When it comes to launching a new business, there are many ideas that you can try out. You have a range of options when it comes to building a lucrative business. This has resulted in many entrepreneurs succeeding. Many business owners are able to meet consumer demands simply by using the internet. With the right products or solutions, there is no limit to what you can achieve.
However, with every business venture, there is the possibility of either success or failure. Successful entrepreneurs and breakthrough innovators understand that long-term success is more than just a good business idea. It takes discipline, smart money management, good leadership, creativity, adaptability, funding, clear goals and much more.
But today we want to start off by sparking your interest and imagination with a handful of breakthrough small business ideas. Once you’ve narrowed down your focus, you can begin to turn your attention to the finer details of building a business. Let’s dive in.
1. Create an Online T-Shirt Business
One of the best small business ideas that have become incredibly popular in 2022 is an online T-shirt store. You can use a platform such as Shopify or Printful to get going. With just a bit of imagination, you will be able to launch your brand. Besides selling T-shirts, you can offer additional items like sweatshirts, shorts, prints, mugs, and posters.
2. Dropshipping Business
Breakthrough technologies have made it possible for dropshipping businesses to flourish. It offers the easiest option for launching an ecommerce enterprise. The best thing about this route is that it doesn’t require you to buy any products or keep a costly supply of inventory on hand.
There are even dropshipping apps that you can use to sell items. Avoiding the expense of spending money on manufacturing or warehousing, you will be able to focus on getting your marketing and branding just right. Innovators are selling all types of things including women’s clothing, jewelry, camping gear, collectables, educational materials, office supplies, toys and much more.
3. SEO Business Expert
Search engine optimization (SEO) has become incredibly popular in recent times. If you are tech-savvy and have an understanding of the latest technologies, you can provide advice and serve as a business expert. It’s about time that you put your skills to good use. Some of the ways through which you can earn as an SEO expert include content creation, link building, and website optimization.
4. Offer Online Courses
Have a passion for teaching? You can turn your hobby into a successful business by selling online courses. You will need to create a strong personal brand in order to convince people to sign up. Even if you don’t feel like making a course, you always have the option to teach online. There is a demand for just about every subject, from English and foreign languages, to tech subjects, art and more.
5. Video Producer and Online Influencer
For those of you with a strong creative side, becoming a video producer is a great option. As YouTube is one of the biggest websites in the world, you can start by uploading content and promoting it. It shouldn’t take long before you start earning money if you stick to content that folks are looking for.
Make sure that you create interesting videos with timely subject matter, genuine conversation, humor, and honesty. You will need to start by learning how to record videos and edit them. With plenty of challenges along the way, there’s a lot to be excited about.
6. Graphic Design
If you’re more into graphics and visual content, you can start providing graphic design services. There’s always a demand for graphic designers. It takes some training and once you get going you will need to differentiate and set yourself apart from the pack to get noticed.
You can take in-person or online courses from universities, community colleges, and online educational sources like Udemy, Coursera, and Skillshare, or even contract with a personal teacher or mentor.
7. Website Developer
Consider becoming a website developer. It takes graphic design to the next level and combines it with SEO skills, marketing tools, professional writing, programming and more. Businesses constantly need to improve and upgrade their websites and landing pages, so you would have no trouble growing your company. Besides, you will get to work on all types of websites and business owners which will give you a wide range of contacts and experience. Although it can be rather challenging, you are bound to enjoy your work.
8. App Development
Another possibly lucrative small business idea is to provide app development services. Since every company wants to have an app of its own, the demand for this kind of service is big plus.
If you’re a programmer, software developer or have skills in these areas, consider combining some creative ideas with your skills to make some useful and memorable apps.
9. Theme Designer
A breakthrough small business idea that you need to consider is becoming a theme designer. Similar to a website developer, you would get to work on designing various themes or templates for websites. It can be fun to come up with new website themes for companies and individuals to use.
It will allow you to flex both your creativity and your technical muscle and establish you as a go-to creative in your field that companies can look to for solutions.
10. Translator
Do you have a strong command of two or more languages? Then, you can provide translation services in various capacities. It is a great alternative to teaching. As a translator, you can work with corporations, government agencies, diplomats, the military, non-profits and others.
Your job can involve translating websites, print materials and recorded assets and collateral to ensure that each business is able to enter a different market. You can also work as a translator in-person during meetings and negotiations. This small business idea requires a minimal investment once you’ve become proficient in additional languages. No matter the condition of the economy, there will always be a demand for translation services.
