It’s easy to think up a business idea that’s already common in the marketplace, but coming up with a unique business idea takes courage and patience. Ask yourself which innovative business ideas are missing from your own life. What is an issue that’s affecting you or your loved ones?
Once you have identified a problem and created a solution for it, your idea could help a large audience, meet a large demand and lead to a successful business. You’ve got to spend money to make money. But that doesn’t mean you have to risk all your life savings to get a small business off the ground. Here’s a roundup of small business ideas that could turn you a high profit with a small investment.
CLEAN UP JOBS
It’s no surprise that after a night of drinking, most people don’t want to clean their home. That’s where hangover helpers comes in. This company not only takes care of your post-party chaos, they also provide breakfast (with your choice of “grease” or “green”) to ensure you’re feeling your best – without the added mess.
As innovative business ideas go, this seemingly niche service is in high demand among all regions and demographics, and it only requires straightforward skills – cooking, cleaning – of its workers.
Love being around kids? Fancy making a living caring for them? You could start offering child-minding services from the comfort of your own home.
HOME MADE KITS
For those who can’t get to the grocery store or who struggle with preparing fresh, healthy meals that taste good too, turn your kitchen prowess and passion into a passive income source that gives back to the community. Several meal kit brands, such as Blue Apron and Hello fresh have long offered similar services via online subscription models, but your unique business idea can help you forge lasting bonds with people in your area.
Do you ever find yourself wishing you could go back to school, or maybe even teach a course in a subject you’re skilled in? Skillshare, founded in 2011, makes both of these things possible.
The company allows experts to teach online courses on a subject they choose via short videos while students can watch classes at their own pace and use the community to get feedback. Students can take classes offline via smartphones and tablets if they’d like to learn on the go. Unlike college or graduate school, with their high tuition rates, Skillshare costs $99 per year. Half of that fee goes to pay the company’s teachers, so if you’re an expert in something, it’s a great way to make some extra money. And if you’re looking to learn new skills or just brush up on old talents you can use to earn a passive side income, Skillshare allows you to do so right from home. Skillshare also gives back: According to the company’s website, for every annual membership purchased, Skillshare donates a membership to a student through the company’s scholarship program.