Thinking of Good Business Ideas

For example, if you own a family-sized house but you live by yourself, it’s always possible to turn it into a Bed and Breakfast for your local area. This is a particularly good idea if you know you live in an area with a lot of tourists, or your town or city often sees people coming through on business. All you will need to do is write and edit your book , publish it on a website such as Kindle, Lulu, or Smashswords, and market it on your own website or on the platforms you’re using to sell it. If you choose the latter, however, you must be sure to get as many good reviews as possible. This allows your book to climb the platform rankings and persuades more people to try out your work.

  • It’s great for turning a profit and you will get to meet new people who might turn into great friends.
  • Depending on your area of law you will also want to create basic legal documents that can be amended for the majority of client needs.
  • The ease of selling through platforms like Etsy and eBay means new retailers can get their businesses up and running quickly.
  • If you have in-depth knowledge of a particular subject, you can provide offline and online training to companies whose staff require training or development.
  • Many new top-level domain names have been released in recent years (.inc, .dev and .is are a few), meaning there is now a new opportunity to purchase popular common term domains and sell them for a profit.

There is very little cost involved in setting up this business, although you might like to take a course in pet first aid or even animal behaviour. A collection and drop-off service is probably going to be essential, particularly if owners are travelling to and from work and cannot guarantee a time to be in. This is definitely a job for someone who likes walking and the outdoors, and an obvious choice for an animal lover. This is not an easy job either, so make sure that you are fit and healthy enough to take on responsibility for other people’s children. If you’re renting you might also need to check whether you can operate a childcare business from the property before setting up shop. Childcare is one of those services which are always going to be in demand as there is no shortage of working parents in the UK.

Rent out your unused parking space

Additional details about the events, people, and places in your book, with Wikipedia integration. If you know you want to start a business but haven’t had that lightbulb moment of inspiration, don’t worry. We sometimes goodtimebob.com use affiliated links which may result in a payment following a visitor taking action on an external website. The user experience shouldn’t be any different, and such links do not affect our editorial decision-making.

A computer repair service is one of the more profitable small business ideas however it can also be incredibly time consuming due to the amount of information you will need to learn. No issue is ever the same when it comes to computers breaking down, that’s why you will need to study and learn about a wide variety of software and hardware to make sure you are prepared for any customer. The beauty of creating a business that offers cleaning services is that it’s incredibly versatile and can grow at your own pace. You can choose if you would like to offer your services to commercial or domestic clients and you can easily manage your workflow from the amount of contracts you have in place. There is also very little in the way of start up costs, marketing is usually irrelevant in this line of work as you will mostly get clients from word of mouth recommendation. Creating a drop-shipping business is similar to affiliate marketing, the whole idea behind it is to be able to source a product to sell without actually handling it.

Is your business idea viable?

The majority of IT problems in the home and business environments are the result of software issues or errors . This software focus means you’ll only need a small amount of specialist equipment to get going. Most local IT support contractors operate out of their own homes and in the case of software/virus issues go to a client’s property to fix the problem.

How to pitch a business idea

Longer-term you can also reach out to marketing departments at small and large companies offering your copywriting services. The process of dropshipping is where you list supplier products on your online store or selling platform without purchasing the stock upfront. With this supplier you have an agreement that when you a customer orders you will purchase the product from the supplier and the supplier agrees to deliver the product to the customer . You’re still selling products without the inventory requirements but you control the buying process. Developing a strong content plan will be key to your success and take at least 2 to 3 weeks.

If you’re a maker—whether you DIY soap, candles, sauces, or pottery—you’re in a unique position to find a small business idea, because product development and procurement are literally in your hands. If you love fashion and sharing your sense of style online, you can consider creating your own online fashion boutique. You don’t need to become a fashion designer—you can simply curate items from other vendors into your own online store . You can also offer your services through a freelance marketplace like Upwork to increase your chances of getting discovered by the people who need your skills. These 26 small business ideas, make a great entry point for beginners, bootstrappers, or anyone with a busy schedule, and let you pick up a side business without having to drop everything else. Read our guide to starting a cake and baking business for the key steps you need to follow.

Whether it’s queueing outside a venue for tickets or waiting on the phone tofinally get through to a member of staff, you can profit from enduring the misery on somebody else’s behalf. Then head to a marketplace, like GraphicRiver, and sell them for a recurring income. You may need to sell a few copies before you break even, but once you do, it’s all profit from there on out. Evenings and weekends are the ideal time to deliver McDonald’s and beer combos, while in the mornings you could bring people their coffees, newspapers or train tickets. Starting your own delivery service is just one of the many ways to make money from walking.