It’s not easy to start a business, especially when you don’t have experience in entrepreneurship. For a beginner, venturing into a new business is as good as walking into a dark room without knowing where the light switch is.
However, like school subjects, some businesses are more accessible to start and manage than others. Some require less investments and resources. And some may have a higher chance of success in the market.
What if you, as a beginner, could choose an easier type of business to start with? Well, there are several business ideas for beginners that can be profitable and manageable. Here’s a list of some of the top business ideas for beginners to consider:
Low-Cost Business Ideas For Beginners
You don’t always need much capital to start a business. Sometimes, all you need is an idea and some basic resources. This especially works when you’re selling your skills or providing service. Here are some low-cost business ideas for beginners:
Tutoring
USP/ Service | Tutoring sessions |
Business Type | Education management Hybrid (Online/ offline) |
Expertise | – Unique teaching skills, – Deep knowledge of subjects, – Artistic skills. |
Expected expenses | $100 – $500 per month |
Your academic scorecard might not have helped you except a few times, but your knowledge and grasp of subjects can help you establish a low-cost business. You can become a tutor if you excel at academic subjects or even have a skill or hobby you’re proficient in.
The best part about this business idea is that you can set your own schedule, choose which subjects or skills you want to teach and work with students of different ages. You can also start small by offering individual tutoring sessions and then expand to group or online classes. This type of business requires minimal investment as you only need a quiet space to conduct the lessons and some teaching materials.
How To Get Started With Tutoring?
Becoming a tutor is a relatively easy business idea for beginners; here’s a simple guide to help you get started:
- Identify the strengths and subjects/skills you can teach.
- Decide on your target audience (e.g. elementary students, high school students, adults)
- Determine your pricing structure (hourly rate or flat fee per session)
- Advertise your services through word of mouth, social media or online platforms such as Craigslist or LinkedIn.
- Once you have gained a few clients, ask for referrals to expand your business.
The best part about tutoring is that you can provide this service right from your home, saving you the cost of renting an office space. You can also provide private lessons at the student’s home, resulting in additional income.
However, if you are more interested in online tutoring, Chegg, Wyzant, and SmartThinking are your online platforms. You can make $10 to $100 per hour on average, but it also depends on the subject and level of expertise you hold on it.
Online platforms | Subject | Earning |
---|---|---|
Wyzant | Computer, history, language, business, maths, science | $35 to $60 per hour on average |
Chegg | Mathematics, Healthcare, Earth science, Business, Engineering, Science | $20 to $30 per hour |
Smarthinking | Mathematics & Statistics, Spanish, Writing, Science, Anatomy, physiology, Business & Accounting, Economics, Finance, | $12 to $21 per hour |
Dropshipping
Business Type | Ecommerce |
---|---|
Mode | Online |
Product/ service | Retail |
Expected expense | $100 – $300 / month |
Dropshipping is a business model in which you sell products to customers, but the supplier handles the product’s storage, packaging, and shipping. For example, let’s say you sell a T-shirt on an online store. Instead of keeping the T-shirt in stock, you agree with a supplier who will directly ship the product to your customer from their warehouse as and when the order comes in.
This approach eliminates the need to keep physical inventory, reduces initial startup costs, and allows you to focus on other aspects of your business, such as marketing and customer service.
How To Get Started With Dropshipping?
This is how the economics of dropshipping works –
- You partner with a supplier who offers products at wholesale prices.
- You then create an online store and list the products for sale at a markup price, usually between 10-45%.
- When a customer places an order, you simply forward the details to your supplier, who will fulfill the order on your behalf.
- The difference between the wholesale price and retail price is your profit margin.
However, you do spend money on marketing, website maintenance, and other business expenses.
Ecommerce Platform | Features | Pricing |
---|---|---|
Shopify | Unlimited products Add or manage brand assets like logo, slogan, Analytics available, Finance report, Good online community. | Basic plan for $18/month |
BigCommerce | Built-in features, Customer support, Security. | Standard plan for $29/month |
Wix | Generate your store with AI, Various design features, Entrance animations. | $3 – $18 , depends on plan |
The dropshipping business model is perfect for those who don’t have space to store inventory or want to avoid the hassle of shipping products themselves. However, it does require niche research, staying updated on market trends and fluctuations, and excellent customer service skills.
Freelancing
Freelancing refers to providing client services on a project-by-project basis rather than being employed by a single company.
It involves setting your own rates, choosing your own clients and projects, and having more control over your work schedule.
Freelancing has become increasingly popular in recent years due to the rise of digital technology and platforms that connect freelancers with potential clients.
The best part about freelancing as a beginner-level business is that it requires minimal investment and can be started with just a laptop and internet connection.
How To Get Started With Freelancing?
If you are interested in becoming a freelancer, here are some steps to help you get started:
- Identify your skills and expertise – what services can you offer to clients?
- Create a portfolio website or use freelancing platforms to showcase your work.
- Determine your rates based on industry standards, competition, and your experience level.
- Network with other freelancers and potential clients through social media, job boards, and online communities.
Profile | Work |
---|---|
Freelance writer | Content writing, copywriting, blog post |
Website developer | Building, updating websites and maintaining databases |
Graphic designer | Curating visually appealing content, overall layout, and design for applications |
Digital Marketing | Marketing through different mean, like email, social media, ad campaigns to promote the product |
Data entry | Entering, updating and maintaining data with accuracy. |
Video Editor | Editing videos with the help of transitions, effects, graphics to improve the video |
Social media manager | Implementing strategies and handling the account, including community management |
Data analyst | Data collection, cleaning and analysis |
Any profile matching your skills | Skill related |
In-Home Caregiving
Caregiving is a selfless act involving caring for someone unable to care for themselves fully. In-home caregiving, in particular, refers to providing care for individuals in their homes. This could include elderly or disabled individuals who need assistance with daily tasks such as bathing, dressing, and medication reminders, or it can be medical care for individuals with chronic illnesses or disabilities.
The in-home caregiving services include but are not limited to –
- Personal care: Assisting with daily tasks such as bathing, dressing, and grooming. This also includes providing emotional support and companionship.
- Household tasks: Helping with household chores such as cleaning, cooking, laundry, and grocery shopping.
- Medication management: Ensuring medications are taken on time and in the correct dosage.
- Transportation assistance: Providing transportation to appointments, social events, or errands.
- Medical care: Administering medication, wound care, and other medical treatments as directed by a healthcare professional.
How To Get Started With In-Home Caregiving?
Even though it is a beginner-friendly business, in-home caregiving is heavily regulated and requires proper training and certification to provide care.
- Research: Research the requirements and regulations for in-home caregiving in your area. This may include obtaining a business licence, insurance, and any necessary certifications.
- Training: Look for training programs and courses that teach skills such as first aid, medication administration, and basic medical procedures.
- Certifications: Depending on your location, you may need to obtain certifications such as CPR and First Aid, Home Health Aide, or Certified Nursing Assistant.
- Networking: Reach out to other in-home caregivers or organisations in the healthcare industry for advice and support.
How Much You Can Earn as an In-Home Caregiver?
The average hourly rate for in-home caregivers ranges from $10-$19 per hour, depending on the location and level of care required. However, this can vary greatly based on factors such as experience, certifications, and additional tasks requested by the client.
An entry-level caregiver can expect to earn around $26,330 per year, while experienced caregivers with certifications and additional responsibilities can earn up to $40,000 per year.
However, caregiving often also involves certain expenses like gas or transportation costs, certification fees, and insurance costs with caregiver coverage, so it is important to factor those in when calculating potential earnings.
Airbnb Host
USP/ Service | Unique Accommodation Experiences |
Business Type | Hospitality and Real Estate (Online platform-based) |
Expertise | A knack for interior decoration and creating welcoming spacesUnderstanding the dynamics of hospitalityNavigating online platforms and marketing |
Expected expenses | Varies significantly based on property condition and presentation needs; investments could include home improvements, furnishing, and hospitality amenities. |
Every month, around 100 million people go to Airbnb.com to find a place to stay for work or a holiday. You can tap into the tourism industry by making your home into a place for guests.
An Airbnb host is an individual or group that rents out their property, or a portion of their property, to guests on the Airbnb platform. Your rental can vary from a spare room in your home to an entire property, like a house or apartment.
By providing temporary lodging to travellers and tourists, you can earn income while offering your guests a unique and authentic experience.
Airbnb hosting can provide a significant source of revenue, often more than traditional rental arrangements, especially if your property is in a high-demand location or has unique features that command a premium.
The best part is that you can control your availability calendar, meaning you can rent out your space when it’s convenient for you. This flexibility allows for a balance between personal use of the property and earning extra income.
How To Get Started Being An Airbnb Host?
- Assess Your Space: Review your living space to determine if it’s suitable for guests. Remember that no space is too small—there’s a guest for every space as long as expectations are clearly communicated.
- Prep Your Listing: Take good-quality photos and write a clear, honest description. This will help your listing stand out and attract potential guests.
- Set House Rules: Determine your house rules and requirements for guests. This will help ensure everyone is on the same page and can help avoid potential issues.
- Create an Airbnb Account: If you don’t already have one, create a host account on Airbnb. You’ll need to provide some personal information and details about your space.
- Price Your Space: Set a price for your listing. Consider the local market, the amenities you offer, and the location of your space when deciding on a price.
- Understand the Financials: Consider higher utility bills, stocking the space with necessities, and the potential need for a cleaning service. These operational costs will affect your revenue.
Once you’ve ticked these steps off and your listing is active, you can begin managing your bookings and enjoy the experience of being an Airbnb host.
How Much Can You Earn As An Airbnb Host?
Income for Airbnb hosts can vary significantly depending on factors such as location, the number of rooms available, and the quality of the property and services provided. On average, Airbnb hosts in North America earned $41,026 in revenue in 2021, while hosts in Asia-Pacific earned an average of $14,6292.
You can also earn more income by offering additional services, such as cleaning or maintenance, or by listing your property in high-demand locations or during peak travel seasons.
