6 Cool and Profitable Small Business Ideas for 2017

small business ideas

Do you imagine yourself operating a small business in 2017? If yes, the first thing you need to decide is what kind of business you want to own. And you can do that by taking a look at our list of cool and profitable small business ideas.

The road to success is one of risks and tough decisions. And this first decision will determine a lot.

Of course, it’s always better to dedicate yourself to the work you like the most. But if you don’t want to end up disappointed there are other factors you need to consider.

Your idea should be practical and in demand. Don’t you think its just you attracted by the prospect of becoming a small business owner? So, you should also think about how to stand out.

And what becomes most at stake here, is how profitable your idea is. So, let’s take a look at some of the best small business ideas for 2017.

Social Media Management

Most of the successful businesses rely on social media marketing these days. And in turn, customers frequently use social media to determine businesses’ worth.

Every business understands how crucial social media is, but not all spend the necessary time to manage it well. So, if you’re a social media geek and have your hand on every platform out there, from Twitter to LinkedIn, they maybe it’s your time to offer professional services.

You can become a successful solopreneur and help businesses to promote their brand. What you have to do first is to kick ass your own social media presence.

Online Courses

Are you passionate about sharing knowledge? If yes, this might become your dream business. The demand for online education is growing these days. So, it makes to the top of small business ideas for 2017. And secure your place you will need quality content and good marketing.

You can go for academic training, become a wellness instructor, teach people about business and hobbies. The possibilities here are endless. Just take up the subject you’re most proficient in. Because there are millions of people out there interested in everything from science to art.

But because there are so many courses out there, originality should become the key for you. Try to offer a new perspective or a new teaching method, promote it well and you will attract the online crowd like a magnet.

Online course sites such as Udemy and Coursera are very popular on the web. Those are good starting points for your research.

Entertainment and Mobile Apps

Here is one more option that you can choose from small business ideas that are educational in their nature. If working with technology is what you do for a living, this might suit you well. Educational apps for children are a big hit now. So, chose the tiny humans as your target and come up with something fun and useful for them.

Food Trucks

People love to eat, no doubt about that. The yummy culture seems to have taken over the world’s megalopolises. Cafes are on every corner with the most varying foods and interiors.

The competition is too high there for a small business.  And the solution to that are food trucks! Give it a cool look, fill it with the tastiest food and hit the road. Park in places where you can attract a hungry crowd. Anything from festivals, local events, or the local square would do.

Beware that big cities already have a saturated food truck market. So, consider smaller cities at your choice. While you might get carried away about the tasty side of this idea, don’t forget to educate yourself about special safety compliance and ordinances. For that, contact your local health department for more details.

Vacation Renting

You might have some unused property. It made have bothered you for quite a bit, but hold on until you make it your income source! You know what to do – put it on rent.

If the property you own is near some tourist attraction, the better for you! That’s where you can fill your pocket with little effort and make friends from all over the world, which probably makes it the most adventurous of small business ideas on our list so far.


If you were a part of the business world for long enough, at some point you might sell your experience and knowledge of the industry. You can become an independent consultant who will help the newcomers overcome the challenges of the business world.

You can speak at business related conferences or events, or help entrepreneurs carefully shape their business strategy. Setting up your own consulting firm will give you an opportunity to be flexible while doing what you love.

These are just some of the small business ideas that will be in demand in the near future. Go ahead and find more options that are challenging, profitable and fit your skill!

Armen Margarian

Armen Margarian is an attorney with The Margarian Law Firm.

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