Startups

30 Profitable Businesses For Beginners

Small Businesses For Beginners
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If you having a hard time deciding on a startup idea this year, I have 30 profitable small businesses for beginners to choose from. These ideas are not new. They are proven and tested small businesses for beginners who want to start earning income right away.

These small businesses are for beginners. Their potentials may not be big but they can turn your financial fortune around. There are some you may be able to start with little startup capital.

Why Start A Business?

In the article starting a business, The Balance Small Business website gave 10 steps for starting a business every startup should know. Some of the most popular reasons it gave for consideration when starting a business includes:

  • Having a unique business idea
  • Designing a career that has the flexibility to grow with you
  • Working toward financial independenc
  • And investing in yourself

If you gauge these reasons you won’t wonder why small businesses are everywhere.

However, a lot of people still don’t understand if there’s any difference between a startup and a small business. Knowing the difference can help during each of the stages of business.

A startup is often defined as one of the developmental stages of a company. For example, startups are innovative in nature. It aims at crating new things. But for small businesses it straight out of the box ideas.

The Best Businesses For Beginners

Knowing what small businesses stands for it helps to dissuade the label of startup for every small business. So, we are not looking at innovation or fast scalable opportunities here, but simple, sometime competitive opportunities.

So, nothing is new. All the small businesses for beginners here are already existing and proven business models. You will have no problem starting them or finding someone who already operates one for help or guidance.

Also, you might choose the apprentice option to get the necessarily up to date knowledge of the market before setting up your own shop.

{1} Food Truck Business

One thing about starting a food truck business is knowing all there’s to know about the business. Although it goes with a whole lot of benefits than operating from a rented space, it’s challenges are also unique to the business.

Here are a few benefits of food truck business over regular restaurant:

  • It Requires Low Initial Investment.
  • It Involves Relatively Low Operation Cost.
  • It Attracts More Customers.
  • You Can Experiment with Location.
  • It Allows You to Build and Expand Your Brand.

{2} Online Tutoring Service

Online tutoring service involves one-on-one with the tutor in an interactive, digital classroom. It uses real-time or recorded video lectures for easy and direct communication and sometimes an interactive whiteboard for uploading documents, plotting functions, or working out equations.

{3} Tea/Coffee Shop

A coffee shop can be extremely profitable if you do it right. You may need to pass by any busy coffee shop and it will likely be full of customers enjoying coffee, espresso, lattes, teas, and other varieties of Pastries.

{4} Cooking Classes

There’s huge potential in cooking class business. You could start as one-on-one instructor in a student’s home kitchen. That’s the fastest way to start without capital. Your student could be someone interested in home classes on how to cook particular native food.

It would serve as a starting point until you could afford the ambitious of a fully outfitted and licensed facility.

{5} App Developer

An app developer primary responsibilities include creating, testing and programming apps for computers, mobile phones, and other types of electronic devices.

To become a mobile app developer you will need to learn coding as your first option. It’s not a standard requirement for everyone, but it will be the best route. Learning to code will give you an edge over developers who don’t know coding.

{6} Ice Cream Stand

You can start a small business that sells the most ice cream brands along with beverages and other treats. You will need to connect with suppliers and distributors, and order large batches. You can either rent an ice cream truck or rent space to sell your products.

{7} Product Reviewer

Most reviewers are product testers. They are usually hired by marketing firms for companies launching new products. Their job includes to evaluate and provide feedback on items before they hit the shelves.

How to write a good product review:

  1. Use the product or service first to have user experience.
  2. Look for an appropriate forum to publish your reviews.
  3. Identify the most relevant problems and the promises made.
  4. Describe the product specific uses.
  5. Deliver a verdict.

{8} Web Designer

A web designer understands what is needed to make a website functional and easy to use. And also to make it aesthetically appealing to the user.

However, a web designer and a web developer are not exactly the same. Web design deals with both the aesthetic portion of the website and it’s usability. While Web Developers transforms a website design and actually make a functioning website from it.

{9} Home Food Delivery

The idea of delivering restaurant meals to the home is a good business proposal. However, it undergoing rapid changes too. Online food delivery services are taking over most of the demands. One have to consider how your customers would be ordering the meals before deciding on the food delivery business model.

{10} Digital Marketing

Digital marketing is attracting potential customers to your website or if it’s a blog. And then encourages them to buy your products. SEO or PPC are two campaign types to attract target audience to your website and capture leads or encourage them to buy from you online.

Here is a look at some of the skills to help you become a digital marketer:

  • Data Analysis
  • Writing and Editing Skills
  • SEO and SEM Skills.
  • Listening Skills.
  • Email Marketing Skills
  • CRM Skills.
  • Social Media Skills.
  • Paid Social Media Advertising Skills.

