Top 10 Small Business Ideas Uk – With so many business ideas in 2023, it can be hard to figure out which ones are worth pursuing.
Although jumping into a new trend can sometimes be risky, it can also be very rewarding. You may have noticed that many of the ideas on this list have been growing in popularity recently. Others have been popular for a long time, making them more competitive but less risky. However, all of the small business ideas below will help you make money.
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If you are wondering what business to start, this list is for you. According to small business statistics, one of the biggest motivations for opening your own business is being your own boss. Being a business owner gives you the freedom to work when, where or how you want.
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Do you want to work on a beach or at your grandma’s house? Wow, no one is going to stop you or question you. This is the dream life that many people hope to live one day, and thanks to some great business ideas, achieving that lifestyle is within your reach.
Are you looking to sell products online but don’t have the money to buy and store inventory? Consider dropshipping! Dropshipping is an e-commerce business model where you don’t have to manage any physical products.
All you have to do is set up an online store and partner with suppliers who are ready to store, pack and ship orders to your customers. There’s no need to spend hours researching products, because you can use dropshipping apps like Automizely to find great products to sell.
Check out this Shopify dropshipping course to learn more about selling online without inventory. If you’re looking for easy-to-find online business ideas, you’d be hard-pressed to find anything that beats dropshipping. It’s one of the easiest businesses to start if you have access to the right tools and resources.
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The main reason people are often attracted to dropshipping is that you don’t have to keep inventory. However, if maintaining inventory isn’t a problem (maybe there’s enough room in that spare closet), you might want to consider buying products in bulk.
Online marketplaces like Handshake allow small business owners to find unique, high-quality products and build lasting relationships with suppliers. It’s worth checking out as a dropshipping add-on if you already know what you want to sell.
Print on Demand (POD) is when you sell your own custom designs on items like phone cases, mugs, and t-shirts, but you don’t actually print the artwork. Instead, you partner with suppliers who print your design on the product, even package and ship the item to your customer, so you don’t have to worry about logistics. In addition, you only pay once the products are sold. No sale equals no costs.
One of the fastest ways to get started is to create a Shopify store and install a POD app like Printify. In terms of marketing, partnering with Instagram influencers to promote your POD items is an effective way to reach your audience. To assess whether print-on-demand is the right choice for you, watch our video where we engage in a healthy debate with Wholesale Ted (a print-on-demand company).
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Multilingual people are always in demand, so if you can speak two or more languages, consider starting a small business where you can monetize those skills.
You can find clients on Upwork and Flexjobs and build your portfolio little by little. As you successfully work with more and more companies, you can hire more translators who specialize in other languages to take things away from you. It is also a good idea to promote your business on social media websites as it can help you reach a wider audience.
Do you only have a few hours to spare each day? Translation is one of the best side business ideas to pursue as it allows you to schedule your clients based on when you are available to work.
Flipping websites is among the new business ideas that have excited everyone from work-at-home parents to recent graduates. It involves buying an existing website, improving its design and content, and then selling it for a profit.
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There are quite a few places where you can buy and sell websites for profit. Shopify’s marketplace, Exchange, for example, allows you to buy e-commerce websites that you can further enhance through content marketing, SEO, and other tactics. Once your site starts generating more income than when you first purchased it, you can put it up for sale on the market.
If you have a knack for cooking and see it as a creative outlet, you can earn a decent income by opening a home-based catering business.
The initial investment depends on how big you want the setup to be. For example, if you start with smaller events that you can handle on your own, you should be able to start your business for less.
Most home caterers start by creating a website, experimenting with local food markets, or joining platforms that allow cooking experts to get some profit from their culinary skills.
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It can be difficult to keep up with a furry friend, especially high-energy breeds with limited access to the outdoors. As a professional dog walker, you will help community pet owners keep their dogs happy, healthy and well-exercised.
Dog walking requires no initial investment other than marketing and business liability insurance. This will protect you in case of accidents, bites or unexpected demands. It’s a good idea to charge prices that reflect insurance costs, averaging between $30 and $60 an hour.
You can establish a presence for your dog walking business on multiple platforms, including Wag! , Rover and Care.com . Offer promotions for new customers and build a positive reputation by asking for reviews from those you’ve worked with in the past.
One of the most successful business ideas is to offer virtual assistant services. Everyone, from large corporations to solopreneurs, needs help with the day-to-day running of their business. You can use your excellent organizational skills to take some of the weight off them.
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Of course, you’ll pay for the time and effort you put into answering emails, scheduling meetings, and performing other administrative tasks.
You can get your first clients by answering listings on platforms like FreeUp, PeoplePerHour or Virtual Assistant Jobs. This is a proven business model, as people are always looking for efficient virtual assistants.
Do you often get compliments on your eye for fashion trends? Are you someone friends and family come to for clothing advice? Personal shopping can be a business that builds on those skills.
Personal shoppers find clothes for customers who don’t have time to shop for themselves. Homework involves assessing your client’s wardrobe, visiting websites and choosing items that suit them. There are all kinds of products in different online clothing stores, so you don’t necessarily have to shop offline to start this business.
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Also, you don’t need to have any special certification or degree to become a personal shopper. If your interests lie in low investment business ideas, personal shopping may be the ideal route to consider.
Contrary to popular belief, it is entirely possible to make car detailing a full-time business. The average auto detailing profit ranges from $50 to $400 per vehicle, which means you could make a healthy profit if you find consistent customers.
The key to success in the auto detailing business is marketing. You will need to spread the word about your services through a website or social media platform and also encourage regular reviews. Try offering discounts for new clients or package deals for those who commit to multiple sessions.
All you need to get started are cleaning supplies and a driveway. You may consider getting certified through the IDA or taking a craft seminar to improve your skills.
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If you are an expert in art, math or other subject, you can start online tutoring business. An essential prerequisite is to have a bachelor’s degree in the subject you intend to teach.
You can find online tutoring clients on sites like Skooli and Tutor.com. For the best results, always teach subjects related to your area of expertise, because you will be able to share your constructive skills and knowledge to improve the knowledge of your students. You can lecture and interact with your students through Zoom, making online tutoring one of the easiest online businesses you can start.
Greeting cards are always in fashion, so if you have a good eye for design or simply love to display your artwork on physical items, this is one of the best creative business ideas for you.
Before you start looking for clients, you’ll need to have a handful of designs ready. Tools like Photoshop and Canva make it easy to create custom card designs. In addition, you will need to stock up on the materials needed to create greeting cards (ink, paper, etc.).
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Pro tip: If you want to keep costs low, consider buying your supplies in bulk. Once you have the inventory, you can start generating income by marketing your business
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