The need for improved business ideas has never been greater than it is now—yet many business owners still struggle to come up with innovative new ideas. Here are five creative and successful new company ideas that you can easily implement in your own life or career.
Daily Deals
Offer discounts for specific days of the week when customers buy dozens of different products at steep discounts, one at a time. This business model has seen huge success with companies like Groupon and others like it.
Blogging
If you have a computer, you can be a blogger—and get paid for your thoughts, opinions, and reviews. Create a blog on any topic that you are knowledgeable about, start writing and build an audience. Your blog can be your full-time job, or just an additional source of income. There are numerous ways to monetize blogs these days including display ads, affiliate programs, and e-commerce options.
E-Commerce
There has never been a better time to launch an online store. There are a number of different ways to set up an online store, and the key is that you have your customer’s attention before they buy anything. You can use Facebook advertising, social media marketing and search engine optimization (SEO) strategies to get the ball rolling. Once you get people to come to your website or product page, you can show them relevant products and sales messages directly from the site. You can also use email marketing to drive customers directly to your store.
Financial Planning
Find a demand for financial planning in your area, and offer personalized advice in a free service. You can charge by the hour or per consultation, and work on an independent basis if you choose to do so. If you run into legal problems with the service, you don’t have to worry about payment or clients—because you are complying with state and federal laws.
Train others or partner with others who share your interest and area of expertise.
Online Platform
With so many different websites for online shopping, there are several opportunities out there for online platforms. You can create a website to showcase your own products and prices, as well as affiliate programs that allow you to earn money from purchases made by others.
Bonus Ideas:
Ironton Squirrel Trap-
You put food inside a squirrel trap, secure it in your garden or yard, and wait for squirrels to come by. When they get stuck in the trap, they need to be released, so you can collect their precious nuts. This is a great way to make a little extra money while getting your yard and garden looking perfect.
Pet Groomer-
If you enjoy caring for animals, then this business idea could be right up your alley. There are many different types of pet grooming businesses out there such as dogs and cats, birds, fish, and reptiles.
Tax Return Assistant-
If you love to do taxes but want to make a little extra money, then this business idea is perfect for you. People are always looking for tax assistance and they are willing to pay big bucks in the process.
Handyman Services-
If you have mad skills in the area of home repairs, then this could be a great business idea for you. You can quickly make a bit of extra money by providing temporary home repair services.
Conclusion:
If you need to scratch an entrepreneurial itch and don’t know where to start, these five fresh ideas might be just the ticket. Each idea offers a unique problem-solution combo and has the potential to grow into a successful and profitable sole proprietorship or small business with minimal startup capital. Launch a personal concierge service.