The business & problem solving industry spans a range of marketplaces that offer a broad spectrum of goods and services. There are plenty of opportunities in this industry for you to capitalize on ranging, from businesses that provide direct goods such as solar panels, to those that fill universal service needs, such as importing and exporting, and everything in between.
This industry gives entrepreneurs the choice between a business to consumer (B2C) and a business to business (B2B) model. While many people get into entrepreneurship with the intent to sell a product or service to consumers, B2B businesses make up a significant portion of the market. The aim of this industry is to create and satisfy the needs of companies while remaining competitive in the marketplace. More specifically, the digital era has established a platform for creatives to market non-traditional skills (such as web design, 3D design and printing, and video production) as highly valuable assets for successful enterprises.
Because of the rapid development of technology, the world of business is becoming redefined and is no longer restricted by location or by industry. Business models continue to grow with the demands of connectivity, competitive markets, and the transition to digital marketplace presence over traditional analog branding. That evolution also offers potential business owners the means to redefine traditional products, services, and skills within their fields or markets of interest.
Starting a business or marketing skills as a creator, collaborator, or developer can be daunting, however, we have a great list of ideas for you to get started with.
A 3D printing business is usually affiliated with a larger business such as Shapeways. The benefit to this is that you focus on creating 3D designs and taking orders while Shapeways prints the actual objects. The eventual profits are then split between yourself and Shapeways.
This business is great for artists, particularly those who have created physical works (such as statues and carvings) before. Arguably, the most important part of this job is being able to take a good idea and use a combination of software and artistic skill to make it into a reality.
Accounting services keep track of income, expenses, taxes, and other financial-related information for organizations and individuals of all types. Accounting services are in-demand for good reason. Professional accountants provide business owners and individuals with a clear picture of their finances, implementation of tax mitigation strategies, and all sorts of other financial benefits for clients.
If you are good with numbers, computers, spreadsheets, and have a passion for business, an accounting service is right up your alley.
In today’s marketing-saturated world, businesses need creative and effective advertising campaigns to help attract customers. Advertising agencies specialize in creating and planning these campaigns. In the United States, which is the world’s largest advertising marketplace, the industry’s annual revenue is $44 billion and growing.
People who are both creative and have a mind for business may be well-suited for running an advertising agency. Creating pitches for clients requires great creativity, but this must be balanced with a business sense that considers the agency’s financial viability.
Affiliate marketing is the art of turning fame into a business. People who have managed to attract an audience are paid to endorse related products or services on their public platform. For example, if a popular nutritionist blogger endorses a new line of supplements.
Affiliate marketing is excellent for a passionate person who enjoys being in the public spotlight. They should be good at promoting brands without coming across as a salesperson. They’ll need to be good at handling questions and potential criticisms from both their fans and the media.
Heating, ventilation and air conditioning (HVAC) technicians are especially qualified for starting an air duct cleaning business, as they already have the technical knowledge that’s necessary to clean air ducts. Anyone who is mechanically inclined, however, can learn what they need to know about HVAC systems.
It also helps to be self-motivated, as business owners often are working by themselves when cleaning air ducts.
Finally, this is a business that can be started while working another job, as cleanings can be scheduled around other obligations. A business owner who has a traditional day job, for example, can perform cleanings during the evenings and on weekends.
An Amazon drop shipping business is essentially a middleman between customers who want to purchase products and businesses that sell them. A drop shipper will receive orders from customers, purchase those products from a separate retailer, and then ship those products directly to customers. This helps eliminate some of the costs and time associated with traditional distribution channels.
Success in this business model is dependent on your ability to establish fruitful relationships with drop selling wholesalers. You must also have a knack for finding products that will sell and marketing them in ways that will appeal to customers.
Why we like this business:
Flexibility is what makes this business so great. First of all, you have flexibility in how much time you spend in your drop shipping business. It can be run both as a side business or as a full-time job. Secondly, you have flexibility in the kinds of things you sell to your customers. You can focus on a very specific product, or have a diverse list of products that your customers purchase. The customization potential of drop shipping businesses make them great business for a wide variety of business owners.
Has every app conceivable already been invented? Not at all. There are literally millions of apps that have yet to be created. Some have an obvious demand while some apps introduce new emerging ideas. Going into this business is very rewarding because it is getting easier to create software applications. Additionally, new users tend to multiply, which continues to create more demand for apps.
Anyone who loves computer programming or general problem-solving would be great for this business. It helps if you have experience working on software development teams that produce popular applications before you try to go off on your own to start an application development company.
Software programmers often work very long hours without immediate reward, because solving the programming problem is the driver that pushes them forward. In this type of work, it is rare to have regular working hours, so you should be prepared to adopt a schedule that can adjust according to changing workloads.
Architecture firms may work for local, state, or national governments or for private companies that want to build buildings. They are engineering as well as design-driven and must solve many complex problems related to building structure as well as aesthetics. This business is needed today as competition in the country drives the need for expansion of infrastructure, business and, ultimately, new buildings and structures.
This business is perfect for individuals who love to work with their mind and have good attention to detail. Long hours are part of the job and companies that put in proposals for major projects don’t always hear back right away so business owners need to be good at managing cash flow.
Getting good information on the Internet is tricky. Anyone can publish anything with a cheap hosting account and a domain name. An authority website stands above the noise by providing detailed, honest, and trustworthy information about a specific topic.
It makes money through affiliate products and promotions and by advertisements on the site. A model authority site, such as Dr. Axe, provides people looking for health advice with articles, workout routines, healthy recipes, and more. This is not to be confused with a niche website, which has much less content, and may or may not have the same level of quality.
This kind of business is ideal for individuals who are passionate about a subject, love writing and reading about it, and have good managerial skills. Since authority sites are so large, they are rarely run by just one person. Usually, the owner delegates a variety of tasks to other people, with many of the tasks outsourced to independent contractors and content creators.
This business is very flexible due to the fact that content scheduling, and all business-related activities, can be done on a flexible schedule. Most authority site owners don't have to meet face-to-face with clients or customers on a daily basis, if ever.
Banks take in deposits from depositors and then lend that money out to other people and businesses. Banks provide a vital function in the economy. Namely, liquidity. They allow individuals and businesses to pay for goods and services, investments, and assets that they otherwise would not be able to afford.
Owning a bank is a demanding endeavor. It requires intimate knowledge of the banking industry and regulatory structure of the financial services industry. A banker needs to be good under stress, love working with numbers, and also working odd hours. While employees clock out at the end of the day, a bank owner may need to take his or her work home with them.
Billboard advertising companies purchase or rent small lots of land to erect billboards that are used to display ads for their customers. Other types of outdoor billboard advertising include signage on public benches and buses. These businesses also buy billboards from other companies and resell the advertising space for a higher price. They perform a valuable community service by enabling property owners to earn income by leasing an unused portion of their land to provide advertising space for businesses.
This is a great business for those who enjoy making mutually beneficial connections between landowners and entrepreneurs. Billboard advertising business owners play an important role in increasing the visibility and success of businesses. Those who prefer to perform a wide variety of duties in a number of different work environments both indoor and outdoor, thrive exceptionally well in this business. Community-minded individuals are well-suited for meeting the challenge of matching the right location with the right advertiser at the right price.
Mining Bitcoin and other cryptocurrencies is the Wild West of technology and finance. The field is still evolving and largely unregulated, and the work comes with risk. As with any frontier, however, there’s significant profit potential for those who succeed.
Anyone who wants a primary or side business that provides passive income may be interested in running a cryptocurrency mining business. The work involved can be arranged around other obligations, and the budget required can be adjusted as needed.
Why we like this business:
Cryptocurrency mining is a new, innovative field. If you are looking for to start a business in an exciting, unique field, bitcoin mining may be the business for you. The amount of work you put in is up to you, so a bitcoin mining business can be run full-time or as a side business to whatever you spend the rest of your time doing. As a pioneer in the industry, you will have an exciting time figuring out the ins and outs of cryptocurrency and the process of mining it for a profit.
A bookbinding business (or bookbindery) binds books together. Rates are generally based on the size of the book. Even though physical book sales have been a little uneven for the past several years, there’s no reason to fear they're going away anytime soon. Bookbinders have a unique opportunity to create more book buyers by using their creative visions to keep the public interested in having books on more than just their phone or e-reader.
This business is good for someone who has connections in the publishing world, and who has experience in what it takes to provide quality bookbinding services. Anyone thinking of trying bookbinding should be good with their hands, as it can end up being a very manual process.
Business consultants provide a necessary service to startup businesses and entrepreneurs. They help the business get off to a good start by providing the know-how and resources necessary for success. A business consultant usually retains a book of clients and may limit his or her business to just several hundred (or fewer) businesses or entrepreneurs.
This business is perfect for seasoned business owners or upper level managers who are looking for a career change. A business consulting firm must be experienced in business management, marketing, and team building and management. They must also understand how to generate revenue from a wide range of businesses and expand existing streams of income.
