Introduction to Easy Businesses

Starting a business can be daunting. However, some business models are simpler and require less initial investment and expertise. This lesson explores the easiest types of businesses to start, revealing some surprising insights and practical tips.

Freelancing is one of the easiest businesses to start. With just a skill and a computer, you can offer services globally. Interestingly, 35% of the U.S. workforce freelanced in 2020, showing its popularity and accessibility.

Dropshipping allows you to sell products without holding inventory. Once an order is placed, the supplier ships directly to the customer. Surprisingly, Shopify reports that dropshipping businesses have a success rate of 10%-20%, higher than other e-commerce models.

Selling digital products like ebooks, courses, or printables can be highly profitable. With no inventory costs and unlimited scalability, this model is lucrative. A little-known fact: the global e-learning market is expected to reach $375 billion by 2026.

Home-based businesses, such as consulting or virtual assistance, offer flexibility and low overhead costs. Interestingly, the Small Business Administration states that 50% of U.S. businesses are home-based, highlighting their viability and ease.

Did you know? The pet sitting industry in the U.S. is worth over $2 billion annually, showing massive demand for this low-investment, easy-to-start business.