BUSINESS IDEAS WITH LOW INVESTMENT AND HIGH PROFIT
A business owner is one who breaks the odds by starting a business. Starting a business and growing a business successfully without a large amount of money at hand would make you think of business ideas with low investment and high profit and keeping that business idea profitable is really a feat to attain.
There are 30.7 million small businesses in the U.S. which account for 99.9 percent of all U.S. businesses (SBA, 2019). Those businesses with fewer than 100 employees account for 98.2 percent, and those with fewer than 20 employees account for 89 percent of all businesses in the country.
There are so many small businesses one can start successfully and thrive without hassle as long as you follow the right business advice.
Here are 102 business ideas with low investment and high profit:
1. Blogging Like A Business Owner
A blog is a website where users share their opinions and discuss different topics involving or affecting them.
A blog can be informative, educative, inspirational, e.t.c.
Blogging is the act of designing and editing a blog.
Culled from hostingtribunal.com
Over 2million blog posts are put out daily and trust me, blogging is very competitive, but what in life isn’t?
First of all start from deciding to own a blog , actually start a blog by buying domain name and hosting ,
search engine optimization, important plugins, email marketing e.t.c
Blogging is a good step to make money, without the right steps, It would be difficult for you to make money within the first year of blogging, but with the right steps, you are already making money in the first year.
Blogging goes hand in hand with
CONSISTENCY. Writing a lot of articles, partnering with advertisers and
other bloggers, learning the technicalities involved, finding keywords and learning about SEO, etc. There
are many articles online so you have to make your posts interesting and also keep up with sending emails and freebies to your readers.
I wrote an entire post about blogging, read it here
2. Article Writing As A Business
To be able to take article writing like a business, you need to think like a business owner.
This can be done freelance or full time for a firm. In either case, to be a able to do article writing as a business or a business owner, one needs to have a good command of the language: grammar, punctuation, communication skills to pass the message across to the audience plus a flair for writing.
Writing articles lately is really popular and people use some very popular websites like fiverr, upwork, freelancer to bid for jobs, get clients and make more money.
Proofreading and Editing involves making grammar and punctuation corrections on an article, blog post,
research work, term papers and even books etc. with the view of enhancing their readability.
The Editor can become a business owner with this skill by enhancing the work and changing some expressions to properly suit the context and intent of the write up.
It is a very meticulous job and can be done properly with tools like grammarly, Slick write, paper rater, edit minion, boom essays, essayroo e.t.c
4. Content Strategizing
A content strategist is key to the online success of any organization. As the name implies, the strategist
organizes the content calendar of an organisation and comes up with ideas for contents that would reach the target audience.
Contents are articles or graphic works that appeal to the interest of target
audience . As a content strategist trying to become a business owner, you can either freelance on platforms like freelancer, upwork, fiverr as a freelancer and plan content strategies for companies while they pay you or you can work full time in a company as a content strategist planning for that content year.
Some tools needed for content strategizing are hootsuite’s , tailwind, planoly
5. Language Tutoring
Currently, people love to travel and live in different places as opposed to what it used to be. So many people want to learn different languages either because they can brag about being polyglots, they are relocating to a different country to school, parents want their kids to be ground in different languages or for communication between them and their different business partners.
So many people are willing to learn new languages for different reasons and the surge for language tutors are increasing both offline and online. There
are online platforms where any language can be taught, usually to kids and adults.
To be a business owner in this field, A perfect understanding of the language of interest is required for this job and then you can start making money there. Most platforms require certification, experience and also adhering to their terms and conditions. An example of this platform is vpkids.
6. Call Centre Representative/Customer Care
Some startups / businesses owners hire people to pick up their calls and respond to their emails and they are either paid hourly or according to the amount of calls or emails replied to that day, it all depends on the agreed payment structure.
To be able to make money from being a call centre representative or an online customer care, you need to have good language and communication skills in that official language, be able to work properly under pressure and still maintain a flow between that customer and yourself.
This is an online job, it can be done from home.
You can register on fiverr to start getting gigs.
7. Online Interpreting
For big conferences or events where there are people that can’t understand the spoken language, or for people that have hearing problems, especially if it’s being broadcasted on television or online, an interpreter is placed to use hand gestures or a different language to complete the communication process by passing the information to them in a way they can properly understand. To be able to make money from this, one has to learn sign language or any language of their choice.
8. Being An Author
Writing books just got a new twist. With the old way of writing books where you have to move from author to editor and then publisher is so stressful. Now there are platforms where all you need is your manuscript and then you can self publish your books on your own on platforms like Amazon KDP, Createspace, Teachable e.t.c When you upload your book, people pay a certain amount of money to gain access to those books and from the agreement reached on those platforms, they pay you according to the agreed percentage.
This is definitely a means of passive income because after you upload your book, people keep reading them as long as they are there and you earn too, all you need do is write your book, hire someone to do his cover art, typesetting, marketing and pricing.
9. PR Writer
A public relations writer is interested in writing press releases for companies and pitching their
interesting information/sound bites to reporters and media houses. It’s a lucrative job if one has the right
network of clients one hand and of media houses on the other.
10. Freebie Hunter
It’s someone’s business, perhaps part time though. So if you have some time to spare, you could go in search of some free amazon gift cards, and lots of other genuine rewards online. You may
need patience to follow up some of these and the ability to tell the difference between the genuine and
E-commerce involves selling products online. All you need to do is have products you wish to sell, a platform to sell them and connect to the
right customers through digital marketing. E-commerce is very lucrative and also a good start to become a business owner.
