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You’ve probably heard the term big resignation. Since the COVID-19 pandemic began, it describes the millions of Americans who have decided to quit jobs in the traditional workforce and rethink when, where and how they work.
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But that doesn’t mean people shy away from the workforce. Instead, many Americans have turned to creating their own businesses, with a focus on setting their own schedules and setting aside more time for family and leisure. 4.4 million business applications were submitted in 2020, when the In total, he will reach 5.4 million by 2021, NPR reports.
If you’re a member of The Great Resignation or are thinking of joining the ranks, there are plenty of small business ideas out there where you can turn your previous work experience or passions and hobbies into profitable ventures.
27 Small Business Ideas That Will Turn You Into Dollars
Any small business idea can be a huge success if it can meet its needs. Check out these business ideas that can make you money in 2022.
1. Consultant
Businesses and individuals may be willing to pay big bucks for the expertise you gain on the job. Consultants are sought after in a variety of specialties, including finance, human resources, careers, and management.
The market for management consultancies is expected to be worth $263.5 billion by 2022, according to business research firm IBISWorld.
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2. Home stager
A “staged” home for sale gives prospective buyers an idea of what the home might look like. After the homeowner has cleared their belongings and reduced the home to its bare essentials, the stager can rearrange the furniture to maximize the space.
Experienced home stagers invest in the furniture and accessories they use in their homes, but they can start with what the seller already has, as long as it’s in good condition. Selling faster and for more money makes the investment worth it for the seller.
3. Exercise Master
During the pandemic, workouts moved away from gyms and fitness centers, and some users decided they liked the convenience of working out at home. It may not motivate you to train
Come up with new exercises and routines and demonstrate them on YouTube and Facebook Live. These sample videos may attract customers who will pay to access all of your creative exercise techniques online.
4. Pet services
With so much time spent working from home during the pandemic, 19% of Americans surveyed by the ASPCA got a dog or cat between March 2020 and 2021. This has opened the door to a range of pet-related services such as dog walking and animal training.
The Bureau of Labor Statistics projects that employment of animal care and services workers will increase by 33% from 2020 to 2030.
5. E-books
All you need to do to start writing an e-book is choose the niche you want to write in and the niche people want to read.Amazon bestsellers show what people read and buy increase.
If you plan to self-publish, there are many platforms where you can sell your work. Good examples include Amazon’s Kindle Direct Publishing, Apple Books for Authors, Kobo Writing Life, and Smashwords.
6. Custom items
This is a dropshipping model with a twist. Create innovative designs and upload them to your preferred print-on-demand platform. When a customer purchases her one of the items, the platform prints it, orders it, and ships it for you.
Popular platforms include Redbubble, Fine Art America, Zazzle, Society6 and Printful. All of these offer a wide variety of products that can be customized to your design.
7. Coworking office space
With the continued, and perhaps permanent, popularity of remote work, modern coworking spaces can be created to solve pain points such as the cost of renting office space, lost productivity, and even loneliness.
Choose a centrally located, easily accessible site with much-desired features such as high-speed internet, meeting rooms, and team-building facilities.
8. Online Course
If you are an expert in a particular field, you can start teaching online classes. Create educational content in video or other available formats. Then choose a platform like Udemy or Skillshare to post and sell your content.
9. Virtual Assistant
Many entrepreneurs need help with their day-to-day operations. We can work remotely for companies or individuals to provide administrative support. Common tasks include maintaining social media accounts, managing calendars and schedules, making travel arrangements, and handling documents and records, according to FlexJobs.
Some companies, such as VaVa Virtual Assistants, offer platforms to match opportunities with VAs, but building a direct customer list can prove more lucrative in the long run.
10. Environmentally friendly and healthy beauty products
By creating safe and eco-friendly products, we satisfy people’s desire for eco-friendly and healthy products. Research the local business’s licensing requirements and research the ingredients and processes used to manufacture the product. Suppliers such as MakingCosmetics and MakeYourOwn.Buzz have tutorials and formularies to get you started.
You can sell your products online or in person through vendor fairs, farmers markets, and local shops.
11. Chatbot development
Chatbots are used on many corporate websites to communicate with customers who need help. We develop chatbots and approach companies that need such products.
You don’t need to know how to code to develop a chatbot. With basic IT knowledge, you can use chatbot building platforms like ManyChat.
12. Web design and development
You can earn cash by designing or developing websites for small businesses and individuals. Enhance your game by learning how to code from scratch.
