They say beauty is in the eye of the beholder—and, as it turns out, the same can be said for the best small business ideas.
There are tons of small business ideas, and what defines a “best” small business idea largely depends on an aspiring entrepreneur’s personality and skillset (and its potential to earn you money, of course). So, when you’re considering the best ideas for your future small business, you’ll need to answer a few clarifying questions, including:
- What are your interests?
- Where is there a need in the market, and how can your skills satisfy that need?
- Who is your ideal client?
- What is your ideal work environment?
Your answers to these questions should point you in the direction of a certain industry. But if you’re not quite ready to dive into self-reflection—or if you’re curious about expanding your horizons—take a look at this list of 2018’s 40 best small business ideas.
These 40 small business ideas suit soon-to-be entrepreneurs in a range of industries, and with a variety of interests, but there’s a need in the modern market for all of these services. So, if you’re qualified to start a small business in any of the following fields, you just might find some serious success by striking out on your own.
Best Small Business Ideas for B2B Thinkers
One of the most lucrative customer bases for small businesses are, in fact, other businesses. If you ever worked for a large company, you likely know that those businesses often require outside services. So, instead of continuing to work as an employee, use your skillset to strike out on your own and start your own B2B business.
1. Accounting & Bookkeeping
Are you a licensed CPA or a business accounting softwarewizard? Your less math-friendly entrepreneurs could use your help in keeping their personal and business finances in order.
As a bookkeeper, you’ll process invoices and payroll, compile expense reports, and more. If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents, and make your professional recommendations about your client’s bottom line.
If you have the skills to make your own accounting or bookkeeping service happen, then this is the best, and most lucrative, small business idea for you.