To scrape up a profitable business idea can be difficult. However, you can set up your small business in 2022 with some planning & preparation. You can become a full-time boss of your own and earn a high commission every month.
Maybe you already have various small business ideas in your head. But you don't know which one to set up. We have gathered the top 10 small business ideas that you can set up in 2022.
- Affiliate program
If you are an active internet user, you can set up your business in affiliate marketing. As an affiliate marketer, you will sell products of different companies. This will enable you to earn high income on every sale.
- Print on demand
Dropshipping and print-on-demand are very similar, but there is a slight difference. In print-on-demand, you sell products that feature your creative design. You can set up this business without making a high investment. In this business you can save your time as you don’t have to handle the shipping procedure.
- Freelance Writer
Now-a-days, businesses are more driven with content strategy. It is the simplest way to draw the attention of more customers. You can set up your business in 2022 as a freelance writer and earn high profit everyday.
This business doesn’t require you to be an ace in technology. You should have enough knowledge of technology and skills of a writer. Also, you can earn as per the project, task or assignment that you have taken from the client.
- GST Suvidha Kendra
You can set up your small business with a franchise of GST Suvidha Kendra. In this business, you will provide GST services to SMEs, businessmen, etc,. You can also offer services other than GST such as:
- Bill payments
- Insurance payments
- Mobile Recharge
- Cable TV recharge
- Loan payments
- Wallet top-up
- AEPS service, etc.
This business has following requirements-
- An Indian citizenship
- A commercial area
- Morph device for finger prints, &
- Internet connection
The GST business doesn’t require a higher degree. If you have a 12th pass certificate, you can easily set up this business & earn high commission every month.
- Web designing
Websites are an important tool in business to attract more customers. If you have skills to creatively design website themes & plugins, go for a web designing business. This business requires a laptop, web design software & skills in HTML, CSS, Java, etc.
The web designing business can enable you to earn high profit every month with minimal investment.
- Data entry
If you are a beginner, data entry is the best small business idea to set up in 2022. Many businesses look for people who can aid them in data entry. You can initiate this business easily at home & earn a good income. This business requires an internet connection, laptop & basic knowledge of computer programs.
Due to the COVID-19 pandemic, more & more students opted for online learning. This increased the demand for online tutoring. You can set up your business as an online tutor. It requires expertise in a particular subject, a smartphone & internet connection.
You can provide your services through various means like Zoom, Google meet, etc,. & earn high income every month.
- Tour guiding
A tour guide business can be a great business for you, if you are a people person. Many travelers look for guiding ideas that are different from older ones. You can set up this business easily in 2022.
The benefits of a tour guide are-
- Travel opportunities to view new places.
- Meeting new people.
- Might get a tip from large groups, etc.
Before setting up this business, do your research. Take a few trips to your area & learn what different information you can offer to travelers. These few things will help to gather more clients & earn profitable commission/ income in 2022.
Dropshipping is basically a business process where the businessmen don't own or sell its product. They receive an order, bring the product from a third party seller and deliver the product directly to the customer 's address. The business owner does not have His/Her warehouse.
This business is the most popular business in the current century. Increasingly, people are getting indulge in it & earning high income.
You can easily set up a dropshipping business, as there is no investment in warehouse & inventory. This business requires an ecommerce site & a contact with suppliers. That's it. You are ready to earn a high income every month.
Catering has created a boom in the hospitality sector in the past few years. People providing catering services are earning high profits. This business requires you to make a minimal investment.
You can set up this business by following the below process:
- Create a business plan
- Decide budget & capital source
- Select your target audience
- Prepare menu
- Get license
- Take permission, and
- Hire manpower.
You can set up this business from home & earn a high income every day.
6 Tips to attract new customers for your small business
- Offer new promotions & discount
Customers do look for deals & offers. You can provide them various discounts, free gift wraps, buy 2 get 1 free offer, etc, on every purchase. Deals like this can attract new customers in small businesses.
- Reconnect with old customers
Contact your old customers & reconnect with them through email, text, call, etc,. This will raise a positive relationship between you & customers. It is important so that you can know their requirements & build mutual understandings.
- Ask for referral
Once you gain the loyalty of a customer, ask them for referrals. This will bring new customers to your business.
- Update your website
Websites are a primary way to attract new customers. Even its design aids you to hold customers for a longer time. Too many graphics can make your website slow. The customer can get turned off. So, make it simple, easy to use & regularly update it with new features.
- Take part in community events
You can raise your small business standard by participating in local community events. This will aid you to create goodwill & build up relations with other local businesses.
- Raise brand awareness
Meet new people, tell them what you do & who you are. This is the finest way to build a network & raise brand awareness.
A simple answer to the question “which small business you should set up in 2022” is not easy. There are numerous ideas to set up a small business. You should opt for the business idea that is workable & enables you to earn a good commission / income. We have given you the top 10 small business ideas that you can set up in 2022.
Kritika Rai is a Content Writer working at GST SUVIDHA KENDRA. In her free time, she reads the newspaper & listens to songs. Presently she writes informational content highlighting the importance of GST in India.