Best Small Business To Start
The Best Ideas for Starting a Small Business in 2023
2023 is the perfect year to launch your own small business.
With new digital platforms and technologies emerging, it’s never been easier for entrepreneurs to get their ideas off the ground.
Whether you are looking for a side hustle or a full-time gig, starting a small business has the potential to bring financial freedom and career satisfaction.
There are countless business models you can choose from and the possibilities for success are endless!
Contrary to popular belief, launching a successful small business doesn’t require years of experience or hundreds of thousands of dollars in investments.
In this blog post we’ll also cover the importance of branding your new business, as well as go over why crafting a brand personality and hashing out your brand objectives to create a brand identity is ideal.
This aspect will provide you significant value as you want to create an impactful and authentic brand identity.
Here at The Branded, creating brands is what we do. For our small and big business clients, we help them scale from first sale to becoming a global brand.
We prioritize their brand vision for them to reach their business and personal goals.
Today is the day you can start your very own small business, too.
A small business means allowing yourself to have the chance to grow as an individual and at the same time, it can lead to financial freedom while doing something you like.
We’ve categorized each small business ideas into these sections:
B2B Ideas
Arts & Media business ideas
Personal service business ideas
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Why Start A Business 2023?
The real question is why not?
Let’s go over the benefits of starting your own business.
You have probably thought this over as you brainstormed ideas while crafting your brand story and development, so let’s go over them together.
Starting your own small business in 2023 has a lot of benefits:
It can lead to financial independence
Financial independence is personal and different for each individual. Starting your own small business will provide another avenue of income for you. This can help result in financial freedom and a way to provide for yourself.
Being your own boss
Being your own boss is a great feeling. Coupled with responsibilities, you’re in full control of the direction of your business and brand vision.
Meaningful work
Starting your own small business means doing work that you like and are passionate about. It’s meaningful work, and it connects to your own personal branding.
But with everything in life, there are, of course, risks.
It’s important not to dwell on the risks but instead prepare for them so that when if your brand plan hits an obstacle, you’re able to pivot in another direction.
Those risks can turn into high rewards. Remember, many ideas require time, money and some risk.
The Importance Of Branding
Branding your small business with strategy and creativity is something to keep in mind.
You want to make sure that everything is consistent, clear and relating back to your brand objectives. It should also relate to your brand vision, mission and values.
This will create an authentic and smart brand positioning when you start marketing your business on social platforms or through word of mouth.
A detailed brand bible guideline is a good place to begin. This is where you figure out your brand vision and brand personality. It’s also a place to have everything written down so that you can refer back to it.
You might also start thinking of wanting a website, possible future campaigns or content marketing planned out. Basically, a lot of branding and marketing services that are needed to create a long-lasting small business.
Consider us here at The Branded as your one-stop shop for success. We’re a full-service branding and marketing agency, we will help you find your voice, hone your brand image, and grow.
This will help you skip the guesswork and join the hundreds of companies that have followed our proven brand-building framework and gotten their brand and message out into the world.
Here at The Branded Agency, it’s not about our story—it’s about yours.
Let’s now get into the list of the best small businesses to start!
B2B Service Ideas for small businesses
Best small business to start - Business to business service ideas:
Career coaching
Career Coaching is a low-budget and low-cost small business to start. If you have a knack for helping your friends and family through career advice or even life advice, this could be it for you.
Career Coaching is a business where you help others try to figure out what their next move is.
It could mean figuring out the next move for their career or helping your clients nail an interview, plus more. This small business also helps with interpersonal development because the truth is, a lot of people need guidance from other human beings who have their best interests.
What you could do as you start is to slowly reach out to potential clients. Here is an in-depth post on career coaching methods.
Making a career out of career coaching could be your next step in creating a small business. As you grow your client base, you can also then start raising your hourly time.
This is great for someone strategic, organized and creative.
Digital Marketing
A small business in digital marketing is another way to go.
This is a broad term as it can apply to offering your digital marketing services in campaign managing, email marketing, or possibly offering all types of online marketing.
You’ll, of course, need to be an expert in this or someone willing to learn as you go, but it’s important to enjoy the work in digital marketing. After all, it requires a lot of research, strategy and an understanding of the digital space.
Digital marketing is a low-cost business to start with. It has the probability of a high return as well.
Event Manager
If you’re someone who enjoys organizing or has a keen eye for details, starting a small business in event managing could be something you can profit from.
Event managers can have a niche in planning specific events like weddings, or corporate events. But, you can also be a planner of all trades.
You would already be using your skills in organization, planning and coordination. Those skills are valuable. A lot of people tend to seek help for it so that they too achieve some structure.
One piece of advice in this industry is to make a lot of connections.
