13 PROFITABLE SMALL BUSINESS IDEAS THAT ARE EASY(AND CHEAP) TO START
Hello guys today I am talking about 13 Business Ideas that make you rich. So, before I start writing I tell you my name is Tazim Aslam and I'm a professional Blogger. And in this article I cover everything that you need to know.
Before I start telling you Business Ideas lets make your niche.
A small business is defined as one that employs fewer than 500 people. According to statistics, there are about 28 million small businesses in the United States alone.
That number is probably much higher when you account for people who make money freelancing and trading on their skills without filing “Articles of Incorporation.”
It is safe to say that small businesses are the thing that drives economies and puts food on a majority of tables. In the U.S alone, small businesses employ up to 50% of the working population; that is well over 120 million people!
This goes to show you just how integral entrepreneurship is in our society today.
The Benefits of Starting Your Own Business
Job security: Creating your own small business offers you the ability to live without fear of downsizing, firing, and layoffs that have become increasingly prevalent in the corporate world.
Spare time and freedom in scheduling: While entrepreneurs will undoubtedly be faced with a plethora of tasks, responsibilities, and duties taking up the majority of their time, these individuals can freely choose when they need spare time and the type of work schedules and hours they desire.
Opportunity to become an expert at something: The more you learn about your business and how the business world works, the more you will increase your ability to spot and take advantage of other opportunities that come your way. Being an expert in a given field opens up many other doors for your personal and financial growth.
Opportunity to learn other skills: As a business owner you will need to learn things like social media marketing, content marketing, and customer service. This only serves to increase your skill set repertoire.
Lets Talk About 13 Best Business Ideas
- Sell Your Crafts Online
There are platforms such as Shopify and Etsy that allow you to sell anything you want online. If you are good at creating things such as sweaters, clothes, or art, then you can host them on Etsy and advertise them for people to buy online. On Shopify, you can literally build a digital storefront where you can sell a wide variety of wares.
Create high-quality products
Create high-quality content to lure the traffic
Deliver on your sales to get great reviews
Professional Blogging
Technically speaking, about 1,000 websites are created every minute and hosted online. While that may seem like a huge number, the truth of the matter is that most of these websites do not offer the kind of value that readers like and want to be associated with.
Only a handful of the blogs online today give readers the kind of evergreen content that they keep coming back to; content that binds them to that blog and makes them lifelong readers and customers.
- Get into Affiliate Marketing
Have you ever wondered how companies such as eBay and Amazon make their money? Yes, they sell things online but how do they get their traffic? They use affiliate marketers.
Affiliate marketing is the art of harnessing online traffic and redirecting towards a certain platform or product and making a commission every time someone buys that product or from that platform using your affiliate link.
- Become an SEO Expert
As an SEO expert(Search Engine Optimization), your primary job will be to help websites rank higher on search engine results pages. SEO is one of the most critical factors that affect web traffic. To reiterate just how important this is, studies have shown that falling below position 5 on Google’s first page removes about 75% of all the potential traffic your website might have got had it been higher. In fact, being the number one link on Google’s first page gives your website a third of all the potential traffic directed towards your specific keywords on Google.
- Internet Research
This line of work applies to those who are interested in learning new and diverse things online. However, to make money as an internet research assistant, you need to carve out a highly specific niche – one that is willing to pay you to find out information that cannot be easily found by a simple Google search. Notable examples of the kind of services you could offer include things like:
- Digital Media Conversion Service
About 12 years ago, there were more than 5,000 Blockbuster stores in the U.S. While there are still about a dozen Blockbuster stores left open, these are expected to close down as digital media streaming takes over the market.
The fact that those 12 stores survived this long at all is a testament to the fact that there still is a fraction of the population that still loves VHS and are willing to rent their movies from a store like they used to in the good old days.
- Internet Technology(IT) Support
Internet Technology support services remain in high demand, particularly with the older clientele. Keeping up with the ubiquitous use of technology, senior citizens are often the proud owners of a personal laptop, cell phone, printer, and an array of other electronic devices.
