14 Small Business Ideas for Women in Singapore [2022]

By
Writers@Aspire
Published
July 14, 2020

Whether you are a housewife looking for a new hobby to keep you busy, or perhaps working full-time individual looking for a side hustle for additional income, you've come to the right place.

Based on the rising trends and demands in Singapore, we've listed 14 simple small business ideas for women that requires little or no capital at all.

14 Small Business Ideas for Women in Singapore

1. Affiliate Marketing

Average Salary: $25-$100 per sale

Affiliate Marketing as small business ideas for women in Singapore

Affiliate marketing is a form of marketing that requires individuals to make online product referrals. Once someone has made a purchase based on your recommendation, you'll get paid in commission. From there, the affiliate company or paying company will keep track of all the sales and traffic that you make through your website or other promotional techniques.

Want to learn how to get started on affiliate marketing? We found a great resource that can help you with that.

2. Baking

Average Salary: From $80-$100 for a customised cake

If you already have a knack for baking, why not turn it into a business? Homemade baked goods like cookies, cakes, brownies, and the likes make great gifts for any occasion that will never go out of season.

The best thing about having a small baking business is that it doesn't cost much to get started. With a minimal amount of capital to spend on ingredients and delivery costs, anyone can set up their own home-based bakery.

     

3. Blogging

Average Salary: From $175 per blog posts with minimum 10,000 monthly impressions

Source: Kristie Hill

Compared to traditional blogging, where it was all about posting your stories and opinions online, blogging in today's digital age has become a vital marketing tool for many brands. It has outgrown its origin of being simply a form of expression to becoming one of the most effective mediums that brands use today; have you seen a website without a blog section?

In order to set off on your journey as an online blogger, you need to create your website first. There plenty of blogging platforms online that come with a variety of templates for you to choose from, so you don't need to be a coder just to get started. Ideally, this small business idea is best suited for individuals who have some level of experience in writing content for web.

But if you have little to no experience and think this could be a path you want to pursue, look into resources online on blogging tips and even masterclasses on monetising your work.

4. Book Keeping

Average Salary: From $100 per month for a client

Bookkeeping is part of the process of accounting in business. It refers to recording financial transactions such as purchases, sales, receipts, and payments. You can give this services freelance, by working from home to businesses who don't have a permanent accountant.

Nowadays, virtual bookkeeping is becoming more popular as a viable side hustle among many due to its convenience factor. On top of that, you don't a significant amount of experience. All you need is alertness, an analytical mind, and attention to detail.

💡 Tips: Already using accounting software for your bookkeeping needs? Simply link it to your Aspire account in just a few clicks.

5. Consulting

Average Salary: From $65 per hour

If you want to impart your expertise in a specific field on a more professional love, why not consider consulting? From sectors such as design, marketing, health, and everything else in between, becoming a freelance consultant has been proven to be a viable home-based business that can be kickstarted at little to now cost.

First, you need to know what you're good at and find your niche. Ensure that you're equipped with all the information and tools you need to guide potential clients throughout their engagement. Once that's done, you need to lay out the ground work and begin marketing your services. This could be done through social media or even work-of-mouth marketing.

Regardless of the medium you've chosen, always position yourself as an expert with a service to offer.

6. Content Writing

Average Salary: $8-$250 for 500 words

Similar to blogging, content writing has also become an ideal small business idea for many individuals across the globe. The goal of a content writer is to create a piece of writing that will be featured on websites or ads to entice online audiences to stay longer on websites and engage with a specific brand.

If you're just starting out, you can start off by becoming a freelance or independent content writer for brands. But if you have the means to expand your service, you can begin employing other content writers and set up your own company that offers a variety of writing services.

To learn more on how to start a freelance writing business in greater detail, click here.

7. Copywriting

Average Salary: $8-$250 for 500 words

Copywriter and content writer differences
Source: UX Planet

Don't confuse yourself between content writing and copywriting; they may have subtle similarities but they are both still very different mediums altogether. Primarily, the goal of a content writer is to inform or persuade a reader. On the other hand, copywriters write content for brands with the intention of selling a persona or brand to your target audience.