It is also essential to comply with local laws and regulations and obtain necessary permits, as well as review your existing insurance policy to determine if it covers short-term rentals and consider purchasing short-term rental insurance if necessary.
Sell Homemade Products
USP/ Service | Handmade, Unique, and Personalised Products |
Business Type | Crafting and E-commerce |
Expertise | Artistic skills in crafting productsBusiness acumen for pricing and marketingFamiliarity with online selling platforms (e.g., Etsy, Amazon Handmade, etc.) |
Expected expenses | The initial investments include the cost of raw materials and packaging, setting up an online store, and promotional activities. These can vary greatly depending on your product type and scale. |
If you’re a maker, consider turning that into a lucrative venture by marketing your handmade items. Whether it’s creating natural soaps and candles or designing unique jewellery and art pieces, the opportunities are limitless.
Products handmade in your personal workspace could potentially become renowned brands with effective branding and marketing strategies. Selling self-made goods is cost-efficient, as it eliminates the need for purchases from wholesalers, and it allows you to have complete control over the manufacturing process and pricing.
Online platforms, social media, and e-commerce have helped artisans worldwide turn their crafting hobbies into businesses.
Peg and Awl, a well-known craft brand, is a great example of such an entrepreneurial journey. Walter and Margaux Kent initially started it as a platform to sell items they crafted using recycled materials in their home workshop. Today, their online shop showcases extensive products, including bags, journals, and home décor items.
How To Get Started With Selling Homemade Products?
- Identify Your Product: Firstly, you need to identify the type of products you wish to sell. Consider factors such as your artistic skills, market demand, and production costs to make this decision.
- Perfect Your Craft: Creating high-quality items that meet customer expectations is essential. This might involve perfecting your recipes, honing your crafting skills, or iterating your product designs.
- Set Up Online Shop: Using platforms like Etsy or Amazon Handmade, establish an e-shop. Ensure your product listings are detailed and include high-quality photos, comprehensive descriptions, and prices.
- Launch & Market Your Business: Spreading awareness about your products is crucial for your business. Use social media platforms, SEO strategies, and possibly paid advertising to reach a wider audience.
- Logistics & Delivery: Develop a system for fulfilling orders and shipping products safely and promptly to maintain customer satisfaction.
- Manage Customer Relationships: Offer excellent customer service and encourage feedback to improve your products and services, as well as generate positive reviews that help boost your reputation.
How Much Can You Earn Selling Homemade Products?
Earnings can fluctuate based on the price of your goods, the volume of sales, and your success in marketing your products. Here are some examples of how much different homemade product businesses can earn:
- Homemade Peanut Butter Business: The average annual income of homemade peanut butter business owners in the US can vary significantly, ranging from modest to substantial profits
- Homemade Soap Business: The profit margin for homemade soap businesses in the US typically ranges from 40% to 60%, with some businesses earning a higher income by optimising their financial performance and marketing strategies
- Handmade Jewellery Business: The income potential for a handmade jewellery business can vary greatly depending on factors such as the quality of the materials, the uniqueness of the designs, and the target market
- Homemade Food Products: The income potential for selling homemade food products, such as jams or baked goods, can be significant, especially if you can establish a strong brand and distribution network
Nonetheless, handmade products have the potential to generate a significant income, especially if they are unique, high-quality, and address customer needs or trends.
Grow An Audience You Can Monetize
USP/ Service | Engaging and Valuable Content |
Business Type | Digital Media/Content Marketing ( Online) |
Expertise | Proficiency in content creation (writing, video production, podcasting)Understanding of social media algorithms and SEONiche expertise |
Expected expenses | Minimal to Moderate |
If you’ve thought about starting a blog, YouTube channel, Instagram account, or podcast, this could be the start of your own business. By growing and making money from a group of followers, you might be able to start working from home.
A good example is Jordan Ferney, who created Oh Happy Day Shop! She started with a blog and successfully turned it into a business she can run from home. The aim was to have more family time; she now sells goods online.
Similarly, Andrew Finn helped start the blog Wait But Why. It has over 300,000 subscribers and millions of visits. Then, it added an online shop. Here, it sells products that are a great fit for its loyal fans.
Building a dedicated group of followers needs patience, regular updates, and focus. Starting a home business this way is not always easy, especially at first. However, if you can create a fan base around what you love, it can be very satisfying.
Your ability to engage, inform, or entertain determines the potential of your online enterprise. Your content—be it blogs, videos, podcasts, or social media posts—serves as the magnet that attracts and retains your audience.
How To Get Started With Growing An Audience You Can Monetise?
- Select Your Niche: Pinpoint a niche that you are passionate and knowledgeable about and that has a sizable audience.
- Develop Quality Content: Produce content that adds value, solves problems, or entertains your target audience, setting you apart in your niche.
- Utilise Social Media: Use social media platforms to distribute your content, engage with your audience, and grow your community.
- Implement SEO Strategies: Optimise your content for search engines to enhance visibility and attract organic traffic.
- Monetize Your Audience: Once you’ve built a substantial following, explore monetization options like sponsored content, affiliate marketing, digital products, memberships, or ads.
How Much Can You Earn By Growing An Audience You Can Monetize?
The income you can earn by growing a monetizable audience depends on various factors, including the size and engagement of your audience, the niche of your content, and the monetization strategies you employ.
An average Sellfy creator can earn between $500 and $10,000 per month, with some creators earning six figures in sales.
Subscription Box Business
The online subscription box market is expected to grow 14% annually from 2024 to 2032. This growth is making way for brands that sell directly to customers through subscriptions, and big names like Sephora and Walmart are adopting this model.
It allows you to source a variety of products around a specific theme and deliver them right to a customer’s doorstep. You can start small, curating and shipping the boxes yourself, and gradually expand to using fulfilment services as the business grows.
Starting a subscription business at home is quite doable with the right products. For instance, Ashley Reynolds turned her extra products into subscription boxes for her online shop, Cloth & Paper. If you already have an ecommerce business, you can do something similar to move products that aren’t selling.
Subscription boxes aren’t just for selling products, though. Take Rent the Runway, for example. This service lets people rent designer clothes and accessories for a monthly fee. Once they’re done, they return them. Then, Rent the Runway rents those items to someone else, making more money off the same pieces.
The best part about this business model is it’s entirely online-based. You don’t need to worry about renting a physical store, and you can manage it from your home or anywhere there’s internet.
How To Get Started With A Subscription Box Business?
- Identify a theme or niche that’s popular and that you’re passionate about.
- Determine your target audience (e.g., beauty enthusiasts, book lovers, pet owners).
- Decide on pricing and subscription terms.
- Source for unique products related to your theme.
- Create a compelling website and establish an online presence.
- Market your service via social media or email newsletters.
As you gain traction, you can collect customer feedback for improvements, add more value to your boxes, and form partnerships with brands for better product deals.
How Much Can You Earn With A Subscription Box Business?
The potential earnings from a subscription box business can vary widely depending on the niche, pricing strategy, and number of subscribers. For example, book subscription box businesses can generate anywhere from $10,000 to $50,000 monthly in revenue, with annual profits ranging from $100,000 to over $500,000.
On the other hand, beauty subscription box owners can earn profits ranging from 10% to 30% of their monthly revenue.
Turn Your Pet Into An Influencer
Business Type | Digital Marketing and Entertainment |
Expertise | Social Media Management Photography SkillsGood Understanding of Your Pet’s Personality |
In today’s digital age, social media has revolutionised human interaction and opened up a myriad of opportunities for the animal kingdom. With their unfailing ability to bring joy and laughter, Pets have taken platforms like Instagram, TikTok, and YouTube by storm.
If you share your life with a pet, you might want to make them famous online. You could grow their following and then find brands to work with for ads.
Tuna Melts My Heart, a Chihuahua-Dachshund mix with a unique overbite that has captured the hearts of over 2 million followers. Tuna has collaborated with brands such as Petco, BarkBox, and Target and has even published a book, “Tuna Melts My Heart: The Underdog with the Overbite.
How To Turn Your Pet Into An Influencer?
- Identify Your Niche: Not every pet is born to be a fashionista or a trendsetter. Some might be mischievous comedians, while others are adventurous explorers. Recognize what sets your pet apart and build its persona around it.
- Quality Content: Content is king, just as for any influencer. Take high-quality photographs and videos of your pet in various settings and moods. You might want to invest in a reasonably good-quality camera for this. Creative and humorous captions can also significantly boost audience engagement.
- Consistent Posting: Random posts once every blue moon won’t get you far in the influencer game. Stick to a posting schedule and keep your audience expecting and engaged.
- Engage With The Audience: Respond to comments, have interactive sessions, and start discussions around your pet’s antics to create a virtual community dedicated to your pet.
- Collaborations and Sponsorships: Once you have built a substantial follower base, brands offering pet products or services might tap into your pet’s fan base for promotions.
How Much Can You Earn By Turning Your Pet Into An Influencer?
Like any influencer role, the earning potential relies heavily on the follower base and engagement rate. Brands might offer free products, direct payment for promotional posts, or affiliate deals where you earn a commission on sales derived from your pet’s profile.
Understandably, turning your pet into an influencer might not make you a millionaire overnight. But it’s an exciting venture with the potential for decent side income. Who knows? Your pet might end up being the next big “fur-lebrity”!
Sell Used Items
USP/ Service | Selling gently-used items |
Business Type | Retail / E-commerce |
Expertise | Good negotiation skills Quality inspection & assessment of used items Basic knowledge about pricing used items |
Expected expenses | Minimal to none, especially if you’re selling items you already own and using free online platforms for listing your products. |
There’s a business opportunity that lies right within your home. You’ve read it right – you can set up a venture selling used items.
All you need to kick-start this business can be found right inside your home. Have a look around. Those old books, rarely used kitchen items, furniture, or clothes in good condition can all help you establish a low-cost business.
