Whether you’re starting on this venture or you’re already stuck in this proverbial endless career, if you’re looking to start a new business this year, let us tell you that there are definitely some small business ideas that are better than others to do so. At the end of the day, you need to ask yourself what you are passionate about and why you are willing to sacrifice your peace of mind.
Of course, living in a big city can be making a lot of money with your work, but what is happiness for you? How much time do you waste to get to your office? How much do you like the company you work for? What about the people around you? And that without mentioning the costs of rent, quality of education, access to good hospitals, etc. etc.
It is not always about earning more money, and there are times when having more freedom or a better quality of life is more valuable. And the level of happiness and satisfaction you feel has a significant impact on your productivity. If you’re just navigating through the earrings of work without being really happy, it may be time to make a change.
With that in mind, we leave you 10 small business ideas that would be amazing for your next startup, and most can be managed as a business independent of your location. Of course, if you are also interested in the lifestyle of a digital nomad, you will surely love it. You will still have to deal with taxes and legal issues, but they are incredible business ideas to work regardless of who you are or where you are.
10 Small Business Ideas
1. Smart Appliance Repair
Today, almost everyone has a smartphone or tablet in their hands. Regardless of their location, everyone uses them. It depends on them. They use them to communicate, to surf the internet, and even to buy. So when those devices break down or break down, these individuals need help fixing them.
No matter where you are in the world, you can fix smart devices and turn that into a business. You can order parts and instructions from companies such as iFixIT, one of the largest resource providers to repair any type of smart electronic device. Once you get very good at this, you can fix from broken screens, drowned cell phones, or dead batteries in minutes.
2. Property manager for vacation
Vacation rental spaces are in great demand and is one of the most popular segments in the tourism industry. If you live in a tourist destination, you could easily manage the properties of people who do not want to get involved in cleaning, advertising, guests, etc.
Considering that there are many options to promote the properties, you can choose between Airbnb, HomeAway, or any other platform for people to know your spaces. The better you move, the more properties you can include in your portfolio. And you could earn between 20 and 40 percent of the total rental price.
3. Resale of websites
If you want fast money, you could devote to reselling websites. All you need to do is buy and sell sites on existing platforms. There is certainly an art when it comes to doing it, and you have to do some research, but if you do it, it is a direct way to earn money.
There are many sites that are dedicated to this. You can auction domains or sell entire websites. The latter will help you earn more money, and you can use platforms like flippa.com or FreeMarket.com to buy and sell domains or finished sites.
4. Educational courses and content
One of my favorite activities is to create content and educational courses. People are always looking to learn things and expand their skills, and if you can offer material to achieve it, you could earn a lot of money with this type of business.
There are many sites where you can sell your courses. You can use platforms like Udemy (although you would be subject to the promotional discounts applied by the company) or you can use Teachable, Coursera or lynda.com, or you can even create your own course under your membership model using cloud software.
5. Monthly delivery service
There are many monthly delivery services in the form of boxes in various industries. You can build your own service and have a great business with a constant income. Each month you will send a unique box with selected pieces that have to do with the industry in which you move.
What kind of industries apply? You can do services that include gourmet foods, wines, cosmetics, toys, and much more. It is a great way to build a loyalty program, having a solid membership base to which you can also offer other types of products or services.
6. Tourist guide
If you live in a tourist area, guided tours are always a great business idea. You can promote your services in many places, and the startup cost is practically zero.
Promote your guided tours on sites like Viator or TripAdvisor to reach more people. Make a Facebook Live of your trips and share it with your friends, in addition to uploading photos on Instagram and using the correct hashtags so that people find you more easily.
7. Coaching Services
If you are an expert in some area such as business, health or computers, why not become a coach? You can be a coach no matter where you live because you can offer your services by Skype, or in person. Write down three of your best skills and decide how you could sell them in a coaching service.
Nowadays, people pay thousands of pesos to coaches in order to learn the right skills that allow them to advance in their career or in their business. No matter what your category, you can definitely put together a coaching service, even if you have to get creative to achieve it.
8. Social network management
Currently, social networks demand a lot of time, and businesses do not have the capacity or knowledge to handle them themselves. However, they do realize that it is one of the most important aspects of their marketing, and if you master this area, you can add a lot of value to your local business, besides being able to earn money.
Today companies are willing to pay a good amount of money for someone to manage their networks. If you can help them generate leads and sales through this medium, you will have plenty of customers in no time. Follow other social media influencers and discover their best strategies to create your own.
9. Ad management agency
Ads on platforms like Facebook, Google, and YouTube have become dominant forces of advertising. Those who manage to understand how pay per click works know that this can make businesses grow quickly and efficiently. Once you know how to find the customers you buy, you can improve your business.
Take the time to learn how ads work on Google and Facebook. Take courses on this topic and find the best strategies to reach the right audience. Once you reach that audience, and you have the right offer that seems attractive, you can move much faster in the market.
10. Web and SEO development
Both web development and SEO offer excellent opportunities to do business. They are two concepts that can be difficult for many because there are too many variables at stake. With more than 200 factors for the algorithm to position you, it is no surprise that people doubt or make mistakes if they try to do it on their own.
Now, if you become very good at this, you can earn an impressive amount of money no matter where you are. You can sell your services as a web developer or SEO, or you can build your own niche sites with affiliate links and create a passive income stream.