An example of a good place to sell products is Shopify. Shopify gives you the online shop layout like a website where you can edit to your taste, checkout/ payout columns, confirmation of order columns. Shopify is the best so far for people who want to start an e-commerce/ online shop.
12. Survey Taker
With the increase in various kinds of statistics and findings people are being paid just to honestly answer
a few simple questions. You answer questions ranging from general issues like politics to private issues as
the kind of toothpaste you love using. The work could get monotonous and boring sometimes. Plus, pay is usually low in the wrong platforms, but it can be a good side hustle with the right guide and platform.
To become a business owner in this field, all you need do is register with different companies, get people to take surveys for them and get paid for the surveys they take.
13. User Tester
With the surge in websites and apps, developers want to know the perception of the user and
sometimes come up with a demo to be tested before rolling out the main ones.
You can run user tester as a business or a business owner. The job here is to give your opinion about the interface sometimes via voice notes or video. It does not yield a steady stream of
income though, so, it cannot be done full time
14. Life/Career Coaching
This is a very good business to start with and become a business owner. You can be somebody’s online mentor as most persons these days are in need of as much as a little push.
Online coaching is usually born and borne out of a desire to help people. To do this, you may need to
network to various financial and perhaps social opportunities that people do not really know about, such
knowledge will be profitable to your client. But, most importantly, you would have more chances if you’re a popular person or a successful person. Well these too are relative and could depend on how
you market yourself as a personal brand.
15. Craft Creator
If you have itchy fingers and love producing crafts, there’s a global market for you. All you need to do is
be able to market them efficiently. There are also platforms dedicated to these kinds of ideas. Anything
from beads to portrait crafts to paper crafts can sell online
16. Social Media Influencer
Some social media influencers don’t see what they do as a business or see themselves as business owners . A social media influencer is someone who is in another level of marketing. It is not really about
pretending to be rich as some people believe it to be. Social media influencers grow their audience
usually by direct interaction with them or the general posts they make. They also put up quality social
media (usually Instagram) pictures of clothes made by a designer they are marketing. Or travel to beautiful destinations and upload the beautiful pictures afterwards. With increase in followers, they now wait for brands to advertise with them or go after those brands themselves with great pitches and offers.
17. Graphic Design
Pretty much the most lucrative job online right now. But, it’s for those with an eye for good design and
skill plus software proficiency. Combining these with good managerial and marketing skills could land
you a full time job that could be purely online. Good networking with companies is also wonderful. Big and small brands always have the need to advertise via eye catching designs, so as long as there’s advert,
there is business.
Photography is a very lucrative business to start and proudly call yourself a business owner. It may seem not be an online job as you can actually need to go out to get those
pictures. But, there’s a huge market for those pictures online. Pictures can be sold as stock photos on
some websites or you can sell them yourself via your own platform. This could easily be a high paying
job if you are very skillful with the camera and perhaps some softwares like Photoshop.
19. Photo Editing/Retouching
Asides photography, there’s also a market for skilled photo editors as there are people requesting for a
retouching of photos already taken. Some people want something in the background removed others
I want a better look or appearance to these pictures. With skill and proficiency in photo editing softwares
like Photoshop, Lightroom, etc., this could easily turn into a high earning full time or part time job
20. Video Editing/Creating
Video editing is one of the fastest growing jobs online, with the rate at which videos are taking over everything.
You can become a business owner by editing videos for big and small brands alike. Brands and companies need explainer videos for promotions and campaigns. A skill in this line and good marketing and promotion could land you some good paying clients.
21. Social Media Management
If you can’t get enough of “chatting” on social media, you could probably turn that into a career by
managing the accounts of some organizations. By just managing social media posts, managing online
campaigns and reporting related analytics, you could actually earn your place on social space. You will
need to demonstrate your experience of social media platforms. This is also a high paying job and can ve
done part time depending on how many organisation platforms you are managing
22. Search Engine Evaluation
This kind of job usually shows up at PeoplePerHour, Appen, Lionbridge and Upwork. It’s a pretty
complex task but it is also well sought after. The job involves studying the quality of results that appear for
a particular online query. This is known as ranking. That is, you evaluate how a website is “ranked”
based on certain words searched for and then help your client meet up that ranking or even beat it.
Being a search engine evaluator requires a great deal of attention to detail.
23. Web Design
The world wide web cannot get enough of websites. Many companies are out to get theirs and one can
easily land this kind of job online and offline. You need a team for this kind of business or yourself as a business owner working towards it first and then expanding to get a team of other website designers to handle the jobs you get.
To be able to thrive, you need a vast and wide knowledge of websites, coding and knowing what your client wants.
24. App Creation
Aside having a website, companies also want to simplify payment, provide excellent customer service
and have a good platform for notifications. So, the popular way to achieve this is to plant their apps in
the phones of their customers. This is where app developers come in. From eye catching and easy to use
user interface to the technical aspects like coding, app developers have their work cut out for them. A good
The place to find clients is in freelance platforms where this kind of skill is well sought for. The pay is also good.
Skills in Swift, C++, C#, Java, Objective C and HTML5, will do a world of good.
25. Technical Support Agent
A tech agent can get individual clients of their own on freelance platforms but, it’s best to be hired by big
companies. It is said that Apple hires tech support agents online. These agents help end users solve little
issues arising from the use of softwares and/or hardwares. So if you have a keen interest in tech, you
will most likely enjoy assisting people with their tech issues. The task could range from simple to
complex. The qualifications could also range from none to a certificate from CompTIA and Microsoft.
26. IT Consultant
If you work internally for an IT agency, you could take your experience online and be your own boss by
providing consultancy services to clients depending on your area of expertise via video conferencing.
