8 Best Small Business Ideas to Make Money in 2021

By Neil P. First Posted: Dec 28, 2020 10:51 AM EST

(Photo : Unsplash/bruce mars)

The year 2020 is a tough and difficult time for small businesses. Thousands across the country have decided to shut down their operation due to the pandemic. But a business can survive by adapting to the new trends.

The global pandemic has negatively impacted the business industry and forcing thousands of them to shut down their operations.

The only way for these businesses to survive is to adopt the new trends of operating a business.

Here are some of the business ideas to start in 2021, according to Business News Daily:

1. Consultant

If you have vast knowledge in a specific field like business, social media, marketing, human resources, leadership, communication, and more, you can start your consultant business.

This can be a lucrative option and then grow your business and hire other consultants over time.

2. Online Reseller

This is also a very lucrative business this 2021 but this needs patience and dedication. If you are passionate about clothing and have good eyes when it comes to design, then try to consider starting an online reseller business.

This is a great idea to start a business in 2021 as more businesses are becoming digital.

3. Online Teaching

Online teaching is one of the in-demand online jobs today. Most especially that in-person classes have shifted to online classes.

This could be a good venture most especially for those who have advanced knowledge of English. You can teach English to foreign students through online.

4. Medical Courier Service

Many individuals chose to stay-at-home to avoid getting infected. They also do their orders online. You can take advantage of this situation by offering a medical courier service.

As a driver, you would be responsible for transporting medical items like lab specimens, prescription drugs, and equipment.

5. Transcription Service

A transcription service is a great business idea that allows you to work from home with a flexible schedule. There are many sites that offer transcription services.

To boost your business prospects and justify charging more, consider becoming a certified transcriptionist and delving into a few specialties.

6. Translation Service

According to research conducted by IBISWorld, they found out that there was a decline in this industry in 2020. However, translation service is projected to boost and will have its growth this 2021. This is because the internet has opened up entrepreneurs in other countries to English-speaking markets and vice versa.

7. Food Truck

Indoor dining is limited this time in many locations across the country due to the global pandemic. Putting up a food truck might be a wild idea but this is one of the growing industries at the present.

The overhead and upkeep for truck costs significantly less than owning a restaurant and you have the added benefit of mobility.

8. Graphic Designer

Online businesses are growing in this time of global pandemic which means that more businesses are looking for a graphic designer to make their promotional materials.

If you've got an artistic streak and know how to organize content into a visually pleasing format, you can start a graphic design business to provide flyers, digital ads, posters, and other engaging visual materials.