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50 Profitable Small Business Ideas for 2020

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Becoming a business owner is a dream that many people nurture. However, it is often difficult to come up with business ideas that do not require a large investment.

In the past two decades, the world has changed drastically. Everything has transformed, right from the lifestyle of people to the way they perceive things. These changes have completely changed the occupational opportunities available.

Gone are the days when you had to choose from a limited number of professions. These days, you can choose to do whatever you want, be whoever you aspire to be and own it!

Starting your own business is not a complex task anymore. Neither does it require any hefty investments. All you need is an entrepreneurial mindset and a firm decision.

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The best part is, you can find your areas of interest, start a business and have fun while you work.

Extending the concept further, here we have curated a quick list of some amazing small business ideas, to help you set up that dream business of your own

If you spend some time and effort in research, then you will find many small business ideas that will help you set up a business with very little investment. Most of these can be done at your home in your spare time and even additional space.

The best part is that you can start these small businesses as sole proprietorship so that there is very little paperwork if at all to deal with.

In some cases, you may need to learn new skills for starting a small business, but most of the time, it is possible to go into business with the very skills and knowledge that you already possess.

Let us look at some great small business ideas that can be profitable as well.

Auto Detailing

This is a small business idea for those who have an eye for detail and love to make things gleaming clean. This job entails making cars sparkle inside out, and car owners are ready to pay handsomely for this work.

All it requires is some extra space and a few tools and cleaning materials.

car-repair

Online Food Delivery Service

Get started by creating an online site or app or both. If you are passionate about cooking this is your go-to business! Limit the delivery hours and be client-specific.

For instance, start off by making a breakfast menu for your clients. Once you get settled in you can appoint more people to work for you.

Promoting this business through advertisements on various social media platforms can help you further. 

Blogging

So, you have a natural talent for writing and want to put it to some good use. Then you should find a topic that you are passionate about and start a dedicated website. Slowly the readership of your website will increase, especially if you write useful and informative content.

This, in turn, will attract people to advertise on your site and pay you for it. All you need is a computer, some time and some effort, here is a detailed guide to creating your blog from scratch.

We have created a number of articles around blogging and how to grow your blog, I’m sure these articles are going to help you throughout your blogging career.

blogging

Personal Training

Everyone wants to get fit these days but no one has the time. A lot of people are opting for a personal trainer and dietician, who can regulate their daily activities.

If you are trained and know your basics, start this business today. You even have the option of promoting your work on all social media handles. The best part is that the business can flourish in a matter of months.

Once you have a strong client base, invest in a gym or a training area!

There is a lot of scope, as a personal trainer, you can hire more people to work for you. It can even lead to a chain of gyms and training arenas.

Online Coaching Classes

Teaching can also be a profitable business venture if explored properly. Start with coaching a few students in the field of your expertise.

Gradually expand your base to online classes and target a greater number of students.

Online coaching has more scope for profit. Register on various online educational portals and get started overnight. Once you feel you are proficient, you can create your own site and make your business flourish.

If you are studying or working and still want to start something of your own this is your answer.

Social Media Consultancy

The approach of social media is increasing day by day, there are so many people who want to promote their pages and blogs online. But at the same time, they don’t know how to do so.

If you are a marketing expert, what are you waiting for? The best part about this business is, you can start it from home. The investment is minimum and the number of target clients is increasing day by day.

You can start this business alone with minimum investment, once that’s working the sky’s the limit. You can start by employing marketing experts and eventually get your own office!

Buying and Reselling on eCommerce Sites

The advancement in technology over the last few years has given rise to some opportunities, and buying and reselling products on popular eCommerce sites are one of them. Many people buy products that are in demand locally, and sell them on eCommerce sites for a profit.

buy & sell

Logo Designing

If you are creative and have the right sense of style this is the idea for you. Start up culture is at its peak these days.

Everyone wants a unique mark for their brand. So, what are you waiting for? Proficient in Photoshop? Log on to any freelancing portal and get started!

Gradually plan to create a logo designing agency of your own.

