This guide will give you a breakdown of online businesses that have been working for a very long time.
Working remotely is not a new concept. This has been practised for years however due to technology advancement, Its now the new normal.
The world is now adapting to the work from home idea and prefer remote work to the common employment lifestyle and this is because it’s:
- Extremely flexible
- Can develop into an online business
- Has fast-paced prospects.
Best Online Business Ideas in 2020(UK)
Without further delay, let’s dive into the most proven and tested online business opportunities
Cash in on Your Knowledge & Personality
Blogging essentially means sharing your thoughts online using video or text.
Let’s say you just witnessed something outstanding... Now you can share your thoughts about it on your own personal blog. Post it online, and voila! You’re now a blogger.
Content is King. With blogging:
- Use your own personality, knowledge and skills
- Find your niche audience
Professional bloggers today are paid a generous price to promote, advertise or speak about a specific product.
How To Set Up Your First Blog
First things first, you need a blog. So, to save time and money getting online, select a host provider that offers a built in, website builder.
Your Products or services can be contributed to other blogs.
Guest-posting is a brilliant way of getting your name known, boosting Google’s search algorithms.
Final thing regarding blogging, making money is the main reason many decide to become a blogger. Once you blog starts generating regular visitors, it’s time to consider monetization channels.
Convert your attention to income.
Try affiliate marketing, engage with your audience by asking them to fill out reviews and surveys, providing consultation, etc.
Tip: Use Reliable Hosting
If your website goes down, or you are challenged with technical difficulties, your user experience will decrease resulting into financial. So it is crucial to choose a web host when starting a blog.
Recommended Service: SiteGround
SiteGround made it on our best UK hosting providers list because:
Get 100% uptime, speedy page load times, Exceptional WordPress blog support, daily backups, free CDN services and more.
If there is anything in particular you need (loading speed; customer service; higher-tier hosting plans like VPS, dedicated etc), then ratings for best in hosting, UK-wide, may be varied.
2. Start a Podcast
Share your Interest and build a community
Podcast monetization is increasingly popular.
It’s all about building an interested community and adding value to your audience with high-quality, highly engaging or useful content.
You could be a Speaker, an Entertainer, or even a comedian and get paid doing your podcasts.
Podcast Monetization 101
After your podcast becomes a classic, it's time to be financially rewarded for your efforts:
#1 Create Courses or Sell a Product
You may have certain skills you can teach others or the ability to solve a problem through a product—audio or video.
This is easily one of the most popular online methods of building relationships. Once you have found a Sponsor relating to your topic and audience, create a partnership.
#3 Affiliate Commission
Each time you feature a product, your audience will become aware and take an interested in purchasing them, too.
That’s where affiliate income becomes very handy.
If you have a product that has an affiliate program.. For example, if it’s on Amazon, sign up for the Amazon Affiliate Program free and you will immediately be in a position to earn Affiliate commissions.
#4 Patreon, Donations, Crowdfunding
Podcasters that have become successful tend to use Patreon to receive donations from their supportive listeners.
Producing high-quality content requires editing, time, and focus which is very demanding as a creator —ask for support if you know it will help you add more value to your listeners.
#5 Sell Merch
Your merchandise store can be a powerful and great for marketing and promotion. You have a team of people advertising your podcast—that’s a no brainer
Tip: Choose a Great Media Host
You need a web host to start a podcast. In this case it’s called a media host.
Recommended Service: BuzzSprout
Choose a top-tier podcast hosting platform made to make podcasting simple, with no limits.
- Take Buzzsprout, for instance.
One thing that stands out is the user friendly dashboards, which allows you to focus on producing great content.
3. Teach English Online
Transferring your teaching skills
How good at English are you? Many who teach English make good money. The average online school pay between $20 - $40 per hour.
The main benefit is that you can do it from anywhere, as long as you have a reliable Internet connection.
Do I Need to Be a Bachelor in English?
On most occasions, you just need to be able to speak English fluently
Some online schools require a BA degree or ESL certification.
Basic equipment you will need at your disposal:
Note: (Tax is normally deducted you are self-employed).
Pro Tip: Join an International Education Institution
If your plan is to teach English abroad, It would be beneficial to Join one of many international education institutions.
