8 Amazing Financial Nerds | 200+ Articles | Strive for FIRE | Corresponding Your Finance since 2022

15 Best Business Ideas You Can Start Today 2023

Budgeting / By Humbled Budget
Business
Picture of Humbled Budget Team

Humbled Budget Team

With over 55 years of combine experience in the Finance/Tax Industries based in the United States, Our Team of Humbled Individuals' shares their wisdom gained through experience or technical knowledge acquired through Additional Education.

Introduction to 15 Best Business Ideas

Starting a business is a daunting prospect. The startup capital is high, and the risks of failure are even higher. It doesn’t have to be that way.

If you’re checking for ideas on how to begin your own business without much money or experience, this list can help.

These 15 business ideas will inspire you and show you which ones will require more investment or time than others.

No matter what kind of idea you choose, though, remember that the best way to make money isn’t necessarily by charging high prices for products or services. It’s by providing lots of value for customers at low prices.

Mobile app developer

You can start a mobile development business with little or no money; it doesn’t take years of experience to succeed.

The key is to develop an app that solves a problem for people, whether you’re building an app for your use or creating one for others.

To get started, find out the most popular apps in your field. An app probably already exists, but it needs some improvement or adjustment.

Think of ways to build on it and make it more useful: add more features, enhance the user interface, improve analytics, etc.

This can be done, then given as free updates to existing users after you’ve got enough positive feedback (or offered at cost).

You’ll also want to learn how to code to understand how technology works and how best to utilize its capabilities to create apps faster and cheaper than anyone else can do so themselves (at least initially).

Event planning

Event planning is another business that will allow you to work from home. You need a creative mind and organizational skills, but once you’ve figured out how to plan an event, it’s easy to make money.

You can work with a team or independently if you have the right connections and know where to get good prices for everything (like venue rentals).

If you’re considering this business idea, be sure that everyone who works with or for you has similar goals and values.

This means they’ll share your vision regarding decisions about food and drinks at an event. If they doubt what needs to be done next, communication will suffer.

Blogging

Blogging is a great way to earn money online. Anyone can blog, and you can blog about anything! You don’t have to be an expert on the subject of your blog; you need expertise in one particular area.

You can start a blog for free with platforms like WordPress or Tumblr. Blogging is also a fun hobby that allows you to share your thoughts and connect with others with similar interests.

There are various ways that bloggers make money: by selling ad space on their websites (known as affiliate marketing), writing sponsored posts for brands, selling eBooks or courses online, etc., but these are only some examples of how successful bloggers are financially rewarded for their work.

E-commerce store

If you’re new to the field of e-commerce, here are some tips to help get your store off the ground:

Choose your niche carefully. Are you planning to sell products for pets or fashion? What about food and cooking? Do you have any particular expertise that might lend itself well to being sold online?

Narrowing down what you’re selling on your site is essential, so visitors know exactly where they’re going when they click through from Google.

Think about how fast it will be for people to find what they’re looking for. Will some categories and subcategories allow customers to browse through products by type?

How many pages should those categories have (not too many you want customers coming back!)? Can users search using keywords or filters like price range or brand name to narrow their searches even further?

It depends on the time and energy present to develop content around each category page (or subcategory page).

Web design

If you have a background in programming, web design is an excellent way to start your own business. With the increasing popularity of e-commerce sites, there’s a constant demand for skilled web developers who can create high-quality websites.

Plenty of online tutorials and courses can teach you how to create an attractive website and get it live on the internet.

If you want to make money from your knowledge, it’s essential that you have some experience below your belt and perhaps even some qualifications too.

Freelance writing

If you are experienced in writing skills and looking for a job that gives you the freedom to work anytime and anywhere, freelance writing may be your answer.

Freelance writers can earn decent money doing what they love, and getting started is as easy as knowing where to look for jobs.

When deciding whether or not to pursue freelance writing as a business idea, it’s essential to consider whether or not this kind of work is right for you.

Freelance writers must exhibit excellent time management skills and an ability to meet deadlines. If these qualities don’t come naturally, freelancing could end up being an exercise in frustration (not to mention one spent searching desperately for another job).

On the other hand, freelancing may be perfect for you if you love organizing ideas into well-formed paragraphs (or even enjoy putting words together so people can understand them). 

Business

Child care

Child care is a big business. If you have a passion for children, it’s an excellent business to start, as there are plenty of opportunities to help put families in touch with quality childcare providers.

Start Your Own Child Care Business

Child care services can be physical or virtual. You can offer drop-in daycare at your home or provide care for one-on-one clients hourly.

