While jumping on a new business trend can be risky and rewarding too, it requires a lot of planning and the right action. It’s important to be aware of market trends such as demand, supply, cost, opportunities, etc. In the below list of small business ideas, we have included those ideas which are popular, are growing in demand, and are less risky. At the same time, you can have a look at the small business statistics of US too, to get some insights.
- Digital Marketing
Digital marketing is a highly competitive field but rewards are equally great. You need to be quite skillful in this field. Digital marketing is basically the use of different digital channels and technologies to promote brands, services, and products. It is done by distributing content, such as videos, images, text, etc. by means of different digital platforms, like search engines, websites, social media, email, and mobile apps. Digital marketing also includes activities such as social media marketing, influencer marketing, email marketing, content marketing, search engine optimization (SEO), and pay-per-click (PPC) advertising. The ultimate aim of digital marketing is to engage potential customers through their preferred channels. Digital marketing has emerged as the most cost-effective and reliable way of marketing.
2. Online Tutoring
If you are an expert in subjects like Maths, art, or English then you surely have a lot in store in online tutoring. The basic requirement is a bachelor’s degree in the subject you intend to teach. You can interact with your students and deliver lectures over online tools like Zoom. Online tutoring is one of the easiest side businesses to start with great earning potential. You can find online tutoring clients on the platforms like Tutor.com and Skooli.
3. Content Writing
If you are naturally good at words you can establish yourself as a content writer or copywriter and can write press releases, blogs, and web content, companies pay a decent amount for such services. You can increase your value by adding skills like SEO and social media marketing so that you develop a strategy to write content around specific keywords. This business only requires a good internet connection and can be started in the comfort of your location. Once you have a large enough network you can also take this as your full-time job.
- Handyman
A handyman is a person who provides services for a small repair job or task to people who lack the skills or don’t have the time to do the task by themselves. A handyman business can suit you well if you have specific skills to help others fix up their homes. Initially, you can start up with a single service and later on, can diversify into multiple services. Few states may have special education requirements while others may not have the same requirements.
Personal Trainer
A personal trainer is a fitness professional who helps clients achieve their fitness goals. To become a personal trainer, you must have a certificate from an accredited fitness organization. The personal trainer must have excellent communication and interpersonal skills to keep the clients motivated every time. Personal trainers can work one-to-one with clients or in small groups and offer services in-person or online. You can work as an independent contractor or in a gym or fitness studio.
