5 Best Business Ideas for Solopreneurs in 2024

In this article, we will take a look at the 5 best business ideas for solopreneurs in 2024. If you want to read our detailed analysis, you can go directly to 20 Best Business Ideas for Solopreneurs in 2024.

5. Craft Designer

A business owner can create handmade or DIY items and then sell them online or in person. A best-selling custom necklace on Etsy is priced at $13.08 and has 24,100 customer reviews, as of April 29, 2024.

4. Content Creation

Solopreneurs can start creating content for brands as a business idea. User generated content creators are gaining immense popularity. According to data by Glassdoor, a UGC content creator can bag somewhere between $16 to $35 per hour in the United States.

3. Consultancy

Starting a consultancy business is one of the best business ideas for solopreneurs. According to data by Glassdoor, a consultant in the United States earns somewhere between $12 to $60 per hour.

2. Coffee Shop

Starting a coffee shop is a very interesting business idea for solopreneurs. But First, Coffee is a cafe franchise in the Philippines. To set up a franchise, budding entrepreneurs must fill out an application form and opt for a franchise package ranging from ₱250,000 ($4,333) to ₱1.5 million ($26,000) in initial investment. On average a franchise makes somewhere between ₱73,400 ($1,272) to ₱275,000 ($4,787) per month.

1. Blogging

Blogging is a great business idea for solopreneurs. According to data by Fiverr, a blogger can earn somewhere between $200 to $10,000 monthly. Bloggers with more than 10,000 site visits per month can credit $25 to $750 for every sponsored post.

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