With the lack of jobs available currently why not be self employed and start a business of your own? If you think you have what it takes here are 10 business ideas for you.
1.START A PROFITABLE BLOG
When you start an online business, you’re most likely selling one of three things- your time (coaching or consulting), your own products (e-commerce or SaaS) or someone else’s products (affiliate marketing or ads). With a blog, you can sell all of these from one website and make the most money of any online business idea out there. In fact, recent blogging statistics show that more than thousands of bloggers are creating content on topics as diverse as scrapbooking, home cooking, travel, film, lifestyle, business, personal finance and more and earning good money from it too.
2.ONLINE CONTENT SERVICES
Online freelance businesses are doing very well right now. If you know writing, graphic design, website design, web or app development, audio or video editing, social media management, blog management, or anything else you can do online, this is a great way to earn as a side job or even full-time. Your only big costs are a computer and reliable internet, as well as any required software.
3.EDUCATION SERVICES
Using your educational skills for profit is a common trend with all of the best side business ideas. If you’re an expert at something, there’s likely an audience of people online who would be willing to pay to become an expert in your field. Tutoring, college admissions coaching, and test prep are always in demand. If you want to take your skills and turn them into an online course that teaches others, now is the best time to grab that opportunity. You’re able to make your own schedule, teach one-on-one, and a good amount of profit on the side.
4.FUNERAL SERVICES
Due to the rapid spread of the unforeseen virus, COVID 19, the world has seen a rise in deaths like never before. Given the unfortunate circumstances, most businesses have been shutting down. Due to this a majority of the public are not able to give a proper give away for their loved ones. Though startup costs and licensing requirements can be quite high, services related to funerals, burials, and cremations are profitable and always in demand and can be a good business to start if one is really in need of income.
5.REAL ESTATE
The real estate investment in the present time needs a different strategic approach than purchasing a property for personal use. According to real estate experts, it’s a big yes to invest in the real estate sector in the next two years. If you are willing to spend the time and money to get a real estate license in your state, you may be able to start your own company with little additional work. Some states have bigger licensing requirements than others, so make sure you follow all regulations when starting up.
6.PERSONAL WELLNESS AND HEALTH
It is especially crucial during these times to take health seriously. In addition to an aging population that needs more care, both at home and away, millions of people are looking to improve their diet, exercise, and lifestyle routines. Home care workers, trainers, coaches, dietitians, and other self-employed services are helpful and can make a profitable business.
7.SOCIAL MEDIA MANAGER
We’re all guilty of spending too much time on Facebook, Twitter, or Pinterest sometimes, so why not get paid to put your expertise to work as a side business idea? Lots of companies, especially startups or those in retail and travel, even influencers, have heavy social media presences and are constantly in need of people to help build their brands online. You can build your own social following and create a personal brand for yourself and countless opportunities will come your way for turning these kinds of side business ideas into a full-time business.
8.GRAPHIC DESIGNER
Even in 2020, the graphic design industry is filled with more opportunities than ever, thanks to the web. Corporations, small businesses and sole proprietors all need eye-catching promotional materials, but not nearly everybody has an eye for what looks good. If you’ve got an artistic streak and know how to organize content into a visually pleasing format, you can start a graphic design business to provide flyers, digital ads, posters and other engaging visual materials. Graphic design also has the benefit of requiring few physical tools beyond a laptop and a desk. So if you have the artistic skills there’s no better time to start than now.
9.DIGITAL MARKETING
With social distancing becoming the new normal, a majority of the society prefer online services over manual. The importance of the internet grows with every passing day which is making it harder for most businesses to cut through the clutter and properly market themselves. Digital marketing services are always in demand, and many small and midsize companies would rather outsource it than establish a costly in-house team. If you are skilled in SEO, content marketing, pay-per-click, web development or social media management, you could have a business opportunity that allows you the freedom to work from home. Also, if you enjoy strategizing and implementing plans thoroughly, digital marketing could be the right business for you.
10.PHONE CASE BUSINESS
There are more than 2.5 billion smartphone users in the world, and the number is increasing every day. Since pretty much everyone has a smartphone, smartphone cases are one of the top-selling mobile phone accessories. As a result, some mobile case sellers rake in 6 or 7-figure incomes by selling a high volume of cases. Though the competition is pretty fierce, you can get start by testing out your phone case ideas with Amazon FBA before creating a full-fledged website. For example, one popular store called Etsy managed to sell handmade cases worth $60,000 in its first year. Once you’ve finished manufacturing your cases, you can easily list your collection of new products on e-commerce giants like Amazon and eBay. And eventually once you start making some money, you can launch your own e-commerce website to improve your profit margins.
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