Programming jobs have a large market. From novices to pros, there are clients available. Many freelance
websites feature this kind of job opportunity. So many big companies when they are handling real projects and don’t want to employ more people, source for freelance programmers. Programmers earn good money depending on the programming language learned. A good knowledge in different programming languages is
Also, experience and working for a reputable agency could make your portfolio more attractive.
28. Sales Writing
Sales writing or Copy writing involves writing persuasive ads to draw customers. It’s usually combined
with graphics design and clients are willing to pay a lot of money for it.
If you are multilingual, you could put your skills to good use by taking manuscripts of business
documents and translating. Yeah, there’s Google translate for everyone to use but, a human translator is
often more efficient In some Asian countries where google translator cannot do so much. Some companies actually place translators on their payroll, but you can work on it
freelance on various freelance platforms. You also need to be good in the spoken language, it could
come in handy. Clients may want to know if the language is your mother tongue or if live in the area of
the spoken language or if you have a certificate for learning the language
30. Affiliate Marketing
This is closely related to blogging and vlogging. Here, you earn commissions for recommending products for sale to
your audience via your blogs, websites, YouTube channels, Facebook. You create a referral link and whenever they use your link to buy that product or order that service, you earn for every sale made. Here you need to own blogs and
websites that rank very well based on SEO (Search Engine Optimization) and have enough viewers and subscribers for your YouTube channel to be able to make enough money from it.
31. Live Chat Operative
Many customers would prefer to chat up a customer care representative than to call them. So certain
organizations now adopt this system by outsourcing the job to freelancers online. You may need to
have a good knowledge of the company you’re working for and have good spelling & typing skills in
in addition to an overall command of the language and customer care skills. The down side to this job is
that it is low paying.
32. Community Moderators
This is similar to the Live Chat Operative. Only, in this case, you’ll be moderating group chats for
organisations, making sure everyone is entertained while also keeping rule breakers and spammers at
bay. It can be done freelance or full time.
33. Online Teaching
You could teach people online and earn a good amount of
money. Students often need revision classes from the comfort of their phones. If you can meet this need. It could be done part time or full time depending on how you choose to
run it. You may also have live classes or downloadable courses. You can use the following platforms for
your tutorials: Preply and Wyzant
34. Course Creation
Aside from teaching academic subjects, you could also create courses for skills you have. Whether it is how to
play a piano or martial arts, step by step courses could be created in downloadable video or live stream
sessions. Camtasia, thinkific, and Teachable are good platforms to begin.
A lot of people actually need some information typed. Although, somehow, technology is reducing how
much of this kind of work that is available, one can still make good money while it lasts. Clickworker is a
good platform to begin a job like this.
Typing out audio recordings is a lucrative job that is readily available online. You’ll need to have good
listening skills and be able to type fast for this kind of job. There are also areas of specialization in this
field. Some technical areas like medicine (transcribing medications for patients), cryptocurrency,
Software development requires some specialization to accurately transcribe.
37. Recruitment Consultant
Usually, those who do this job were once working in the Human Resources Management of companies
and must have gained experience in recruiting employees for the company. With all the experience
garnered in the field they can now work solo for any small firm or agency online. You get paid for
Though accounting practices differ from country to country, some companies still need someone to keep record of their transactions. For the sake of transparency, companies like to outsource this kind of jobs which could lead to hiring accountants on contract basis, even online. Experience and networking
are great assets in this kind of online job.
39. Currency Trading or Cryptocurrency Trading
Here you get to trade currencies of different countries or various cryptocurrencies with the aim of
profiteering. Forex is actually broader than currency trading. You get to trade other “digital assets” in
Forex. Either ways, it is a business that could land you a fortune in real time if you know what you’re doing. However, you could lose all you’ve got in a blink if you’re not careful. It’s always best to learn the
business very well before venturing into it yourself so that you can know when to make those
40. Rental services
There are platforms where one can rent cars, houses, spaces e.t.c . Uber, taxify, lyft, air bnb, are all parts of rental services . You can probably do the same here, all you need to do is get the write papers for agreements, advertise on different platforms if you’re going to do it independently or get registered on platforms that are already renting properties as a service.
41. Panel Participant
Similar to survey taking, in this job, you get to be interviewed via phone calls or video calls or physical
meet up based on your knowledge and expertise. While survey taking may not give you the much desired
fame and money, this one projects you to the public as an expert in a particular field. Again, you’ll have
to network properly and make good use of your social space to talk about your ideas
42. WhatsApp TV
Lately, this has been very popular. It is a WhatsApp account that serves to entertain and or
educate viewers (of the status section). People will always seek to be entertained, especially when
there’s no one to chat with. When they are entertained, you can sell anything to them. This is where the
business lies. Advertising. You advertise for people and get paid. A good WhatsApp TV engages it’s viewers.
Generally speaking, 1000 viewers is a fair chance to get people to advertise. Hence, it also
involves building your contact list
43. Remote Pharmacist
The medical field can also operate online. Pharmacists can interact with patients online, diagnose them
and deliver the needed medications to them afterwards. This field is actually for the trained and the
professionals. Some hospitals abroad do hire remote pharmacist to take healthcare to those who may
not be able to make it to the hospital
44. Medical Transcription
As mentioned earlier about transcription, some transcription jobs require some degree of specialization.
This one does. One would need to have an experience in a medical related field such as secretary or PA
to a doctor. It involves typing out what is said by a doctor. This will require typing speed, good listening
ability and familiarity with some medical terms
45. Online Counseling or Therapy
This is also a job that makes you interact with people, giving them good health advice and counseling.
Skype is a popular video conferencing software used for this.
