Many people dream of owning a business. They are tired of making money for someone else and want to work on their own terms.
While starting a business might be a dream, it can easily go wrong. Thousands of businesses open every year. Only about half of all small businesses survive longer than five years.
If you are going to start a small business, you need to be prepared for hard work. Along with that, you also need a good idea for a business. This post will cover the best business ideas you can start quickly.
Online Store
The internet has done a lot to make owning a small business more accessible. Retail is one area where this is most evident. With an online store, you don’t need to pay rent for a physical location. You can build a website, buy some stock and start selling online. You might not be able to compete with Amazon, but you don’t need to. The online marketplace has a lot of customers, and it grows every year. All you need to do is carve out your customer base and serve them well.
Cleaning Service
Do you have a knack for cleaning? If so, you could consider opening a cleaning service. You will need cleaning equipment and supplies, but landing a few clients could go a long way toward helping you turn a profit. You might even be able to hire employees to handle some of the jobs for you. Another option would be to work with a janitorial franchise. They come with a little name recognition, and it can make it easier to land more clients or find larger commercial jobs.
Dropshipping
An eCommerce store is a good business idea, but what if you don’t have money for a lot of inventory? What about storing the inventory? If you are worried about these issues, you might want to consider dropshipping. Dropshipping businesses buy, store and manage inventory, but they rely on other businesses to sell their stock. You can list products from the dropshipping supplier, and when they sell, they will handle the shipping. You could even run a store with a combination of your stock and items from dropshipping.
Lawn Care Services
Do you have a green thumb? If you are good at taking care of your lawn and have the equipment, you could consider selling your services for lawn care. You could start on your own with a truck and some basic equipment. As you make money, you could then expand by hiring employees and upgrading to commercial gear. This is another option where working with a franchise could be advantageous. A franchise could give you a recognizable name and help you get your business going.
Pet Care Services
This is a good one for animal lovers. There are so many services a pet owner could need. You could start a service walking dogs. Many pet owners need someone to stop by and feed or walk a pet when they are at work. Some people might need pet care or pet sitting when they go away on vacation. If you have the skills, you could also offer services like pet grooming or training. People love their pets, and they are usually willing to pay well to make sure they are taken care of.
Home Services
You could find any number of home services that people may need. Are you good at fixing or repairing stuff? Sell repair services. Whether it is fixing appliances, cleaning air conditioners or refinishing wood floors, it could be a good way to make money. There are also options like services for home organization, power washing, carpet cleaning and more. Most of these home services do not require a large investment to get started, and they can all be profitable.
Enter the Gig Economy
You could also look to the gig economy for any number of ways to make money. With the gig economy, you take short-term work on an as-needed basis from many potential customers. The best thing about this type of work is that there are so many different options that there is something for almost anyone. Driving for a rideshare service like Uber is one of the more obvious options. There are also food delivery services. You can also find websites and apps that are geared toward connecting different types of workers with people and businesses that might need their services.
These are some of the top options for businesses that can be started quickly. As fast as they can start, most of them will take time to grow. You need to be prepared for things to be slow at first and have a plan for supporting yourself as you build the business.