Eco-friendly choices are becoming popular, boosting the demand for sustainable shopping. This trend is pushing the global secondhand market towards doubling, aiming to hit $350 billion by 2027.
Starting a resale business at home is easy. Use platforms like Poshmark and Mercari to sell clothes you no longer need. Craigslist, eBay, and Facebook Marketplace are also good options for selling a variety of items.
How To Sell Used Items?
- Identify items around your house that you no longer need and are in acceptable condition.
- Assess the condition and value of each item. You can cross-check similar items online to gauge the market price.
- List your items on appropriate platforms — websites like eBay, Craigslist, and Facebook Marketplace are excellent places to start. Make sure you take clear photos and write a detailed description of each item.
- Once you’ve made a sale, consider reinvesting part of your earnings to buy more used goods to resell (from thrift stores, garage/yard sales, or auctions).
- As your inventory and reputation grow, you might consider setting up your own ecommerce website or exploring other online marketplaces to increase your customer base.
The best thing about selling used items is that not only are you making extra money from the clutter in your house, but you’re also promoting sustainability.
How Much Can You Earn By Selling Used Items?
The money you can make by selling used items varies widely based on the type of items you’re selling, their condition, and how you price them.
A general guideline is to price gently used items at about 50-75% of their original cost, but this should be adjusted based on the item’s condition and age. For more worn or older items, pricing them at 20-50% of the original cost is more appropriate.
Where To Sell Used Items?
Platform Name | Description |
---|---|
Amazon | Allows selling used items under existing product listings in a “used” condition. Listing fee: None. Referral fee: 15% of the sale price, with a minimum of $0.30 for media items and $1 for non-media items. |
eBay India | A popular site for buying and selling used items, where you need to register an account first before listing your items. Listing fee: $0.30 per listing, with a final value fee of 10% of the sale price for most categories. |
Bonanza | A selling site and marketplace for selling things online, including used items. Listing fee: None. Final value fee: 3.5% of the sale price, with a minimum of $0.50 and a maximum of $350. |
Etsy | A selling site and marketplace for selling handmade and unique items, including used items. Listing fee: $0.20 per listing, with a 6.5% transaction fee on the sale price, including shipping. |
Chairish | A selling site and marketplace for furniture and home decor, including used items. Listing fee: None. Commission fee: 20% of the sale price for items sold for less than $2,500, and 12% for items sold for $2,500 or more. |
Poshmark | A selling site and marketplace for selling used fashion and accessories. Listing fee: None. Commission fee: $2.95 for sales under $15, and 20% for sales of $15 or more. |
Decluttr | A selling site and marketplace for selling used electronics, including smartphones, tablets, and video games. Listing fee: None. Commission fee: 7% of the sale price, with a minimum of $5 and a maximum of $50. |
Facebook Marketplace | A buying and selling platform integrated with Facebook, allowing users to buy and sell within their local community. Listing fee: None. Commission fee: 5% per sale or a flat fee of $0.40 for shipments of $8 or less. |
Start A Daycare
USP/ Service | Caring and educational environment for children |
Business Type | Childcare services |
Expertise | Passion for child developmentPatience and compassion for working with childrenBasic educational and first aid qualifications |
Expected expenses | Licensing and insuranceToys and educational materialsSafe and child-friendly facilities |
Your natural nurturing instincts or love for children could be the perfect foundation for a fulfilling business venture. If you’re good with children, research the availability of daycare centres nearby. Should there appear to be a local need, consider establishing your daycare for the area.
The daycare sector is worth over $60 billion and is expected to expand. A Grand View Research report predicts the global child care market to grow at a rate of 8.1% each year.
The best thing about this type of business is its adaptability to your level of commitment and range of services. From starting small within your home, providing hands-on care to a few children, to scaling up and expanding to a larger facility – the possibilities and rewards grow with your ambition and love for the job.
How To Start A Daycare?
- Research and understand your local childcare needs and regulations.
- Acquire the necessary certifications, such as CPR and first aid.
- Determine your operational model (home-based or a separate facility).
- Establish a safe and welcoming environment with proper childcare equipment.
- Develop a structured daily routine with educational activities.
- Spread the word through community centres, social media, or family connections.
- Ask for testimonials from early customers to build credibility and attract new clientele.
One of the advantages of a daycare is the potential to start it right in your home, saving significant startup costs on leasing or buying property. This also allows for a more personal touch, which can be appealing to parents seeking a homely atmosphere for their children.
How Much Can You Earn By Starting A Daycare?
The potential earnings from starting a daycare business can vary depending on various factors such as the location, size, and quality of services provided. On average, A daycare centre owner can earn from $30,000 to $60,000 per year.
Start An Affiliate Marketing Business
USP/ Service | Promoting products/servicesEarning commissions on sales |
Business Type | Digital marketing / Sales (Online) |
Expertise | Marketing skills, understanding of target audience, ability to create engaging content, SEO and analytics |
Expected expenses | Minimal; mostly time investment and possibly costs for building and maintaining a website |
Affiliate marketing is a widely recognized model for home businesses where you work towards promoting goods and services of specific brands. When a transaction happens through your unique affiliate hyperlink, you earn a share of the profits as commission.
Developing an affiliate plan requires innovation and original thinking. For instance, some establishments opt to push partner brands and products via Instagram Stories, while others establish websites filled with pertinent content.
Another feasible channel is through affiliate pins on Pinterest. The more the pins associated with your affiliate links get re-pinned and circulated, the higher your chances of earning a commission.
How To Get Started With Affiliate Marketing?
Here is a straightforward approach to get started:
- Choose Your Niche: Focus on a market you are passionate about and that you know will attract an audience.
- Select Affiliate Programs: Partner with companies that offer affiliate programs which align with your niche.
- Build Your Platform: Whether it’s a blog, YouTube channel, or social media account, create content that draws visitors.
- Attract an Audience: Use SEO techniques and create valuable content to draw potential customers to your platform.
- Promote Affiliate Products: Integrate affiliate links naturally in your content, providing genuine recommendations to your audience.
- Track Your Success: Monitor which strategies work best and refine your approach using marketing analytics tools.
- By creating content that adds value to your audience’s lives, you can nurture trust. This trust is key to converting your recommendations into actual sales.
How Much Can You Earn By Affiliate Marketing?
Unlike a traditional job, affiliate marketing doesn’t cap your earnings at a fixed number. Your income can vary widely based on the products you choose to promote, the size of your audience, and the effectiveness of your marketing strategies. With dedication and smarts, affiliate marketers can earn from a few hundred to several thousand dollars per month.
A beginner affiliate marketer might earn $100-$500 per month, while an experienced affiliate marketer might earn $1,000-$10,000 per month.
Top affiliates can earn even more, depending on various factors such as the products promoted, the quality of content, and the size of the audience
Become A Pet Sitter
USP/ Service | Offer personalised care for pets |
Business Type | Service-based model, charging per visit, day, or specific service package. |
Expertise | A genuine love and understanding of animalsKnowledge of pet care, including dietary, exercise, and health monitoring needs of various species and breedsReliability, responsibility, and the ability to handle emergency situationsCertifications in pet first aid and CPR (optional but advantageous) |
When pet owners are at work or on vacation, they need good, responsible sitters. If that’s you, starting a pet sitting service could be a great business idea for beginners. It doesn’t cost much to start and isn’t expensive to run.
Becoming a pet sitter involves providing care for pets in their own homes while their owners are away. This can include tasks such as feeding, exercising, cleaning, and administering medications. Pet sitters often offer additional services like dog walking and pet training.
You may work part-time or full-time, and some may offer overnight stays.
With pets increasingly being considered integral members of the family, the demand for trustworthy and compassionate pet care services is on the rise. The global pet care market size is projected to reach $427.75 billion by 2032.
To make pet sitting a serious business, you might need to get certifications and insurance.
How To Get Started With Pet Sitting?
Becoming a pet sitter is simpler than you might think. Here are some steps to kickstart your journey:
- Identify your pet preferences (e.g., dogs, cats, exotic pets) and any limitations.
- Research and comply with any local regulations or required certifications.
- Decide on your service offerings (overnight care, daily visits, walk services).
- Set your pricing based on the services offered and local market rates.
- Promote your services through local pet stores, vet offices, social media, or dedicated platforms like Rover or Petbacker.
- Consider getting insurance to cover liabilities and build trust with your clientele.
The best thing about pet sitting is its flexibility; you can adjust schedules and select the services you feel most comfortable providing.
It’s also a business that requires minimal investment to start—often just transportation to your clients’ homes and some basic marketing to spread the word.
How Much Can You Earn By Pet Sitting?
Pet sitters can earn varying amounts based on their location, the services they offer, and the market rates. On average, pet sitters charge between $15 to $25 per hour.
In some cities, the hourly rate for pet sitting can be higher, such as in Los Angeles, where pet sitters charge an average of $18.46 per hour.
For a full day (overnight) pet sitting, the average earnings for a pet sitter in the US fall between $50 to $100 per day.
Professional pet sitting companies may charge $2 to $10 more per service than individual pet sitters.
Teach Journaling Methods
USP/ Service | Offer courses, workshops, and personalised coaching on various journaling techniques that improve mental wellness, enhance creativity, and foster personal development. |
Business Type | Education/Personal DevelopmentHybrid (Online/offline) |
Expertise | Deep understanding of journaling practices and their benefits Ability to teach and inspire othersCreative thinking to design engaging journaling exercises |
Expected expenses | Low to moderate, depending on the channel of delivery (creating a website, renting spaces for workshops, marketing). |
If you often keep a diary or journal and find a way to stick to it, you can earn money by teaching this method to others.
Journaling is a popular and growing practice for individuals seeking to improve their mental health, creativity, and productivity. As a journaling methods teacher, you can help people learn how to journal effectively and make it a part of their daily routine.
How To Get Started With Teaching Journaling Methods?
- Identify Your Niche: Determine what types of journaling you are most passionate about and where you have the most expertise.
