Are you looking for a viable business idea to try in 2022? You are at the right place! You shall find all the information in my article about the top 10 small business ideas for beginners in 2022. There are many business opportunities that you can try out as a small business owner. But, to make it through, you need to invest in one business idea successfully.
Doing your own business comes with its advantages, mainly that you can set your work schedule according to what seems comfortable to you. Also, you get to work and make money doing something that you love. This feels refreshing compared to the monotonous routine of a corporate job.
But on the other hand, starting your own small business can indeed be a very challenging task. According to a study, most small businesses tend to close down only after a year of their start. So, if you are thinking of venturing in the direction of starting your own business, you may need to do thorough market research before diving in deep. Also, you must think of an innovative marketing strategy to ensure a successful launch of your business.
The high chance of failure when starting your business is that many individuals make the mistake of choosing the wrong business idea. Once you decide which business idea to pursue, now is the time to make your own identity by putting together a logo, packing materials, branding, etc.
Trust me, having strong entrepreneurship skills is not enough when it comes to starting a new business. It would be best if you starting working a solid and viable business idea to use your passion for entrepreneurship. So, to help you on your quest, I have listed below 10 different small business ideas that have substantial growth potential.
Top 10 Small Business Ideas To Try Out
The onset of the pandemic has had a significant impact on our lives and has changed the entire work dynamics. It caused us to shift to the new regular letting go of traditional ways of doing things, including starting new business ideas.
Trying out an online business idea is the best way to test water at first. You may need to get a particular type of expertise and invest in a good laptop for a startup. Here is a list of 10 small business ideas for beginners to help you get started.
#1 Freelance Writing & Content Creation Agency
The demand for unique and innovative content continues to grow and so keeping up with the latest content demands can be super challenging for organizations. To keep themselves updated, organizations employ the services of freelance writers or a content creation agency.
So, if you have your way around words and profound love for writing, then content creation and freelance writing is the most straightforward idea that you can work on. In addition, if you are an expert on a particular niche like Crypto trading, you can start by catching content with video and infographics to capture the audience’s attention. You can even make your profile on online services platforms like Fiverr and Upwork.
#2 Print on Demand Business
Print-on-demand or POD is also one of the most straightforward business ideas with a high success rate. In a print-on-demand business, you sell customized t-shirts. But, here’s the catch, you don’t have to invest in the printing machines by yourself. Instead, you can find a supplier where you can fulfill your orders.
Once the order is complete, you can collect the money and pay back the supplier. The best thing about this business idea is that you don’t have to invest in a warehouse or maintain a specific inventory number.
You can jump-start your business by selling personalized t-shirts, hoodies, caps, photo frames, etc. Or, you can even look for new and exciting designs to display on your page.
#3 Virtual Assistant
Small business owners or people who run their business entirely by themselves tend to face problems keeping everything organized and keeping things going. Offering virtual assistant services to such companies is also a lucrative business idea that you can test.
You can provide your assistance and help in business communication, organizing appointments, making sure that deliveries are on time, etc. As its name suggests, you don’t need to be physically present in the organization to work as a virtual assistant. You can find virtual assistance work on crowdsourcing platforms like Remotco, Upwork, etc.
#4 Digital Marketing
Due to technological advancement, every aspect of a current business is now becoming entirely digitized. The significance of making your presence known digitally is proliferating. Contrary to the traditional way of marketing, the digital marketing target audience is not limited to a particular area or a group. Instead, you get to connect with your target audience around the globe.
As many big and small organizations jump on the bandwagon, digital marketing has become one of the hottest and most lucrative business ideas that you can try. To jump-start your career working as a digital marketer, you need to create compelling content and presentations. You can even offer your services to handle the social media accounts of big organizations.
#5 Web Designing
In today’s digital world, you shall hardly come across any organization that does not have its company web page. Having a presence online has become an essential part of every organization. To make their web page significant, organizations have to keep their web page super appealing, so they have to keep regularly updating the web design.
So, if you know your way around web design and work on platforms like WordPress and Wix. You can quickly start your own web designing agency offering web designing solutions to clients. Now the question arises, how to find clients to pitch your services? Don’t worry, and it’s relatively easy. You can start by spreading word of mouth about your services amongst your friends.
#6 Mobile App Development
Around the world, there are about 2.5 billion smartphone users, and the number is steadily increasing. With such a massive number of people now using smartphones, organizations are currently looking for revenue potential by making accessible mobile apps that are more user-friendly than desktop computers.
A majority of these applications are free, but these come with in-app purchases and advertisements that are useful for earning revenue. So, if you consider yourself a mobile app development wizz, you can offer app development services to such organizations.
#7 Affiliate Marketing
Affiliate marketing is the perfect solution for earning a passive income, especially for those individuals who already have a 9 to 5 job. For such people, affiliate marketing can become a lucrative side hustle making substantial profits in the long run.
You have to write reviews or make videos promoting products or services. Once a customer buys the product or service, you also receive a certain commission percentage. You can even join affiliate programs on online platforms like Amazon, Commission Junction, or Clickbank.
#8 Online Tutoring
Online tutoring is also a unique business idea that you can try out. Due to technological advancements and smart devices, online tutoring is gaining more popularity than traditional physical tutoring.
Also, online tutoring is the perfect solution for those individuals who want to learn at ease from the comfort of their homes. To jump-start a career in online tutoring, first, you need to assess and determine the subject in your excel. You can easily choose the topic you love and are passionate about helping others.
If you are a born writer, then blogging will feel like a dream come true. It is also a great business idea if you want to earn a part-time passive income. Now the question comes: what to blog about? You can blog about almost anything and any topic. All you need to do is provide helpful tips and solutions to people on any subject that is your passion.
You can write a blog about kitchen solutions or offer helpful advice to new moms. Making your blog isn’t very difficult. You can set up your blog using WordPress or Wix. If you are not a technical person, you can opt for no code solutions like the Appy Pie website builder.
For running a successful blog, you may need to post regular content. Posting regular content helps increase monetization chances from both affiliate programs and google ads.
#10 Online Bookkeeping Service
In case you are an accountant or even a finance professional, you make a business offering online bookkeeping solutions. Bookkeeping involves account management, record keeping, and payroll processing. Many organizations find it challenging to keep up with their daily accounts; offering a bookkeeping service is another lucrative way to earn substantial money.
Setting up your own business can be a somewhat daunting and challenging task, but the end rewards make it worth your time and investment. After going through the article, I hope you now have a fair idea about where to start your entrepreneurship journey.