Do you want to start a B2B business online or offline? If yes, you have landed at the right place. Here in this article, we list down a selected list of the most profitable B2B business ideas that can be started with a low budget.
What is B2B Business?
Let us first understand what is a B2B business. If your company sells the products or services to other companies, then you are in the B2B business. Nowadays, you can find several lucrative B2B business ideas that can be started with little money.
Broadly, you can find two different types of businesses in this segment. These are traditional products and internet or online-based products. Generally, traditional products include manufacturing spare parts and any production of any type of raw material. Here, other companies are the buyers of your products. On the other hand, there are different types of online products and services you can offer to your customers.
21 B2B Business Ideas
#1. Virtual Assistant
Virtual assistant business is all about providing a wide range of office services to its clients. It includes checking and answering emails, organizing to-do lists, updating calendars and schedules, and so on. One can start this home-based business only with a computer with an internet connection and a phone. This industry is growing globally.
#2. Corporate Event Planning
An event planning business describes giving service in the process of entertainment in events held by corporate or businesses for their staff, clients, or stakeholders. This business opportunity is comparatively easy to start, profitable, and also enjoyable.
#3. Employee Training
The demand for specialized employee training is enormous and it is increasing. Mostly required employee training courses are on customer service, money handling, working place safety measures, stress management, etc. Normally these training courses are conducted on the employer’s site. One can operate this business from a home location.
#4. Freelance Bookkeeping
Every small or big company needs business accounting services like bank reconciliation, e-filling, service tax, sales tax, payroll, etc. One can start this home-based business by giving these services freelance to businesses that can’t afford to have a permanent accountant.
#5. Graphics Designing
This is one of the most profitable B2B businesses you can start from home also. The increasing need for attractive marketing campaigns and promotions enhances the demand for graphic design services.
Many industries depend on graphic design service providers to develop cost-effective and attractive promotional campaigns. The list includes advertisements, public relations materials, promotional boards, billboards, and other promotional activities.
Every small and big business requires a website to promote its products or services. You can start the business of creating and a maintaining website also for your clients only by having a computer with an internet connection and a phone. Read More…
#6. Internet Marketing
In to-days world, every small and big business needs to have its own website. But only having a website does not ensure getting potential customers. A lot of technical and branding issues are there to creating a website as an effective marketing tool. Here you can work successfully as an internet marketing consultant. This is one of the most profitable advertising business ideas.
#7. Outdoor Advertising Consulting
Outdoor advertising consulting business is all about advising your client about advertising the product or services publicized outdoors. Actually, outdoor advertising offers visual marketing with its attractive and original means of communication.
#8. Recruitment Agency
Recruitment Agency Business is very broad by nature. You can deliver services like Permanent Staffing, Temporary Staffing, and RPO from your recruitment firm. Most organizations need to hire employees. They may choose to hire new employees on their own or use the services of a recruiting company.
#9. Sales Training
The success of every business depends on sales and sales training is an effective tool to have skilled employees in this field. Many companies hire a sales trainer for this purpose. Ninety percent of sales managers suggest that a lack of fresh and relevant training material is what keeps their teams from staying engaged, according to Salesforce. Eighty percent of sales managers claim they do not have the time to train their staff.
#10. SEO Consulting
SEO consultant serves the industry as an internet marketing expert. When people search for specifics in search engines, websites that appear and come on the first few pages, are the sites that usually attract the maximum traffics. One can start this knowledge-based business with low-cost investment. Actually, you require only a computer with an internet connection to start this home-based business.
#11. Slide Show Making
A person having a creative mind and passion to work with photography can start a slideshow-making business by using some specific software. With the creative application, you can easily turn simple photographs into memorable and presentable slideshow for your client. You can start this home-based business only by having a computer with some specific software and an internet connection.
#12. Social Media Consulting
Almost every person uses Facebook, tweeter, LinkedIn, and Pinterest these days and many companies are ready to pay people to get the service of their social media accounts management. This is one of the most trending B2B businesses nowadays.
#13. Video Producing
Nowadays a lot of companies look for music videos for brand-building activities. Artists and singers also look for music videos for promotion. You can try this creative work if you enjoy doing so.
#14. Business Consulting
Business consulting is one of the most profitable and trending B2B business ideas these days. If you have years of experience in entrepreneurship and have ideas about the industry you may consider starting this business. This business demands adequate knowledge and expertise in the specific field with a mind to help others.
#15. Virtual Office Space Renting
Basically, a virtual office is a business location that only exists on the web. any business can be operated from any location by using technology and the internet. A virtual office provides significant financial savings to entrepreneurs compared to traditional space renting.
#16. Call Center
The call center business has grown exponentially in recent years. Most big businesses take help from call centers to communicate with existing and potential customers in promoting their products or services to prospects and addressing the grievances of existing customers.
A person who has some basic knowledge of coding and graphics designing can start this B2B business easily.
#17. Office Cleaning Services
Generally, commercial space owners look for this type of service very frequently. However, starting a window cleaning business demands the right skill and a little bit of hard work. Basically, you will need to have some basic supplies to get started. However, the business is only perfect for metro cities.
#18. Start a Small B2B Manufacturing Business
As a small manufacturer, you can produce items that are purchased by companies on a regular basis. Though the startup investment to initiate a manufacturing business is a little on the higher side, the return on investment is high and the payback period is short. Some of the manufacturing B2B businesses are mentioned below for you to consider:
a) Packaging Box Making
One can start this venture whether he is living in a metro city or a suburban city area. Every small and big product after manufacturing needs a box for packaging. An attractive and durable packaging box is a much-needed product when it comes to sending the product to the end users.
b) Paper bag Making
Paper carry bags are common packaging materials. Generally, textiles and cloth merchants, dry cleaners, bakers, grocers, stationers, and sweet sellers are the major consumers of this product. There are paper carry bags that can hold up to 20 kgs of weight without getting torn.
c) Paper Cup Making
Generally, paper cups are B2B items. In the small-scale manufacturing segment, paper cup production is a comparatively easy business to start. Additionally, you can start the business from both location rural and cities. Even, it is a great option as a part-time income opportunity.
#19. Ecommerce Order Fulfillment
Every reputed e-commerce company often looks for people to ship their orders to the doorstep of customers. You can start your own fulfillment service company and make good money.
#20. Become an Online Affiliate Marketer
If you are looking forward to starting an online B2B business from home, an affiliate marketing business is an ideal fit for you. Affiliate marketing is all about promoting the products of other companies and when a sale happens through your affiliate link, you get rewarded. As per a report study in Statista, the total affiliate market industry is expected to reach $8.2 billion in the U.S. alone by 2022.
#21. Business Analytics
Nowadays more and more companies are depending on a wide range of data points for making important decisions. Hence professionals with experience in business analytics are growing fast. If you have experience in business mining and analytics processes, consider launching this highly potential B2B business.
There are plenty more profitable B2B business ideas that can be explored. You need to find one depending on your skillsets and expertise and start your own B2B business.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.