Young entrepreneurs who are looking forward to making a difference this year should start working on small business ideas that are more profitable. Starting just a single small business isn’t something that can make you a millionaire or just an entrepreneur, but it teaches you how you can become one.
In our last blog, the most profitable small business ideas, we talked about comparatively bigger ideas that need some upfront investment. Our friends and fellows on social who are teen entrepreneurs in the majority asked us to write something on the simplest ideas that can only take a few weeks to make a huge difference.
Of course, it’s not an easy task but our team has some top entrepreneurs who are very helpful and they’ve decided to list out the most profitable businesses with the least amount of upfront investment. They have really amazing business ideas for young entrepreneurs. Let’s start the ideas list without wasting your precious time!
Small Business Requirements
Starting a small business is really the most important part-time job that you can do. We assure you, you’ll never regret it if you follow our tips for success. The entrepreneurship section has so many articles about success. You may read them some other time.
The first and foremost thing about the successful small business is the investment of your time. How much time do you have for your own business? The more time you give it, the more successful you will be. The second important thing is the business plan and your marketing skills.
Without marketing, nothing is going to hit the millions figure for getting viral over social media and to get the attention of billionaires. The third most important thing in our opinion is a great working team! If you’ve got these things you have planned well for success.
So, our three keys for success would be
- Investment of Time
- Business plan & Marketing
- Team Work!
Firstly, we’re going to talk about small business ideas with some monetary investment. At the end of these ideas, we have a free ideas list which you can start today.
These are almost risk-free businesses if your business plan is perfect. Read about Business Plan
1: Food Supplies (*Get Vehicles on Rent)
Food businesses are never going to fail. Food is the need of every single living organism in this world! Getting into the Supply business of fresh foods is a great profitable idea. In the most populated countries, the most popular business would be a real-life business with physical existence and daily base cash flows! Wholesale catering supplies business has no competition or a small competition. The suppliers are usually uneducated unorganized. Transportation is likely the only requirement.
Why don’t you start a well-organized catering supply business? If you cannot afford a small vehicle for the supply purpose, you can have them on the monthly rent. This is an interesting business. You don’t need to do it yourself, you just need to have a team of two or three honest, educated, and hard-working fellows who will carry out the business plan that has been planned and supervised by you! No business can be more beneficial than “Fruit and veg deliver” if you get the trust of people. How to get trusted widely? Be honest, be regular, and be nice to people!
Requirements: Marketing Skills and Research. Cash Flow: Daily base.
2: Small Scale Farming, Vegetable Farming.
Seasonal vegetable businesses and seasonal crop buying businesses are some of the common but less known profitable business ideas. All you need to have is perfect execution plan, you don’t need upfront investment if you want to buy ‘ready to harvest crops’
One of our friends had done a similar project and he only invested his skills and a little time. He bought a wheat field when it was almost ready to harvest. He earned a million within 3 months! This business requires a little experience and research on the land and region of most productive fields. What about fish farming? An investment of $300 can give you a good business of fish farming in villages and small towns and then apply idea no. 1 for supply purpose! Fish farming is a good profitable venture! Young Pakistani Entrepreneurs really need to look for unique and needed ventures.
Requirements: Communication skills, Marketing skills, and Public relations.
3: Equipment Rental business (tool rentals)
This is really a good business idea that can be implemented both online and in the market. People want to have facilities at the doorstep. Why don’t you rent them their required tools? Some of the ventures in this field are really growing! Mobile vehicle repair services are also amazingly making a lot of money!
Requirements: Some Experience and Public Dealing. Cash Flow: Daily base
4: Healthy Foods Business (Fast foods?)
Anything related to food is a great idea when you are passionate! Last year in 100 startups of Pakistan, one of the most successful small startups was “Paratha-Shop” of a lady and her husband. Healthy food stalls and startups are good businesses of all time. In today’s social media age, you can get fame and money by offering a few promotional offers for youth on social media!
Requirements: Passion, Skills, and Social Media Marketing. Cash Flow: Daily base
5: Open a stall – start a barbeque business
Yes, this one seems to be the simplest but it’s not! It needs great marketing skills and innovative ideas to get into the head of our crazy youth! All you need to get famous is quality food and great social media marketing skills.
Tip: Offer free Wi-Fi at your stall, make an engaging page with reviews and check-ins from youth! And then see the traffic! Read Social media for business promotion.
