Table of Contents Hide
- #1. Blogging
- #2. Tutoring
- #3. Warehouse Storage
- #4. Property Maintenance
- #5. Online Trading (Stock or FX trading)
- #6. Create Products
- #7. Mini-Shipping Business
- #8. Venture into Real Estate
- #9. Freelancing
- #10. Set up an Online Training Course
- #11. Create e-books and Sell Online
- #12. Setup Online Marketing Agency
- #13. Affiliate Marketing and Sales
- #14. Event Planning
- #15. App Development
- #16. Computer Repair
- #17. Interior Decorator
- #18. Technology Repair Services
- #19. IT Support
- #20. Marketing Services
- #21. Food Truck
- 22. Website Design
- 23. Logo Design
- 24. Social Media Consultant
- 25. Copywriting
- 26. Courier Services
- 27. Funeral Homes
- 28. Pet Handling Service
- #29. Vacation Rentals
- #30. Party Services
- #31. Gardening and Grass Cutting
- #32. Snow Clearing
- #33. Translator
- #34. Mobile Hair Cutting
- #35. Warehouse and Storage
- What makes a small business successful?
The rate at which people are on the lookout for profitable small businesses these days is alarming. Gone are those days when you would put in a chunk of money into a business that will take forever to yield profit.
Thanks to technology that has made it even easier. Today you can comfortably make five to six figures even at the comfort of your home that is if you venture into the right business.
Well, every business is expected to yield profit but, unfortunately, some are a total loss and you wouldn’t want to start any business that you cannot boost of good accountability, or would you? certainly No!
This article contains a list of some small businesses with high-profit that you probably never knew or imagined its profitability.
We encourage you to take your time as you read through the list. You will learn in a way that will benefit you.
Blogging is currently one of the most profitable online businesses. It involves a fine combination of skill and patience.
If you like writing and you command a decent use of the English Language, you can start a blog. First, employ a web developer to help you create a site. Next, apply for a Google Adsense program which is the best means to monetize a blog.
Whether online or offline, tutoring is considered one of the most profitable small businesses in recent times. If you’re knowledgeable in any subject, you can start making money by teaching kids or wards. You can also create and sell courses online on platforms like Udemy.
#3. Warehouse Storage
Got a spare garage or building that’s not being used? If yes, then you can offer warehouse storage services. Providing a place for businesses and individuals to store goods and items can provide a highly profitable and predominantly passive income. This business may not be exactly stimulating but it pays.
#4. Property Maintenance
Property Maintenance is a profitable small business to start right away. There will always be a demand for people who are willing to clean gutters, repair chimneys, or pull out stubborn weeds. If you don’t mind getting your hands dirty, you can get started and earn extra income.
#5. Online Trading (Stock or FX trading)
Are you familiar with online Forex trading? Trading stocks and other valuables are one of the low investment high-profit business ideas to consider in today’s world.
Trading is a profitable venture for people who are skilled in its intricacies. You have nothing to worry about if you don’t know how to trade. There are lots of online FX companies like London Capital Group (LCG) and XTB that can teach you the art of trading.
#6. Create Products
You can make a buck-load of money by putting your creativity to use. You can join the growing list of people who make money by writing and selling e-books online.
There are lots of other things you can make such as making and selling snacks.
#7. Mini-Shipping Business
Shipping business is highly profitable. You can start making money by importing some high-in demand goods in small quantities.
Also you can look for contact overseas to learn of profitable items you can export from your country and start making money.
#8. Venture into Real Estate
Real Estate is a unique business that offers a great profit. People assume you need massive capital to embark on the business. Well, this is not always the case. You can start a real estate firm in a less competitive neighborhood and start making good money.
If you really want to secure the bag in this business, you have to partner with people with a similar idea who have good funds to start up the business.
One good thing about freelancing that you may not know is that it allows you to double your passion as a source of income.
Think of what you love to do, your hobby, and those e wonderful talents you’ve got. Make a sober reflection to meditate on your talent and possible ways to monetize your skill.
The internet is flooded with people who are willing to pay for your skill on platforms like www.fiverr.com or www.upwork.com and you would understand better.