{11} Interior Design

Interior design is the art of making interior spaces functional, and safe, and more beautiful. You determine the space requirement and select decorative items, like colors, lighting, and materials.

{12} Makeup Artist

Makeup artist work is beyond just knowing how to apply makeup on the face and other parts of the body. Your job is to enhance a person’s appearance, to bring out their color and beautiful features, while hiding or smoothing out their flaws. It’s a domestic technique to create beauty on the human body.

Required Skills As A Makeup Artist:

  • Communication skills.
  • Working under pressure.
  • Time Management.
  • Hairstyling skills.
  • Detail Orientation.

{13} Photography

The idea of photography is for you to create images that are naturally more pleasing to the eye. It’s a practice of creating durable images by recording light or electromagnetic radiation, using the camera technology.

Key Photography skills:

  • Creativity.
  • Technical photography skills.
  • Patience and concentration.
  • Attention to detail.
  • Strong networking skills.
  • Team working skills.

{14} Home Decor

There is difference between home decoration and interior design. But both can be combined and done as one job. However, the difference lies in their job description.

An Interior design creates functional spaces within a building. While home Decoration furnishes or adorns the space with fashionable or beautiful things. But interior designers may also decorate, but decorators do not design.

These accessories include such items as curtains, sofa sets, cushions, tablecloths and decorative craft products, decorative wrought iron, and so on. These items are commonly used in indoor furnishings and layout and can include cloth items, paintings, and plants.

{15} Currency Trading

Currency trading or forex trading is buying and selling currencies for the purpose of making profit. It’s always involves two currencies at any given time. The price of one currency is linked to the price of another currency in a trade.

The currency market works like any other market, like the stock, bonds or commodities markets.

{16} Event Planning

According to International Institute of Event Management: Event planning is the management of projects such as a meeting, convention, tradeshow, ceremony, team building activity, party or convention.

Skills needed to become an event planner:

  • Organizational Skills
  • Networking Savvy
  • Resilience and Adaptability
  • A Basic Understanding of Events
  • Unbridled Creativity
  • Dedication to Client Service

{17} Fast Food Joint

The business model of fast food joint is the ‘speed of service’ at which customers get the food served upon request. Ideally, the food are already mass prepared before customers are allowed to come in and order.

Steps to Open a Fast Food Joint:

  1. Choose a Concept and Brand.
  2. Form Your Menu Items.
  3. Write a Business Plan.
  4. Raise Funds
  5. Choose a Location and a Lease
  6. Get Permits and Licenses
  7. Purchase Cooking Equipments
  8. Find Food Item Suppliers
  9. Design a Restaurant Layout

{18} Pet Business

One of the ways to start a pet business is joining the upscale pet-products Retail stores. The model is simple, you buy products from a wholesaler, markup the price and sell them in your own store. And if you are the Wholesale outlet, you supply products to boutiques and retail stores. And that includes online stores.

The Best Pet Businesses:

  • Pooper-Scooper Service
  • Pet Photography
  • Dog Clothing and Accessories
  • Pet Sitting
  • Dog Day Care
  • Dog Obedience Training
  • Dog Walking Service
  • Tropical Fish and Aquarium Rental
  • Pet toys
  • Gourmet Pet Treats

{19} Chatbot Creator

Chatbot has changed the way customer service and interaction happens online. With chatbots, hitting potential customers is easy by offering required information irrespective of the day or time.

Benefits of using chatbots includes saving time. It provide fast, automated answers to most questions. And customers are prevented from waiting a day or longer to receive responses for their enquiries.

{20} Day Care Business

A day care business care provides care for infants and toddlers, preschoolers, and school-aged children, either in their own homes or in a center-based facility.

Steps To Start a daycare business:

  1. Plan your Business
  2. Form a legal entity
  3. Open a business bank account
  4. Obtain necessary permits and licenses
  5. Define your brand
  6. Establish your Web Presence

{21} Content Creation Service

The content on your site tells your visitors who you are. It also encourages them to browse your site and works to know more about what your company is offering. A content creator is hired to help design and write good website copy.

Steps to Become a Content Creator:

  1. Read news about your industry every day.
  2. Write on the regular.
  3. Establish a unique voice.
  4. Understand your KPIs.
  5. Network with other creators
  6. Study your audience.
  7. Offer solutions

{22} Landscaping

A landscaping business involves residential work on lawns or private work for commercial enterprises. Others like public landscape works to keep golf courses groomed or work in parks.

Mowing of side road and upkeep of flowerbeds are also part of landscaping business.

