Awesome Business Ideas

1. Accounting and bookkeeping

Are you a licensed CPA or a business accounting software wizard??Your less math-friendly entrepreneurs could use your help in keeping their personal and business finances in order.

As a bookkeeper, you'll process invoices and payroll, compile expense reports and more. If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents and make your professional recommendations about your client’s bottom line.

If you have the skills to make your own accounting or bookkeeping service happen, then this is one of the best and most lucrative, small business ideas for you.

2. Business consulting

If you’ve been in the business world for a long time, folks might be clamoring for your knowledge and expertise within your industry. Why not turn all that know-how into a new career as an independent consultant? You can get paid to speak at industry conferences or events, serve on a board of advisors for a fledgling business or lend your expertise to shape the strategy of an existing business on a contract basis.

Whatever your field of expertise, starting a consulting business is a great way to make a sizable income while working on your own terms.

3. Marketing services

Most business owners have?some idea of how they want to market their companies. Executing that plan, on the other hand, can be a whole other ballgame — especially for new business owners with little, or zero, marketing experience.

As an independent marketing professional, you can work with small businesses who don’t have the in-house bandwidth to execute their marketing plans. Write their blogs, firm up their SEO strategy, generate ad campaigns, deploy inbound marketing tactics and do whatever it takes to get their name in (proverbial) lights.

4. Real estate business

If property is your passion, there are several ways you can serve other businesses, or even individuals, with your real estate business. You could start your own real estate agency, working with businesses or private citizens to find the office space, house or apartment that's right for them.

Or, you could buy property of your own (if you have the business funding, of course) becoming a property manager or landlord, renting out the space to tenants, maintaining the property and serving as their point of contact for any potential issues. People are always going to need a place to live and likewise, businesses are going to need a place to set up shop — why not be the business to help them throughout their real estate journey?

5. Event planning

More and more individuals and companies are hiring freelance event planners to manage the design, logistics and coordination of pulling off major events. If you love every little detail of coordinating your kid's birthday or your dad’s retirement party,?start offering your Type-A services to partiers in your community or within your personal network. You just need to pull off one great party, to start, and your event-planning business will take off with all those word-of-mouth recommendations.

6. Video production

Are you the person who brings your camera everywhere, or the kid who ran around with a video recorder, taping all of your family events and memories? If so, one of the best small business ideas for you might be video production. With the popularity of video on social media platforms and the internet as a whole, there is certainly a demand for those who can shoot video, cut video or both. Even if you don't have prior video experience, like graphic design, there are numerous courses online that can teach you how to cut and edit video using programs like Adobe or Final Cut Pro.

With the demand for video, this is another business idea that you can start at a very low cost, in your own home. Plus, once your videos are out in the world, you'll have automatic marketing for your production enterprise.

7. Podcasting

For those who have something to say or important stories to tell, you might consider starting a podcasting business. With the popularity of podcasts from newspapers and other media providers, private individuals have been able to jump on the trend—turning a hobby into a fully-fledged business. Podcasting will require an initial investment in some audio equipment and editing software, but once you get started, you'll be able to grow as fast as you can talk, produce, and of course market your podcast.

Moreover, if you're specifically interested in online business ideas, podcasting can be done from home, and completely online.

8. IT consulting

Do you have experience with computers and other types of technology? If so, use this knowledge to your advantage and consider starting an IT consulting business. With limited budgets and resources, many small businesses are apt to hire an outside consultant to help assist them with installing, managing, updating, and troubleshooting their technology. As an IT consultant, you'd more than likely be able to offer remote services as well as on-site assistance, giving you freedom and flexibility while working in a field that's in high demand.

9. Catering

If you're a professional chef but tired of the restaurant grind, starting a catering service is a great opportunity to strike out into the world of self-employment. You’ll need access to a commercial kitchen, a part-time staff of servers and a couple of assistant cooks to start. But, compared to opening your own restaurant, the overhead costs of starting and running a catering company are much more manageable.

10. Social media management

Social media marketing is a specific marketing specialty that most business owners know they need, but few are capable of doing well. If you’re glued to your phone, Instagram all your meals and carry out most of your conversations in 280 characters or fewer, consider cultivating a client base of business owners who need help managing their brand’s social media platforms.

11. Business planning service

If you're the serial business owner type — and have successfully launched and run a few businesses now — you've probably crafted a couple of business plans in your time. Writing a business plan is a crucial start to any business, but it's a process that not all entrepreneurs have down.

One of the best small business ideas for seasoned business owners ready for their next venture is a business planning service. If you know how to see the whole process of writing a business plan through — including business funding plans, market analysis, competitor research, and so on — clients will line up for your services.

12. Tax consulting

If you're a CPA or other enrolled agent, you might consider opening up a service specifically for business taxes. Filing and staying on top of business taxes can be one of the most complicated parts of running a business, so if you have experience in all things tax-related, business owners will be willing to hire you for your services. Plus, unlike individual taxes, many businesses are going to need a tax advisor to support them year-round, meaning your services will be in demand through tax season and beyond.

13. PR agency

Whether you have a background in public relations, or simply have an extensive network and knowledge in the business space, a PR agency might be the perfect business idea for you. Just like some of these other B2B examples, small businesses often hire outside PR agencies to assist with their public image and presence — including business marketing, events, press releases, outreach and more. If you have a network of contacts in a specific industry, your services will be even more attractive to businesses in that industry.

Plus, you can easily start your own PR business without too much initial time or investment and can bring on employees or rent office space as it grows.