However, they are often confused about how to set up networks, sync their devices, and even operate some of the equipment they own. Internet Technology support services readily answer the needs of these seniors and everyone else who may be unfamiliar with tech equipment. You could start a mobile tech support company that conveniently makes house calls.
- Graphic Design
Are you exceptionally skilled at software such as Indesign, Illustrator, and Photoshop? If the answer is yes, then you are an in-demand individual who can go into business serving a broad base of clientele including individual business owners, groups, charities, and corporations.
While our population has grown by leaps and bounds regarding familiarity with personal technology, graphic design software has, for the most part, remained little understood by many.
- Social Media Management
Social media managers are a relatively new occupation that has experienced incredible growth over the last part of the decade. The immense post-millennial population that exists today in our country were essentially raised on social media. Keywords such as Myspace, Facebook, and Yahoo readily became part of a child’s lexicon at exceedingly early ages.
As those millennials have grown into teenagers and young adults, they have effectively joined the consumer base of the economy. Millennial consumers expect the businesses they deal with to not only have a robust social media presence but also to be able to partake in any customer service issues via a readily responsive social media avenue.
- Advertising Management
The online business environment is highly competitive. With most readers and potential customers having a 3-second attention span, not only do businesses have to create attractive and useful content, but they also need to find ways to drive traffic to their platforms. More often than not, this requires paid ads from substantial search engines such as Google and platforms like Facebook.
But just because a business can pay for ads does not mean that they will get value for their money. That is why they often need to turn to a professional who knows how to manage and drive the most useful kind of paid traffic to their websites. Understanding things like:
- Professional Webinar Business
Webinars present online marketers with a platform to interact and engage with an audience that is more than willing to purchase whatever it is they are selling. While creating a webinar business might sound like a fool’s errand to many, before you dismiss it, you should keep this in mind. Jason Fladlien, one of the most successful webinar hosts and co-founder of Rapid Crush, has made well over$100 million selling things on his webinars alone.
- Self-Publishing eBooks
Writing a book is no longer as long-winded, boring, and difficult as it was in the past. Today, you do not have to deal with a multitude of publishing agents with stringent barriers to entry and almost no advances to offer you. If you have a flair for writing and would love to publish your own ebooks online, you can easily do so through Amazon.
While writing a book might not be everyone’s cup of tea, there are guides and lots of advice online that can help you get started. In fact, you don’t even have to write the book yourself. You can simply hire a ghostwriter to do it for you! It is actually not the writing itself that is the problem(although you have to provide people with something that they would enjoy reading and gain from in general) but in the promotion of the book. It is the marketing aspect of it that often gets most self-publishers out of the money
- Become a YouTuber
Don’t worry, even if you are camera shy you can still make money from hosting videos on YouTube. Video is quickly becoming an integral part of online interaction and content dissemination. From trends like Facebook Live to Instagram Videos and Snapchat Stories, using video is extremely easy and very likely to earn you an audience – provided you give them what they want.
Here are a few tips on how to earn with YouTube:
Promote affiliate products through video on YouTube(you can do this by making videos on how best to use a certain product).
Create a web TV series or podcast on a popular subject.
You can become a YouTube personality like PewDiePie and earn millions in merchandising, views, and public appearances.
Monetize your videos by joining the YouTube partner program.
Give tutorials on a subject you love or are an expert in like makeup application.
Once you have found your niche and have flooded your channel with awesome videos of high content value and quality, the only thing left is to start promoting that channel and those videos. It is approximated that 1,000 views can earn you up to$4. Now imagine if any one of your videos gets hundreds of thousands or even millions of views!
Thank you so much for reading my Blog. Hope it will help you for building your business.
Just Final Thoughts
While those listed here are some of the best business ideas in the current market environment, finding one that suits you really depends on your interests and who you are as a person.
The trick is to find something that has a readily available market, create a product for that market, and convince them why they need to buy from you. If you can do that, then you sir/madam, are well on your way to being a self-made entrepreneur!
Good Luck!