Best Small Business Ideas for 2024 – Low Cost Businesses

Roshan Bilung
42 Min Read
Small Business Ideas for 2024

In 2024, you don’t need a big investment or a typical shop to start a business. Today, there are many Small Business Ideas for 2024 and business opportunities that depend on imagination and hard work rather than just money.

If you came to this page looking for creative, low-cost ways to start your own business, you’re in the right place. Today’s entrepreneurs need to be both creative and determined in order to turn their ideas into businesses that make money.

This carefully chosen list shows 33 small business ideas that are perfect for today’s business owner. These ideas promise not only an easy way to get started but also the chance to make a lot of money. Let’s look at the options that can help you turn your dreams into successful businesses in 2024, whether you’re looking for a business that fits your interests or one that gives you the best of both worlds: fun and money.

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Here are some Small Business Ideas for 2024 that can help you Make Money

1. Dropshipping

Have you thought about selling things online but don’t have the cash to store and stock them? You might want to use a drop shipper! When you use dropshipping as an e-commerce business plan, you don’t have to manage or store any products.

The only things you need to do are start an online business and work with different providers. These providers will be in charge of storing, packing, and transporting customer orders to their correct locations. Also, you don’t have to do a lot of research on the product.

You can sell both specialized and general things in your store as long as they come from a reliable source. Customers will have a bad opinion of your business if the things aren’t of good quality or if they arrive late.

You can also choose goods based on a theme that will appeal to your target market. For example, you could sell sapphire rings to people who like jewelry or car floor mats to people who own cars.

You can learn more about dropshipping by taking the course that Shopify offers. The information tells you what tools and supplies you’ll need to carry out this small business idea.

Also Read: Best Business Ideas 2024

2. Printing on Demand

If you’re looking for profitable business ideas on the internet, you should definitely think about print on demand, which is also known as POD.

You are in charge of designing things like phone cases, mugs, and t-shirts when you use the POD plan. The catch is that the papers will not be printed by you. This is where all of your providers come in. They’ll print, package, and ship it, and you won’t have to pay anything because they won’t charge you until they sell something.

Personalization of order is what POD is all about. The everyday things we use are turned into blank paintings. They feel alive and in motion because of your ideas. Making t-shirts for tech-loving people? Make designs with clever code jokes in them. Making mugs for cat lovers? Think of pictures that look like cartoons.

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Are you ready to start your POD journey? Your first step should be to make a Shopify shop and add a print-on-demand app like Printify to it. You might want to work with Instagram influencers so that they can tell their huge followings about your POD goods. The marketing you do will get a big rise from this.

2. Translation

It is always good to hire people who can speak more than one language. If you can speak more than one language well, you should really think about starting a small business that uses your language skills.

If you want to start building your resume, you could look for clients on websites like Upwork and Flexjobs. If your business clients and the number of businesses you work with both grow, you might want to think about adding more translators who are fluent in other languages to your team. Use a lot of different social media sites to promote your business so that you can get more people.

Have a small amount of free time every day? Don’t stress out. Translation is a successful side job that stands out. It gives you the freedom to change the hours you work for clients to fit your own schedule.

Website Reseller

Flipping websites is becoming more and more popular, especially among people who just graduated from college and work from home. The plan is easy: buy an existing website, make changes to its style and content, and then sell it for a profit.

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Platforms like Flippa make it possible by offering a large number of e-commerce sites that are ready to be improved. You can make the website much more valuable by spending money on making the content better and using good SEO techniques.

The best part is that you can relist the website whenever the money it brings in starts to beat what you put into it in the first place. There is a great chance for a business to be profitable in this loop of buying, growing, and selling.

Catering done from one’s own home

If you have a talent in the kitchen and see it as a way to express your creativity, starting your own catering company out of your house could be a rewarding endeavor for you to pursue.

The amount that you invest initially will vary. For instance, you might be able to keep costs down by concentrating on less significant events that you can organize on your own.