Recommended Service: EnglishFirst
They specialize in academic degree programs, language training, educational travel, and cultural exchanges.
previous working experience is not needed to speak the local language.
sign-up, and if you're accepted, you’ll be earning good money while traveling around and meeting people from different regions.
Teaching is not everyone’s first love. If you are a more personal, other choices on our list may fit you better.
4. Do Paid Surveys
No Startup Fees Whatsoever
Finding the best survey sites and completing paid surveys is one of the easiest way to make some extra cash online.
This also involves:
But how much money can you actually make doing paid surveys?
The company you choose will determine the amount of cash you will make per survey,
- The number of surveys you complete
- The demographic you fit in to.
Usually, survey rewards tend to range between $1 - $30.
If you complete a few surveys per day, you’ll be earning a good amount amount of cash on a monthly basis.
Step-by-Step Survey Money-Making
#1 Find a Company
First of all, make sure you find a reliable company before signing up (more details below).
#2 Create a Profile
Separate and complete your profile for each company you plan to do surveys for.
Companies will not refer any surveys to you unless the company can identify you fit a certain category.
#3 Get Surveys
Once a company has surveys for you to complete, you’ll receive an email
Some surveys are immediately ready to complete, other survey providers tend to ask you pre questions before providing the main survey.
#4 Take Surveys
Keep it simple unless you are asked to provide long-form answers.
#5 Earn Rewards
All companies have different incentives. Some reward you points that you can redeem for money or token, other companies will wire the money directly to you using your Bank or services like PayPal.
Tip: Register without Commitment
There are plenty of survey companies online. Make sure you research the market and check the reputation of companies by reading reviews before signing up. Most companies are free to sign up.
Recommended Service: Consumer-Opinion
We highly recommend Consumer-Opinion, a certified company. Read the process before signing up.
They specialise in the following categories:
- language training
- Academic degree programs
- Educational travel
- Cultural exchanges.
This gives you the opportunity to see the world and work with all people from different regions, all while earning good money.
5. Freelancing Platforms
Join the (Powerful) Minority
Freelancers are those who exchange their services for money.
It’s a common model used in the field of self-employment.
As a Keyword researcher, web designer, digital marketing consultant, social media manager, you can make a good money living freelance.
The Benefits of Freelancing
Not highly praised for “secure stability” can be a challenge, however, many people believe in freelancing because:
- It’s a brilliant way to show your skills and talent and be financially rewarded.
- Little to no Start-up Costs involved
If you have the skillset and the required tools for the job, freelancing can be extremely affordable.
You can start right now. Just sign up on a recognised freelancing platform (more details found below), complete your profile and method of pay, select your niche, and start bidding on desired jobs.
Once you source a client, complete the given task and submit before the deadline. You will then receive your payment.
You work for you. Freelancing rives you the independence over a 9-5 job. You can work on your own terms Full time or part-time job.
You can decide how you want things to work. For example, you have the freedom to choose what equipment, software, products and service you want to use or how you would like to present yourself. you decide what you want to do.
Since you work with your own timescale, you can do your project whenever you feel it will be best. As long as the work is done before the deadline you will be fine.
You also have the freedom to work wherever you like providing you have a fast and reliable Internet connection.
This also depends on what kind of jobs you choose and the hardware needed.
Pay Recognition (The Best Benefit)
One of the best things about freelancing is the freedom of deciding how much money you want to earn.
If you’re skills shine through your job and you complete each project on time, your clients will be more than delighted to pay you for your excellent work.
You will find that clients may not have a budget in mind therefore they are more than willing to pay extra for great quality work.
Tip: Select the Right Platform
Freelancing gives you the opportunity to create job security. However, if you choose the wrong platform, this will not be the case.
Recommended Service: Upwork
We recommend using Upwork.
Upwork connects businesses to professionals worldwide and is recognised as the world's largest freelancing platform.
- Never offer cheap jobs to get more attention
- Avoid applying for projects bellow your hourly rate
- Increasing Number of Clients
- Ideal for Any Level of Skill
- Free to use
6. Web Design
Build Brands Through Creativity
It is safe to say the first impression of a company is largely based on its website.
Being skilled as web designer puts you in a great position. You have the responsibility of building websites that are visually satisfying to the user, giving visitors excellent first impressions upon arrival of the site.
While plenty designers earn over six figures per year, the average earning is approximately $30,000 - $40,000 per year.
