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July 12, 2021Small Business Ideas That Are Surprisingly Easy To Start
If you’re looking to start your own business but can’t think of what you want to do, look at these small business ideas that are easy to get started
At NuvoDesk, we cater to entrepreneurs. We know that starting a business can be exciting and stressful. We’ve compiled a few small business ideas that are easy to start and have low overhead and risk. These are some of the businesses that flourish in our facility: The beginners, the boot-strappers, and the innovative thinkers.
Small Business Ideas
Create Digital Products or Courses
You can create digital products like music, courses, videos, and templates where there aren’t recurring manufacturing or shipping costs to worry about. Therefore, your margins will be high, making it the best business to start.
Just ask yourself, “What is useful enough that people are willing to pay to download it?”
You could provide informational videos, teach a subject, compose your own music, or create downloadable templates.
NuvoDesk has a media production room that provides equipment perfect for podcasts, photography, and videos. Take advantage of:
- Green Screen Wall
- Lights
- More
Sell Print-on-Demand Posters, Greeting Cards, and Prints
If you’re artistically inclined or know your way around a camera, you can dropship using a print-on-demand business model.
You can turn your work into products such as posters or framed wall art, and even greeting cards. There are plenty of digital templates and mockup generators like Placeit that you can use to showcase your products without having to print out each item and conduct your own photoshoots.
Etsy is also a great place to sell your downloads or take orders for shipping. Use a local printing company to print larger items to be shipped.
NuvoDesk can provide a scanner for many needs you may have, a physical address for your business, and high-speed internet to do your work.
Other Ideas
Other business ideas that will flourish at NuvoDesk with little overhead and start-up costs:
- Digital Marketing Agency: Offering services like SEO, social media marketing, and content creation. Coworking spaces provide an ideal environment for such digital-based businesses.
- Web Development and Design: Building websites for clients can be done effectively in a coworking space, with opportunities for collaboration and networking.
- Graphic Design Services: Providing design services for businesses, from branding materials to digital graphics.
- Consulting Services: Specializing in areas like business development, finance, HR, or IT. Consulting businesses can benefit from the professional setting and networking opportunities in coworking spaces.
- Content Creation and Copywriting: Crafting written content for websites, blogs, marketing materials, and more. This type of work requires minimal equipment and benefits from the collaborative atmosphere of coworking spaces.
- App Development: Designing and developing mobile applications for various clients or for personal ventures.
- Online Education and E-Learning: Creating and selling online courses or providing tutoring services. Coworking spaces can offer quiet areas for recording and opportunities for collaboration.
- Legal or Financial Advisory Services: If you have expertise in legal or financial matters, offering advisory services can be ideal in a coworking space.
- Public Relations Agency: Managing public relations for clients, including press releases, event planning, and media outreach.
- Freelance Photography or Videography: If a coworking space offers amenities like a media room or equipment rentals, it can be a great base for photographers and videographers.
- Event Planning Services: Using the coworking space as an operational base for planning and coordinating events.
- Podcasting: Utilizing podcasting equipment provided by some coworking spaces to produce and edit audio content.
These businesses are generally low on inventory requirements, benefit from a professional work environment, and can take advantage of the networking opportunities that coworking spaces like NuvoDesk offer.
Market Research Essentials for Validating Small Business Ideas
Conducting thorough market research is a crucial first step for any startup.
Firstly, identify your target audience to understand their needs and preferences. Analyze your competitors to gain insights into their strengths and weaknesses. This will help you find a unique angle for your business. Additionally, evaluating market demand ensures your idea meets a real need. Utilize online surveys, social media polls, and competitor analysis tools to gather data. This research lays a solid foundation for your business, aligning it with market realities and increasing the likelihood of success.
Essential Elements in Startup Business Planning
Creating a solid business plan is crucial for any startup. This plan should include clear, realistic goals and a comprehensive strategy for achieving them. Essential components of an effective business plan encompass an executive summary, market analysis, company description, organization structure, marketing strategies, and financial projections. It’s vital to outline your vision, target market, unique selling proposition, and competitive analysis. Additionally, setting achievable milestones and a growth roadmap will guide your business journey. By meticulously planning each step, you lay a foundation for sustained growth and success.
Business Ideas for Budding Entrepreneurs
At NuvoDesk, we’re committed to fostering a supportive environment for our entrepreneurs, ensuring they have all the necessary services to thrive in their new ventures. It’s more than just a workspace; it’s a community where inspiration and collaboration intersect, paving the way for success. These business ideas represent just the tip of the iceberg in terms of possibilities. Whether you’re a digital marketer, a freelance graphic designer, or exploring other innovative paths, our coworking space is designed to nurture your entrepreneurial spirit. Embrace the opportunity to embark on a journey doing something you’re passionate about, with NuvoDesk as your supportive partner every step of the way.