500 Best small Business Ideas: Start your own business

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500 Best small Business Ideas: Start your own business

Are you looking for the best small business ideas? You’re in the right place

We have researched, tried and tested the following small business ideas and they have proven to be working for us and we believe that they will also work you

The best advice when it comes to choosing the best business idea, you need to look what are the problems that are affecting your society

Small business ideas come from problems that affect us and so if you don’t choose any from our list

You need to ask yourself

What problems are people facing in my society?

How many people does that problem affect?

If a problem affects a large number of people, that is the beginning of a business idea

Money is in solving problems which people are facing

If you don’t solve problems money will not come

Now you know that money is in solving problems

Let’s now look at the problems people are facing and how to come up with these small business ideas to make money

While starting a business, your main goal should be to make profits in a long run, in the shortrun the profits can be zero or low but this should not discourage you

What are the best 500 small business ideas to start?

Best small Business Ideas: Phone repair

With this digital world, almost every person has got a phone and phones get damaged every day

Smart phone screens get broken every day; this is the beginning of a business idea to make money

I have a friend who operates a phone repair business and he is reaping big from his business

You can learn almost anything related to phone repair from YouTube free of charge

All you need is to place yourself in an area that has a relatively large number of people

Best small Business Ideas: Start a drug shop

People will never stop falling sick and this is a sector where there is huge amount of money that is to be made

All you need is to coordinate with a friend who is a doctor and get an operating license and hire a nurse who will work there

Best small Business Ideas: Start a poultry business

Poultry farming is a great way to get started with keeping domestic birds; they don’t require large pieces of land

To get started you only need to get poultry feeds which you can provide to them on a daily basis

You can choose to rare layers, broilers or both so that you can be able to sell them on the market

There is a huge market for eggs

Once you have established yourself in the market, consumers will come

Best small Business Ideas: Start a digital marketing agency

Starting a digital marketing agency is a great business idea that pays, all you need is to choose the best

The best digital marketing agencies to start include:

  • SEO agency
  • Branding agency
  • Graphic design agency
  • Social media management agency
  • Content creation agency
  • Ads management agency
  • Web design agency

There are many companies that are going online and they are interested in hiring people to perform all the above task

All you need is to have a skill that required to get started

If you don’t have the required skills, there is no excuse for not getting started

You can learn any skill online on YouTube or join skillshare

Best small Business Ideas: Start an internet café

Do you live in an urban area? Is there a university or an institute near you? Starting an internet café is a great way to earn money from students

Since they are interested in helping them to do their course work assignments

On an internet café, you can add printers so that you can offer printing services

This will provide you with extra revenue

Best small Business Ideas: Open up a stationary

A stationary business is the one that sells scholastic materials such as books, reams of papers, text books, bibles etc

With a stationary you need also to offer printing services

These will help you supplement on your income, you can also add consulting or research service

All these are great way to earn extra income from your stationary business

Best small Business Ideas: start a restaurant

Starting a restaurant is a great small business idea, all you need is a place where there is a large number of working individuals whom you can supply with tea, breakfast and lunch

You can charge them per meal or monthly

With a restaurant you need to set it in a busy area

Best small Business Ideas:    Start a bakery

Starting a bakery is a great business idea if started very well; individuals are interested in eating bread

All you need is a steady supply of raw materials and labor force

You can start by serving a small market and as your business grows, you can tap into the other markets, as your business grows you can hire or purchase a truck that will take bread to other urban areas

With a bakery, you can also invest in the whole supply chain, you can become the producer of raw materials, transporter, buyer and the supplier of the finished product

In that way you will make profits in a long run

Best small Business Ideas: Become a personal chef

Are you going at cooking? There are many individuals who are interested in hiring a personal chef to help prepare breakfast, lunch or supper

You can also offer online classes to people who are interested in learning how to prepare meals for themselves

You can put these classes from your website or create a YouTube channel

Best small Business Ideas: Start a YouTube channel

Starting a YouTube channel is a great business idea if you have a skill that you’re interested in teaching people

To start making money you need to have 1,000 subscribers and 4,000 watch hours to join the YouTube partnership program

YouTube will pay to allow it display adverts on your videos

You will be paid per 1,000 views, the amount you earn will depend on your niche and the nationality of your audience

The best niches for starting a YouTube channel include:

  • Personal finance
  • Beauty and make up
  • Fashion and design
  • Motivation
  • Celebrity gosp
  • News

Besides earning money from YouTube partnership, you can also earn money from affiliate marketing and sponsorship

Now let’s look at what affiliate marketing is

Best small Business Ideas: Affiliate marketing

Affiliate marketing refers to promoting other people’s products to earn a commission whenever a sale is made via your affiliate link

How does affiliate marketing work?

