Are you ready for a career change in your life? Do you want to become your own boss and set your own hours? Maybe your lifestyle has shifted, you’re not loving your job like you used to, or you’re looking for a spark of joy in your life. It might be time to start a small business! More and more people are working remotely, working for themselves, building their own side hustles, and finding opportunities that didn’t exist a few years ago. Here are 5 ideas of the best small businesses for 2023. Who knows, it might be exactly what you’ve been searching for!
1. Start a drop shipping business: This is an easy, low cost, business idea where you don’t have to store inventory. It’s a fulfillment model where a third-party supplier stores and ships the inventory to customers on your behalf. Your job is to make the sales and pass along the orders to your supplier. It’s low overhead, hand-off, and can be done anywhere you can get Wifi.
2. Start a pet business: Love animals and making money? This might be just what you’re looking for! It could be product or service-based depending on what you’re looking to do. The industry alone is worth more than $100 billion dollars – there’s definitely people looking for these services!
3. Sell handcrafted and homemade goods: If you love making things – DIY soap, candles, kid’s items, luggage tags, birthday items – you’re in control. You’ll need to consider shipping and inventory management with this option, but starting off on a pre-order basis or making a small batch is a good way to test the market and not become overwhelmed.
4. Offer child care: There has always a need for this and now it’s needed more than ever! The cost of daycares is on the rise and parents are in need of childcare while they are working. Even parents that work remotely are in need of childcare. Find your niche and you may even find your clients in your neighborhood. If you enjoy taking care of children and can obtain the proper license – this is a good idea for you!
5. Sell your photography: Do you like taking pictures? You could set up an online shop to sell prints, posters, and more. Or dabble in selling your photos on stock photography sites. There are many sites out there where you could capitalize on your photography talents.