Small business ideas: Entrepreneurial opportunities

27 Jun 2022 | Sales & Marketing

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Hooshang Bakht

Brego Business was started with a mission to make entrepreneurship easy. Our goal is to help business owners grow and scale without having to deal with the day-to-day stress of running a business. We specialize in providing services that help business owners grow their businesses, including search engine marketing (SEM), social media marketing (SMM), LinkedIn marketing, video production, accounts receivable (AR), accounts payable (AP), internal audit, VCFO, and recruitment. We have helped more than 500 brands grow their businesses. We work closely with the clients to understand their unique needs and develop customized strategies that deliver measurable results.

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15 Small Business Ideas To Start Your Own Business Today

Do you think all startups need significant capital to get off the ground? Well, not in the case of these 15 small business ideas we have marked our favorite. Unlike other business ideas, these startups don’t need big cheques, luxury spaces, and massive workforces. Just passion, skills, strategic planning & execution—and your venture will be fruitful in a short span.

While you are looking for small business ideas, we have already assumed you don’t have much money but are full of enthusiasm, which is a must-have feature for every entrepreneur. On this list, we have featured a few mid-competitive businesses that are perfect for everyone who seeks liberty.Let’s take a look at the 15 Small Business Ideas To Start Your Own Business Today! But, do you know how to start your own business? If your mind goes on sleep mode with this question, here is a quick rundown for you.

How To Start Your Own Business With Little Or No Capital?

Business ideas never turn into unicorns by themselves. Success always stands on the efforts you put in. While figuring out a profitable business idea is the most challenging job in the cycle, we have done that job for you. However, these are the raw ideas based on the competition on-demand of these businesses in the market. If you really want to turn these ideas into your income source, here are a few things to do to make a worthwhile contribution.

  • Conduct a market research
  • Write down your business model
  • Collect funds for your startup (if required)
  • Choose a location
  • Name your business venture
  • Get your license and IDs
  • Open a business account

To start with the business ideas on this list, you don’t need anything extra from these things. Are you all set? Great! Let’s talk about the most beneficial business ideas that you can start with little or no capital at all.

Check this blog on Top 5 Qualities of a Successful Entrepreneur

15 Fruitful Small Business Ideas With Medium Competition

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To conduct market research, you will first need to find a business idea that works for you. On this list, you will walk through dozens of small business ideas that can make money from day one.


If you couldn’t start your eCommerce because of inventory issues, dropshipping is an ideal business to start. As an integral part of the eCommerce business model, dropshipping doesn’t require you to manage physical products.

Here’s how to start a dropshipping business?

  • Start an online store
  • Partner with retailers who already store products
  • Find shippers to deliver your products

Unlike other businesses, Dropshipping requires very little time, effort, and skills; thus, it is one of the best small business ideas to start.

Handyman Services

Are you always available for small projects such as window repair, small home appliance repair, fixture replacement, etc.? If yes, starting a handyman business can earn you a good amount.

Here’s how to start a handyman business?

  • Get your business website
  • Conduct a competitor research
  • Determine your expertise
  • Start with a powerful referral program to grow fast


If you love crafting beautiful things such as photo frames, cabinets, and candle stands out of wood, woodworking is one of the best small business ideas for you. Here’s how to start a woodworking business.

  • Get professional training before starting a business
  • Start a website or list on local classified websites
  • Sell your products online or provide services on-call


Do you know more than one language? Are you proficient in reading and writing? If yes, translating is the best business segment to dive into. Here is how to start as a translator.

  • Connect with the professional translator community
  • Get business from social media or online freelancing sites
  • Determine a specific niche to earn more

Tiffin Services

If your family loves your food, and you enjoy cooking, tiffin services or home catering is perhaps the best small business idea to start right now. While people are becoming more health-conscious, they prefer home-cooked food over-processed fast food. Here is how to start a tiffin business.

  • Get kitchen equipment
  • Decide the menu
  • Start with local offices
  • Partner with delivery boys

Sewing And Alteration Specialist

People always need clothing alterations, such as hemming, backstitching, edging, hindarm seam, etc. These services are often provided by sewing and alteration specialists. Here is how to get started as an alteration specialist.