Once you have chosen your niche, you look for affiliate programs within that niche, you request to join those affiliate programs

Once your request is accepted you will be given an affiliate link which will help to track all the sales that comes from your site

There are many affiliate programs you can choose to promote, all you need is to promote products that you love and trust to be helpful to your audience

The best affiliate niches include:

  • Personal finance
  • Insurance
  • Beauty and fashion
  • Business
  • Software
  • Etc

All you need to do is to choose something which you’re passionate about, there should be a high audience of people interested in the products you’re promoting and lastly people should be willing to purchase the products

To become successful at affiliate marketing, you need to have a blog or YouTube channel with a royal audience

A blog will offer you with a platform where you will produce and post your content

Now let’s look at starting a blog in details

Best small Business Ideas: Start a blog

Starting a blog is one of the best online business ideas that will change your life

What is a blog?

A blog is a website that is regularly updated with new content

To start a blog, you only need a domain name and web hosting

A domain name is the name of your blog while web hosting is where your website files will be stored

To start a blog you need to choose a niche which your passionate about, there should be a large audience of people interested in reading your content and also there should be a market value

By market value I mean your audience should be interested in purchasing products which you’re recommending to them for you to make money

So how does a blog earn you money?

The best ways blogs earn money include affiliate marketing, advertising, sponsorships, courses, memberships etc

The whole of this website is geared towards helping you become successful

We have all the guides to help you get started

Best small Business Ideas: Product reviews

Are passionate at reviewing product? This is a great business idea, people love to read reviews before purchasing products

You can give your honest review to your audience, once you develop trust with them, they will be happy purchasing products via your links

As a product reviewer, you will earn money through sponsorships, advertising and affiliate marketing

Best small Business Ideas: Start a food delivery service

Do you live in an area with corporate people? Do you have a motorcycle or a car? If yes

Why not deliver products to consumers home for a pay? If you own a truck, people will hire you to take products or raw materials from the village to urban centres

Best small Business Ideas: Offer web design services

Are you good at designing websites? Are you good at coding or programming? If yes why not offer this service online

All you need is a portfolio of your past work

If you have no past work, you can create your own website and it will work as your portfolio

You can get gigs from Fiverr, Flexjobs, solid gigs, upwork etc

Best small Business Ideas: Offer services

What are you good at? Do you have any transferrable skill you can offer?

If yes why not offer that service offline or online?

The best services to offer include:

  • Article writing
  • Data entry and analysis
  • Web design
  • Virtual assistant
  • Book keeping
  • Records management
  • App development
  • Etc

All you need is to have something which you are good at and this should be the beginning of a business idea

Best small Business Ideas: Develop software

Are you good at programming or coding? The 21st millionaires have come from developing software

You don’t need to be a software developer, you can hire someone to develop software on your behalf

The software you develop should solve a problem which your audience is facing

The good thing with software is that the business is scalable

You have to create software once and sell multiple copies several times

The software industry is a billion dollar business, all you need is to start

Examples of software billion dollar companies include:

  • Uber
  • Airbnb
  • Safeboda
  • Taxify
  • CLickfunnels
  • SEMRush
  • Convertkit

Best small Business Ideas: start a hair saloon

A hair salon business is great to start, you don’t need a lot of capital, all you need is a machine and a mirror plus electricity

You need to target an area with over 80 potential customers or near an education institution

My friend started a saloon in an a remote area which we had disguised, surprising people line up for him every day

You don’t need to be in an urban area, it can be a small trading centre as long as there are people

That is a good site to get started

Best small Business Ideas: Currency trading

This a great business idea for people who live near borders or international airports, people are interested in exchanging money from one currency to another

You can make good money daily by positioning yourself where these people are

This small business idea also works well where rich people from foreign countries hang out

Best small Business Ideas: start your own bank

Starting your own bank is a great business idea though it may seem to require you to have a lot of money

You can start small by lending out money for interest

As you business starts to grow, you can go on and register to operate legally

This business idea works well in an area with a working population since they are ever interested in getting money to spend before they receive their monthly salary

Best small Business Ideas: start a photography business

Do you have a good quality camera? If yes this is the starting of this business idea

People are interested in hiring people who will capture images and videos for their happy moments like wedding, birthday, baby shower etc

All you need is to position yourself as an expert in those niches

Besides working offline, you can take photos and sell them online

There are people who are interested in buying and using loyalty images for their business

Take images and sell them on Foap, shutterstock, pixaby

Best small Business Ideas: Start a pork Joint

A pork join is a great way to get started in an urban area

People love and enjoy taking, all you need is to look for an area with a large number of people who are interested in it

Caution, you don’t need to set up a pork joint in an area where there Muslims and seventh day Adventist because that is not your target market

