Last updated on June 8th, 2023 at 09:24 am
If you are looking for an extra source of income, maybe you want to quit your 9-5 and be your boss, then starting a small business on the side will be worth it.
With over 200 million companies registered around the World, small businesses making up about 90% of that, choosing the right Business to start might be discouraging. If you are looking to start a business but have no ideas which one to start, this post will walk you through the best small business ideas to start in 2022, including online and offline businesses.
Starting a new business is not a walk in the park; there are things to consider before starting up a new business, be it a small or a large company. In this post, I have listed the 25 most profitable small businesses to start in 2022 with little capital.
Blogging
You probably wonder if the blogging business still works in 2022; the answer is YES! People still make money blogging.
Blogging is one of the most flexible ways to work from home and make money online. If you have something you are passionate about, maybe your career, food, fashion, pets, or arts, put it to writing and make money doing that.
But blogging is not one of the get-rich-quick programs as it requires passion and time to start earning from your blog.
Starting a blog doesn’t cost much you can start with as low as $2.95/month using Bluehost.
Reselling
This is one of the easiest businesses to start today. As the name says, reselling is all about buying items online or offline for a low price and selling them for your profit.
You can resell online on sites like Etsy, eBay, Amazon, and Facebook marketplace or offline to friends.
Reselling items online can be profitable if done the right way. To make a reasonable profit from reselling online, you need to target products at affordable prices, and the best way to do this is to buy during sales or to use store coupons.
Online Consultant
Many people reach out daily online, seeking guidance on how to do one thing or another, from dating and feminity to their health. If you think you have a knack for how to help improve your life in any way, then becoming an online consultant might be the best Business to start.
People are willing to pay for those services. To start your online consultation business, you will need a website where you set up a profile or social media platform such as Instagram where you let people know what you do and can help them.
Dropshipping
Dropshipping is one of the low-cost businesses to start today; Dropshipping is a type of retail business where you sell to your customers without being in stock of the products you sell. Here the third-party (supplier) handles the orders.
The dropshipping model is simple; all you need to do is
- Find the perfect niche,
- To get a reliable supplier, I recommend Aliexpress
- List your products on e-commerce sites like Shopify, Amazon, or your online store
and start making profits
Dropshipping is easy as you don’t need to handle the orders yourself; your supplier does the processing, packaging, and shipping.
Pet Sitting
If you love pets and can spare extra time with them, take up pet sitting as a side job. Pet sitting doesn’t require much. All you need to do is temporary care for Pets while the owner is away, which can take place at the pet owner’s or your own home.
As a pet sitter, you feed the pet, play with the pet, and sometimes walk the pet.
Domain Flipping
As the name states, you purchase a domain name cheap (sometimes free) and resell it to others for a profit. No experience is needed to start this Business, and it doesn’t take much time either. All you need to do is
- Find a good domain name
- Purchase the domain
- Flip the domain and make a profit
Sell Crafts
If you are crafty or love DIY projects, turn your hobby into a revenue stream. Make and sell your handmade items for extra cash.
The good thing about starting a craft business is that it requires little capital and is one of the most profitable businesses to start in 2022.
You can sell your crafts online on sites like Etsy; You can sell offline to your friends, use social media platforms like Facebook and Instagram, or even create an online store.
Fitness Instructor
If you spend extra time in the gym and you know how to work around the gym equipment, then being a fitness instructor would be a perfect job for you. Most people use the gym daily and want to lose weight but don’t know how to do it.
Create extra time teaching people how to achieve their fitness goals. You can go as much as creating their exercise plan and helping with their fitness improvement.
Event Planner
There is always one event or another happening around you, from company parties, birthdays, and social events to weddings. If you have a thing for organizing and planning, you can take up event planning as a side business.
Most people can’t handle the stress of planning their events and will also appreciate the extra help with theme ideas, preparing budgets, booking venues, and other things event planners do. You can start with family members and friends.
Short let Business
With short letting Business, you can go from zero to $1000 in months doing nothing. Short letting is simple; you only rent out a room, space, studio, or house for a short period, usually for a few weeks to months.
Rent out a space you are not currently using for some extra cash.
Short-letting Business is a good business since you don’t need to create inventories or bother with capital as you get to use the property you own.