Hey there, future entrepreneurs! Have you ever dreamed of owning a business, but feel overwhelmed by the idea of the day-to-day operations? Or perhaps you're a go-getter with a full-time job, looking for a side hustle that doesn't demand your constant attention? Well, you're in luck! The year 2023 is brimming with opportunities for those seeking to dive into the realm of absentee ownership.
Imagine this: You're the proud owner of a thriving business, but instead of being bogged down by the nitty-gritty details, you're free to focus on the big picture. Sounds like a dream, right? But let me assure you, it's not just a dream, it's a very attainable reality.
So, buckle up, as we're about to embark on a journey exploring 10+ of the best and most profitable absentee owner business ideas for 2023. This isn't just a list, it's your roadmap to financial freedom and entrepreneurial success. Get ready to be educated, motivated, and most importantly, inspired. Let's dive in!
An online retail store is an online business that sells products directly to customers. It is an ideal business idea for entrepreneurs looking to take advantage of the convenience and affordability of digital retailing. Online retail stores provide customers with a wide selection of items they can purchase, while eliminating the need to physically visit a brick-and-mortar store.
A dropshipping business is a unique business model that allows entrepreneurs to start an online business without investing heavily in inventory. Essentially, when a customer purchases an item from the retailer, the retailer purchases the item from a third party and has it shipped directly to the customer. This eliminates the need for the retailer to keep inventory and save on overhead expenses such as storage and shipping costs. Dropshipping could be a great business idea for those who want to get their feet wet in ecommerce without having to make a large investment.
The absentee owner business industry includes a range of companies that manage properties, investments, and other accounts for clients who don't have the time or desire to oversee their own assets. Below is a list of successful companies in this field:
Rental property businesses can provide an interesting and potentially lucrative opportunity for entrepreneurs. As a rental property business owner, you would rent out residential or commercial properties to tenants, receive monthly rental payments from tenants, and maintain the property through regular maintenance and repairs. Some of the benefits of this type of business include:
Blogging and content writing businesses are an excellent option for those who have a passion for creating compelling content that engages and resonates with readers. With a blog or content writing business, you can tap into a vast array of opportunities, such as:• Finding clients who have specific writing needs, such as SEO articles or blog posts• Writing content for magazines, newspapers and online publications• Taking on freelance projects to write blog posts or other types of content• Creating unique webpages, sales letters and other marketing materials • Generating income through affiliate marketing or Adsense• Writing textbooks and other educational materials
Creating apps for mobile devices is a great business idea. Apps have become a staple of modern mobile devices and there are endless amounts of potential customers with a need for apps in their daily lives. Here are some of the advantages of starting an app development business:
A Social media consulting business is a type of business that provides advice, guidance, and services to help organizations and individuals manage their presence on social media platforms. This type of business can prove to be a very lucrative and profitable endeavor as it seeks to capitalize on the growing trend of social media usage in the marketplace. Some of the benefits of starting a Social Media Consulting Business include:
Digital marketing services involve using a variety of digital platforms, such as websites and social media, to reach and engage potential customers. With the increasing consumption of digital devices, businesses have the opportunity to increase their outreach and target a broader audience through digital marketing services. This can make it a great business idea for entrepreneurs looking to start their own business.
Franchising is a business model that allows an individual or organization to leverage the existing products, services, and branding of another company. Franchises are generally easier to start up than other types of businesses, as the franchisor will provide some guidance and support in terms of marketing, operations, and even accounting. There are many benefits to running a franchise business, such as:
Video production and editing services is a great business idea for those who want to start their own business or expand an existing one. Video production and editing services are sought out for a variety of purposes, from creating videos for websites, movies and television programs, to editing already created videos. Below are some of the advantages to offering video production and editing services:
A Virtual Assistant (VA) is a remote worker who provides services, such as administrative assistance, data entry, customer service, and other support services. The main appeal of using a VA is that they are cost-effective and available on an as-needed basis. They can be hired on a short-term contract or permanent basis depending on the specific needs of the business.