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Contrary to popular belief, there are many ways to start a business that allow you to focus less on materials and upfront costs and more on getting your ideas off the ground. Let’s go through the first step of thinking “I want to start a business but I don’t have ideas.”
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These 26 business ideas make a great entry point for startups, bootstrappers, or anyone with a busy schedule, and let you sideline the business without dropping everything else.
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To help you get started, we’ve compiled a list of 100+ in-demand business ideas, divided into categories such as fitness, clothing, and sports.
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Buy stock, store, pick up, grow, ship. Managing inventory is a big commitment when running a business.
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Dropshipping is an easy, low cost, business idea to start and the first of our best business ideas. Dropshipping is a fulfillment model where a third-party seller stores and ships inventory to customers on your behalf. It’s one of the best businesses to start because it’s low overhead, hands-free, and scalable.
You don’t have to handle any products yourself—you just need to make sales and pass orders to your salesperson. In fact, it is one of the fastest and cheapest businesses to start.
You can group products from one or more suppliers in your online store under a theme that focuses on a specific niche, such as gear for yoga lovers 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 marketing and customer service.
There are local and overseas vendors that you can work with, as long as you can build a relationship with them based on trust—an unreliable vendor will reflect poorly on your brand.
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Dropshipping is a great way to test product-market fit and launch a business before investing in your original products. Just make sure that you always download samples yourself to make sure that your supplier is reliable and that the quality of the products is suitable to sell to your customers.
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Another drop-in model, print-on-demand puts inventory, shipping, and fulfillment in the hands of a third-party. But unlike the drop-down business idea above, the focus here is on adapting products and your designs to create something original.
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T-shirts, hats, phone cases, hoodies, skirts, tote bags, and more are fabrics for your creation. You can think of clever slogans for designers or references related to cat owners – if there is passion and pride within the community, there is a t-shirt business you can start.
Even if you’re not a designer, you can find someone to work with using freelance sites like Fiverr, Upwork, Dribbble, or 99Designs.
With most print-on-demand services, you are paying per product, so the lower cost 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 does not sell, you do not have to pay for the item (only the design, if you cheap out).
You can even set-up mockup templates so you don’t have to spend extra money on a full photoshoot for each design.
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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 (usually offered at a discounted price) to make sure your 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 particular need in the market.
Cookbooks, picture books, comic books, poetry books, picture books, coffee table books, and novels—if you have knowledge or skills, there are a variety of original books you can bring to the market. The options are endless – that’s why this is one of the best business ideas to start.
Print-on-demand is a safe way to test the waters and start with printing yourself. It also gives you control over the quality and focus of your book.
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Lulu xPress and Blurb are popular platforms for creating, ordering, and distributing your own books as 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 prices go down when you buy more. Think before selling or raising money for your book to make sure there is demand and guarantee a certain number of sales so that you feel confident to make a large order.
Starting your own blog can be a great way to monetize a blog if you have or are looking to start one.
Digital products such as music, courses, podcasts, and templates are different on this list of small business ideas to invest in. Unlike others, they are not touchable. There are no recurring manufacturing or shipping costs to worry about, so your margins can remain high, making it a no-brainer to become one of the best businesses to start.
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The trick is figuring out what makes for a good digital product. What is so useful that people want to pay to get it?
Solutions range from basic tools to photos that can be licensed to other developers to information products and templates that help people improve their skill sets in a particular field.
If you have a talent that can be turned into a digital product, consider tapping into a new revenue stream.
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If you’re interested in art or know your way around a camera, you can drop by using a print-on-demand business model to let others own a share of your work. Just make sure you have the rights to what you want to publish or if you are using public domain assets you can make money for free.
If you already have a busy online following – say you’re a cartoonist or urban photographer – you’re in a great 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 many low-cost digital templates and mockup generators like Placeit that you can use to display your products without printing each item and making your own photos.
In our free 40-minute video workshop, we take you from product strategy to setting up an online store to get your first print-on-demand sales.
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Having a responsibility to go along with the business and set aside some profit for a cause gives social entrepreneurs a unique way to market their company while addressing the issues they care about the most.
While many social enterprises offer their original products, you can also take any of the low-cost small business ideas above and join a non-profit or do good in the community with your own hands, as long as you are transparent about it. how it works.
As part of your marketing, you can share how your customers are doing and supporting your business, such as a blog post covering your work in the community or a real-time impact calculator on your website.
TheGive & Grow app makes it easy to connect with charities and integrate your mission into your business. You can set yourself up to donate a certain amount or part of the sale, or ask your customers to add a donation at checkout.
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Offering services isn’t just a hobby, but it can certainly be a lucrative way to work for yourself. With service-based small business ideas, “time” is your calculation and your biggest investment. You only have a few hours in your day. However, that makes it easier to get up and running if you have the required skills.
Writers, graphic designers, real estate agents, SEO practitioners, cleaning service providers, dog walkers, real estate professionals, and more can build a business around their expertise. You can offer this skill as an ongoing job or start a consulting business that provides advice on projects.
It is one of the best business opportunities because it can be enhanced with any of the other strategies above to create additional income streams by “creating” services through physical or digital assets.
A photographer, for example, can save a local event while selling prints online through their Instagram account. A freelance writer can sell a
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