Businesses looking for money need to present their research-based strategies to investors and lenders in clear and concise writing. Such information is detailed in business plans, which business owners can write themselves or have written by specialists. Business plan writing businesses specialize in this particular type of writing.
Writers who can compose effective business plans will always be in high demand. A business’ chances of successfully growing or securing funding almost double if there’s a business plan drawn up as opposed to when there is no plan in writing.
Anyone who enjoys writing and is an entrepreneur at heart may enjoy running a business plan writing business. Much of the work involves writing, and having a love for business will help writers stay motivated while working on plans. Writers should also be detail oriented, as much of the writing process includes in-depth research.
Call centers are often outsourced by smaller businesses to meet their customer service needs without setting up a new department. Agents must be highly adaptable because call centers may handle multiple companies simultaneously. Call centers can either charge per call or per hour, which ‘bakes in’ the price of all overhead (wages, rents, equipment, etc.)
Those hoping to own and maintain a call center will need to understand the subtle art of customer service, upselling, and straight sales. As more of our communication becomes automated, it’s the human touch that will stand out. However, because call centers are easily outsourced to other countries with much lower wages, there will be a need to balance the rates of each call. Owners must be business savvy and no stranger to networking.
A car rental business rents vehicles at affordable daily and weekly prices. All sorts of different parties are interested in car rentals. Common customers include business and leisure travelers, those whose vehicles are out of commission and businesses.
This business is ideal for someone who has a sincere interest in automobiles, automobile maintenance and the driving experience.
Career coaching is in high demand as more individuals enter the job market and jobs continue to be scarce. Offering professional insight to others as they seek to grow their personal brand and increase their career trajectory can be a very rewarding business, both personally and financially.
If you love working with people, are a great communicator and motivator, career coaching may be a great fit. Generally, career coaches have been in the business world for some period of time, may have advanced degrees, have spent time in a consulting firm, or perhaps are retiring from executive leadership positions.
As the owner of a cartoon service, you can take your talent for drawing and perhaps writing cartoons in a number of directions. You could create art for greeting cards, books and magazines, digital clients, animation studios, ads, comic books, merchandise, cartoon syndicates and almost endless other sales channels both online and off.
First and foremost, you must have a talent for cartooning. For many kinds of assignments, the ability to write—especially in a humorous vein—is also necessary. Beyond that, your marketing skills and self-promotional instincts will help you commercialize your talent in a number of ways.
Production companies regularly have specific talent needs for the productions they’re working on. Casting agencies help production companies find the talent they need. Most agencies specialize in a specific niche, such as theater performers, commercial actors, films and television show actors, or extras.
As video-based mediums continue to grow, there is a lot of opportunity for casting agencies. According to IBISWorld, agencies’ aggregate revenue in the United States is $875 million annually and growing at 4.3 percent.
Casting agencies are good businesses for people who have a passion for entertainment and previous experience in the industry. A love for the work will help business owners stay motivated when working long hours, and previous industry experience helps business owners network (see below).
Business owners should be prepared to work nights and weekends, as production companies rarely operate on a standard 9:00 a.m. to 5:00 p.m. schedule. Most people who have experience in video or theater are already familiar with the hours that the industry requires.
Why we like this business:
Casting agency businesses are great because they offer creatives the opportunity to interact with multiple clients and a diverse set of projects. By owning a casting agency, you are operating as a liaison between visionaries and prospective actors to facilitate the actualization of their projects. This industry offers you multiple roles that not only represent your creative identity, but also your social, entrepreneurial, and strategic characteristics as well.
School counselors are often overwhelmed with the number of students they counsel each year, leaving them little time to assist in the college planning process. College planning consultants guide families through the entire process, assisting in choosing schools, the completion of application forms and essays, and preparing for standardized tests.
Those with a thirst for knowledge and who are passionate about helping others will excel in this profession. Your team’s primary focus will be to get to know these young adults on a personal level, using this knowledge to identify their strengths and weaknesses. Once you’ve tapped into this, you’re equipped to assist them in determining what schools are best for them and how best to proceed from there. Since colleges consistently change their admissions process, you must be committed to keeping up with these changes. A love of traveling is also important, as you’ll want to spend a portion of your time visiting college campuses, building relationships with individuals in the admissions office.
This business is needed because not all businesses can afford (or don’t want) to maintain in-house cleaning staff. These companies fill in the gaps needed to maintain a business without requiring the business to commit to the full costs and overhead of an employee.
This business is perfect for individuals who are passionate about cleaning and have good attention to detail. Business owners should also be passionate about working with other business owners and maintaining high standards for cleanliness.
Commercial photographers capture artistic photographs with an emphasis on marketing and selling products and services. Photographs can be used in advertisements, brochures, leaflets, and even restaurant menus.
The creative individual that is passionate about photography and inspiring others through their work is drawn to this profession. Those entering this specialized field often do so because of their passion and eye for both fashion and photography. The combination of these two art forms serves as a creative outlet. Successful photographers are often able to travel the world, earning an income that supports them, as they work to fulfill their dreams.
While a content marketing agency focuses on creating content, the nature and purpose of that content may change from client to client. Some clients primarily want to increase their customers via traditional advertising, whereas others want content that integrates with their sales funnel and improves the process of gathering leads. Still other clients may want help developing their unique brand and creating a social media presence in which their target demographic may engage with that brand.
Content marketing is, put simply, an intersection of creativity, sales, and media management. Thus, this job is ideal for someone who is already experienced in one or more of those areas. For instance, someone with a background in writing will have an easier time creating certain kinds of content, whereas those with a background in advertising will approach content from a different angle. Sales veterans will understand how all of this impacts a company's bottom line, whereas savvy social media users will understand the need to use non-traditional channels to build, maintain, and propel a company's brand.
A contract negotiation service has a wide variety of clients. This includes clients in fields such as media, insurance, software, and so on. Your business may occasionally work with governmental entities, non-profits, and unions. Regardless of the client, your business serves to resolve disputes and ensure that the companies involved are able to come to terms.
This business is best for those who are able to easily understand various points of view from different parties. An ability to quickly gain confidence in others and persuade them to make necessary compromises is also beneficial. While it is not strictly required, having a college degree in fields such as business, political science, or a related field in which you intend to specialize can help you out, and it may be necessary to negotiate certain contracts with certain companies.
These businesses are usually companies that are hired by other companies for marketing projects. They craft content such as blogs, social media posts, industry reports, and more. Copywriting companies work on a freelance basis because there aren’t many companies that hire writers exclusively. Because of this, you should aim to work with multiple clients to keep work steady.
This business is only suitable for individuals who have a passion for writing or managing writers. It helps to have excellent command of the English language, but you don’t need to be an English major. You will work long hours and work tends to be unpredictable. Some clients will demand nights and weekend work for projects.
A creative agency helps businesses decide on a branding strategy to present to the public. From logos to slogans to blog content, creative agencies give a company a strong and consistent voice that will appeal to their target demographic. While an advertising service aims to spread the name of a company by buying media space, a creative agency will provide the public face of the company's values and mission. Creative agencies stimulate the local economy and support small businesses by giving their clients an edge in competitive industries.
This business is good for those who spend all day long coming up with ideas. The best entrepreneur will understand that most ideas can not (and should not) ever be brought to fruition, but will still value the process of brainstorming. Also, anyone hoping to get into this business should be comfortable with presenting their work and interacting with a variety of people.
If you've ever traveled outside the country, you know exchange rates can kill you, but only if the foreign currency is worth more than your home country's currency. For example, if $1 will only buy £0.70, then you're effectively "trading down," assuming costs for goods and services are relatively equal in both countries.
But, you can take advantage of these same exchange rates, and make a profit, if you own a currency trading business. Foreign exchange trading involves buying and selling foreign currency to make money off an international foreign exchange market. Since the value of the world's currencies are constantly changing, the purpose of the business is to time the buying and selling of currencies, trading one against another, so that the company profits from currency swings with minimal losses (called "drawdown").
This business is ideal for individuals who love high-risk businesses. You must be willing to work long hours, be good with numbers, and be willing to learn about and understand various trading algorithms. You should also be passionate about world economies.
Customer service can make or break a business. When a customer calls in with a question, problem, or concern, the way they're treated often determined whether they will remain a customer or buy from a competitor. Service also determines how well a customer's problem is addressed and, ultimately, whether the business does a good job solving it.
This is why a customer service consulting business is so valuable. It helps businesses and firms improve their customer service by doing customer surveys, offering customer service training lessons, examining the workflow of customer service processes, or trying to develop an improved culture of service.
They primarily serve industries and business that are very service-oriented, like restaurants, coffee shops, and beauty salons. Consulting for these types of business is different from product-driven companies, which typically try to improve customer service to better handle complaints.
A consulting business must understand the nature of customer service and service-oriented businesses and their need for quality service. They must study the target consumer for the company and product and how best to service their needs.