46. Forex Trading
As stated earlier in Currency trading, Forex trading is quite technical and would require a good
understanding of what to do if one does not want to lose all his money. So, get a good training and if you
I think you can analyse the money and commodities market indices, then go for it.
47. Sales Representative
Before now, being a sales representative was very frustrating. One would wake up in the morning, wear a suit and off they go into the streets to look for customers for the different products they sell. Things are different now, people just network and meet customers online. Companies that want to sell their products hire sales representatives. Some of these sales reps are actually paid salaries while
Some others earn commissions per every product they sell.
48. Account Managing
Like the Sales representatives, to be an account manager one must be able to sell. But the kind of selling
done in this case is between companies rather than between a company and individuals. Just like in the
In the case of transcription, some specialization would give one an edge especially in tech and medical fields.
One also must be determined and be able to do good follow up of companies keeping good relationship
49. Virtual Assistants
Companies and some individuals with very tight schedules may need some tasks done. Tasks like
booking a flight, managing schedules, doing some administrative tasks, booking a hotel, etc. A virtual
assistant is like a Personal Assistant (PA) only this time from the virtual space. In other countries, VAs
work per hour (as is usually the case in other jobs). It’s a very busy task managing other people’s work
while still promoting your virtual assistant business online
Have you ever been so worried about your weight that you go to your browser and search “how to lose
weight” or “how to gain weight”? Well many people do. With all the emphasis these days on eating a
healthy diet, many people need proper guidance on what is really healthy for them. And there you go,
dishing out your knowledge of various foods and their effect on the body. People would pay to consult
you. You can even create a bestseller (write a book on nutrition) and promote it online to generate
51. Voice Over Artist:
With the era of videos being a very serious thing, voice over artists are in serious demand. From mimicking characters, to cartoon characters, radio jingles, adverts, voice over for YouTube videos, funny videos, subtitle’s and so many more. Becoming a voice over artist involves you having a peculiar or seemingly different voice or ability to switch voices.
Voice over artists can get gigs from fiverr, freelancer, up work e.t.c
52.Lemonade/Fresh Juice stand:
So many business owners are already joining this trend.
So many people underestimate owning a fresh juice stand. With the way everyone is going about FITFAM and eating healthy, fresh juice stands are thriving and making money.
To start this type of business, aside from the equipment, you just need a small space to set up and you are good.
So many people love toons, I love a good toon and its story too. Webtoon artists draw cartoon characters using adobe illustrator, clip studio paint, krita, sketch e.t.c, upload them on their platform(mostly websites) then write little comments/stories about them that leaves their readers intrigued and in suspense and makes them anxiously wait for the next episode or series.
Webtoon artists make money from sponsored ads on their platforms, as advert publishers and making each reader pay before they can access their webtoons(subscriptions).This is a very lucrative way to make money online.
54.Laundry/Dry Cleaning Services:
So many people don’t know how lucrative this business is and how they can become business owners from this. Although there are already some people here, it still gives room for others. With everyone being busy working and making money, people no longer have the time to do their laundry and even when they have some time off work, they want to use it to rest and catch up on their favourite shows.
As one trying to start a laundry/drycleaning service, you need to know about fabrics and which stain removers and detergent works for which fabric and which doesn’t and also keep time to deliver each of the laundered clothing.
You can market your dry cleaning business with any of the social media/ digital platforms(or hire a digital marketer here and drive customers to your laundry shop and also do deliveries like going to pick clothes from your customers and returning them.
55.Cooking Gas Refill:
Becoming a business owner with this is very lucrative and low budget .
Food is something everyone needs and to cook, we need gas to fill our cylinder exceptions for people using electric cookers. To make money from this, you need a big gas cylinder, an industrial scale to measure the amount of gas and a lock up shop.
You can also do gas deliveries to different household and food companies. Advertise your business and start making money.
56.Meal Based Restaurants:
Becoming a business owner by running a meal based restaurant is very lucrative.
Ever noticed local restaurants that cooks only a particular kind of food and the moment you get there, there is already a queue of people waiting for those inside to come out so they can go in.
Running a meal based local restaurant is a good way to make money, you pick one meal people will always eat irrespective of their pockets and the weather, learn how to cook it or hire someone that cooks that meal excellently, get a space for your restaurant, start your business and make money.
I wasn’t really familiar with the middle eastern wrap called shawarma until about four years ago I had a taste of it.
An average shawarma in my country is sold for 1,000 Naira which is about $2.5 in my country but would definitely be more than that in some other countries.
You can learn how to make this from youtube, open a kiosk because shawarma is a grab and go snack, it doesn’t need a big place for sit outs.
58.Snack On The Go Van’s:
This business involves preparing so many types of snack from popcorns, burritos, Taco’s, muffins e.t.c and selling them in a van. To make money from this particular business, you don’t need an open space, you need a van to carry around your snacks, money for gas for your van and knowledge of how to make those snacks from YouTube. The advantage of this business is that you don’t need to pay for rent.
I know someone that makes $4,000 monthly from freelancing for so many companies as a digital marketer. Digital marketing is just like marketing everyone knows about but unlike the normal marketing, this particular one is done on the online space.
To become a business owner with this idea, you need to know how the digital space works.
From facebook, pinterest, instagram, twitter posts, run adverts for them online, brief their customers about their latest promotions, freebies, and products to everything done on their online space.
They use softwares like tailwind, planoly, hoot suite e.t.c to schedule posts on their social media handles and email softwares to send promotions to their customers via email.
You can freelance on fiverr, upwork, freelancer e.t.c as a digital marketer and make so much money online.
