Keen to top up your income with a side business? Or are you ready to fully invest your energy into a new business venture? Either way, starting a business can be a rewarding challenge. With financial benefits and personal benefits, such as being your own boss and setting your own work patterns, you have the potential to change your life.
However the cost-of-living crisis, ongoing consequences of the COVID pandemic and the turbulent political landscape may make the idea of starting a business right now somewhat daunting. Even so, you can still have a successful startup in 2022! Pop on your creative hat and consider what business ideas stand the best chance to succeed right now. In other words, what’s your best investment?
Are you full of business ideas, but still haven't settled on the perfect one?
At rebuildingsociety.com, we understand that while you have great startup ideas, they might not all be profitable businesses to start today. We'll outline some of the best new businesses to start right now, which we hope sparks your entrepreneurial spirit. Go on, create the next big thing!
Ecommerce
With ecommerce on the rise, selling online is perhaps one of the best places to start if you are looking to commence a new business venture. This isn’t exactly shocking as, if you’re anything like us, online shopping has become a weekly activity since the pandemic! However, did you know that there has been a 27% growth in ecommerce in the UK in recent years? That’s a pretty big increase, you can’t deny! It might be a good idea therefore to start your new business online. After all, it makes sense to provide something that people want.
Ecommerce is on the rise. Why not take advantage of the trend and sell exclusively online?
Web Design
The second business we’d recommend investing in is web design. This partly relates to our first point given that, if people are selling online, then they’re going to need to have a decent website to do so. However, whilst many small business owners may be incredibly talented in many areas, they may not have the skills or knowledge to expand their business in an aesthetic and user-friendly way online, and that’s where you could come in!
Landscaping and Gardening
With so many people stuck at home due to COVID-19, interest in gardening has boomed. And we’re not just talking flowers and bushes, we’re talking fruit, veg and even a few chickens! With many desiring to protect themselves against potential food shortages as well look after their mental health, it is no surprise that so many people are wanting to invest in their garden. So, why not get on board with it as well?
Whether you help people landscape their outdoor space or sell luxury garden furniture, this industry certainly offers a lot of promise.
Cleaning
The fourth industry on our list isn’t particularly surprising! With a deadly virus having swept the globe it’s understandable why people want to keep things clean. Professional cleaning services would therefore be a great business to set up at this moment in time. In fact, a recent US report predicted that the professional cleaning industry will grow significantly between 2021 and 2026. So, perhaps now is the best time to get on board?
If this isn’t taking your fancy however, you could also take a different approach and bring ecommerce into the mix. For example, why not sell some high-end ethical cleaning products online? Combining both businesses into one, you’re bound to have a hit on your hands!
Driving School
The next type of business we’d recommend starting in 2022 is a little more specific. In the last 10 years, the number of driving instructors in the UK has fallen by 12%. Combine this decrease with 250 days of coronavirus lockdowns causing a rather large backlog in people wanting to take their test, driving schools are rather in demand. And as we’ve said, it’s always a good idea to follow the demand, so this could be the business for you!
With a theory test and 2 practical tests, the path to becoming a UK driving instructor is very straightforward. Read more on gov.uk.
Dog Walking
Within the first year of the pandemic, it is estimated that 3.2 million households welcomed a pet, a lot of these pets being dogs. At present, there are approximately 10.2 million dogs in the UK and all need to be walked. Whilst this may have been easy during the peak of the pandemic when people were working from home, this isn’t so easy now the world has started to open up again. That’s why dog walking is a good business to start. Not only is it a service that is needed, but it’s also something which is bound to make you happy. After all, who can complain about the prospect of spending your days outside in the fresh air with lots of furry pals?
Yoga
Our final business venture that may be worth a shot is yoga. Given the strain the pandemic has placed upon mental health as well as physical health, there is more need than ever for fitness practices that require minimal equipment and can be done at home. Although not everyone’s cup of tea, yoga is in high demand and many youtubers receive thousands of views on their yoga videos.
If you fancy feeling zen and helping others reach their mindful potential, this is definitely the business venture for you.
What business ideas best suit you and meet a current need?
All in all, the best businesses to start right now are ones that adapt to current needs. Startups which aren’t optimal, however, are those which require large amounts of energy, whether that's electricity or gas. So ventures such as a pottery-painting studio with a hungry kiln probably aren’t the best right now! Restaurants may also be risky venture, as many service staff have retrained and moved out of lower paid roles such as waitressing, and fewer European nationals are eligible to work in the UK.
All of the above, however, is simply guidance and of course, the nature of owning your own business is that it’s always unpredictable. Perhaps the best advice is to do what you love, and what you know. We hope this blog has been useful and we’d love to hear your thoughts about business ideas over on our social media. You might also want to look at our article about changes to the 2022 SME landscape.
Guest post by Charlotte Graver
