Three most profitable small business opportunities in 2022

In 2022, there are countless business opportunities to pursue. As we slowly return to a pre-COVID world, the time is ripe to launch the business of your dreams. Australia also happens to have a thriving small business sector, with small businesses accounting for over 97% of all businesses. It’s safe to say, then, that there’s no place like home to start and scale your very own business in 2022 and beyond.

If you’ve been bit by the entrepreneurial bug, here are some of our top picks for some money-making ventures that you can dive into this year. 

1) Online business opportunities

The internet has long been a playground for budding entrepreneurs, but the pandemic has expedited the global shift towards online platforms. For aspiring business owners, this transformative shift has opened up windows of opportunities to buy, sell, and exchange goods and services online for a profit. Dropshipping, affiliate marketing, and eLearning are just some of the areas that have high profit potential and have been on trend in the past year or so. 

One of the benefits of opening an online business is that they require very little startup capital and investment, so they’re highly accessible to a wide range of people. The key to success here is to open a business in an area or industry that you’re passionate and knowledgeable about and to leverage the power of social media. 

2) Freelance business opportunities

Freelancing is becoming increasingly popular amongst both young professionals and established professionals alike. Freelancers now make up about a third of the Australian workforce, with Gen Z’s leading the charge. As working from home becomes more common across the board, now is as good a time as ever to consider setting up your very own freelance business. Again, the key here is to find an area that you’re knowledgeable and skilled in so that you can sell your services to clients with full confidence. Some fast-growing and profitable industries for freelancing include digital marketing, copywriting, graphic design, and web design. Websites such as Fiverr and Upwork make it easy to dip your toes into the world of freelancing with the minimal initial investment. 

3) Mobile home-service business opportunities

Operating a mobile business allows you to have plenty of freedom and flexibility in how you want to live your day-to-day life. It also typically comes with relatively low startup costs when compared to standard retail-based businesses. Some profitable business ideas in this category include mobile gardening services, mobile dog grooming services, mobile cleaning services, and home handyperson services. 

The beauty of starting a business in a service industry is that it’s essentially recession proof. A service like cleaning would not ever be considered a luxury service, but rather a necessity. At the end of the day, offices, rental homes, and venues will always require regular cleaning services, so a mobile cleaning business would not be hit as hard by an economic downturn as a fashion business or a luxury goods and services business. Starting a business in this category is a great way to set yourself up for success in the future and to ensure that you’re investing your money in a sustainable, future-proof industry. 

Starting your small business with Jim’s Group

Jim’s Group is the largest and most well-known home-service franchise group in Australia. With more than 4,300 franchise owners working across 50 unique service divisions, we have one of the most diverse franchising portfolios in the world. Our divisions range from the well-known divisions such as Jim’s Mowing, Jim’s Dog Wash, and Jim’s Cleaning, to the lesser known ones such as Jim’s Window Tinting, Jim’s Floors, and Jim’s Painting. The most exciting part is that we’re growing and evolving constantly, with new franchisees signing on every week and new divisions starting up every year.

The diversity across our service divisions means that there is a division for everyone. Whether you like working outdoors, working indoors, working with animals, or working with people, you’re bound to find a division that aligns with your interests and skills. Better yet, we provide comprehensive training and ongoing professional development to all our new franchise owners, so that those without experience can still feel confident enough to start their own businesses. 

You might be wondering why you would pay to start a business under a franchise model when you could just start a mobile business from scratch. The answer is simple: you’re less likely to fail when you have the support of a nationally recognised brand behind you. It takes years for independent businesses to get their name out there and to build trust and goodwill across their communities. On the other hand, when you sign on as a Jim’s Group franchisee, you’ll immediately gain access to all those intangible assets that money simply can’t buy. Assets such as brand recognition, goodwill, national leads, and logo rights will all be on the tip of your fingers, so you won’t have to struggle as much to get your name out there. 

Simply put, you’re much more likely to start making money sooner when you start your mobile home-service business with Jim’s Group. Our unique fee structure and low startup costs allow our franchise owners to build and scale their businesses at a faster pace and to increase their chances of achieving profitability within their first 12 months of operating. We consider our franchises some of the best business opportunities on the market, so speak to a member of our team today to learn about opportunities in your area. 

–

If you’ve been considering starting your own small business, we’re here to tell you that running your own business can become one of the most exciting and rewarding endeavors of your life. To find out more about starting your business journey with Jim’s Group, contact us to see how we can help. Call 131 546 or enquire online today. 

Related Jim’s Group News

– 14 Best Franchise Opportunities in Australia.
– Planning on Buying a Franchise? Here’s What You Need to Know.
– What are the 4 Types of Franchising?
– What are the Best Franchise Opportunities in Australia?
– What are the Most Successful Small Businesses?
– What Franchise Should I Buy?
– Which Franchise Makes the Most Money in Australia in 2021?