Best small Business Ideas: Start a Gym business

A gym is a great business idea to start if you live near an area with large number of working population; these people are interested in making exercises and reducing on the amount of fats.
Target a working population in an urban area

These people can pay for memberships, or pay a fee per day to get acess to the gym equipments

Best small Business Ideas: Start a pet business

Do you love playing with pets? The pet business is a billion dollar business, over 60% of all US residents have pets

The pet business can range from

  • Pet feeds
  • Dog walking
  • Pet rearing

The best pets to start a business around are:

  • Dogs
  • Cats
  • Horses

Etc

Best small Business Ideas: Start a day care centre

Do you live in an area with a working population? These people are interested in getting someone who will look after their siblings

Once you establish your own day care centre, all you need is to start marketing it to these people

Once your services are good, they will be happy working with you.

Best small Business Ideas: Start a content creation agency

Are you good at writing blog posts? This business idea is for you

You can start by charging individuals who are interested in getting high quality blog posts

All you need is a portfolio of your past clients

If you have no portfolio, you can create blog post and put them on your website

If these blog posts rank well in the search engine, it will prove to your clients that you can client content that ranks well in the search engine.

Best small Business Ideas: start a construction company

Do you have engineering skills? This is an opportunity for you

People are ever interested in constructing houses, why not be the one to offer this service

You don’t need to have the skills; you can outsource all the heavy work and do the work of linking clients to service providers

All you need is to position yourself in a busy area that is just developing

Best small Business Ideas: Online tutoring

Are you good at teaching a given topic? Instead of teaching offline to a small audience, why not offer this training online to a large audience

You can teach anything online ranging from English, Data entry and analysis, excel, coding, programming etc

You can also join VIPKIDS and start teaching English to young kids in china

Best small Business Ideas: Create and sell online courses

Selling online courses is a great way to earn extra income online; all you need is a skill that people are interested in learning

This skill can range from data analysis, video editing, proofreading, voice over, blogging etc

You can sell courses on your website directly or sell them on course selling websites like udemy, skillshare, courser, and creativelive

Best small Business Ideas: Create and sell furniture

Do you know that every house you look at needs furniture? Who is providing that furniture? Why not be the one

Examples of furniture products include:

  • Chairs
  • Tables
  • Beds
  • Etc

All you need is to create good quality products which are not created by anyone on the market

Customers will come

Before you need customers, first offer a solution to the problems the people are facing

Money is in solving problems, the more problems you solve, the more money you will make

Best small Business Ideas: start a welding business

Do you know that people need good looking metallic doors and windows? These products are hard to get

All you need is to start this business in an area where people are constructing houses

You don’t need to know welding skills, you can hire other people to work for you and you pay them according to the work they have done

Best small Business Ideas: Decoration and tent business

The decoration and tent is a great small business idea to start in a busy area, people will hire you whenever they want to do wedding, graduation parties etc

You will charge these people every time you work for them

This is a great business you can do on weekends or in your free time

Best small Business Ideas: Start a cake production business

Cake production is a great business idea you can start in your free time, if done well it can also translate into a full time income

All you need is to have the necessary raw materials to get started

To become successful you need to be in an area with a large number of people

Best small Business Ideas: Start a garage

There has been an increase in the number of vehicles and motorcycles, all these require people to repair them or have someone to sell spare parts

The vehicle owners have a problem and you will be there to solve their problem

A garage is a great small business idea that can translate into a lucrative business

Best small Business Ideas: Start a washing bay

Did you know that people are lazy these days? They cannot wash their own motorcycles and cars

Then you come in

They have a problem and they are willing to pay you

You present the solution and get paid

In this business idea, you don’t need to wash cars, you can hire other people to wash cars and pay them according to the task they have completed

Foe example you have a washing bay and hire 10 people and you charge $10 for every car, in a car you work on 30 days and pay $6 per car washed

Then for you, you get $4 in profit on every car

At the end of the day you make $4*30=$130 in profits

This is a good business; all you need is to position yourself in an area with large number of cars and motorcycles

Best small Business Ideas: Start a boutique

People love modern clothes; they are interested in looking good, why not come in and offer this business opportunity

All you need is to position yourself in an area with a large growing population of young people since this is your target market

Best small Business Ideas: Start a recreation business

People love to take each other out, why not start a bar, lodge or restaurant

There is a lot of money that is to be made within this industry, start a lodge and charge people for sleeping

To earn extra income, you can also provide meals and breakfast to all your visitors

To earn more make sure that your selling all products which they need including a protector, soda, beer, wine, etc

Recreation businesses include:

  • Hotels
  • Restaurants
  • Bars
  • Lodges
  • Swimming pools
  • Theatre

Best small Business Ideas: start filming and video production

Do you know what has made Nigerians and Ghanaians known across the globe? It is the film industry

There is a lot of money that is to be made here, you can create and sell videos and make money

