10+ Best & Profitable Absentee Owner Business Ideas [2023]

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.

• Easy to set up and maintain
• Cost efficient
• Ability to reach customers from anywhere
• Accessible 24/7
• Option to customize your store for a unique look and feel
• Targeted advertising to potential customers
• Increased visibility for your business

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.

• Requires minimal upfront costs
• No need to keep inventory
• Low overhead costs
• Easy to set up and manage
• Can be scaled quickly

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:

• High potential for passive income
• Strong demand for rental properties
• Simple and straightforward business model
• Opportunity to create a portfolio of long-term rental investments

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:

• Low overhead since you don’t need much to get started.
• Easy scalability since you can work on multiple projects at the same time.
• High demand for apps from both consumers and businesses.
• Flexibility to work from anywhere.
• Potential to develop new skills and gain valuable experience.

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:

• Ability to tap into the fast-growing market of social media users
• Potential to become a trusted adviser for businesses, who rely heavily on having an effective online presence
• Extensive range of services offered such as content creation, management, monitoring, analytics and reporting
• Opportunity to explore different types of technology needed for successful campaigns.

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.

• Digital marketing services help businesses reach new audiences through digital channels.
• They allow businesses to tailor their messaging to specific audiences.
• Digital marketing services provide an efficient way of reaching audiences in remote locations.
• They provide more cost effective than traditional advertising methods.
• Digital marketing services allow businesses to track and measure results, allowing them to adjust their strategies accordingly.

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:

• The ability to capitalize on an established product or brand.
• Access to shared resources from the franchisor.
• Reduced risk associated with launching a new business.
• Lower start-up costs due to reduced research and development costs.
• Exposure to a larger customer base than could be reached independently.

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:

• Cost effective - creating videos does not require a lot of expensive equipment.
• Creative outlet - you can use your imagination and creativity when developing ideas and scripts.
• Flexibility - you can choose your own schedule and work on a variety of projects.
• Potential to make money - depending on the clients you have, you can make considerable amounts of money with 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.

• Decreased staffing costs
• Increased flexibility and scalability
• Access to a global pool of talent
• Reduced office space costs
• Reduced reliance on technology