Top Best Business Ideas For Young Ladies: Starting your own business may seem overwhelming, but it’s not impossible if you take the right steps and make smart decisions early on. As a female entrepreneur, this can be more challenging than if you were a man.
Top Best Business Ideas For Young Ladies
But there are still plenty of great business ideas out there that will help you succeed and grow your wealth over time. Let’s look at some of the best business ideas for young ladies so you can make an informed decision about which path to choose.
1) Sell on Etsy
Etsy is an e-commerce platform and website focused on handmade or vintage items and supplies, as well as unique factory products. Sellers can open a shop on Etsy to sell their goods. With over 1 million active sellers, it’s no surprise that Etsy has sold over $4 billion in goods in 2014.
Unlike other online marketplaces such as eBay or Amazon, Etsy is targeted more toward creative small businesses that are looking to make extra income with their creative passion. While anyone can register and create a free account on Etsy, it takes at least 6 months of activity before you’re able to withdraw money from your shop. This helps to keep out those who aren’t serious about making money from selling on Etsy.
If you want to start a business selling handmade goods, then opening an Etsy shop is one way to get started. However, if you don’t have any experience with crafting or designing and simply want to try something new, there are plenty of other business ideas for young ladies that will help you earn some cash! Here’s how
2) Become a Professional Shopper
Did you know many of your favorite fashion sites pay cash rewards when you order things and then do reviews on them? These shopping websites will pay you to review what you order; some even let you keep it. As a business idea, you can become a professional shopper. Professional shoppers are influencers who purchase products from e-commerce sites on behalf of their audience and then review their purchases in their own posts.
They help brands grow by sharing valuable opinions and experiences with their fans and followers. In addition to getting paid to shop, you’ll also get free stuff! What’s not to love about that? You can build up your following and earn money while doing something fun. If you’re interested in starting a business as a professional shopper, here are some popular sites where you can start: Influenster (must be 18), Glam Sense (must be 18), Vindale Research (must be 18), Swagbucks (must be 13).
3) Rent Out an Extra Room
Renting out a room in your home can be lucrative, especially if you live in a city where housing is tight and renting costs are through the roof. Of course, with extra income comes added responsibility. With a full-time guest in your home, it’s crucial that you be conscientious about protecting your valuables and making sure that nothing gets broken or damaged while you’re away.
You can also expect to do some cleaning and laundry—whether your renter stays once or twice a month, chances are they’ll make their presence known while they’re there (unless they have their own set of keys). Consider yourself warned! But overall, renting out an extra room can bring in a nice chunk of change if done right.
And don’t forget: If you do rent out your space on Airbnb, leave good reviews so that people will want to stay at your place again! In addition to these ideas listed above, I would suggest starting a business around teaching English online. There are many websites such as Italki which connect teachers with students all over the world who want to learn English.
4) Make Cupcakes
Of all business ideas, baking is perhaps one of the most profitable. You can bake at home or find a space to rent. You can then sell your cupcakes and muffins door-to-door, or at a local farmer’s market. The latter will be more lucrative but also more time-consuming and expensive. Regardless of where you sell your baked goods, success will depend on product quality and branding.
Put time into picking unique flavors, perfecting techniques, and creating eye-catching packaging if you want to be successful in such a cutthroat industry. Some other business ideas that are great for young ladies include nail painting, paper crafting (such as flower bouquets), or knitting scarves. These businesses require little startup capital and give you an opportunity to express yourself creatively while making money.
5) Start A Clothing Line
One of the best business ideas for young ladies is to start a clothing line. This business idea doesn’t need any special education or skills, so you can start it with just money and motivation. But make sure that you have enough money to work with because you need thousands of dollars for producing your own brand. If you don’t have enough money to build your brand, you can always cooperate with bigger companies.
You will also have to choose what kind of clothes should be in your line – they can be summer dresses or winter sweaters. It depends on where you live, but if you want to sell something more specific, like leather jackets or T-shirts with prints on them, then you should find out what people around you like and buy those things. So now let’s move on to another important part of starting a clothing line: marketing.
As we already said, there are two ways to promote your brand: social media and marketing events. It might seem hard at first when no one knows about your company or its products yet, but keep working hard and try to promote yourself as much as possible until people notice who you are! If everything goes well then soon everyone will know about your company! Remember that starting a clothing line is one of the easiest business ideas for young ladies!
