If you don’t like doing the typical 9-5 or don’t want to work for someone else, becoming an entrepreneur might be the way forward. Having your own business does come with a degree of risk and can be very hard to make a success out of, but if you are determined, driven, and don’t shy away from hard work, then you are already halfway there.
Greatest Business Ideas for Young Entrepreneurs
One hurdle that many budding entrepreneurs face is figuring out what type of business to get into, so, to make it a little easier and offer some inspiration, we’ve put together a few options.
Here are 4 small business ideas for budding entrepreneurs.
Virtual Personal Assistant
If you are a proficient typist, well organized, and extremely efficient, this could become a lucrative business opportunity.
To reduce running costs, many businesses are outsourcing a lot of their clerical needs. This allows them to use these services only when needed rather than paying a full-time salary.
It also reduces the number of permanent employees and the need for larger premises. It’s becoming a popular option for many organizations, and so you could find your services in high demand.
Courier company
If you own a vehicle and have good local area knowledge, you could build a great business offering a courier service.
Set up costs would be fairly minimal, and there could be a high demand. If there is a lot of competition in your area, you could go down the route of offering specialized services.
‘Unbolted’ Entrepreneurs Go Head to Head with the “Out-Dated” Pawn and Secured Lending IndustryEstablished companies like Couriers Texas, for example, offer services specific to certain industries such as medicine or law. You may, of course, require additional insurance, and you will need to investigate the specifics in detail, but it is a great way to set yourself apart from other courier companies. Finding a gap in the market could make all the difference.
Craft business
If you love crafts or have a particular creative talent, why not turn it into a business? Not only can you spend even more time doing what you love, but can make money out of it too. Although selling online is a wise idea, you should also look for local opportunities.
Perhaps there are local craft fairs in your area that you could use as a selling platform. Table hire is usually reasonable in terms of cost, and it’s a great way to let the locals know
about your new enterprise.
Gardening services
If you are a keen gardener and love being outdoors, this may be a great option for you. A good way to get started is to speak to neighbors and find out if you could tend to their lawns or if they need any hedges or plants maintained.
If they are happy with your work, ask them to tell friends and family about the services you offer. Word of mouth in this industry is pivotal and could lead to many new leads and a host of new customers.
Many people don’t enjoy gardening and would much prefer someone else do it for them, so it’s a career that could lead to great success in the long term.
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