11. Social Media Management
Most businesses require a social media presence in order to thrive. Since it can be time-consuming, most companies prefer to outsource their social media management work. This is why you can expect to find plenty of work once you start providing services and proving you know what you’re doing.
Make sure to keep up with the latest trends in order to succeed. You can offer different packages to clients based on the business type, market, and level of commitment.
12. Remote Customer Service Agent
Prefer helping others with problems they might have? Starting a call center will allow you to work as a remote customer service agent. The job would involve responding to queries and ensuring that you resolve every person’s issue. You will communicate with people via email, chat, phone, and other ways.
Customer service agents are tremendous assets to all companies and there remains a consistent need for experienced and capable representatives in this field.
13. Virtual Assistant
Companies today sometimes need the help of a virtual assistant to operate. You can make good money by providing the services of a virtual assistant to a number of companies. The job would involve writing content, answering emails, scheduling, managing resources, hosting meetings, and other tasks. You might even need to host interviews, perform data entry, conduct research, and other activities.
14. Remote Sales Team
If you have superior communication skills, you also have the option to employ a remote sales team and make money from each company you contract with. With most companies that adopt a lean approach, you can expect to find clients around every corner. As long as you maintain a high standard and strong sales figures, you will have clients.
You’ll need to excel in communication of all kinds, personal organization and self-discipline, strong leadership and training standards, and consistent follow-up with your team.
15. Affiliate Marketing
Take advantage of your online presence by leveraging affiliate marketing to increase your income. Affiliate marketing involves promoting a product or service that another company provides. It involves the use of blogging, social media, advertising, and other methods to convince customers to purchase things from a specific company. Every time your user purchases the product using one of your links, you will get to earn money.
16. Lead Generation Service Provider
Since increasing conversion rates is something that most businesses are interested in, you can become a lead generation service provider. What you will have to do is focus on lead generation activities. It would allow you to reach out to strangers and convince them to make a purchase from a specific company.
You will use digital strategies, social media, customer service, along with more traditional strategies like mail marketing, events and more to capitalize on every potential customer.
17. Handmade Goods Shop
If you already make handmade goods, you can sell them on a platform like Etsy or Amazon. It allows people who are interested in DIY to earn money doing what they love. Therefore, it is a viable business option to consider.
You can make and sell just about anything, fine woodworking products like furniture, crafts, clothing, toys, art and much more.
18. Start Baking
Since there is always a demand for food, you can start baking and generate revenue. You could offer all types of baked goods, such as bagels, macaroons, cakes, and croissants. A great thing about the online world is that you can even learn new recipes online and sell them to customers.
You can contract with coffee shops, restaurants, bars, and other businesses to carry your products, along with selling at local grocery stores and farmer’s markets and even online.
19. Organic Beauty Shop
As people become more conscious about how they look and about their well-being, the market for beauty products continues to grow. To enter this competitive market, you will need to create unique beauty products that connect with a wide audience.
You can use the internet, video marketing, in-person events, farmer’s markets, fashion shows, and much more, to promote your brand.
In Closing
Creating a thriving business takes a lot of time, work, creativity, capital, and help. You can build your skills and assets over time. However, initially, you need a great idea for what kind of business you want to take on. Consider our suggestions and others you may have come across. Find collaborators who can help you realize your vision and when things get difficult, don’t give up, simply adapt, learn more, and innovate.
Sound Accounts helps business owners increase their productivity and find greater success with superb bookkeeping support. Connect with us today to learn more about how Sound Accounts can help you get the most from your assets.
To learn more about small business ventures, check out our frequently asked questions and answers below.
FAQ
What is one of the most profitable business ideaz in 2022?
Business consulting has become one of the most profitable business ideas in 2022. Combining a range of skills like management, leadership, mentorship, tech skills, financial planning, communications, analysis, negotiation and strategy, this career allows you to market to and help a wide variety of clients.
What Can I Sell In 2022?
The choices are virtually limitless: T-shirts, cookies, website themes, toys, vacation packages, wellness products, advice, training courses, cleaning products, beauty aids, antiques and much more.
What Industry Will Boom In 2022?
The IT industry will experience a significant jump in 2022. As more of us are doing business online, working remotely, and communicating digitally, the need for IT support continues to rise exponentially.
