What makes a good business idea?

Despite the NHS not every hospital service is free and hospitals still need to be paid, usually by health insurance companies. With a qualification you could set up a home based medical billing service, involving management of invoices, collection services and resolving claims on behalf of healthcare facilities or doctor surgeries. Think about products or services that cost the least to offer but make a good profit, like turning potatoes into chips. Consider whether you can charge more by offering a ‘premium’ product or service. There are loads of print-on-demand publishers that will help you do this.

Download your free in-depth guide to the best small business ideas in the UK. Get instant access to expert hints and tips in the click of a few buttons. The British Chambers of Commerce exists to make a difference to businesses. It offers critical business advice, services and skills development. We help businesses of all shapes and sizes, from start-ups to international organisations, through every aspect of running a company. If you need help with accounting support services, company secretarial matters or understanding tax implications, contact our expert advisors here.

Gardening company

Sir Richard Branson has said in numerous interviews that many of his ideas were borne out of frustration. His solution was Virgin Atlantic Airways, offering high quality, value for money flights. Their owners simply don’t have the money to settle their bills when payment is demanded. Having natural ability is hugely beneficial, but with time comes knowledge and experience. There’s also plenty of advice, support and practical resources for new businesses – if you look in the right places.

Customers must feel there is long-term value in your products or will be unlikely to buy from you. Also, this value must be clear – murky benefits will be difficult to sell. Unless you can sfcarinsurance.net quickly and clearly prove your products not only solve a problem, but also do so more efficiently than products supplied by your competitors, you’ll have a hard time selling your services.

  • Another dropshipping model, print on demand puts inventory, shipping, and fulfillment in the hands of a third-party supplier.
  • Landscaping, also referred to as lawn care, means modifying and maintaining the visible features of an area of land.
  • Copywriter use to mean someone who created content for advertising material.
  • IT support businesses are largely knowledge-based endeavours that will require you to have a good understanding of different operating systems, security systems (including anti-virus) and hardware .

In some cases, you may need to have a license, particularly if you’re doing this on a commercial scale as with a cattery or kennels. A good understanding of animal husbandry is a must and the specific. You should also have a good vet on speed dial to cover any pet health needs and make sure you have the correct insurance in place. The business model for petting sitting is quite simple, you collect peoples pet/s from their home or they will drop them off to you. Then you look after the pet/s at your home or property for the agreed period . Very similar to an accountant but a little broader and generally focused on personal finance in most cases.

Home grown vegetables, fruit and flowering plants

We’ve all been in that situation where the party comes to an abrupt end because the fridge is suddenly empty, and of course all the shops are now shut. Now you can take advantage of this moment by providing a much-needed delivery service for party-lovers everywhere! Students and professional events alike will use this type of business, so as long as you meet the legal standards, have a car and don’t mind working nights, you’ll do well. It’s easy to join as a member, and as soon as you’re approved, you can start uploading images.

Popular YouTube stars make a ridiculous amount of money in advertising revenue. One viral video can lead to YouTubers becoming overnight stars and racking up huge amounts of revenue (YouTube averages pay-outs of £1,750 per 1 million views). From there you register on UpWork and PeoplePerHour, then take on as many freelance gigs as you can get your hands on. To establish your profile and get work you should get a strong portfolio in place and acquire a decent number of positive reviews (you can price yourself cheaply on quick pre-set jobs to get this in place). Workspace® is a registered trade mark of Workspace Group PLC, London, UK. 60 iconic properties throughout the capital, from Chiswick to Camden, Waterloo to Whitechapel.

Business consultant

So if you’re opting to go this route, you may want to take a forward-thinking approach and look for vending machines that offer touchless options. As of April 2022, there are over 4.65 billion active users around the world. Between YouTube, Instagram, Facebook Messenger, TikTok, and all the other social networks available⁠—brands need help managing their accounts. People already want coffee, you just need to make them want your coffee. You could earn as low as 5% for each sale, while some commissions can be as high as 50% if you’re promoting a class or event.