- Design Your Offerings: Develop courses or workshops that cater to different levels—beginner, intermediate, and advanced journalers.
- Build Your Platform: Create an online presence through a website or social media where potential students can learn about your services and philosophy on journaling.
- Develop Your Curriculum: Curate your content carefully, considering the needs and aspirations of your target audience. Include various techniques, prompts, and methods.
- Market Your Services: Utilise social media, content marketing (blog posts, articles, videos), and email newsletters to reach your target audience. Partnerships with wellness platforms or local businesses can also offer avenues for promotion.
- Offer Personalized Coaching: Beyond group courses and workshops, consider offering one-on-one coaching sessions for individuals seeking personalised guidance in their journaling journey.
Platforms For Teaching Journaling
Platforms like Teachable, Udemy, or Coursera allow you to reach a broad audience by creating and selling online courses on journaling.
Social media platforms, especially Instagram and Pinterest, are also effective for marketing your services, showcasing journaling tips, and engaging with a community of like-minded individuals.
How Much Can You Earn By Teaching Journaling?
The demand for trustworthy and compassionate pet care services is on the rise, as pets are increasingly being considered integral members of the family.
According to the American Pet Products Association, pet owners in the United States spent over $103.6 billion on their pets in 2020, with $3.1 billion spent on pet services such as grooming, boarding, and pet sitting.
Tech-based Business Ideas
Sometimes, all you need to start a business venture is a brilliant tech concept and fundamental resources. Particularly when the business hinges on utilising emerging digital technologies or offering innovative solutions. Here are some tech-based business ideas for beginners:
Start a Virtual Call Centre
USP/ Service | Provision of Remote Customer Support and Sales Solutions |
Business Type | Customer service and Sales (Online) |
Expertise | Strong communication skillsProficiency in call centre technologyKnowledge of customer service and sales best practices |
Expected expenses | Initial investments can include software, computers, and headsets. Ongoing costs encompass software subscriptions and marketing. |
Starting your own virtual call centre means offering customer service and support services from a distance, usually by managing a team of agents working from their homes or other remote locations.
It is an innovative solution that caters to the growing need for remote work and flexible customer service operations.
Your business could include diverse services, including handling inbound and outbound calls, providing email support, managing live chat interactions, and overseeing social media channels.
How To Start Your Virtual Call Center?
Launching this business might seem complex, but it can be broken down into actionable steps:
- Identify your niche – which industries or businesses could benefit from your service?
- Select the right virtual call centre software that meets your budget and requirements.
- Recruit a team ready to work remotely and have excellent communication skills.
- Train your team in customer service best practices and any specific skills related to your target niche.
- Develop a brand and online presence to attract clients.
- Network with businesses and offer them customised customer service solutions.
The best thing about this business is its versatility and low barrier to entry.
With just a reliable internet connection, some basic software, and a team of communicative individuals, setting up your virtual call centre is within arm’s reach.
How Much Can You Earn By Starting A Virtual Call Centre?
The earning potential of starting a virtual call centre can depend on various factors, such as the services offered, the size of your team, your pricing structure, and the industries you serve.
The demand for remote call centre services is also set to grow, with some predictions showing a possible growth of around 60% by the end of 2024. This reflects a huge potential for income and profitability in this industry.
Become A Professional Gamer
USP/ Service | Offer entertainment and competitive skills in popular video games as you stream live, compete in tournaments, or create engaging content. |
Business Type | Entertainment and competitive gaming within the eSports domain. (Online) |
Expertise | Deep knowledge and skills in specific video gamesStrong online presence and personal brandAbility to engage and grow an audience |
Expected expenses | High-quality gaming equipment (PC/console, peripherals)Reliable high-speed internet connectionPossible expenses for marketing and branding |
Are you aware that playing video games could earn you money? The rise of esports and platforms for video game streaming, such as Twitch, has presented an opportunity for gamers to transform their gaming skills into a source of income.
The value of the esports sector surpasses a billion dollars and leaked information from a couple of years back revealed that top Twitch streamers are pulling in millions annually.
Beyond pursuing a sponsored professional gamer career, you could set up a gaming-centric home business by becoming a Let’s Play streamer. Game producers will compensate you for playing their games and broadcasting your experiences to followers. Additionally, selling merchandise on Twitch presents another avenue for revenue.
Moreover, Twitch’s scope isn’t confined to just gaming content. Maxx Burman and Banks Boutté utilised the platform to host an online festival celebrating the work of video game art directors, later reusing the content on platforms such as Instagram and YouTube.
After garnering a dedicated following, they launched KitBash3D, a venture that markets 3D models for use in video games and films.
How To Start Playing Video Games?
- Choose Your Platform: Decide on where you would like to play games. Common platforms include:
- Personal Computers (PC)
- Gaming consoles (e.g., PlayStation, Xbox, Nintendo)
- Mobile devices (smartphones and tablets)
- Handheld consoles (e.g., Nintendo Switch)
- Research the Games: Find out what type of games you might be interested in. Are you into action, adventure, sports, strategy, puzzle, or role-playing games (RPGs)? Look up popular or highly-rated games in your genres of interest.
- Acquire the Necessary Hardware: If you choose a PC or console, ensure you have the appropriate hardware. For PC gaming, this could mean ensuring your computer’s specifications meet the game’s requirements. You will need the console itself, controllers, and possibly additional accessories.
- Set Up Your Gaming Environment: Create a comfortable and ergonomic space for gaming. Comfortable seating and proper lighting can enhance your experience and prevent strain.
How To Launch Your Professional Gaming Career?
- Choose your platform(s) (e.g., Twitch, YouTube Gaming) and understand their monetization strategies.
- Invest in the necessary gaming and streaming equipment.
- Develop a consistent schedule for practising, streaming, and content creation.
- Engage with your audience across social media channels.
- Network with other gamers, teams, and potential sponsors.
- Participate in gaming tournaments and competitions for exposure and potential prize money.
How Much Can You Earn By Playing Video Games?
The potential earnings from playing video games can vary widely depending on the specific method and approach used. Streaming on platforms like Twitch or YouTube, can generate revenue through donations, subscriptions, sponsorships, and advertisements. The average Twitch streamer earns between $100 and $500 per month, with top earners making over $10,000 per month
However, it’s important to note that these figures can vary widely depending on factors such as the audience’s size and engagement, the content’s quality, and the monetization strategies used.
Other methods of making money from video games, such as professional gaming or game development, can potentially offer higher earning potential. Professional gamers, for example, can earn significant income from tournament winnings, sponsorships, and endorsements. The highest earning eSports players can earn millions of dollars in prize money alone
However, it’s important to note that becoming a professional gamer requires a high level of skill, dedication, and competition.
Game development, on the other hand, can offer a more stable and consistent income stream. In the United States, game developers earn an average salary of $97,000 per year.
However, becoming a game developer requires technical skills, education, and experience, as well as a passion for gaming and a strong understanding of the industry.
Start Blogging
USP/ Service | Providing engaging, valuable content tailored to a specific niche that brings useful insights, solutions, and entertainment to readers. |
Business Type | Online platform (e.g., WordPress, Blogger, Wix, or a custom-built website) |
Expertise | Strong writing and proofreading skillsKnowledge of certain topics/niche areasBasic understanding of SEO and digital marketing |
Expected expenses | Costs for website design and hostingMaybe additional costs for marketing, SEO, and social media promotionIt is a low-cost business as the expenses goes for domain extension and registration platform only.The average price of domain extension can vary from $10 – $20 per year. |
Despite not being a professional writer, one can still earn money from blogging.
Blogging is a business idea that involves creating and publishing content on a website or blog, usually focused on a specific topic or niche. Blogging aims to attract and engage an audience, build a community, and generate revenue through various monetization strategies.
When creating a blog, you don’t have to follow a certain format or be formal. You can start with very basic content like regular updates on a topic, life hacks, tips, marketing, product reviews, cooking, fashion, or any other topic.
Domain extension | Cost |
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.com | $6-$10 / year |
.org | $12-$14 / year |
.net | $7-$12 / year |
How To Start Writing Blogs?
- Choose a Niche: The first step in creating a blog is selecting a niche or specific topic you’re passionate about. This gives your blog a clear direction and makes it more appealing to a targeted audience.
- Set Up Your Blog: Choose a blogging platform, purchase a domain name, and set up website hosting.
- Design Your Blog: Use a theme that represents your style and is easy for your readers to navigate.
- Create Content: Start writing posts for your blog. Aim to provide unique, high-quality content that offers value to your readers.
- Promote Your Blog: Use social media, email marketing, SEO techniques, and other methods to get your blog in front of more readers.
- Monetize Your Blog: Once you’ve built up a decent amount of regular traffic, you can start to monetize your blog through advertising, sponsored posts, affiliate marketing, selling products or services, or by offering paid memberships for premium content.
How Much Can You Earn By Writing Blogs?
The amount of money you can earn by writing blogs can vary widely depending on various factors, such as the size and engagement of your audience, the quality of your content, and the monetization strategies you use.
A well-monetized blog with 1,000 posts could potentially earn $10,000 a month or more, considering the extensive content library attracting traffic and generating revenue
According to Fiverr, blog owners with 10,000 to 100,000 monthly page views often earn between 2 cents and 10 cents for each page view from advertising
This means a blog with 50,000 monthly page views could earn around $1,000 to $5,000 a month from advertising alone.
Start Vlogging
USP/ Service | Sharing engaging, visually rich narratives or insights that capture viewers’ attention and foster an engaged and loyal viewership. |
Business Type | Online content creation and digital media production are usually hosted on platforms like YouTube, Vimeo, Instagram, or Facebook. |
Expertise | Basic video production skills (shooting and editing)Public speaking or performance skillsKnowledge or experience in a chosen niche subject |
Expected expenses | Initial outlay for equipment (camera, microphone, lighting, video editing software)Costs for promotion (if applicable)Possibly travel costs, depending on the content of the vlog |
Vlogging is a great way to set up a business without extra effort for people who are usually the centre of attention, naturally charismatic, social, and humorous.
