10 Small Online Business Ideas That You Can Start In 7 Days

Millennials make 60% of their purchases online.

That statistic should be enough to convince most small business owners to shift their focus to the world wide web.

Small online businesses have many advantages over their on-site counterparts. The increased exposure and reduced costs due to a smaller/no physical outlet alone are significant benefits.

However, what makes online businesses even more valuable is how easily they can be automated. Websites and eCommerce UIs are getting smarter by the day.

Selling online can require minimal supervision, while still yielding great returns. This is why there’s no better time than now to start your small business online.

In this article, we help you with that decision by providing you with 10 small online business ideas!

1. Dropshipping

If you’ve been around the internet (and you have, probably), you must’ve come across this term. Dropshipping is simply selling without inventory.

How’s that possible? Through good networking, marketing, and social skills.

When an order comes to a dropshipper’s website to buy goods, the company simply forwards the order to their supplier. The supplier then ships the item to the end consumer.

You’re basically doing a trust fall with who your supplier is. To make sure you get caught as often as possible, research your supplier and make sure they’re trustworthy and diligent.

To make sure your supplier is happy, thoroughly and smartly market your products.

2. Selling Handmade Goods

If you’ve got a knack for craft, then this is perfect for you.

Handmade goods boast a charm and novelty that mass-produced items can never have. Therefore, they can become one of the best small online business ideas (for the soul).

This is why websites such as Etsy exist. They’re a great outlet for indie creators and artists to express themselves and sell their items.

It requires a lot more time and automating something like this is difficult, but carries the intangible feeling of achievement that cannot be taken out of the picture.

3. Becoming A Virtual Assistant

More meetings and tasks are being done online with each passing day. Therefore, virtual assistants are in demand.

Being a virtual assistant can give you the advantage of undertaking multiple clients simultaneously. That’s both an opportunity to earn more and a stage for comical mixups.

If you’re great at multitasking and won’t get Client A to Client B’s meeting and vice versa, you can add ‘virtual assistant’ to your list of small online business ideas you can potentially start.

4. Creating Apps

81% of Americans own a smartphone of some kind. And every smartphone has an app store from which users can download applications that help or entertain them in some way.

If you know how to code and have a sense of design (or know someone who does), then you can create an app.

However, the market is saturated. There are a bazillion (not an accurate number) apps across both Apple’s App Store and the Google Play Store.

To stand out you must really rack your brain and ideate to come up with something that adds value to users.

Apps can be one of the best small online business ideas that can be automated if done right. So, in Apple’s own words, Think Different.

5. Creating (Hobby) Boxes

Being a great gift-giver can and should not be limited to being a compliment. It can be one of the best small online business ideas.

One way you can do this is by creating gift or hobby boxes. You can help people discover hobbies and curate a box that acts as a starter kit for them.

This doesn’t have to be limited to hobbies. You can draw from cultural insights, personal experiences, and research about what people are looking for and give them a place to start via a very useful box.

While your initial time may go into curating and creating these if you do this right you can always hire a small team that you can train to handle this for you.

Check out 5 more business ideas that you could explore here.