10 Profitable Small Business Ideas

Starting a business is not always easy, but it can be exhilarating and rewarding. If you’re looking for inspiration on what kind of product or service to offer the market, take a look at this list of expansive and inventive small business ideas. Here are ten profitable small business ideas

1. Laundromat

If you live in a densely populated area or a place where laundry services are scarce, its ideal to Start-A-Laundromat. Laundromats have several revenue streams. In addition to charging users to use the washing machines and dryers, you could also offer stain removal services, sell detergent and dryer sheets, and clean other people’s laundry.

2. Party Planning Service

Do you want to throw a party but don’t want to deal with the hassle? Hire a party planner. Party planning services typically offer a wide range of party themes and plan, organize, and execute all the details. You could even cater food as part of your party-planning service.

3. Wedding Planning Service

Wedding planning is another excellent service to offer customers who want to throw a successful and fun party without their hassle. For example, a wedding planning service could supply waiters to serve food at the event, create custom menu items, and even order flowers, china, and lighting.

4. Tutoring Service

Many people are looking for a tutor for their children. Most of the time, if you offer your service on a freelance basis, you can find enough work to make a living just by being available when in-person tutoring is required. You could also partner with local schools and tutoring centers to help them provide more convenient or additional tutoring services.

5. Makeup Artist Service

These days, many women who aren’t professional makeup artists can still do their makeup perfectly well. However, not everyone has the time, confidence, or skills to look great every day. If you can provide a flawless yet casual look for your clients and make them feel beautiful, they’ll be eager to book you again.

6. Photography Service

These days, people take many pictures of their lives with smartphones. If you have good photography skills, you could help them edit and share with friends on social media and provide fully edited digital photos. For example, if you’re a wedding photographer and can make your clients look beautiful in every photo taken on their wedding day, then they’ll be eager to hire you again for other big events.

7. Pet Sitting Service

With the number of people who work long hours, many pet owners are looking for an alternative to boarding their pets while they’re at work. A pet sitting service could visit your clients’ homes in the morning and evening to feed, walk, and play with their pets. You could also offer various services such as dog training, grooming, and pet medication administration.

8. Apartment Cleaning Service

Many people like to live in a clean, well-managed apartment. To do this, you can offer a cleaning service for apartments in exchange for a commission. Your clients will be grateful that they don’t have to do this themselves and will hire you again and again.

9. Online Advertising Service

If you’re familiar with online advertising, you’ll know that there are many benefits to having your website. Most businesses will pay for an online presence, and even people who aren’t formally in business can benefit from a website. However, most businesses don’t have the time or skills to create their site. So if you can provide them with a professional-looking site at reasonable rates, they’ll be happy to hire you again and again.

10. Groupon Service

If you offer a Groupon deal to your clients, on the other hand, most of them will end up buying more than one deal at once. For example, if you offer $10 for $20 worth of food and drinks at a restaurant or store, your clients will probably buy more than one deal for their friends and families. Most people tend to consume services in groups, so this idea has great potential.

There you have ten profitable small business ideas every entrepreneur should consider

About the Author:

Ray is a sought after thought leader and an expert in financial and money management. He has been published and featured in over 50 leading sites and aims to contribute articles to help novice financial planners. One of his goals is to impart his knowledge in finance to educate and help ordinary people create and achieve their financial goals.