Small Business Ideas You Can Start In 2023
October 21, 2022
Looking for a practical list of small business ideas? You’ve come to the right place.
There are many benefits to starting a small business, such as a more flexible work schedule, doing something you enjoy and being in control. But before you can start a successful small business, you need an idea.
To help you choose, we have compiled a list of small business ideas for everyone, including teenagers as well.
Drop Shipping Business
Dropshipping is a specific type of retail business in which businesses sell products without having to keep stock. Instead, your dropshipping company supplier will take care of this for you. Because you don’t hold stock, you also don’t need a physical premises.
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Content Writing Business
If you’re a natural wordsmith with some copywriting knowledge, you can establish yourself as a freelance copywriter or content writer. Writing is one of the most flexible small business ideas out there. Whether you write blogs, web content or press releases, plenty of companies will pay for your creative spin with words.
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Social Media Management Business
If you have a love for social media and a solid understanding of how each platform works, why not help businesses grow by starting a social media marketing service? You can establish a social media consultancy or work as a social media consultant to help assist busy entrepreneurs.
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Photo Or Video Editing Business
Do you enjoy editing photos in Photoshop? Or perhaps you have a passion for video making instead? Many people and businesses don’t have the time or resources to do this themselves and would need someone like you to improve their digital collateral. This is a skillset that is always sought after.
Web Development Business
Web development skills are always in high demand. If you know the basics or intricate details of developing a website, have you ever thought about turning this into a business? You could work from an office, home or even remotely. The choice is yours.
Catering Business
Have some extreme cooking skills? Fancy yourself a chef? If you have a passion for cooking, have you considered catering for local events and other special occasions? This option has low start-up costs and the ability to determine your own hours and dishes you would like to cook.
Online Courses Business
Got a skill you can educate others in? Or perhaps knowledge on a particular subject? Why not use those skills and knowledge to start creating and selling online courses? There is no limit to what you can teach, such as digital marketing, copywriting, DIY hacks, cooking – the list goes on!
Event Planning Business
Do you enjoy planning birthdays, gatherings, business events and family outings? Why not use that passion to create your own event planning business? Many people require help to plan enjoyable experiences and if this is right up your alley – sounds like a great fit for you.
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Open An Online Store
Do you create vintage, handmade, or custom-made products? Have you ever thought of selling your creations online? Thanks to the internet, selling is now easier than ever. There are many online platforms such as Etsy, Amazon or Marketplace that reaches a whole range of audiences all in one place.
Digital Products Business
Digital products can’t be held, tasted, or touched but yet are so highly consumed. Selling digital products has a long list of advantages, such as no shipping costs. You can sell almost anything; templates, eBooks, music, fonts, guides/tutorials, recipes, patterns and printables. Be creative!
Small Business Ideas For Teenagers Or Young Entrepreneurs
You don’t have to be an adult to start your own business. In fact, there are many different business opportunities that teens or young entrepreneurs can use to get their business journey started.
Here are six business ideas that might be a good fit.
Child Care Business
If you love kids, then running a day care is quite a popular option to consider. You can choose your own hours at your convenience. Childcare services are in high demand as most parents are busy working.
Academic Tutoring Business
Do you excel at a particular subject? Having a virtual or in person tutoring business can give you a great deal of job flexibility and there are no restrictions on what you can teach. The education industry also has one of the highest return of investments.
Dog Walking Business
Do you love dogs and the great outdoors? With two in five households owning a dog, the demand for this type of service is continuing to rise. This option provides plenty of flexibility and minimal start up costs.
Handmade Crafts Business
Are you a crafty DIY person? If you’re creative and create handmade items such as jewellery, invitations, decorations or other accessories then you can sell your products online. Marketplace, Etsy or eBay are great places to begin.
Make Up Business
Do you know the art of applying makeup? The beauty industry is constantly evolving, which is creating more opportunities for entrepreneurs in the beauty space. You can work as a makeup artist or by creating videos on how to do various types of makeup looks.
Podcasting Business
Prefer not to be in front of the camera? Some people have a natural flair for creating audio content. Have you noticed a passion in this area? Then how about starting a podcast? You don’t need all the expensive gear to start, you can simply use a smartphone.
How We Can Help You Start Your Business
If you are ready to take the leap into Self-Employment and are ready to be your own boss, we can provide you with the guidance and training to start a business that is right for you.
Our Self-Employment Assistance program can provide you with:
- Small business training
- Assistance to develop a detailed business plan
- Personalised mentoring, support and advice
- Business health checks
- Business advice sessions
- Exploring Self-Employment workshops
You can check your eligibility for this program here. You can also read some of our Self-Employment Assistance success stories here.
Acknowledgement Of Country
Business Foundations acknowledges the traditional custodians throughout Western Australia and their continuing connection to the land, waters and community. We pay our respects to all members of the Aboriginal communities and their cultures; and to Elders both past and present.
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