The best business to start in 2022: 20 best business ideas
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Abdul Wadood
Do you like working in a 9-5 job? Of course, no, right? I know how it feels to work in a 9-5 job. No time freedom, no location freedom, and many more….
For all those who are fed up with spending your life working for someone else, don’t worry. By reading this blog, you will get an idea of the best business to start in 2022.
In this blog, I have made a list of the 20 best business ideas for 2022 and beyond. Sounds interesting, right? Let’s get into it!
1. Virtual assistant (VA)
Every small business requires help running their daily administrative tasks. They might not have the financial ability to hire a full-time employee, and in this where virtual assistants come into play.
Virtual assistants perform a variety of tasks like making travel arrangements, paying bills, and even managing the finance of the company.
To be honest, being a virtual assistant is much simpler than working as a full-time employee in a company. Moreover, you can make more money by being a virtual assistant compared to working as an employee because you will have multiple clients.
The requirements to do the virtual assistant job are pretty less. A good internet connection, a computer, and a smartphone are the only primary requirements for doing the business. These things are owned by pretty much everyone nowadays, so they can’t be a barrier to starting the business.
The money you can make as a virtual assistant depends on your level of expertise and your overall experience. There are many virtual assistant jobs listed on Google or freelancing websites, and you can choose the one you like and fix your working hours and your hourly, daily, or monthly pay rate.
2. Courier service
Next on the list, we have courier business. I am pretty sure that most of the people reading this blog are familiar with the courier business. In simple terms, in the courier business, you deliver products to the customers.
To gain popularity in the courier business, you need to increase the speed of the delivery to the customer. This is also one of the businesses that can be started with an investment of less than $5,000.
You can start the business on your own, or you can hire some employees to deliver the products, depending on your budget.
If you have a budget of around $15,000, I strongly recommend you try getting contracts from major courier firms, because with this level of investment, you can manage the supply pretty well!
3. Travel planning
Travel planning is a great business to start, especially if you know the right people to target in the right holiday seasons.
You might think that people can plan their travel on their own. Yea, but only to some extent. Because there so many factors to consider while traveling, such as flight cost, car rental, hotel booking, tourist spots, etc., people find it to be overwhelming. This is when travel planning services come in handy to the people!
If you are able to provide the service for an affordable price, there is a high chance for you to succeed in the business. But, hard work, dedication, and patience is really important.
4. Construction business
If you want to become a billionaire in a short time, the construction business, a.k.a, real estate, suits you perfectly.
But, the downside is, this business requires a big investment to start. Moreover, you should also have some knowledge and experience in the real estate space.
If you are a complete beginner in real estate, I would suggest you to work under someone else who is doing construction business. It might sound sour, but I strongly recommend you do so because the real estate business requires huge investment, so it’s better to start the business with some knowledge gathered.
If you complete a few projects successfully, you will start receiving bigger projects from clients. This is when you can start seeing money flowing to your bank account, which will, in turn, gradually transform you into a billionaire construction tycoon.
If you are not willing to take risks by investing a huge sum of money, you can rent properties. This business involves lesser risk as compared to the construction business, and it can also be a good way to earn passive income. But, obviously, you can’t make big money similar to the construction business.
5. Blogging
There is no list of best businesses without mentioning online business, right! So, now we have a popular online business model, blogging.
Blogging is a kind of business that can be done from anywhere in the world. All you need to do the business is a laptop, smartphone, and an internet connection.
Do you know what is even more interesting?!
Blogging can be started with an investment of less than $25. Yea, you heard me right! All you need to start the business is a website. For creating a website, you need to have a domain name and hosting. HostGator has a hosting plan for $2.75/month, which is more than sufficient to start a blogging website. Also, they will provide you a free domain name for a year if you opt for yearly plans.
6. SEO consulting
SEO (Search Engine Optimization) consulting can be a great business to start in 2022, if you have SEO knowledge.
Many small business owners are in need of SEO consultants to market their products digitally. You can make use of this opportunity to make big bucks from them!
SEO can take time and hard work to master, but the effort is worth it! With SEO skills, you can start your own business, be a freelancer, be an SEO consultant, be a professional blogger, or writer. So, as per me, SEO is a skill that one must have if he wants to succeed in the online space!
If you are interested in learning about SEO, you can watch the videos that are available online for free! If you want to learn quicker, you can enroll in paid courses. Keep in mind, the money you are spending here is an investment!
7. Affiliate marketing
Affiliate marketing is an online business model through which there is a potential to make lots of money. The business can be started with an investment of less than $50. A laptop and an internet connection are the only primary requirements to start the business!
