Have you dreamed of being your own boss? With the proliferation of virtual services and the increasing acceptance of remote work, business options are wider than ever before. If you’re unsure of what your new business should specialize in, take a look at the ideas below to see the most popular small business categories.
Keep It Virtual
With the prevalence of high-speed internet, more and more services are heading online. Consider starting a freelance consulting business; from a personal stylist or life coach to an interior designer, the options are endless. With so many businesses relying on social media for marketing purposes, you could make a career out of managing posts, engaging with commenters and coming up with influencers to partner with on promotional campaigns. Basically, if you can figure out a way to do what you love online, odds are there are consumers out there who will be willing to do business with you.
The dropshipping phenomenon, where a store can eliminate the need for inventory and instead have a third party manufacture and ship products on its behalf directly to consumers, is revolutionizing the retail economy. With this new model, a retail boutique can be entirely online or carry just a few examples inside a smaller retail space, eliminating the majority of the expense and hassle of running a brick-and-mortar store. This is a great option if you’ve always wanted to own a store but were intimidated by the set-up costs.
Another trend is delivery services. With more and more people shopping from home and skipping in-person errands, businesses that can bring the product straight to the consumer are growing. Whether it’s groceries, flower bouquet subscriptions or in-home furniture assembly, companies that can help a customer skip a time-consuming step are more popular than ever.
The options for starting a business today are seemingly endless. By using available technology and open-minded consumers, a small business can get started and thrive in no time.