Ever thought about starting your own business? Every wanted to become an entrepreneur and pursue higher dreams? We receive a lot of inquires for marketing strategy for new business startups.
The first criteria to make your business successful is to choose a business that is based on your skills and interests. And if you haven’t yet decided what will be the most profitable for you, go through these 7 Small Business Ideas that work.
Which Business Do I Start?
While exploring small business ideas, we have shortlisted top 7 that actually work. Let’s have a look at these ideas:
Baby Product Business
One evergreen industry.
One of the most lucrative and fastest growing businesses is the manufacturing and distribution of baby products, like baby wears, toys and toiletries. As the world’s population is continuously expanding, there are many opportunities to expand your business’s reach worldwide. You can also set-up an online store to sell these products online.
Agribusinesses & Consultation
Agriculture business bears a high risk every year. Even a simple mistake in the process of agribusiness can set the entire efforts and investment on fire. So many people are hiring consultants to get advice for managing their farm, provide training to their staff and help in execution of the production processes like feed formation and milling, vaccinations, brooding, fertilizer application, irrigation, harvesting and packaging and marketing.
Another aspect, Poultry Farming. It can be the best business option for you to earn huge returns and has a quick break-even point.
Is this is an area of interest and yet not a area of expertise for you, you can start with forming an online community that connects farmers with consultants. This requires minimum investment and over the years gives you good exposure and domain knoledge.
Eco-Friendly Construction
If you are civil engineer or contractor who is involved in the building construction process and has the knowledge of pollution control while construction, then you can start your construction consultation services. With the rapid rise in global warming, such service providers have tremendous opportunities to serve their skills
“60-80 % of all new jobs come from small businesses.”
– US Small Business Association.Again, if this is what you want to do but are new to the industry, setup an online community for skilled engineers and contractors to network with builders. You can use various open source tools to build your visibility in this industry.
Social Media Marketing
The world is going Digital Right now. Why? Because, traditional ways of marketing are facing challenges to reach vast spectrum of potential customers economically. And internet penetration is making it all the more easier.
With sprouting social media, filling the gap faster for brands to communicate with their customers and reach new markets. Social media marketing is here to stay. And as a professional, you can make a lot of money by sharing sponsored posts, tweets and links for such brands and grow their fans and followers.
Organic Foods and Herbal Drinks
The organic and herbal product market is growing. There is an existing large market worldwide. And many people are updating their dietary consumption with organic and herbal drinks, switching over from fast food and bottled drinks.
This is one huge market. You can start my selling such produce in your local area using social media marketing and local seo techniques. This can also be done by tying up with some local stores where you can co-promote for mutual gains.
All these small business ideas are easy to set-up and execute. But they require a high level of dedication, continued efforts and high involvement to make them profitable for you. Also these businesses need targeted marketing to reach exact clients or customers. And having a strong online presence via Digital Marketing is a must to survive in this highly competitive scenario.
So go ahead and take your chances.
Happy Entrepreneurship!