The new year is here, and with that brings new opportunities to start your own business. Below we have created a list of the most popular and modern business ideas for this year.
Drop Shipping
What is drop shipping? Drop shipping in simple terms is when you don’t keep inventory of items you sell. So, when someone places an order of an item, you in turn place an order with the supplier of the item and the item gets shipped directly to the customer from the supplier.
This is great because you don’t need to hold expensive inventory and allows you to sell a wider variety of items on your store.
Sell Used Items
Are you a bargain hunter. Do you notice cheap items from a distance. Then this could be your business. You can source bargains at auctions, flea markets and online marketplaces such as Gumtree and Facebook marketplace. Source the items, negotiate a low price and flip them at a higher price.
Flip Cars
Do you have a passion for cars? Look for cars going at low prices, there are many places you can find bargains, such as car auctions, Facebook marketplace, Gumtree and your local neighbourhood, you can also ask friends and family members if they looking to sell their cars.
Once you find the right car, make sure to inspect the vehicle fully and know what repairs are required if any. Once the deal is sealed, repair the car if needed, give it good clean and polish and list it on the market for sale.
Sell Hand Made Goods
Are you good with working with your hands, such as crafting with wood or metal, perhaps even making jewellery? Why not make your own products and sell them. You can either sell them at flea markets or sell them online with your own website.
Become an Influencer
Are you good with social media? perhaps this can be your next business. Work on building a following on your social media platforms, such as Instagram, Facebook or TikTok, as your followers grow you will be able to advertise for other businesses and make a commission of each sale.
Sell Services on Fiverr
Fiverr is a platform that brings people that are looking for services to people who are selling those services. Some of these services are, website design, logo designing, digital marketing and SEO.
If you have some knowledge of the above, you can list your services on Fiverr and start making money.
Cleaning Services
This one is not for the faint hearted, but if you like to clean, you can turn that into a business. With a few helpers, some cleaning supplies and transport, you can start a business that offers cleaning services in your local area. The places you can find work is, businesses around you, people’s homes, flats and apartments. The good thing about this business is repeat work, meaning people will require your services on a weekly/monthly basis, allowing you to build a recurring income.
Start your Own Blog
The online space is filled with opportunities. If you have some knowledge of websites, then this one is for you. Blogging is fun and interesting. You can talk about topics that you are knowledgeable about. Once your blog gains traction you can run ads and add affiliate links to generate income. To find out more click here: Start your own website
Online Teaching
Are you good with teaching others? The demand for online teaching is growing, there are many subjects to teach, and you are not limited by location because everything is done online. This could be a great opportunity if you are looking for something that allows you to travel and have more flexibility.
App Development
Do you love to code? Developing apps is the new in thing, every business needs an app. Think of some of the popular apps currently such as Eskomsepush and Checkers60. These apps are important and has become a need for some people. Apps are only going to keep growing and as a bonus this is a very lucrative business.
Digital Marketing
Do you like social media, are you good with creating and sharing content. Digital marketing is a great field to get into. Every business is looking to get onto the online space; however, they don’t have the time to create and post content, this is where you come in. This business also allows you to work from home saving you startup costs such as rent and travelling expenses.
Starting a Food Truck
As the old saying goes, people must eat. Food is a big business and is still growing in popularity till today. Businesses are coming up with new food recipes, new ways of preparing the foods and new flavours. If you have some saved money to invest into a food truck, and you can cook something that tastes really good, then you should start a food truck business.
Lawn Care
Grass always needs to be cut, and if you have a cutting machine such as a lawn mower or side cutter, then you already have the main tools to get started. As your lawn care business grows, you can add more services on such as window cleaning and pool maintenance services.
UBER or Bolt
Why not make your car work for you? If you have a car that not too old, around five years or higher than you can apply to work at UBER or Bolt. The great thing about this is that you get to select the times that you want to work for, allowing you to choose how much you want to make.
Food Delivery
Uber and Mr Delivery food delivery is like passenger delivery just the difference being that you now deliver food instead of people. Uber and MrD pays you for every successful delivery and you get the money paid directly into your bank account. You can register on their website to start delivering.
Estate Agent
The housing and commercial property market is massive and still growing till today. Why not become an estate agent and help people find their dream home. In many countries you are only required to complete a few months of studies and pass an exam to qualify as a real estate agent. This job requires you to have people skills, if you possess this, then you will be miles ahead and on your way to a successful career as a real estate agent.
Graphic Design
With the introduction of AI Chat bots and AI pictures, it makes you wonder whether graphic designing is still a worthwhile business. Well, what we do know is that businesses will always need great marketing material to sell their products and will not have the time to ask an AI for all the answers, this is where the gap will be.
If you have an artistic flair and know how to create it in a visually pleasing format, why not start your own graphic designing business.
Personal Trainer
Do you like training and working out? Then this could be the perfect business for you. You get to teach others how to keep fit and you make money at the same time. Ask your friends and family if they know of anyone who is looking for a personal trainer. Once you get your first customer you can just keep growing your personal training business.
Au Pair
Another great business is Au Pair. Au Pair is a business that brings people who require assistance with looking after their kids with people who are looking to provide that care. If you like to look after the old age or kids, then this could be your next best opportunity, plus you get to travel to other countries and meet new people.
Online Bookkeeping
Bookkeeping is a great business especially with the online world. A lot of bookkeeping businesses are now working fully online. You can start your own bookkeeping business from home, giving you more freedom and more autonomy.
Final Thoughts
And there you have it, some great business ideas to help you towards your entrepreneurial journey. Remember to always start a business that you have a passion for, so that you can be fully committed to the business in the long run.