This business is perfect for individuals with good people skills and a drive to facilitate good communication between two or more people.
These businesses are necessary because most businesses have a need for data entry, information tracking, organization, and analysis. Popular websites offer jobs that can be bid on by data entry businesses, which then enter data for any company that needs it. Most large companies contract with independent data entry companies for either part-time or full-time data entry needs.
This business is best suited to business owners with strong managerial skills. If you plan on owning a one-person business, you should also be comfortable using a variety of popular spreadsheet and word processing programs. Running a data entry business is typically a “9-to-5 job,” but may also include weekends and nights based on the project.
As the owner of a debt collection agency you’ll contact debtors and work with them to figure out a way of paying what they owe your clients. You’ll maintain a calm, patient demeanor and make the process as fair and stress-free as possible.
You must be able to persevere and take rejection well. You’ll often find yourself in uncomfortable positions in contacting individuals who owe money and don’t want to pay. They might be hostile, embarrassed, frightened, or unwilling to talk to you at all, but you can’t be defeated by all of the negative attitudes you’ll encounter.
You should also have the sales ability to gain the trust and confidence of clients.
While there are national delivery services, such as USPS, FedEx and UPS, people often need packages delivered to nearby locations in a shorter timeframe than these services are able to provide. A delivery service provides fast, often same-day delivery, within a particular area. A service may specialize in a specific type of delivery, such as delivering food, or it might deliver all kinds of packages.
A delivery service business may be a good choice for someone who is physically fit and has reliable transportation. Physical fitness is necessary because couriers sometimes have to deliver heavy or oversized packages. A larger vehicle, such as a van or SUV, is less fuel-efficient, but it ensures that a courier service can accept all kinds products.
Because deliveries may be scheduled for almost any time of day, it’s difficult to start this business while working a full-time job.
A domain registration business doles out and manages internet domain names. Once they're registered with the official authorities, they'll have access to unregistered website names in the public domain. (This business is not the same as buying up potentially profitable domain names and then reselling them at a later date to the highest bidder.) Customers will pay a small fee to set up and keep their chosen name, while the registration maintains the name and handles any specific issues that may occur.
This business is good for someone who enjoys administrative duties as well dealing with customers. They should have a love for technology, and an inherent understanding of how websites are named and who is in the market for them.
Drone photography involves the taking of photos or videos by an autonomous UAV or one controlled by a person who manually operates it via remote control. Commercial drone photography plays a role across a wide range of industries including real estate, farming, films, advertising, and much more.
A drone photography business is a wonderful opportunity for anyone who wants to make good money by combining their love of photography or videography along with their passion for flying. There is a high technical barrier to the business, so it is critical that potential business owners are dedicated to achieving a high degree of technical fluency. A drone photography business usually requires a lot of traveling to clients, so you will need to be comfortable with possible overnight travel.
The elevator industry continues to boom across the country as most public and many small commercial buildings are installing them to better accommodate their customers. Once established, the chance to continually provide service and maintenance for the life of the building can help create a self-sustaining business. The successful owner of an elevator business will be eager to take on a project using engineering, electrical, and business skills.
The owner and operator of an elevator service business will have professional connections among the building trades, unions, city leaders, and state safety inspectional services. You will be highly motivated to continue to expand your area of influence while keeping all your current clients satisfied with your services.
Why we like this business:
As the owner of an elevator installation and repair business, you will work with builders and owners of other businesses that need new elevators or maintenance on existing ones. It is important that elevators meet all safety standards, as any mistakes can put riders at serious risk of injury. Therefore, your job as a business owner will be to make sure that the elevators function smoothly and safely, keeping everyone safe from harm. The bigger the building in which you install an elevator, the bigger your payout will be when the job is done.
Projects for energy consulting companies on a smaller scale include conducting an energy audit of a single-family home. Larger commercial projects include making recommendations for large data centers that use massive amounts of electricity, government organizations with many public buildings, and major national companies with multiple locations.
Energy consulting companies provide energy audit reports to their clients that make specific recommendations for energy conservation and improved efficiency. They also provide information to clients about possible tax incentives for investing in alternative energy systems. Some companies in this sector sell, install, and maintain equipment such as solar panels, wind farms, geothermal systems, and bioenergy projects.
Why we like this business:
Energy consulting businesses are great because they work to make others more conscious of how much energy they use and how they can reduce it in the future. By doing so, energy consultants help reduce the amount of energy and fossil fuels that we take from the earth. Those working in this industry will be able to exercise flexibility, either practicing in the corporate realm or on smaller private buildings, or both. Starting your own energy consulting business is a great way to earn money by making the world a better place.
An energy consulting business is a great business for individuals who are environmentally conscious and wish to make an active contribution towards fighting global warming. This is a rewarding business opportunity on many levels for yourself, your clients,and the betterment of the world.
Etiquette training gives lessons to people of all ages on the proper way to conduct oneself in a variety of settings, especially in the professional world. Etiquette can cover how to act in both international and domestic settings, from a formal dinner in Japan to a debutante ball in Georgia. As globalization becomes more common, these types of lessons can be invaluable for many companies and professionals. Etiquette trainers may give online lessons or in-person lessons, depending of their budget and location. The instructions may be anything from cell phone etiquette for teenagers to the best way to send a thank you letter after a job interview.
This business is good for someone who understands how and why we use formal behavior to signify the meaning of certain events. An instructor can be successful though even if they only specify in one event, such as teaching Americans how to eat continental style. To really exceed and expand the business, entrepreneurs should have a background and interest in their chosen field to give the best possible advice and instruction to their students.
Event planners help their clients organize and orchestrate events of all types and sizes. Everything from weddings and social gatherings to an industry-specific, professional soiree, an event planner’s job is to make sure everything runs smoothly, ensuring that any problems will be handled appropriately.
Those with an eye for detail, applied creativity, and the ability to easily converse with the general public, will find a great match in event planning. You must also have patience, humility, and the ability to help materialize the customer’s vision for their event.
Expert witnesses are frequently consulted and called on to testify during trials. Expert witness businesses help connect litigators who need expert witnesses with qualified professionals. According to IBISWorld, the expert witness consulting services industry has an annual revenue of $130 million.
Anyone who enjoys connecting with people and is detail-oriented may be well-suited for running an expert witness service business. Most of the work involves interacting with litigators and expert witnesses, so it’s helpful to be a people person. Because both litigators and expert witnesses can be very precise at times, it’s also good to be detail oriented.
A film production company creates, produces and markets long- or short-form film or video content. As the owner of a film or video production company, you’ll create, produce, market and find distribution for digital or analog film or video content. This might take the form of movies, television programming, documentaries, industrial films, commercials or other related work.
You should be a creative storyteller and technologically adept in film or digital production. Your expertise might come from film school, employment in the film industry or a background in creating film content. Even a five-minute demo film counts if it’s a good portfolio piece.You must also have a strong knack for business, since a large percent of your time is likely to be involved in raising funds from investors and seeking partnerships for the production or distribution of your work.
Why we like this business:
This business is a great opportunity to not only make a substantial wage, but to also share your creative identity with mass audiences. Film production is an industry that allows creatives to engage the entertainment sector in a way that is dependant on their personal visions, content, and ideas. Whatever your motivation to create, the world of film production is permeable and is ready to receive any creative with passion, drive, and skill.
A financial consulting firm helps individuals and small businesses manage and grow their wealth. You are more likely to service individuals than large corporations, but your small business should be prepared to do both. Clients will look to you for detailed financial information, informed financial forecasting, and ways to invest to achieve their short-term and long-term goals.
This business is best for someone who understands finance inside and out. Prior experience working as a consultant for another firm is ideal, but any experience in investment and wealth management is helpful. A formal education in subjects such as finance can give you a solid knowledge base to work from, and certifications in particular kinds of financial advising will help you further your skills.
A financial advising business helps people set financial goals and plan out a course of action to realize it. Financial planners who work for the business help clients by analyzing budgets, investments, insurance, and other financial products. They make plans for clients and serve a vital role in today’s world, since they have advanced knowledge of both basic and complex financial concepts. They can also teach their clients how to make their own financial plans and act as a coach or guide.
Some clients may not be comfortable investing their money at all or may not be ready to. Others may need help reigning in spending, or they may be so focused on saving money that they’re living an unhappy life and are coming to you for advice on what to do. Understanding the psychology of different types of people and how each of your clients relates to money will enable you to gain their trust and best serve their long-term financial interests.
A first aid training center offers instruction and certification in first aid and related skills. This includes AED (Automated External Defibrillator), first aid, blood-borne pathogens, CPR (including pediatric), and instructor training.
Whether in the classroom, at the grocery store, or on a job site, there’s always the potential that someone could need immediate, life saving medical assistance. Many SCA victims require defibrillation within 4 minutes of an attack, yet it takes emergency medical personnel 8-12 minutes to arrive after an emergency call is placed. Your assistance in training individuals and workplace teams will, undoubtedly, save someone’s life.
