So you want to set up a business? Great! In 2021, more and more people are starting their own businesses or turning to freelancing so that they can become their own bosses and make more money. Finding a niche, however, is vital to your success. That’s why we’ve put together a list of the five best niche business ideas for 2021.
In 2021, lots of us want to boost our skills and learn new things. In fact, people who want to start a business may need to learn new skills. If you have expertise in something, whether it’s DIY or coding, providing online courses is a niche but profitable business idea.
Research online course platforms, investigate what courses are out there and how much they charge, and who your target market would be. If you have skills and expertise to share, the e-learning market could be perfect for your next business idea.
If you have a knack for graphic design, there are a lot of people and businesses out there who need your services. Companies need logos, branding for websites and marketing, and may even need help with images for their products. Graphic design is especially good for freelancers and anyone who wants to make a bit of extra money on top of their day job.
If you want to start a graphic design business, the first step is to set up a website. Make sure it looks good and has plenty of examples of your work. Be sure to familiarise yourself with payment models for graphic designers and download accounting templates, such as a free invoice template from FreshBooks.
Are you great at finding bargains? If so, dropshipping is a growing business model that is making money for anyone who wants to get into e-commerce but doesn’t have the money, time, or space to sell products themself.
What is dropshipping? Dropshipping is when a business purchases products from a third party to sell to customers. The third-party stores and ships the products but the dropshipper finds the customers and does the selling. If this sounds appealing, there are lots of great dropshipping courses and apps out there.
Print on demand
Unique artwork and custom images on t-shirts, mugs, phone cases, and so on are popular gifts and accessories. A print-on-demand service doesn’t create the artwork themselves, instead, they work with suppliers and artists or let customers upload their own images. Often, print on demand businesses don’t even print the products themself, instead, they work with suppliers who print, package, and ship the products.
Print on-demand services are great for anyone with business savvy who can set up an online shop and even work with popular artists and Instagram influencers to create marketable, trendy products.
Virtual personal training
Everyone wants to be healthier and exercise more and personal training is an attractive route for many. In-person personal training, however, is often expensive and involves getting to a physical gym or training center.
Virtual personal training, however, can be done over video calls, letting you and your clients work out in the comfort of your own homes. You can combine virtual personal training with providing exercise and nutrition plans and offer a personalized service that is competitively priced against in-person trainers.