Businesses always start small, and the best way to end up being lucrative is to have a side-hustle. Are you looking for a side-hustle idea that might be able to secure your financial future without taking too much risk? One of the most popular ways to do this is by starting a small business. But despite the fact that there are thousands of business options, not all are suited for beginners. We look at 20 money making small business ideas that will work well in Victoria.
20 Money Making Small Business Ideas
If you’re excited to start your own business, there are endless small business ideas out there to help you bring in extra income. Whether it’s hosting a party for friends, selling your old clothes on SWOP, or just writing an eBook to sell online, there are plenty of ways to find success. If you want to ignite your entrepreneurial flames then these 20 money making small business ideas will help get you started.
1. Selling Antiques, Clothes and Collectibles
If you have a vintage furniture piece you aren’t using or a bag of old clothes you don’t wear, sell them on GumTree or Facebook Marketplace. You can also gather all your old stuff and have a garage sale. While garage sales are still trendy in the digital age, the Internet has made it easier to get rid of your unwanted possessions without having to hold an actual garage sale. Simply post pictures of your item on the right platforms with a detailed description and start bidding! If you have a knack for cooking or baking, throw together some cupcakes and sell them off at your local farmer’s market.
2. Social Media Management Service
No matter how popular they get, there will always be millions of businesses and organisations that need help managing relationships across social media channels. If you’re good at keeping up with multiple accounts, this could be a lucrative opportunity that supports you while you work on your next app idea. If you’re really good at managing social media accounts, this is an easy way to get paid! Just find a few clients that need help and then post on their accounts once or twice per day based on the content strategy you come up with.
3. Gift Finder App
Finding the perfect gift for a loved one can be a stressful task, but an app that can scan a person’s Facebook account and suggest gift ideas based on their interests would be extremely helpful.
4. Virtual Assistant Jobs
If you are knowledgeable about a particular niche, you can put together a portfolio of work on your own website to impress potential clients. If you can do things like schedule appointments, schedule tweets and Facebook posts, send emails, make phone calls, and even websites for people’s businesses or side hustles – you should consider making yourself available for hire! It’s a great way to make money online because it can be such flexible work. You could start by offering your services to your family and friends first to get started!
5. Design Services And Printing
If you have web design skills, you can put together a portfolio and bid on jobs at sites like Fiverr and Upwork. If you’re interested in graphic design or printing, start your own small business where you can do client work and offer your services to other entrepreneurs who feel like they need help organising their business office or their work office.
6. Teach English
There are several websites that will help pair English teachers with people who want to learn English from you. You can also get a TEFL certificate from local colleges and universities that will teach you how to teach English to other teachers. If you’re a native speaker, you can make money online by putting videos on a site like YouTube and posting a blog where people can purchase your premium content.
7. Sell Crafts or Knitting
If you make your own clothing or accessories, create an Etsy account and sell them off at craft fairs or online at your own online boutique. If you knit at home, you can try to sell your wares on Etsy as well. It’s a great way to get creative and support yourself!
8. Consultation Service
Are you an expert in a particular field? Put together a portfolio of all of your training and certifications and create a consultation website where clients can find out more about their health concerns or how to fix their computer problems. If you have experience in management, for example, charge people for coaching sessions to help them learn leadership skills. There are other ways to make money consulting as well. If you have specialised experience in a specialised field, you can put together a blog where you offer tips or advice to other entrepreneurs on how to improve their business. Look for niche websites that are related to your talent and offer free advice.
9. Personal Finance Blogging
If you want to learn how to save money, have an interest in personal finance, or are just plain bored with your job, start a blog about saving money or personal finance. There are hundreds of free blogging platforms to help you get started, but WordPress is the most popular platform that bloggers use to share their content. You can create your own theme or choose from paid themes to make your blog stand out. When you’re ready for more serious money, consider creating ads on your blog and charging clients for access to your content to make money off of it.
10. An Online Store
By leveraging Facebook ad campaigns well, you can put together a landing page where people can sign up for email alerts and browse different products that you sell online. Simply post ads over Facebook and do targeted ads on Google or LinkedIn as well. If you have a great idea for a product that people will want, gather your ingredients and get creative with your product! You can sell your products online or at craft fairs in your area. You can also order products directly from China and sell them on eBay or Etsy.
