Black Friday Sale! 50% Off All Access

5 Best Online Businesses to Start This Year (Infographic) The internet provides a number of opportunities for aspiring entrepreneurs.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

Portra | Getty Images

There's no better time to start an online business. Today, most retailers are finding that a good deal of their sales come from online shoppers. However, it doesn't stop there -- nearly every industry is moving online. So if you're thinking about starting a new business venture, you should think about how to put your skills to use on the web.

Related: 4 Things to Know About Money and Your Online Business

Not sure what type of online business you should start? Easy. Sell what you already have: your knowledge. Offer your knowledge or expertise in a package, for example in the form of an ebook or a webinar. If your talents lie in creating things, then launch an Etsy or eBay channel and sell your crafts online. In 2016, Etsy sales reached $669.7 million -- an increase of more than $100 million from 2015.

For some inspiration, check out Distributel's infographic below.

Rose Leadem is a freelance writer for Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

Business News

DOGE Leaders Elon Musk and Vivek Ramaswamy Say Mandating In-Person Work Would Make 'a Wave' of Federal Employees Quit

The two published an op-ed outlining their goals for their new department, including workforce reductions.

Starting a Business

This Sommelier's 'Laughable' Idea Is Disrupting the $385 Billion Wine Industry

Kristin Olszewski, founder of Nomadica, is bringing premium wine to aluminum cans, and major retailers are taking note.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Business News

These Are the Highest Paying Jobs Available Without a College Degree, According to a New Report

The median salaries for these positions go up to $102,420 per year.

Side Hustle

20 Ways to Make Money from Home in 2023

Making money from home doesn't have to be complicated. Check out these 20 smart ways to make cash from the comfort of your computer desk.