Top 10 Most Successful Businesses To Start – In the best years, 20% of small businesses fail in the first year and 50% fail within five years.
And let’s face it: starting a business in 2022 isn’t as easy as it used to be. These days, we have to consider COVID-19, the resulting economic downturn and a turbulent political landscape.
Top 10 Most Successful Businesses To Start
However, just because the world is a little crazy right now doesn’t mean you can’t start a successful business.
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There is an old Chinese proverb that says, “When the wind of change blows, some people build walls, others build windmills.”
In this strategic guide, you’ll learn about 15 of the most profitable small businesses opening in 2022, along with tips on why they might be a good bet.
When much of the world self-isolates at home and actively avoids going to stores and malls, it’s no wonder that e-commerce is on the rise.
For example, you can use the Shopify platform to create an e-commerce website in minutes. Sign up for the free trial to get started.
Of The Most Profitable Small Businesses To Start In 2022
You can also use Handshake to source products from some of the best and most curated wholesalers in the US.
If you don’t have the money to buy wholesale inventory to sell online, don’t worry. You can start a dropshipping e-commerce business at any time.
With this small business idea, you can build an online store, add products, and then start marketing them online to get sales.
Then, whenever you get a sale, the order will automatically go to your supplier, who will ship your product to your customer and receive a portion of the sale.
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Drop shipping must be pretty complicated to set up, right? no With a dropshipping tool like Oberlo, you can be up and running in minutes.
Once you’ve set up your account, you can start looking for products to sell. For example, you may decide to open a back-to-school store so that you can take advantage of the increased opening of schools after a long period of lockdown.
One of the disadvantages of dropshipping is that you cannot brand the products and packaging you sell. This can make it a little harder to differentiate yourself from other online sellers.
Print-on-demand works the same way as dropshipping, except, you guessed it, your supplier will print your designs on the products you choose before shipping them to your customers.
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You can sell all kinds of products like clothing, home goods, jewelry, beach accessories and more. Check out some ideas from print-on-demand service Printful:
Again, this small business idea is easy to start. Just sign up for Shopify and install a print-on-demand app like Printify, Printful, or teelaunch.
Once the home of morning mingling and lunchtime romance, many cafes have closed their doors for good or been reduced to queuing on the sidewalk.
In fact, coffee market research group Allegra World Coffee Portal reports that COVID-19 has killed 24% of the total value of the US coffee shop market in the past year.
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It’s no wonder that many people decide to take their daily caffeine intake into their own hands and get their coffee.
The result? Coffee subscription services could be one of the most profitable small businesses to own in 2022.
So how can you keep the sales flowing so your stock doesn’t disappear? Check out a Shopify dropshipping app called Dripshipper. This small app allows you to sell dropshipping fresh coffee online under your own brand. (Prefer to sell without showing up? Browse our gourmet dream collection for high-quality coffee products from other brands.)
In addition, many people started raising chickens and growing their own vegetables and fruits to protect themselves from possible food shortages.
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Seed supplier and Shopify user Hudson Valley Seed Co. has experienced an increase in demand for online orders due to COVID-19. Jack Whettam, sales manager for Hudson Valley Seed Co., said:
“The biggest increase in interest has come from people taking their food safety into their own hands, especially early gardening customers. We usually see vegetable and flower sales split pretty evenly, although right now we’re seeing a lot more interest in vegetable seeds, especially those with a high caloric content such as potatoes, corn, beans and squash.
So why not start a gardening supplies business? There are countless gardening products on Oberlo that you can sell.
Also, landscaping and lawn care could be among the most profitable small businesses to start in 2022.
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Although many people spend more time in their gardens, not everyone has the time or inclination to do the work themselves. So, if you prefer working with your hands, consider starting a landscaping and yard care business.
This can also be a safe bet. A 2020 report on the US landscaping market found that not only is the industry growing, but there is more demand for landscaping workers than supply.
It should come as no surprise that furniture products have also seen an increase in demand due to COVID-19 and are one of the most profitable small businesses right now.
“The home furnishings business, which for decades took a backseat to travel, entertainment and other segments of the economy that rely heavily on disposable income consumers, was unexpectedly put in the driver’s seat in 2020 . Since June 2020, months of downtime have been a record. the norm for both furniture manufacturers and retailers.”
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In other words, when you’re stuck at home and can’t spend the money on a vacation, why not get a couch, a bed, or a new home office setup?
So whether you open a local store that sells vintage pieces or sell furniture online, you can start a furniture business to meet the increased demand.
Lockdowns due to COVID-19 and the economic downturn have forced many small businesses to close their doors and move their operations online.
However, many small business owners do not have the skills or knowledge to successfully grow their business online and need someone to help them.
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You don’t have to be an expert either. If you are interested, there are many free online courses you can use to learn web design.
When you’re ready, you can find web development jobs on platforms like Gun.io, Stack Overflow, or GitHub Jobs.
In addition, there are over a million businesses using Shopify that need your help to optimize their online store and increase sales. See the Shopify Partner Program for more information.
Many businesses also need help with digital marketing; after all, a pretty website is of no use if it doesn’t generate sales, right?
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Online advertising could be one of the most profitable small businesses. If you are interested in doing analysis and copywriting, consider starting an online advertising service.
Again, you can learn more about digital marketing from free online courses like Shopify Compass.
Likewise, with millions of people social distancing, our social lives seem increasingly dependent on social media platforms. As a result, networks like Facebook, Instagram, Twitter and TikTok are
So maybe social media management can be one of the most profitable small businesses to start in 2022.
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If you are a fan of social media, you can start a social media management service to help small businesses increase their online sales. You can also offer influencer marketing services to help businesses promote their products and services to specific audiences.
Check out some free online courses to learn the ropes; for example, you can start with Oberlo’s Instagram course.
Below, check out some of the great online social media tools to help you manage your client workload, such as:
Try using a platform like Freelancer, Fiverr, or Upwork to find clients, or join Shopify’s affiliate program.
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Professional cleaning services are in higher demand than ever, with families and businesses desperate to prevent the spread of COVID-19 under their roof.
In fact, according to a US market report, the market for professional cleaning services is expected to grow significantly between 2021 and 2026. Therefore, cleaning services could just be one of the most profitable small businesses.
Consider targeting local small businesses to clean offices, restaurants, coffee shops and stores. There are tons of great YouTube tutorials you can use to learn more.
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You can also build an e-commerce store to start selling soap, sanitary products, and cleaning supplies. Check out the wholesale cleaning products available at Handshake for ideas.
Top 10 Most Successful Businesses To Start In 2022 For Profit
Starting a business can be incredibly difficult; remember that half of small businesses fail within five years. So it makes sense to choose the most profitable small business idea you can to have the best chance of success.
Ultimately, there is no clear answer. However, we can consider the winds of change in the world right now, think strategically, and check some research to come to some conclusions.
Take the time to dig into each of these highly profitable small business ideas to see if one feels right for you.
Thomas is a B2B content marketing consultant and writer specializing in SaaS, e-commerce and digital marketing. To learn more about how Thomas can help you achieve your goals, visit his website at tomjlaw.com.
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