To get things rolling, the majority of home-based caterers start by creating a website, becoming active in nearby food markets, or joining online communities that offer opportunities for chefs to make money using their expertise.

Professional Dog Walker

It is not always easy to keep up with a furry friend, especially high-energy breeds that are confined indoors and have no access to the outdoors. As a professional dog walker, you will be assisting local dog owners in maintaining the happiness, physical health, and mental stimulation of their canine companions.

There are no start-up costs associated with dog walking; all that is required is marketing and some form of liability insurance. This will shield you from liability in the event of an accident, a bite, or an unforeseen legal action. It is a good idea to offer charges that match the costs of your insurance, with the average range being between $30 and $60 an hour for your services.

You may make a name for yourself in the dog walking industry by creating a profile for your company on a variety of websites, such as Wag!, Rover, and all come to mind. You may develop a favorable reputation by soliciting recommendations from former customers and offering discounts to prospective customers. This can also help you bring in more business.

Personal Digital Assistant

Offering services as a virtual assistant has proven to be one of the most lucrative company concepts. Every type of company, from multi-million-dollar corporations to one-person shops, needs assistance with the operational management of their company. You are able to relieve some of the strain that they are carrying by making use of your superior organizational talents.

You will, of course, be compensated for the time and effort that you invest in tasks such as responding to emails, organizing meetings, and carrying out other administrative responsibilities.

Responding to job postings on websites such as FreeUp, PeoplePerHour, or Virtual Assistant Jobs will help you gain your first few clients. Because there is a constant demand for capable virtual assistants, this is a tried-and-true method of conducting business.

Also Read: Small Business Ideas 2024

Shopping for one’s own use

Do you have a flair for recognizing emerging trends in the world of fashion? If members in your social circle frequently seek your opinion on what to wear, you might want to think about launching a career in the personal shopping industry.

Clients who lack the time or want to shop themselves might hire personal shoppers to select clothing for them. This comprises evaluating the client’s existing wardrobe, searching through a variety of online boutiques, and selecting things that are tailored to the client’s personal aesthetic. Due to the vast selection of goods offered by online retailers, it is no longer necessary to make all of your purchases in person.

In addition to this, becoming a personal shopper does not necessitate having any kind of formal training or education in the field. Personal shopping is an excellent option to consider if you are interested in starting a business with a little capital outlay.

Detailing a vehicle

Car detailing is one of those activities that, contrary to popular thought, may be developed into a successful side company. Your customers will normally pay between $50 and $400 for each vehicle, which means that if you maintain a steady client base, you have the potential to make a sizeable profit.

Your approach to marketing is what will ultimately determine how successful you are in the business of automobile detailing. To advertise your services, you should establish a website or use the various social media platforms available, and you should always ask satisfied customers to offer feedback. To encourage new clients, you might want to think about providing them with special promotions or discounts when they first sign up.

The only things you’ll need to get started are some cleaning materials and a driveway. If you want to step up your game, you might consider getting certified by the IDA or attending a craftsmanship conference. Both of these options will help you improve your skills.

Tutoring Available Online

Consider starting your own online tutoring company if you are exceptionally skilled in a certain field, such as art, mathematics, or another field. In most cases, getting a bachelor’s degree in the field that you want to teach in is required.

Websites such as Skooli and offer an excellent opportunity to interact with kids who require academic assistance. It is to your advantage to teach subjects that you are informed about and enthusiastic about, as this increases the likelihood that you will deliver genuine value to your students.

The facilitation of online meetings is also made more simpler by the existence of applications such as Zoom. Not only does it allow you to capitalize on your knowledge and experience, but it also stands out as one of the more manageable and straightforward small businesses to launch.

Cards of Good Wishes

Greeting cards will likely never go out of vogue. Consequently, if you have a good eye for design or simply adore displaying your artwork on tangible products, you should think about designing greeting cards to sell online if you want to capitalize on this opportunity.

You need to have a few designs completed and ready to go before you start looking for customers to hire you. Tools like as Photoshop and Canva make it simple to design and produce unique greeting card layouts. In addition to this, you will need to stock up on the materials (ink, paper, etc.) that are essential for the creation of greeting cards.