If you have an entrepreneurial spirit and thrive on helping others, owning a first aid training school is a profitable and rewarding career. Those who enjoy working with and around others, as well as communicating to an audience, are ideal for this career.
Why we like this business:
Starting a first aid training business is great if you want to give people the knowledge they need to save a person’s life or increase their chances of survival in an emergency situation. Your clients will range anywhere from individuals taking first aid classes on their own accord to corporations who would like to make sure that all of their employees are certified to perform first aid. This means you will be able to share your life saving knowledge with many individuals.
Freelance writers generate written content about a variety of topics for readers of websites, newspapers, journals, magazines, books, and other publications.
This business is right for an individual who has an affinity for the written word and language in general. If you are a voracious reader, enjoy expressing yourself, and have a way with words, you should give consideration to working as a freelance writer. This line of work is also ideal for those who enjoy autonomy. The typical freelance writer does not have to deal with an overbearing boss. However, freelance writers must meet tight deadlines, satisfy clients' nuanced demands, and create captivating content.
Why we like this business:
Like much freelance work, freelance writing is a great business for those who are looking to monetize a skill while maintaining a flexible and self-determined schedule. By marketing your abilities as a writer, you can effectively access a source of income determined by the time you are willing to commit to your projects. Additionally, starting out as a freelance writer is a relatively stress-free venture as there are multiple online services that can act as facilitators between your clients and yourself.
Many people dream of seeing a book with their name on the cover, but not everyone has the ability to write one themselves. Ghostwriters are hired to write works for those who either cannot or do not want to write their own works. Ghostwriters deal with a range of clients from celebrities to everyday people who need their stories to be told.
Successful ghostwriters must like to work in the background and have no interest in gaining popularity through writing. They need to be adaptable and flexible, both in their writing style and their work schedule. At the same time, ghostwriters require the self-discipline to remain on task and see a project through by delivering exactly what they promise.
Why we like this business:
Ghostwriting is a great business venture due to its offering writers a reliable income as the majority of individuals seeking ghostwriting services are those with above average financial resources. With each job, you will have the option to negotiate compensation for your work as ghostwriters can bill clients hourly, or by the length/size of the proposal. While often a full-time job, ghostwriting can provide prospective authors a reliable income while working on personal projects.
Owners of grant writing businesses are adept at finding foundations, government entities and other funding sources and applying for funding on behalf of their non-profit clients. You will, in short, serve as a matchmaker, putting together funding sources and needs. You’ll continually seek grant opportunities and write succinctly, persuasively and in an organized manner in filling out requests for proposals (RFP) to win funding.
Your talents will involve business writing and a clear understanding of the non-profit and funding worlds. In your writing, you must be able to take direction well because each RFP to which you respond requires clear and direct answers and attention to such details as word or page counts, writing style and, on occasion, even font and type size regulations.
It also helps if you currently volunteer, or have done so in the past, with non-profit organizations, or can network comfortably within that environment.
Graphic design professionals create or maintain a visual look that might be carried out in signage, letterheads, ads, sales collateral material, website and digital content and virtually all other internal and external communications. This can involve logo design, fonts and typography, color and imagery selection and layout. The owner of a graphic design studio might work alone or have one or more employees to generate new business, work on existing projects and support the enterprise.
Ownership of a graphic design studio is ideal for artistically minded people who are adept at managing the aesthetics of the way their business and organizational clients address their various markets, communicating creative ideas and executing design decisions independently or through employees or vendors.
You should be able to work alone and in a collaborative environment as you grow or work alongside clients. And you must feel confident in both worlds—business and creative expression—because your work will span both.
A home inspector performs a thorough inspection of both the interior and exterior of homes and provides clients with detailed written reports of their findings as well as recommendations for any necessary repairs. Many times the inspector will suggest that the individual hire an expert to get a more qualified opinion if there are tell-tale signs of damage.
This business is ideal for those who want to increase home safety by educating homebuyers about any potential dangers or future expenses.
Home security companies install and maintain security systems. Some companies charge an hourly rate only, while others charge hourly and flat-fees based on whether they have to travel to the customer’s location. Most security companies hire a team of electricians to perform installations. Owners are either electricians themselves or have a deep understanding of the trade.
This business is ideal for people who want to work flexible hours but can also work odd hours. You must have a special interest in home and personal security, understand how various security systems can be defeated, and how to install systems so that they resist detection by criminals. This business can only be run by those with high ethical standards, as strict licensing is required, and for the obvious fact that the security business exposes a home or business’s vulnerabilities.
The real estate market is very competitive. Homeowners who want to sell their property for the highest price need to present it in the best possible way to potential buyers. That is where a home staging business can help. A home staging business helps homes appeal to ideal buyers by creating interior design which highlights the home's strengths and minimizes its flaws.
Owning a home staging business is an ideal full or part-time business for creative people looking for a business they can run from home or a small office. Due to the nature of the industry, owners of a home staging business need to have a flexible schedule. Late nights and working during the weekends is typical. Some of the work may involve moving heavy furniture and other physical activities.
An import and export business matches domestic and foreign buyers and sellers, ensuring all local regulatory requirements are abided by. Dating back to the biblical ages, this trade ensures that products are distributed from countries that have a rich supply of a commodity that other countries lack. Imported/exported goods include anything from beverages and household goods, to everything in between.
The individual who is seeking a unique opportunity that requires very little start-up capital, low overhead costs, and has significant room for expansion should consider this business endeavor. The entrepreneur who feels passionately about a particular product that is currently not being imported/exported, or is just now getting recognized, will be that much more likely to succeed.
As the owner of an insurance agency, your job is to guide customers through the buying process and assist them in determining what policy most closely fits their needs. In addition to the initial sale of an insurance policy, brokers regularly meet with clients to ensure the policy is still the best fit. Many agents also act as the first point of contact should a claim arise. Due to the nature of the business, many insurance agents are their clients’ most trusted advisors.
When considering opening an insurance brokerage, you’ll have two options: independent or captive. Both options can be very profitable and each comes with their own set of pros and cons. Regardless of which path you decide to take, you should have several years of insurance experience under your belt. You must possess a firm understanding of the intricacies of this ever-changing profession and enjoy passing your knowledge on to your customers. Your days will often be long, but meaningful.
An internet security business develops software programming solutions that preserve the security and integrity of data, preventing internet trolls from introducing viruses into systems remotely or stealing critical data that can be used for criminal purposes.
Your business will sell internet security solutions to individuals, small businesses and corporations while constantly developing new methods to block the ever changing viruses, malware and invasive programs that can destroy a digital system in minutes. You will need experts in software and hardware development along with an active marketing team ready to fight for your share of this rapidly growing market.
The best qualified individual to establish a new cyber security company will be highly motivated with an in depth and up to date understanding of the architecture, administration, and management of operating systems, along with multiple certifications in a variety of programming languages. While the owner of this business may not actually write the software, they need to completely understand how their product functions in a real world situation.
A landscape supply business offers landscaping materials, tools, and plants for commercial and residential applications.
Individuals with experience in residential or commercial landscaping may find this a logical career move. Backgrounds in horticulture or business management will also prove beneficial. This type of business requires you to also be able to work physical labor, sometimes in less than favorable outside conditions.
A law firm represents members of the community including organizations, government agencies, corporations, and others in a court of law. This business is centered on analyzing legal challenges and providing sound advice in the quest for justice and fairness.
This business is ideal for an individual with a strong sense of justice. If you are looking for a way to serve your community and help people/organizations obtain fair results, you should consider starting a law firm. However, you will need a law degree or a considerable amount of money to fund the launch of a law firm headed by those who have obtained law degrees.
The inherent complexity of business contracts, consumer protection laws, and regulations in many (if not all) industries means that lawsuits are a natural part of doing business. The risk of those lawsuits necessitates council and advisory firms to help contain costs and defend companies against claims. This is what a legal consulting firm can help with. By acting as a consultant, rather than a traditional legal firm, your company would be able to advise companies’ legal departments and draw up compliance plans that meet local, state, and federal regulatory guidelines. You can also advise companies with no legal department, lowering their legal costs.
This business is ideal for lawyers who want to leave their law firm or break out of the traditional or conventional role of a law firm.
A life insurance brokerage meets with current and prospective clients to determine their life insurance demands. They then work with various insurance companies to identify the policy type that best meets the customer’s coverage and financial needs.
While owning a life insurance agency can prove to be quite profitable, those realizing the greatest success enter this field because they truly enjoy helping others. Industry leaders believe in the products they “sell” and are passionate about educating others on the subject.
A limousine rental business is a very versatile business. Between corporate events, high school dances, and cultural black tie affairs, the need for such a business extends year-round.
This business is good for a “people person,” for it involves dealing with a wide variety of clients and a wide variety of drivers for the limousines themselves. Those who already have skills and experience with repairing automobiles will also be able to save a lot of money over time when it comes to limousine upkeep and repair.