People are also making good money by producing comedy files and uploading them to YouTube

Best small Business Ideas: start an agricultural business

Agriculture is a trillion dollar industry; death of this industry means human has gone extinct

We need people to supply us with food; there is a huge demand of agricultural products across the globe

There are many businesses that can be started ranging from food production, transportation, marketing and consumption

So the supply chain of agricultural products involves the following:

  • Producers
  • Transporters
  • Middle men
  • Suppliers
  • Consumers

At all these stages you can start a small business around it

For example:

Let’s look at poultry farming

The poultry farming small business ideas include:

  • Poultry keeping (layers or broilers)
  • Egg production
  • Egg hatching
  • Poultry feeds production business
  • Egg selling

Agriculture alone has over 10,000 business ideas that can be started

All you need is to look for a problem that is affecting people and offer a solution to that problem

Best small Business Ideas: start a transport business

People are interested in moving from one place to another, they need a medium that will help you

Why not offer this medium and make money, people are willing to pay you to help them move from urban to rural areas or move from rural to urban areas

The great business ideas to start in this include:

  • Public service vehicle
  • Boda boda motorcycle
  • Fuel business

Etc

Best small Business Ideas: start a butcher

People we love meat, we are omnivores, this is a great business idea to start

All you need is a place where there are a large number of people who can buy your meat and start supplying them with meat

Meat production is a lucrative business idea to start

Best small Business Ideas: Start an electronics

People are interested in purchasing the latest garget, where will they buy from?

This is where you come in

In can sell phones, computers, hoofers, solar panels, smart phones etc

This is a great business idea to start in an area that is growing and many people will be happy to give you money once you solve their problem

In business money is in solving problems

Best small Business Ideas: start a timber business

The timber business is a great business to start, it includes all people in the supply chain such as producers, loggers, transporters, marketers and consumers

You can decide to start a business around any of the above, if you have a lot of money you can invest in the who production chain

Best small Business Ideas: start a fuel business

Do you know that every motorcycle and car on the road consumes fuel?

Why not position yourself as the service provider

All you need to do is to put fuel pumps on all roads that coming from urban centers

You need to position your fuel stations strategically

Best small Business Ideas: start a clinic or drug shop

Do you know that people will never stop falling sick? Where will they get the required health care service?

This is where you come in

By providing the required medical care, tablets, injections and the necessary prescriptions

Best small Business Ideas: Start a school/ education business

Starting an education institution is a great business idea, as the number of children interested in joining school goes up

Parents will need better quality schools to take their children

This is where you come in

As a business person you need to look at what problem is affecting your society and you come in with a solution

Businesses related to education include:

  • Day care business
  • Pre primary school business
  • Primary school business
  • Secondary school business
  • Tertiary business
  • University

At every education stage, that is a great business idea to start

Best small Business Ideas: start a freelancing business

A freelancer is someone who performs tasks online to different clients without being tired to a monthly salary

He is paid whenever a job is completed

Examples of freelancing jobs include:

  • Article writing
  • Video editing
  • Editing’
  • Proofreading
  • Web design
  • Graphic design
  • Logo design
  • Social media management
  • Marketing
  • Etc

As a freelancer you can get jobs from:

  • Upwork
  • Fiverr
  • Solidgigs
  • Flexjobs
  • Etrc

All you need is to have a portfolio of your past clients, if you’re a complete beginner, you can start by creating and posting content on your website, work for a low pay or for free etc

Best small Business Ideas: Public speaking

Can you speak to people and they get inspired? This is for you, all you need is a skill that is within your niche

You can offer these speaking events for free and go on to charge a price whenever you’re being called to present

Best small Business Ideas: Tour guide

Do you live in an area with tourist attractions? Are you well versed with all the ins and outs of the site? This is for you

You can help tourists by showing to them all the things they have come to visit and earn a living for that

Best small Business Ideas: Offer plumbing service

Do you live in an area with tap water? If you have good plumbing skills, this is a business idea for you

You can do this in the evening or weekends as a side gig and earn extra money on the side

Best small Business Ideas: Become a social media influencer

Do you have a large following on social media? Why not leverage that following into money?

Companies and brands will come to you so that they can tap into your audience

You can charge these companies per post you create about them

Best small Business Ideas: Sell produce

Do you know that people in urban centre cannot survive without stores selling food

Why not be the one?

All you need is to start a produce business in an area that has a relatively large number of people

Conclusion

Have you chosen the best small business idea from our list? Do you still need more?

Let’s look at business ideas Questions and Answers

  1. How to develop money making business idea?

Look at what problems are affecting the society, does it affect a large number of people, and can people pay you by providing a solution to that problem?

If yes this is the beginning of a business idea, start a business that solves that problem and money will come

Share your opinion with us in the comments below