Consider purchasing your goods in bulk if you want to maintain a budget that is kind to your wallet. After you have the inventory, you can begin to generate cash by marketing your business on Facebook, Etsy, and other similar platforms. You may also market your business on other websites that are comparable.

The Creation of Content

Almost every business that has an online presence will want assistance in developing content for product sites, blogs, and other online venues.

As a result of this, beginning a content writing or copywriting firm could be one of the most lucrative business ideas for you to pursue., Problogger, and BloggingPro are three examples of popular websites that can be used to find your first few customers.

In addition, you may increase the amount of exposure that your company receives by becoming a member of content writing groups on Facebook. Consider include keyword optimization and/or custom visuals as part of your service offerings if you want to leave a positive impression on customers.

Also Read: New Business Ideas 2024

Products Prepared at Home

Consider beginning a business selling handcrafted crafts if you are skilled at activities such as shaping soap bars, making beverages or baking speciality products. It’s much more than just an outlet for creative energy. As word of mouth continues to grow, there is a great possibility for expansion.

Agricultural goods, beauty products such as cosmetics and soaps, and jewelry are some of the most lucrative items that can be handcrafted at home. Raw materials and labor put together can result in a profitable venture, as the majority of proprietors of businesses operating in this sector will attest to for you.

Just getting started? You might want to think about selling your one-of-a-kind products at the nearby farmers market. Additionally, excellent shop prospects can be found on platforms such as Etsy and iCraft. Put a unique spin on your items so that they stand out from the competition. Think along the lines of bath bombs with dessert themes or clothing pieces inspired by pop culture.

Assistance with WordPress

WordPress is used to host a significant number of websites across the internet, and practically every owner of a WordPress website wants support of some kind. Therefore, there will be multiple options for you to generate money using this platform, provided that you are knowledgeable with its ins and outs.

Clients may get in touch with you to have you fix their CSS, locate and close security loopholes, and perform other related tasks. Even if websites like PeoplePerHour and Upwork allow you to find clients, we recommend that you build a website of your own and list your services on that website rather than using those platforms. You will be able to avoid paying excessive commissions this manner while simultaneously establishing high-quality relationships with your customers.

In the year 2024, one of the most promising opportunities for new businesses is the provision of support for WordPress.

Coaching for a career

Because of increased unemployment and an oversaturated labor market, there is no shortage of people who require assistance in their search for employment. If you have a knack for assisting your friends and relatives in finding work that suits them, you undoubtedly have the ability to assist others as well.

You could want to think about beginning a career coaching business in which you assist individuals in determining what the best career path is for them, how to ace an interview, what qualities make a good applicant, and other such topics. You could search for clients in Facebook groups or on websites such as

The fact that all it takes to turn a profit in this line of work is to hold four or five one-hour sessions every single week is the venture’s most appealing feature. In addition to this, you can provide coaching for many clients within a single session. It’s possible that career coaching is the best path for you to take if you’re seeking for profitable business opportunities that won’t take up too much of your time.

Marketing via email

Do you find that you have difficulty writing emails? Have you cracked the code for writing subject lines that get people to click on your links despite their better judgment? In that case, you might consider venturing out on your own and starting an email marketing firm as a way to generate income.

You can identify businesses that require assistance with their email strategy by using sites such as PeoplePerHour and Upwork, as well as by engaging in cold outreach to potential clients. Clients will realize the value in the services you provide once you demonstrate your competence in engaging recipients, and many of them will likely agree to the pricing that you quote them. If you can assist them build their email list, you will earn major brownie points.

Among the costs associated with starting a business is the investment in email marketing tools, which will automate many of the duties you currently perform.

Cleaning Services on contract

Regular cleaning isn’t something that’s possible for everyone because it requires time and effort. You will be able to assist homeowners and business owners with scrubbing, dusting, vacuuming, and other tasks if you become a professional cleaner. In addition, you will be able to experience greater flexibility in your working hours as a result of the consistent need for cleaning services.