Website Developer

If you know how to develop and design a website you already have a whole client base waiting for you. People nowadays need good and reasonably charging website developers who can develop a fast loading and well functioning website.

The website is more impactful if the colors and design are unique and eye-catching. Start your business with a decent investment and work in an established manner. Once you are through the initial stage, a website developing agency may be set up. 

Massage Therapist

You can even be a massage therapist as it is a new emerging skill. People have actually started getting massages professionally and it pays great.

So if you are interested, take a course and head on!

You can eventually hire more people to work for you. You may not start a massage parlor of your own, and rather hire people who can give massages at home. Promote your work through pages and handles.

Resume Creator

Resume creators are in popular demand these days. An influencing resume can be decisive for a person’s career.

An added advantage of this is that you don’t have to get professional training. If you are a good writer, just brush your basics and you are good to go.

Start your own resume building page on Facebook. You may even gradually expand it to a website of your own. The monetary investment is minimum but people need to know about your business. So there is this added cost of promotion, keep that in mind!

Personal Stylist

Personal stylists are widely demanded in the fashion industry. There are numerous people who aspire to make it big in the fashion industry.

If you have a good understanding of style and fashion, this is for you. Even celebrities appoint personal stylists, thus opportunities are impressive.

Once you get a reputed name in this field, you can even start your own grooming and styling agency! 

Cake and Cupcake Baking and Decorating

If you enjoy baking and have a little creative bent of mind, then you should learn how to bake and decorate cakes. Decorating baked cakes and making them special for occasions is also a lucrative business.

You can sell your cakes and cupcakes via Craigslist, a Facebook page or even in the local farmer’s market. Slowly you will start receiving a large number of orders for custom cakes for birthday parties and special events.

Cupcake Baking

Carpool driver

Carpooling is yet another popular option for starting a mini business of your own. After all, everybody travels to work or some other spot daily, for which they need conveyance.

Extend this help and get paid. Not only are you saving the planet, but also some additional bucks.

There is a good scope, as after a point of time you can hire more people and buy more vehicles.

Party planner

Party planners have always been in demand. If you are creative and good at organizing events, this is the best job for you.

As you begin, the profit may be less, but your investment is almost nil. Your homework includes collecting ideas and finding your target clients.

There are so many kinds of parties that you can plan, be it the kid’s parties or evening tea parties.

Start with a limited number of variants and research on them properly. Try to set up the initial things yourself, although you will need to hire more people for various activities.

Content Creator 

There is a difference between creating content and writing blogs, content creators work way beyond a blog’s ambit. Thus, this is yet another amazing business idea to explore.

What’s even better is that you don’t even need to have a fancy skill set for this. All that you need is a good command of language and creativity.

Spending a few hours on your laptop can help you generate a very healthy output.

A number of content creation sites are flourishing today, explore this a bit and start something of your own.

Proofreading

If your friends call you a grammar nazi, proofreading is something you can try your hand at. Check for errors in written content and monetize your skills!

Different writers have different levels of expertise. As a  proofreader, you can assist these writers by making sure the content submitted is error free.

The income that you can generate is very good, and the more time you invest in this field the more you will earn.

You can start individually, and once you have more clients, you are all set to increase the ambit of your business. 

Warehouse Storage

If you have a house or plot that is not being used, you are wasting it. Turn it into storage or warehouse and advertise the availability.

Find a trustworthy client rent out the place. No particular skills are required for this business. Invest once and gain profits.

Also, if you have a bigger place you can create a commonly allotted warehouse storage where different clients can be given different sections. 

Snowplowing

If you live in an area which sees a lot of snow in winter then you can easily start a snowplowing business.

The investment required is a plow which can be attached to your pickup truck. In fact, it is possible to start even smaller, by clearing driveways and walkways with a shovel and snowblower.

Snowplowing

Photography

Photoshoots have become so common these days, people are having one for every event of their lives.

If you click good photos and own a camera this is your way to go. Photographers need to have a good camera set up so that is a prerequisite investment but the scope is very vast!

From a newly married couple to every celebrity out there, you have a vast scope.