The famous Warren Buffet made so much of his money from Investments. There are so many genuine investment platforms to invest your money and get great returns. Investment is a great way to make money although sometimes the market drops and some other times it rises but having a keen eye for investments that are most likely to give good returns and remain stable is needed.
Piggyvest is an investment app I use although the currency and investments are in naira.
Before investing with any platform, double check so as not to lose money.
So many persons especially people that have fulltime jobs don’t see this lucrative idea that they can become a business owner with.
You can make money by running a box service. All you need to do is wrap gifts and have different surprise packages for birthdays, anniversaries, weddings, christmas gifts e.t.c .
People call you to surprise their loved ones with different boxes of gifts and in turn pay you for your services.
62. Stock Photography
Stock photographers are photographers who take pictures of different things, register on accredited photography sites and get paid when those pictures are purchased by different people.
You can take up stock photography as a business, All you need to do is get a good knowledge of photography, edit your pictures properly with any of the editing softwares like Adobe Photoshop, upload them, spread words about them and make money when people purchase them and they make decent amounts from these websites.. Some examples of websites that offer stock photography services are pexels, shutterstock, Getty images, icons.com .
63. Greeting Cards
People still adore the good old way of sending congratulatory messages to others and greeting cards are still in vogue. People still send greeting cards to families , people and groups they hold close to their hearts. Greeting cards are cards that convey good will messages from one person to another.
Designing and Printing of business cards and running it as a business owner is very lucrative and one can use their sense of creativity to design different cards, put down so many heart warming messages and send them to their different destinations.
To start a business like designing greeting cards as a business owner, one needs to be creative and flexible with designs and also be able to write down heart warming messages.
64. Antique Sales
Statistics shows the sales in the online art and antiques market worldwide from 2013 to 2019. Global online art and antiques sales amounted to approximately 5.9 billion U.S. dollars in 2019, down from 6 billion the previous year.
Antiques are things that existed in ancient times. Ranging from different types of equipment, household gadgets, clothing, cars e.t.c.
Lately, the rate at which people buy antique materials/equipment has been increasing. This is because of the progressive trend of ” retro” style that comes back in with each passing year. As an antique shop owner, you get to sell all your old possessions like ancient tables, chairs, wall clocks, large music players, radios, cars and practically everything that is ancient.
While people buy antique products because of their lower prices( depends on the product), others buy antique goods due to curiosity and want to know what living in the past used to look like, either ways, you are sure of making money from it and turning it into a lucrative business for yourself.
65. Running A Cleaning Services Business
With the universe progressing, everyone getting busier and more deadlines to meet daily, people are being tied down at work and there is very little or no time for them to take care of themselves properly or take care of their home properly, here cleaning services come in.
Starting a cleaning service involves going to people’s homes or offices to clean them up. Depending on the agreement you have with them, you can either clean when they are in or when they are out, but cleaning when they are out is more ideal, not only will it make it faster due to no external movements, it also makes your work easier.
A good cleaning service company will make use of good multipurpose cleaners, tile cleaners , glass cleaners, vacuum cleaners, bed bug removal products, bathroom cleaners,
66. Makeup Artistry/ Sales of Makeover Products
Over the years, makeup / makeover has been a continuously growing trend with so many products and brands springing up almost every year.
People wear makeup for so many reasons ranging from wanting to look good, impress people, be confident to be bold, attract people e.t.c
According to a May 2017 survey of American consumers, 41 percent of Americans between the ages of 30 and 59 years wear makeup on a daily basis, and 25 percent wear makeup several times per week. Imagine that you are part of the makeup artist that helps these people wear their makeup or you sell makeup products to them .
Teenagers spend approximately $44 billion a year on beauty products and this is definitely time for you to utilize and earn from making sales of makeup products and also doing makeovers for people.There are so many good makeup schools to learn makeup professionally from online.
To be able to make money from this and become a business owner from this, there are so many makeup brands and products to choose from that are of very high demands in the market, pick from these brands and sell to the ever growing population of makeup users.
67. Car Wash Services
As of 2011, there were more than one billion motor vehicles in use in the world, excluding off-road vehicles and heavy construction equipment. The US publisher Ward’s estimates that as of 2019, there were 1.4 billion passenger cars in use in the world.
Out of the 1.4 billion cars and counting in the world, not all of these people wash their cars themselves especially when most have to rush off to work every morning or are too tired to do it themselves. A car wash service is a lucrative way to make money by washing different types of cars. It can be automated or done manually, it depends on the amount of money you have at that time to buy your equipment. Everyone loves a clean and dirt free car. You can start a car wash business using equipment like vacuum cleaners for the car interiors, car wash liquids, dispensers for water, blowers, dryers, wands, conveyor tunnels(for automated washing), hose, towels, brushes and a frequent supply of water.
68. Storage Services As A Business
Running a storage service involves owning a space where people can decide to keep their properties or valuables for the time until they are ready to get them while they pay for the amount of time their items spend at the storage place. People keep their properties or items at storage places because they lack enough room for it or don’t want their homes or offices to be filled with unnecessary items.
To be able to run this business efficiently as a business owner, you need a large to moderate space you can turn into a storage, also the place should be secured because you don’t want people losing their valuables kept in your care.
69. Website Flipping
With over 1,197,982,359 websites in the World as of January 2021, owning a website and flipping it when you have attained a certain level is quite ideal and lucrative for everyone. Website flipping basically means selling your website, blog after running it for a number of years. Some websites like flippa sell different types of websites and you can place yours there for sale.
70. Yoga Studio
Yoga as exercise is a physical exercise consisting mainly of many different body positions, often connected in a series, sometimes accompanied by exercises which involves inhaling and exhaling and often times, ends with relaxation lying down or meditation. Yoga in this form has become familiar across the world, especially in America and Europe.