#10. Set up an Online Training Course
Have you ever thought of making money while helping people simultaneously? Making money has never been better. You can help people in need of a gift or skill your posses by setting up an online training course.
By doing this, you impact positively to others while making money at the same time.
#11. Create e-books and Sell Online
According to a recent statistics, the number of people who have dropped the usual hard copy for soft copy books has soared over the years and the number is projected to keep increasing in geometric proportions in the coming years.
We encourage our readers to seize the opportunity of this growing market to make a buck-load of money.
Are you an educator? Are savvy in the tech industry? You can write e-books from your area of specialization and sell online.
#12. Setup Online Marketing Agency
Online marketing agency is one of the small business ideas for men with high profit. If you spend so much time online, it’s time to start thinking of ways of making money off your time spent online.
Search the internet on how to set up online marketing agency and start making money.
#13. Affiliate Marketing and Sales
Affiliate marketing is currently one of the best ways of making online. All you need to do is to create a website or blog in a niche you are vast in e.g a website about tech where you review stuff like phones and computers.
After creating the website, you would need to sign up with some affiliate programs where you get paid for embedding some links on website.
#14. Event Planning
Event planning business is a lucrative business one can start with small capital. The business comes with a lot of advantage such as making you a good person in the sense that it tones reasoning and make you become better organized.
#15. App Development
Creating simple apps require just a few minutes yet not all know how to create one. You can make money out of publishers who wish to have their websites in apps.
Learn the skill of app making to start raking-in money.
#16. Computer Repair
Computer repair business is another means of making money with small capital invested. All you need to do to make money from computer repairs to learn the skill of software or hardware engineering.
As a software engineer, you can make lots of money online from people you don’t need to meet.
#17. Interior Decorator
Interior decoration business is another profitable business with small start-up capital. You need to do is to learn the art of interior decoration.
The business would be easy for you if you are creative and have a flair for fine art. Learn the trade to start earning good money.
#18. Technology Repair Services
Got a good eye for technology and how it works? If so, setting up your own technology repair business could see you in high demand as the world becomes increasingly dependent on technology.
Repairing people’s much-loved gadgets can pay well and without much overhead, can prove to be a lucrative business. Naturally, those without a knack for technology will want to steer clear!
#19. IT Support
As we become more reliant on IT to run businesses and go about our daily lives, those who offer IT help and support are extremely sought-after. Quality IT support technicians can charge a decent rate for their skills and don’t require too much overhead or equipment to run their businesses. However, IT support is a competitive industry, so you’ll need to efficiently market your services to get noticed.
#20. Marketing Services
Businesses and organizations will always want a quality marketing team behind them to boost brand awareness and bring them results.
Marketing agencies can charge a lot for their services and thanks to advancing remote technology and the internet, marketing efforts can be done remotely, keeping overhead low and profits high.
Still, it must be said, marketing agencies are highly competitive and in order to be a success, you’ll have to show you can deliver results.
#21. Food Truck
This business might not be for everyone but it pays. Serving food from a food truck requires much lower startup and can be an extremely profitable business venture.
22. Website Design
If you are tech savvy and creative, this could be an excellent choice to run one of the most profitable businesses.
Every single company, big or small, has its own website, and the demand for a good website designer is only increasing. According to a recent survey, 29 percent of small businesses plan to launch their websites this year. You can earn about $75 per hour and between $5,000 and $10,000 designing a business website.
23. Logo Design
This is a low investment high-profit business ideas worth considering. You need to be a visual type of person and highly creative and be able to show a shining portfolio. Make sure you can come up with unique ideas, and do the homework of researching the potential market: while the demand for logo designers is high, also is the competition.
As a freelancer specializing in logo design, you should initially concentrate on building your portfolio. Every new customer would want to see your previous work. An extensive and high-quality portfolio can be the best marketing tool.
24. Social Media Consultant
Many business owners know that social media contacts drive traffic to their products and services, but they don’t know how to go about making that happen. If you know how to engage an audience to attract hundreds and thousands of viewers, business owners will pay for your services.
It’s crucial to build your portfolio so that you can attract clients. The challenge will be to get your first customer. An approach you could try is to publish content that demonstrates your expertise in social media marketing. This could assure your prospective clients that you have the knowledge to help them.