While blogging and content writing is still considerably suitable for individuals with little experience, copywriting is slightly more demanding. Whether it's in the technical, creative, content, marketing, or SEO field, determine which type of copywriting is for you and learn the ropes from there!


8. DIY Craft Making

Average Salary: Depending on the products and price

While many of us take art and craft making as an enjoyable pastime, who said we can't earn a little extra cash while we're at it? From soap making, candle making, screen printing, or even pottery making, there are dozens and dozens of craft making activities that you can explore.

If it's a specific craft that you're not familiar with, there's bound to be classes available as well. Pour your creativity, hobby, and skills into a successful venture!

9. Flower Arrangement

Average Salary: $1000-$2000 per month

Have a knack for making turning simple flowers into stunning arrangements? Then that could be a great small business idea too. Not only is making flower arrangements a therapeutic activity to enjoy on your own or with friends, but it can also bring additional income.

Just like baked goods, flowers will never go out of season. Regardless of the occasion, there will also be a demand for these delicately arranged bouquets. Think of major occasions or notable milestones such as weddings, birthdays, proposals, and graduations—was there ever a time where you didn't see someone with flowers in their hand?

10. Online Selling

Average Salary: Depending on the products and price

As the name suggests, you simply sell things as an online seller. You can do this by building your own website on platforms such as Shopify or joining an e-commerce marketplace like Shopee, Lazada, or Carousell.

Since each of these platforms have its own strengths and unique features, it's best to do your research beforehand to analyze which platform is the best for you, your products, and your target audience.

💡 Tips: To boost your online sales even further, tap into Shopee Ads to help give your products and brand more exposure. Aspire users can enjoy 20% off Shopee Ads with the Aspire Corporate Visa Card.

11. Online Survey

Average salary: $0.30 to $7.5 for each survey

Yes, you can make money by giving your opinion about a number of products and services by filling out online surveys. The more surveys you fill out, the more points you get which can be redeemed in the form of vouchers, cash, etc. Some Paid Online Surveys in Singapore website to check out:

  1. Toluna Singapore
  2. Viewfruit
  3. LifePoints Panel SG
  4. ClixSense
  5. PrizeRebel

The concept of completing online surveys in exchange for monetary rewards is quite straightforward and doesn't require much technical skills. If you think you have time to spare, this is something you may want to venture into.

12. Event Planning

Average Salary: Ranges from $1,800 to more than $5,000. However, varies according to weddings and how many weddings a month.

Were you always the designated party planner when it came to family gatherings and special occasions? Then maybe you have what it takes to start a small event plannig business. Such events you can consider organising include children's birthdays, gender reveals, wedding proposals, and the list goes on.

While it does sound like all fun and games, do not that there's a lot that goes behind event planning as a professional; it's not walk in the park. A few areas to take into consider include logistics, suppliers, venues, caterers, as well as photography companies.

Here is a good resource to read for those interested in knowing more about how to work from home as an event planner.

13. Tutoring

Average Salary: From $30 per hour

If you have an interest in education or expertise in a certain area, you can start this small business by deciding on the subject that you have specialization in. The arrangements between your students may vary, depending on the agreed arrangement. In Singapore, most freelance tutors visit the homes of their students and are under parental supervision throughout the session. Alternatively, you can also offer online classes and accommodate several students at once as well.

Webinars are also proving to be a growing trend among working professionals today, especially with the pandemic still underway.

Learn more about Running a Webinar with LinkedIn here.

14. Translator

Average Salary: From $50-$70 an hour

Translation has become a fast high-potential web-based business that offers opportunities to make money online. With some companies, you get paid for translating, per word.

However, it still depends on the type of document to be translated, the language combination, the amount of work involved, the subject matter and the deadline.

Ready to start your business? Register with us!

If you're looking to get started on your small business, what better way than to get your company incorporated?

With Aspire Kickstart, aspiring small business owners can incorporate their Singapore-based business in a day and open an Aspire Business Account at the same time too—it's like killing two birds with one stone.

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