6) Become a Virtual Assistant
One of the best-known opportunities on The Business Idea Generator is that of virtual assisting, or VAs. If you love administrative work, word processing, and answering emails, but have no interest in being a secretary, then virtual assisting might be just what you’re looking for. VAs perform a variety of tasks and can even set their own hours. If that sounds like a great fit, here are some steps to take to get started Chances are.
There’s an established VA firm near you—try Googling virtual assistant along with your city name to find one. To learn more about starting your own VA business, check out Virtual Assistant Magazine. For example Top 10 Reasons You Should Start Your Own Virtual Assistant Business. (You’ll also find several tips for getting clients.)
If it seems too easy—you’d be surprised how many people think they can make money by sitting at home doing admin work. Be prepared to show off your skills!
7) Get Paid To Watch Videos Online
Uber is growing exponentially, and there’s a ton of opportunity in operating as an Uber driver. The company estimates that drivers who work more than 40 hours per week (the average number of hours worked) can earn $40k/year after expenses. As an Uber driver, you also get to provide your own car—which means you get to decide how much of a commission you receive for each ride.
Drivers report earning between $15 and $20 per hour, but these earnings obviously vary depending on location and driving speed. Also, be sure to check out our post on how to become an Uber driver. Open A Cake-Baking Business: Baking is becoming increasingly popular as people start to seek out alternatives to mass-produced desserts. Opening a cake-baking business might sound intimidating, but it doesn’t have to be.
If you have baking experience and some free time, then all you need are supplies like cake pans, decorating tools, etc., which are relatively inexpensive and easy to come by. All-in-all, opening a cake business isn’t too expensive or complicated—it’s simply time-consuming. Once your shop is up and running, making cakes becomes less labor-intensive since everything from production through delivery will be handled by yourself or employees… at least until your cake empire expands!
8) Ride Along With An Uber Driver
Uber drivers are independent contractors and thus provide a flexible income stream. If you have time on your hands, driving a car for Uber may be just what you need to stay afloat financially. Drivers keep about 80% of their fares and get paid weekly, with no stringent schedule or predetermined amount of hours per week required. Plus there are some nice bonuses built into Uber’s payment structure.
For example, you can make extra money by driving during busy times (such as rush hour) or in high-demand areas—like when it’s snowing. You also earn a bonus for referring new drivers to Uber. And if you drive at least 20 hours a week, you qualify for health insurance through Blue Cross Blue Shield. Just note that all driving jobs will require an auto insurance policy, which typically costs $15–$30 per month depending on where you live.
9) Organize Local Events
What better way to get in touch with your community and make a name for yourself than by sponsoring local events? You can think small here, too. Even if you live in a tiny town, chances are there’s a food truck that comes around on weekends—offer to cover their cost (give them some revenue from tickets or parking fees) and set up a little stand where you sell drinks and snacks.
You can also do something similar at farmers’ markets. By giving out samples of your work, you’ll be able to meet customers as well as other vendors who may want to connect with you down the road. These types of networking opportunities will help you expand your business later on.
10) Receive Tutoring From Home
Tutoring is a great way to make extra money as a young lady. You can set your own hours and choose how much you want to make; tutoring is perfect for those looking to make extra cash on nights and weekends. Tutors are often paid per hour, so you don’t have to worry about disappointing students by turning down last-minute requests because you have plans!
Get experience working with kids while making some quick cash—talk about a win-win situation! It’s easy to get started: Check online classifieds or ask around at your school’s tutoring center. If you’re interested in starting your own business, look into becoming an independent contractor through Varsity Tutors. Once you’ve established yourself, it’s possible to earn thousands of dollars each month.
For many young ladies, starting a business is just not on their radar. However, there are plenty of successful businesses run by women, proving that women can both start a business and make it successful. While running a small business certainly isn’t for everyone, if you have a great idea or product and are willing to put in long hours to turn your dream into reality, then go for it!
Here are some of our favorite types of businesses that could be great ideas for young ladies looking to start their own ventures: 1. Make crafts or sell homemade goods – Etsy may be popular now, but handmade goods have always been big business! Have you ever thought about making your own clothes?