Best Small Business Ideas You Can Start In 2022

Small Business

Hoping to start a new business venture but not sure where to begin? These small business ideas are sure to get your entrepreneurial cogs whirring.

This is a detailed guide. So to help you sort through your options, we’ve split the ideas up into different business categories. 

We’ll start with what we think are the very best small business ideas, then explore both online and offline business ideas, arty business ideas for creative souls, business ideas for drivers, and business ideas for kids and teens.

The best small business ideas

Here are our favorite small business ideas. All these businesses have the potential to be very lucrative if you get them right.

1. Open an ecommerce store

There’s more demand for ecommerce FBA Shipping businesses than ever before. The online retail industry has been growing rapidly, and US customers spent a whopping $791 billion online in 2020 alone.

Now’s the perfect time to open your own ecommerce store and claim your share of those sales. And the good news is, it couldn’t be easier. 

Unlike physical retail stores, there are very few startup costs when you open an ecommerce business. You don’t need to pay for physical premises or expensive shopfitting fees.

All you have to do is choose some products to sell, find a wholesale supplier, create your website, and start selling! Your profits will depend on your margins, sales volumes, and overheads, but if you get it right, you could be making six- or even seven figures in yearly revenues.

How to get started

The first step in starting an ecommerce store is coming up with a business plan. 

You’ll need to research the market to find a profitable niche and identify products you think will sell well. Then, you’ll need to figure out your profit margins, put together a marketing strategy, etc.

After you’ve got your business plan, you’ll need to build your ecommerce storefront. We’d recommend using BigCommerce for this, but you can also check out our roundup of the best ecommerce platforms to explore other options.

2. Sell digital products online

Another excellent small business idea: if you don’t fancy selling real products through your ecommerce store, why not sell digital products instead? I’m talking about things like ebooks, online courses, music, and other digital downloads.

The great thing about selling digital products is that your profit margins are much higher. You don’t need to keep any stock or worry about things like logistics and shipping. And the higher profit margins mean you’ll have more money to spend on marketing and driving sales.

Selling digital products online is one of the most profitable business ideas on this list.

How to get started

You can sign up for Sellfy to get started. It’s a beginner-friendly ecommerce platform geared towards businesses that sell digital products. It makes it super easy to build your website and start selling. You can also use it to sell physical and print on demand products.

3. Grow and monetize a blog

Blogging is still a great way to make money—but it’s getting harder. There are over 6 million blog posts published every day, so you’ll need to be smart if you want to cut through the noise and make a profit.

To start a successful blogging business, you’ll need to find a lucrative niche and publish high-quality blog posts that drive traffic. 

Then, you can monetize that traffic by running ads, or by signing up for affiliate programs and promoting your affiliate offers within your blog posts.

How to get started

First, you need a website. Sign up for a hosting provider, register your domain, and use WordPress or another CMS to build the foundations of your site.

From there, you can use a keyword research tool to uncover traffic-generating topics and start writing articles around those keywords. You’ll need to spend a lot of time on SEO to make sure your blog posts rank.

Once you have some traffic, you can monetize it. Sign up for an affiliate network to find a program that’s a good fit for your audience, and take it from there.

4. Sell social media management services

Another small business idea is to look at creating services which brands need and you can supply.

Pretty much every brand has a social media presence these days. In fact, over 69% use social media to build brand awareness. And many of those brands outsource the day-to-day management of their social media channels to third-party companies.

Now’s the perfect time to cash in on this demand by opening your own social media management business. You could start out as a freelance social media manager and as you grow your client base, scale up and expand your services to become a full-fledged social media marketing agency.

How to get started

The first thing you’ll need is a powerful social media management software solution like  Agorapulse. These tools help you manage your client’s accounts, schedule posts, track campaign performance, etc.

You’ll also need a website to sell your services through and a solid marketing strategy to find clients. You could try running Google Ads or bidding for jobs on freelance marketplaces like Upwork.

5. Start a graphic design business

Got an eye for design and the tech skills to go with it? If so, why not start your own freelance graphic design business? 

Graphic design businesses sell custom design services to clients and produce things like business logos, branding elements, book covers, merchandise designs, etc. You could go at it solo or hire a small team to help.

How to get started

The first thing you’ll need to start your graphic design business is a portfolio of your work to show potential customers. 

After that, you can throw up a website, build some high-converting landing pages, and then launch a marketing campaign to drive traffic to those pages and turn that traffic into leads and clients.

To build your landing pages, we’d recommend using one of these landing page builders. Also, check out these lead generation tools to find customers.

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