New Business Ideas 17

New Business Ideas

What kind of business is right for you? We lay out the top new business ideas for different personalities and situations.

Home based business ideas: low-cost, low-risk

Some kinds of legitimate businesses are easy to start on a small budget. A consultant, for example, is anyone who knows how to do something better than others, and has the gumption to market himself – as well as $14 for a box of business cards. Similarly, a professional organizer needs a talent for decluttering, a couple of classified ads (or even better, free word-of-mouth), and not much else.

In general, service business ideas offer a nice mix of low buy-in and immediate returns. If you want to test the waters in an area you love, but aren’t sure you want to invest your retirement savings in your new business idea, consider the following:

  • Consulting
  • Professional organizer
  • Petsitter
  • Arts and crafts maker/seller
  • Photographer
  • Tutor
  • Handyman

Read more about home based business ideas…

Internet business ideas: high-tech, high reward

Successful small business startups often start with the existing skills of the founder, turned to a new business idea. If you already have a talent for design, finding bargains, doing research, or connecting people with each other, you may be able to take those skills online to create a new Internet business.

Remember, the key to success is not usually having a new idea, but implementing it well, getting customers, and wowing them so that they come back for more and recommend you to others. If you’re willing to learn the basics of html, Search Engine Optimization, website marketing, and online sales, the following Internet business ideas might be for you:

  • Website designer
  • eBay retailer
  • Internet researcher
  • Recruiting

Read more about Internet business ideas…

Read articles on running an online business

Small business ideas, big dreams

Sometimes a new business idea can come from a long-held dream to turn a fun hobby into a profitable life’s work. However, most of these small businesses require significant time, energy, and initial investment to begin, so think carefully about your commitment and do your research before you start.

  • Restaurant or Caterer
  • Retail storefront
  • Home daycare

Read more about starting a Restaurant

Read sample plans for Retail and Online Stores

Read sample plans for Day Care Services and Children’s Products

New business idea: start-up articles

The best business for you is one you love, and are prepared to make a major commitment to. Many small business owners describe starting a new business as more demanding than having a new baby – you have to be prepared to give it your full energy, time, and attention at any time of the day or night. The following articles give you tips on choosing the best business idea for you:

The Right Business for you by Nolo
The folks at Nolo give advice on finding the right new business idea for your interests and risk tolerance.

Top 15 Questions from SCORE
So, you have a new business idea, but you’re not sure how to start. These are the top questions from would-be entrepreneurs like you, with great answers from the experts at SCORE.

Business Startup Strategy
Run your new business idea through a quick feasibility analysis with this short list of questions you will need to answer about your customers, your business goals, and your finances.

Articles for implementing your new business idea

Do I Need a Business Plan?

Know Your Industry Before You Start Your Business

Planning tips from Palo Alto Software customers

How to Form a Corporation

Do You Need Funding?

Planning Tools

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How LivePlan makes your business more successful

LivePlan: Online Business Planning Software

If you're writing a business plan, you're in luck. Online business planning software makes it easier than ever before to put together a business plan for your business.

As you'll see in a moment, LivePlan is more than just business plan software, though. It's a knowledgable guide combined with a professional designer coupled with a financial wizard. It'll help you get over the three most common business hurdles with ease.

Let's take a look at those common hurdles, and see how producing a top-notch business plan sets your business up for success.

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  • Pingback: » Blog Archive » Posts about Small Business Information as of January 25, 2009

  • Janet

    Thank you for sharing such a rich list of resources. These will certainly help anyone get started.

  • David Phillips

    sounds to good to be true, but I would be interested in some more information. Thand you, David

  • vinay walandikar

    its wounderfull & rich source of information…..

  • Sanjay

    I found your website information very encouraging and educating. Thanks for creating such a wonderful site.

  • http://nile Armstrong

    its good because l have of l was looking to sart my small business this year from the website, thanks for the good work done.
    Armstrong Arop

  • http://business mian munir

    how a business start can be taken without heavy amount
    it depends upon ur logic and talent and round about activity.

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    business is a key which u urself can explore

  • http://business mian munir

    guidance is necessary to touch the business peaks scope

  • http://business mian munir

    business start will be minor so that not risk of compensation as early

  • fahad sheriff

    I’m planning to start a new business. it is a totally new concept and I was struggling to get started with my business plan. this website gave me a good approach.. thanks..

  • Dennis

    Thanks for the great content and information on legitimate online businesses. I search the net looking for this type of content to give me ideas on future articles that I am going to write on this same general subject. Appreciate reading your article and information on this particular subject.

  • Sifiso

    I have still to find a wbsite with more business ideas as this. It is really informative and very user friendly.
    My question is this: Can a business idea that you have be bigger than you?


  • SACHIN .

    I’m planning to start a new business. it is a totally new concept and I was struggling to get started with my business plan. this website gave me a good approach.. thanks..

    Thanks for wounderful and needed data , knolage to gat thanks.

  • ganesh chaurasia

    I want to do small business

    • Munish Kumar

      Actually i want to start a new business of export import from India.But i could not find any clue regarding how to start and whats the products.

  • Lyron

    I would actually like to open my own club but i don’t know where to start

  • Nuzah

    Hi Sifiso,
    Dream big. No business idea should be bigger than you. w proper research and planning you can get it off the ground. plug a leaf from the founders of google – Larry Page & Sergay Brin.