9 Business Ideas Aspiring Entrepreneurs Must Consider in 2018

Whether you’re planning to supplement your income with a side-business or want to quit your 9-to-5 job altogether, it certainly is thrilling to consider having your own business!That being said, with so many business ideas whirling around in your head, making the decision to move forward can be difficult. After all, you can’t start a business on a whim; you need to zero in on a business idea that will stay profitable in the long-term, do well in an uncertain economy, and not require large startup capital or years of experience.If you’re unsure of what business idea to build upon, here are 9 options aspiring entrepreneurs can consider. Go right ahead and take your pick!

For the Tech Savvy

• With the increasing number of people owning smartphones today, it’s plain how profitable it can be to start a smartphone repair business. If you don’t require training, you’ll only have to invest in repairing tools and mobile parts to get started. You don’t even need to set up a shop; you can run this business from home! Note that you’ll face stiff competition from other such service providers and manufacturers’ services.
• If you are a qualified IT professional, you can market your services to small to medium-sized business who can’t afford to hire a full-time IT employee. Depending on client needs and your qualification, you can provide a range of services like network setup and maintenance, software installation, data recovery, security, and more.
• If you’re savvy with computers, mobiles, and other popular gadgets, you can consider setting up a training center. You can market your services to older adults who need a confidence boost to use these gadgets. You can choose to invest in a few gadgets for students who can’t bring their own!

For the Creatively Inclined

• Jewelry is never going to fall out of favor, so setting up a jewelry designing business can be a good idea if you’re into fashion. If you’ve already studied jewelry designing and work for a boutique or manufacturing company, all you have to do is invest in marketing and aim to gain clients to get your own business up and running. You can be sure to find clients who favor custom and unique designs for jewelry pieces like cocktail or wedding diamond rings, trendy bracelets, etc. If you’re new to this field, you can take up a jewelry designing course and work your way up.
• Realty is a booming sector and if you have an eye for colors, textures, and style, a home decorating or interior design business can prove to be profitable. Network with realtors and builders to get your word across, and see if you can get referrals from local home renovation businesses. You can also consider providing home staging services for sellers!
• If you’re a wordsmith and have a passion for writing, you have ample business opportunities waiting for you. Write articles and blogs for clients or create compelling copy for sales pages and e-mail marketing With self-publishing easier and affordable than before, you can even write a book and market it online. Also, if you’re an expert in a particular field, get started with blogging. Create in-depth content for your readers, post consistently, and monetize your blog to rake in money by selling ad space, e-books or products, and publishing sponsored posts.

For the Sociable

• If you have strong organization and planning skills, you can set up shop as a wedding or event planner. If you’ve managed events for friends or relatives in the past, feature those in your portfolio. While this business idea has low startup costs, having a professional-looking website and business cards will help.
• If you have a background in childcare and teaching, administering medicine and first-aid, nursing, etc., you can consider providing healthcare services to seniors or opening a daycare center for kids. Note that you might need to undergo training and get a certification first!
• For the animal-friendly, a home-based business that involves taking care of pets indoors or taking them out for walks or playtime can be a good start. Since you’re going to be responsible for other people’s pets, you might need to get licensed. If you have the means, you can consider setting up a pet grooming business. Make things convenient for pet owners by offering a mobile grooming service! Another idea that comes with low startup costs is a gourmet treats business. Sell locally or globally with the power of the Internet; just be sure to check permits and follow US Food and Drug Administration guidelines!

Conclusion

If you’ve thought about having your own business countless times but have let go of your dreams because of the uncertainty involved, it’s time for you to take a deep breath and dive into this headfirst. No more saying, “Next year”; take a step forward in the right direction this year!With the information provided here, you now know of 9 amazing business ideas that you can pursue. So don’t be blinded by the comfort and security of your job, take inspiration from this post and get started on building a brighter future for yourself! 

Author Bio:

Swara Segal is a freelance writer and blogger based in the Mumbai, India. She is immersed in the fashion industry and is the go-to-person for trend tips. She has an excellent know-how of various fashion jewelry designs & patterns and the perfect gemstone to go with them. In her free time, she loves to cook for family and friends, and indulges in nature photography.