Vlogging stands for ‘video blogging.’ It involves creating and sharing video content, often chronicling the vlogger’s day-to-day life and experiences or offering insightful, educational, or entertaining content customised to a particular target audience.
Types of vlogs –
- Daily vlogs—These include vloggers’ daily activities and glimpses of their everyday experiences. PewDiePie is one of the most renowned vloggers.
- Travel vlogs – Showing the beauty of the journey and destination in your vlogs.
- Business vlogs—These videos usually promote the company’s goods, services, or brand while informing, educating, or entertaining the audience.
- Gaming vlogs – Sharing their gaming experiences mixed with humour in commentary and gameplay strategies.
- Unboxing—In these videos, Vloggers share their first thoughts, feelings, reactions, and opinions of the products inside the box, curating curiosity in the audience’s mind.
- Review—The content in such vlogs is sharing your opinion, critique, and experience with the products. It can be a review of a product, book, movie, food, etc.
- Food vlogs – It shows restaurant reviews, cooking tutorials, and street food reviews.
- Fashion vlogs – It includes sharing makeup tutorials, styling advice, dress haul, hair care tips, etc..
- Tech vlogs – Platform where content creators give reviews on upcoming and existing gadgets, and knowledge of tech-based products like laptops and mobile and help you understand the technology and its functioning.
How To Get Started With Vlogging?
- Choose a Niche/Format: Decide what kind of vlog you want to create. It could be centred around your daily life (a lifestyle vlog), DIY projects, beauty tutorials, travel experiences, food and cooking, fitness tips, tech reviews, etc.
- Invest In Suitable Equipment: Purchase a good quality camera, lighting, and audio equipment for video production. Also, consider software for video editing.
- Create Your Videos: Plan your video content, script it out if needed, then film and edit it.
- Publish and Promote: Upload your vlog to your chosen platform (most commonly, YouTube), and share links on social media to attract viewers.
- Engage with Your Audience: Communication is vital for building an audience. Respond to comments, ask for feedback, and create a community around your content.
- Monetize Your Vlog: Once you have a substantial number of regular viewers, you can start to monetize your vlog. This can be done through advertising income (like YouTube’s Partner Program), sponsorships, crowdfunding (Patreon), affiliate marketing, merchandise sales, or even subscription-based models for exclusive content.
How Much Can You Earn By Vlogging?
The potential earnings from vlogging can vary widely depending on various factors such as the size and engagement of your audience, the quality of your content, and the monetization strategies you use. Vloggers can earn anywhere between $750 and $1,500 a month from their content on average.
Top vloggers like PewDiePie can earn revenue ranging from about $49,000 to $800,000 every month.
Additionally, YouTube channels with one million subscribers are estimated to earn about $5,000 in ad revenue per month, showcasing the potential for significant earnings from vlogging.
The earnings from vlogging can come from various sources, including YouTube Ads, merchandise sales, sponsored content, affiliate links, and sponsorships.
Start A Digital Marketing Agency
USP/ Service | Customisation at Scale: Offer various unique, customisable products that cater to diverse customer interests and trends. |
Business Type | E-commerce |
Expertise | Design Skills: Ability to create or source engaging designs that resonate with your target audience. Knowledge of design software is a plus.E-commerce Knowledge: Understanding of online marketing strategies, SEO, and the use of social media to drive traffic and sales.Customer Service: Providing excellent customer service to manage inquiries, orders, and any potential issues that arise with product satisfaction.Technical Savvy: Comfort using or learning the specific platforms and tools that integrate with POD services for product listing, order management, and sales tracking. |
Expected expenses | Website and Platform Fees: Costs related to setting up an online store, which can range from $29/month for basic Shopify plans to higher for advanced e-commerce solutions. Design Costs: If you’re outsourcing design work, expect to pay anywhere from $10 to several hundred dollars per design, depending on complexity and exclusivity. Marketing and Advertising: Essential for driving traffic and sales, budgeting at least $500 to $1,000 per month towards various marketing efforts can be a good starting point. Miscellaneous Expenses: Including domain names, email marketing tools, and any additional software needed for design or business management. This can vary but budgeting a few hundred dollars per month is advisable. |
Digital marketing is the easiest way of earning money, specifically in this online era. Every business needs marketing for its products or services, and digital marketing plays a great role in connecting potential customers across the world.
If you are an entrepreneur, tech-savvy, well accustomed to social media and its functioning, then setting up a digital marketing agency can be a great business idea for beginners.
Now, there are many kinds of digital marketing such as –
- Content marketing agency where you will be responsible for research, management and curating content. Also, planning content strategy development, content creation like blogs and its promotion.
- SEO marketing agency – Search Engine optimisation (SEO) helps to improve website ranking, link building, keyword research and web-page optimisation.
- PPC marketing agencies—Pay-per-click marketing is an easy and famous marketing method in which you run paid advertisements on platforms like YouTube, Facebook, or other social media. Such agencies manage ad campaigns such as Google ads to attract traffic to the website.
- Email marketing agency: You will accept the role of designing and sending marketing emails and keeping a record of email performance metrics.
- Influencer marketing agency – Helps in marketing through influencers, negotiating partnerships to promote the products.
- SMM marketing agency—Social media marketing (SMM) is a great way of promoting products using social media platforms like YouTube, Instagram, and TikTok. In addition to social media advertising, they also provide community management, content creation, and social media strategy building.
You can start with any such specific agency or go with a full-service digital marketing agency, including all the marketing where you cater the service according to your client’s requests.
How To Start A Digital Marketing Agency?
- Identify Your Niche: To differentiate your agency, focus on specific industries or types of digital marketing (e.g., SEO, PPC, social media).
- Build a Skilled Team: Assemble a team of professionals with expertise in various digital marketing areas to offer clients comprehensive services.
- Create a Portfolio: Develop a website showcasing your services, previous work, and case studies to attract potential clients.
- Set Up the Necessary Tools and Software: Invest in the essential tools and software for SEO, social media monitoring, email marketing, etc., to efficiently manage and implement campaigns.
- Develop a Pricing Model: Determine your pricing structure—whether it’s project-based, hourly rates, or retainer fees.
- Promote Your Agency: Use digital marketing tactics to promote your own agency. Implement SEO strategies, engage on social media, and consider running PPC campaigns.
- Network and Build Partnerships: Attend industry events and join online forums to network with potential clients. Forming partnerships with complementary services can also drive referrals.
- Focus on Delivering Results: Provide exceptional service and deliver measurable results to build a strong reputation and encourage client retention and referrals.
How Much Can You Earn From A Digital Marketing Agency?
The potential earnings from a digital marketing agency can vary widely depending on factors such as the agency’s size, the range of services offered, the client base, and the overall effectiveness of the business. The average revenue of a digital marketing agency largely depends on its size, with research suggesting that the median amount sits between $250,000 and $300,000 per person.
Additionally, digital marketing agencies in the UK generate £13.6 billion, while in the US, it’s $29.5 billion, indicating the significant revenue potential in this industry.
Start A Print-On-Demand Business
USP/ Service | Customization at Scale: Offer various unique, customizable products that cater to diverse customer interests and trends. |
Business Type | E-commerce |
Expertise | Design Skills: Ability to create or source engaging designs that resonate with your target audience. Knowledge of design software is a plus.E-commerce Knowledge: Understanding of online marketing strategies, SEO, and the use of social media to drive traffic and sales.Customer Service: Providing excellent customer service to manage inquiries, orders, and any potential issues that arise with product satisfaction.Technical Savvy: Comfort using or learning the specific platforms and tools that integrate with POD services for product listing, order management, and sales tracking. |
Expected expenses | Website and Platform Fees: Costs related to setting up an online store, which can range from $29/month for basic Shopify plans to higher for advanced e-commerce solutions. Design Costs: If you’re outsourcing design work, expect to pay anywhere from $10 to several hundred dollars per design, depending on complexity and exclusivity. Marketing and Advertising: Essential for driving traffic and sales, budgeting at least $500 to $1,000 per month towards various marketing efforts can be a good starting point. Miscellaneous Expenses: Including domain names, email marketing tools, and any additional software needed for design or business management. |
Starting a print-on-demand business is easy and smart. You don’t need to buy or keep any products with you.
In this business, you can put your own designs and logos on products like hats, books, mugs, and more. When someone buys from you, the company that prints on demand will print your design on the product and send it to your customer.
A wide range of products can be offered using the print-on-demand model, ranging from books, hats, backpacks, blankets, and pillows to mugs, shoes, hoodies, and phone cases.
The versatility of this model allows you to cater to various niche markets, whether it’s pet lovers, vegans, gamers, or any other group. If you possess the requisite design skills, you can create your own unique designs. If that’s not your forte, you can always bring on board talented designers to help your venture.
How To Get Started With A Print-on-demand Business?
- Niche Selection: Identify a niche market that resonates with you and has demand. It could be anything from eco-friendly products to fandom merchandise.
- Design Creation: Develop unique, high-quality designs that appeal to your target market. If you’re not a designer yourself, you can hire freelance designers.
- Choosing a POD Platform: Select a reliable print-on-demand service provider like Printful, Teespring, or Redbubble. Consider product quality, shipping times, pricing, and the user interface.
- Set Up an Online Store: Create a standalone website with platforms like Shopify or integrate your POD service with marketplaces like Etsy or Amazon.
- Marketing: Develop a marketing strategy that could include social media marketing, influencer collaborations, SEO, and content marketing to attract customers to your store.
How Much Can You Earn With A Print-on-demand Business?
Your income with a print-on-demand business depends on various factors, including the niche, product quality, pricing, and marketing efforts. The average monthly income for a print-on-demand business is around $4,639, potentially reaching as high as $9,833.
Remember that the success of a print-on-demand business depends on your marketing efforts and the quality of your products.
