Brand New Small Business Ideas To Get Your Inner Entrepreneur Excited!

Have you been wanting to start a business? We have put together a list of unique and cost-effective small business ideas that will get your inner entrepreneur all excited! What’s more? We also have a checklist on how to get started.

 

Have you been wanting to start a business but didn’t know what to take a dig at? Don’t have enough capital to start something?

Worry not, we have you covered.

We have put together a list of unique and cost-effective small business ideas that will get your inner entrepreneur all excited! What’s more? We also have a checklist on how to get started.

Ready? Let’s explore:

Creative Ideas

If you are of the creative kinds, you can start by indulging in your passion. You can sell your arts and crafts at an exhibition or on the web. You can do up people’s homes or just plan a friend’s wedding!

Start with selling to a small group of people and spread the word. Put your merch/services online. Here’s how you can get a free online store.

  • Sell Arts, Crafts, Jewelry, Food
  • Interior Designing
  • Wedding Planning
  • Freelance Blogging
  • Photography
  • Resume Writing
  • SEO Consulting

B2B Ideas

If you want to do something more technical – a business to business solutions – you will need some technical skills. If that’s something you’ve checked off your list, here are a few interesting ideas:

  • Book keeping / Accounts Consultant
  • Transcription
  • Virtual assistant
  • Security specialist
  • Web hosting/designing
  • Financial advising
  • Marketing consultant

Personal Care Ideas

  • Tuition classes
  • Baby sitting
  • Pet-care, Dog Walking services
  • Gardening
  • Laundry service

How To Get Started

As the saying goes, no two businesses are similar. Every business has a different need. However, we will try to give you a general overview of how to get started with a small business.

You will need:

A Plan

Chalk out a business plan. The plan should include what your business will be about, who it will cater to and how your service will cater to a customer. Before jumping into the idea, find out if you are meeting/filling a void in the market and craft your service around the need. Get some research done and when you have a solid business plan, proceed.

Money

The amount of capital needed for a business depends on your plan. If you are starting a creative business that does not involve physical goods, starting costs won’t be big. Online businesses are easy to start. You can also use your client’s money to kick off a consulting gig and charge a commission (that’ll be your income).

For a more physical or specialized service, you could approach a bank for a personal loan or business loans.

You could also consider investor funding or crowdfunding your business. Don’t forget to figure out how your business will generate revenue.

Business Name and Logo

Christen your business. Get a relevant name and design a logo to create brand awareness among your customers.

Pro-tip: two syllable business names are easier to remember and are apparently more catchy. Example: Insta-mojo; Goo-gle; Coca-Cola etc.

Registration & Documents

Once your idea, structure and finances are sorted, you need to take care of the legal part of your business. Get your business name and logo registered with the local municipality. This will ensure your business assets and intellectual property is legally protected.

You will also need to get a PAN card, a TAN for paying taxes and licensing documents, etc. Set up a current account or savings account to keep track of your transactions and a steady flow of money coming in.

Ready to be a small business entrepreneur? Try digital transactions! You’ll save more !

GET STARTED NOW

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18 comments
  1. Interesting blog, good information is provided regarding business ideas. Was very useful, thanks for sharing the blog.

  2. There are many types of questions which need to be ask by the small business owners as asking will help a lot in mandating the business as the most important question which need to be ask by the small business owner is how the technology is helping the business as it is most basic and helpful question which will improve the way of working and services and if you are establishing your new and small business then you need stay update with small business advices in Canada, which will tell you national and international policies that might affect your business.

  3. Appreciated!
    Thank for sharing these amazing small business ideas. It’s really hard to find exact business idea according to skills so this article is explaining so many business ideas.

  4. I recently found your page and so far I love it. Keep up the good work. You have done an excellent job with your writing.

  5. Oh my god! Is it true to implement all these things in an entrepreneurship? Because I had never thought about such concepts. I think most of the small business owners are not aware of these facts. That is why I love these ideas very much. It is based on simple logic i.e if as an entrepreneur one wants to make his small business big, then he should bring the most agreeable ideas( like above) into his business. Because then only his business will take it to the people who are the vital medium for bringing it to the market. Ultimately his annual revenue will increase and he will become more profitable. Moreover, he should understand that a valuable idea is always an essential step to make a comeback in the game of business. Only the way of implementation is vital which will decide whether he will grow or stop.

  6. In the last few years we noted that some peoples and small companies started to produce small quantities of high quality soap bars.
    If you are interested in this small business, we can help you with our Small Soap Machines.

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