10 Small Business Ideas to Make Money in 2021

Small businesses have been gaining momentum in the current year, with many aspiring entrepreneurs vying for the low-risk models. The transition to the digital medium has created a variety of opportunities that can generate excellent returns with minimal investment.

Also, established entrepreneurs who wish to sell a business online are looking for passionate individuals to take their legacy forward. If you wish to become a part of the burgeoning small business sector in 2021, you must look at the high performing segments that can help you attain great rewards.

So, here is a list of small business ideas that will help you to make money this year.

1. Online Retailing

Online shopping has grown exponentially in Australia in the past five years and the industry is worth $44 billion at present. There are 76,324 businesses operating in the sector, and it is expected to expand further with the rising confidence of buyers in online shopping.

E-commerce in Australia represents a low investment venture that does not need a physical office and fancy set-up. It can be operated from home. When you purchase an existing business, you don’t have to worry about creating the portal, finding suppliers and shipment partners. All the logistics are in place for you to take over and start earning.

2. Catering Business

Food businesses have always been in demand and catering is one way of entering the industry with minimum investment. It can be managed from home and can help in generating a handsome income as catering services are required for weddings, parties, birthdays, etc.

Local businesses have been thriving after the pandemic as communities are coming together to boost each other’s business. Thus, if you love cooking, you can purchase this business for sale to make profit.

3. Print on Demand

Customised gifts and merchandise have become increasingly popular over the years. From printing quotes and images on T-shirts to getting a picture printed on coffee mugs and pillow covers, the print on demand business has been in high demand. It does not take much in terms of investment and can be operated in a small set-up or even from home.

4. Website Design and Development

The pandemic has made many physical businesses move online and for this purpose, they all need a fully developed business website with e-commerce features. Thus, the need for website designers and developers has been soaring and creating avenues for skilled professionals to become their own bosses.

5. Cleaning Business

Commercial cleaning businesses are mushrooming across Australia because of the need for professional cleaning in residential and commercial spaces. Since a significant proportion of the population is ageing, and so is the number of double-income households, the need for hiring professional cleaners is rising.

These businesses for sale can be bought with a limited budget and come with equipment and a list of customers. Thus, you can start earning from day one if you own cleaning business.

6. Educational Business

Tutoring businesses are becoming immensely popular because of the one-on-one approach to teaching. During the pandemic, the business shifted online, and many people started their own tutoring ventures with ease.

As an entrepreneur, you can also purchase a tutoring franchise in an exclusive territory to cater to the needs of students in the region by offering the services of professional teachers. The management-based work does not involve teaching and can be run with ease from the comfort of your home.

7. Content Writing

The digital medium has completely revolutionised the world and everyone is hooked to the internet through their mobile phones, laptops, and computers. Thus, content on the web is being consumed by millions and has the power to sway them to make a purchase, become informed, understand a concept, follow a brand, become a brand ambassador and do much more.

Thus, marketers need content writers to create high-quality content for their websites, blogs, social media pages, and discussion forums to attract customers. Therefore, you can easily begin a content writing business as a freelancer and get paid for the content that helps marketers to gain visibility and rank higher in search results.

8. Aged Care Service

The population of Australia is ageing. The number of people aged above 65 years crossed the mark of 3.8 million in 2017. Many of the seniors living alone need assistance with day-to-day activities like grocery shopping, cooking, cleaning, and visits to the doctor.

This is the reason why the demand for aged care services is on the rise in the country. The thriving industry requires the entrepreneur to manage a team of qualified caregivers who can be appointed at the homes of the clients to gain an income. The sector will continue to grow in 2021 as more older people get added to the rising population of seniors.

9. Digital Marketing

With consumers spending most part of their day on a screen (mobile, laptop, computer), it has become necessary to communicate with them through the medium.

No business can survive in 2021 without an online presence because that is what consumers check to find out about the products, check the prices, read the reviews, and compare them with other brands. Thus, SEO, SMM, ORM, email marketing, etc., are the need of the hour. You can easily purchase a digital marketing business to make your mark in the industry.

10. Takeaway Food Business

When the country was in lockdown and restaurants started suffering, most of them opted for takeaway and food deliveries. It helped them to survive the tough sellbusinessesonline and stay safe. Food trucks and takeaway businesses have been performing exceptionally throughout Australia and can be set up with the lowest investment.

If you manage to purchase an existing business, it comes with all the equipment and a customer base that can be leveraged to earn huge profits with the least effort. So, investing in this business makes a lot of sense in 2021.

Conclusion

If you have been planning to give wings to your entrepreneurial dreams, look at the listings that sell a business online to make your search easy and effortless. You can find every business under the sun, including the ones that can generate huge profits in the current economic sellbusinessesonline