Why we like this business:
Limo businesses can be extremely profitable. Whether your limo is being rented by a very wealthy client, a new bride and groom, or a group of students going to a high school prom, rental rates for limos are relatively high. Once your limo is paid off, nearly all you make from rentals will be able to go into your pockets.
Local business consulting firms offer the guidance, planning, tools, and solutions local small businesses need. By focusing on growth and scale simultaneously, a local business consultant helps decision makers create ongoing solutions while being able to support themselves.
Business consulting is great for any professional-minded individual who wants to find their professional niche, become familiar with the local business scene, discover industry limitations, and garner the expertise needed to help others achieve success. Business consulting is similarly a good idea for those who are experienced with taxes, accounting, management, legal areas, and insurance.
Market research firms offer specialized marketing services to their clients. They collect and analyze data to determine how well their clients are connecting with their target audience. Additionally, these firms identify industry trends and advise clients regarding what tactics they should continue and what new strategies should be implemented.
Individuals who enjoy understanding people on a deeper level make the best market researchers. They consistently seek new ways to grow and learn and are passionate about passing this knowledge on to others.
Billing a patient for medical services can be complicated. Plus, not all patients can afford to pay the entire bill in full. And then there's the paperwork. With laws like the Health Insurance Portability and Accountability Act of 1996 (HIPAA), it can be confusing and difficult to know which documents need to go where. If a hospital or doctor messes things up, it's a huge legal liability.
This is where a medical billing businesses can help. They take care of billing clients on behalf of doctors, hospitals, and other healthcare providers. Medical billing companies try to simplify the process by coordinating multiple providers and billing systems, while incorporating processes to adhere to changing regulations, so healthcare providers stay compliant and can get paid for their services.
This business is perfect for individuals who are passionate about running a business in the healthcare industry and want to help both patients and providers make the billing process easier and more streamlined. Business owners should be naturally detail-oriented and task-focused thinkers. Medical billing is all about systems, processes, and completing tasks in a specific order to comply with federal regulation as well as internal healthcare provider policies.
As a small metal recycler you may be collecting metals from construction sites, demolition companies, homeowners and small businesses before you sort and sell them to a local scrap yard. A full-service metal recycler accepts large quantities of scrap from the small scrap yards, junk yards, and municipal collection points and breaks down each item into separate materials and prepare them for shipment to a manufacturer. This business requires extensive acreage, machinery, and hardworking employees.
On a small scale, metal recycling is perfect for the individual who loves to collect cast off materials, enjoys getting their hands dirty, and loves to negotiate with scrap yards for the best price. On a large scale, a person with a passion for making use of every piece of material along with keen business acumen will be able to create a large business with a network of contacts looking to buy and sell quantities of valuable scrap.
Micro-lending is the practice of lending smaller sums of money, typically to those who are unable to obtain funding through an established federal institution. Micro-lenders typically don’t request any type of collateral before loaning out the money. For-profit institutions may charge a high rate of interest to mitigate financial risks should the borrower default on their loans.
Micro-lending has had a lot of traction overseas in developing nations, and most are non-profit ventures. Money is lent to people who need it to start a small business in their area. Would-be entrepreneurs can get the cash they need to fill a vital need in the community, and lenders can contribute in their own way to helping individuals find their niche and lead more productive lives.
This business is excellent for those who understand the power of responsible lending. This isn't charity, but it is giving someone else a helping hand when they need it the most. The successful micro-lender will need an excellent balance between helping others and remaining financially solvent.
Buying a home or owning a business is a dream many people have. But, getting a loan to buy that home, a piece of land, or an office building can be difficult. Lenders don't always want to talk to a small business owner or even a renter looking for a home. A mortgage brokerage business acts as a middleman between the borrower and the lender and can often negotiate deals with lenders that the borrower couldn't do on his or her own.
Owning a mortgage brokerage business is not for everyone. You need to have a special affinity for numbers and finance. It also helps to have at least a basic understanding of the banking industry, and specifically the mortgage industry. You should be detail oriented and good with numbers. You also should have a passion for helping people. The mortgage business is highly commoditized. The most successful brokerages are those that build relationships with their clientele.
Museum consulting is the business of assisting museums in attracting customers and developing captivating spaces and exhibitions. Museum consulting businesses offer their clients consulting services that are relevant to the museum. The scope of museum consulting can range from museum planning, exhibition development, and interior design to marketing support, project management, and a litany of other tasks.
This profession is recommended for those with an understanding of the art and design world. If you possess this knowledge, as well as a keen eye for style and forward-thinking trends, museum consulting might be your niche.
A notary public acts as a certified and legal witness, providing their signature in exchange for proof of identification. Standard notarized legal documents include contracts, mortgages, and property deeds. Notary public businesses serve customers either from a home office, brick-and-mortar establishment, mobile, or online.
The individual who has the drive and ambition to work hard at building a reputable and profitable career as their own boss.
An office supply store helps neighborhood businesses thrive by setting them up for success. They do so by providing them with the writing utensils, stationery, and technology they need to perform their business duties. Without the right tools at their fingertips, office workers will have a difficult time getting their jobs done. Owners can even help revitalize their local economy community by providing a trusted source of supplies for the businesses in the area.
This business is good for someone who can get in the head of a busy entrepreneur. Start-up companies and established conglomerates alike need a store they can rely on, whether their needs are large or small. Owners should also be organized, and have some experience with how most offices function.
The search for a job has moved to the internet. A Pew Research Center poll from 2015 found that 79 percent of job seekers had searched online, and that percent has likely only increased since then. When people search for jobs online, they frequently look on job boards.
Online job boards list open positions that employers have. Unlike job search engines, job boards don’t usually compile listings by searching other websites. Instead, listings are entered directly by a manager or employer. This helps ensure that listings are accurate, relevant, and concise (i.e. no duplicates).
According to IBISWorld, the online recruitment sites in the United States bring in $4 billion annually and are growing at an average rate of 14.6 percent. For online job boards that find successful niches, there is plenty of potential available.
Anyone who is interested in running a web-based business might like owning an online job board that’s related to a subject they’re interested in. Little technical knowledge is required, but it helps to be interested in a board’s field because part of the work involves building a community around the industry (see How to Keep Customers Coming Back).
Despite the digital revolution brought about by computers, people continue to use enormous amounts of paper. Up to 40 percent of municipal solid waste is paper, which creates a huge need for paper recycling. Recycling, after all, is the most environmentally responsible way to dispose of old paper.
Paper recycling businesses play a critical role in the recycling process. They collect unwanted paper from individuals and businesses, and then deliver it to paper recycling facilities. In turn, recycling facilities pay for the paper they’re brought.
Anyone who doesn’t mind a little manual labor and working alone at times may enjoy running a paper recycling business. Moving and sorting paper involves light-to-moderate physical work, and business owners spend a lot of time doing this by themselves.
Many people who start this type of business do so as a part-time venture (at least at first). Pickup, sorting, and drop-off times can easily be scheduled around a full-time job, family responsibilities, or other obligations
Why we like this business:
Just like an energy consulting business, a paper recycling business is a great one to start if you are passionate about being environmentally friendly. As the owner of a paper recycling business, you will take initiate in making sure that businesses in your area make the most of their recyclable paper. By doing so you will reduce greatly reduce the local waste in your community.
Parking lots are located in places where street parking is limited and there is plenty of automobile traffic. Parking may be offered in exterior open lots or in interior secured garages.
Parking lots are found in commercial areas, next to airports, near hospitals, adjacent to schools, and near event spaces that attract a large crowd.
There are two facets in the parking lot business. One is the owning and operating the parking lots and the other opportunity is managing the parking lots on behalf of other owners.
This business is an attractive investment opportunity for those investors with capital to invest in the leasing and/or acquisition of parking lots, who are looking for a long-term, fairly stable rate of return on the investment. The alternative is setting up a service company to manage the operation of the parking lot/services for other owners.
Just about every building has bugs or rodents of some sort. Pest control businesses eliminate or significantly reduce the presence of these pests with chemicals and other treatments. Pest control businesses treat homes, businesses, schools, government buildings and structures of other varieties.
This business is ideal for those who are comfortable working in the vicinity of a considerable number of insects, rodents and other animals. It is also ideal for those who are comfortable using potentially harmful chemical treatments to eliminate pests. If you have a passion for cleanliness and pest removal, launching a pest control business is worth your consideration.
A photo editing business specializes in editing or retouching existing photos for clients. These services may range from simply cleaning up blemishes or lighting issues all the way to complex Photoshop work. Such a business is a major part of any community because of the constant need to have good-looking photos for publications, seasonal cards, social media profiles, and more.
This business is good for photographers, as they will already know a lot about improving an image via specific editing. It can also be good for those with extensive skills in editing software such as Photoshop. Finally, it's good for those who use social media extensively, as such a person will be able to offer creative editing services to help customers build their online brand through unique visuals.
