With so many business ideas in 2022, it can be hard to decide which ones are worth pursuing. While following a new trend can be risky at times, it can also be extremely rewarding. Several of the ideas on this list have recently gained popularity, as you may have noticed. Others have long been popular, making them more competitive but less risky. However, all of the small business lists compiled below will help you make money.
Best Small-Business Ideas
If you’ve been beginning to wonder what business to start, this list is for you. According to small business statistics, being your boss is among the most compelling reasons to start your own business. Owning a business allows you to work when, where, and how you want. Do you want to work at a beach or your grandma’s house? No one is going to stop you or question you. This is the dream life that many people hope to live one day, and thanks to certain brilliant business ideas, it is well within your grasp.
Let’s look at a few business ideas that will make you money in 2022:
1. Video production
Are you the person who always has a camera with them, or the kid who managed to run around with a video recorder, recording all of your family’s events and memories? If so, video production could be one of the best small business ideas for you. With the popularity of video on social media sites and the internet in general, there will undoubtedly be a demand for those who can shoot, edit, or both. Even if you have no prior video experience, such as graphic design, there are numerous online courses which will teach you how to cut and edit video using video editing programmes such as Adobe or Final Cut Pro.
With the demand for video, this is another business idea that you can start from home at a low cost. Moreover you can also use AI Video making software like Pictory AI in your initial days. Plus, once your videos go popular, you’ll have free marketing for your production company.
2. Business consulting
People may be clamouring for your knowledge and skills in your industry if you’ve been in business for a long time. Why not turn your expertise into a new career as an independent consultant? On a contractual basis, you can get paid to speak at industry conferences or events, serve on a board of advisors for a startup, or lend your expertise to shape the strategic plan of an existing business.
Whatever your field of expertise, starting a consulting business is an excellent way to earn a substantial income while working on your schedule.
3. Accounting and bookkeeping
Are you a certified public accountant or an expert in business accounting software? Your less math-savvy entrepreneurs could profit from your assistance in keeping their personal and business finances in order.
As a bookkeeper, you would then process invoices and payroll, as well as compile expense reports. You can help business owners file taxes, generate balance sheets and other accounting documents, and make professional recommendations about your client’s bottom line if you have a CPA licence. If you have the skills to run you possess accounting or bookkeeping service, this is one of the best and most profitable small business ideas for you.
4. Event planning
Individuals and businesses are increasingly hiring freelance event planners to manage the layout, logistics, and coordination of large-scale events. If you appreciate every detail of planning your child’s birthday or your father’s retirement party, start offering your Services online to partygoers in your community or personal network. To begin, you only need to throw one great party, and your event-planning business would then take off thanks to all of those word-of-mouth recommendations.
5. Business planning service
If you’re the type of serial business owner who has launched and run a few businesses, you’ve probably written a few business plans in your time. Writing a business plan is an essential step in starting any business. But it is a process that not all entrepreneurs have mastered.
A business planning service is one of the best small business ideas for seasoned business owners having to look for their next venture. Clients will queue up for your services if you know how to see the entire process of writing a business plan through, including business funding plans, market analysis, competitor research, and so on.
6. Tax consulting
If you’re a CPA or other enrolled agent, you must consider offering a business tax service. Filing and keeping track of business taxes can be one of the most difficult aspects of running a business. So if you have expertise in all things tax-related, business owners will be eager to hire you. Furthermore, unlike individual taxes, many businesses will utilize the assistance of a tax advisor year-round, which means your services will be in high demand during tax season and beyond.