If you are staying in Alaska and having an idea to open a small business in Alaska, you are in the right place. Below are the lists of a few small business ideas to fill your pocket.
Alaska is o. Alaska is the largest state of the United States so far as the total area of Alaska covers the area of the top 2nd, 3rd, 4th countries which are Texas, California, Montana. Alaska is the seven largest subnational division in the world. Alaska is the third least populous state and the population in Alaska is scattered. The habitat of many indigenous people was Alaska before they were conquered by the Europeans. By the way of the Bering land bridge, the state is considered to be the entry point. Although Alaska is one of the smallest state economies in the country, the per capita income of Alaska is among the highest. Alaska’s economy is dominated by the abundance range of fish, oil, and natural gas. The state’s tourism also has a significant contribution to the economy of the states. Half of the land available in Alaska contains owned public land which includes forests, parks, and wildlife refuges.
Alaska is one of the largest producers of crude oil in the United States. Alaska has got many vast energy resources. Alaska has a wide range of income from the fields of agriculture, fishing, tourism, crude oils.
Top 10 small business ideas which are profitable
Handcrafted products business idea
Since Alaska has many coastal regions, the shells and pearls obtained from them can be used to handcraft decorative things, ornaments, etc. There are so many ways to put the findings of things from the oceanside to good use. Some of the handcrafted items include seashell keychains, shell garden pots, shell treasure boxes, seashell jewelry. The cost of the raw materials available there is considerably low since Alaska has the longest general coastline which extends for 6640 miles.
Fishing equipment store business idea
Alaska‘s economy is dominated by fishing. Most of the area that surrounds Alaska has water bodies. While looking for a place to set up your store, make sure that there is enough demand in that particular area. Keep a look at the competition over there in the area, how much they charge for a particular item, what will you improve in the future. Make the customers choose your shop with your product ranges, reasonable prices, the service you offer.
E-bay selling business idea
If you are producing or manufacturing something in your home, you can make a business out of it on e-bay. It can be easily done from the comfort of your home by manufacturing the product, taking a good snapshot of it, posting it in your e-bay account, then the customers will get attracted towards your unique products. Some ideas for crafts including beads, stone beads, scrapbooking, and paper crafts. An additional tip, make sure that you are constantly marketing your products through social media such as Instagram, Facebook, Tiktok. This will make your business blow up.
Event organizer business idea
Who doesn’t love parties? Organize an event starting from looking for a beautiful, peaceful place to food, music, seating arrangements everything. Earn by helping people in organizing their family events such as spinster party, birthday party, surprise party, cocktail party, dinner party, garden party. People in Alaska love to host and attend parties. The party organizer would be a cash-cow business in Alaska.
Nanny agency business idea
If you are the one who loves to spend time with babies and also getting paid for that, you have to know about babysitting. The average salary of the babysitter at Anchorage in Alaska earns $ 13.50 per hour. You don’t need to search for raw materials or any other things. Baby-sitting requires your time and patient to handle the child with care and love.
Gift stores business idea
People feel like gifting things out of love with they attend a party, wedding, events, or to their loved ones on special occasions. Gift baskets and hampers, jewellery, flowers would be few from the gift category. If you want to make your shop unique, you can deliver personalised gifts by customising them according to the customers. You should know to do things creatively, present them beautifully, and have some good organisation skills. The investment for setting up a gift store is not much.
Tutoring services business idea
Tutoring services in Alaska will pay you high. It is said to be one of the most profitable businesses in Alaska. With the population increasing, the parents want their child to excel in their domain and some parents want their child to have special attention in studies after school. Be it dance or math, if you know it doesn’t stop it with yourself. You can offer services even online nowadays.
Cake shop business idea
One of the most profitable businesses anywhere is cake making business. This business can be started anywhere easily be it a village or a city or a town. The materials that will be required will not cost much. The business will make a good profit to you. Few things that will yield you more profit for the.
Photography business idea
Do you want to turn your passion into a profession? Then you can start making plans for the photography business. This profession will require less cost which you could use to buy high-quality cameras. People say the photo has the ability to freeze the moments. You would get many events starting from birthday parties, weddings, baby showers, gender reveal. You can make money by doing model photoshoots.
Start a creative online business
If you know to put the words in sentences elegantly and easily understandable by people, you can try creating content, blogs, and description for social media posts. This is one of the growing businesses in today’s world. The main goal of this business is to be creative, researching the right content, adaptability, originality, and time management.
Everyone loves to decorate the place they sleep, eat, bathe, cook which is basically the kitchen. These days, people are admiring and loving to create aesthetics design in their home which would be pleasant for their eye. You can try designing the home for people which could need your time, patience, and creativeness.
If you still have doubts about starting and getting a license other than which business to choose for the small business in Alaska. We got you!
Steps to be followed
1. Make sure and decide the right business idea
2. Start doing plans for the business chosen
3. Possible sources of fund
4. Register your business
- The first thing to be done is naming the business
- Choose a registered agent on the behalf of your business to check upon taxes and legal documents
- Get an Employer Identification Number(EIN)
- Filling the documents
5. Set up banking and accounting
6. Getting insurance for the business
7. Obtaining the licenses and permits for your business
8. Hiring employees if needed
9. Building a business website especially for your business
There is an assistance center especially for small businesses in Alaska which consists of an investment section, development section, details of loans, and interest rate.