Top 5 small business ideas for women

Top 5 small business ideas for women

Being a woman is playing so many roles at once and switching between them in a blink of an eye: from mother to wife, then to the office employee and back. In this respect, a fulltime job is not always the best option. And this is where an idea of starting a small business comes in. Running your own project can grant you flexibility and independence as well as personal fulfillment and life-work balance.

Below is the list of the most rewarding business ideas that you can start up with the skills you already have and with zero or minimum investments:

  • Foodservice business
  • Blogging
  • Freelance
  • In-home childcare 
  • Selling online

Foodservice business

Foodservice business

Do you enjoy cooking, baking, or making marmalade? If so, you can turn your passion into your profession. Focus on a limited variety of products and their quality, rather than offer a wide range of options. Choose your niche — whatever you like best and whatever you are good at: cupcakes, homemade cookies, tacos, jam, candies, etc. Then produce the food for sale, package it and sell:

  • You can sell homemade food door-to-door. 
  • If you make cookies or candies, place them in nice little boxes, add a note with a personal wish, and resell them to a local gift shop. 
  • Rent a table at a Sunday food market. It can help to find your first clients and start collecting orders.

You may need to get special licenses and permits for this type of business, please contact your local authorities like the FDA District Office and the state and local regulatory agencies to make sure if you need to get special permissions.

Besides, you may need to introduce some changes to your insurance program, so get in touch with your insurance agent to settle it down.

Blogging

You can earn money with your blog

If you are good at writing and taking photos and enjoy making content for social media, blogging can offer you many possibilities. You can work flexibly and make money from the ads and affiliate programs. Here is how you can start:

  • Find the platform for your blog, it can be either WordPress with numerous themes and layouts or platforms like Blogger and Tumblr.
  • Choose your niche, it should be something you are passionate about and have some sort of expertise in. It can be parenting, gardening, finance, music, cinema, literally anything you love.
  • Design your blog so it reflects your personality as well as what the blog is about. Make sure it is easy to navigate in your blog and visitors can find what they need.
  • Promote your blog with all possible means. Tell about it on your social media, focus on what your subscribers will benefit from reading your blog. Try out running Google or Facebook ads to promote certain posts. Create quality content that will engage people and make them come back for more.

Freelance

Think of the skills you already have: typing, photographing, accounting. You can make them work for you. Join UpWorkFiverr, PeoplePerHour, or Freelance to find projects you can fulfill as a freelancer. Here are the basic rules that will make the process easier: 

  • Send proposals on the projects that truly interest you and that you can cope with.
  • If you are a beginner, think of creating your portfolio, not only making money.
  • Be reasonable when sending proposals, do not overestimate yourself, do not propose more than you can handle.

In-home childcare

Open an in-home childcare

If you are great with kids and do not mind taking care of them, you can set up in-home childcare. Let your neighbors and friends know that you can babysit at your place while they are at work. This is especially convenient if you have kids. As it will let you take care of your children and earn some extra money. To learn more about operating daycare business, check out Care.com.

Note, that you need to make sure childcare endorsement is added to your homeowner’s insurance — as kids are kids and someone may get hurt. Besides, check your State regulations on the number of children you can care for without a license.

Selling online

In case you have a minimal budget you are ready to use as your initial investments, try out e-commerce. Here is what you can do:

  • Re-sell low-cost items on eBay or Amazon. You can find and buy cheap products on Alibaba or Aliexpress, add your profit to their price and upload them to the marketplaces. 
  • Re-sell items from flea-markets. You don’t need to have a lot of money to start either, begin with a budget of $20-$50. Sell them in your online store or on a marketplace. To create a store you will need to get registered on any service that allows creating a website with a built-in e-commerce feature for free or at a moderate price (Wix, Ecwid, WordPress, etc). To get more info on how to turn your passion for visiting thrift stores and flea markets into a reselling business, check out this free workshop.
  • Re-sell products form dropshippers. Dropshipping is a model where you can sell products without needing to produce goods, store inventory, or ship products to customers. You can use products from Wholesale2B, Printful, and other dropshipping services, and sell them at your price in your online store. The main advantage of this business is that it requires no investment in inventory at all.