The expenditures associated with beginning a residential cleaning service are really minimal. The majority of cleaning tools and materials may be purchased for less than one hundred dollars; however, you should also think about making an investment in specialized equipment such as steam vacuums or carpet cleaners. Creating a presence on social media or a website can be an efficient and inexpensive approach to promote your business and its offerings.

The requirements of your customers will directly influence the prices you set for your services. Although the majority of cleaners charge by the hour, some may have additional fees for specialized activities (such as organizing, deep cleaning, etc.). Remember to register as a limited liability company and finish all of the relevant paperwork.

Also Read: 101 Home Based Business Ideas for 2024

Take-away meals

People who have trouble finding the time to prepare fresh and healthful meals for themselves are driving up demand for meal delivery services. Because of this trend, you now have a fantastic opportunity to launch your very own meals-to-go business in your immediate area.

It is a common misconception that one must make significant financial investments in order to acquire a large commercial kitchen. A firm that prepares meals to go may benefit from the use of an efficient shared rental kitchen. These rooms are available for rent by the month, day, or hour, and are stocked with all of the needed amenities. On websites such as The Kitchen Door, you can search for licensed commissary kitchens that are available for shared use.

Do you take great pleasure in tending a garden and working in the garden? If you want to turn your pastime into a profitable business, you might find that opening a landscaping company is the best way to do so. The term “landscaping services” refers to a wide range of activities, including mowing lawns, planting flowers and shrubs, and maintaining overall landscape appearance. It is possible that the demand for these services will change seasonally in your region depending on the weather.

Determine the aspects of your business that you are particularly good at and focus on serving those customers. Keep a portfolio that is always up to date and showcases your best work. If you offer specialized services like as fertilization or pest control, you should be sure to highlight them in a prominent way throughout all of your social media platforms.

To get your foot in the door with some of your first customers, you may try going door to door in your neighborhood or using online resources like TaskEasy. Websites such as HomeAdvisor are able to connect you with prospective customers in your area as another option.

Examination of a website

Did you know that many online companies hire actual people to provide feedback on their websites? These external perspectives assist them in identifying and fixing problems that their internal developers may have missed when designing the product. Utilizing this demand to your advantage can be accomplished by putting together a group of independent contractors and starting your own website testing company.

Your team will be given a list of questions to answer as they traverse the website of a customer for each project that you take on. These questions will serve as a guide. After that, they would provide video comments regarding their thoughts on the user experience provided by the website as well as suggested areas for enhancement.

Websites such as UserTesting, Ferpection, and TryMyUI all offer the opportunity to find job online.

SEO – Search Engine Optimization

Do you have previous experience in increasing the search engine visibility of a website and establishing backlinks to that page? If the answer is yes, then there is a chance for you to capitalize on the skills that you possess.

Since website proprietors all over the world are in need of the services of SEO professionals, deciding to launch a company in this industry could prove to be one of the best decisions you ever make. To increase your client base, focus on a certain subset of the population, make use of your previous experiences, and emphasize your achievements.

In 2024, one of the finest business ideas to make money is to sell search engine optimization (SEO) services, which can command monthly retainers of between $500 and $1,000.

Also Read: 10 Easy Ways to Make Money Fast 2024

The development of Apps

Because there are so many businesses that need apps, app creation is one of the most promising and profitable concepts for a small business. Not to mention that, thanks to the proliferation of tools and more cost-effective developers, the initial investment required to launch this business has significantly decreased.

Before you decide to publish the app, you may make wireframes and mockups with software like OmniGraffle or Sketch. These programs provide you the ability to quickly and easily develop prototypes. You also have the option of using the freelancing platform Upwork to find an app developer.

In addition to this, the production of apps for the general public presents the possibility of earning a passive income. Developing a monetization strategy that can bring in regular money is obviously a must for doing that, though. Strategies such as giving in-app purchases and charging users for a premium version of your software both have the potential to generate profits.

