Are you looking for small business startup ideas that you can start right away? I have compiled a list of 20 small business startups that you can start today.
Small business startups are those kinds of small businesses that have startup characteristics. This means that small business startups are small-sized organisations that are looking to ramp up growth and revenue pretty quickly.
See Also: Resources that will help you start, market and grow a sustainable business.
Digital Marketing Agency
A digital marketing agency is a profitable small business startup to engage in. To start a digital marketing agency, you need to have adequate knowledge of the market, choose an aspect of digital marketing that you want to focus on, and also the segment of the market that you want to focus on.
Additionally, you need to employ some specialists that will be help you execute clients’ jobs.
News Blog Company
Starting a news blog company is another small business startup idea that you can explore as an entrepreneur. A news blog is a very profitable venture especially if you do it the proper way. All you need to do is to research a good niche that you want to focus on, then get the right staff including Online Journalists, Editors, and Graphics Designers.
Public Relations Company
Starting a public relations company is another small business startup idea that can quickly yield dividends. Like other ideas on the list, you need to properly research the market before delving into it.
More importantly, you need to make sure that you are entering the market with a unique product or service that organisations don’t have.
E-commerce Startup
Another small business startup idea that you can invest in is an e-commerce business. E-commerce involves selling products and goods over the internet.
If you want to go into this business, it is important that you understand how to source goods that people are searching for online, online payment solutions, and how to market goods online.
Ultimately, you will be needing professionals such as website developers, ecommerce managers, buying executives and logistics managers.
Real Estate
If you are experienced in the real estate sector, you should consider starting a real estate small business startup. To be successful in this sector, you need to offer something that established real estate companies are not offering.
You can innovate in terms of the payment plan, the investment opportunities available in your organisation, or even the kind of services that you offer.
Laundry Company
Another small business startup idea that you can invest in is a laundry service company. Laundry companies typically offer dry cleaning services, washing services, ironing services and the likes.
If you are looking to go into the laundry and dry cleaning sector, you should consider innovating by introducing technology into how you deliver your services. If you can create an app through which people can request for your services and track their clothes, it will set you apart from competition in the market.
Accounting Startup
Starting an accounting firm is one of the best small business startup ideas that you can adopt as an entrepreneur. Starting an accounting firm will require you to hire accountants to join your team. Additionally, you will need to get professional marketers on your team that will be able to sell your services to other businesses. Finally, you need to be well-grounded in B2B marketing strategies and networking to make your accounting startup successful.
Workspace Startup
The issue of epileptic power supply affects many countries in Africa, and makes it difficult to conduct business. Based on personal research, most businesses have to run on a generator for at least 12 hours a day and with a state that is prone to unexpected fuel scarcity, it could be tough making ends meet. Good internet availability is also a serious concern for businesses.
You can tap into this business opportunity and provide a fully serviced office facility for businesses to work from. This becomes even more attractive if you can offer flexible payment plans.
For us at ReDahlia, we have invested in workspaces to help entrepreneurs do business easily. ReDahlia Workspaces located at 43B Emina Crescent off Toyin Street, Ikeja is one of the finest for all your business needs. When you work from a very comfortable and interactive co-working space, you will get new small business ideas from interactions with the community in the space.
Website Design And Development Agency
With the growth of the internet, many companies are taking their businesses online. In most cases, this means that they need a website for their business. You should take advantage of this opportunity, and consider starting a website design and development agency.
With your agency, you can offer services like hosting services, website design, website development, UI and UX design, website revamp services and others.
However, you need to make sure that your services are innovative, and that you have a unique offering.
Human Resources Company
There are two main markets for human resources companies; job seekers and companies looking to hire the right talent. If you can innovate successfuly on how to satisfy both markets, you will have a thriving human resources company.
It is also important that you look for ways to integrate technology into how you deliver your services. For example, you can use Applicant Tracking System(ATS) software to identify the most qualified candidates.
Logistic Startup
As the internet continues to develop, we have seen a huge growth in the number of e-commerce platforms and the number of micro-businesses that are selling products online. Due to this fact, there is now a huge opportunity for entrepreneurs to offer logistics services where they act as a “middleman” between the commerce platforms and the end-users.
To start your logistic startup, you need to own a means of transportation like bicycles, motorcycles, and delivery buses. Your choice will be down to your local terrain and the market you are serving.
Content Marketing Agency
Starting a content marketing agency is one of the smartest small business startup ideas that you can invest. This is especially true because you don’t need a lot of capital to go into this sector. All you need is to make sure that you have a unique value that you are offering the market.
Most organisations need content specialists to help them write social media content, blog content and newsletter content to mention a few. If you assemble a team of talented writers who can create engaging content, you will be able to thrive in this market.
