The advancement of technology has opened up new avenues of success that didn’t even exist just a few decades ago. There are countless people across the globe today who just require an internet connection and a computer to make a decent living. The rise of social media has created many different business opportunities as well with people making successful careers by building online audiences. That doesn’t mean that opportunities have dried up in more conventional areas of work. However, these advances can now be leveraged to grow even the most basic of home-based businesses. You can easily begin marketing your services by establishing an online presence and that puts you on the path to become a profitable business. This list of the most profitable small businesses in 2019 provides you with a glimpse of the possibilities that exist.

Food Trucks

This is perhaps one of the oldest business ideas out there. What’s remarkable is that it’s still thriving and social media can now play a major role in ensuring that you always have a steady stream of customers coming in. Many enterprising cooks are turning to food trucks as rents in major cities have reached unimaginable heights.

Setting up a full-fledged restaurant in the center of New York City requires a lot of money but if you can come up with a food truck concept that allows you to make the kind of food you want, you could end up saving a significant chunk of money and reach your customers through a food truck.

However, saturation is a major concern with food trucks, particularly in big cities in New York. You’ll find a food truck on every street corner in the city. The best bet would be to start in a location that’s not as saturated and create some buzz around your business venture before diving headfirst into a highly competitive landscape.

Personal Training

This is a type of business that requires significantly less capital to begin. There’s high demand these days for fitness trainers. People are becoming more conscious of their lifestyles and are actively trying to lead healthier lives. Many prefer working with a personal trainer to achieve their fitness goals.

This is a business that you can build out without even working for a chain gym. You don’t necessarily need to have your gym where you train clients. You can start as a trainer that visits the client instead, for example, and take only the most basic of equipment with you or focus on the kinds of exercise that require little equipment, to begin with.

The net profit margins in this business can be pretty high since your overhead is going to be low. There is a health and fitness wave happening now and this is about as good a time as any to get into the personal training business.

Online Courses

The internet is now the primary source of information for people across the globe. Think about what you do the moment you hear about something that you’ve never known before. You take out your phone and search for it on the internet. More and more people are now turning towards the internet to learn new skills which is why creating an online course is a great small business idea.

Your business venture in this space could be an online course that teaches other people how to start a business, create a business plan, learn graphic design, social media marketing, and more. The possibilities truly are endless.

It’s a great way to build a recurring income. You just have to create a comprehensive course the first time and then you can continue to update it as and when required. People who find it worth the ask will be more than happy to pay for it.

Legal Services

Most people need legal services at some point in their lives, particularly small business owners who can’t afford to hire a law firm. Granted, this would require you to have legal knowledge in the first place, so it’s an avenue that you can work in if you have the requisite education and expertise.

People are increasingly looking toward online legal services to help out with tasks that don’t need full-fledged legal representation. Take LLC formation, for example. Nobody needs to hire an actual law firm to handle all of the formalities required to form an LLC.

That’s something which is routinely being handled by online legal services these days. You can even provide services such as legal drafting and consultation all remotely and without ever having to set up an office with considerable overhead.

Online Bookkeeping

Much like online legal services, many small businesses rely on online bookkeeping services to ensure that their company’s finances are in order. That’s because conventional accounting firms don’t really come cheap and it can often cost more for companies to have an in-house department to look after all of this. So it’s much more cost-effective for small businesses to hire an online bookkeeping service that can take care of this for them.

You would require professional credentials before you win clients who trust you with their money. Someone with a CPA will find it much easier to at least get a discussion with clients compared to a person who has credentials in the first place. Just the CPA label won’t be enough, though, clients would also be interested in knowing if you’re a member of a professional bookkeeper organization as well.

Repairing Electronics

This is another small business idea that requires a skill. You can’t be messing around with customers’ electronics if you don’t know what you’re doing in the first place. People have multiple electronic devices these days and they can often damage them. When that does happen, they just want someone to fix it quickly.

If you can handle tasks like repairing a broken smartphone screen, replacing a laptop’s battery or hard drive, setting up a smart home network, etc. then this is a line of work that you can consider.

One way to keep overhead costs low would be to visit clients at their location for the job. This allows them to have peace of mind since you’ll be repairing their device right in front of them as well.

Social Media Marketing

The social media marketing industry has seen significant growth over the past few years. They’re particularly great tools for increasing the visibility of a small business. Many people have made a business out of helping other businesses establish a social media presence.

If you’re savvy enough, there’s no shortage of clients looking for affordable options compared to full-fledged marketing firms. You would need to have experience with running campaigns but it’s not something that you can’t learn from online courses.

Logo and Graphic Design

Businesses that maintain a social media presence require logos and graphic design services. Even if you’re not adept at running promotion campaigns on social media but know your way around graphic design, you can easily make a business out of it.

There’s a lot of potential for freelance work in this area as well and those who are experienced in this kind of work can easily complete their projects within a few hours. This allows them to have a faster turnover of clients.

Cleaning Services

This is yet another business idea that requires relatively low capital to start. If you have a means of transportation and adequate cleaning materials, you can start a cleaning service tomorrow. This isn’t something that requires a lot of training and is a service that’s always going to be required.

You can gain an edge in this field if you can offer some services that many of your rivals don’t. For example, you could offer professional detailing services for your clients’ vehicles or you can have people on your team that knows how to properly polish silverware. It’s those kinds of differences that can make your cleaning service business stand out from the competition.

Personal Stylist

People are becoming more mindful of their personal style largely due to the prevalence of social media and the constant need to project an image of themselves. You’d be surprised how many people don’t have a personal style and often wish that they had someone to help them out.

If you’re someone who has an eye for fashion, this is perhaps the best time to be in the personal styling business. This is a venture that you can launch from just an Instagram account. People will see how nicely put together your outfits are and learn about your process for picking out the right outfit for every occasion. They will reach out for help and you can offer them your professional services.

There are Many Other Profitable Small Business Ideas out There

This is merely a list of ten of the most profitable small business ideas in 2019. Business owners put their twist on these ideas to create something unique in the market. People also think of new ways to leverage technology to create a business every single day. You could be one of them too! The important thing is to take initiative and to start doing what you feel strongly about.