Digital exercise space for dancing

The benefits of using a virtual dance studio are quite self-explanatory: you save money by not having to hire out a large area, and it is much simpler to film, publish, and share choreography according to your own whims and preferences. It is also possible to teach dancing courses from home, which is why this is one of the most promising ideas for a home-based business.

You will need to make an investment in video conferencing software such as Zoom if you want to launch a web-based dancing school. You will also need access to a high-speed internet connection in order to watch the livestream without experiencing any lag or buffering issues. Be sure to schedule a sufficient number of courses each month so that your pupils can acquire their routines in a short amount of time.

If you have a passion for developing your own original choreography, you may also discover opportunities to work with dance schools to provide their students access to your content on a membership basis. If this seems like something that interests you, keep an eye out for these kinds of opportunities.

Pictures taken from a stock library

You can start a career as a stock photographer by creating a single proprietorship under your own name and demonstrating that you have the capacity to take amazing candid moments or that you have recently completed a portrait shoot of a relative.

Companies such as Shutterstock and Adobe Stock, along with many more like them, accept image submissions at any time. You can get started with listing some of your previous photographs on one or more of these platforms. After you have uploaded your images, you will need to wait for other users to download them.

The majority of websites that sell stock photos will pay you a royalty for each download made on their platform. Launching your own photography website and selling your work directly to customers is yet another choice; however, this strategy will only be successful if you have the financial means to invest in advertising.

Advisory Services for Instagram

Consider launching an Instagram consulting firm if you are familiar with the strategies that drive interaction on Instagram. Clients will pay you for a variety of services, like writing captions that are engaging, replying to comments, producing profiles that are beautiful, and more.

These services can be turned into a revenue stream by charging a predetermined charge either per hour or per project. Because everything can be done from a computer, tablet, or smartphone, this is the kind of company strategy that is great for digital nomads.

Learn how to create fantastic Instagram ads that inspire engagement and generate transactions if you want to become a sought-after Instagram consultant. Marketing your services on platforms like as Upwork and other social media channels is a great way to get your consulting firm off the ground and running.

Also Read: How to Make Money With Canva 2024

The creation of videos

Statistics gathered from the field of video marketing indicate that the number of people watching digital videos in the United States alone has already reached 244.4 million. People who are able to record, edit, and publish videos are in high demand in this day and age, since the number of people watching videos is more than it has ever been. Consequently, launching your own video production company could prove to be a fruitful line of business for you to pursue.

A fundamental lighting set, wireless mics, one to two cameras (and lenses), and editing software like Adobe Premiere or Final Cut Pro are included in the first expenditures required for this business endeavor. To reduce the overall cost of getting started in business, you might want to look into purchasing used machinery.

You might oversee the videography for weddings and graduations, as well as other types of events, and offer to make video material for organizations’ YouTube channels. Although there are no limitations on the kinds of tasks you can take on, choosing to specialize in a certain field makes it much simpler to differentiate yourself in a crowded industry.

Instruction in softwar

Is there anyone in your sphere of influence who has trouble using computer software? If this is the case, launching a software education business could result in significant financial gain.

Your pupils could range from solopreneurs working to improve their IT skills to business owners of smaller companies looking to improve their proficiency with applications like Excel and PowerPoint. Because you are the key expert, the majority of the training sessions can be led by you.

As enrollment increases, you might want to think about bringing on independent software specialists to address particular areas. Although hiring a physical location for lessons is a possibility, considering offering them online instead may help you cut costs and increase enrollment.

Getting ready for college

The market for advising high school students on how to improve their chances of being accepted to college is booming. According to IBISWorld’s research, the market size of the testing and educational support sector was a stunning $17.9 billion in the previous year.

Begin your endeavor by deciding on a particular facet of college preparation, such as ACT tutoring or entrance essay coaching, and build from there. After you have determined your target market, you should establish your company and begin to reach out to students.

Specialized Employment Agency

Employers in virtually every sector are looking to fill open positions with qualified candidates, as competition for jobs is fierce. As a specialized employment service, it is your responsibility to match prospective employees with companies in the industry of your choosing.