Become A Website Developer
USP/ Service | Creating customised, interactive, and responsive websites that enhance the client’s online presence, meet their business objectives, and offer a superior user experience. |
Business Type | Service-based, specialising in website design and development. (Primarily online) |
Expertise | Proficiency in various coding languages (HTML, CSS, JavaScript, etc.)Knowledge of website design principles and user experience (UX)SEO optimization knowledgeFamiliarity with various web development platforms (WordPress, Joomla, Drupal, etc.) |
Expected expenses | Web development software and tools, Domain and hosting services for your agency’s website, Business branding and promotion, Operational expenses (office space, if not working remotely; salaries for team members) |
As the digital landscape continues to evolve, every business, big or small, requires a website. Although creating a website is now more straightforward than ever, many people lack the design skills needed to ensure a pleasing user experience.
You could set up a website development agency from home if you have those skills.
Website development is a business idea that involves creating and designing websites for clients.
This can include building websites from scratch, redesigning existing websites, and providing ongoing maintenance and support.
How To Get Started With Website Development?
To start a website development business, you’ll need a strong understanding of web design and development principles and the latest tools and technologies used in the industry. These can include programming languages like HTML, CSS, JavaScript, and PHP, as well as content management systems like WordPress and web development frameworks like React.
Here’s a simple guide to help you get started:
- Identify Your Niche: Decide what industries or types of businesses you want to serve. For example, you can differentiate your agency by specialising in e-commerce, portfolio, or custom business websites.
- Design a Portfolio Website: Create an impressive agency website showcasing your services and past works. This will serve as a testament to your skills and capabilities.
- Invest in Necessary Tools: Purchase needed software like Adobe Creative Cloud for designing and platforms like WordPress for development.
- Establish Your Pricing Strategy: Decide whether you’ll charge clients on a per-project basis, hourly rate, or a monthly retainer fee.
- Promote Your Agency: Implement digital marketing tactics, such as SEO, social media marketing, and content marketing, to attract potential clients.
- Maintain Quality Control: Always deliver high-quality work to your clients. Ensure each website is mobile-responsive, optimised for speed and SEO, and provides an excellent user experience.
How Much Can You Earn With Website Development?
The average hourly rate for a web developer in the United States is around $75, while the average salary for a web developer is around $77,000 per year. However, these figures can vary widely depending on factors like location, experience, and the specific services offered.
Become A Virtual Assistant
USP/ Service | Offering reliable, high-quality administrative and specialised services remotely to save clients time and increase their productivity without the costs associated with traditional employment. |
Business Type | Service-based, remote. (Online) |
Expertise |
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Expected expenses |
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In the era of remote work and growing entrepreneurship, individuals and businesses increasingly need administrative and specialised support without the overhead of full-time employees.
A virtual assistant (VA) is a self-employed individual who provides administrative, technical, or creative assistance to clients from a remote location. VAs can offer a wide range of services, including email management, calendar scheduling, data entry, social media management, content creation, customer support, and more.
If you enjoy working independently and have strong organisational skills, starting a virtual assistant business can be a great opportunity.
The best thing about it is that you can operate your business from home, which can help reduce overhead costs.
How To Get Started As A Virtual Assistant?
- Determine Services Offered: Define the scope of VA services offered, which could range from general to more specialised skills like bookkeeping or content creation.
- Create a Business Plan: Outline goals, target market, pricing structure, marketing strategy, and a plan for growth.
- Set Up a Workspace: Ensure you have a reliable computer, a high-speed internet connection, and a quiet workspace.
- Establish Your Online Presence: Create a professional website and social media profiles to showcase your services, testimonials, and contact information.
- Market Your Services: Utilise digital marketing strategies, network within relevant communities, and reach out to potential clients through various online platforms.
- Develop a Pricing Model: Decide if you will charge hourly rates, package rates, or retainer fees.
- Set up Client Management Processes: Implement systems to track time, manage tasks, and communicate effectively with clients. Tools like CRMs can be essential here.
- Prioritise Client Satisfaction: Deliver exceptional service, maintain open communication, and adapt to client needs to foster long-term relationships.
How Much Can You Earn Being A Virtual assistant?
Virtual assistants (VAs) can earn between $10 to $30 per hour, with the potential to earn more depending on their skills and expertise.
The average virtual assistant salary in the UK ranges from £24,000 to £48,000, with some VAs earning upwards of £100,000 by supporting multiple clients and insourcing work to other virtual assistants.
App Development
USP/ Service | Developing tailor-made, innovative, and user-friendly mobile applications that enhance user engagement and offer exceptional functionality to meet specific client needs. |
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Business Type | Service-based, specialising in mobile app development (Online) |
Expertise |
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Expected expenses |
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In today’s technology-driven world, mobile applications have emerged as essential tools for both businesses and individuals alike. These mobile apps simplify a broad range of activities – from handling everyday business tasks to managing personal health and fitness.
App development is a business idea that involves creating and designing mobile applications for various platforms, such as iOS and Android. This business can be highly profitable, with the potential to generate significant revenue through app sales, in-app purchases, and advertising.
How To Get Started With App Development?
- Define Your Niche: Identify the types of apps you want to develop (e.g., health and fitness, finance, education) and target markets.
- Assemble a Diverse Team: Build a team that includes app developers, UI/UX designers, project managers, and QA testers to cover all aspects of app development.
- Build a Portfolio: Create a few in-house apps or offer discounted services initially to build a portfolio that showcases your team’s capabilities.
- Invest in Tools and Technology: Acquire the necessary software, subscriptions, and devices for testing and development purposes.
- Create an Online Presence: Develop a professional website highlighting your services, portfolio, and client testimonials. Utilise social media to enhance your visibility.
- Set Your Pricing Strategy: Consider offering various pricing models, such as fixed-price projects, hourly rates, or retainer agreements.
- Market Your Services: Employ digital marketing strategies, attend industry conferences, and network within tech communities to attract clients.
- Stay Updated: Keep your skills and knowledge current with the latest development technologies, platforms, and trends to maintain a competitive edge.
How Much Can You Earn With App Development?
The earning potential in app development varies based on factors such as location, experience, skills, and the platform being developed for.
- Independent app developers earn an average monthly revenue of $1,500, while medium-size company developers make $7,500 a month, and large studios generate even higher revenue.
- Mobile application developers in the US earn a median annual wage of $133,000. iOS app developers earn an average salary of $122,000, while Android application developers make around $115,000.
- Freelance Android developers in the US can earn nearly $120,000 per year, with over 75% of them making at least $87,500 annually.
Overall, app developers have the potential to earn a substantial income, with salaries ranging from $85,000 to $133,000 annually in the US.
Become A Virtual Event Planner
USP/ Service | Developing tailor-made, innovative, and user-friendly mobile applications that enhance user engagement and offer exceptional functionality to meet specific client needs. |
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Business Type | Service-based, specialising in virtual event planning and management (Online) |
Expertise |
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Expected expenses |
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If you have previous experience in event management or related skills, you’re in a good position to start a home-based business as a virtual event planner. Are you good at organising and planning schedules? Do you enjoy networking, negotiating, and bringing people together? These skills can really make a difference when you are promoting your services to potential clients.
Virtual event planning is a business idea that involves organising and managing events that take place online, such as webinars, conferences, and product launches. This business can be highly profitable, with the potential to generate significant revenue through ticket sales, sponsorships, and advertising.
The virtual events industry is expected to grow at a rate of 18.8% yearly until 2030. This suggests a rising demand for event organisation and promotion, creating potential opportunities for businesses operating online.
Identifying your specific area of focus is key, whether it’s the kind of events you manage (such as conferences, meetings, or webinars) or the aim of these events (like personal celebrations, professional development workshops, or sector-specific expos).
How To Get Started With Virtual Event Planning?
- Identify Your Niche: Decide which types of events you want to plan (e.g., webinars, corporate meetings, virtual conferences, social events).
- Create a Business Plan: Detail your goals, target market, pricing, and marketing strategy.
- Learn About Virtual Event Platforms: Familiarise yourself with various platforms and learn their features and limitations.
- Establish Your Online Presence: Create a website and social media profiles to showcase your services, events you’ve planned, testimonials, and contact information.
- Develop Partnerships: Forge relationships with vendors who can provide additional services for your events, like graphic designers, speakers, or entertainers.
- Market Your Services: Promote your services through methods like digital marketing, networking, and client referrals.
- Provide Exceptional Service: Ensure each event runs smoothly, address any digital-related issues quickly, and focus on achieving your clients’ goals.
How Much Can You Earn With Virtual Event Planning?
The income potential for virtual event planning can vary greatly depending on your experience level and your target market.
The average weekly pay for a virtual event planner in the United States is $1,217, with wages sometimes reaching as high as $1,750]. On an annual basis, virtual event planners can expect to earn anywhere from $50,000 to $70,000 or more.
Become A Virtual Personal Trainer
USP/ Service | Offer clients personalised, convenient, and effective workout plans and nutritional guidance from the comfort of their own home. |
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Business Type | Service-based, focusing on personalised fitness and wellness coaching delivered virtually (Online) |
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The fitness industry now offers virtual personal training, a service that lets trainers connect with clients far and wide using the internet. Trainers can now work with clients online, no matter where they are.
If you are a fitness freak then this might be the ideal business idea for you.
Virtual personal trainers involve providing personalised fitness coaching and training services to clients remotely, typically through video conferencing or online platforms.
The personal training sector is valued at approximately $14 billion, with social media emerging as a key promotional platform for fitness experts.
How To Get Started As A Virtual Personal Trainer?
- Get Certified: Obtain certification from a reputable institution to gain credibility and knowledge.
- Select Your Niche: Focus on specific demographics or fitness goals, such as weight loss, strength training, senior fitness, or prenatal workouts.
- Build an Online Presence: Create a professional website and active social media profiles showcasing your expertise, services, and client testimonials.
- Choose Your Tools: Decide on the software and apps you’ll use for video sessions, tracking progress, and communicating with clients.
