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Best Small Business Ideas For Women Entrepreneurs In 2023
A side business is something you do to earn extra money on the side of your day job. According to Zapier, 40% of Americans shave, and another 36% plan to do so in 2022.
People with side cases spend 13.4 hours a week on this, earning $12,869 a year from their side business. You can use the money you earn to pay off debts, invest, or splurge on a feast for yourself.
Aside from the financial benefits, pursuing a side business idea gives you a chance to build a new skill set. Entrepreneurs also derive satisfaction from creating a company, while creating a new career path that provides greater security during layoffs.
Do you want to start a side business, but you don’t know what you can earn? Here are 22 side business ideas you can start today.
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Turn your passion for photography into an additional business. Promote your photography services in your area and earn several hundred dollars per photo shoot. Alicia Ho of Precious Ones Photography turned her hobby into a rewarding business. “Being able to unleash your creative juices creating keepsake pieces of art that will last a lifetime for families is an amazing feeling,” he says. You can follow her example and:
Broaden your horizons (and earn more) by selling your photos online. Sites like Stocksy, Shutterstock, and Alamy pay photographers when their photos are commissioned, downloaded, or sold. This can be a very lucrative business if local residents usually don’t pay for photo shoots.
The clothing industry is big business. Consumers around the world spend $775 billion on fashion e-commerce each year. Get some of that spending with a print-on-demand model.
The best thing about this side business idea is that you don’t have to invest tons of cash upfront. Every time you receive an order through your online store, print-on-demand providers will print your design and ship it to your customer – you don’t have to keep inventory yourself.
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Selling your skills is a profitable business idea if you are on a budget. Most skill-based businesses can be started for free because you don’t need inventory. You can also do free marketing by asking if anyone in your network needs help.
Take a look at the skills you already have and see if they are in high demand, either as a service or as advice from a consulting firm.
Ashley R. Cumming took this approach by starting her side business. “I worked full-time as a corporate trainer and also taught Russian at the university,” he says. “My education was in English and I’ve always loved to write, so I slowly started working on projects. Eventually, I had enough clients to replace my full-time income from working 9 to 5 and teaching. So I quit and started my freelance writing business.”
Do you have amazing organizational skills? Earn money on them by becoming a virtual assistant. You will remotely manage the company’s administration page, which makes it one of the best home business ideas that can be done as an addition to your daily work.
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Ariana Rodriguez started her business as a virtual assistant in April 2021. It cost $2,000 to start an additional business. This included a website, a business course, and the technology needed to run a virtual assistant business.
“I started earning $700 a month in April,” says Ariana. “In December, I was making $6,000 a month and working full time. I was able to hire a subcontractor to make the work more sustainable.”
The online language learning market is projected to be worth $25.73 billion by 2027. If you speak two (or more!) languages, monetize your skills by opening a side business that teaches other people how to do the same.
Create your own website and offer individual virtual classes. Or join an online language learning platform like Skooli, VIPKid or Qkids. Tutors can earn up to $23 per hour teaching English on the side.
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You can also host group activities in a free space like a community center – many of which want to make education accessible to local people.
The Bureau of Labor Statistics reported nearly 800,000 maids and cleaners in the United States in 2020. It’s a cheap business idea that’s easy to get off the ground. An investment of $100 in cleaning products can quickly pay off.
Take it from Brian Winch, the author of Cleanlots, who started a cleaning business on the side “with little money, skills and education, but lots of passion, patience and perseverance.
“I provide a parking lot garbage cleaning service for property management companies. I perform my services on foot using simple hand tools. Almost as easy as going for a walk! We walk around the outdoor area outside of commercial properties and sweep litter into our collection tools, then empty it into on-site waste bins.”
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It cost Brian $250 to set up the company. Eight weeks later, a side business idea made more money than his full-time job. He currently earns between $650,000 and $700,000 a year.
“I started the business on the side because I wanted security from the income from my day job to pay the bills while I gained experience growing my business,” says Brian. “The income I generated from my side business was reinvested in development.”
People spend over $3 billion a year in the event planning sector. From weddings and birthday parties to corporate events, taking over the organizational aspect of hosting an event can bring you extra cash.
Amber Sironen-Massey has taken this approach by starting her side business, Epic Elopements. A wedding planning company handles everything from legalizing marriage, arranging vendors, and signing contracts.
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“I knew I wouldn’t be able to maintain a full income and needed more money to start my business, so giving up my day job was not an option,” says Amber. “I also wanted to make sure I was on the right track with my audience in the market and that I was building traction before jumping ahead.”
Amber is so good at event planning that she plans to quit her full-time job in a few months: “By the end of this year, I will have tripled my first year’s sales, so our growth rate is high. I know that I cannot continue this type of development by devoting myself entirely to someone else’s business.
“It’s a bit scary to take this leap, but I have the demand and I know that being able to focus on my own business full-time will make me grow even more.”
Over 80 million people in the US own pets. Many of these people also go on vacation without their pet, which means they need someone to take care of them while they are away.
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Owners often look for a dog walking company or pet boarding house on platforms such as Rover. This is an added bonus if you have pet related qualifications such as first aid or animal behavior. But most of all, you need to reassure potential customers that their pet will be safe in your care.
If you’re unsure about pets, offer to look after someone’s home while on vacation. Home caregivers can earn between $25 and $30 per day, although this increases with overnight stays, home size and location. Combine that with a full-time job that allows you to work remotely for extra income with minimal work disruption.
A user tester provides feedback on a website, app, or product. Companies are looking for user testers who refine the software before releasing it to the general public, and pay for their time.
The tests can take anywhere from 10 to 30 minutes, which makes it a side business idea worth pursuing if you have some free time. One user test each day can quickly fetch up to several hundred dollars a month.
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Dropshipping is an e-commerce business model with minimal upfront costs. Find products to sell through dropshipping apps like DSersorSpocket. Then create an online store to sell them. Your supplier will automatically select, pack and ship products to the customer each time an order arrives.
Thomas Sleeth, founder of Dropshipping Hustle, “worked full-time for 14 years as a disability support worker before trying dropshipping as a side job. I was fascinated by the business model and completely immersed myself in it and spent all my free time and even some time at work learning everything I could.”
It took Thomas five months to start seeing consistent profits from the small business. “However, I did not quit my full-time job for almost a year,” he says. “At the time, leaving my long-term job was extremely stressful for me, but in retrospect, I should have left a few months earlier.
“I worked in the field of dropshipping and e-commerce for four years and earned more than I could have had if I had continued my regular job.”
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If you don’t have much time to invest in an additional business, consider renting space in your home. Over two million people rent holiday apartments through Airbnb
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