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The Best Small Business Ideas of 2023

According to the Census Bureau, Americans filed documents to start new businesses by 24% in 2020, and the number will be even higher in 2021.

We researched trends in several industries over the past year to help aspiring business owners find ideas. Whether you're interested in the food industry or professional services, here's a list of small business ideas to get your job flying in 2023.

Sell Professional Services

The latest census data shows that the professional services industry is one of the most in-demand industries, as more and more Americans look for easy ways to market their skills. Here are some of the best options you can consider:

  • Consulting: While all consultants provide expert advice to professionals, there are two main types of consulting businesses: strategic consulting and management consulting. Strategic consultants help businesses address specific questions about where they want to go, while management consultants often specialize in a specific industry, such as human resources, finance/accounting, or IT.
  • Pet grooming: Pet ownership is on the rise, with some 23 million households adding a new pet during the pandemic. This creates a need for more pet services and pet-friendly businesses. Your business can start pet grooming by gathering the right tools, scheduling appointments, and keeping in touch with clients—an industry that also has potential for growth.
  • Event Planning: The event planning industry is booming. That interest will only continue to grow as spaces across the country reopen and in-person events become more popular. There are a variety of ways to start an event planning business, including volunteering your services first; taking knowledge and networking classes, and trying out different types of events for contacts in your network.
  • Personal training: Health, fitness and personal training have been in high demand in the new year. 
  • Cleaning Services: The cleaning industry is primarily divided into two categories: consumer cleaning services for residences and commercial cleaning services for businesses and corporations. When you're first starting your cleaning business, identifying a specific niche can help with marketing, pricing, and overall strategy.

Breaking into food, drink, and restaurants

Opening a full-service restaurant can be a daunting task for first-time entrepreneurs, but many business owners have entered the food and beverage industry in creative ways and achieved success before pursuing growth and expansion. succeeded.

  • Limited Edition Drops From Home: Start small to test your idea, but go big with marketing. Launched in 2020, Last Crumb is a direct-to-consumer luxury biscuit brand. They built a waiting list for creative flavors and well-prepared cookie treats.
  • Community-Centric Spaces: Eyes Wide, Hands Open is a great example of how a community-focused business can evolve. Angie Evans and Kat McIver started selling specialty coffee and pastries at local California farm markets, using savings, the support of some clients as investors, and by building a full-fledged business to get a more accessible loan, which led to the finalization of a brick-and-mortar cafe. They often work with the local small business community as well as the LGBTQ Center in Long Beach.
  • Specialty Stores and Products: If you have an idea that stands out, try to specialize. Fishwife, a mid-pandemic success story, aims to bring enthusiasm for canned fish from abroad to the U.S.

These small business ideas are great for you to start in 2023, and dropshipping is popular these days too!

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