Are you a writer looking for profitable business ideas for writers? If that is you, we are here to help you out. Here are the best business ideas for writers.
Precisely, we have outlined 9 different business ideas for writers in this article to make it easier for you to choose which business you want to start.
However, before we proceed to the business ideas, let’s first consider an overview of writers’ business.
Keep reading to find out more.
Business Ideas For Writers; An Overview
Writing is one of the most profitable careers that are always in demand and stand to be for years to come.
People with excellent writing skills are often considered more credible and influential.
There are many innovative business ideas online and offline for people with good writing skills.
Also, earning through writing has become much easier nowadays because, with the help of the internet, people can make cool cash from the confines of their homes.
Industries and small businesses seek good writers for various purposes.
With the rise of content marketing, business owners need more content to engage their customers.
However, not every business owner has the skills to create quality content.
Hence, they outsource to writing professionals.
In addition, some people have excellent ideas for a book but don’t know how to put down their thoughts.
So, they need skilled writers to achieve their goal of becoming authors.
Overall, there are a lot of business opportunities in the writing industry.
You can either write for people or write and sell your content.
Either way, the writing business has a lot of profit potential.
Having established these facts, let’s look into the various business ideas for writers.
9 Business Ideas For Writers
1. Blogging Business
As a writer, this is one of the business ideas you can explore and make good money.
Hence, it is one of the business ideas for writers.
Blogging entails giving information about a focus area.
You can blog to promote other people’s products and services, or do that yourself.
To be a blogger, you must be creative, and passionate about your business to succeed.
Here are a few steps you may need to follow to set up your blog.
Set up your blog.
Setting up a blog will require you to have a blog name.
Your blog name should be simple and appealing to your readers.
It can be formed with a combination of simple words, e.g. (Udblog.com.)
Above all, avoid using characters, numbers, or hyphens for your blog name.
Choose your blog niche
After setting up a blog, the next is to choose your blog niche.
Choosing a niche involves specifying your focus area.
For instance, you can write about food, travel, animals, cars, or anything that interests you.
Choosing a good niche depends on certain factors, including your skills, passion, and experience.
Aside from that, other things you need to consider while choosing a niche include target audience, topic or field of specialization, expertise, leverage, and so many other things.
Go online and establish a theme
After choosing a niche, the next is to take your blog online and establish a theme.
This has to do with installing WordPress.
Arguably, WordPress is one of the best platforms to start a blogging business.
Although, there are other good platforms like Typepad, Ghost, Weebly, Joomla, Wix.com, Blogspot, and others where you can start your blogging business.
Furthermore, picking a theme and a hosting platform is also one of the first steps in creating a blog.
Many attractive themes and hosting platforms, such as “Bluehost,” are integrated into the WordPress website builder.
Hence, the importance of a host can not be overlooked as it helps make your website accessible to other people on the internet.
Also, it helps keep all your website files secure, ensuring that people access your blog anytime they click on your link or URL.
The host is like a home that houses everything on your website and allows others to access your page.
Finally, another step you can take to create a successful blogging business is to promote your blog.
You can promote your blog by adding more relevant links as possible.
Overall, you can choose to promote your writing business with various social media platforms depending on your choice and financial capability.
2. Ghostwriting Business; Business Ideas For Writers
Ghostwriting is another way you can make money in the writing industry.
This is one of the profitable business ideas for writers.
Presently, ghostwriting service is in high demand.
There are a lot of business owners and authors with excellent writing skills but do not have the time to write.
Hence, they are always looking for skilled writers that can help develop great content.
As an aspiring entrepreneur with great writing skills, you can opt for a ghostwriting business and make cool cash from it.
However, you should know that your work will be published in your client’s name and not yours.
Aside from that, a ghostwriting business can be profitable and has the potential to pay you your dream money.
It all depends on the amount of time and effort you put into it.
Furthermore, it is a business you can do from home or anywhere of your choice.
All you need is your laptop and a steady network connection so you can work seamlessly without issues.
Overall, you can do the business part-time or full-time, depending on your preferences and capability.
3. Freelancing Writing Business
Freelancing is another thriving business that fetches a lot of money for writers.
Hence, it is one of the business ideas for writers.
The business offers writing services to different organizations and businesses on a contract basis.
It is a business you can do from home or anywhere of your choice.
Also, it is profitable and quite demanding.
However, the freelancing business has both upside and downsides.
On the upside, it will allow you to work independently and at your own pace.
Also, you can decide who to work with and when to work.
Another good thing about the business is that the income can be consistent and unpredictable.
On the other hand, freelancers don’t enjoy employee benefits such as health insurance and paid time off. Etc.
Also, all the business expenses usually come from their pocket, and sometimes getting clients as new freelancers can be difficult.
In all, freelancing has more advantages than disadvantages, so starting your entrepreneurship journey is a good business idea.
One easy way to get a freelancing job is a consistent visit to freelancing sites like Upwork and Fiverr.
Furthermore, as a writer, there are certain skills you will need to possess in other to succeed in this business.
Some of these skills include sales marketing skills, networking skills, interpersonal skills, communication skills, and customer service, among other things.
Also, you will need your laptop and a good network connection to work and deliver when expected.
4. Social Media Marketing Business; Business Ideas For Writers
Social media marketing is another way you can make money with your skills.
It is also one of the business ideas for writers.
The business uses social media platforms and websites to promote products and services to a larger audience.