Software Startup
Do you have a unique app solution that you think that people will be interested in? Maybe it is time to start your own software startup! Keep it in mind that some of the world’s biggest app companies like Facebook, Tinder and Uber started out as small businesses. So, if you have an idea that you think will be adopted en masse, you should consider starting your own software company.
To start, you will need to contact software development companies to design your app. The best thing to do is to create a minimum viable product (MVP), go to market, and make adjustments to the feedback you receive.
Fintech Startup
One of the most thriving tech business ideas in the African tech industry is Fintech. This idea uses technology to push financial inclusion across the board. More so, it is clearly the fastest growing business model in the tech industry in Nigeria and Africa.
The Fintech industry is so large that you can adopt different business models; from mobile banking to investing, savings, and even loans. Although, the African fintech industry is getting saturated, however, your unique selling proposition is what makes the difference and will stand you out.
Interior Design Startup
Do you have a strong knowlege about interior design? Are you passionate about converting indoor spaces to beautiful masterpieces for clients? Then an interior design startup might be the way to go as an entrepreneur.
Interior design startups are one of the best small business startup ideas to consider if you are already in the industry. If you are not in the industry but are passionate about it, you should still consider starting one. What you need to do is to get talented interior designers and talented craftsmen to start your company.
But like I always point out, make sure that you have a unique selling proposition that helps you stand out from the competition.
Creative Design Agency
Creative design agencies help businesses design their brand items like logos, brand kits, social media designs, infographics, advert creatives, posters, complimentary cards, mockups, and a host of other items. Many businesses have an internal graphics designer but like to contract creative agencies when it comes to big-budget campaigns and important brand items.
Additionally, marketing agencies are always looking to collaborate with creative design agencies to help interpret clients creative briefs.
If you can get the best hands together in terms of design and marketing, starting a creative design agency is one of the most rewarding small business startup ideas to look into.
Agriculture Startup Business
Another great small business startup idea to explore is the agriculture startup business. Agriculture is such a wide field that an entrepreneur is spoilt for choices when considering which facet of agriculture they should build a small business startup business in.
Supply and transport, farm financing, farm investments, agriculture technology, and others are some of the fields you can consider when looking at setting up a startup.
Fashion Startup Business
If you are fashion savvy, you should consider setting up a fashion startup business. Like agriculture, fashion has many areas that entrepreneurs can decide to set up a company in. From starting a clothing line to setting up an online fashion school and creating solutions that help fashion entrepreneurs get access to funding, the possibilities are limitless.
Photography School
Have you been in the art of photography for a while and you are persuaded of your ability to pass on the knowledge to others? Then, a photography school is a great idea you can explore. There are different photography niches and you can choose to begin a school in one of the niches.
Alternatively, you can combine different niches to expand your coverage. If you are not well experienced in some of the niches, let’s say, aeriel or wedding photography, you can hire professional photographers in those niches to handle the class while you pay them for their effort.
Before hiring someone as your lecturer, educate yourself on how to hire the best hands for your business. Read related articles that’ll inform your recruitment process. The beautiful thing about starting a school is that you are passing just one piece of knowledge to several people who would pay you for that knowledge. This is why one of the most profitable business ideas ever is school and training business.
See Also: Most In-Demand Freelance Skills To Start And Earn Money
It’s no longer news that the world is now online. So, you can have an online or offline school or both. However, an offline presence is quite important in this kind of business. So, choose a good location where your service is in demand. This will help you get students for your school. A lot of small businesses fail because of their business location even though they got other things right. Let your story be different.
Architectural Design Startup
Architectural design business ideas focus on template creation on how a physical building should be structured. It is one of the high in-demand businesses in the world and very profitable. These days, people are willing to hire professionals to design their buildings. So, starting an architecture startup is quite profitable.
Conclusion
This is not meant to be an exhaustive list of small business startup ideas, however, with these ideas listed above, you have a general idea of the direction you want to go. Let us know if there any ideas we missed out on in the comments section.
Thinking of starting your own entrepreneurship journey by starting something similar to the small business startup ideas discussed here? Here are 35 booming business ideas and step-by-step guides to start them. It’s a strategic and financial breakdown of the most lucrative businesses in Nigeria. Get it now and start building the business of your dream.
Let’s create visibility for your brand today and put your business on the world map. Contact us today to make your brand the preferred choice among our audience of entrepreneurs and business leaders.
To keep track of our activities, follow us on Instagram.
3 thoughts on “20 Small Business Startup Ideas For Entrepreneurs”
Very useful content. Thank you.
Wonderful businesses you have here. Thank you so, much guys, you are the best, I really love number one. Most people have not realized the importance of digital marketing in the digital economy we have now.
Hello Iyke,
Thank you. We are glad you found the content useful. Kindly share with your audience.