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Contrary to popular belief, there are actually many ways to start a business that allow you to focus less on logistics and upfront costs and more on getting your ideas off the ground. Let’s get over the first major mental hurdle “I want to start a business but I have no ideas”.
These 26 small business ideas are a great starting point for startups, startups, or anyone with a busy schedule and let you get down to business without having to give up everything.
To help you find inspiration to get you started, we’ve compiled a list of 100+ in-demand business ideas, broken down into categories like fitness, apparel, and gaming.
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Regardless of the type of business you run, you’ll need a good domain name (use our free domain name generator) associated with a great brand logo and representative.
Buy inventory, store, pick, pack, ship. Inventory management is a big responsibility when running a business.
Dropshipping is a simple business idea to start with a low cost and is the first of our good business ideas. Dropshipping is a fulfillment model where a third-party supplier stores and ships inventory to customers on your behalf. It’s one of the best businesses to start because it’s low-cost, hands-free, and scalable.
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You don’t have to handle any products yourself – you just need to make sales and pass orders to your supplier. In fact, it is one of the fastest and cheapest businesses to start.
You can curate products from one or more vendors into your own online store under a theme that focuses on a specific niche, such as gear for yoga enthusiasts 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 own marketing and customer support.
There are local and international suppliers that you can work with, as long as you can build a relationship with them built on trust – an unreliable supplier will reflect badly on your brand.
Dropshipping is a great way to test a product’s market fit and start a business before investing in your own original products. Just be sure to always order a sample for yourself to ensure that your supplier is reliable and that the quality of the product is suitable to sell to your customers.
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Another dropshipping model, print-on-demand puts inventory, shipping and fulfillment in the hands of a third-party supplier. But unlike the dropshipping business idea above, the focus here is on customizing products with your own design to create something original.
T-shirts, hats, phone cases, hoodies, skirts, bags and more become canvases for your creativity. You can come up with witty slogans for developers or references that resonate with cat owners – if there’s passion and pride in the community, there’s a potential t-shirt business you can start.
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Even if you’re not a designer, you can find one to work with using freelance websites like Fiverr, Upwork, Dribbble, or 99Designs.
With many print-on-demand services, you pay per product, so the base price per unit will be more expensive than if you ordered in bulk. But the advantage is that if a particular t-shirt design doesn’t sell, you haven’t actually paid for the item yet (just the design, if you ordered it).
You can even use t-shirt mockup templates so you don’t have to spend extra money on a full photo shoot for each new design.
There are a number of print-on-demand platforms you can work with, many of which can be integrated into your shop for seamless order fulfillment. However, always order a sample of your product (which is often offered at a discount) to make sure your custom products look good.
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A book is just another type of product when you think about it. As such, you can create it to meet a specific market demand.
Cookbooks, picture books, comics, poetry books, photography books, coffee table books and novels – if you have the knowledge or the creativity, there are a range of original books to bring to market. The possibilities are endless – that’s why it’s one of the best small business ideas to get started.
Print-on-demand is a relatively safe way to test the waters and start self-publishing. It also gives you control over the quality and appearance of your book.
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.
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Although you can order one book at a time, costs naturally go down when you buy in bulk. Consider pre-selling or crowdfunding your book idea to ensure demand and guarantee a certain number of sales so you can feel confident when placing a bulk order.
Starting your own book can be a great way to monetize a blog if you have one or want to start one.
Digital products like music, courses, podcasts and templates are unique to this list of low investment small business ideas. Unlike the others, they are not tangible. There are no recurring manufacturing or shipping costs to worry about, so your margins can stay high, making it once again a no-brainer for one of the best startup businesses.
The trick is to discover what makes a good digital product. What is useful enough that people are willing to pay to download it?
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The answers range from original instrumental beats to photos that can be licensed to other creators to informational products and templates that help people improve their skills in a particular field.
If you have talent that can be turned into a digital product, consider packaging it into a new revenue stream.
Has a free Digital Downloads app that allows you to offer digital products in your store as easily as physical products.
If you’re artistically inclined or know your way around a camera, you can deliver using a print-on-demand business model to allow others to physically own a piece of your work. Just make sure you have the rights to the content you want to print, or that you’re using public domain assets that you’re free to monetize.
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If you already have an engaged online following—say, you’re a cartoonist or urban photographer—you’re in an especially good 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 inexpensive digital templates and mockup generators like Placeit that you can use to display your products without having to print each item and conduct your own photo shoots.
In our free 40-minute video workshop, we’ll guide you from product idea to setting up your online store to your first print-on-demand sale.
Having a mission that aligns with business and donating some profits to a cause gives social entrepreneurs a unique way to position their company in the marketplace while addressing the issues they care about most.
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While many social enterprises offer their own original products, you can also take any of the above cheap small business ideas and partner with a nonprofit or do it yourself, as long as you’re transparent about how it works.
As part of your marketing, you can share the impact your customers are having supporting your business, such as a blog post covering your community work or a real-time impact calculator on your website.
The Give & Grow app makes it easy to partner with charities and incorporate your mission into your business. You can set it to donate a certain amount or percentage of sales, or ask your customers to add a donation at checkout.
Offering services is not passive, but it can certainly be a lucrative way of self-employment. With service-based small business ideas, “time” is your inventory and your biggest investment. You only have a limited amount of hours in the day. However, it makes it easier to get up and running if you have the skills that are in demand.
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Writers, graphic designers, virtual assistants, SEO practitioners, cleaning service providers, dog walkers, real estate professionals and others can build a business around their skills. You can offer this