The importance of these platforms can not be underestimated.
It helps brands to connect to their target audience within a short period.
Also, it helps build a brand name, increase sales, derive traffic, build a community of followers, and share content.
As a writer, there are two ways you can do this business.
Firstly, you can use different social media platforms to promote your writing work\ and, in turn, get more readers to your website.
Do you know what that means?
The more readers, the more sales you make.
Alternatively, you can use your writing skills to promote other people’s businesses and make money.
However, the business will require you have specific skills such as communication skills, creativity, efficiency, and top-notch organization.
You will also need to know about traditional and digital marketing, customer care, data analysis, and the ability to adapt to new things.
One good thing about social media business is that you can run it from the comfort of your home or any other place.
All you will need is a good laptop and a strong network connection so you can work, reach, and be reached by your clients and customers.
5. Advertising Campaign Development Business
Why not consider starting an advertising campaign development business if you have strong writing skills?
Hence, it is another profitable business idea for writers.
The advertising campaign is an organized course of action used in promoting products and services.
It is also a persuasive means to lure people into buying and using your products.
The business is in high demand as many business owners seek professionals to help them develop strong advertising copies for their companies.
It could be for television, radio, print, or internet advertisement.
You can seize this opportunity and make cool cash from it as a writer with good writing and marketing skills.
To succeed in this business, you will need to possess skills like media skills, personal mastery skills, project management skills, communication skills, and marketing skills.
Overall, with proper research and publicity, you will always get clients willing to sign in for your service.
6. Creative Writing Business
If you are naturally endowed with creativity, you can turn it into a money-making business and earn from it.
Creative writing is also one of the best business ideas for writers.
Creative writing is a form of writing that goes beyond the traditional way of writing.
It includes a combination of different genres and styles from all fields, fiction, and non-fiction.
It could be prose, poetry, storytelling, journalistic, playwriting, peaches, biographies, and more.
To succeed as a creative writer, you should be able to convey meaningful information outside the scope of business, academic, or technical writing.
Also, you must follow the rules of writing combined with your imagination to create stories or poetry that entertains or otherwise engages your readers.
Aside from that, as a creative writer, you could find yourselves working in the entertainment industry or any other organization.
One unique thing about creative writers is that they read and write a lot.
They also accept feedback from others in other to improve their skills.
To start this business, one of the most important things you need is first to pick a niche.
Understanding the type of writing that appeals to you and reading books by other authors will help you become familiar with your subject.
Secondly, you need to know your audience.
Before starting your writing, it is important you know who your readers are and what they might expect.
Knowing who your target audience is will enable you to adopt the best writing style, language, and description in your writing.
Thirdly, you need to source local resources.
For your writing purposes, we suggest you check with your local community college and libraries for writing seminars with great authors.
Some local libraries may feature helpful materials that promote your writing business.
Also, you can sign up for a creative course or class, either online or offline, to add to your knowledge and improve your skills.
One of the ways you can do this business and make money is by writing and promoting your books as an independent business owner.
Alternatively, you can partner with different organizations and businesses to render your creative writing business and get paid.
Overall, some basic skills you should have as a creative writer include close reading, observation, note-taking, and research skills.
7. Song Writing Business; Business Ideas For Writers
Songwriting is another way can turn your skills and passion into a business.
It is one of the lucrative business ideas for writers.
The songwriting business involves writing the lyrics of songs and the musical elements and selling them to musicians.
If you have a passion for songs and the required skills, starting a songwriting business will be a nice idea.
There are a lot of opportunities currently that can fetch you a good amount of money.
Depending on your preferences and financial strength, you can take the songwriting business as your part-time or full-time career.
As a songwriter, one of the things that can help you succeed in this industry is your ability to craft original melodies that appeal to your audience.
Also, the amount of time, effort, consistency, and dedication you put into the business will help it grow.
8. Proofreading service
Proofreading is another kind of service you can offer to make additional income.
It is also one of the business ideas for writers.
The business involves checking materials just about to be published to ensure they are error-free.
So, if you have the skill of picking out errors from writing work, you can consider starting a proofreading business.
To render your service, you can work with organizations like book publishers, magazines, newspapers, employment services, movies, and advertising/PR services.
To start this business, you don’t necessarily need a degree.
However, if you can afford one in journalism or other related fields, it will give you an edge.
All you need is a basic skill and good command of the English language.
9. Freelance Reporting Business; Business Ideas For Writers
If you are a writer and you have an interest in journalism, this is for you.
Freelance reporting is also one of the profitable business ideas for writers.
It is all about gathering and reporting news stories and other information for various organizations on a contract basis.
So, if you have noise for news, you can seize this opportunity, work independently for organizations and make good money from it.
Here are some of the skills you need to possess to succeed in the business.
- Strong writing skills.
- Ability to meet deadlines.
- Ability to accept and learn from criticism.
- Marketing skills.
- Ability to handle rejection well.
Finally, you will need your personal laptop/phone, constant light supply, and a good network connection always to work and deliver on time.
Conclusion On Business Ideas For Writers
In conclusion, here are the most lucrative business ideas for writers.
Trust us, all the business ideas mentioned above are profitable.
So, explore any of them that suits you most and start immediately.
Remember, there is no better time to turn your skills into a money-making business than now.
Stop thinking and get to work.
To read other articles on business ideas, check out Business Ideas For Single Moms.