You can start designing for others and build portfolio, once your reputation starts to grow, start your own company and select which clients you want to work with, choose you own rates, and create a personalized work plan.
Branding Yourself Before Branding Others (How to Get Web Design Clients)
- Develop your skills enough to create an outstanding, professional portfolio.
- Showcase your best projects to boost your chances.
- Send out cold emails to potential clients who may need a new website.
- Demonstrate what you’re willing to do to help the company reach their goals.
Slightly increase your hourly rate every 3 months.
Once you have created a website, design a template and sell them online. Some people make a good living by doing this.
Pro Tip: Use the Right Tools
The better your web design tools, the better your business.
See also: Top Online Logo Generators
Recommended Product: Adobe Dreamweaver
All levels of web designers use Adobe Dreamweaver because it offers plenty of useful features.
you can view HTML pages while you are in design mode: a “code view” displays the HTML for a selected page. A “design view” shows how the HTML page will appear in different web browsers.
A “split view” displays both the code and design view at the same time.
Use cheap website hosting to host your client’s website short term’ or to showcase your many eye-catching and finished projects on a budget.
- Great for Professionals & Beginners
- Award winning Tool in
Sell Your Own Products!
E-commerce refers to any business done online.
It’s a very easy yet profitable way to make money by selling to customers anytime, anyplace, anywhere.
Here are 5 reasons why everyone is turning to eCommerce in 2020.
Speedy Go-To-Market Time
It takes only a few clicks to make an eCommerce store go live, unlike traditional retail.
The best ecommerce platforms Big Cartel or Shopify offer templates that help you build your online store in minutes by simply dragging, dropping and typing text.
They also manage their own hosting and platform maintenance, PCI compliance. You don’t have to get involved in all the technical stuff, yet you can have a professional looking and fully functioning eCommerce site up and running.
No warehouse and offline stores needed. it costs less to create & sell online.
For example, there is no charge when using online marketplaces for a sign-up and a small fee is taken for the sold item. As you’re starting out, there’s no big investment like a physical storefront, or payroll.
Shoppers Start Online
Shopping online is a very enjoyable experience for many. Even if they eventually end up buying from a local store, the power of research online to compare prices is amazing, comparing brands, reading customer reviews, watching videos about products and services etc. Therefore, if you have a good online presence, people can find your product with ease.
Having a solid online presence allows you give in-depth information about your products or services to your market via key product content.
Including detailed descriptions, in-store stock availability, product comparisons, and pricing.
Blog posts can also provide valuable information regarding the use of your products or services. This information helps your customers make their best buying decision online.
Serve Niche Markets
If you add value to a particular niche market, selling your product online will be much easier for you. It will showcase your brand to a wider audience of customers.
Tip: Choose a Suitable Platform
If you are looking something on a higher level that comes with more customization with no limitations – WordPress is King.
Remember that with this choice, you’ll need the best WordPress hosting available. You may even need a web developer to build your website, to compete.
(Customers don’t like to wait nowadays!)
Recommended Product: Shopify
While we also reviewed Shopify in detail, there are some excellent eCom options to choose from. For example, BigCartel.
If you’re not sure what the differences are between Shopify and Big Cartel, here’s what you need to remember:
Big Cartel is the only E-commerce platform that allows you sell online 100% free, and is ideal for anyone selling individual products.
however, Shopify is a more rounded E-commerce platform best recommended for handling any sized business.
- Unlimited Store Customization
- Handy for Any Product
- Secure & Reliable
… The Drone Future
Dropshipping lets you ship and sell products you do not own or stock.
Your suppliers — manufacturers or wholesalers— make the goods, store them, and ship them directly to your customers for you.
The process is straightforward:
- You get an order
- You forward the order to your supplier
- The supplier receives your order and fulfils the order for you
Dropshipping removes a number of problems for retailers and wholesalers.
Wholesale customers can showcase your product in their online platform or physical stores, and directly market to their database of customers. As an online UK business owner, you’ll have the ability to grow a wider market and win new customers indirectly.
Low Starting Cost
The great thing is, you no longer need to buy wholesale or pay for product manufacturing, you can instantly start selling with no financial costs. Even your website/store setup costs can be minimised if you choose high-quality free hosting.
Increase Cash Flow
As you do not hold product in stock, you pay nothing until the product has been sold.