The plumbing business is a necessary business because consumers and businesses generally are incapable of maintaining their own plumbing systems. Plumbers ensure that potable and sewer water pipes are well-maintained and up to local building codes. Customers are usually living in residential properties. However, some plumbers obtain corporate or commercial contracts and work exclusively with businesses.
This business is ideal for individuals who enjoy working with their hands, aren’t afraid to get dirty, and have flexible work hours. Some plumbers are called into a job site on emergencies and must work late or even work on weekends. Plumbers, and a plumbing company, may also have to work on holidays.
Construction cleanup service providers clear a building’s construction area. These crews make sure an area is ready for the next stage of work, while also ensuring the area’s safety. Construction cleanup companies have several duties. They clean buildings between construction stages and prepare areas to become safe work environments. Construction cleanup crews can conduct final sanitization and cleanings, making sure a remodeling project is complete.
Anyone who’s proficient in maintenance, construction or handiwork can work in a construction cleanup service. If you want to own a construction cleanup service, you’ll need to have a background in management. While no formal education is needed, these skills should be secured through experience.
Pressure washing is more effective in removing dirt and grime than other methods of cleaning. This service is highly valued by customers who want to improve the appearance of the exterior of their home or building. Pressure washing helps extend the life of a building and its finishes.
Those who are comfortable using high-pressure washing equipment and enjoy helping their clients make things look sparkling clean and new are best suited to this type of business. Ideal owners are those who enjoy cleaning things for people and who have a nice personality that is friendly and attracts more clientele after a job is done well.
Printing shops offer a variety of print and copy services to the public. This includes online printing, direct mail, and business printing. Most printing stores offer additional services to the public, depending upon the specific needs within the community.
Industry leaders indicate that, due to the services offered, the individual with a background in printing is most suitable for this business venture. If you have the background, necessary capital, and are ready to work hard to insure a stable financial future for you and your family, now is the time to consider becoming your own boss.
Today's busy world means people are responsible for doing more than ever before. This multi-tasking environment requires a high-level of organization which few people have naturally. A professional organizing business helps clients develop these critical organizing skills through training and can jumpstart the process by providing a full range of organizing services.
Starting a professional organizing business is perfect for anyone who is good at creating systems to keep things organized. Successful owners of this type of business love to work directly with a variety of different types of people, and have the ability help others learn new skills. A professional organizing business offers flexible hours, but owners will need to be able to stick to project deadlines without any oversight.
A speech writer will write a script for a speaker to follow when they address a crowd. While most people think of politics when it comes to speech writing, there are plenty of other markets for this skill. Everyone from business executives to motivational professionals may need someone to help them create a speech that speaks to their audience.
This business is excellent for someone who loves inspiring people with words. It’s a niche form of writing that is far more dependent on choice of vocabulary and syntax than it is on technical writing skills (e.g., formal grammar, etc).
Managers who have to juggle complex business projects are under a lot of stress. This is why project management consultants are so valuable. They use their expertise within a specific field to help other businesses and firms to develop and manage a project. It reduces the stress managers experience and helps a business complete a project on schedule and within its budget.
Consultants typically assist upper level management in overseeing a project from its beginning to its completion, providing a "soup to nuts" service that's often very "hands on."
This business is perfect for seasoned business owners and advisors who have extensive experience in business management, project management, and who perform well under stress. Because many high level business projects are under strict deadlines, consultants must also be excellent at managing their time well.
A proofreader reviews the written word in its various forms for clients and corrects for spelling, punctuation, and typos. To start a proofreading business, you must have a strong command of language usage, spelling, and punctuation. Depending on your clientele, you might be reviewing and correcting the language used in books, magazine articles, web content, ads, packaging, student assignments, or virtually any other vehicle of written communication.
In addition to being a meticulous writer from a mechanical standpoint, you must be the kind of person who pays close attention to detail. Keep in mind, a proofreader is not the same as an editor. You’re not reviewing what your clients are trying to communicate, but rather how they write it in terms of spelling, punctuation, typographical errors, and word usage.
Property management is exciting because there is always something that needs to be done. Normal maintenance can be scheduled; however, pipes may break in the middle of the night and emergencies can come up frequently. A property owner (landlord) can act as a property manager, or he or she can hire a professional property management company to take on full or partial responsibility for the management of a property or properties. The goal of a property management company is to reduce risks and maximize income for the property owners.
Your company will be on-call 24/7 and you must enjoy dealing with all kinds of people. The best property management companies treat the properties as if they are the owners, which they also might be. They have full or partial responsibility for the building(s) that they manage and are good at screening tenants to find good ones, without discriminating. They are problem solvers and take appropriate and prompt legal action to evict destructive and/or non-paying tenants. You will have to stay calm and manage emergencies without getting overly stressed about the problems because there will be a constant stream of new problems to deal with.
Real estate brokers are good candidates for starting a property management company as either a division or a subsidiary because they already have many contacts with property owners, as well as relevant experience in the industry.
Why we like this business:
Though the property management industry can be stressful, the potential for expansion of businesses in this industry is substantial. Smart business owners who start with one or two properties have the potential to work their way up to owning many expensive properties. Business owners can keep their business small or grow it quite large, depending on their own wants, making this business suitable for owners with a variety of goals.
According to Forbes Magazine, "PR is the Persuasion Business. You are trying to convince an audience, inside your building or town, and outside your usual sphere of influence, to promote your idea, purchase your product, support your position, or recognize your accomplishments."
Public relations professionals are responsible for enhancing the image and promoting the viewpoint of their clients. They do this through what is called "earned media." Unlike paid advertisements, this type of media, such as news or journal articles, carry much more weight among consumers. As a public relations professional it’s your job to interest the media in subscribing to your clients’ viewpoint, interviewing them and writing stories that will positively impact your client organizations or individuals in the eyes of their target audiences.
Public relations professionals are typically adept at communicating verbally and through various media. You should be a good writer and have a background in journalism or business. An instinct for sales is also important since you’ll need that tool to establish client relationships, bring your message to the attention of the media and create messaging that advances the viewpoint of your clients. Related to your sales skills, you should have a thorough understanding of how company practices, policies and culture impact customer relationships and be able to help your clients make positive change in this area.
Publishing companies have historically focused on physically printing books, but now, that is shifting more toward digital publishing. This works for both the consumer and the publisher because the consumer's desire to read text via digital devices dovetails nicely with the publisher's desire to keep costs down.
First and foremost, this is a business for those who love books. In addition to working in a field you'll love, the fact that certain books are hits and other books flop means you will need a keen eye when deciding to publish what may become the next big thing. The job is also good for a multi-tasker because, especially when first starting out, you will be doing many things besides “only” publishing books. This includes setting up book tours, book-related events, and handling most of the marketing of the text. Finally, this job is good for a “people person,” as you will be dealing with a wide variety of authors, bookstore managers, and advertisers.
A real estate appraisal company's specialty is appraising land and buildings. Real estate appraisals are used when people buy a home or business, apply for a new mortgage or to refinance an existing one, need information for insurance reasons, and settle estates after divorce or death.
Appraisers prepare a written description of the property, draw up diagrams, and then estimate the value. They also verify legal descriptions of property with city or county records. Fair value is determined by property condition, values of homes in close proximity to the home being valued (called a "comp"), building replacement costs, and valuations based on professional valuation manuals and cost estimators.
This business is ideal for individuals who are detail-oriented, good with numbers, like having a flexible work schedule and are highly motivated.
This business consists of an individual, or a team, who are hired to take quality pictures of properties for sale. The purpose is to attract potential buyers who view the property online. Due to the competitive nature of the real estate industry, the demand for quality property photos is elevated and perpetual. Proper lighting and point of view helps a property stand out above the competition, driving potential buyers to view the property.
Ideally, individuals with photography experience and an eye for architectural detail will be the best fits. Contacts in the real estate industry are an added bonus. It is also beneficial for the person to enjoy working outside or away from an office setting. Being in the field requires reliable transportation and an ability to transport gear, sometimes on foot for extended amounts of time, as well.
This type of business requires the recruiting agency to establish positive relationships with its clients, by matching businesses with professional, well-qualified candidates.
Recruiting agencies do best when they establish positive relationships with candidates, by providing them with significant interviews with suitable companies.
As distinguished from temporary work agencies, recruiting agencies typically focus on sourcing skilled professional individuals for full-time, long-term positions.
This business is good for people who like to reach out to others, enjoy talking on the phone with them, and want to support the development of those with professional careers by placing them with organizations looking for top talent.
As time becomes more and more of a commodity, the general public looks for new ways to streamline daily activities. Food delivery services are, therefore, great opportunities for entrepreneurs and consumers. Approximately 60% of each dollar spent on food consumption will go to businesses outside the household. With a restaurant delivery business, you will be able to fill a need for numerous consumers, offering fresh and unique food options and allowing for gourmet dining, without leaving the house.