The more relationships you create, the more potential clients and people you reach. Think of your brand awareness. Also, it will help position yourself in the industry as someone who is willing to manage their events.
Arts & Media Business Ideas
Best small business to start - Arts and media ideas:
Social Media Manager
Become a social media manager or consultant.
Social media management is an achievable small business to start because every business, big or small, needs this service to thrive in their industry. You also do everything online, which makes it a great work-from-home job.
You, of course, can specialize in specific platforms like dealing with Instagram or Facebook ads, or you can do it all. You can even manage individual accounts and grow certain individuals' platforms, thus helping them in their brand strategy and development.
With social media management, you can find true growth in your business as it is also low-budget, to begin with.
Voiceover Artist
Are you willing to lend your voice to someone's project? It can mean more income for you.
If so, being a voiceover artist can be a small business you can start! There is a need for narration in videos, voiceover work in books, podcast voiceovers, and so much more.
This start-up could result in purchasing equipment needs, but if this is something you’re passionate about and you want to explore it, you can check out this master class on voice acting.
Publishing and Writing
If you’re a writer, you must find ways to share your stories and talent.
Self-publishing is a way to create a small business for yourself. This is a low-cost start-up that writers can explore as the possibilities are endless once you gain momentum. Self-publishing gives you a way to earn all the profit you deserve as well.
As a writer, you can also consider being a content writer, freelance writer or copywriter. These services in every industry are needed. Writing is something not everyone can provide, so people outsource and hire writers on contracts or make them part of the team as it is a job that requires a lot of creativity and talent.
Check out Fiverr or Upwork to get your writing and publishing small business started!
Personal Service Business Ideas
Best small business to start - Personal service ideas:
Resume Writer
Resume Writing is a great service to offer especially to Millenials and Gen Z. It’s tough out there!
Not everyone understands how to craft an appealing resume, let alone showcase their best self in a personable and professional way.
If you’re able to see someone’s strength and put that into writing, being a resume writer could be your next best small business to start.
You can also assist with creating tailor-made cover letters and portfolios to help clients land their next job!
Translator
Your next best small business to start could be becoming a translator.
If you speak another language, this could be it. The demand for high-skilled translators is high. This is a low-budget small business to start as well. You can check out Fiverr or Upwork to get started.
Creating a small business for yourself as a translation specialist is a great idea. It's a position that is in demand as well.
Make sure to build your portfolio, and you’ll surely gain more translator jobs.
Personal chef
This is a great small business to start.
If you love cooking, you can improve on your passion and make other people happy at the same time. So, why not profit from it? Here is an article that can help you with more details on becoming a personal chef.
This small business requires your skills and your passion to share your way of providing delicious meals. It can turn into something more, too.
By finding clients and putting yourself out there through marketing–you can start building a portfolio through your food images! This way people can find you and see your style of cuisine or style of cooking.
In this post, we see that advertising yourself is one of the best things you can do to make sure people know you are in business.
We can help you with the advertising and marketing part. Feel free to reach out to us.
The Best Small Business To Start In 2023?
The best small business to start?
It has to be something you are passionate about. It has to be something you like.
Scaling your small business is possible because that’s achievable with The Branded, but your passion for your small business is only something you can provide. That’s why we stress the importance of doing something you enjoy.
Your small business should be:
Something you like doing
Something you are good at or willing to improve
In demand: a business people will take interest in and support
You ideally want to hit all three points. If you cover all points, you’re on your way to brand building and your first sale or client.
We’d also like to note that it’s not always easy starting something from nothing–we understand this, so we’re here to help.
It takes courage and some risk to get to where you want to be. We hope this post has shed some light on ideas and provided resources you can use.
Free Templates For Your Small Business
Everything we’ve listed above will make you money.
With passion, drive and some risk, you’ll achieve your small business goals.
So, what’s the next step?
After you’ve gotten some inspiration and possibly found your next best small business to start, it’s time to implement brand strategies to achieve brand awareness.
With awareness, you can find clients, create a stream of revenue and build your business more.
Now, we'd like to provide 3 free templates for you to get a head start and continue your journey to create your own small business.
Here are some very specific step by step branding guides for: Real Estate, Lawyers, Accounting, Doctors, Dentists, Optometrists, Jewellery, Makeup & Beauty, Skincare, Pet Food, Fashion and Construction.
Valuable free templates courtesy of The Branded Agency:
We hope this helps you out. Remember, these small business ideas can one day turn into something more than a side hustle.
If you need help writing a business plan for your startup, checkout our guide here https://www.brandedagency.com/blog/writing-a-business-plan-guide
Pin it!
Don’t forget to *pin this* if you enjoyed the different small business ideas you can try out.
Feel free to check out our other blog posts here for more valuable information to scale your business.