36 million Americans practice yoga. Between 2012 and 2016 the number of Americans doing yoga grew by 50%. There are an estimated 300 million yoga practitioners worldwide. The worldwide yoga industry is worth $80 billion.
Yoga studios are really popular like gyms because people are looking to learn how to meditate properly and become more flexible.
To be able to run a yoga studio as a business owner, you need to have so much experience with different yoga exercises and learn how to teach people too and also you will need a large space for your studio and provide items like yoga blocks, yoga mats, yoga blankets, yoga straps and yoga wheels.To get your first set of students/clients for your yoga business, you will have to spread words to your small circles, churches, mosques, neighbours e.t.c
71. Become A Disc Jockey( DJ)
The first thing that comes to mind when you hear about disc jockeys is definitely music. Everyone loves music and parties without music are almost impossible. Not just parties, seminars, conventions, gatherings, different occasions all need music to look and feel lively.
Being a disc jockey is a very lucrative business to start, parties and so many events are everywhere and it’s always going to be that way.
To run this business as a business owner, you need set’s of speakers, a good knowledge of mixing so many songs and using the DJ softwares and you are good to start earning money from numerous events.
You can start by telling family members, friends and people about your small business in case an event comes up or you can create awareness by mixing songs on the streets and people can get to know about your business from there.
72. Homestay / Hostels For Tourists
When people go on vacations, not everyone will be able to afford hotels or air bnb homes,because most times, hotels are usually expensive, but hostels are usually better because not only are they cheaper, one can also get acquainted to more people that are also on vacation like them and explore places together.
Building hostels in your country especially towards the city or close to recreational sites is a very lucrative business. People will always travel on budgets and this is a good time to make money while you render a service (accommodating them).
After building your hostels, you can allow people books from sites like bookings.com , agoda.com e.t.c
73. Personal Shopper/ Errand Services
A personal shopper is one who helps to do shopping for groceries, clothing and basically everything that needs to be shopped for and gets paid for the service rendered.
Errand services involve running errands like picking one’s kids from school, getting the car from the auto repair shop, and so many different errands and also getting paid for the service rendered.
These are both lucrative ways of making money in your spare time and the good thing about it is that it’s flexible and convenient .
74. Coffee Shop
64% of American adults currently consume coffee every day and about 400 million cups of coffee are consumed every day.
Coffee consumption is internationally widespread across cultures around the globe. It is estimated that the world population drinks around 2 billion cups per day, which means that there are at least one billion coffee drinkers worldwide and this is good news because it just means your coffee shop will most likely thrive.
You can start a coffee shop individually by learning the different types of coffee’s, proper preparations, buying the different coffee dispensers, renting a space and starting your business or you can register under a popular coffee shop as a franchise and use their already grown popularity to make money, either ways, it’s lucrative.
75. Organic Food Store
In 2019, organic food sales in the United States amounted to about 50.1billion U.S. dollars, very huge right? So why are you not taking advantage of it?
Organic foods are eaten at least once a day in every home. Organic foods ranging from fruits, meat, shakes, fibers to rice, potatoes, beans, smoothies, protein shakes and so much more. There is no limit to the kind of foods organic food shops can sell as long as they keep them fresh at all times.
With research showing that the majority of Americans, 84 percent, buy organic food sometimes while 45 percent buy them regularly (at least once a month), according to a new national survey. Meanwhile, U.S. retail sales of organics are on the rise, with sales growing 11.5 percent in 2013 to reach more than $35 billion. You should take part and sell to these growing percentages of organic food consumers.
You can start with deciding your location, the money you have at hand and also the type of organic food you want to sell.
76. Waste Disposal
Now this is one of the most lucrative businesses to start. Not everyone wants to be identified with “dirt’s” but “dirt’s” give money, so why not?.
Depending on the country you are in and how they separate their dirt.
You can go home to home, telling each household about your waste disposal business or go through agencies that sell homes, rent homes or lease out homes and promise a certain percentage for referrals, everyone loves extra money.
First of all for this business, you need a truck with different drums in it for ease of separation.
You take out the trash, separate them, take the plastics for recycling, the leftovers to farmers e.t.c and do the necessary for all the other dirt’s and get paid at the end.
You decide on the days you get to take dirt’s out from each street or district and your business is already moving.
77. Organic Creams
Approximately 70% of US consumers aged 18–29 would rather use natural, organic cosmetics.It’s estimated that by 2024, the global organic beauty product market will be worth over $22 billion and this is great news because if you happen to venture into this industry you will be making lots of money.
A body lotion you buy lasts about a month or a month and half depends on the amount you use per day and when you go to buy, you are actually making more money for not only the sellers, but also the producers are making profits too.
To start this business, you need to learn properly the different active ingredients for different skin problems like salicylic acid and benzoyl peroxide for acnes e.t.c and this is not something to learn by oneself because if not learned properly, can cause serious skin problems for your customers, you can start by going to a certified cosmetology school and then take it up from there.
78. Clothing Decluttering Services
Decluttering involves tidying up things. Most people don’t get to wear up to 50% of clothing in their lifetime.
Canada, Switzerland and Norway scored pretty badly when it comes to the percentage of unused clothing items, with the first two countries at 79 percent and the latter at 77 percent. The UK also presented shocking numbers: as much as 73 percent of their clothes were never worn last year
Rather than allow the clothes stay on the wardrobe with no one wearing them, how about starting a decluttering service to help them sell those off and also make money while you sell them too for yourself.
