15 Great Small Business Ideas In 2023 (Low Investment)

Small Business Ideas 2023

It is difficult to get a business off the ground. Most of us will have to work for several years before earning our first dollar, and in order to do so, we must persuade others to believe in us and our ideas. Fortunately, there are a plethora of great small business ideas that are simple and easy to implement and do not necessitate the investment of tens of thousands of dollars.

15 Great small business ideas!

1. Online Reselling

Clothing and sales enthusiasts may want to consider starting an online clothing resale business. You can start as a side hustle and grow into a full-time resale business if you put in the time and effort. 

Poshmark and Mercari are good places to start selling your unwanted clothing, but you could also expand to your own resale website.

Related 7 Ways To Make Money As An Online Reseller

2. Online Teaching

There is a growing demand for online education, which has opened up new opportunities for businesses.

As a tutor, it’s possible to teach any subject you’re knowledgeable about, no matter where you are. 

If you lack expertise in a specific subject, consider teaching English as a foreign language online to students in other countries to earn money.

Related – 5 Ways to Get Paid to Teach English Online: Earn $22/Hour

3. Online Bookkeeping

A bookkeeper’s job is to manage day-to-day financial tasks like recording transactions, reconciling bank and credit card accounts, and processing payroll.

Many bookkeeping services can now be completed online, just like in education. If you’re an accountant or bookkeeper who wants to run your own business

consider starting an online bookkeeping service with the help of modern technology.

Related How To Make Money As A Bookkeeper Without Experience {$25/Hour}

4. Freelance Writer

Writing is a career option that is ideal for those who want to be able to work wherever, whenever, and however, they see fit. 

The majority of today’s writing can be completed using only a computer, an Internet connection, and a word processing application.

If you’re good at writing, there’s a market for your services. 

Make sure you have a portfolio of work to show off to potential clients by writing blog posts, magazine articles, and website copy for yourself. 

Even if you only make a few sample pieces, they will help you display your work and attract new clients.

Related 4 Ways To Get Paid To Write {$200/Post}

5. E-commerce Store Owner

Is there anything you’ve done that you’re proud of? Consider turning your passion into a full-time job by opening an online store. 

An eCommerce store can help you make money from your hobby, whether it’s selling your handmade pottery or hunting down sports memorabilia you’ve always wanted to find.

There are sites like Shopify that allow you to start your store for a few dollars.

Related 11 Ways To Make Money From Your E-commerce Business

6. Cleaning Service

Cleaning services are simply small business ideas with low overhead that can be started with little more than planning, dedication, and marketing.

It can easily be turned into a hobby. There are many ways to get started in the cleaning business, including hiring a few employees, cleaning supplies, and transportation. 

The typical cleaning fee ranges from $25 to $50 per hour. It’s a great small business idea that can make you a lot of money.

Related How To Start A Cleaning Business: 9 Simple Steps

7. Website Flipping

Flipping websites for profit may be an excellent option if you like the idea of selling something but don’t like dealing with physical goods.

The unique business concept behind this venture is purchasing an existing website, improving the content and design, and then reselling it for a profit.

As a result, before you put the website up for sale, you’ll need to put in a lot of time and effort to make it profitable. 

However, in the end, this can be a great way to profit from your knowledge and launch a successful business.

8. eBay Buying And Reselling

The basic concept of eBay reselling is that you go out and buy products from stores that have a lot of discounted items. The products are then sold on eBay and shipped for a profit.

If you have expert knowledge of a particular item or niche, you could make a lot of money by buying and reselling items on eBay.

9. Dropshipping

Dropshipping is the simplest and most efficient way for many people to start an online store.

It has low upfront costs because you don’t have to make or store products (this is done by suppliers), and you can get started with just a website and some marketing expertise.

Even though drop shipping involves no actual shipping, there is a slew of third-party apps that can help you run your business more efficiently.

Related How To Make Money From Dropshipping Business (9 Success Tips)

10. Translation Work

Starting a small business providing translation services could provide a good source of income if you are fluent in at least two languages. 

This business idea includes a variety of services, such as the translation of written or spoken words, the creation of subtitles for videos, and more.

With just a few hours of spare time each day, translation work can be a highly lucrative and profitable business that requires no more than your bilingual skills.

Related 7 Legit Sites To Make Money As A Translator Online

11. Fitness Coaching

In the fitness industry, personal trainers and fitness coaches can earn a lot of money. 

It’s not difficult to become a certified personal trainer, and you can start earning money from home by hosting virtual training sessions or streaming classes on YouTube or elsewhere.

Related – 10 Ways To Make Money In Fitness Coaching Online

12. Cake Baking

In my opinion, no one can resist a good cake. It’s possible to start a successful bakery out of your kitchen if you’ve got a talent for making beautiful and delicious desserts. 

As far as small business ideas go, there’s nothing better than starting a cake business for a low price. All you need is a license and to follow the rules that differ from state to state.

Related How To Make Money Baking Cakes (9 Simple Steps)

13. Website Testing

A Website tester’s job is to assess the client’s website as a general user in order to identify potential issues or frustrations that can affect the user experience. 

You’ll frequently be asked a series of questions as you navigate the website, reporting back with video feedback.

Because website testing is so flexible, you could use it as a way to earn some extra cash on the side.

If you want to start a full-fledged website testing company, you could hire a small team to assist you in your efforts.

Related 8 Ways To Get Paid To Test Websites ($100/Hour)

14. SEO Expert

Anyone in the marketing industry knows how difficult SEO can be, especially if you aren’t an expert! 

If you know the tricks of the trade, you can start an SEO business that generates backlinks, improves SERP visibility, and more for your clients.

Related 8 Strategies To Make Money As An SEO Expert

15. Photography

You could be a successful photographer if you have a knack for capturing people’s smiles. 

Even in a competitive industry, photographers are in high demand for everything from weddings to corporate events.

A professional photographer can help real estate agents find the perfect photos for their next listing!

Related 10 Lesser Known Ways To Make Money As A Photographer

Conclusion

This is the list of the 15 Best Small Business Ideas. You can choose one or more that suit you and start your business.

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