The cost of starting a business has never been so low, especially for digital concerns. Technology has made starting your own small business easy, affordable, and possible. All you need to start a company online is a phone, a computer, an internet connection, and a domain name.
The biggest challenge, however, is coming up with a viable and unique small business idea.
Ideally, a perfect small business idea should fulfill three important criteria:
- It should be something you like doing,
- It should be something you are good at, and
- It should be something that is in demand (i.e., people would pay for).
To help get you started we’ve come up with a list of online– and offline-based profitable business ideas that are easy to start and in demand.
We have categorized each idea as follows:
| Category | Range | Description |
|---|---|---|
| Business type | Online or Offline | Is this opportunity available in the real world or in cyberspace? |
| Investment | Low or high investment | How much money does it cost to start this business? |
| Earning Potential | Low or high value | How much can you realistically expect to earn? |
We also indicate which ideas are well-suited to (1) stay-at-home moms and dads (2) undergraduate students and (3) teenagers and kids.
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Click this link to visit the original article and read more about the 82 business ideas.
https://digital.com/business-ideas/
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Written by: Akshat Biyani, Small Business and Finance Expert
Last updated: September 22, 2022