Small Business Ideas start up loans - for the aspiring entrepreneur

The search for a business idea | Small Business Ideas start up

You may be tired of working on the traditional nine to five year old system, or you are tired of working for someone else, or maybe you are tired of spending so much time getting to work and you plan to do it. business? Maybe even a home-based business? ...... But the big question you may have to solve is: what kind of business should you start?

Looking for inspiration to find the right business?

Tens of thousands of budding entrepreneurs around the world are thinking the same way, not only here in Australia, but also in India, the United Kingdom, Europe and the United States. UU ... although less than half will eventually do something about it. But the time you spend thinking and planning carefully should never come to your mind ... Exploring different ideas for your potential business can be an important first step in the process. As long as you also recognize when the time has come for a bold action.

Let's take a few minutes to think about how far small business owners have come and see if this could provide a source of inspiration or a potential perspective.

"... the nature of business is to solve a problem and somehow make life easier for a consumer"

There are entrepreneurs who already have a clear vision of the service or product they intend to bring to the market: they recognized that there is a void in the market and that there is a problem waiting to be solved. These entrepreneurs simply need to plan the best way to market their "solution" and launch it as a business.

".... from employee to becoming your own boss"

There are other entrepreneurs with experience in the subject who have specialized or technical skills, such as accountant, hairdresser, carpenter, plumber or mechanic, but who have worked as employees for another person. Then, one day, they found themselves awake with the idea that maybe they could be their own boss and offer their experience directly to consumers.

Of course, there are still many business skills that need to be acquired. Just because you are a good plumber does not mean that you will manage your own plumbing business. There is a lot to learn about marketing, accounting and finance, for example.

But what if you are a plumber who is tired of this line of work, and may want to start a business in a completely new space? Then you search for a business idea.

"Sometimes it's wiser to test the idea as a "side-line" before quitting your day job"

Before you see the business ideas, two quick tips. First, before you go full-time with your business idea, see if you can do it part-time "on the side". In other words, he will maintain his "daily work" and experiment with the idea of ​​helping to assess whether there is sufficient demand for the product or service.

"Testing the water" before jumping can be a good risk management strategy. It's something that I certainly did many years ago, before I started my own management training company, Performance Development.


A second quick tip is to consider what interests you and naturally passionate. Maybe you like to play golf, and you are also good at it. You played it for 20 years. Maybe you are thinking of promoting private golf lessons in a small club that does not have its own "professional". Or perhaps promote a paid golf partner service, which also provides training in the game that you go with your partner on the greens. Imagine if you could find a way to turn your hobby into a small source of income!

42 business ideas that require minimal start-up capital

Here are a variety of different ideas for a possible business. Various categories and industries are represented, for example, products or services related to health and well-being, food and refreshments, various home and garden services.

A home based business has less running costs

However, determining whether the idea is viable depends on your ability to differentiate yourself from existing competition in this market ... Some ideas may require additional training or certification requirements. However, all are relatively easy to obtain by requiring a minimum initial initial capital. And many of them can be home business ideas, avoiding the cost of renting a premise.

But at this point, the key is to open your thinking to consider new possibilities ... 

1. Website development or graphic design
2. Car detailing
3. House cleaning
4. Garden maintenance or landscaping
5. Home maintenance, handyman or house repairs
6. Window cleaning
7. Cafe, restaurant, coffee shop or catering business
8. Teaching or tutoring in a field of your expertise (eg. music, language ....)
9. House sitting
10. Pet minding
11. Dog walking or dog training
12. Pet grooming
13. Interior design / decorating or painting
14. Special event planning (weddings, anniversaries, holidays ...)
15. Life coaching
16. Personal fitness training
17. Photographer
18. Gift basket service
19. On-line art & craft supplies
20. Furniture removal or small transport service
21. Air-bnb host - or bed-and-breakfast
22. Travel guide
23. Freelance copywriter or editor
24. Dress maker or clothing alterations
25. Florist
26. Gutter cleaning
27. Rubbish removal
28. Home stager
29. Massage therapist
30. Resume writer
31. Soap or candle making
32. Baking 
33. Cake decorating
34. Translation service provider
35. Video producer
36. Virtual assistant
37. Social media consultancy
38. Technology services such as app development 
39. Writing e-books
40. Blogging
41. Blogging
42. Dropshipper
43. Online retail or eBay store - selling anything from hand-made birthday cards, niche cosmetics, skin care or hair care products, smart-phone accessories. This easily lends itself to starting up initially as a home based business, simply requiring a room set aside for storage of products and packaging.

Finally, once you have found an idea that attracts you, the real work will begin. Undertake a more detailed market research that includes assessing consumer demand, identifying existing competition and whether you could differentiate in terms of price, service or ease of access (for example, for you promote as "local supplier ")

If this research suggests that the idea seems achievable, then the next step is to prepare a business plan. It's an exciting journey, and I wish you the best.

Relevant articles

- Five quick tips if you're thinking of starting your own business

- Starting a business - a guide to costs

P.S  Could buying a franchise be another option for you?

Another option that you can consider is whether a franchise opportunity might suit you. Training, systems, marketing, sales support and association with a well-known brand can be some of the benefits. Although you should always pay attention to this, because of the limitations and obligations that some franchise agreements may put on a franchisee - an article that could be of interest to you is in Kochie's Business Builders blog - Top Ten Australian Franchises .