Thinking of Good Business Ideas

This is one business where you can start small and scale to a serious size. There’s also big international demand in UK auctions driving up pricing on many antique items significantly. As you expand, you might also consider creating a virtual assistant agency, managing other assistants who can work with clients on your behalf.

Upwards of 500,000, Londoners and tourists visit the market every week, that’s a lot of potential customers. User testing is where you test software, websites or applications for bugs through general use or by carrying out specific actions . A company commissioning user testing will generally give you access to and use of software to record/spot bugs/errors. User testing varies greatly in terms of complexity and the fee paid. Copywriter use to mean someone who created content for advertising material.

Pet sitting

The beauty of consultancy is you can work from your own home or onsite for clients where needed. To get started you’ll need to be an authority in a particular subject matter where there is a demand for outside advice. To start building your security empire, you’ll need to some experience in physical security (self-defence, security routines…). To cover multiple shift patterns and businesses you’ll also need several team members, uniforms and equipment such as flashlights .

You’ll also need to be comfortable using a CRM and marketing automation tools needed. The days of street touts selling tickets have largely gone as resale has mostly moved online. To get started you’ll need to create accounts on Viagogo, Biletto and other secondary ticket market sites. To make this business work will require buying many tickets, meaning you’ll need a fair amount of capital available to buy and hold tickets until it comes time to resell at a mark-up.

  • These are hazards that most homeowners are not equipped to deal with.
  • Financial advisers are required to be registered and regulated by the Financial Conduct Authority.
  • In fact, it’s one of the quickest and cheapest businesses to start.
  • Dropshipping is an easy, low cost, business idea to start and the first of our good business ideas.
  • Once you’ve got one market stall successful running, you can start hiring part-time workers to run a stall during the weekend and start expanding to multiple stalls or markets depending on demand.

In either instance, you’ll also need to get the relevant hygiene ratings, catering licenses and insurance . If you love cooking and can handle catering for the masses, a catering company is an excellent small business idea for you. You can work from home and start providing catering in the form of pre-defined buffets , then progress to more complex catering services . When you launch a new software/web product or service, it takes a shed load of time to iron out all the bugs and errors.

Your property

Understanding if your idea has the potential to make money and the ability to last the distance will also help convince investors that your start up is worth funding as well. Your experience, knowledge of your sector, market and running a business, skill, personality, attitude and commitment will have a great bearing on your chances of success. If you don’t have what it takes to start and run a business, even the greatest idea might not work as a viable venture. Before you start up, you must thoroughly test the viability of your business idea.

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Going for ideas that help your community or local charities can do just as much for your CV or personal satisfaction. You can sell the guide on, or give it away for free and ask businesses to pay a small fee to be included. Assuming you’ve not got the skills to design them yourself , pay a flat rate to a freelance graphic designer to create popular web graphics or icons.

This business can be set up at home but its arguably better to have an office where clients can meet you to discuss their investigation needs privately. Painting and decorating are essential services most homeowners, renters and business owners will require at multiple points throughout their lifetimes. Although very time consuming it’s a very simple business idea and is typically quite well paid although competitive market . A training business comes down to your level of expertise and ability to sell in clients .

A swapping site is a great small business idea to help match those wanting to borrow something with those who have something to offer. Or maybe one that matches students who want to see the UK with those who live in other towns. Whether it’s related to your current course or your dream career, you can offer your skills to people who need web design, illustration, writing, admin support and much more. Of course, you should make sure you read our guide to making money on Etsy before you get started.

If you’re a creative person with a love of flowers, then you can start working on designs and displays for all sorts of events, such as weddings, funerals and private functions. To work from home, you will need a workroom of some kind where you can keep your tools and supplies, as well as a cooler if you are using fresh flowers instead of silk artificial ones. If you plan to deliver your creations then you’ll also need a van. Childcare is one of those services which are always going to be in demand as there is no shortage of working parents in the UK. Child safety is obviously paramount in this line of work, so an up to date Disclosure and Barring Service check is an absolute must-have. You will need other certificates or licenses to be able to operate, such as food hygiene and first aid.