Requirements: Passion and Skills and SMM. Cash Flow: Daily base
6: Start a Dry fruit business
This business idea seems to be dry. No, it’s really a profitable idea. The price difference between the farms and the market will let you know about the profit of such a small business! Why all the Pathans at supermarkets pay high rents of shops of the dry fruits? Believe it or not, they earn more than 100%! The problem is, they are not educated and well-organized. So, work on their weakness and beat them in the market! Create a small online app with directions of your small dry fruits stores. Do not accumulate all the stuff in one place!
Requirements: Research and brainstorming and some experience. Cash Flow: Daily base
7: livestock and poultry sales
One of our team members had to visit his village last month, he came with an idea which was really not sounding good to us! Yes, he told me about two things. Poultry farming business has some risk of loss and the other one is livestock which is risk-free. Both of them don’t need much upfront investment. There is a huge profit in both of these ideas! Think about it and do some research on it!
Requirements: Some hard work and researches on livestock. Cash Flow: depends
8: Start a driving school, a handicraft school …
Starting a learning institute for people is a great idea because it has two major benefits. One is people are getting educated and the other is, of course, your business plan and profits. This needs some serious marketing skills and public relations. This is one of the small business ideas that are widely followed in the east.
Requirements: High PR, Great Marketing Skills, and some experience and research.
9: Uniform making business, Stationery for Schools
We know some of the young entrepreneurs who have tested these two businesses for real quick earnings. These both are profitable projects when done it medium and large scale. Once you make a reputation, these are business you will never leave!
Requirements: High PR, Marketing Skills, and research. Cash Flow: Daily base
10: Concrete blocks, cement blocks Business
We’re building a new house. We have seen a lot of such small businesses without any marketing skills, business plans, and customer care. We had to wait for a solid 30 minutes to get our building material loaded. This can be a great venture as the profit margin in this business is good. Resources and labor for this project are easily available.
Requirements: Business plan, Marketing Skills, and PR! Cash Flow: Daily base
The benefits offered by a job are often weighed against the prospect of working for yourself and having a business of your own. Having a small business (and extra money) to complement your job will always be useful and you have a backup in case something goes wrong. That is why it’s called small business. But before running around and hitting a wall ask yourself what are the best ideas for small businesses? Stay tuned.
Having your own business makes you the boss and awards the freedom to work when you want and how you want without taking orders or putting up with anybody.
We are going to tell you about some of the best ideas for small businesses that you can pursue while working 9-5 since most of us can’t afford the luxury of leaving our jobs. Small businesses don’t become a success in a fortnight but if you keep working and remain patient you will find your way.
As a first step, you need to choose the right idea because some ideas might work out for some people but you might run into trouble with those. Choosing the right idea that you are comfortable with is the best way to go. Ask yourself What I can do? What is my strength? From there figure out things you are good at and have the skills to complete.
Ask yourself these questions and choose from these ideas to work on, while you’re still working full-time.
- Virtual Assistant: People over the internet are always looking for an individual to manage their work. If you are proud of your organizational and time management skills that can be of assistance in an office you can work from home. Virtual Assistants mostly work as an Assistant as the name suggests and carry out simple tasks. You can even get paid on an hourly basis to suit your availability. This is also a good way to get to know people and build a network for yourself. You can check such opportunities at Upwork, Freelancer, or other freelance platforms.
- Graphic Design Have the vision and creativity to create art? Great! Become a Graphic Designer. Graphic Designers are always in demand and you do not need to have a formal degree to learn the trade. Have a creative mind and get started with Photoshop or Illustrator. You can get paid by designing websites, logos, business cards, and vector graphics, etc. You can work on Fiverr, 99designs, and freelancers.
- Commission-Only Sales
Communicate and Negotiate. Become a Salesperson who earns a commission on every sale made. Other startups and businesses that are just getting started to hire people on a part-time basis. You can market and sell the product by working at home. This is also another great way to build links with other people which results in more opportunities.
- Mobile phone Case Selling
People love to accessorize their mobile phones and you can take advantage of that by providing the service and having a healthy business for yourself. You don’t need to have a store to sell these. Most of these accessories are sold through an online store which requires zero investment. You can sell them on Amazon or Etsy as well.
- Affiliate Marketing
If you have a good following on social media and drive a lot of traffic on your website you can become an Affiliate Marketer. You will get paid to market products of different brands through social media or your website. Maybe putting all those hours on Facebook was worth it after all.
