Surely you’ve heard of the expression “Great Resignation.” It represents the millions of Americans who have decided to forsake traditional jobs and reconsider how, when, and where they work since the onset of the COVID-19 pandemic.
According to the US Department of Labor, 4.5 million people abandoned their jobs in November 2021 alone.
However, this does not imply that they are avoiding labour. Instead, many Americans started their own enterprises, emphasising the importance of setting their own hours and allowing more time for family and other activities. 4.4 million business applications were lodged in 2020, when the pandemic began. According to NPR, the overall population in 2021 will be 5.4 million.
If you’re a member of the Great Resignation — or considering it — there are lots of small-business ideas that may transform your past employment experience, as well as your passion or hobby, into a profitable company.
If your small business idea meets a need, it will be a huge success. Take a look at these money-making business ideas for 2022.
1. Consultation
Companies or people may be prepared to pay a high price for the skills you acquired on the job. Consultants are needed in a wide range of fields, including finance, human resources, career development, and management.
According to IBISWorld, the management consulting market is anticipated to be worth $263.5 billion in 2022.
2. Home Staging Expert
Homes that have been “staged” for sale provide potential purchasers a sense of what a property can be like. Stagers can reposition furniture to its optimum usage after homeowners have packed away their stuff and reduced the space to bare bones.
Experienced home stagers buy furniture and accessories to utilise in homes, but you can start with what the sellers already have if it’s in decent condition. According to the National Association of Realtors, staged homes sell more quickly and for more money, making the investment worthwhile for homeowners.
3. Workout Guru
Workouts shifted away from gyms and fitness facilities during the epidemic, and some exercisers decided they preferred the ease of a home workout. Even so, the same treadmill and workouts may not be enough to drive other people to become in shape.
Create new exercises and routines and demonstrate them on Facebook Live and YouTube. These sample films may entice customers to pay for online access to your entire line of creative fitness routines.
4. Pet-related services
Because they spent so much time working from home during the epidemic, 19% of Americans surveyed by the ASPCA bought a dog or cat between March 2020 and March 2021. As a result, a number of pet-related services, such as dog walking and animal training, have become available. According to the Bureau of Labor Statistics, employment of animal care and service workers will grow by 33% between 2020 and 2030.
5. E-books
To begin creating e-books, all you need to do is choose a topic that you want to write about and that people want to read. The Amazon Best Sellers list displays what people are reading and purchasing on Amazon.
If you want to self-publish, there are numerous venues on which you can sell your work. Amazon’s Kindle Direct Publishing, Apple Books for Authors, Kobo Writing Life, and Smashwords are all good examples.
6. Specialty Items
This is a unique take on drop-shipping. Create your unique designs and upload them to your favourite print-on-demand service. When a buyer buys one of your products, the platform prints it and ships it on your behalf. Fine Art America, Zazzle, Society6, and Printful are all popular platforms that allow you to customise a wide range of products with your designs.
7. Office Space for Co-working
With the growing popularity of remote work, you can design a modern co-working space that addresses issues such as the cost of renting office space, decreased productivity, and even loneliness.
Choose a convenient location in the heart of the city and equip it with high-demand amenities like high-speed internet, conference rooms, and team-building activities.
8. Online Courses
You might start teaching online lessons if you are an expert in a particular field. Create instructive information in the form of videos or other media. Then post and sell the content on a platform like Udemy or Skillshare.
9. Assistive Technology
Many business owners require assistance with day-to-day chores. To provide administrative help, you might work remotely for a corporation or an individual. According to FlexJobs, common responsibilities include monitoring social media accounts, calendars and timetables, organising trip arrangements, and processing paperwork and records. Although some firms, such as VaVa Virtual Assistants, provide a platform to connect VAs with jobs, creating a direct customer list can be more profitable in the long term.
10. Beauty Products That Are Both Eco-Friendly and Healthy
Create safe and environmentally friendly merchandise to satisfy people’s desire for eco-friendly and healthier products. Research the materials and techniques for producing the items (suppliers such as MakingCosmetics and MakeYourOwn.Buzz have instructions and formularies to get you started), and then create eco-friendly products to sell online and in-person at vendor fairs, farmers’ markets, and local shops.
11. Development of a Chatbot
Many company websites employ chatbots to connect with you anytime you require assistance. Create a chatbot and reach out to businesses in need of such a service. To create a chatbot, you don’t need to know how to code; if you have basic IT skills, you may use a chatbot building platform like ManyChat.
12. Web Design and Development
Develop websites for small enterprises or individuals to start earning money. You can design sites using templates and widgets on platforms like WordPress, Wix, and Squarespace, or you can learn how to code sites from scratch, depending on your ability level.
To improve your product line and your chances of gaining a new client, work with a professional copywriter.
13. Online Coach
To help you promote your material, create a YouTube channel. You can educate others on any subject in which you are knowledgeable. You can also become a life coach and charge people to attend your sessions once you have an audience if you have demonstrated managerial and leadership qualities.
14. Professional Resume Writer
Many people require a resume, but not everyone has the skills or knowledge of resume formats. This does not necessitate any beginning funds, but it does necessitate the ability to construct a unique resume that is compatible with resume screening tools.
15. Handcrafted Goods
To make money, you can create your own items. Start making soap, candles, ceramics, or jewellery after researching options that suit your abilities and interests. When the products are finished, promote them on social media and in person at local locations.
16. Organizing an Event
Create a local event planning service that focuses on specific types of events, such as weddings or business meetings. You will be more successful if you have a network of trustworthy vendor contacts.
According to the US Bureau of Labor Statistics, the number of jobs in the field would increase by 18% between 2020 and 2030.
17. Proofreading and content editing
You can give editing and proofreading services to organisations and people if you are an expert at recognising grammatical problems, typos, and poor sentence structure in written text.
18. Graphic Designer
You can offer your graphic design skills if you can create logos, website and blog images. You can work your own hours and begin accumulating tasks for your portfolio. Many businesses want graphic design assistance for a range of initiatives. To begin, post your services on freelance websites such as Fiverr and Upwork.
19. Personalized Clothing
The personalised clothes industry is gaining traction, which means it might be a reliable source of revenue. You can begin with hemming and patching, then utilise your sewing machine to update or design new garments for your customers.
20. Blogs
If you share original and useful stuff on your site, it can earn you money. Choose a niche in which you excel. You can make money through affiliate marketing or advertising once you’ve built up an audience.
21. Flipping Websites
Purchase a website and improve the appearance and content. After that, you sell it for more than you spent for it. In a similar vein, you can build a website, fill it with SEO-friendly content, and then sell it.
22. Virtual Reality Experiences
Virtual reality is the way of the future, with a projected market value of $44.7 billion by 2024. The options are unlimited if you have content-creation talents or can work with someone who does, and you have the financial wherewithal to purchase the necessary equipment.
Virtual reality is or might be useful in a variety of businesses, including real estate, entertainment, games, fitness, dating, and healthcare.
23. Interior designer
Many professionals want their homes to have an exquisite appearance. The hefty expense, on the other hand, can be a stumbling block.
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You can establish a business providing low-cost interior design services and target young homeowners as you grow. You’ll need a licence or registration in some states, which may include completing the National Council for Interior Design Qualification exam.