When starting, it’s good practice to create a website that lists your rates and services so parents can find you easily – and book appointments from the comfort of their homes!

Virtual Assistant

A virtual assistant provides administrative and business support to clients from home or another remote location. As a virtual assistant, you can help your clients with everything from scheduling appointments to running their social media accounts.

You’ll need essential marketing, communication, and computer use (Microsoft Office) skills to become a virtual assistant.

You should also know how to plan projects and communicate with clients effectively by phone or email.

As a virtual assistant, you can work onsite at an office of the company that hires you or remotely from home.

While working remotely will allow more flexibility in scheduling your day-to-day tasks, working onsite will give you access to more resources such as printers, fax machines, etc., making it easier for you to complete tasks quickly without having any issues with equipment malfunctioning at home over time due to regular use over many years.”

Business

Catering

Catering is a business that requires a lot of preparation, but it can be gratifying.

As a caterer, you’ll need to have or rent the space for your event, including tables and chairs, linens, and dishes.

You will also need to prepare food for your clients—so if you’re planning on being a professional chef and running a catering service (which is possible!), this should be an area that interests you.

You may even want to take some culinary institute or college classes to gain more cooking experience while learning new techniques and recipes.

After all of this has been taken care of, it’s time to market yourself and begin making money.

Food truck

Food truck: A mobile restaurant, usually on wheels and selling food. Food trucks can operate at events or in a permanent location, like a street corner or parking lot. They are easy to start, with low startup costs and great potential for making money.

Good for you if you want to get your foot in the door of the food industry but don’t want all the overhead that comes with opening an actual restaurant or deli.

Tour guide

As a tour guide, you’ll take people on guided tours of your city. It’s a great way to study the history and culture of your town while making money at it.

Since you have good communication skills and can put together an itinerary that keeps people interested, this can be a fun job for any freelancer with some time.

Start by researching online and asking around the community to find out which neighborhoods have the best food, shopping, or historical sites.

Then contact businesses in those areas and inquire about booking appointments to give free walking tours (or even paid ones).

Once you’ve built up enough experience as a tour guide, offer customized trips based on specific interests such as wine tasting or art gallery hopping.

You’ll also want a smartphone so potential clients can easily text questions about where they should go without having to stop walking around town all day!

Online courses/teaching English online/consulting online

The idea of an online course is relatively simple. It’s a series of videos or written materials to teach someone how to do something.

For example, if you’re an expert on teaching English abroad and want to share your knowledge with others, you could create an online course that explains the basics of what it takes to travel overseas and work as a teacher in another country.

You might also include some tips for preparing yourself mentally and emotionally for such a significant lifestyle change.

There are two ways you could earn money: firstly, by charging students for access to the material, or secondly, by offering information about paid gigs abroad through your website or blog and then charging companies directly for those placements through your connections made through teaching online courses.

Language translator service

Translating documents, websites, and emails is a great way to make money online. You can work as a translator for private clients or as an employee of an agency translating audio/video files.

If you have good language skills, take it one step further by translating business meetings or phone conversations.

House cleaning service

There are plenty of people who don’t have time to clean their homes, and many of those people are willing to pay for a professional service.

This business idea can be started on the side, but it has potential for growth if you have a knack for organization and detail.

Start by offering cleaning services to your neighbors, friends, and family members to get some experience before taking on more prominent clients.

As you build up your client base, consider hiring additional staff or outsourcing specific tasks (such as laundry or vacuuming) so that you can focus on providing higher-quality work at a faster speed.

Home staging service/interior decorating services for businesses and homes

The importance of good interior design cannot be overstated—it can make or break a business, and even the most beautiful products will be lost if they’re housed in an unappealing space. That’s where you come in!

If you’re starting, here are some tips on how to price and market your home staging service:

  • Pricing – You can charge per room or a flat rate based on the size of your project. For example, if it costs $500 to stage all four bedrooms in a house, your client would pay $250 for each room. If it costs $2,000 to stage a 3-bedroom house with two bathrooms (a total of 9 rooms), they would pay $300 per room. The possibilities are endless.
  • Marketing – All marketing materials should include an image of one of your projects so that clients know what their spaces will look like after being staged by you. Be sure to include contact and pricing information, so people know how much this service costs before considering it seriously.

Conclusion

These are just some ideas for starting your own business. If you’re wondering how to create your own business, we recommend you research the different kinds of companies and choose one that fits best with your skills and interests.

You should also consider whether or not there is enough demand for this type of product/service in your area before jumping into it head first.

Must Reads

Scroll to Top