Starting a new business is a difficult venture, requiring a lot of hard work and passion. It also requires proper timing. Of course, you need to have a great idea before all of that. You want to start with something that will succeed in the current market, which can take research and some serious thought. But there are plenty of choices out there.
Many of the best businesses to start in 2022 involve online marketplaces and remote work. However, plenty of staples and businesses that can expect growth in 2022 exist, with all of them making great choices for someone trying to start something new.
There is a certain truth that all businesses need to be online to succeed. Even if you run a simple business that does not do any online buying or selling, having a presence is important. However, businesses that exist entirely online are particularly successful currently. Below, you will learn about the many businesses worth starting in 2022.
Start an Ecommerce Store
Ecommerce has been on the rise for quite some time, but the pandemic caused an unprecedented spike that accelerated the growth of ecommerce by years. This increase in ecommerce does mean a more competitive market, but with so many new people purchasing things online, there is plenty of room for more businesses and success.
When considering an ecommerce business, there are a few things you will want to keep in mind. The first is what type of good or service you will provide. Try to find something with decent demand with as little competition as possible. You also need to pick a business model, such as:
- Fulfillment by Amazon
- Full-fledged Manufacturing
While those are not the only choices, they are popular ones. Fulfillment by Amazon (FBA) relies on amazon for shipping, storage, removals, and returns. They take care of it all, allowing you to focus on your products and external marketing. Full-fledged manufacturing is the opposite end of things, with you doing all the work for more profit.
Dropshipping is another choice for ecommerce, and it might be the best for someone starting this type of business for the first time. If you go this route, you will post products from wholesalers online, but the suppliers manage all of the products. All you have to do is market the products and generate orders, which are sent to the wholesaler.
Write a Blog
Blogs are interesting for a few reasons. The first is how low-risk a blog is. The initial investment is minimal, requiring more time than money, which means you can do it while also pursuing other sources of income. It also lends itself to supporting other business ventures, such as ecommerce or selling your skills.
Think about an ecommerce store. You want to sell your products, but how do you get your website out there? Well, there are plenty of ways, but a blog is a fantastic source of traffic, where you can advertise your products in a longer form and attract people to your ecommerce site.
Blogging also allows you to sell the products of others through affiliate marketing and advertisements, which can even be done alongside your own products. And if you have valuable skills, you can even promote coaching or consulting on your platform.
That being said, blogs are not easy. They require effort, and they cannot be all about passion. You need to approach a blog like any other business, figuring out ways to maximize efficiency and get your blog out there. You will have to pick a niche, learn about SEO, and figure out how to scale and monetize your blog.
Start a Podcast
The world craves podcasts, and while there are plenty of creators out there giving people what they want, starting a podcast is still a great business idea for 2022. In fact, the number of people aware of podcasts has skyrocketed over the years, to the point that more than 82 million Americans listened to a podcast in 2021.
While the growth of the podcast industry does mean you are guaranteed a piece of the pie, it does demonstrate how successful one can be with a good podcast. Moreover, it can be approached in several ways.
You can absolutely record a podcast as a product of its own. You can then take that podcast and put it in various places, such as YouTube, Spotify, and other platforms that embrace the medium. It can even be included within your blog if you decide to start one since it connects well.
However, another approach is to utilize content in various ways. Make an informational video that you can post on websites like YouTube, then strip the audio and use that as a podcast episode. You can even use the transcript to write an article. If done right, content can be versatile, making it appealing on various mediums.
The rise of online business creates the need for more websites, making front-end web development skills valuable. There are plenty of resources to learn these skills as well, including free online courses and coding bootcamps, as well as paid alternatives that teach you all of the skills you need to know.
You do not have to worry about the website builders making it difficult to get work. While website builders provide an easy way for small businesses to get online, they do not allow for much customization. A web developer is needed for unique designs and functionality, meaning there will be plenty of work for inexperienced developers.
The first thought in your head might be that the market is flooded with apps. While you are not wrong, that does not mean there is no room for new developers and apps. Ideally, you will find a unique approach or creative app that stands out. However, having an app that is easier to use and more comprehensive than competitors is an option.
It might not be easy to find your place, though. It requires research into the niche your app fits into. You need to understand every detail to successfully market your app once it is created. After all, even if you have a great app, if nobody sees it, there is no point.
Become a Virtual Assistant
There are many benefits of working from home, so many jobs are moving in that direction. One example is virtual assistants. Like an ordinary assistant, virtual assistants provide administrative services to a person or business. The difference is that they do so remotely and often as independent contractors.
Virtual assistants are becoming more popular because technology makes it possible to stay connected remotely. With shared calendars and documents that can be accessed anywhere, an assistant no longer needs to be in an office.
Of course, the same skills as any other assistant are necessary, so prior experience is often desired. Some of the things you should expect to be responsible for as a virtual assistant are:
- Scheduling Appointments
- Phone Calls
- Travel Arrangements
- Email Accounts
Virtual assistants can also have their own specialties, including graphic design, marketing, or social media. In fact, the rise of social media has led to many virtual assistants being responsible for their employers’ social media accounts.
Moreover, while being a virtual assistant might not pay as much as other opportunities, it does allow you to learn a lot. By becoming a virtual assistant to someone in the field you are interested in, you can get valuable experience.
Social Media Management
Social media is massive, including platforms like Facebook, YouTube, and Twitter. And these platforms are a great marketing tool, whether they are used for a business, product, or individual. In fact, many employers look at social media when making hires, meaning social media and the proper management of it are highly important.
