Small Business News, Tips, Advice


Lots of investors look for the next big thing—the types of businesses that go viral. Craft a pitch for your business idea to present to investors. This is applicable for inventions—a patent prohibits anyone else from making, selling, or using your invention in their business for a period of time. The US landscaping market is expected to grow at a compound annual growth rate of 4.5% until 2025. There’s growing demand for residential outdoor landscape maintenance in younger households across the country. You’ll face a few leading landscaping companies like TruGreen, as well as smaller local service providers.

Funding Your Business

A book is just another type of product when you think about it. As such, you can create one to serve a particular demand in the market. There are a variety of print-on-demand platforms you can work with, many of which can be integrated with your Shopify store for seamless order fulfillment. However, be sure to always order a sample of your product to make sure your custom products look good. Beyond monetizing your best videos on YouTube, you can also build a business, here are 50 small businesses you can start on YouTube. Start your free 14-day trial of Shopify—no credit card required.

Online Store

As with any business, marketing is what unlocks your success. It’s not enough to know that there’s demand for your products—you need to figure out ways to reach the people that are most likely to buy them. You need to get the right visitors to discover your products. Ultimately, the best plan of attack for these new business ideas is to use a combination of your own Shopify site and third-party platforms.

There are at least three things you should keep in mind as you consider your options, no matter what business you decide to start. Like memberships, subscriptions are good business ideas to start because they create a recurring revenue stream. People have to proactively cancel their subscription if they don’t want to continue paying for it. Because so many people own cell phones now, there’s a huge market for phone accessories. And there are many different ways you can go with these accessories—print on demand, handmade, niche by product type, dropshipping, and more.

The key to making this a successful business idea is to offer the right products at the right location. Do your research to find high-trafficked areas and understand exactly who is walking by and what they might need at that moment. With a strategic approach, vending machines can be a profitable business idea with small investment. Apps likeMyOnlineFashionStore lets you import various styles into your Shopify store. A photographer, for example, can service a local event while selling prints online through their Instagram account. A freelance writer can sell a copywriting swipe file of high-converting sales copy.

Taking an audience-first approach to your small business idea means you’re playing the long game (it might be months until you’ve figured it out). But you don’t need millions of followers to do it—Instagrammer Kat Gaskin, for example, pulled off a $10,000 product launch with only 3,000 followers. Dropshipping is a low-investment way to test product-market fit and launch a business before you invest in your own original products. Just be sure to always order a sample for yourself to make sure your supplier is reliable and that the quality of the products is fit for selling to your customers. You can curate products from one or more suppliers into your own online store under a theme that focuses on a specific niche, like gear for yoga enthusiasts or water bowls for dog owners.

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