- Market Your Services: Use digital marketing strategies like content marketing, social media ads, and email campaigns to reach potential clients.
- Offer Comprehensive Packages: Design packages that include workout plans, nutritional advice, and regular check-ins. Consider offering group sessions or challenges to foster a sense of community.
- Provide Exceptional Service: Keep your clients motivated with personalised attention, regular progress assessments, and adjustments to their plans as needed.
Edit Podcasts
USP/ Service | Offer high-quality, timely, and reliable podcast editing services to help podcasters improve sound quality, remove errors, and create more professional podcast episodes. |
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Business Type | Service-based, specialised in podcast post-production. (Online) |
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The podcast world is booming. With millions of podcasts on every subject you can imagine, there’s a need for services to keep these shows sounding great.
Podcasting has become a mainstream pastime (or career option) in recent years.
For every podcast episode recorded, an editor must splice different segments together, remove any coughs and stutters, and enhance the audio quality. Starting a podcast editing business could be a smart move if you’ve got the right audio skills and love listening to podcasts.
How To Get Started With Podcast Editing?
- Learn or Polish Your Skills: Familiarise yourself with different audio editing software tools and perfect your editing skills.
- Identify Your Target Market: This could be all podcasters or a specific niche (e.g., business podcasts, comedy podcasts).
- Set Up Your Online Presence: Create a website and social media profiles showcasing your services, portfolio (if you have one), and reviews/testimonials.
- Set Your Rates: Pricing can be on a per-episode basis or an hourly editing rate.
- Outreach or Start Advertising: Reach out to potential clients directly or start advertising your services online.
- Deliver Great Service: Consistently deliver high-quality work and maintain strong communication with your clients.
How Much Can You Earn By Editing Podcasts?
The earnings for editing podcasts can vary depending on experience, the complexity of the work, and the market demand. The estimated total pay for a Podcast Editor is roughly $65,377 per year in the United States area, with an average salary of $56,026 per year.
The estimated additional pay, which may include bonuses and benefits, is around $9,351 per year. Additionally, on an hourly basis, a Podcast Editor might earn an average of $30 per hour.
Skill-Based Business Ideas
In today’s evolving marketplace, utilising your unique skills can be one of the most straightforward and rewarding pathways. Whether you’re an artist, a writer, a coder, or a consultant, the foundation of a successful business can often be built on the skills you already possess. Here are some skill-based business ideas for beginners:
Photography
USP/ Service | Custom photography services (portraits, events, landscapes, etc.) |
Business Type | Creative services (Hybrid) |
Expertise | Technical understanding of camera equipment and editing softwareEye for detail and compositionCreativity and the ability to see the world through a unique lens |
Expected expenses | Much like the art it is, the business of photography can be started with minimal initial investment. At the core, all you need is a good-quality camera and a creative vision. However, as you grow, investing in better equipment, editing software, and marketing can further enhance your business. |
If you have exceptional skills like capturing a lively moment with exact emotions in the frame, then the photography business can be a great idea for you as a beginner.
Photography, as a versatile medium, offers boundless opportunities for creative expression and communication. Starting a photography business can not only fulfil your creative passions but also serve a wide range of client needs, from capturing personal milestones to commercial advertising.
Many paths exist for selling your photos online; each can be fairly competitive. You could try selling stock photos, setting up your own online shop or contributing to popular platforms like Adobe Stock or Shutterstock.
If you want to build a unique brand, choose a photography niche. You can then start a career as a wedding, pet, fashion or product photographer.
A successful photography business can adopt various models:
- Freelance Photography: Offering services to individuals, agencies, or corporations on a project basis.
- Studio Photography: Operating from a fixed location, specialising in portraits, product shots, or thematic creative shoots.
- Event Photography: Focusing on weddings, corporate events, concerts, and festivals.
- Stock Photography: Creating and selling high-quality images to stock photo websites for commercial and editorial use.
How To Get Started With Photography?
- Identify Your Niche: Determine what type of photography excites you the most. Is it capturing the raw emotion of events, the serene beauty of landscapes, or the personal touch of portraits? Your niche will guide your business direction.
- Master Your Craft: Invest time in learning the technical skills needed. This could be through online courses, workshops, or self-study. Don’t forget the power of practice!
- Build Your Portfolio: Create a diverse portfolio that showcases your best work and distinct style. Consider offering free or discounted sessions to friends and family to build your portfolio.
- Set Your Business Up: Determine your pricing structure, create a business name, and legally establish your business.
- Market Your Magic: Utilise social media, create a stunning website, and network at local events to spread the word about your services.
- Seek Feedback and Grow: Listen to client feedback and continuously seek to improve both your technical skills and business acumen.
The best thing about the photography business lies in its flexibility. You can start from the comfort of your home, scheduling shoots around your availability. Whether through word-of-mouth or a striking Instagram feed, your business can flourish without the need for a brick-and-mortar studio.
How Much Can You Earn By Photography?
The earning potential for photographers can vary significantly depending on factors such as experience, location, and the types of photography services offered. The average salary for photographers in the United States ranges from $24,540 to $77,760 per year.
Translation Service
USP/ Service | Translation and localization services for documents, websites, software, and multimedia. |
Business Type | Service (Online) |
Expertise | Fluency in at least two languages.Understanding of cultural nuances and specific industry jargon.Excellent writing and editing skills. |
Expected expenses | Starting a translation service can be relatively low-cost, especially if you operate online. Initial expenses may include creating a professional website, investing in translation software tools, and marketing costs. As your business expands, you might consider hiring other translators, which would increase your business’s operational expenses. |
If you are someone who is a ‘man of culture’, then you might be proficient in your native language or fluent in more than one language. This innate knowledge can be used to set up a low-cost business of translation.
A translation service is a business that provides language translation services for individuals, businesses, and organisations. This can include document translation, website translation, and interpreting services for events and conferences.
There’s a growing demand for translators and translation services because of the rise in globalisation and language barriers. Accurate translation is required for successful communication in business, user guides, entertainment, and media.
How To Get Started With Translation?
- Identify Your Niche: Specialise in areas where demand is high and you have expertise, such as legal, medical, or technical translations. This can set you apart from competitors.
- Gain Certification: While not always required, certification can lend credibility to your services. Consider getting certified in the languages you specialise in.
- Create Your Online Presence: Develop a professional website showcasing your services, testimonials, and rates. Emphasise your language pairs and specialisation areas.
- Utilise Your Network: Reach out to potential clients in your niche. Use LinkedIn and other professional networks to connect with businesses that might require your services.
- Set Competitive Rates: Research what others in the market are charging and set your rates competitively. Consider offering package deals or discounts for large volumes of work.
- Deliver Excellence: Build a reputation for quality and reliability. Happy clients are more likely to return and refer others to your service.
How Much Can You Earn By Translation?
The earning potential for translators can vary significantly depending on factors such as experience, language pair, and the type of translation services provided. The median annual salary for translators and interpreters in the United States is $49,100.
However, this is just an average, and many translators can earn more than this through additional revenue streams and by offering specialised services.
For example, an in-house translator in the US can expect to earn a rate of $36.00 per hour, while a freelancer can command rates ranging from $30.00 to $70.00 per hour, depending on their skills, experience, and language pair.
Translators working on marketing documents tend to price their work from $25 per hour, while those providing transcreation services can command rates in the range of $35 to $75 per hour.
Consultancy
USP/ Service | Specialised advice and implementation strategies within your expertise area. |
Business Type | Service (Online) |
Expertise | Deep understanding of your chosen field.Strong analytical and problem-solving skills.Excellent communication and interpersonal abilities. |
Expected expenses | Starting a consultancy business often requires minimal upfront investment, particularly if you operate remotely. Main expenses may include setting up a professional website, marketing costs, and perhaps subscription fees for necessary software or online platforms. As your consultancy grows, you might consider investing in a physical office space or hiring additional consultants. |
If you find yourself constantly mentoring and advising others on subjects related to your area of expertise, consulting can be a kickstart business for you.
Consultancy services involve providing expert advice, guidance, and solutions to clients to help them improve their business operations, solve problems, or achieve specific goals.
As organisations continually seek external advice to optimise their performance, the demand for consultancy services spans various industries, from finance and management to health and education.
How To Get Started With Consultancy?
- Define Your Niche: Pinpoint the specific area where your expertise lies. Specialising helps set you apart and attract clients looking for focused advice.
- Develop Your Brand: Your brand is a reflection of your expertise and the value you offer. Create a compelling brand identity that communicates your unique selling proposition clearly.
- Build Your Network: Your initial clients are likely within your professional network. Attend industry events, join relevant forums, and use social media to broaden your reach.
- Set Your Fee Structure: Research what others in your niche charge and decide on your rate. You could opt for an hourly rate, project-based fees, or retainer agreements.
- Deliver Outstanding Results: The success of your consultancy will largely depend on the quality of the advice and solutions you provide. Focus on delivering exceptional value to build a strong reputation and encourage referrals.
Once your consultancy is off the ground, think about ways to grow and scale your business. This might include diversifying your service offerings, creating online courses or webinars, writing and publishing books, or expanding your team to cater to a broader client base.
How Much Can You Earn By Consultancy?
On average, consultants in the United States can expect to earn a significant income. According to data from Glassdoor, the estimated total pay for a Consultant in the United States is $122,581 per year, with an average base salary of $87,649 per year.
Additional compensation, which can include bonuses, profit sharing, and commissions, amounts to approximately $34,931 per year.
These ranges can fluctuate widely depending on many pivotal factors, such as position requirements, educational background, certifications, and additional skills.