If you understand social media marketing, you can sell your skills to people, both as a consultant and direct manager of social media accounts. And since almost every business out there can benefit from a social media presence, the number of clients is massive. Some of the things you might help businesses with include:
- Analyzing what parts of their marketing campaigns need improvement
- Helping them utilize their current content more effectively
- Customizing an ad campaign that properly shows their brand
- Connecting them with influencers that have a similar brand on social media
- Creating content that will help expand their brand and social media presence
Social media management is a broad business that requires you to keep up with a fast-paced world that is constantly changing. But the good news is that many companies barely use social media, meaning there is a lot of room for their growth and you to gain experience.
It comes as no surprise that freelance writers are in high demand. With the surge in online business, the need for writers is greater than ever, meaning there is money to be made. If you think you have the writing skills necessary to create engaging, unique content, then you should consider these opportunities:
- Website Copy
- Sales Pages
- Blog Posts
- News Articles
- Email Newsletters
Many types of content require an experienced writer, making it a profitable business for someone capable and self-motivated. It is not limited to writing, either. Editors and proofreaders are also in high demand, allowing you to put a wide range of literary skills to use to turn a profit.
Become a Photographer
There are many ways to make money if you have an artistic eye and knowledge of photography. One such example is wedding photography, which has become more profitable in recent years. Another great example is taking stock photographs and selling them to clients for online use.
The way stock photography works is that you take photographs and put them on websites like Shutterstock, which then pays you every time those photos are used by a client. And with so many people flocking to online business and social media, the need for stock photographs for their own projects is only rising.
Regardless of what type of photography you choose, it is not as simple as snapping photos with any old camera. You will need high-quality equipment, and you will want to invest in photo editing software for the best results.
Additionally, while you can rely on other websites to get your name out there and generate business, you will eventually want to consider a website of your own. Think of it as a portfolio where you can demonstrate your work to potential clients and stand out from the rest.
Start a Cleaning Service
A cleaning service is always a great choice when starting your own business, especially now that people are working from home more often. However, it is also a broad business idea that will need refining. For instance, you need to decide whether you will provide residential or commercial cleaning services.
Once you know your target audience, think about a niche. There are many cleaning services out there, so it might be easier to break into the field if you have a specific type of service in mind. Not only can this make it easier to market your business, but you can invest in fewer tools, and it makes it easier to form a strategy and price your services.
Become a Personal Trainer
Starting a business as a personal trainer can be incredibly lucrative, especially since many people are transitioning to working out and taking care of their health at home. It has opened up the market for more one-on-one training, and there is even more opportunity for people who know how to craft diets and nutrition plans.
If you decide to try becoming a personal trainer, you need to understand many different types of exercise and the health benefits of each one. You also need to be capable of articulating these things to your clients and crafting a plan that suits the person and their goals.
Additionally, once you have a decent client base, you might want to consider expanding your reach online. Having your own website is a great way to find clients and offer your own products. A blog can also be a beneficial addition that can increase your profits and offer the public and clients a source of useful information. It helps you stand out.
Rent Unused Space
There are many ways to utilize unused space, whether it be a home or an extra room. The first way is to rent it on a monthly basis, pulling in a tenant that can give you consistent income on space that is otherwise wasted. Additionally, you can host people using a service like Airbnb.
However, if you choose to become a host on a site like Airbnb, you might have other responsibilities. While it will mainly relate to hospitality, you can offer many things, including:
Really, you can offer anything you like to make the experience memorable. You can potentially charge more to provide a custom experience that leaves clients satisfied. Therefore, you should research how much you can make and how much of a time investment might be required.
Sell Homemade Food
There are a lot of opportunities for food right now, with baked goods making for a particularly lucrative business. All it takes is some tasty recipes and a unique approach. For instance, Last Crumb started delivering cookies directly to their customers, even instituting a waitlist and offering creative flavors and designs.
It does not have to be complicated, either. Start small, picking a few recipes you know will succeed and market big. Then, start developing more unique products to branch out once you have some loyal customers.
You might even consider starting a meal prep program that allows customers to choose from multiple dietary plans and select a few recipes each week. People will pay for convenience, especially if it is fresh, delicious, and delivered to their door. Just make sure to figure out your niche and make your product stand out.
Tips to Starting a Successful Business
What you might have noticed after looking at this list is that many of the businesses that will see success in 2022 are online or have some sort of online presence. That does not mean other businesses will fail. It simply shows how important being online is in today’s world. Even as a brick-and-mortar shop, having a website can generate business.
That is not the only thing you should keep in mind. Really, any business has a chance to see success in 2022, assuming you can do a few key things. Most importantly, you need to be able to figure out what people need and fulfill those needs. Some ways to go about understanding what your customers need is:
- Using Surveys: There are many ways to effectively survey customers and potential customers. You can give them out in person or put them online, such as on your website or blog.
- Doing Research: You need to be doing research at every step of the process. You want to understand what people want, which niches are not being targeted, and where you can find the most success. You also want to know why certain approaches work while others do not.
When starting a business, you also need to consider how much it will cost. The initial investment might make it difficult to start certain types of businesses, but there are many choices out there that have low startup costs, such as blogging and selling your skills.
Finally, consider your skills. While branching out into something new is not inherently doomed for failure, it has a lower chance of success compared to something you have experience in. So if you want quick results, lean toward what you know how to do and find a way to make those skills work for you.
Starting a business can be a great way to follow your passion or make some extra money. Additionally, while the growth of ecommerce and online businesses might seem intimidating, it offers many opportunities for small businesses. Just make sure you have a clear direction and know how you are going to make your business stand out.