Show me an online business that is booming and I will point at a good copywriter. If you have a true talent for language and creative imagination can succeed as a copywriting entrepreneur.
You can create advertising and marketing materials that a lot of online and offline businesses need. Copy writing business is flexible, you can work from the comfort of you home as freelance writers with practically no overhead expenses.
To make a good copywriter, consider completing some courses on Search Engine Optimization on Google Digital Garage. You’ll pick up the basics, and the training programs are free.
26. Courier Services
Courier Services are very common these days. A courier service allows someone to send a parcel or consignment from one location to another.
You can partner with large firms, such as Amazon, or go fully independent if you have established the right connections of people who will use your services, especially if your fees are more affordable than the fees at larger companies.
27. Funeral Homes
Funeral services is a booming market as death is inevitable. You start up a funeral home but you have to acquire the necessary training in other to provide a perfect service. Do the research beforehand because getting started requires at least a Bachelor’s degree and be prepared for a high overhead cost.
28. Pet Handling Service
Many pets owners don’t like to leave their pets alone without anybody looking after them when they are away so they hire someone to look after their pets’ welfare.
If you love animals, you could earn some good money for taking care of pets. Your services could include dog walking, training, and grooming.
You may need a little start-up capital to cover the costs of setting up a website, getting a mobile pickup, and stocking up on grooming materials.
#29. Vacation Rentals
Vacation Rentals is one most profitable small businesses that many people don’t know. You can rent your space to Airbnb users to make a living. To recoup costs for advertising, cleaning, and supplies, you need to decide how many days to rent the property and for how much.
#30. Party Services
Weddings and birthday celebrations take place every season. Therefore offering a party will make a good business idea.
To be a good party planner, you need to have a specific skillset. You should have a good eye for detail and also be able to spot trends. You can start by organizing your office party or help friends or relatives with their birthday parties or other events.
#31. Gardening and Grass Cutting
Gardening is something that every homeowner needs to be done, and since many won’t have the time to do this themselves, they tend to hire someone to fix that for them. In you enjoy working outdoor, you can take up Gardening as side hustle. All you need is a few tools, lawn signs, and voila, you’re in the gardening business.
#32. Snow Clearing
Snow Clearing is another profitable small business to consider although it’s seasonal, it pays. People will need assistance in cleaning their path walks and driveways of snow during winter. You can be of help to them.
If you can speak multiple languages, then offering translation services for other people or companies will make a profitable small business idea for you. This service requires no upfront capital to get started. All you need to get started is a website an internet connection. You can work from anywhere.
#34. Mobile Hair Cutting
When you consider a low investment high-profit business, Mobile hair cut should be the first on your list. Taking time out of a busy day is something that many just don’t have the time for, busy families especially. You can drive up to a family home, and do the entire family of four in just a few minutes.
#35. Warehouse and Storage
Warehouse and Storage is one of the most successful small business ideas in recent times. When people move, they need extra space for storage, and a warehouse solves that problem.
You can learn how the storage business works on the Self Storage Association website. You can even become a Certified Self Storage Manager by completing an online course.
What makes a small business successful?
Starting a business may seem easy but growing it requires serious work that is why you need to connect with the right minds that can provide you with the resources that you need to scale up your business.
The first step to running a business successfully is getting a business plan; this will help you discover any weaknesses in your business idea so you can address them before you open for business.
Thankfully, you may not have to get overwhelmed trying to draft a business plan for your business. With the business yield generator, you can get the best business structure that suits any business type.
Business Yield Idea generator
What makes this the best anyone can find online is that this generator is purely done by humans not a set of algorithms or Artificial intelligence.
Humans gather data and do quick but detailed research
based on the information you provide. It’s simple, answer a set of quick and easy questions and your business ideas will be on your email in less than 24hrs.
24hrs because this is the most feasible idea generator as it takes into consideration, your budget, intended startup locations, talents and skills, the available time you can give the business, etc.
Based on these data with an extensive feasibility study and just a little token, you would have a list of ideas sent to your email with links to give you access to instant business plans, Business model canvas, and up to 3 years financial analysis to help you get started for the business.
Click on Business yield idea generator to access top business plans that will benefit you.