You can start a decluttering service business by
- Buying domain name and hosting or get a website like squarespace, wix, shopify or WordPress site
- Create options for people who want to declutter their wardrobes or items in general to contact you
- Create slides for different products, from cloths, shoes, bag e.t.c
- The sellers send the items that needs to be decluttered to your offline shop or storage house, you take pictures of them, post on your website, post on your social media handles
- They buy them , you ship them over, send the owner the agreed amount and take your percentage.
79. Font Creation
Font creation is actually a good way to make money but at first, you have to really put in a lot of work creating the font with adobe illustrator or other font creation softwares and then license your fonts and finally put them up for people to pay some amounts for them.
80. Electric Bike Hire
An electric bicycle also known as an e-bike or ebike is a bicycle with an integrated electric motor which can be used to assist propulsion. Electric bikes use rechargeable batteries and also have GPS for easy location of places.
To start an e-bike hire business is really easy. All you need do is get an e-bike and create awareness about your e-bike hiring through social media channels and people will definitely come find you.
81. Delivery Services:
Working with a third party delivery service has been found to raise restaurant sales volume by 10 to 20% and 60% of U.S. consumers order delivery or takeout once a week.
The delivery service market is booming currently because people find it easier for the items they bought to be brought to their door steps rather than going there themselves to get it. Not only does it save time for them, it also helps increase their productivity when they use that time to do other things.
To start providing this service, you need dispatch bikes, motorcycles, vehicles for delivery and dispatch riders but first you need to collaborate with other small business owners so that when an order is made and confirmed, you take the goods to the necessary people or persons and make the delivery.
82. Personal Wellness Coach
A wellness coach is a professional who helps people assess their current physical and emotional state, and helps them set goals for what they want to achieve in their overall wellness and health by working with them on plans of action to reach these goals. To be able to take personal wellness as a business,you need to be certified in any of the wellness areas you choose to show your area of expertise . The four major areas are nutrition, exercise, lifestyle and mental health.
Anyone you choose to venture into, you have to be really great and handle your clients with respect and utmost care.
83. Sports Bar
Sport bars are thriving because people love to watch sports in a group or do a sport in groups too. Sports bars come in different types, shapes or forms.
Some come with virtual reality(VR) where you are in a room but you can play golf using the VR technologies in the room.
Some others are football themed, where everything inside looks like it’s a stadium where football is being played. Everything depends on the theme and the kind of customers you want coming to your sports bar.
84. Offering Cooking Classes/ Sell Recipes:
Everyone loves a good cooked meal and knowing how to cook it is also an additional bonus. A chef or one who is really skilled in cooking delicious meals can decide to start offering cooking classes as a registered business and make money from it. Selling recipes is also a plus as one can do it both online and offline
85. Bakery With Walk In Store Attached
To be able to start up a bakery attached to a walk in store,one needs to know how to make snacks ranging from muffins,burgers, pancakes and so many more.
You or your employee make the snacks fresh and customers walk in to buy them. They can also book ahead of time online and you can have it delivered to them.
86. Virtual Reality Game Set Hire /Gadget Hires
An average VR game set costs about $599 and not everyone can afford it, but they can hire it. Nearly one in five (19 percent) of US consumers have used VR in 2020—a three percentage point increase from 16 percent in 2019.
The latest virtual reality statistics show that the global market size of AR and VR is forecast to hit $18.8 billion in 2020 (Statista, 2019). This is more than three times the $6.1 billion market size registered as recently as 2016.Between 2020 and 2027, the compound annual growth rate of the market is expected to come in at 21.6 percent (Grand View Research, 2020). In other words, in this seven-year period, the VR sector is expected to grow at an average of 21.6 percent every year.
With this statistics, VR is definitely not going any lower, its global market size keeps increasing and even its audience. So many people want to try the games out of curiosity and search for fun and you should be able to provide them with that and they should be able to afford it because it’s for hire.
You decide and amount to rent it out depending on the number of days and also they get to make sure the game set comes back the same way it was given to them. This is a good business to venture into.
87. Hire Selfie Drones + Photography Booth
Most people love to keep up with trends, change backgrounds for their pictures, take pictures from different angles, take pictures hand free and just be trendy and fancy and if you have a selfie drone and photography booth(s), you should be able to give them that luxury for a certain amount of money and everyone is happy.
First of all you will be needing selfie drones and then craft out different trendy and beautiful booths that will entice people and make them want to use your service.
88. 2D/3D Cafes
2D/3D cafes are cafes with their interior designs looking like drawn objects. They are really beautiful and are quite trendy. You can decide on the theme of the 2D or 3D cafe you want and also include photography booths, drawings and designs as side attractions .
When people come in, they have to buy coffee, smoothie or any of the tea’s in your menu to be able to access the side attractions.
Picture of a 2D cafe in Tokyo
Source: Japan Today
89. Dance Studio
If you are really skilled in showing off different dance skills from different continents, it’s ideal to start a dance studio or give dance classes to people in need of them. From tango to ballet, bachata, tap dance, salsa, afro dance, hip hop and many more dances, people are looking for where they can learn them from and if you are skilled in any dance at all, you can turn it into a small business and earn money from it.
You can either rent a studio or start offering dance classes in open places like parks and recreational sites. Not only does it allow you to dance freely, it also allows people to notice your dances/dance school thereby allowing you to market your business freely.
90. Travel planning business
People want to save money even when they travel and they want to go to the most fun places, see the best of things and get the best out of every travel they do and as one with a travel planning business in mind, getting the best out of their travels should be your goal.
You can help people plan travels to different locations and get paid for your efforts.