Entrepreneurs who wish to position themselves in the food and beverage industry, without all the overhead and grueling hours, will discover fulfillment in this business venture. While this endeavor offers flexibility, it also requires a great deal of dedication and organization.
From small, local restaurants to five-star establishments, restaurants are in constant need of supplies. Restaurant supply stores cater to the needs of restaurant owners, offering affordable options for food, drinks, and equipment.
Are you passionate and knowledgeable about the food industry, but lack the desire to own your own restaurant? Do you get enjoyment from trying out the latest kitchen “gadget,” often feeling inspired to pass that enthusiasm on to others within the industry? If so, opening a restaurant supply store could be the change you have been seeking in your life.
A resume writing service will assist job seekers by creating a resume that clearly communicates a candidate’s skills. Those who perform this service will have to interview candidates, and construct resumes that positively catch the attention of those reviewing the candidate’s resume. This service can include cover letters or thank-you letters to potential employers.
People with English or journalism degrees will be attracted to the writing aspect of this business, but there's more to it than that. A resume is like a sales letter, and it needs to be easy to read. When most hiring managers spend only a few seconds on each one, the format and word choices have to count.
Those who have experience in HR and a thorough understanding of Applicant Tracking Systems (ATS) will do well. You will need a certain amount of people skills to attract clients, but the results will matter far more than how friendly and personable you are. If 90% of your clients find a job in their field after paying you a visit, these numbers will speak for themselves.
A reviews website provides a platform where various users can offer their thoughts and reviews on specific products and services. This provides a helpful service to your local community in helping residents determine where to spend their hard-earned money.
This business is good for those who are web-savvy, as creating an attractive and usable interface is a large part of the learning curve. It is also good for avid consumers, particularly of any kind of niche market that the product caters to. Finally, it's good for those who have used similar services (such as Yelp) extensively, as this lets you determine how you will both structure and differentiate your own site.
The age of robotics is upon us. Robotics businesses have a seemingly endless number of customers, from consumers to products manufacturers and private businesses across a wide array of industries. There is a strong push for the automation of labor, product manufacturing, construction, and beyond. Robotics businesses stand to benefit quite handsomely from this society-wide shift toward automation.
An individual who has a background in electrical engineering, product development, electronics, physics, and/or general engineering will stand a good chance of launching a successful robotics business.
Why we like this business:
Because everyone is looking to get business done more quickly and with more precision, automation is becoming standard across many industries. The demand for robotics that can perform many different tasks makes a robotics business extremely profitable. Many wealthy business are willing to spend top dollar on a bot that will lower their need for manpower. As a robotics business owner you will have the choice on which type of robot your business produces, whether they are bots that put together automobiles or bots that perform surgery, the possibilities are almost endless.
Many roof cleaning businesses serve a variety of clients. Serving large companies, small communities and individual homes, roof cleaning businesses conduct in-depth roof cleans to remove dirt, impurities, leaves, branches, stains and other materials. Roof cleaning businesses also clean drains, exterior walls and chimney exteriors. In some cases, a roof cleaning business may inform the building’s owner of damages, shingle weaknesses and weakened exteriors.
The roof cleaning business is great for any previous roofing contractor, cleaner or household maintenance worker. It has a high profit potential, and it’s great for eco-lovers, explorative types, and hard workers alike. Workers can be their own boss, control their own schedule, eliminate costly trial-and-error methods, and experience a rapid startup.
A screen printing business specializes in printing images on t-shirts or other items of clothing. There is flexibility to operate such a business completely online or via a traditional store. The store may also offer pre-set options for images and phrases as well as allowing customers to submit their own designs. The ability of such a store to create t-shirts for schools and businesses also provides a great way to build community spirit.
This business is great for artists, giving them a venue to create their own designs and sell them via t-shirts. It is also great for those with strong community ties, as it lets them build long-lasting relationships providing t-shirts for various high school clubs, small businesses, local churches, and other organizations. Finally, it's a good business for savvy social media users as they can leverage these skills to reach diverse audiences of customers online.
This is a needed business because companies and individuals often don’t have the resources to perform their own security detail. Security guard services usually charge hourly fees for the services being provided. The prices charged will increase based on the number of security guards provided for the clients.
This business is suitable for individuals who are passionate about personal security and want to help others feel more secure in their homes and businesses. It may require working long hours or unusual schedules, like nights and weekends. Because of this, the business may not be suitable for individuals with family commitments or other obligations that fall outside of traditional 9-5 work days.
From business street signs to vinyl prints for local events, sign businesses manufacture and sell custom-made signs to the public. Some customers provide their own creative design. Others come with a vision, relying on the manufacturer’s artistic background and knowledge regarding images, placement, and size. Since signs can be manufactured a number of ways, most sign businesses specialize in a couple different methods, outsourcing the rest to trade-only suppliers.
Individuals who are talented creatively and enjoy regular interaction and collaboration with the public are best suited for the sign sales and manufacturing industry. Like most business ventures, success requires hard work and dedication, but is very rewarding. Industry leaders indicate they’ve had the unique opportunity of watching long-time customers grow their businesses from small start-ups to million dollar enterprises.
As traditional media declines and social media emerges, marketers are increasingly incorporating social media influencer marketing into their strategies. Ste Davies reports that this is both a smart and popular advertising strategy, with 94 percent of marketers saying it’s effective and an increasing number of companies planning on using it through 2020.
Marketers pay social media influencers because they’re the gateways to their followers. When stars on Facebook, Instagram and other platforms post about a company’s service or product, followers see and engage with whatever is being promoted.
Anyone who enjoys spending time on social media platforms and is passionate about a particular niche might enjoy being a social media influencer. Influencers must know and love their niche, for they talk about it constantly on the platforms they use. They also have to like social media itself, as they’ll be spending hours on it day after day.
A social media marketer provides ideas and content for their clients. Some owners may specialize in a particular type of platform (e.g., Facebook only), but most work with all platforms to create a cohesive strategy for a business. Owners may work with one particular type of business (e.g., social media for real estate only) or with a variety of businesses or causes.
People who love social media and marketing will thrive in this business. However, this love must extend beyond just checking Twitter and Facebook every 15 minutes. If you want to start your own social media marketing business, you should know how people interact with different platforms, where your target demographic is most likely to live, and what type of content will spark the most interest. You should also know how (and why) different platforms evolve over time.
Software is ubiquitous in today’s world, and many people and organizations can no longer function without the programs they rely on. These programs, of course, must be created, distributed and maintained. That’s the work of software development companies.
The software development industry is both big and strong. According to IBISWorld, the software publishing industry has an annual revenue of $238 billion and a growth rate of 3.9 percent per year. In total, the industry employs more than a half-million people.
While many different types of people work within the software development industry, business founders tend to be people who bridge the gap between logic and creativity. Writing programs, of course, requires a strong command of logic. Having the vision for a software program that’ll be useful, however, requires creativity.
A solar panel business will conduct on-site surveys of potential installations, create a solar plan for the location, work with the owner on financing and install the units. Maintenance positions within the company provide support for the new owners repairing and maintaining panels to ensure greatest productivity and return on the investment. This business requires a structured staff with skills in construction, electrical, and basic understanding of science and solar energy.
A motivated individual with excellent business skills, knowledge of electrical contract work, a background in construction, and an eager marketing plan can make a success out of this rapidly expanding industry.
Why we like this business:
Solar panels allow people to power their homes by harnessing energy from the sun rather than other power plants that can create pollution. As a solar panel business owner, you will help your clients save money by installing solar panels at their homes or businesses.
Stock brokerage firms are a bridge between retail investors and public companies and allow smooth, fast trading of securities. They help create and maintain the secondary market and liquidity for investors and companies. Finally, they hold investments inside of retirement plans for individuals and companies.
This business is ideal for individuals who are good with math and finance, have a passion for helping others meet financial goals, and are good with money. This business may require long hours, especially in the early years of the business. And, while weekend and holidays are typically “non trading days,” many brokerage firm owners do work weekends completing paperwork or meeting with clients.
A survey company creates, distributes, and analyzes surveys for a variety of businesses or special interests. The purpose is to collect feedback before deciding to alter policies or processes to improve efficiency and overall satisfaction. Owners may either work on a per-case basis, or choose to specialize in a specific niche. For example, a survey company that only administers surveys to students about their professors.
People who love data will be an ideal match for creating a survey company. They should be interested in the core needs of people to better understand how to structure questions. Potential owners should also be proactive in terms of giving advice or ideas to clients based on the formal analysis.
As the owner of a talent agency, also known as a talent management firm, you’ll be responsible for helping to grow the careers of actors, musicians, athletes, artists, performers and entertainers of all sorts. You’ll book paying engagements and help them find training, attend auditions, create resumes and glossies, and otherwise gain recognition and success.
You must have a sense of loyalty, integrity and passion for the careers of your clients. You’ll use your sales skills to attract talent and to convince booking agents, directors, producers, club owners, casting directors or other hirers to schedule their appearances or give them roles.
