Are you ready to take on the world of entrepreneurship? Now's the time to do it. Thanks to social media, crowdfunding and alternative lending options, and the constant evolution of technology, this year is a great time to start a business.
Here's a list of 10 business ideas to inspire your entrepreneurial spirit as we keep MARCHing in 2016.
1. Haulage
Haulage involves transportation of goods and products from place to place. Most businesses that deal in goods and services—especially manufacturers and wholesale dealers—need haulage contractors from time to time to help them transport raw materials or distribute finished goods to their customers. To start a haulage business, what you basically need is a good truck, a driver, and a contract with a company to handle their haulage tasks; and you are good to go. Now that lots of online stores are springing up, this business also involves working with online stores as partners to help in delivery of their goods.
2. Event planning
Another business that you can run without having to sell any products is event planning. However, you need to have a passion for planning and organization to succeed in this business. You could be either a corporate or a social event planner.
Corporate event planners organize meetings, workshops, annual general meetings, luncheons and other corporate events for companies, while social event planners organize weddings, birthdays, bridal showers and other social events for their clients. Social event planners get more jobs regularly, while corporate event planners usually don’t have as much events to plan but may earn a lot more than social event planners. So you need to consider this difference before taking a plunge.
3. Babysitting
This is also known as child minding. A large percentage of parents are of the working class, which means they have to be at work every day and usually need someone to mind their kids until they are back home. This is where babysitters come in; they help parents take care of their kids until the parents are back home. As you expand, you can decide to start a preparatory school and grow into a full-fledged academy.
4. Tutoring
Tutoring is another business that completely requires no form of selling. All you need is a sharp mind, excellent teaching skills, and good advertising strategies to make people aware of your services. Tutoring services can be done online or offline.
Then think of setting up a tutorial centre as time goes.
5. Business coaching
Many people want to start their own businesses but are completely at loss on how to go about it. Such people need guidance and direction from an expert who would hold their hands and guide them through the process—and, of course, get paid for the services they render. If you have the passion, knowledge, and experience required to become a business coach, why not go for it and start a business consultancy firm.
6. Cleaning services
If you love to clean or you are obsessed with organizing things, offering cleaning services is a suitable business idea for you. There are many people who cannot afford the time to clean their own homes or offices—but are willing to pay anyone who can do it for them
7. Laundry services
Laundry service is a simple business to start provided you take your time to learn the skills required and to understand how to maximize your income potential. Again, it requires small capital and little advertising.
8. Market research
Market research is usually required by companies that are planning a start-up, considering adding a new product to their line, or making changes to an existing product. These companies cannot just do any of these things without first studying the market and the consumer’s likely reactions to such decisions. Usually, it is the market researchers that are contracted to carry out these market research tasks.
9. Blogging
If there’s a topic you love or something you would like to talk about and share with the world, you can easily turn that into a money-spinning business just by creating a blog and having people advertise their products or services once the blog starts generating huge traffic.
10. Freelance writing
Lastly, you can become a freelance writer. You will be paid by individuals and organizations to write blogs posts, magazine articles, business plans, ebooks, and so on. And you’ll be well-paid for doing that.
SHARE YOUR BUSINESS IDEAS WITH US AND WE WILL SURELY PROVIDE YOU WITH THE NECESSARY INFORMATION.
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