Reviewed for 2018
Fancy being your own boss? We’ve come up with a list of exciting small business ideas to speed you on your way to self-employment.
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Boom time for new businesses
In 2016, the latest year for which figures are available, a record number of new businesses were started in the UK, with over 600,000 start-ups incorporated with Companies House.
The actual number of new businesses is likely to be even higher, as if you set yourself up as a sole trader (as many self-employed people do) you don’t have to register with Companies House.
More and more UK workers are seeking autonomy and flexibility, and finding that self-employment is a great way to achieve it.
If you’re tempted to join the ranks of the UK’s self-employed, here’s our list of the best business ideas. Which one’s right for you?
Our self employed business ideas to get you started today
If you have a way with words, setting yourself up as a self-employed writer can reap rewards. Content marketing is an increasingly important strategy for many businesses, so many writers are hired to produce online articles for brands.
Top tip for getting started as a writer
You’ll need a solid knowledge of search engine optimisation (SEO) and web writing best practice, and it’s a good idea to have a blog and online portfolio to showcase your writing skills, plus an active presence on social media.
If you’re ready to get going as a writer, take a look at our insurance for copywriters.
2. Online seller
Whether you love rummaging in flea markets and car boot sales for hidden gems or you’re keen to buy products in bulk and then sell them on individually for a profit, online marketplaces like eBay provide the perfect platform.
Top tip for getting started as an online seller
Make sure you do your research carefully before you invest in a lot of stock, and then be prepared for hard work and patience to build your reputation as a stellar seller.
If online selling is the business for you, we’ve got an insurance for online retailers.
Can you work wonders with a needle and thread? If so, setting up as a self-employed tailor and dressmaker could be just the ticket. From taking up a hem to altering a wedding dress or even creating a made-to-measure suit, tailoring is an old-fashioned skill that’s still in high demand.
Top tip for getting started as a tailor
It’s probably a good idea to work from home initially to keep costs low. Try a mixture of online and offline methods to get the word out about your business: distribute flyers and posters in your local area and share your beautiful work on a blog and on social media.
Ready to get started? Don’t forget your tailors’ insurance.
If you’re the practical type but you’re not trained in a particular trade like plumbing or building, you could start a business as a self -employed handyperson. Get hired to put up shelves, hang doors, perform small household repairs or do a bit of gardening.
Top tip for getting started as a handyperson
If you’re worried about finding customers, you could sign up to a service like TaskRabbit, where people post tasks they need help with.
Convinced that being a self-employed handyman is the business for you? Check out handyman insurance from Simply Business.
5. Beauty therapist
If you’re trained to carry out beauty treatments, there’s lots of potential for self-employment in the beauty industry. You don’t necessarily need your own premises; you could start by performing treatments in your own home or offering mobile services.
Consider, for example, offering mobile make-up, hair, manicures and facial treatments, and promoting your services for hen dos and weddings.
Top tip for getting started as a beauty therapist
Making a website showing some of your work and distributing some well-designed flyers and business cards could be a good way to start.
If you’re keen to get going as a self-employed beauty therapist, don’t forget your beauty therapists’ insurance.
There are an estimated 9 million dogs in the UK, and many smitten owners want to make sure their canine companions are getting the best possible care while they’re at work or on holiday.
As a self-employed dog sitter and dog walker, you can charge around £10 per dog walk or £20 for a day of dog sitting, so if you care for enough dogs daily then it begins to add up.
Bear in mind though that the maximum number of dogs you can walk at one time may depend on your local council: there’s often a limit of four unless you apply for a special licence to walk up to eight.
Top tip for getting started as a dogsitter
The best way to spread the word that you’re running your own dog-sitting business is to take some business cards to the park when you walk your own dog, and also leave some cards or flyers in your local pet shops, grooming parlours and dog-friendly cafes.
Decided that dog care is your ideal business idea? Be sure to grab your dog walkers’ insurance.
7. Cookery teacher
If you have a passion for food, how about setting up as a self-employed cookery teacher or starting your own cookery school?
If you have access to a restaurant or commercial kitchen that’s great, but your home kitchen may do just fine if it’s reasonably well -equipped and spacious, or you could even offer lessons in the homes of your students.
Top tip for getting started as a cookery teacher
This business idea will work best if you have knowledge of a particular cuisine and a head full of delicious recipes and culinary tips. Come up with a tasty but relatively simple menu and then lead your students through cooking it step-by-step. The best bit is, you get to sit down to a tasty shared meal with your students at the end.
If you’re keen to kick off a cooking business, take a look at Simply Business chef insurance.
What are your best self-employed business ideas?
Hopefully our list has sparked your interest in starting your own business, and shown you that there are loads of different options for self-employment, whether your skills lie in nail painting, hedge trimming, dog cuddling or digital copywriting.
If none of these self-employed business ideas take your fancy, we’d love to know your best business ideas. And if you do take the plunge and set up as self-employed, remember that Simply Business offers insurance for the self-employed so that you’re covered if anything goes wrong.