e-commerce store.
The drop shipping process is very simple: a third-party retailer warehouses and ships items under your business name. You just have to do the marketing and maintain the necessary supplier relationships to facilitate each transaction.
Because there are no inventory overhead costs, this is the cheapest way to start a small business. It also gives you greater flexibility to offer different products based on your customers’ requests.
Printing t-shirts, hoodies, hats, and more is easier than ever. If you have a great idea for some new design, you can print in bulk at affordable prices.
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For merchants who already have an eye for design, some cool ideas, and a decent social media following, this is a great way to get new business.
Think about your target audience and what kind of clothes they will appreciate. Start with quality printers and materials so that the products last. Consumers are willing to pay a premium for custom designs over clothes that can handle more than a few washes.
Ideally, anyone getting into the photography business has a strong background in the medium. But rapidly improving technology has allowed hobbyists to tap into it. And there are plenty of areas of photography that many trained photography professionals hate. Family portraits, weddings, engagements, etc. are the most common types of photography that newcomers get into.
However, you definitely need to have a skill to start it. It takes a lot of practice and, usually, some expensive equipment. Think of a need that your community has and go from there.
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There are many third-party sites that now serve as platforms for home appliances. Merchants of all ages have succeeded in selling a variety of products to reach a much larger audience than their local farmers market.
Soaps, candles, sauces, pies, calendars, prints, watches, jewelry, and bags are just a few of the items that thousands of people have found great success selling online.
And, to take it to the next level, setting up your store with a simple e-commerce store is easier than ever. You can start with our guide on how to open an e-commerce business in 2021.
Finally, think about business ideas that you can turn into membership. Subscription services have become so popular for a reason. They add to the rapidly growing revenue as new members join. Instead of selling a product once, you are selling a long-term relationship with each customer.
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Again, there are many ways to start this type of business. Online tutoring, podcasts, yoga, exercise, music lessons, and pet classes are just a few.
Most of these businesses on the list are relatively easy to start. However, starting any new small business requires hard work and some understanding. Overall, it is probably easy to start a small digital business. Social media management, content writing, SEO, graphic design, and simple software engineering are some of the top businesses to start.
It varies widely and success depends on how much time and energy you put into your business. There are many different ways to turn a new small business into success. Some of the most successful are tutoring, crafts, babysitting, gardening shops, IT support, software development, and web design.
There is a new face to start a small business. Entrepreneurs have new opportunities in the digital realm that were not an option a few years ago. These include consultants, online sellers, drop shippers, online tutoring, courier services, app developers, website designers, cleaning services, copywriters, translators, digital marketers, and food trucks.
Unique Business Ideas For Teenagers To Start In 2023
To do all this seamlessly, you will need a small business point of sale. Find a solution that will help you scale, add customers to your loyalty program, and allow you to sell online. It needs to be as versatile as your business.
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Among other things, Michael writes about trends and tips in retail for KORONA POS. His focus is on bringing small business owners a more holistic approach to growth. In his spare time, you’ll find him hiking somewhere in the Southwest. Connect with him on LinkedIn. Encouraging children to pursue their business ideas and solutions has more than just financial benefits. Critical life skills—including skills that impact children’s emotional, physical, and mental well-being—are gained when children are helped to start their own businesses and see their ideas succeed.
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We believe that there are endless ways for children to put their skills and talents to good use when it comes to existence. Look beyond traditional ideas, find a niche market, and hone in on areas that your child will want to apply themselves to. Capitalize on a child’s passion, curiosity and unique perspective to build their confidence and help them execute with their business ideas.
Starting a business can be hard work but incredibly rewarding! To help keep parents and kids excited about the process, we offer this guide to more than 50 creative and
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