You will need a website and an email marketing service to do the business. Website, from HostGator, will cost less than $5/month, and email marketing service from Getresponse costs $15/month. So, this proves that affiliate marketing can be started with a very low investment.
Affiliate marketing offers time freedom, location freedom, and financial freedom, which none of the big businesses in this list can offer. Very few businesses offer all these three freedom, and affiliate marketing is one among them.
Affiliate marketing offers time freedom because the business can be done at any time you wish. It’s not like a 9-5 job where your boss will shout at you if you don’t complete a task within the given time.
Affiliate marketing offers location freedom because you can do the business from anywhere. You can do the business while traveling, camping, etc. All you need to do the business is a laptop and an internet connection.
Affiliate marketing offers financial freedom because of the potential to make a huge amount of money from it. Moreover, the money can be made passively. Awesome, right!! Professional affiliate marketers make thousands of dollars per day.
8. E-commerce
E-commerce is an excellent business to start online, and pretty much everyone is aware of the huge amount of money that can be made from it.
An E-commerce business can be started with a low investment, and there aren’t many requirements to start the business.
Below I have listed the primary requirements to start and successfully run an e-commerce business:
1. You should have a website to sell the products
Website can be created easily using platforms like Woocommerce or Shopify.
2. You should make sure to buy good quality products
You can find good quality suppliers in places like Alibaba. Once you find a good supplier to deal with, order a sample product from him to check the quality. If you are satisfied with the quality, then you can negotiate the price, buy the products in bulk, and ask the supplier to ship the products to the warehouse.
3. You should hold products in stock
At the initial stage, you can hold a few products in stock to find out the performance of the product. If you feel that it is performing well, you can buy products in large quantities from the supplier. This technique will help you avoid being bankrupt if the product doesn’t perform well.
4. You should make sure to have a fast and reliable fulfillment service
Nowadays, big companies like Amazon and Walmart are providing super-fast delivery to their customer. To compete with them, you should also have a fast fulfillment. There are many good fulfillment services like ShipBob, etc. Services like ShipBob, stock your products and also fulfill it to customers. Moreover, they are affordable too! They charge around $40/month to store the products. The price might increase or decrease depending on product quantity.
5. You should be patient to see the results
Some people think that after starting an e-commerce business, money rain will start. No, that isn’t the case! E-commerce, like other businesses, requires you to work hard, be dedicated, and be patient.
I hope you have clearly understood about e-commerce business model.
9. Amazon FBA
Amazon FBA is a type of e-commerce business that can be extremely profitable. FBA stands for ‘Fulfillment by Amazon’.
For becoming successful in Amazon FBA, you should know what products to sell when. You can order the product in bulk from suppliers like Alibaba and ask them to ship it to Amazon’s warehouse, or you can ship it on your own.
Amazon has a strong customer base, and people trust the products that Amazon sells. Also, they use an excellent marketing strategy. You can make use of these benefits to sell your products on Amazon.
10. Phone case business
Do you want to protect and make your phone look attractive? Who doesn’t?!
Phone case business can be an excellent business to start in this era because of the increasing number of smartphone users every day. There are almost 3 billion, or maybe even more, smartphone users in the world, and almost everyone is worried about the protection of their smartphones.
Now you might wonder from where should the cases be bought?
Great question! You can buy attractive and trendy cases in bulk from wholesalers, and you sell them by adding a good profit on either online or offline.
I would highly suggest selling online because by doing so, you can reach more people. You can sell the smartphone cases on your e-commerce store, or you can sell them on places like Amazon or eBay.
If you don’t have the skills to sell the smartphone cases online, then selling them to individual mobile shop owners can be a good option!
11. Develop apps
As you guys might know, nowadays, many apps are being downloaded, so creating an app can be a viable option to make money online. Creating an app requires lots of effort and knowledge, but it’s a one time job, and the effort is worth it! The money you make from the app is passive.
If you aren’t familiar with coding, don’t worry! You can hire a person to create an app for you.
I recommend making the app paid because if it’s a free one, then you need to earn through the ads that will display in your app. You don’t have control over the ads that will display in your app, and you may also become a reason for promoting the wrong product to someone. Moreover, people don’t like ads to be displayed in the app they use.
So, to overcome these issues, charge people a reasonable amount of money when installing the app. You might think people won’t pay for the app, but keep in mind, quality speaks! If your app is of good quality, and it solves people’s problems, surely they won’t hesitate to spend a small amount of money to buy the app.
12. Tuition center
Tuition center can be an excellent business to start if you are an expert in a particular topic. Tuition center involves less investment, all you need is a room with some furniture.