As the owner of a tax preparation business, you’ll have the responsibility of cutting through the fog of federal, state, and local tax preparation, filing returns, and often earning tax rebates for individuals and, perhaps, small businesses.
If you are a well-organized, people-oriented person who’s taken professional courses to learn the tax preparation business and are at ease with automation and digital software, you could thrive at this largely seasonal business. You should be able to handle long and probably stressful hours in a contained season of intense activity from January through mid-April. After that, you’ll have plenty of time to recover!
Computers are a standard part of every household and are the primary tool used by a majority of today’s businesses. Most of us, however, have little to no knowledge when it comes to fixing these gadgets when an issue arises. Tech support companies provide support for consumers on an as-needed basis. Both small and large organizations hire tech support companies to provide ongoing maintenance as part of their preventative maintenance strategy, in addition to handling any current obstacles. Services include: installation and maintenance of equipment, software installation, system networking, system auditing, troubleshooting and repair, and training. With the right technical background and equipment, many issues can be solved remotely, eliminating travel time and reducing the overall time it takes to complete the repair.
Are you the person your friends and family call whenever they have a computer or software problem? Do you enjoy working with computers? Have you received any official training or considered obtaining certification? If you answered yes to any of these questions, this business venture could be the perfect fit for you.
A technical writer works with technical information to fulfill a number of company objectives. Their job may include writing manuals, official documentation, or how-to guides. They may work for technical companies and write for technical audiences, or they may work with everyday businesses and write for lay people.
Technical writers should be excited to explain complicated concepts to readers quickly without patronizing them. They should be able to boil down a lot of information into a helpful document that a reader will retain. Ideally, it’s for someone who has an interest in engineering or technology who craves flexibility beyond a standard 9 to 5 and a touch of creativity.
Temp agencies and staffing centers recruit work talent on behalf of their client employers. The terms “staffing services” and “staffing firm” are the most comprehensive ways of describing this business, since both of these include all three forms of possible worker recruitment: temporary employment (possibly just a single day); direct hire (the immediate placement of full-time help); and temp-to-full-time. This last area involves delivering workers on a temporary basis who might eventually be hired full-time by your client after a trial period. Some staffing firms provide only some of these services, but most offer all three.
You should understand the human resource side of the business, as you’ll be dealing with common HR issues, such as interviewing, hiring, firing, work disputes, and tax and other withholdings. You must also have the sales ability to attain clients, and a knack for managing and motivating your own employees, many of whom are likely to be on the sales side of the business.
A transcription business can serve a wide variety of clients. This is because transcripts are necessary in fields such as law, medicine, and business. The nature of the work means that it is manageable with limited time, as one can easily start doing it in their spare time or as a part-time job before undertaking it as a full-time endeavor.
This business is great for those who like to work at their own schedule and pace. While certain transcription services, such as court reporter, may require stricter scheduling requirements, most of the work involves transcribing audio or video that has been provided to you. As such, the job is also ideal for those who type fast and are comfortable using computers and other related software and technology.
A translation business provides translation services for a variety of different types of documents while maintaining the confidentiality of their clients. They ensure that the meaning and context of the material is not changed from the original document, and that spelling and grammar are correct.
This business is ideal for those who speak more than one language and have a desire to contribute to achieving greater understanding and cooperation between people of different cultures.
Trucking businesses operate in one of a few ways. The first type of trucking business hires a workforce of independent contractors to move goods for other companies. This cuts down on the startup costs of running the business. However, it also hurts the company’s ability to retain loyal truckers since they do not work for the trucking company.
Another way to structure this type of business is to hire the truckers directly. When employees are hired as privately-owned employees, each driver is an employee working directly for the trucking company. This model benefits the truckers because it gives them a steady source of pay and some level of certainty about their job. It also benefits the trucking company because it often results in higher profits, happier, and more loyal employees. However, it’s more costly for the trucking company to maintain in the beginning because it adds to the overhead.
This business is perfect for an entrepreneur who is knowledgeable about the shipping industry and enjoys working long hours.
Why we like this business:
Without the existence of the trucking industry, business as we know it would not be feasible. Almost all other industries require the help of the trucking industry to ship their materials near and far. This constant demand means that a trucking business has the potential to be very successful and profitable.
A vending machine business places vending machines in locations where people are likely to want the items these machines sell. According to IBISWorld, the vending machine industry is a $7 billion industry. It’s a large industry that’s not dominated by any one or two companies, which provides a great opportunity for new businesses.
Anyone who enjoys working on their own and is mechanically inclined may like running a vending machine business. Business owners are frequently by themselves when filling and servicing machines, so self-motivation is important. A mechanical inclination is helpful when machines need repairs.
A virtual assistant (VA) provides remote services to busy professionals who need someone to support their business, cause, or special event. The duties of a VA can include anything from answering emails to performing web development for a new website. VAs usually establish a specialty to help distinguish themselves in a somewhat flooded market.
People who are organized, attentive, and responsible will do well in this position. VAs need to do more than just take directions, they’ll also need to be proactive without stepping on their client’s toes.
A water refilling business produces safe, drinkable water for consumers. Normally, a water refilling business’s water is cheaper than retailed bottled water. Buyers can purchase pre-filled two-to-five-gallon water bottles or bring their own jugs.
Typically, a water refilling business has a refilling “station” which uses a kiosk to distribute water. Other water refilling businesses, meanwhile, provide water refilling stations for public spaces like museums, parks and schools. A water refilling business might promote the use of reusable water, as opposed to wasting resources. Similarly, they usually promote the use of reusable bottles, as opposed to disposable plastic bottles.
The water refilling business is great for environmentally-minded individuals. It’s also great for those who have worked in the wastewater industry, handling water to provide clean, drinkable resources.
A good water refilling business owner will be good at making business plans. Additionally, they will be effective at finding suppliers, balancing budgets, and finding cheap equipment. They must also know how to conduct an analysis of the water, in order to determine how sanitary the sourced water is.
As a web design business owner, your company’s primary responsibility is to ensure the client’s website is visually pleasing. Depending upon the customer’s needs, the designer will either use a site template or create the design and develop the site.
In our current business environment, websites are a major component to an enterprise’s success. As a web design business owner, it’s critical to possess determination, meticulousness, and creativity. If you’re a technological innovator, who’s ready to begin building towards success, web design is a tremendous industry.
Why we like this business:
This business is a great opportunity for individuals with a creative eye and a penchant for digital work. Digital branding is a rapidly growing and crucial resource for many high-profile businesses and clients as their success continues to be aided (if not determined) by their digital presence. Not only that, but the web design model allows you to start your company with as few resources as a wifi connection, laptop, and personal desire to create.
Web development companies differ significantly from web design businesses, in that a web design company creates layouts and visuals for a website owner. The web designer is more concerned with user interface and design, while a web developer creates software and applications that power the website using basic and advanced coding.
This business is ideal for people who love problem-solving. Because the work entails a fair amount of computer screen time, business owners need to be comfortable with using computers, typing, and manipulating computer code.
Why we like this business:
Web development is a great business opportunity because of its flexibility and inherent relationship between success and your effort. While this business is demanding, developers are crucial agents in a rapidly developing tech-centric marketplace that offer significant potential for growth and earning. Additionally, your work-life balance can be determined entirely by your needs and your desired working environment, be that at home, in an office, or at a local coffee shop.
A window washing business cleans residential, commercial, and institutional windows on a retained or per-assignment basis. As the owner of a window washing business, you’ll be responsible for recruiting clients and washing the windows—on a one-time or regularly contracted basis—of residences, apartment complexes, storefronts, colleges and universities, funeral homes, car dealerships, and other properties—potentially just about any structure that contains windows. You can start your business alone or buy into a franchise operation for its experience and support. Some window washing businesses specialize in high rise window cleaning, but this involves a much larger capital outlay for equipment, training, marketing, and insurance.
This is a service business, so you should have an instinct for salesmanship and a commitment to superior customer service. You should also be good at managing people, since you might have at least a few employees.
Looking for a flexible work environment? Want to be your own boss? Starting a home-based business can be a great way to launch your new company.
An online business is one that is primarily web-based. This type of business is a great option for someone looking for a business idea that will be easy and fast to setup and have low startup costs.
Do you always need to "spend money to make money," as the saying goes? We don't think so. Often a good idea and hard work can get your business up and running with little to no startup costs.
Starting a side business while working a full-time job can be a great way to test out a new business idea and gain invaluable experience as an entrepreneur.
One of the best parts of being an entrepreneur is the sense of adventure in taking a risk for the sake of a great idea. But don't think you'll make it big without working hard to achieve your goals.
If you have an entrepreneurial spirit, starting your own business can be fun, profitable, and a great learning experience. Being your own boss sure beats working at the local community pool or fast-food joint.
Being an entrepreneur can be an incredibly valuable experience, in more ways then one. For teens who have an inclination for it, starting a business might be a great way to spend their time.