Dog Groomer 

Dog grooming is quite a unique business idea. This is, in fact, a trend that has developed over the last few years.

Grooming dogs is a profession that pays very highly. If you love dogs and styling, then you are getting paid for having fun.

Your investment would require you to open a dog grooming studio, but the profits are multiple after the initial investment.

Catering 

If you are passionate about event management and food alike, food catering is an appealing business idea for you. The initial investment might be some, but once you get paid for this, you are sorted.

If you are good at basic management and know-how to procure resources, the sky’s the limit for you. You can even limit your scope to a limited cuisine and cater.

There are clients who prefer getting food catered at special events. Plus happy clients can always recommend you further.

Starting catering services is easy because your business will not require any kind of office environment for the initial stages. Although hiring people to work for you will be a prerequisite.

Home Made Chocolates 

There is this trend to gift homemade chocolates, and you can totally make the best of it.

Create chocolates in different designs, colors or based on different occasions. The more pleasing they look, more clients will be attracted.

You can even promote your service on Instagram, Facebook and WhatsApp groups.

The best part about this is that it is self-sustaining, with a very basic investment.

Home Designer 

If you have the skillset that it takes to design a beautiful house, this is the business for you. It will be a challenge to get the first few clients, but it’s a smooth journey thereon.

You need to know all the aspects needed to design a house. The requirements are vivid and the work demands attention.

Your designing agency can also participate in various shows and campaigns to boost your sales!

Freelance Writing

If you have a way with words, then you can work as an online freelance writer. There are many publications which look for online content in the form of stories, descriptions of products and services, and reports.

Here again, the investment is quite small as you need a computer, and an Internet connection only to get started. There are many online sites where you can find work as a freelancer.

Freelance Writing

Gardening

Gardening is no more old-style taking care of gardens. Gardening and its scope have been diversified.

Many people choose to get their gardens designed by a professional. It is no different than architecture, it is just that you need to have knowledge of different plants and soil types along with the basics of gardening.

Although this profession is rare, good professionals are paid a very high amount.

If you are good at your job you can simply create your own garden designing company! You can be one of a kind in your field. 

Video Production 

There has been a stunning rise in the number of vloggers and YouTubers. Making vlogs is not an easy task and more than half of the efforts goes into editing.

Unfortunately, not everyone is good at editing.

Fortunately for you, if you are good at video editing and creation of advertisements etc, there is a whole new field of work waiting.

Start off by getting professional training, and then start a production agency of your own. Be professional and invest in good software and a few professionals. 

Travel Service

Having a travel service will attract a huge client base. It is up to you which group of individuals you want to cater to.

Although, having a travel service you are expected to plan anything right from one-day business trips to long family weekend trips.

Travel services are not limited to modes of transport and booking tickets. You may add to the package by suggesting the best places to stay and even make proper bookings.

You can even upgrade your work to providing tour packages to your clients. Travel service would require you to have a social circle and good contacts. Providing a good service is also essential because this profession can do wonders with a good recommendation.

Packing Services 

A lot of people do not want to indulge in the taxing work of packing the whole house up while shifting. They instead call a packing service and get the work done.

You need to invest some amount for paid workers and equipment. But this business has a good scope once it gets settled. You can even advertise your business through newspapers and advertisements. 

Handicraft Business 

Handicrafts are coming back in trend lately. Selling handmade handicraft products are attracting a lot of clients. People have become interested in using authentic and environment-friendly products.

The best part of this business idea is that you have a lot of options. You may sell almost anything in its authentic form. It can be a bedsheet, a pair of earrings, laptop sleeves, footwear, skincare, etc.

The list is ever-growing and depends on your imagination. The goal is to create products that stand out and are eye-catching. Make sure your products have good quality, a happy customer goes a long way here. 

In-Home Baby Daycare 

This business is suitable for people who prefer working from home. Convert your home into a child-friendly day-care and you are good to go.

For starters, you need to child-proof your home completely. The next task is to make sure your locality knows about this new opening. Thirdly, don’t load up on a lot of kids’ altogether. Take baby steps here, literally!

