10 Hot Small Business Ideas for 2020

Not every new business is a startup. Startup businesses are designed to explode out of the starting gate and grow fast, raking in piles of cash as quickly as possible. Most entrepreneurs will never have a successful startup company. However, there are several tried and true methods for starting small businesses that will grow on a steady incline and have much more stability and longevity than most startup companies.


Accounting and Business Services

It should go without saying that there are certain schooling requirements to become an accountant, however it is one of the best businesses to begin if you do have the education for it. It requires very little overhead, and it’s possible to do from a home office. Once a clientele is built up, you should stay as busy as you would like to be and collect your pay on a regular basis without worrying about accumulating larger bills to pay as your

It requires very little overhead, and it’s possible to do from a home office. Once a clientele is built up, you should stay as busy as you would like to be and collect your pay on a regular basis without worrying about accumulating larger bills to pay as your profit margin and business grows.

Pet Sitting

Child or Pet Care

Babysitting and child care has come a long way over time. Having a trustworthy person to keep an eye on the little one has become a more difficult task. If you are good with children, starting a childcare business might be just for you. Depending on your business and which state it is in, there may be certifications required for keeping multiple children.

Some people might find that petsitting is just as lucrative, and far easier to get along with. Obviously, not everyone is great with children, but a cute furry face might be just the ticket to a happy job. For some, housesitting may become part of the petsitting job, which equates to a higher rate. For others, you might be petsitting in your own place, so make certain that you have ways to keep multiple pets from fighting with one another, such as separate rooms, different walking times, and so on. If you live in a large enough city and end up with a large clientele, you may end up wanting to open a pet hotel.

Green Consultant

Green Consultant

Make green by helping others go green. Educate yourself and become an expert on ways to make life more green for everyone. For some you might evaluate their home to find out where they are losing energy or how to gain green energy. You might be helping some people to find ways to combine errands to save time, gas, and money while reducing their carbon footprint. For others, you may end up searching in the waste bins of a business to find out what they are tossing out that they could be recycling or reusing. You may also find ways for businesses to consolidate shipments, reducing the overall number of truck shipments traveling to the business. There’s many people and businesses who could benefit from a Green Consultant.

Computer Repair

Computer Repair

If you happen to be one of the techie-type computer savvy people to whom all your friends turn to in a moment of computer crisis, you might be sitting on your own virtual goldmine. Well, sure you don’t want to charge your closest buddies, but there are heaps of people with computer problems who aren’t sure who to turn to. That could be money in your pocket if you choose to use your computer skills to start your own business. There’s no harm in starting small, as in a corner of your home until you grow into a larger place of business. When you’re tech smart and stay on top of the advances in hardware and software, there’s no telling how quickly your business will grow, but it is a sure thing that it will.

Online Seller

Web Based Sales

People love to shop online, and they could be buying from you. You could be reselling items on eBay or you could setup your own web store on your website. There are several places online that will even give you a catalog with photos that you are able to use and will drop ship direct from their warehouses; all you have to do is collect the money and type in the address for it to be shipped to. Of course, that might not be at all what you had in mind if you have a current product to sell and ship yourself. Also, hand crafted items from places like Etsy are also very popular.

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Repairman and Tool Rental

Handyman & Tool Rental

Not everyone is handy or good at DIY projects. If you happen to be one of those people, you could hire yourself out to do things as minor as heavy lifting, to minor plumbing repairs, to small in-home DIY projects that the owner can’t do themselves. Since not everyone is able to build an inset bookshelf or has the nerve to saw into their own drywall, there is a market for the handyman for hire. So long as you prove yourself useful and reliable – make sure you don’t overschedule yourself – your business and reputation should grow nicely. Also, you should be certain to check with your local laws to gain permits or licenses wherever applicable.

Also, if you happen to have a lot of equipment and tools, you could offer to do tool rentals and make some extra cash when you aren’t using that jigsaw or weedeater. Tool rentals are a great alternative for those who can DIY, but don’t have the place to store a lot of tools or don’t care to spend a load on a tool they may not use again.


Cleaning Services

It seems obvious, even when just driving down the street, where there are people, there is bound to be something that needs to be cleaned up. It’s a dirty job, but someone needs to do it. There is plenty of money to be made in the cleaning industry. People who are great at cleaning and organizing, not only get repeat customers, but they also get new customers from word of mouth. Whether you choose to make your business catering to a specific sector or not, you should be sure that you have a list of what you will do and things that you do not cover. It should be clear that you know what you’re doing by the end results.

Freelance Errand Runner

Running Errands

Freelance errand running is starting to catch on. You have a huge variety in things that you can do in this occupation. You could work for multiple clients within a day, depending on how you are able to work your scheduling. If you are a master at multi-tasking, you may be able to combine errands into a route of sorts to work throughout a day as you build your clientele. You may be hired to pick up dry-cleaning for one customer, fetch drugstore items for another, you may even purchase and deliver groceries for clients. Your errand list might even include some businesses, with something as simple as bringing their shift lunch from a restaurant that doesn’t offer delivery. The best part is that you can set your own hours and schedule in your own errands among everyone else’s.



For some people gardening is easy and a great and relaxing hobby. For other people it’s a deplorable chore with neverending problems. If you are familiar with many of the plants used in landscaping, and can tell a weed from a flower, landscaping might possibly be a good match for you. You would get to ‚Äúplay in the dirt” in the fresh air and help spruce up flower beds, trim lawns, edge, possibly even create a plan for a garden and install it for your client. The downside to landscaping is that scheduling isn’t always easy, as it does often rely on the forecast to cooperate. However, with it being a manual labor job that requires the skill of knowing various plants and their care, also how to deal with pests which can ruin a garden quickly, it tends to be fairly lucrative if you are good at what you do. With a good reputation established, landscaping can take off quickly, especially in the summer months.

Food Carts

Food Services

If there’s one thing people all have in common, it’s that there is an absolute need to eat. That doesn’t necessarily mean you need to invest in an entire restaurant, though. Sometimes even small standalone food carts are the best way to go. They are portable, with low overhead, easily run alone or with minimal staffing, and most often are booked in advance. Whether it’s shaved ice, funnel cakes, or mini donuts, these small booth items tend to sell themselves just by being present.

Of course there is the entire restaurant, which has substantially more overhead, so the turnaround will be much slower. However, as you establish yourself and your reputation grows, it’s certain that you will see the profit margin increase over time.