The cost of setting up a new business has never been so low. Especially for online-based businesses. Technology has made starting your own business easy, affordable, and possible.
All you need to start a business online is a phone, a computer, an internet connection, and a domain name. Coming up with a good business idea is often one of the hardest hurdles.
BELOW ARE FEW IDEAS
1. Computer Repair Service
If you’ve got a young tech genius in your midst, a small computer repair service is simple as pie. Way back in 2010, 81% of American households already had either a laptop, desktop, or handheld computer. I can only imagine it is way higher now. So if your child seems to have a knack for all things tech, she may consider repairing computers for extra income.
2. Social Marketing
The world of internet marketing is about knowing what’s hot and telling people about it. Who is better suited to do both than a young entrepreneur? Kids are social media mavens. They engage one another. They inspire older people. Get them behind a cause or product and they will naturally create content that extols the virtues of whatever project grabs them. Like a fish in water.
3. Graphic Design
This business idea is great for creative types. While having a formal background in graphic design is absolutely going to be helpful, it’s also relatively easy to learn the foundations of graphic design on your own. An increasingly easy-to-use Adobe Illustrator and even more easily accessible tools like Stencil and Visme are making it so that just about anyone with two opposable thumbs, a bit of creativity.
4. Podcasting
The perfect business if you enjoy researching, chatting, and telling stories.
If you can create a regular audience for your podcast on a specific topic, this is a great way to get sponsors and fund this side business idea.
5. Meal Delivery Services
Meal delivery services are on the up, with people working longer hours and caring more about their health.
These ready meals offer a ton of opportunities for clever entrepreneurs who can figure out how to make theirs stand out from the crowd.
Here are some ideas for your unique selling point:
Vegan
Gluten-free
Paleo
Locally grown
6. Healthy Pet Food
We bet you didn’t think of pet food when coming up with innovative business ideas.
Pet food is a huge industry: we have a lot of pets, and they all need to eat. But how do you break in when there are already a number of giant pet food manufacturers out there?
The trends of human food are often echoed in the pet food world, so jumping on trends to create kibble that’s ‘healthy, ‘raw’, ‘artisan’ or ‘paleo’ is a smart move.
7. Nostalgic Restaurants
Nostalgia for the past is big right now – how many 90s memes and jokes do you see daily on the internet?
Tapping into this love of all things retro is a great way to create a profitable, unique restaurant. Pick an era, decade, or theme, then design your menu, decor, and music to fit accordingly.
8. Male Hair Salon
Gone are the days of men popping into the barbershop for a standard cut and shave – which opens the door to plenty of innovative business ideas.
Male grooming and fashion have come a long way, and most salons are yet to catch up. Be a trendsetter by creating a male hair salon that caters to the most style-conscious guys out there.
9. Organize specialty travel tours
Make a specialized travel tour company cater to individual lifestyle preferences. A tour startup made for solo travelers, a food-based tour geared towards certain diet preferences, or even an age-based tour company could gain traction across various demographics.
10. Create an airport-centric app
Creating an all-in-one app that allows travelers to navigate unfamiliar airports with real-time information is a relatively untapped startup idea. Though various travel applications exist, an app that shows amenities, TSA line wait times, ground transportation options, and airport maps could be useful to passengers.
11. Become a destination wedding planner
Take the stress out of wedding planning for couples and travel to exciting places around the globe. If you love exploring, are great under pressure, and don’t mind working long hours, this could be the startup idea for you.
12. Launch your own book
A book is just another type of product when you think about it. And as such, you can create one to serve a particular demand in the market.
Cookbooks, picture books, comic books, poetry books, photo books, coffee table books, and novels—if you’ve got the knowledge or the creativity, there are a variety of original books you can bring to the market.
13. Start a charitable business
Starting a non-profit organization isn’t the only path you can take to help fund a better world.
Having a mission to go along with a business, and setting aside some profit for a cause, gives social entrepreneurs a unique way to position their company in the market while addressing the issues they care about most.
14. Blogging
Blogging is one of the first business models to arise from the invention of the internet. Blogs are online magazines in a niche that people read for advice, information, and resources. Examples of popular blogs include Techcrunch which started as a hobby and turned into a business that was acquired for around $25m; Buzzfeed for trending millennial news/topics and Entrepreneur Handbook for advice on starting, managing, and running a business
15. Online Store
Opening an online e-commerce store is just as viable a way to make a living as it was a decade ago. Yes, the completion is tougher, but you have access to a wide range of free tools that you can use to set everything up with very little effort.
16. Data Analyst Consulting
With the rise of “big data,” increasingly more companies need to make sense of heaps of information to adjust their overall business strategies. A data analyst is someone who has the technical expertise to do this, often has a background in economics, mathematics, or finance.
17. SEO Expert
Search Engine Optimization (SEO) is an absolute necessity for everyone who wants to be relevant on the web.
A capable SEO expert can turn a dying business into a prosperous operation in a matter of months. No wonder then that the best SEO professionals can earn as much as seasoned software developers.
18. Content Writer
Businesses of all sizes embrace content marketing as their leading way of attracting customers and establishing their position as market leaders.
19. YouTube Stardom
Who hasn’t heard about PewDiePie, the biggest YouTube star with over 46 million subscribers? His journey to stardom started in his room with a humble webcam and one simple Let’s Play video, which he does to this day.
We have always emphasized the importance of having a good website for your company because it can act as your best tool for marketing and sales. A poorly designed website can repulse people from your business and can cause you to lose customers before you even have them. Get in touch with HyperEffects to work on creating, enhancing, and making the website of your company more user-friendly.