Determine the level of the jobs that you will be filling (junior, mid-level, or C-level?) in order to be able to find the appropriate people for the position. In addition, it is important to think about the employment terms that your agency will discuss with prospective applicants.

Depending on the requirements of the market, your staffing agency can operate as either a temporary, temporary-to-permanent, or long-term one.

30. Event planning with technology

Launching a digital event planning firm is one of the most promising concepts for new small businesses. For the various clients of this company, you will be responsible for the planning, organization, and reporting of digital events such as webinars and online summits.

You can bring in some cash by providing a service for an hourly rate, selling sponsorships, and other such activities. If you’ve ever fantasized about organizing a big event like a wedding or a trade show, but you’ve never had the time to pull anything together, you can still put your event-planning skills to good use by organizing digital events for individuals and companies.

Do you want to earn money while working at the beach or at your grandmother’s house? Proceed; no one is going to try to stop you or ask you any questions. This is the kind of life that a lot of people picture themselves living one day, and if you have some good ideas for businesses, you can get a lot closer to living that kind of life than you might think.

Also Read: 25 Passive Income Ideas 2024 for Beginners

Working out on your own

There is no denying the growth in interest in physical fitness. The topics of health, getting rid of excess weight, and improving muscular tone are constantly brought up wherever we go. Personal trainers are in a position to capitalize on the tremendous opportunity presented by this shifting terrain.

Being a personal trainer involves more than just instructing people on how to workout. They adapt the strategies to your specific needs and provide encouragement in addition to consistent accountability. Customers don’t just pay for workouts, but also for the extensive knowledge and advice that a personal trainer may provide.

This knowledge is not limited to the confines of the gym. The proliferation of online training sessions has made it possible for personal trainers to attract clients all around the world. Establishing a career as a personal trainer offers individuals with a strong interest in physical activity the opportunity to combine their passion with their professional pursuits.

Care for children

The landscape of child care is undergoing a significant transition at this time. Parents who are struggling to keep up with rising prices are looking for dependable alternatives to traditional child care more than ever before.

Those who are interested in starting their own businesses should use the opportunity presented by the current imbalance between rising demand and restricted supply. The market is open for new competitors after being bolstered by the infrastructure package proposed by President Joe Biden, which designates federal monies for the enhancement of child care facilities.

Establishing a child care business could be a life-changing opportunity for individuals who not only have a natural talent for caring for children but also have experience navigating the licensing procedure.

Improvements to the house

Have you have a good eye for aesthetics and for managing space? Think about getting into the home enhancement business, in which ordinary rooms are transformed into properties worthy of display.

To begin, you can keep initial expenses low by increasing the charm of homes by employing items that already belong to the owner of the home. As you gain traction, many experts in this industry begin to compile their own collection of adaptable furnishings.

In order to start this venture, networking is really necessary. Participate actively in your community’s real estate association by going to their events with a stack of business cards in hand. As you work on compiling a portfolio, the successful tasks you’ve completed can be highlighted on a website that you have specifically for that purpose.

Today is the perfect time to launch a new venture.

When looking for small business ideas for 2024, it’s important to not only pick a business but also learn how to run each one in a planned way. By focusing on one method at a time, you not only improve your chances of success, but you also build a strong base for long-term success.

The guarantee of success comes from the fact that many entrepreneurs have already used these business tactics and been successful. In other words, you’re putting your time and effort into methods that have worked in the past. There are many ways to make a lot of money, whether you’re a college student trying to get out of debt, a parent juggling tasks from home, or anyone else who wants to start their own business.

Remember that the best way to do well in today’s business world is not just to start a business, but to plan your success ahead of time. Use the tried-and-true small business ideas for 2024 to get the information and skills you need to succeed in a market that is always changing.

2024 should be a great year for your business. By following these tried-and-true methods, you’re not just starting a business; you’re also paving the way for long-term success and happiness in your personal life.

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