Once you are established you can hire more people to take care of more kids.

Juice Bar Business

If you are willing to do something completely out of the box, open up a juice bar. You need some investment and time to make this work.

You need money for all the equipment you will need in this bar. Secondly, you will need to learn to make good juices and smoothies.

Go for cooking classes and take it up a notch. When you settle down your juice station, make it themed and inviting. Make your work stand out in the market.

Tailoring 

Tailoring as a profession requires special skills. There are people who prefer tailored clothes to readymade ones. The business cannot be done single-handedly and will require you to hire people.

Additionally, once you impress a customer they are your permanent customer. So there is a lot of scope for stable customers in this profession. If you have what it takes to be a tailor, start working on it.

Bed and Breakfast

Bed and breakfast is a basic hotel inside a house. You can live in your own house and cook in your kitchen, but while doing so you can lend a room to people.

This business is quite helpful if all you want to have is some extra cash. The basic requirement is that you should have an extra place in your house.

This is a steady business and usually clients are easily available. 

Creating Custom Clothing

The internet provides many opportunities for people who can design and sew custom clothing for special occasions. Many people have made a profession out of creating custom birthday outfits for babies and kids and selling them online.

There are many popular eCommerce sites which allow you to sell your products through them, which means that you do not need your website for this purpose.

Apart from selling these specially designed clothes online, you can also market them in your local community.

Creating Custom Clothing

Legal Consultancy

If you are a law student or a professional lawyer you can undoubtedly go for this. Start your own legal consultancy by whichever means you find comfortable.

You can start a consultancy service through an app or even a page. It depends on what you want your work to be.

Online consultancy is more preferred due to its ease and scope. There is great money, just give the right advice to clients.

The best part is once you are established, there is some good scope for you to open a legal consultancy and advisory agency. As a lawyer, this will eventually bring you more cases. You can also conduct out of court settlements here!

Gift Basket Business 

Making gift baskets for different occasions is a very profitable business. You can create theme baskets for each special day and introduce them to people.

For a gift basket business, you will need to promote your work properly as this profession requires a good amount of investment.

In order to avoid future losses, you can even choose to take pre-orders and purchase the products. You can even send your baskets to social media influencers first and make your product famous on social media handles! 

Home Day Care

It is also possible to start in-home daycare services with minimal licensing and paperwork. If you love children and have some spare time and space at home, this is the right business to start.

Of course, you need to ensure the safety of the kids and provide them with sufficient things to keep them busy. For this, you may have to invest in some toys and activities along with keeping a lot of patience.

Home Day Care

Social Media Expert

Almost everyone uses social media in some way or the other. There is also the commercial side of this activity, as many companies are willing to pay if you help them manage their social media accounts.

This work can also be done part-time from home and to find such jobs you can start with contacting businesses which have a social media presence. There are also many sites which bring together such companies and social media experts, even from different parts of the world.

You can conduct some research online for more information on how to get started with this type of business.

Social Media Expert

Antique Refurbishment

If you love antiques, then this is the perfect business for you. You can buy worn out antiques, and invest some time and care to transform them into amazing items which people will be ready to pay for. You can easily buy such worn out antique online and even sell the finished items in the same manner.

Antique Refurbishment

Event Coordinator

Events like large parties and family reunions are loaded with a lot of work which people simply don’t want to tackle themselves. This is the perfect opportunity for you to step in and take on things like planning and coordination.

Of course, there is always the internet to market your services, and you can also work the local community for this purpose

Event Coordinator

Affiliate Marketing

Many businesses will pay you to promote their products and encourage sales. There are many affiliate marketing programs online and with a little research, you can find something lucrative.

Affiliate Marketing

Endnote

These are just some of the amazing small business ideas that you can start with. If you conduct some research online, then you will be able to find many more ideas. It is all a matter of looking for the one that suits you the most.

In today’s world, even if you have a job, a little extra income is always welcome, and you can generate substantial income with some small business ideas.

If you find the article helpful, don’t forget to share it.

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Disclosure: This post might contain affiliate links. This means we may make a small commission if you make a purchase.

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