Keep in mind you don’t have any staff to hire or storage to rent, or any upfront costs to buy products to be resold, you have 0% financial obligations.
Come to Market Faster
Dropshipping saves times when items are shipped from the manufacturer to the customer, this allows you to sell goods the second they are confirmed on your eCommerce website.
Pro Tip: Automate Your Shipping
When you start a dropshipping business, the main challenge is deciding how to automate the business. It’s good to know there are services out there that will help you get this sorted quickly.
Recommended Service: Oberlo
With Oberlo, the most important tasks are automated for you. Shop owners can browse and place items to their store with a single click.
The best part?
When you place orders for your customers from the manufacturers, just a simple click will fill in the consumer details, simplifying your job and saving you more time.
Furthermore, with manufacturers doing all the labour intense work (e.g., storing, shipping out goods), you have one less thing to work on.
- Easy to Use & Understand
- Smooth Automation
9. Web Development
Never Need To Look For a Jobless Again
Create a secondary source of income by learning web development.
Digital is the way forward, and almost every business needs a website. There’s a massive demand for people like you.
If you want to know how to build a website from scratch and want to learn web development, there are a number of online lessons to choose from.
Start up in 7 days — more into this later.
Here’s how web development can help you succeed
- Bypass higher education: earn while you learn
- Employers are seeking for you right now
- Access to plenty of free resources online.
- You will always have a Job.
Tip: Learn from the Best
No previous Coding / IT knowledge? That’s perfectly fine. Here is where you can learn web development skills:
Recommended Product: Codeacademy
If web development is new to you and you are ready to learn it, Codecademy is a free platform.
Best to start with their Python 2 course.
Learn the foundations of Python, Easily one of the fastest -growing programming languages.
Recommended Product #2: Treehouse
Another brilliant online education platform is Treehouse
They give you the option to choose from beginner to advanced courses in web design, mobile/game development, supported provided by a highly-skilled team of teachers.
Get stuck into one of the trickiest programming languages almost every major platform is using.
10. Managing Social Media
Leverage Your Online Opinion
Finally, if you value flexibility and time, social media business management could be a wonderful choice for you.
The main duties of a social media manager include:
Analyzing, tracking, and recording campaign performances
- Finding trends
- Planning, scheduling, and posting content across media channels.
You’ll also be working alongside other brands and influencers to drive leads and improve business visibility.
Remember, in order to dominate social media management, knowing your target client is important. Maybe you focus on clothing companies, Entertainment bloggers, or Business industry. Regardless of your choice, learning every little detail about your niche demographic is essential as information is changing at the speed of light.
Also, learn how to design an effective schedule for posting, build a portfolio, and grow your client base.
Tip: Make Your Job Easier
Every successful social media manager will tell you that you must automate a lot of your work to keep the business running smoothly. There are plenty of affordable services out there that will help you:
Recommended Product: Hootsuite
Social media management tools are great to use. A popular tool to use is Hootsuite to help you stay on track and manage all your social media channels.
It also allows you to monitor what people are saying about your client’s brand and services, giving you insight so you respond instantly and accurately.
you’ll also be able to schedule posts in advance and automate the majority of your workload, leaving you feeling like a mastermind while cash is rolling in for you.
- Professionals & Newbies swear by it
- Free Plans
- Super Simple to Use
Starting an Online Business: FAQ
What Are the Most Profitable Proven Online Business Models?
In no order: Training, freelance writing, Amazon FBA, selling digital products, blogging and — these five have been the most profitable UK online business ideas in 2021.
What Are the Most Successful Online Businesses?
App & web development, eCommerce stores, Selling your own brand, affiliate marketing, managing social media, and freelancing. These are the most successful online businesses out there at the moment.
What Online Business Can I Start With No Money?
Online businesses that don’t need any investment include freelance writing, web designing, SEO, graphic designing, social media management, consultancy, online retailing, and virtual assisting.
How Do I Pay Taxes When Working From Home?
You don't pay taxes in the state where your company is mainly based. Taxes are only paid in your home state of residence (where you’re remotely working for your employer).
Before you get started on your online business venture, invest the time to understand what works best for you, what meets your desires and interests.
Start an online business with no money. Or make an investment, by developing new skills.
Whatever your choice, we sincerely hope that this guide of the best online business ideas UK has to offer will help you get started effectively.