Work with an experienced copywriter to enhance your product line and increase your chances of winning new clients.
13. Online Coach
Create a YouTube channel to help promote your content. You can educate people on topics in which you have expertise. If you have proven management and leadership skills, you can even become a life coach and charge your clients to attend your sessions once you have an audience.
14. Resume Writer
Many people need a resume, but not everyone has the skills to write a good resume or is familiar with the resume format. You don’t need any startup capital for this, but you do need to know how to create your own resume that is compatible with resume screening software.
15. Handmade items
You can make your own products to earn money. Research ideas that fit your skills and interests, then start making soap, candles, pottery, or jewelry. Once your product is ready, sell it online via social media and in person through local venues.
16. Event planning
Create event planning services in your area and specialize in specific types of events, such as weddings or corporate meetings. A network of trusted vendor contacts makes you more successful.
The U.S. Bureau of Labor Statistics estimates that the number of professional jobs will increase by 18% between 2020 and 2030.
17. Content editing and proofreading
If you have impeccable skills in finding grammatical errors, typos, and improper sentence structures in your written content, you can offer editing and proofreading services to businesses and individuals.
18. Graphic Designer
If you can design images for your logo, website, or blog, you can market your graphic design skills. You can set your own hours and start selecting projects to build your portfolio. Many businesses require graphic design support for a variety of projects.
First, we offer our services on freelance platforms such as Fiverr and Upwork.
19. Custom clothes
The bespoke clothing business is gaining momentum and can become a regular source of income. Starting with hemming and repairing, you can use your sewing machine to modify your customers’ existing clothes or create new ones.
20. Blog
You can run a blog and make money by sharing unique and useful content. Choose a niche that you are good at. Once you have an audience, you can earn money through affiliate marketing and advertising.
21. Website Flipping
Buy a website and improve its design and content. Then sell it for a higher price than you bought it for. Similarly, you can create a website, fill it with SEO-friendly content, and sell it.
22. Virtual reality experience
VR is the future and the market is projected to reach $44.7 billion by 2024. As long as you have the content creation skills, or can partner with someone who does, and you have the means to buy the equipment you need, the possibilities are endless.
Real estate, entertainment, gaming, fitness, dating, and healthcare are just a few of the industries where virtual reality can or can help.
23. Interior Design
Many professionals want their homes to look elegant. However, high costs may be a limitation. As you build your business, you can start a business that offers interior design services for less and target younger homeowners.
Please note that some states may require a license or registration that requires passing a National Council for Interior Design Qualification exam.
24. Food Truck
Food trucks are also an option if you have a background in cooking or running a restaurant. It’s cheaper than opening a restaurant.
Still, the investment can be significant, especially if you buy the truck rather than lease it. A new one will cost more than $75,000, plus the cost of permits, logo-wrapped trucks, and more, business technology company Square estimates.
25. Affiliate Marketing
Many online stores allow affiliates to sell their products. If you are an influencer, this can make you some money.
Simply get a product affiliate link from the company whose product you want to sell and place the link in the content you use to reach your audience. You earn a commission when an individual purchases a product through your link.
26. Mobile phone accessories
While this field may seem saturated, the number of phone users is increasing every day. It is enough to come up with mobile phone accessories such as adapters, cables, earphones, protectors and covers.
Etsy has a wide variety of handcrafted items in its cell phone accessories category, from cell phone charms to personalized charger cubes, making its website a great place to sell your creations. There is a possibility.
How big is the mobile phone owner market? A new report from market research firm ResearchAndMarket.com predicts it will grow to $520.7 billion by 2030.
27. Dropshipping
This is one of the easiest businesses you can start today. You sell products, but you don’t have a backlog of inventory. Instead, a third party provider stores and ships the products on your behalf. All you need is a small amount of capital to get started, and you can scale hands-free.
You can generate sales with platforms like Shopify that automatically route orders to suppliers, or you can submit orders yourself using any merchant site.
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Choosing a business idea that can make you money is a personal decision, but the business ideas above should help you get started. You can choose any of them and modify them to suit your audience. The goal is not just to have an idea, but to make money from it. But before you try one, you first need to make sure there’s a demand for what you’re trying to offer.
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Jami Farkas and Lydia Kibet contributed reporting for this article.
This article originally appeared on GOBankingRates.com: 27 Best Small Business Ideas to Make Money in 2022
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