8 Best Business Ideas To Make Money in 2021

Lakshya Singh Lakshya Singh Varad Kitey Varad Kitey
Jan 1, 2021 7 min read
8 Best Business Ideas To Make Money in 2021

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Who doesn’t want to be their own boss? Who doesn’t want that extra bit of income coming in? More and more people are looking to start their own business and break free of their traditional 9-5 jobs. Finding the best business ideas to make money and eventually becoming self-employed results in greater pay and more benefits regardless of how rewarding your full-time job may be. It is only possible if you have unique business ideas and perfect strategy to follow.

Running your own business means that you have more freedom. So it’s easy to see why so many people are looking to build their own business empire with small business ideas from home. Although starting your own business from scratch isn’t easy after all as it needs good strategic planning and more importantly the idea must have a scope in future. To help you find answers to these questions, here are some profitable business ideas to make money in 2021.

Plant based Food
Personal Training
Graphic Designing
Destination Wedding Planner
Hairdressing/Makeup Artist
Open A Coworking Space
Bicycle Rental Business
Ecommerce & Dropshipping

Plant Based Food

Plant-based or plant-forward eating patterns focus on foods primarily from plants. which includes not only fruits and vegetables, but nuts, seeds, oils, whole grains, and beans. The world is going crazy for everything plant-based. Though this trend is not new, it is gaining popularity rapidly. In the last few years, you might have noticed more and more plant-based eateries and options on the supermarket shelves. Many people tend to buy this to follow their fitness regime. So, why not take full advantage of the trend?

The plant-based market is in high demand all over the world. From starting your own coffee truck with plant milk alternatives to your own eatery that serves plant-based treats and pastries. Do plenty of research on the trend and you might just come across an area that hasn’t been fully explored yet. Creating a vegan supermarket or making meat-free alternatives to traditional foods could make you a successful entrepreneur. This does require a fair amount of investment to start. Alternatively, for a lower budget you can simply start a blog or Youtube channel to share plant-based or vegan alternatives to popular recipes. You might get surprised with the number of views you garner from it.

Personal Training

Unique Business Ideas 2020

They say that personal training is a saturated market, and while that might be true, that doesn’t mean you can’t turn your passion for fitness into a lucrative business. There are plenty of training providers who can help you get your personal training qualifications, but you can always go a step further and become a professional in different areas other than the gym. You could focus on pre/postnatal women's exercise, Pilates and yoga or even take on GP referrals. With the recent pandemic people are reluctant to go to gyms as well so you can personally visit the individuals for 1-to-1 workouts or yoga sessions or simply conduct a class online via zoom or so. Your success depends on how much effort you put into building your brand. This is one of the incredible business ideas to make money in 2021.

Graphic Designing

Graphic designing is one of the budding trends and not a physically taxing job. The foundations of graphic design can be learned on your own easily. One can also take up a professional course;  offline or online via coursera or skillshare. Moreover, a formal background in graphic design can help you become a freelancer. What's more - tools like Adobe Illustrator, Stencil and Visme are easily accessible with a small subscription fee.

With these tools, a bit of creativity and motivation can help you become a master in graphic designing and earn a side income. One can design images like motivational quotes that can be printed onto posters or you can tie up with a local startup or photographer helping them design images for their products. This is one of the most successful small business ideas you can look into this year.

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Destination Wedding Planner

most successful small business ideas
Creative Business Ideas

One business which is not affected by seasons is wedding planning. Lately, the trend for a destination wedding has soared in India. By starting a destination wedding planning company, one can take the stress out of wedding planning for couples and you might get to travel to exciting places around the globe. By learning some tactics and event management skills, one can make a good wedding planner. However, this does require quite a heafty investment to start off with.

Hairdressing/Makeup Artist

Another very creative business ideas to make money in 2021 is being a hair dresser or makeup artist. Everyone will have atlast a few occasions in their life where they'll need their makeup and hair done professionally. There are plenty of qualifications, classes and tutorials to invest in – many led by industry professionals. You won’t even need to pay for an expensive chair at a salon; become a bridal makeup specialist for example and you can bring your makeup expertise to your clients. You can also choose to chowcse your talents on the internet or even review make-up for a living. You'll get sent PR packages so you won't need to spend a dime after reaching a certain audience quota. This is also a very skill-based business idea but if you’re talented with all things hair and makeup then why not make a business out of it?

Open A Coworking Space

The coronavirus pandemic has made most of the employees work from home for the first time. This trend of working remotely will be there even after the pandemic because it has their own benefits. So taking the current situation into consideration, it is the right time to capitalize on the rising popularity of remote work by creating a modern coworking space that addresses pain points of entrepreneurs. One can choose a convenient location, build it out with highly sought after amenities, and consider local impact. If you want the answer to what is the most profitable business in 2020? - this would be it, as it a highly sought after business idea giventhe current situation. And if you think it's a very expensive investment plan, that can be cut down by not buying the property but renting it initially untill you make enough profit to aquire it.

Bicycle Rental Business

In many parts of the country, this business is gaining popularity. Today, many people tend to ride a bicycle for fitness or to travel with a group of enthusiasts or a daily commute. Many online and offline bicycle rental businesses have started in the last few years. One can also develop an app for renting a bicycle.

Now, using GPS and Bluetooth enabled bicycles an e-bike can be rented via a mobile app. The user can view nearby available bicycles on the app, scan the QR code on the bicycle to unlock it and ride away. You get to charge by the hour or by the days according the individual's need. As an owner, you also don't need to worry about the bicycle's security as they get locked automatically after the use. This a very innovative business idea to make money in 2021 but with a little bit of an investment on your part.

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Ecommerce & Dropshipping

There are a couple of avenues you can take here. You can turn your hobby into a business by selling your products you have created, on platforms such as Etsy, Amazon, Flipkart and through social media (instagram has a booming marketplace for this). Alternatively, you can choose a particular line of products you want to sell (after extensive market research of course), build your own website from scratch, advertise via social media, and get selling.

If you don't make your own products, then you can also go for Dropshipping. It is an eCommerce business model that involves shipping the products to customers. By selling higher-end products with low shipping costs, you can earn a profitable amount quickly. Ecommerce does require some upfront costs which could be daunting, but if you do plenty of research and work hard, your first sale will make it all worth it!

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We hope this tiny list of ideas we have provided spark some creativity in you and you can come up with your own unique ideas or make money in one of the ways mentions. If do not want to make big investments upfront, definitely try out alternatives to the ideas provided where you can work remotely. We wish you all the best in your endeavors!

See also: https://startuptalky.com/best-small-business-ideas/

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