As 2022 begins, we seek to take a look at some of the most profitable small businesses that have been tapped. We’ll look at 10 of the best small businesses in 2022.
This is a very profitable niche and a business that has lifted a lot of people out of poverty. It includes importing physical accessories from the country into Nigeria. It is a risky business as there is a vulnerability if the information is not obtained from the right sources. However, it is very profitable and requires low start-up capital. There is also a need for proper training to prepare yourself to move forward.
This includes self-publishing content on a website to engage the audience. This has also paved the way for other opportunities as individuals are now using this as a way to sell their products or promote other people’s products on their own website. It is very profitable that it was raised in 2021 and can be started at any time because it requires low capital.
This is a small, self-propelled business that took off in 2021 because it involves writing content on various topics for other people and getting paid to do it. This business is one on this list and one can start without capital.
The requirements are; Good internet connection, smartphone or laptop, trusted client and you are good to go. There are freelance sites like Upwork where one gets a high paying client and finds good jobs.
Affiliate marketing involves finding other people’s products, promoting products, making sales and getting a commission on every sale made. It is very profitable and requires little or no capital. It is also a self-paced business that allows finding any product and making sales.
Social Media Marketing
This is a very crucial role in a successful online business. It is using the power of social media to engage customers and increase sales as well. It has also served as a source of income for people, as it can help companies increase their sales by making use of social media. They get paid hourly to do this. It is very much a business to start in the online space as it requires less capital.
Actual business, but rather profitable business. This is a kind of service that requires washing other people’s clothes and getting paid. Although it is quite expensive due to the cost of the washing machine, it is well worth doing.
Catering is a service provided to customers who want to taste high quality foods, cakes, etc., and it involves getting paid to serve delicious meals to other people. They are needed in many events and celebrations. Very profitable business tapped into in 2021, still needs to be considered moving forward.
Mobile phone repair
One of the phones might be faulty, but you don’t have to worry because we have people who get paid to fix the faulty phone. Mobile phone repair was a profitable business in 2021. It requires you to purchase equipment and find space to start the business. However, he is one to reckon with.
Programming and Coding
Being able to write computer languages to build websites, develop software, and build APIs is a very profitable business. The demand for software developers has increased significantly in 2021 and its growth will not show any depreciation in the coming years. With a good laptop and the right apps, one can start programming at no cost and expand to build wealth.
Correct knowledge of business dealings can turn an individual into an assistant to another company. With little cost, one can build a successful consulting business to help other businesses grow and generate more sales, in addition to achieving desired goals. Knowledge is the main requirement for consultancy.
There are a large majority of opportunities available, and the most important thing is that you find what works best for you and take action. Always, action takers are the money makers.