Business ideas come by at any given point of time to anyone. Every person dreams of being his boss and considers a variety of small business ideas. But then, there is a secret attached to a business idea. You ought to be systematic and thorough part from having passion and direction. Put the ideas together into a solid list of proven and practical business ideas. Evaluate which of these ideas would most likely work for you.
We have continued the list of best small business ideas for 2020 from part 1 for your easy and leisurely relading.
Professional organizing:
If you fancy yourself as incredibly organized and have an eye for color-coding, have a place for everything, you could be apt to start a professional organizing business. This a small business idea has been a hit these days where professional organizers offer tips and strategies for an organization based on their space and help them sort out their clutter. This job is a niche job and there is a clientele willing to pay for these services.
Interior Decorating:
You could apply your love of design to an interior decorating business and leverage your network to offer help decorating residential and commercial spaces. You could charge an hourly fee to clients for your work and also partner with furniture stores or furniture manufacturers to work on commission or a combo of both.
Bed and Breakfast:
If you are living in a designation that is being frequented by tourists, this could be the business idea that you could bank on. The business requirement here is to have a guest house or even a spare bedroom and you should be able to cook and entertain the guests.
If you can check all the boxes, this could be the best small business idea turning your home into your B&B. Sites such as VRBO, AirBnB, OYO rooms have made it easier than ever to market your home to travelers in need, and you may even make new friends along the way.
Food Truck:
Food is good business. But when the food is on the move, it’s much better. Food trucks have been there for quite some time offering unique, specialty food that people don’t usually find it in a normal restaurant. If you are into food and know of some great family recipes that could be of great demand, you know where to invest and what to do. This is a great small business idea and quite successful in it too.
Get a space where you can park the food truck that draws a lot of crowds, mostly foodies. One tip to keep in mind is that to run a food truck, you would have to meet a set of special ordinances and safety compliance standards. Get in touch with the right authorities and get a clearance to begin with and then you are all set to serve…
Freelance Copywriting and Content Creation:
If you are a pro in content creation, starting a copywriting or content marketing or content creation service is the best business opportunity to tap into. This small business idea can be the best-made use of like a work from home option.
Many businesses out there are in the lookout for high-quality written resources such as blog posts, ebooks, white papers, brochures, newsletters, etc. For a freelance wordsmith like you, there is tons of opportunity. Afterall Content is King.
Website Development and Design:
For a business to succeed, a basic website is required. Many business owners, unfortunately, are unaware to set up for themselves. If you are a pro in IT and design, you have a great opportunity to build custom websites. You can use many free platforms to gain your first clients and then use your portfolio and word-of-mouth recommendations to grow your client base.
Social Media Specialist:
There is an endless opportunity waiting for social media specialists in the market. Companies and organizations, large and small, all need to be posting regularly on social media or competition will catch up. Many companies outsource this work to social media specialists. This is great business since it is an ongoing work and a recurring revenue stream. To top it all, the work is easy and can be delegated.
SEO Consultant:
Search engine optimization (SEO) is now turning into the backbone of almost all online businesses. Businesses out there are in the constant lookout for SEO consultants who can increase organic visibility, get great keywords, build backlinks, optimizing the website technically, provide quality traffic and sales to their online business and so on. If you are an expert in SEO, this is a great opportunity to start your consultancy.
To launch this low-cost setup business idea, you have to be trained in SEO, and launch a website to advertise your services.
APP Development:
App development is an excellent small business idea as there are so many businesses that want apps developed to supplement their business. If you are adept in app development, you could get your services hired for Android or iOS or game sites, productivity tools and so on.
Final Thought:
Choosing a great business idea can bring in all the difference in the success of your business. But for that, you ought to have a lot of patience and give the effort your business deserves. There might be better small business ideas that we may not have covered that might be even better for you. Do consider your background, skillset, knowledge, funding possibilities, etc to decide what kind of small business is more realistic for you to start.
There is no one-idea-fits-all, what’s best for others might not be for you. Your small business idea options don’t end with this list that we have compiled. It’s only the beginning. So decide what you are good at, what you love to do and turn that into your new career.
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Andrew Botterill
4 years ago