91. Tour Guide
A tour guide (U.S.) or a tourist guide (European) is a person who provides assistance, information on cultural, historical and contemporary heritage to people on organized sightseeing and individual clients at educational establishments, religious and historical sites such as; museums, and at various venues of tourist attraction resorts.
Becoming a tour guide is pretty easy, you learn about popular and unpopular places that people will love to visit.
You can create a website advertising your services or create social media handles for tourists to be able to reach you. When people contact you, you book them together or alone depending on your package, take them in your tour bus and show them around all the places that need to be seen.
92. Pet Business
The country with the highest rate of pet ownership per household as of 2010 is Australia with over 60% of households having at least one animal as a companion (typically a cat or dog) and 83% of Australians having owned a pet at some point in their life.
Sixty-seven percent of U.S. households, or about 85 million families, own a pet, according to the 2019-2020 National Pet Owners Survey conducted by the American Pet Products Association (APPA). This is up from 56 percent of U.S. households in 1988, the first year the survey was conducted.
Families or households that own pets will keep increasing and pets are friends to humans and you can make money from this boom.
A popular choice of pet for dogs is the Labrador receiver. This Dog is the most popular pet amongst family pets and it’s a good breed for your pet business.
You can buy two of different genders and keep them together to give birth and sell off their offsprings.
93. Home Health Care Services
You can start up a home health care service where you take care of the aged. Convalescence, Invalids e.t.c
You need to be patient and always listen to your patients to thrive in this business
94. Offline and Online Clothing Boutiques
51% of Americans favor online shopping and In 2018, the overall revenue from retail sales in the US was $6 trillion.
Still, in 2019, 90% of retail sales are happening in physical stores. With 90% of retail sales going on in physical stores, you can thrive in the fashion industry by owning a boutique online and also offline. Online for people that do not have the time to come into the walk in store and offline for people to look at your cloth catalogue, pick their different sizes, choose the colour or shade they want the items in, pay for them and have you deliver them.
To start an online boutique, you need to have an idea of what fashion or trendy means. First you define your target audience, create a good website by buying domain name and hosting or using e-commerce websites like shopify, define different catalogues by colours, types of dresses or clothings, sizes e.t.c and set your website live.
For physical or walk in boutiques, you also need to define your target market, hunt for busy locations with good parking spaces, get clothing that is in trends and also those that everyone loves to wear and you are set.
95. Beard Growth Oils And Treatment
The global beard oil market size was valued at USD 925.9 million in 2018 and is projected to expand further at a CAGR of 6.1% from 2019 to 2025.
With a market predicted to hit over $982 million in 2025, this is a perfect time to join this market and make money from it.
You can make money from beard growth treatments and kits from two ways. First is formulating and producing your own beard growth treatment and the second is identifying popular and effective beard growth treatment companies and becoming a distributor for them.
With so many males in different countries joining the beard growth trend, this is definitely a lucrative business to start.
96. Hair Growth Treatments
The global hair oil market is projected to reach USD 3.9 billion by 2024, registering a CAGR of 4.78 % during the forecast period (2019 – 2024)
Every gender male and female alike that decides to groom their hair wants to come out with healthy, strong and breakage free hair and this is where you help them fill the gap. You can achieve this in two ways:
- Production and formulation of hair growth treatments/kit
- Becoming a sales distributor for a hair growth treatment brand
97. Scented Candles Production And Sales
The global scented candles market size was estimated at USD 336.7 million in 2019 and is expected to reach USD 364.9 million in 2020.
Scented candles helps create a relaxing environment and helps one meditate while inhaling fragrances. Scented candles are therapeutic and also help one to relax and live in the moment. Scented candles are made by incorporating essential oils to candles and they normally come in a glass jar to prevent them from spilling.
You can make money from scented candles by either making them yourself and selling them or look for popular brands with a huge customer base and become sales agents for them, either ways you are running a business.
98. Production And Sales Of Oil Perfumes
The popularity of oil perfumes can be recognized by everyone.Everyone wants to smell good, have people around that also smell good because not only does it improve performance, perfumes also improves people’s moods.
Venturing into an oil perfume production or sales business is really lucrative
99. Sales Of Different Classes Of Perfumes
You can decide to also sell different types of perfumes from parfum, eau de parfum, eau de toilette, eau de cologne, and eau fraiche e.t.c
You can either sell them at a physical location like your walk in shop or sell them on an e-commerce website either ways or both ways simultaneously is ideal.
100. Drop shipping Business
Drop shipping is a form of retail business wherein the seller accepts customer orders but does not keep goods sold in stock.
One thing people don’t know about is this, drop shipping doesn’t involve just goods, people also drop ship services.The competition in drop shipping goods is so much that it’s really difficult for newbies in the business to thrive as business owners.
Guess what, Drop shipping services come to the rescue. Same way you post goods on any of your online platforms and when people pay for them, you go and get them from the owners or merchants the same way that the service happens.
In drop shipping services, it’s all similar but unlike goods, services are being advertised and then links are pasted with tracking id that indicates which of the vendors it’s coming from. All you need do is post or advertise different services and when people click on them with your link and actually use their services, you get paid for it.
101. Customizing gift items
While people are wondering what gifts to give their friends or loved ones, you can always bring your A game as a business owner to the table.
Customizing different gift items from personalized jotters, water bottles, wrist watches, t-shirts, sneakers, shoes e.t.c all these can be customized and money will be made from them.
102. T-shirt Branding
I’m yet to see a person that doesn’t like a branded shirt. From shirts with their names or nicknames customized at the back or in front , to names of companies, teams, organizations, drawings, designs and so many write ups e.t.c all customized to the back or front of the shirts.
This is very lucrative because it is of very high demand and people pay very well to get them especially those with high quality prints .