11. Professional Photographer
There are always people looking to get professional photos taken, so why not do it for a living? You might be wondering just how you can go about turning your passion into a career. The first thing to do is to understand the market you are planning on entering. An average base salary of a photographer is north of AUD$ 30 per hour. Professional photographers have a specific goal or purpose in mind before they take each and every picture. Photographers have to know just what they need to offer their customers and how they can do it better than their competition. The best way to learn photography is by starting to take photos. You might be thinking why anyone needs a professional photographer when an iPhone would do. The truth is a professional photographer’s skillset goes beyond just taking photos. There’s a lot to the whole domain of professional photography. For instance, aspects like lighting, finding the right location, photo post-production and bringing out that perfect smile are skills that need to be learned.
12. Property Flipping
If you have a big enough apartment or house, you can list it on Airbnb and rent it out to travellers. You can also put up a blog or website where you list the property, write reviews and coupons for local businesses, and advertise your place on Facebook. Renting out a vacation home is a great way to travel full-time while staying in between jobs!
13. Personalised Recipe Generator App
There are plenty of websites that offer personalised recipes, but an app that can help users put together unique meals would be even more useful. This could work for any diet whether it’s vegetarian, gluten-free, paleo, etc.
14. Affiliate Marketing
Affiliate Marketing is simple. You find someone who offers a product or service that you like, then you refer individuals to their site and earn a commission for bringing them business. By enlisting other people’s services and sharing in the profits, you can potentially make an income while doing things you enjoy. This is one of the easiest and most popular ways to make money online.
15. Content Creator
A lot of people have a knack for making videos and other content that people enjoy watching, but they don’t have the time or money to produce their own content. You could become an influencer by creating content. You could work with a company to produce educational videos but you could also freelance to create videos for your favourite hobby or interest. You can sell ads on your content by either promoting a company’s products or services within the video, or you can work with a network to promote a wide range of products.
16. Sell Your Own E-Books
Create an ebook around a subject that others are already writing about. Many authors make their income by writing books on topics like business management, the benefits of meditation, and maintaining healthy lifestyles. These popular e-books can be sold through online publications like Amazon or Barnes & Noble.
17. Sell Private Tutoring
Teach students at a local high school or community college. You can also teach college level courses to students at a vocational school. Either way, you can make a great income by offering your services to help people who don’t have the knowledge necessary to succeed in their careers.
18. Online Journalism
Becoming an online journalist is one of the best ways to make good money. It’s also a great way to learn more about topics that you’re passionate about and grow as a professional. When starting out, consider writing for large media sites like Huffington Post. You’ll need to build some writing skills and find out what your audience wants first, but once you do, the pay will be good enough where it won’t matter whether or not you can ever make a living off this work alone.
If you have skills that can help people in need or just provide them with guidance, why not turn that into a way to earn extra money online? People’s lives can really improve when they find someone to talk to. That’s where you come in as an online emotional guide. What you do is provide social skills counselling and life coaching of sorts, but it works differently than traditional therapy because the whole idea is that your main concern is taking care of the other person, and not trying to fix him or her.
20. Become An App Developer
Making your own apps is a great way to make extra money. You can create apps for smartphones or for Kindle tablets or computers. The sky’s the limit on what you can build. Some of the best apps are educational apps that teach children how to read, math problems, and English language skills. Elegant Media offers a Flutter course that is in-depth and comprehensive. You might want to check it out!
You Got Your Business. Now You Need An App.
Mobile apps are an essential marketing tool for your business. They are the second-most sought after type of mobile content after games. But how do you know if you need a mobile app? And what can you do to make sure it’s successful?
Any of the ten money making small business ideas above can benefit from an aggressive online presence. Whether you’re a small mom-and-pop shop or a more established enterprise; either way you can benefit from developing an app. It will provide an interactive and intuitive way for clients to connect with the services you offer over the Internet, as well as improve customer service. And with mobile apps being developed at such a rapid rate, there is no better time than never to capitalise on this opportunity.