7 Small Scale Business Ideas
Whether you’re looking for a career change, or you just want to find a way to bring in some extra cash each month, consider starting a small business from home. There are many different small scale business ideas out there that can help you achieve your goals, even if you have little to no experience now.
7 Different Small Scale Business Ideas
Starting a small business from home doesn’t have to be major time commitment or something that you need a business degree or a lot of experience to pull off. Many would-be small scale business owners just need to get an introduction to small business ownership. Others may just need to know that there are plenty of small scale business ideas out there that are both attainable and realistic. This list of 7 small scale business ideas gives you a grasp on what may be possible if you decide to take the plunge.
Running an EBay Business
You may have bought and sold items on EBay before, but did you know that you can also use this online auction marketplace as a way to run a business? Opening an EBay store and selling items on a regular basis can be a very lucrative endeavor. The key is purchasing items that you can resell at a profit. This may mean combing thrift stores and junk shops, refurbishing items, making items yourself to sell, purchasing large quantities of items at a discount, and then marking these items up to make a profit. In this course on how to start a successful EBay business, you’ll learn several tricks and tips for getting an EBay business going. This is a great small business venture for stay at home moms, or people that have some extra free time they can put into finding and refurbishing items for sale.
Mug Printing Business
Are you creative, and do you enjoy making things for others to enjoy? If this is the case, consider starting a mug printing business. Mug printing equipment doesn’t take up as much space you might think, making this an ideal business for running from your home. Create some custom designs, or print other people’s logos, business slogans, photographs, or ideas. By running the business from your home or garage, you have very little overhead once you purchase the equipment necessary. Then just purchase mugs in bulk to sell either online, through catalogs, or to area business and schools. In this course on starting a mug printing business, you’ll learn the right equipment to buy, how to create the best images, and where to find a customer base. Starting a small scale business like this could allow you to make money in your spare time, or give you the option to grow the business down the road if you desire.
T-Shirt Printing Business
If you like the idea of being creative and doing some printing, but you aren’t sure about mugs you can also try your hand at t-shirt printing. T-shirt printing is similar to mug printing in the creation process, but t-shirts are usually cheaper, take up less space, and can be less expensive to pack and ship. If you find that you’re successful at starting a mug or t-shirt printing business, you can also expand to include other options, such as starting with t-shirts, and branching into coffee mugs, travel mugs, and novelty items. This is a great option for people that want to start a business, but would like to start on a small scale until they begin to turn a profit and can expand. Learn how to start your own t-shirt printing business.
Another excellent small scale business idea for creative types is photography. If you’ve ever taken photography classes, or have a natural eye, starting your own photography business is a great idea. Shoot weddings, children, families, or events; building a business like this doesn’t require a studio if you are able to travel to locations to shoot. You can even learn how to get your first photography gig. This can cut down on your start up costs, particularly if you already own the camera and equipment. Once you begin to build a customer base, you can expand with specialty images, photo editing, or teach others how to get more out of their cameras. In the age of digital images, you won’t even have to worry about prints or shipping items that could get lost in the mail. This is a great business choice for creative types with some camera experience who want to share their passion with others.
Cash in on Fiverr
If you have any type of talent that you can share with others, whether it’s drawing, photo editing, coding, or website building, you can make a lot of money on Fiverr. Starting a business on Fiverr is simple; just set up the page that offers your services. Start small by offering hand drawn pencil portraits or help migrating blogs to WordPress. If a customer needs more help, you can contract with them outside of Fiverr for additional money. While it’s not going to pay your mortgage right away, it’s easy to learn how you can become a cash machine on Fiverr just by offering numerous small services that you can get done in your spare time.
Start a Home-Based Food Business
Do you love to cook or bake? Do your friends and family frequently ask you for recipes or to bring specific dishes to outings? If so, consider starting a home-based food business. This small scale business idea can take place right inside your home kitchen. Make bake goods you can sell to area shops, start a small-scale dinner delivery system for busy people who live in your city, or start a catering business that can work with local business and families to cater their small events. The outlay for this type of business varies tremendously depending upon your business plan and what type of equipment you may already have. It is possible to start small, though, and continuously purchase new equipment and supplies as you grow, making this a great option for people who would like to start small but eventually run a larger company one day.
Open an Etsy Shop
If you like to craft, sew, knit, crochet, or make jewelry turn your hobby into a business by opening an Etsy shop. Etsy is an online marketplace that allows people to open their own virtual storefront for just the listing fees on the products they sell. Sellers who create anything from furniture to clothing can sell their wares without the worry of rent or foot traffic. You can create an inventory to have on hand, or work on a custom basis only so you can take on as much or as little work as you would like. You set the fees, so you can also decide how much you think your work is worth.
Start Your Small Business Today
With so many different small scale business ideas to choose from, it’s possible for nearly anyone to generate an income stream while working from home. Whether you choose to turn your hobby into a side business, or you want to start something completely new and different, these small business ideas can help give you the jumping off point you need to start a small business of your own. Starting a new endeavor is always exciting, and starting one that can earn you extra income is even more so. Start coming up with some small scale business ideas of your own and get started today.
Top courses in Entrepreneurship Fundamentals
Entrepreneurship Fundamentals students also learn
Empower your team. Lead the industry.
Get a subscription to a library of online courses and digital learning tools for your organization with Udemy Business.