  • Check your equipment
  • Choose a location near clothing shops
  • Partner with dry cleaners and laundry shop owners


Do you have projects and sources to get businesses but lack resources to finish those projects? Outsourcing is perhaps the best way to cash out these projects. Here is how to start an outsourcing business.

  • Choose an industry
  • Partner with the service providers
  • Set your commission
  • Enjoy earning brokerage

Life/Career Coach

If you have gone through negative phases, social transitions, and personal issues successfully, you can coach others. Here is how to start as a life/carrier/personal coach.

  • Find a niche
  • Set your fees
  • Find clients online or via references


Do you craft beautiful cards for your beloved? Though it is about emotions, you can earn with your card-making skills. Here is how to start a card-making business.

  • Design your portfolio
  • Start with social media
  • Get listed on local classified websites

Itinerary Planner

People have been fed up traveling to the same places every time. While travel agents are fading with time, personal itinerary planners are high in demand. Here is how to start as an itinerary planner.

  • Partner with hotels and taxi drivers
  • Mark your area of expertise (traveling)
  • Plan trips like you are doing it with yourself


Do you enjoy removing weeds or trimming hedges? If yes, gardening is one of the most profitable small business ideas to start. Here is how to get started as a gardener.

  • Get necessary tools & training
  • Apply for licenses
  • Market your business

Property Manager

Perhaps the most profitable business on the list, becoming a property manager requires nothing but time and attention to detail. All you need to do is take care of the home in the absence of property owners. Here is how to start as a property manager.

  • Partner with painter, contractors, and real estate agents
  • Look forward to improving the value of the property
  • Set your service charges strategically

HR Consultant

There is no shortage of job seekers. You walk through the streets, and you are likely to come across one job seeker. For this reason, HR consulting has become one of the best small business ideas to start today. Here is how to start as an HR Consultant.

  • Keep on check recent openings
  • Get details of talented human resources
  • Partner with organization and set consulting fees

Freelancer Writer

Do you know what people love to read? If yes, that’s enough to start as a freelance writer. Freelance writing is one of the best small businesses today! Here is how to get started as a freelance writer.

  • Join online community/groups
  • Go through writing guidelines
  • Determine targeted audience
  • Write what the readers want

Food Cart Owner

Every business on the list has a risk factor, but starting a food cart is completely risk-free. You just need to offer delicious food, and profit is guaranteed with a 98% customer retention rate. Here is how to start a food cart.

  • Choose a location for your car
  • Get food licenses
  • Set you menu
  • Start customer referral programs

These are the most fruitful small business ideas you can start with almost no or very little investment. While the profit and risk vary across the industries, passion and enthusiasm are common to accomplish success.

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Frequently asked questions

What are some new business ideas?

New business ideas can range from innovative product or service offerings to unique business models. Some examples include eco-friendly products, niche e-commerce stores, and subscription-based services.

How can I come up with new business ideas?

To come up with new business ideas, start by identifying problems or unmet needs in your target market, researching emerging trends and technologies, and brainstorming unique solutions to address these challenges.

What are some popular small business ideas?

Popular small business ideas include food trucks, online tutoring services, pet care businesses, and freelance writing or design services.

What are some low-cost small business ideas?

Low-cost small business ideas include starting a home-based business, offering pet-sitting or dog walking services, becoming a virtual assistant, or launching an online store using dropshipping.

How can I validate a new small business idea?

To validate a new small business idea, conduct market research to gauge demand, test your concept using a minimum viable product (MVP), and gather feedback from potential customers.

How can I finance my new small business?

You can finance your new small business through a variety of options, including bootstrapping, crowdfunding, small business loans, or grants.

How do I choose the right small business idea for me?

To choose the right small business idea for you, consider your interests, skills, and experience, as well as the potential profitability and scalability of the idea.

Can I start a small business without any prior experience?

Yes, you can start a small business without any prior experience. However, it's important to conduct research, seek guidance from experts, and be willing to learn as you go.

What are some unique small business ideas?

Unique small business ideas include creating artisanal products, launching a food delivery service for specialized diets, or starting a mobile car detailing business.

Where can I find a list of small business ideas?

You can find lists of small business ideas online through resources such as entrepreneurship websites, industry publications, and business idea generators.