- Online Tutor
You will be amazed by the rewards this profession pays. We all have been a student and most of us still are and you can probably guess that people have a hard time understanding subjects and concepts. Never thought that algebra and calculus might come in handy? Well, start thinking right away. If you have the expertise and a good understanding of a subject you can teach others. People in foreign countries are paying a hefty sum by the hour to tutors. Education will never go out of business so take the mantle and teach them, kids!
- Work as a Social Media Manager
Are you an experienced social media user and have managed a lot of followers previously? If the answer is yes then you are in for a treat. As a Social Media Manager, your responsibilities will include updating posts, uploading pictures, and regulating the comments made by people. Social Media is the boom nowadays and every brand is looking for personnel to manage their social media.
- Adventure Clubs
If you love traveling and have traveled around on a lot of adventures why not tell others and make some money. The Adventure Clubs and Traveling agencies are popping day by day since there is a lot of demand for them.
- Business Consultant – Helping others Invest Money
If you have skills to analyze a business then provide your consulting services to others who are just starting out. Advise them on the dos and don’ts and help them to invest their money to rake in maximum profits. You get paid and make a lot of friends making your network better and stronger.
- Tee Shirt Designing
One of the easiest. Just have a creative mind and pay attention to the current trends in fashion and style. You can sell these through online stores. If you have trouble getting them printed yourself you can always submit your design on Teespring and they will take care of everything from production to delivery.
- Become a writer
If you can convey your message through your words you can become a writer. You can write articles or blog posts. A lot of companies and freelance marketplaces pay for content writers or ghostwriters. This is a good way to establish yourself as this field has a lot of growth opportunities.
- Event Management
If you know how to throw a party then become an event planner. Here you get to socialize with the rich and the powerful. Plan an event that people can enjoy and remember and you will automatically be booming with more offers. You can plan parties, business functions, or even wedding ceremonies! Make their day a special one and you get a good sum of money once you complete the project.
- Stock Photography
If you like to take photos of beautiful landscapes you can sell these photos online for money. Shutterstock is one such platform. Photographers nowadays charge a lot and you can even shoot at parties or events.
- Become a Programmer
If you have good programming skills then you will never be out of opportunities. You can become a web developer, android developer, or windows software developer. You can work from home on projects. In the end, the best ideas for small businesses are not usually the required ones. Choose what is right for you and what you are capable of! Make the best out of what you have and do wonders.
Manufacturing Business Ideas
These are some of the manufacturing business ideas to work one:
- Toy Manufacturer
- Smartphone Accessory Maker
- Plastic Container Manufacturer
- Textile Producer
- Furniture Maker
- Niche Snack Foods Maker
- Candy Maker
- Bread Maker
- Olive Oil Production
- Canned Goods Maker
- Shoe Maker
- Belt Maker
- Leather Manufacturer
- Wig Maker
- Hair Products Manufacturer
- Makeup Production
- Fertilizer Production
- Chalk Manufacturer
- Direct-to-Consumer Tech Device Producer
- Electrical Fittings Producer
- Musical Instrument Maker
- Automotive Parts Manufacturer
- Roofing Materials Manufacturer
- Eyeglass Manufacturer
- Air Freshener Production
- Sports Equipment Manufacturer
- Etsy Seller
- Paper Maker
- Bag Manufacturer
- Box Manufacturer
- Jewelry Maker
- Glass Bead Production
- Clothing Production
- Kitchen Utensil Manufacturer
- Picture Frame Maker
- Carpet Maker
- Pillow Manufacturer
- Diaper Production
- Ink Cartridge Maker
- Drug Manufacturer
- Chemical Production
- Soap and Detergent Production
- Cement Maker
- Tool Manufacturer.
- Nail and Bolt Manufacturer
- Ceramic Tile Maker
Creative Small Business Ideas For Men
Here are some of the best business ideas for men to start today:
- Start Earning through blogging
- Dropshipping business idea
- Start Freelancing for Fast Income
- Content Writing services
- Start Selling Online courses
- Become A Freelance Business consultant
- Start Cleaning business
- Freelance graphic designer
- Become A Web Designer
- Data Entry work
- Translating business
- Shoe Making Business
- Fresh Fruit Juice Making
- Start Podcasting
- Online Boutique
- Opening Barbers Shop
- Starting a Salon
- Voice over Artiste
- Bag Making Business
- School Biz Projects
- Tailoring Startup Idea
- Opening Toy Stores
- Events Decorator Startup
- Wedding Planner Business
- Home Tutors
- Forex Trading for Experts