You can also teach in your house, provided there aren’t disturbances for the students.
If you are familiar with teaching, then I suggest you to teach on your own. If otherwise, you can hire some teachers to teach the students. Fresh graduates with a year or two experience in teaching are the people I recommend hiring for a tuition center.
13. Freelancing
Freelancing is an online business that can be a good option for people wanting to start a stress-free business in their spare time. Some people do freelancing full-time also, but those are rare!
It’s pretty easy to become a freelancer. All you need to do is sign up to websites like Upwork, Fiverr, etc. Provide them the information they ask about you. If people are interested in what you have to offer, then they will hire you to do the job. This is how freelancing works!
The amount of money that can be made from freelancing depends on your expertise and experience level. But to be honest, you shouldn’t expect to make big bucks from freelancing. Sure, some people do, but they are pretty rare!
14. Social media consultant
Social media consultation is an excellent business to start in this digital era. Many small business owners are in need of a consultant to market their products online. As an entrepreneur, you should make use of this wonderful opportunity to become rich!
I would like to give you guys some tips to become successful as a social media consultant.
At the initial stage, you won’t be popular, so to make yourself a popular consultant, try providing high-quality services to clients for free. This might not sound good, but it will work well in the long term!
After two or three months of free services, you can start charging clients a minimal amount. As your popularity rises in the market, start increasing your rate, and you will see money flowing to your bank!
15. Consultant
Consultants make a lot of money!
If you are an expert in a particular niche, you can become a consultant in that niche. As a consultant, you should apply the knowledge, skills, and experience you have to help clients solve their problem they face in a particular topic.
The business that I mentioned previously in the list, social media consultant, is also related to the consulting business, but it operates in the social media advertising niche. I hope you are clear with the consultant concept!
16. Custom car shop
Starting a custom car shop can be a great business, if you have good creativity and also have good knowledge about cars. To become successful in this business, you should offer something different from your competitors.
I recommend starting a custom car shop in an area where the competitors are few, more importantly, people in that area should be interested in cars. So, location matters a lot for the custom car shop business!
If you start the custom car shop in an area where people consider cars as a thing to move them from point A to point B, I’m sorry to say, you have made a blunder mistake!
17. Custom furniture supplier
Nowadays, people are ready to spend thousands of dollars to make their house look attractive. Furniture plays a major role in determining the attractiveness of a house.
If you have good creative skills, you can make use of this wonderful opportunity to make money!
Alongside, workers are a must for this business. Building furniture takes time, and it is nearly impossible to do the business as a single man. So, this isn’t a business that can be started with a low investment.
You should also have some furniture in stock, at least the furniture that are popular, because you may sometimes get big orders so it won’t be possible for you to build the furniture at that time from scratch.
You should start this business only if you can spend at least $30,000 without hesitation.
18. Digital marketing
Digital marketing is a vast business model, and many online businesses come under that category. Digital marketing refers to marketing through blogs, affiliate marketing, social media, email, apps, etc.
If you are a complete beginner to online business, then starting a digital marketing business won’t be a viable option. But, if you are already an expert in businesses related to SEO, affiliate marketing, etc., then digital marketing is a piece of cake for you.
Some of the primary requirements to start a digital marketing website include a laptop, smartphone, internet connection, website, and good marketing skills. The requirements to start the business proves that digital marketing can be started with a low investment.
If you do digital marketing correctly, you can also become a multi-millionaire!
19. Drive an Uber
Sure, this business model isn’t as profitable compared to other businesses in this list. But, it can be a good business to do in your spare time. Also, the business can be quite fun!
All you need for this business is an eligible car and driving skill. Before starting the business, be sure to factor in costs like vehicle depreciation and gas to know your actual profit.
20. Digital courses
Digital courses can be a great way to make money online. There are two forms of digital courses, live course and recorded course. Usually, live courses are much expensive compared to recorded courses, but they sell well.
If you are creating a recorded course, it requires hard work, and it takes time, but it’s a one time job. The effort you put in is worth it, and the money you make through the course is passive.
If your course is up-to-date, affordable, and if you use good advertising strategies, you can make lots of money through it. Like many businesses in this list, digital courses also can be started with a low investment.
Conclusion
If you are the kind of person who has many commitments, then quitting your job isn’t the right option. I suggest you save some money that can suffice your expenses for at least six months, aside from the investment that is required to start the business.
But, if you are a young person without so many commitments, then I strongly recommend you to go ahead and start a business without delay. At a younger age, your body will be more active, and you will also have lots of time to develop your business.
I wish All the Best to my budding entrepreneurs!