Personal Styling Services
USP/ Service | Tailored styling advice, wardrobe audits, personal shopping sessions, and virtual styling options. |
Business Type | Service (Offline) |
Expertise | A keen eye for fashion and current trends.Understanding of body shapes, colours, and personal branding.Strong interpersonal and communication skills for client consultations. |
Expected expenses | Starting a personal styling business can be relatively cost-effective, especially if you begin by offering virtual services. Key initial investments might involve creating a professional online presence, marketing, and potentially transit costs for in-person client meetings. As your business grows, you may consider investing in a physical space for consultations or expanding your team. |
Styling is not just any celebrity commodity anymore, but a mainstream now. Every organised person needs a stylist for an elegant and personalised outlook for everything from makeup to accessories, heels to hairbands, ethnic to office wear.
Personal styling services involve providing fashion advice, wardrobe consultation, and outfit selection assistance to individuals looking to enhance their personal style and image.
If you have a great fashion sense, from top to toe, that matches the mood and occasion, you can delve into this business as a beginner.
How To Get Started With Personal Beauty Services?
- Define Your Services: Decide the specific services you’ll offer. Will you cater to high-end clients and corporate professionals, or perhaps specialise in styling for special events?
- Brand Yourself: As a stylist, your brand is everything. Create a visual and verbal identity that encapsulates your style philosophy and differentiates you in the marketplace.
- Build a Portfolio: Compile a collection of your work to showcase your styling prowess. This could include before-and-after transformations, mood boards, and testimonials.
- Price Your Services: Research what competitors charge and price your services accordingly. Consider offering packages, as well as one-time consultation fees.
- Utilise Social Media: Utilise platforms like Instagram, Pinterest, and YouTube to showcase your work, share fashion tips, and attract a following.
- Deliver and Impress: Your most powerful marketing tool is the word-of-mouth recommendations from satisfied clients. Go above and beyond to ensure each client feels their best.
How Much Can You Earn By Offering Personal Beauty Services?
With the professional beauty services market valued at USD 213.9 billion in 2022 and expected to grow at a CAGR of over 5% from 2023 to 2032, there is significant potential for earnings in this industry.
Considering the market is projected to reach approximately $580 billion by 2027, professionals in the field may have the opportunity to considerably increase their earnings, especially if they align with the projected growth rate of the overall market.
Sell Your Art
USP/ Service | Creating and selling unique pieces of art |
Business Type | Arts & Craft Business Hybrid (Offline/ Online) |
Expertise | Authentic artistic abilityCreativity and originalityUnderstanding of art and market trends |
Expected expenses | The cost of art supplies and possibly the cost of creating an online store. |
If you are an artist, you can make money from your creativity. You could create paintings, digital art, sculptures, photographs, or music. There are people who will want to buy your work.
You don’t need much to create art and start selling it.
Whether you’re painting on a canvas, sculpting, creating digital designs or any other form of art, you have the potential to turn your creativity into a profitable business.
If you want to sell your art from home, you need to do more than just create. You have to spend time promoting your work. Also, you need to build a brand and create a connection with your audience. You can use social media, art fairs, and online marketplaces to show people your work.
How To Get Started With Selling Art?
Here’s a simple guide to start your entrepreneurial journey as an artist:
- Identify your unique art style and decide what kinds of pieces you want to sell.
- Set your prices based on material costs, time spent, and what the market is willing to pay.
- Create an online portfolio or establish a presence on platforms like Etsy, eBay, or Instagram to reach a wider audience.
- Promote your work through social media, art fairs, local galleries, and networking.
- Ask for referrals and encourage happy customers to spread the word about your art.
You have the advantage of operating from your own home studio, saving you rent cost. You could also organise art exhibitions at popular spots to gain visibility.
Well-known online platforms for selling art include Artfinder, Saatchi Art, and Etsy. They offer different commission structures and cater to different types of artwork, so you can choose the one that best suits your artistic style and business goals.
Online platforms
Platform | Commission | Product Type |
Artfinder | 33% to 40% | Original artwork |
Saatchi Art | 65% | Original artwork and prints |
Etsy | 5% + listing fees | Original and printed artwork |
Become A Personal Chef
USP/ Service | Providing personalised culinary services |
Business Type | Catering & Culinary ServiceHybrid (In-Client’s-home/Online) |
Expertise | Exceptional cooking skillsAdaptability to different dietary needs/preferencesGood interpersonal skills |
Expected expenses | Costs for culinary supplies, training/updating skills, marketing, and business licensing. |
If you have a passion for cooking and possess family recipes that never fail to impress, why not turn that talent into a business as a personal chef? You have the opportunity to delight clients by preparing meals in the comfort of their own homes, customised to their dietary requirements and tastes.
Becoming a personal chef is a business idea that involves providing customised meal preparation and cooking services for individuals or families in their own homes. Personal chefs can work with clients to create personalised menus, shop for ingredients, and prepare healthy, delicious meals that meet their dietary needs and preferences.
As your business flourishes, consider broadening your offerings. Introduce your own line of products, create meal kits for easy at-home preparation, or offer cooking classes.
Another exciting venture could be launching a food truck.
Although steering away from a strictly home-based business, personal chefs benefit from engaging with their community rather than being confined to an office setting.
How To Become A Personal Chef?
Being a personal chef entails more than just a knack for tasty creations, here’s a step-by-step guide to launch your venture:
- Master your culinary skills, you may consider a culinary school or self-education courses to ensure your proficiency.
- Get necessary certifications such as food handler’s certificate and business licence.
- Decide on your services: regular meal preparation, special diets, small parties, cooking classes etc.
- Set appropriate pricing, consider the cost of groceries, time spent, and unique value you provide.
- Market your service: create a website, use social media, connect with local networks, and get referrals.
Also, there are platforms that link personal chefs with clients, like HireAChef or Thumbtack. These can be effective ways to connect with initial customers.
Online Platforms
Platform | Service Fee | Service Types |
HireAChef | Varies | All types of personal chef services |
Thumbtack | Varies | All types of personal chef services |
Intriguingly, in the modern era of remote work, you may even consider offering online cooking classes or sharing recipe videos to generate additional income.
How Much Can You Earn Being A Personal Chef?
The average salary for personal chefs in the United States is around $43,000 per year, with wages typically starting from $30,910 and going up to $84,570. Personal chefs who work for high-end clients or offer specialised services may earn significantly more than this.
Offer Bookkeeping Services
USP/ Service | Financial record keepingFinancial reportingPayroll and Invoice management |
Business Type | ServiceRemote (Online) |
Expertise | Financial knowledge, Organisational skills, Knowledge of accounting software |
Expected expenses | Minimal, mostly investment in training and accounting software licences |
If you have a knack for handling numbers, launching a bookkeeping business from home could be your ideal path.
Offering bookkeeping services is a business idea that involves providing financial record-keeping and organisation services to small businesses, entrepreneurs, and individuals. This includes tasks such as managing financial transactions, reconciling bank statements, preparing financial reports, and maintaining general ledger accounts.
To start a bookkeeping services business, you will need to have a strong background in accounting or a related field, as well as excellent organisational and communication skills.
How To Get Started With Bookkeeping Services?
Starting a bookkeeping services business can be straightforward. Here are some steps to guide you through the process:
- Tools and Training: Enhance your accounting knowledge through courses or certifications and familiarise yourself with accounting software such as QuickBooks or FreshBooks.
- Define Your Services: Decide on the range of bookkeeping services you want to offer, based on your expertise.
- Identify Your Market: Decide whether your services would cater to a particular industry or a broad spectrum of small businesses.
- Setting-Up: Whether you’re working solo or hiring staff, setting up an organised space either at home or an office is critical.
- Networking and Marketing: Tap into local business networks, use online marketing and ask for referrals to acquire new clients.
How Much Can You Earn By Offering Bookkeeping Services?
In the US, a typical bookkeeper earns about $45,000 annually. However, by working as a freelance bookkeeper, you have the potential to earn significantly more by raising your rates and expanding your clientele.
Create A Herbal Product Line
USP/ Service | Creating a range of herbal products that cater to health, beauty, and wellness, offering natural solutions free from synthetic chemicals. |
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Expected expenses | Product development (including formulation, testing), raw materials, packaging, branding, marketing, website development, and possibly insurance. |
If you have a family herbal remedy or just an interest in natural treatments, consider making and selling herbal products from your home.
Creating a herbal product line is a business idea that involves developing and marketing a range of herbal-based products, such as teas, supplements, skincare products, and essential oils.
Take the example of Wooden Spoon Herbs. It was founded by Lauren Haynes right in her own kitchen. Using traditional methods and American-grown herbs, she produces plant-based goods. Her online store now carries a variety of herbal teas, tinctures, and wellness products.
With a rising consumer preference for natural, organic, and cruelty-free goods, starting a venture in herbal product development can be both profitable and fulfilling.
How To Get Started With Creating A Herbal Product Line?
- Market Research: This is your first step toward understanding consumer needs, industry trends, and competition. Find your niche based on your knowledge and passion.
- Product Development: Develop formulations using herbal ingredients that can address specific wellness needs. Always ensure the safety and efficacy of your products.
- Compliance and Certification: Understand the regulations around herbal products in your operating area. Getting your products certified as organic or cruelty-free can add value to your brand.
- Branding: Create a brand that resonates with your target audience. Your product packaging and overall branding should reflect the natural, pure, and premium nature of your products.
- Production: You can start making your products at home if you are skilled in herbal product formulation, or you could hire a third-party manufacturer if your funds allow it.
- Marketing and Sales: You can sell your products online through a dedicated website and other online marketplaces, and through physical retail stores. Utilise social media, content marketing, SEO, partnerships, and email marketing to reach your target customers, educate them about your products, and persuade them to purchase.
Products can be sold both online (through an ecommerce site or online marketplaces like eBay, Amazon, etc.) and offline (through physical retail stores).
How Much Can You Earn With Herbal Product Lines?
The herbal product line business can be a profitable venture with the potential for significant earnings. In the United States, the average annual pay for a Herbal Medicine is $54,714 a year as of April 2024
Wordsmith. Caffeine enthusiast. A full-time business-oriented writer with a knack for turning the ordinary into extraordinary. When not working, you can find Ishan listening to music, reading or playing with doggos.