Small business ideas which will make money for you in 2020

  • By Rashed
  • 19th May, 2019
Trulli

It can be difficult to determine which ideas are worthwhile with so many business ideas in 2020. Sometimes it can be risky to jump on a new trend – it can also be highly rewarding. You may note that many of the ideas on this list have recently become increasingly popular. For a long time, some have been more competitive, but less risky. All the small business ideas below will also enable you to make money.

1. Website Flipping

Website flipping is among the new business ideas that have got everyone from work-at-home to recent graduates excited. It involves buying an already running website, improving its design and content, and then selling it for a profit. There are quite a few places where you can buy and sell websites to earn a profit. Shopify’s marketplace Exchange, for example, allows you to buy ecommerce websites that you can further improve via content marketing, SEO, and other tactics. Once your site begins to generate more revenue than when you acquired it, you can list it for sale on the marketplace. 

2. Greeting Cards

Greeting cards are always in style, so if you're interested in designing or simply in showing your physical artwork, then this is one of your best creative business ideas. You will need a range of designs ready to go before you can begin looking for customers. Custom card designs are made easy with tools such as Photoshop and Canva. In order to make greeting cards (ink, paper, etc.), you must also keep supply in stock. Here is a technical tip: buy the supply from a wholesaler if you want to retain low costs. When the inventory has been sorted, you can start to generate revenue on Facebook, Etsy and other similar plats by marketing your company.

3. Content Writing

Nearly every internet business needs support to build content for web websites, blogs etc. As such, it could be one of the most lucrative business ideas for you to build a content writing or copy writing company. Remote.co, Problogger Jobs and BloggingPro are popular websites to find the first few customers. You may also enter Facebook content writing groups to attract a wider audience in your company. There are other ways you can make a good impression on clients , for example by providing personalized keyword optimization or graphics.

4. Career Coaching

There is no shortage of people who need support in finding jobs, with rising unemployment and a saturated labor market. You will potentially help others if you have the ability to support your family and friends find an appropriate job. Try starting a business as a career coach where people can find out what is their best job, what is an interview, what attributes describe a successful candidate, and more. In Facebook groups or on sites such as Coach.me, you will search for customers. The great thing about this company is that 4-5 hour sessions a month will make money. Moreover, in one session you will coach multiple clients. When you want side business ideas, you need them

5. Stock Photographer

You can become a stock photographer by registering your name with a sole property if you can capture great candid moments or recently made a portrait picture of a relative. Firms like Shutterstock, Adobe Image, etc. are still looking for lovely images. You can begin by listing on these platforms a few of your current images. Wait for people to download them once you have submitted your images. With any download on your website, most stock photo sites pay a royalty. Another way is to open your own website and directly sell images to people, which can only be done when you can invest in marketing. You can also sell your images.

 

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