Types of landscaping businesses:

  • Lawn mowing/maintenance.
  • Landscape care/maintenance services.
  • Landscape design/contracting services.
  • Weeding or fertilizer and/or pest control application.
  • Landscape architecture services.
  • Sod installation/hydroseeding.

{23} Dance Studio

There are two ways to generate income from a dance studio. One is to rent out the studio space to dance instructors. The other one is to employ an instructor and collect class fees from dance students.

Steps to promote a dance studio:

  1. Market your brand
  2. Online registration
  3. Send out Flyers
  4. Collaboration with platforms with target market
  5. Set up a referral program
  6. Offer free classes.

{24} Gift Wrapping

Starting a gift wrapping service might be challenging if you don’t understand your audience, what they need and where they need it. You might be better off locating inside a large shopping mall during holidays or special seasons.

If you so good at wrapping, you could also offer personalized services for corporate clients and weddings.

{25} Music Studio

A recording studio specializes in sound recording, mixing, and audio production of instrumental or vocal music, it’s performances, spoken words, and other sound works.

Services Provided By Recording Studios:

  • Digital Audio Post Production
  • Remote Recording
  • Voice Over
  • Multi-Track Recording / Mixing / Editing
  • Music Production
  • DVD Production
  • Mastering
  • Archiving and Restoration
  • Live Drum Tracks
  • Sound Systems

{26} Clothing Boutique

A clothing boutique is a small store that sells stylish clothing, jewelry, magnets or other usually luxury goods. The mainstay for starting a clothing boutique is your store location, target market, style selection and marketing.

How to start Clothing boutique:

  1. Planning your clothing boutique
  2. Decide on the location for your boutique
  3. Pick a name you love—and can live with
  4. Create a cohesive aesthetic style
  5. Develop your boutique’s unique brand
  6. Make your products stand out
  7. Decide where you plan to source your products
  8. Use brand ambassadors to your advantage

{27} Travel Planner

If you love travel and enjoy the planning process, you might consider becoming a travel planner or agent. There are resources to help you work through the process of starting your own travel business.

Steps to Become a Travel Planner:

  1. Create a plan for your travel business
  2. Conduct market research
  3. Develop a brand
  4. Deal with the legal side.
  5. Determine your funding strategy
  6. Choose a location and hire employees
  7. Market and launch your business.

{28} Homestay Business

Homestay is a popular form of hospitality and lodging. Here, visitors share a residence with a local. Other type of homestay is Farm-stay, in which the visitor stays on a working farm.

Steps To Start Homestay Business:

  1. Get necessary permissions and approvals
  2. Prepare basic amenities
  3. Take good photos
  4. Accept online bookings
  5. Creating engaging promotion

{29} Yoga Studio

Once the plan is to open a yoga studio, it would require you to undertake a tremendous amount of work. You will need to build a reliable team. Hire a team who understands and share your passion for yoga.

The yoga market is a massive opportunity. It has dreamt demand and growing in popularity.

There are 14 Opportunities In Yoga Business you can start:

  1. Single-Teacher (Owner Operator)
  2. Enterprise (Several employed teachers)
  3. Shared Yoga Studio
  4. Non-Franchised Studios
  5. Franchised Studios
  6. Dance Studios
  7. Multi-Purpose Halls
  8. Gyms/Fitness Centers
  9. Home Studios
  10. Spas
  11. Resorts
  12. Rehabilitation Centers
  13. Parks
  14. Beaches

{30} Bakery Business

A bakery is an establishment that produces and sells flour-based food baked in an oven. The finished products includes, bread, cookies, cakes, pastries, and pies.

Steps to Start a Bakery:

  1. Write a Business Plan.
  2. Obtain Loans and Startup Capital
  3. Leasing a Commercial Space
  4. Permits and Licenses
  5. Design the Layout
  6. Order bakery Equipment
  7. Hire and Train the Staff
  8. Plan your Marketing and Advertising Strategies

Conclusion

Among these 30 profitable small businesses for beginners, you can pick anyone that you want to start this year. Although you may have a hard time selecting by the time you read more details about each business opportunity.

However, you should get more details about each business you decide to start. Having more details would give you better insight about the potential, startup requirements, challenges and how to start profitably.

Chinedu David
Chinedu David is a business consultant, trainer, marketer and strategist. I founded Mystore, an eCommerce business in 2013. I have a vast experience in eCommerce, digital marketing and startup consulting. Having worked with SuccessDigest newspaper for over 10 years, as a telecom editor. You can contact me by phone, email or social media. You can also reach me via email: nedu@myblog.com.ng or Call/Text/WhatsApp: 07087770518
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